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EVTOL Aircrafts Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: EHang, Airbus, Airspace Experience Technologies, CAE,

09 Mar, 2022 | 180 Pages
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Global eVTOL Aircrafts market size is USD  million in 2022 from USD 36 million in 2021, with a change of % between 2021 and 2022. The global eVTOL Aircrafts market size will reach USD 27460 million in 2027, growing at a CAGR of 157.9% over the analysis period.



EVTOL Aircrafts Market Overview



eVTOL aircraft attitudes for electric vertical take-off and landing. This is a system that deals in autonomous electric aircraft which offer improved services in the name of safety and comfort. Also, they help in producing less noise, therefore, less noise pollution. The eVTOL aircraft market is gearing up on its operational efficiency with a motive to enhance customer experience by provided that flexibility and convenience. Also, it helps in fast travel. These are electric aircrafts and perform concise functions with a good speed. 



There are major suppliers of the help of the e-VTOL aircraft infeasible solutions for communication and a more reliable customer experience. Because of the vast global expansion and key players conducive largely to the sector of research and development, the growth in the eVTOL aircraft market forecast is predicted. 



Industry News and Development:



In August 2021, Pipistrel’s new aircraft, including the fixed-wing Surveyor and both unmanned Nuuva platforms, the V300 and smaller V20, will be using Honeywell’s compact satellite communications technology. Honeywell’s Small UAV SATCOM system is 90% lighter than the company’s next smallest connectivity system, yet it brings the same capabilities enjoyed by larger aircraft to the Nuuva V300, V20, and Surveyor.



In July 2021, CAE, a global leader in aviation training, and Volocopter entered into a strategic partnership to develop, certify, and deploy an innovative pilot training program for electric vertical take-off and landing (eVTOL) operations. This eVTOL pilot training program will develop the pilot workforce of the future and ensure the safe introduction of eVTOL operations globally by leveraging CAE’s advanced technologies such as artificial intelligence (AI), virtual reality (VR), mixed reality (MR), as well as data analytics and Volocopter’s leading understanding of requirements for integration into the UAM ecosystem.



What are the major Applications, Types and Regions for EVTOL Aircrafts Market?



EVTOL Aircrafts Market is segmented based on the Type, Applications and Regions.



By Type, it is segmented into




  • Electric

  • Hydrogen Fuel Cell

  • Hybrid

  • Others



By Applications, it is segmented into




  • Air Tour

  • Medical Emergency Transportation

  • Logistics Transportation

  • Transit

  • Others



EVTOL Aircrafts Market Regional Analysis



North America is anticipated to dominate the global market, owing to the presence of key manufacturers such as Joby Aviation, Bell Textron Inc., Kitty Hawk, and others in the U.S. Moreover, rising investment by the U.S. government for development of VTOL aircraft is expected to propel the market growth.



For instance, in May 2021, the U.S. Air Force Research Laboratory (AFRL) awarded a contract worth USD 950,000 to Bell to conduct applied research on high speed VTOL aircraft.



Asia Pacific is expected to grow at higher CAGR owing to the increased investment by the eVTOl manufacturers such as Ehang for development of urban air mobility solutions. Moreover, rising urbanization in the region is expected to support the growth of the market.



The market in Europe is expected to witness significant growth as several cities in Europe have joined the Urban Air Mobility (UAM) Initiative, a part of the European Innovation Partnership on Smart Cities and Communities (EIP-SCC).




  • North America


    • US

    • Canada



  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe



  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific



  • Rest of the World

    • Middle East & Africa

    • Latin America





What is our EVTOL Aircrafts Market report scope?



Scope of the Report covers EVTOL Aircrafts Market with detailed analysis of the overall scenario for the market. It also highlights the business participants environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this EVTOL Aircrafts Market analysis report as it has vital details to provide about regional markets, expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how worldwide market is working through efficient information graphics.























































Reports Attributes



Report Details



Forecast Period 2022 to 2027 CAGR



CAGR of 15.9% during the review period (2022 to 2027).



By Type




  • Electric

  • Hydrogen Fuel Cell

  • Hybrid

  • Other



By Application




  • Air Tour

  • Medical Emergency Transportation

  • Logistics Transportation

  • Transit

  • Others



By Companies



EHang Holdings Limited (NasdaqGM :EH), Airbus SE (Paris :AIR.PA), Airspace Experience Technologies, CAE, Aurora Flight Sciences, Bell Aircraft Corporation, The Boeing Company, Embraer, Overair, Lilium, Neva Aerospace, Opener, Pipistrel, Volocopter, Moog, Porsche



Regions Covered



• North America



• Europe



• Asia-Pacific



• Rest of the World



Countries Covered



• US



• Canada



• Germany



• France



• UK



• Italy



• Spain



• Rest of Europe



• China



• Japan



• India



• Australia



• South Korea



• Rest of Asia-Pacific



• Middle East & Africa



• Latin America



Base Year



2022



Historical Year



2017 to 2021



Forecast Year



2022 to 2027



Number of Pages



180



Customization Available



Yes, the report can be customized as per your needs




Key Takeaways from this EVTOL Aircrafts Report




  • Evaluate EVTOL Aircrafts market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.

  • Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.

  • Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.

  • Analyze the sales and distribution channels across geographies to enhance top-line revenues.

  • Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.

  • Get a quick outlook on the EVTOL Aircrafts market entropy - M&A's, deals, partnerships, product launches of all key players for the past 5 years.

  • Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.



All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.



Frequently Asked Questions



What is the study period of this market?



The EVTOL Aircrafts Market is studied from 2017 - 2027.



Who are the key players in EVTOL Aircrafts Market?



EHang Holdings Limited (NasdaqGM :EH), Airbus SE (Paris :AIR.PA), Airspace Experience Technologies, CAE, Aurora Flight Sciences, Bell Aircraft Corporation, The Boeing Company, Embraer, Overair, Lilium, Neva Aerospace, Opener, Pipistrel, Volocopter, Moog, Porsche, Autonomous Flight, Alaka'i Technologies, Cartivator SkyDrive, Joby Aviation, Kitty Hawk, Sabrewing..



What are the significant types of EVTOL Aircrafts Market?



Electric, Hydrogen Fuel Cell, Hybrid, Other



What are the major end-use applications of EVTOL Aircrafts Market?



Air Tour, Medical Emergency Transportation, Logistics Transportation, Transit, Others.



What segments are covered in the EVTOL Aircrafts Market report?



The Global EVTOL Aircrafts Market is Segmented on the basic of Product, Application, and Geography.



How can I get a sample report/company profile for the EVTOL Aircrafts Market?



The sample report for the EVTOL Aircrafts Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.


  1. INTRODUCTION

    1. MARKET DEFINATION

    2. MARKET DYNAMICS

    3. MARKET SEGMENTATION

    4. REPORT TIMLINES

    5. KEY STAKEHOLDERS



  2. RESEARCH METHODOLOGY

    1. DATA MINING

      1. SECONDARY RESEARCH

      2. PRIMARY RESEARCH

      3. SUBJECT MATTER EXPERT ADVICE



    2. QUALITY CHECK

    3. FINAL REVIEW

      1. DATA TRIANGULATION

      2. BOTTOM-UP APPROACH

      3. TOP-DOWN APPROACH



    4. RESEARCH FLOW



  3. EXECUTIVE SUMMARY

    1. INTRODUCTION

    2. GLOBAL EVTOL AIRCRAFTS MARKET BY APPLICATIONS

    3. GLOBAL EVTOL AIRCRAFTS MARKET BY TYPES



  4. MARKET DYNAMICS

    1. DRIVERS

      1. INCREASING DEMAND FOR EVTOL AIRCRAFTS



    2. RESTRAINTS

      1. STRINGENT ENVIRONMENTAL REGUALTIONS

      2. HIGH COST ON MATERIALS



    3. OPPORTUNITIES

      1. EVTOL AIRCRAFTS GROWTH

      2. APPLICATION OF EVTOL AIRCRAFTS



    4. IMPACT OF COVID 19



  5. GLOBAL EVTOL AIRCRAFTS MARKET, BY APPLICATION

    1. INTRODUCTION

    2. AIR TOUR

    3. MEDICAL EMERGENCY TRANSPORTATION

    4. LOGISTICS TRANSPORTATION

    5. TRANSIT

    6. OTHERS



  6. GLOBAL EVTOL AIRCRAFTS MARKET, BY TYPES

    1. INTRODUCTION

    2. ELECTRIC

    3. HYDROGEN FUEL CELL

    4. HYBRID



  7. GLOBAL EVTOL AIRCRAFTS MARKET, BY REGION

    1. NORTH AMERICA

      1. US

      2. CANADA

      3. MEXICO



    2. EUROPE

      1. GERMANY

      2. FRANCE

      3. UK

      4. ITALY

      5. RUSSIA

      6. REST OF EUROPE



    3. APAC

      1. CHINA

      2. SOUTH KOREA

      3. JAPAN

      4. INDIA

      5. AUSTRALIA

      6. ASEAN

      7. REST OF APAC



    4. MIDDLE EAST & AFRICA

      1. SAUDI ARABIA

      2. UAE

      3. SOUTH AFRICA

      4. TURKEY

      5. REST OF MEA



    5. SOUTH AMERICA

      1. BRAZIL

      2. REST OF MEA

      3. ARGENTINA

      4. REST OF SOUTH AMERICA





  8. COMPETITIVE LANDSCAPE

    1. MERGERS, ACQUISITIONS, JOINT VENTURES, COLLABORATIONS,

    2. AND AGREEMENTS

      1. KEY DEVELOPMENT



    3. MARKET SHARE (%) **/RANKING ANALYSIS

    4. STRATEGIES ADOPTED BY LEADING PLAYERS



  9. COMPANY PROFILES

    1. BUSINESS OVERVIEW

    2. COMPANY SNAPSHOT

    3. PRODUCT BENCHMARKING

    4. STRATEGIC INITIATIVES

      1.     EHang

      2.     Airbus

      3.     Airspace Experience Technologies

      4.     Aurora Flight Sciences

      5.     Bell Aircraft Corporation

      6.     The Boeing Company

      7.     Embraer

      8.     Overair

      9.     Lilium

      10.     Neva Aerospace

      11.     Opener

      12.     Pipistrel

      13.     Volocopter

      14.     Moog

      15.     Porsche

      16.     Autonomous Flight

      17.     Alaka'i Technologies

      18.     Cartivator SkyDrive

      19.     Joby Aviation

      20.     Kitty Hawk

      21.     Sabrewing





SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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