According to MarkNtel Advisors’ research report titled “Global eVTOL Aircraft Market Analysis, 2020”, the global eVTOL Aircraft market is anticipated to grow at a CAGR of around 20.50% during 2020-25, due to the increasing demand for alternative mode of transportation and growing need for operational efficiency. Moreover, the increasing degree of penetration of the eVTOL for commercial purposes such as carriage and passenger commutation both within and outside the terrestrial boundaries of the city, along with the growing investments on the development of supportive infrastructure and government participation in the formulation of operational policies, is expected to augment the overall market growth.
| Report Coverage | Details |
| Study Period | Historical Data: 2015-19 |
| Base Year: 2019 | |
| Forecast Period: 2020-25 | |
| Regions Covered | North America |
| Europe | |
| Asia-Pacific | |
| South America | |
| Middle East & Africa | |
| Unit Denominations | USD Million/Billion |
The 200-500 Kilometers Range Segment is Expected to Witness a Lucrative Growth Rate
Based on the range, the 200-500 kilometers range segment is set to dominate the global market during the forecast period. The segment is also expected to attain the highest CAGR growth during 2020-25, as stated in the MarkNtel Advisors’ research report “Global eVTOL Aircraft Market Analysis, 2020” owing to the rising adoption of the eVTOL aircraft service for the long-distance intercity transportation.
Furthermore, the expanding e-commerce trading and online purchase platforms, has been generating an increasing need for long-distance carriage transportation, which is expected to augment the segment growth in the future.
Asia-Pacific Region is Expected to Attain the Highest CAGR During 2020-25
Based on the geographical segmentation, the Asia-Pacific region is anticipated to attain the highest CAGR during the forecast period. The growth of the region is attributed to the rising investment by the leading eVTOL manufacturers in emerging countries like India and China for the development of the urban air mobility vehicles for varied applications in commercial purposes.
According to MarkNtel Advisors, some the of key competitors operating in the global eVTOL aircraft market include Aurora Flight Sciences, Siemens, Embraer, Volocopter, A3 by Airbus, Workhorse Group, Pipistrel, and Bell Helicopter. The companies are increasingly concentrating on product development and product launches either solely or in collaboration with other one or more companies.
In 2017, Uber undertook a partnership with Aurora Flight Sciences, a subsidiary of Boeing to develop electric vertical take-off and landing (eVTOL) aircraft for its Uber Elevate Network. Further, the Madform Design, a Budapest-based company launched the world’s first multirotor eVTOL aircraft, in collaboration with the Lift Aircraft company, in 2018.
Key Questions Answered in the Market Research Report
Market Outlook, Segmentation and Statistics
Frequently Asked Questions
Q. What would be the growth rate or CAGR of Global eVTOL Aircraft Market during 2020-25?
A. The market size of Global eVTOL Aircraft Market during 2020-25 is forecast to grow at a CAGR of around 20.50%.
Q. Which region would grab the highest market share during 2020-25?
A. It is forecast that Asia-Pacific will dominate the market with majority market share, with market size registering considerably higher CAGR.
Q. Who are the key competitors or players operating in Global eVTOL Aircraft Market?
A. Aurora Flight Sciences, Siemens, Embraer, Volocopter, A3 by Airbus, Workhorse Group, Pipistrel, Bell Helicopter are few of the leading players in the Global EVTOL Aircraft Market.
Q. Does the report scope cover Global eVTOL Aircraft application wise market statistics also?
A. Yes, the scope of the report encompass detailed aircraft application wise statistics based on various subcategories.
Q. Which Range segment would emerge as an opportunity area for players in eVTOL Aircraft Market?
A. 200-500 will continue to grow at a highest CAGR, presenting immense opportunities for manufacturers and suppliers of eVTOL Aircraft Market.
1. Introduction
1.1. Research Process
1.2. Assumption
1.3. Market Segmentation
1.4. Market Definition
2. Executive Summary
3. Expert Verbatim- What our Experts Say?
4. Global eVTOL Aircraft Market Outlook, 2015- 2025F
4.1. Market Size and Analysis
4.1.1. By Revenues
4.2. Market Share and Analysis
4.2.1. By Application
4.2.1.1. Commercial
4.2.1.1.1. By Propulsion
4.2.1.1.2. By Lift Technology
4.2.1.1.3. By Mtow
4.2.1.2. Military
4.2.1.2.1. By Propulsion
4.2.1.2.2. By Lift Technology
4.2.1.2.3. By Mtow
4.2.1.3. Cargo
4.2.1.3.1. By Propulsion
4.2.1.3.2. By Lift Technology
4.2.1.3.3. By Mtow
4.2.2. By Lift Technology
4.2.2.1. Vectored Thrust
4.2.2.2. Multirotor
4.2.2.3. Lift Plus Cruise
4.2.2.4. Others
4.2.2.4.1. Electric Rotorcraft
4.2.2.4.2. Hoverbikes
4.2.3. By Mtow
4.2.3.1. <250 Kilograms
4.2.3.2. 250-500 Kilograms
4.2.3.3. 500-1500 Kilograms
4.2.3.4. 1500 Kilograms and Above
4.2.4. By Type of Propulsion
4.2.4.1. Fully Electric
4.2.4.2. Hybrid
4.2.4.3. Electric Hydrogen
4.2.5. By Mode of Operation
4.2.5.1. Optionally Piloted
4.2.5.2. Piloted
4.2.6. By Range
4.2.6.1. 0-200 Km
4.2.6.2. 200- 500Km
4.2.7. By Region
4.2.7.1. North America
4.2.7.2. South America
4.2.7.3. Europe
4.2.7.4. Middle East & Africa
4.2.7.5. Asia-Pacific
4.2.8. By Company
4.2.8.1. Revenue Shares
4.2.8.2. Strategic Factorial Indexing
4.2.8.3. Competitor Placement in Markntel Quadrant
5. North America eVTOL Aircraft Market Outlook, 2015- 2025F
5.1. Market Size and Analysis
5.1.1. By Revenues
5.2. Market Share and Analysis
5.2.1. By Application
5.2.2. By Type of Propulsion
5.2.3. By Lift Technology
5.2.4. By Range
5.2.5. By Mtow
5.2.6. By Mode of Operation
5.2.7. By Country
5.2.7.1. US
5.2.7.2. Canada
5.3. The US eVTOL Aircraft Market Outlook, 2015- 2025F
5.3.1. Market Size and Analysis
5.3.1.1. By Revenues
5.3.2. Market Share and Analysis
5.3.2.1. By Application
5.3.2.2. By Type of Propulsion
5.3.2.3. By Lift Technology
5.3.2.4. By Range
5.3.2.5. By Mtow
5.3.2.6. By Mode of Operation
5.4. Canada eVTOL Aircraft Market Outlook, 2015- 2025F
5.4.1. Market Size and Analysis
5.4.1.1. By Revenues
5.4.2. Market Share and Analysis
5.4.2.1. By Application
5.4.2.2. By Type of Propulsion
5.4.2.3. By Lift Technology
5.4.2.4. By Range
5.4.2.5. By Mtow
5.4.2.6. By Mode of Operation
6. South America eVTOL Aircraft Market Outlook, 2015- 2025F
6.1. Market Size and Analysis
6.1.1. By Revenues
6.2. Market Share and Analysis
6.2.1. By Application
6.2.2. By Type of Propulsion
6.2.3. By Lift Technology
6.2.4. By Range
6.2.5. By Mtow
6.2.6. By Mode of Operation
6.2.7. By Country
6.2.7.1. Brazil
6.3. Brazil eVTOL Aircraft Market Outlook, 2015- 2025F
6.3.1. Market Size and Analysis
6.3.1.1. By Revenues
6.3.2. Market Share and Analysis
6.3.2.1. By Application
6.3.2.2. By Type of Propulsion
6.3.2.3. By Lift Technology
6.3.2.4. By Range
6.3.2.5. By Mtow
6.3.2.6. By Mode of Operation
7. Europe eVTOL Aircraft Market Outlook, 2015- 2025F
7.1. Market Size and Analysis
7.2. Market Size and Analysis
7.2.1. By Revenues
7.3. Market Share and Analysis
7.3.1. By Application
7.3.2. By Type of Propulsion
7.3.3. By Lift Technology
7.3.4. By Range
7.3.5. By Mtow
7.3.6. By Mode of Operation
7.3.7. By Country
7.3.7.1. Germany
7.3.7.2. Switzerland
7.3.7.3. France
7.3.7.4. Belgium
7.3.7.5. Estonia
7.3.7.6. Netherlands
7.4. Germany eVTOL Aircraft Market Outlook, 2015- 2025F
7.4.1. Market Size and Analysis
7.4.1.1. By Revenues
7.4.2. Market Share and Analysis
7.4.2.1. By Application
7.4.2.2. By Type of Propulsion
7.4.2.3. By Lift Technology
7.4.2.4. By Range
7.4.2.5. By Mtow
7.4.2.6. By Mode of Operation
7.5. Switzerland eVTOL Aircraft Market Outlook, 2015- 2025F
7.5.1. Market Size and Analysis
7.5.1.1. By Revenues
7.5.2. Market Share and Analysis
7.5.2.1. By Application
7.5.2.2. By Type of Propulsion
7.5.2.3. By Lift Technology
7.5.2.4. By Range
7.5.2.5. By Mtow
7.5.2.6. By Mode of Operation
7.6. France eVTOL Aircraft Market Outlook, 2015- 2025F
7.6.1. Market Size and Analysis
7.6.1.1. By Revenues
7.6.2. Market Share and Analysis
7.6.2.1. By Application
7.6.2.2. By Type of Propulsion
7.6.2.3. By Lift Technology
7.6.2.4. By Range
7.6.2.5. By Mtow
7.6.2.6. By Mode of Operation
7.7. Belgium eVTOL Aircraft Market Outlook, 2015- 2025F
7.7.1. Market Size and Analysis
7.7.1.1. By Revenues
7.7.2. Market Share and Analysis
7.7.2.1. By Application
7.7.2.2. By Type of Propulsion
7.7.2.3. By Lift Technology
7.7.2.4. By Range
7.7.2.5. By Mtow
7.7.2.6. By Mode of Operation
7.8. Estonia eVTOL Aircraft Market Outlook, 2015- 2025F
7.8.1. Market Size and Analysis
7.8.1.1. By Revenues
7.8.2. Market Share and Analysis
7.8.2.1. By Application
7.8.2.2. By Type of Propulsion
7.8.2.3. By Lift Technology
7.8.2.4. By Range
7.8.2.5. By Mtow
7.8.2.6. By Mode of Operation
7.9. Netherlands eVTOL Aircraft Market Outlook, 2015- 2025F
7.9.1. Market Size and Analysis
7.9.1.1. By Revenues
7.9.2. Market Share and Analysis
7.9.2.1. By Application
7.9.2.2. By Type of Propulsion
7.9.2.3. By Lift Technology
7.9.2.4. By Range
7.9.2.5. By Mtow
7.9.2.6. By Mode of Operation
8. Middle East & Africa eVTOL Aircraft Market Outlook, 2015- 2025F
8.1. Market Size and Analysis
8.1.1. By Revenues
8.2. Market Share and Analysis
8.2.1. By Application
8.2.2. By Type of Propulsion
8.2.3. By Lift Technology
8.2.4. By Range
8.2.5. By Mtow
8.2.6. By Mode of Operation
8.2.7. By Country
8.2.7.1. UAE
8.2.7.2. Saudi Arabia
8.3. UAE eVTOL Aircraft Market Outlook, 2015- 2025F
8.3.1. Market Size and Analysis
8.3.1.1. By Revenues
8.3.2. Market Share and Analysis
8.3.2.1. By Application
8.3.2.2. By Type of Propulsion
8.3.2.3. By Lift Technology
8.3.2.4. By Range
8.3.2.5. By Mtow
8.3.2.6. By Mode of Operation
8.4. Saudi Arabia eVTOL Aircraft Market Outlook, 2015- 2025F
8.4.1. Market Size and Analysis
8.4.1.1. By Revenues
8.4.2. Market Share and Analysis
8.4.2.1. By Application
8.4.2.2. By Type of Propulsion
8.4.2.3. By Lift Technology
8.4.2.4. By Range
8.4.2.5. By Mtow
8.4.2.6. By Mode of Operation
9. Asia-Pacific eVTOL Aircraft Market Outlook, 2015- 2025F
9.1. Market Size and Analysis
9.1.1. By Revenues
9.2. Market Share and Analysis
9.2.1. By Application
9.2.2. By Type of Propulsion
9.2.3. By Lift Technology
9.2.4. By Range
9.2.5. By Mtow
9.2.6. By Mode of Operation
9.2.7. By Country
9.2.7.1. India
9.2.7.2. Japan
9.2.7.3. Australia
9.2.7.4. Singapore
9.3. Singapore eVTOL Aircraft Market Outlook, 2015- 2025F
9.3.1. Market Size and Analysis
9.3.1.1. By Revenues
9.3.2. Market Share and Analysis
9.3.2.1. By Application
9.3.2.2. By Type of Propulsion
9.3.2.3. By Lift Technology
9.3.2.4. By Range
9.3.2.5. By Mtow
9.3.2.6. By Mode of Operation
9.4. China eVTOL Aircraft Market Outlook, 2015- 2025F
9.4.1. Market Size and Analysis
9.4.1.1. By Revenues
9.4.2. Market Share and Analysis
9.4.2.1. By Application
9.4.2.2. By Type of Propulsion
9.4.2.3. By Lift Technology
9.4.2.4. By Range
9.4.2.5. By Mtow
9.4.2.6. By Mode of Operation
9.5. India eVTOL Aircraft Market Outlook, 2015- 2025F
9.5.1. Market Size and Analysis
9.5.1.1. By Revenues
9.5.2. Market Share and Analysis
9.5.2.1. By Application
9.5.2.2. By Type of Propulsion
9.5.2.3. By Lift Technology
9.5.2.4. By Range
9.5.2.5. By Mtow
9.5.2.6. By Mode of Operation
9.6. Japan eVTOL Aircraft Market Outlook, 2015- 2025F
9.6.1. Market Size and Analysis
9.6.1.1. By Revenues
9.6.2. Market Share and Analysis
9.6.2.1. By Application
9.6.2.2. By Type of Propulsion
9.6.2.3. By Lift Technology
9.6.2.4. By Range
9.6.2.5. By Mtow
9.6.2.6. By Mode of Operation
9.7. Australia eVTOL Aircraft Market Outlook, 2015- 2025F
9.7.1. Market Size and Analysis
9.7.1.1. By Revenues
9.7.2. Market Share and Analysis
9.7.2.1. By Application
9.7.2.2. By Type of Propulsion
9.7.2.3. By Lift Technology
9.7.2.4. By Range
9.7.2.5. By Mtow
9.7.2.6. By Mode of Operation
10. Global eVTOL Aircraft Market Policies, Regulations, Application Standards
11. Global eVTOL Aircraft Market Trends & Insights
12. Global eVTOL Aircraft Market Dynamics
12.1.Growth Drivers
12.2.Challenges
12.3.Impact Analysis
13. Global eVTOL Aircraft Market Hotspot and Opportunities
14. Global eVTOL Aircraft Market Key Strategic Imperatives for Success and Growth
15. Competitive Outlook
15.1.Competition Matrix
15.1.1. Application Portfolio
15.1.2. Brand Specialization
15.1.3. Target Markets
15.1.4. Target Applications
15.1.5. Research & Development
15.1.6. Strategic Alliances
15.1.7. Strategic Initiatives
15.2.Company Profiles (Business Description, Application Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
15.2.1. Aurora Flight Sciences
15.2.2. Siemens
15.2.3. Embraer
15.2.4. Volocopter
15.2.5. A3 by Airbus
15.2.6. Workhorse Group
15.2.7. Pipistrel
15.2.8. Bell Helicopter
15.2.9. Neva Aerospace
15.2.10. Kitty Hawk
16. Disclaimer
