Global Fixed-Wing Vertical Take-Off & Landing (VTOL) Market Research Report: Forecast (2025-2030)

Market Definition

Fixed-wing Vertical Take-Off and Landing (VTOL) aircraft are planes that can take off and land by direct up and down movements just like a helicopter, but while in the air, they use their wings to fly effectively at high speeds.

Market Insights & Analysis: Global Fixed-Wing Vertical Take-Off & Landing (VTOL) Market (2025-30):

The Global Fixed-Wing Vertical Take-Off & Landing (VTOL) Market size was valued at around USD 1.2 Billion in 2024 and is projected to reach USD 3.6 Billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 20% during the forecast period, i.e., 2025-30. The main reason behind this growth is the ease provided by such aircraft as they can land anywhere without the requirement of any runway patch. That’s why they are widely used in air taxis, cargo drones, and military jets with limited area at the destination of landing or taking-off such as naval ships for jets, home addresses for cargo drones, etc.Moreover, vehicle traffic in various countries is continuously increasing and this causes traffic jams, especially in metro cities where time is very important for the working population. It makes it difficult for people to reach their destinations on time. For instance, London has the most vehicle traffic and it takes more than 37 minutes to travel 10 km. As a result, air taxis are expected to become the best alternative to avoid such traffic in the future as they can pick up and drop up customers anywhere without any runway hence saving their time. For instance, VX 4 VTOL takes 8 minutes for a 15 miles distance while by road it would take around 52 minutes. Also, as most such air taxis have e-VTOL, they do not cause any pollution. Hence, they also align with the sustainability goals of various countries.

Furthermore, the number of tourists is also increasing in various countries. For instance, France noted the highest number of tourist arrivals in 2023, i.e., approximately 100 million. This number was below 80 million in the previous year. Similar trends were seen in most of the countries, and these numbers are expected to increase in the future. As a result, the demand for Urban Air Mobility (UAM) will also increase to ensure fast travel, sightseeing for various tourist attractions, and so on. Therefore, due to the demand for fast and convenient, short-distance air travel, there would be a high demand for air vehicles that can take off and land in a limited area, thus increasing the demand for fixed-wing VTOL vehicles.

Global Fixed-Wing Vertical Take-Off & Landing (VTOL) Market Driver:

Increasing Demand for High-Speed & Efficient Travels – As people have hectic schedules, there is a need for fast and affordable transport services that can pick up and drop them at their desired locations and assist in saving time by avoiding traffic present on roads. Because air taxis possess VTOL technology, they can collect passengers from their homes and drop them to their destinations without road traveling as they can be used over a limited area.

Additionally, fixed-wing VTOLs are more fuel-efficient than helicopters, mainly for longer distances, as their fixed-wing flight mode helps them to cruise efficiently at higher speeds. As a result, their travel also becomes cheaper thus attracting more people. Therefore, the affordable prices and time-efficient travel offered by VTOL are the main reasons driving the growth of the market.

Global Fixed-Wing Vertical Take-Off & Landing (VTOL) Market Opportunity:

Growing E-Commerce Sector – People are rapidly inclining towards online shopping in various countries. For instance, the worldwide e-commerce sector generated a revenue of around USD 5.9 trillion in 2022 and is expected to generate USD 6.09 trillion by the end of 2024. As there is an ongoing trend of superfast deliveries, they can be completed using fixed-wing VTOL cargo drones that can easily land at the customer’s address and deliver the products. However, some companies are already using drone services but they do not use VTOL drones, as a result, they drop the deliveries using parachutes, which is not safe for the products and might cause inconvenience to the customers. For instance, Walmart in collaboration with Zipline delivers medicines using such drones in the US. Therefore, delivering products using VTOL drones can save time and can help companies align with fast-shipping goals and achieve customer satisfaction thus providing a lucrative growth opportunity for the market.

Global Fixed-Wing Vertical Take-Off & Landing (VTOL) Market Challenge:

Low Energy Density of Batteries Decreasing the Efficiency of Fixed-Wing E-VTOLs – E-VTOLs need high power during take-off, landing, and when they fly into crosswinds. However, the batteries do not yet have the required energy density for such operations of personal, electric VTOL aircraft. Fuels used in conventional VTOLs are around 50 times more energetic as compared to the most powerful batteries available to date. This leads to battery failures thus exposing the passengers to an elevated risk and also reducing the public acceptance of such VTOL crafts.

For instance, in 2022, Beta Technologies’ Alia 250 aircraft’s battery caught fire before its testing. The company wants to start its use by 2025, but its approval by the FAA is still pending. Therefore, energy-deficient batteries decrease the efficiency of VTOL and increase the risk for the crew, thus losing the customers’ trust and limiting the market growth.

Global Fixed-Wing Vertical Take-Off & Landing (VTOL) Market Trend:

Noise-Free Fixed-Wing VTOLs Gaining Momentum – As VTOLs are experiencing continuous innovations, a notable trend in recent years is that various companies are focusing on the development of crafts that do not make much noise and provide a peaceful environment for passengers. This trend is mainly observed in the e-VTOLs as they have electrically powered rotors that make high noise. For instance, the Lilium Jet is built with ducted fan technology, a technology in which noise from enclosed engines is directed away from the cabin. Moreover, the Joby Jet is equipped with large-diameter propellers that rotate at low speed but provide the same power to the craft and create low-intensity & low-frequency pressure waves thus reducing the sound. Therefore, all these technologies show a high focus of companies towards reducing the sound of their VTOL crafts, and this trend is expected to remain in the future as well to ensure customer satisfaction.

Global Fixed-Wing Vertical Take-Off & Landing (VTOL) Market (2025-30): Segmentation Analysis

The Global Fixed-Wing Vertical Take-Off & Landing (VTOL) Market study of MarkNtel Advisors evaluates & highlights the major trends and influencing factors in each segment. It includes predictions for the period 2025–30 at the global level. Based on the analysis, the market has been further classified as:

Based on Type:

• Electric Fixed-Wing VTOL
• Conventional Fixed-Wing VTOL
• Hybrid Fixed-Wing VTOL

Based on the type of VTOL craft, electric fixed-wing VTOLs will lead the market in the future with a share of around 67%. This dominance is due to the numerous advantages offered by the electric VTOLs. They are cheaper to operate than other aircraft with combustion engines such as helicopters. For instance, companies like Joby and Wisk are expecting to offer a price of around USD 3 per passenger per mile. As a result, people will shift to these VTOLs to reduce their traveling time and cost. Moreover, electric VTOLs do not emit carbon in the environment. Hence, its operations align with the sustainability goals of various regions. Therefore, the supreme advantages offered by eVTOLs would result in their high use. As a result, their production will also increase thus fueling their dominance.

Based on Operation:

• Manned Aircraft
• Unmanned Aerial Vehicle

Based on the operation, manned aircraft are expected to dominate the market in coming years with a market share of around 75%. Urban Air Mobility (UAM) would be the most prominent sector that will use fixed-wing VTOLs. For instance, EHang is expanding its air taxi service to Dubai as it has obtained certification for its EH-216 S air taxi, which it has already trialed in Mecca, Saudi Arabia. Also, Joby Aviation aimed to launch air taxis in Dubai by the end of 2025. As those air taxis are man-operated, they are the main contributors to this segment’s dominance.

Moreover, as various countries are investing in strengthening their defense, their naval defense will also expand. As a result, the need for aircraft that can take off and land from a small area will also increase. Examples of such aircraft are the F-35B Lightening II by Lockheed Martin, Bell Boeing V-22 Osprey by Bell Textron, and much more. As these aircraft are also man-operated, they further fuel the dominance of manned aircraft. Therefore, the high use of manned aircraft by both government as well as commercial sectors is the main reason behind this segment’s dominance.

Global Fixed-Wing Vertical Take-Off & Landing (VTOL) Market (2025-30): Regional Projections

Geographically, the Global Fixed-Wing Vertical Take-Off & Landing (VTOL) Market expands across:

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

Regionally, North America is the major user of fixed-wing VTOLs and holds a market share of around 41%. This is because it is home to most of the leading companies that manufacture VTOL-based air taxis such as Joby Aviation, Lilium Aviation, Urban Aeronautics, and much more. As these companies innovate their crafts, they are mostly tested and used in this region.

Moreover, this region has been the most prominent user of VTOL fighter jets in historical years, with the US having the highest number of such aircraft. For instance, the US Air Force has around 353 F-35B VTOL aircraft. More such aircraft with the US are Boeing AV-8B Harrier GR5, AV-8B Harrier II, etc. Therefore, North America is the most prominent producer and user of fixed-wing VTOLs thus leading the market.

Global Fixed-Wing Vertical Take-Off & Landing (VTOL) Industry Recent Development:

• 2024: Joby Aviation received an investment of about USD 500 million from Toyota Motor and will receive a second tranche in 2025 leading to an overall investment of around USD 894 million. This collaboration aimed to help Joby Aviation receive all 5 certifications and show the vision of both companies toward air mobility.
• 2024: Lilium collaborated with GE Aerospace. This collaboration aimed to provide flight data management solutions for the operators of Lilium e-VTOL using their respective flight data and analytics platforms.

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