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Global eVTOL Aircraft Market by Lift Technology (Lift plus Cruise, Multirotor, Vectored Thrust), Propulsion Type (Fully Electric, Hybrid Electric, Hydrogen Electric), System, Mode of Operation, Application, MTOW, Range - Forecast 2023-2030

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  • 183 Pages
  • March 2024
  • Region: Global
  • 360iResearch™
  • ID: 5532872
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The eVTOL Aircraft Market size was estimated at USD 10.83 billion in 2022, USD 12.44 billion in 2023, and is expected to grow at a CAGR of 15.40% to reach USD 34.07 billion by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the eVTOL Aircraft Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the eVTOL Aircraft Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the eVTOL Aircraft Market, highlighting leading vendors and their innovative profiles. These include Airbus SE, ARC Aerosystems Ltd., Archer Aviation Inc., BETA Technologies, Inc., EHang Holdings Limited, Elroy Air, Inc., Embraer S.A., Israel Aerospace Industries Ltd., Jaunt Air Mobility LLC, Joby Aviation, Inc., LIFT Aircraft Inc., Lilium GmbH, MGM COMPRO, Moog Inc., Overair, Inc., Piasecki Aircraft Corporation, Terrafugia, Inc., Textron, Inc., The Boeing Company, Urban Aeronautics Ltd., Vertical Aerospace Group Ltd., Volocopter GmbH, Wisk Aero LLC, and XTI Aircraft Company.

Market Segmentation & Coverage

This research report categorizes the eVTOL Aircraft Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Lift Technology
    • Lift plus Cruise
    • Multirotor
    • Vectored Thrust
  • Propulsion Type
    • Fully Electric
    • Hybrid Electric
    • Hydrogen Electric
  • System
    • Aerostructures
    • Avionics
    • Batteries & Cells
      • Hydrogen Fuel Cells
      • Lithium-Ion Batteries
      • Solid-State Batteries
    • Electric Motor/Engine
    • Software
  • Mode of Operation
    • Autonomous
    • Piloted
  • Application
    • Air Ambulance & Medical Emergency
    • Air Shuttles & Air Metro
    • Air Taxis
    • Cargo Transport
    • Inspection & Monitoring
    • Last-Mile Delivery
    • Private Transport
    • Special Mission
    • Surveillance
    • Surveying & Mapping
  • MTOW
    • 1,000–2,000 kg
    • 100–1000 kg
    • < 100 kg
    • >2,000 kg
  • Range
    • 0 - 200 km
    • 200 - 500 km
  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as

  1. What is the market size and forecast of the eVTOL Aircraft Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the eVTOL Aircraft Market?
  3. What are the technology trends and regulatory frameworks in the eVTOL Aircraft Market?
  4. What is the market share of the leading vendors in the eVTOL Aircraft Market?
  5. Which modes and strategic moves are suitable for entering the eVTOL Aircraft Market?

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This report also includes a complimentary Excel file with data from the report for purchasers at the Site License or greater level.

Table of Contents

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. eVTOL Aircraft Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increasing Air Traffic and Aircraft Fleets Globally
5.1.1.2. Growing Demand for Green Energy and Noise-Free Aircraft
5.1.1.3. Lowering Cost and Increasing Availability of Lithium Ion Batteries
5.1.2. Restraints
5.1.2.1. Huge Concerns Regarding Failures in the Battery
5.1.3. Opportunities
5.1.3.1. Technological Advancements in eVTOL Aircrafts
5.1.3.2. Increasing Deployment of Hybrid-Electric Propulsion Systems and Autopilot Systems in eVTOL Aircrafts
5.1.4. Challenges
5.1.4.1. Lack of Regulatory Standards and Certification Issues
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of COVID-19
5.5. Cumulative Impact of Russia-Ukraine Conflict
5.6. Cumulative Impact of High Inflation
5.7. Porter’s Five Forces Analysis
5.7.1. Threat of New Entrants
5.7.2. Threat of Substitutes
5.7.3. Bargaining Power of Customers
5.7.4. Bargaining Power of Suppliers
5.7.5. Industry Rivalry
5.8. Value Chain & Critical Path Analysis
5.9. Regulatory Framework
5.10. Client Customization
6. eVTOL Aircraft Market, by Lift Technology
6.1. Introduction
6.2. Lift plus Cruise
6.3. Multirotor
6.4. Vectored Thrust
7. eVTOL Aircraft Market, by Propulsion Type
7.1. Introduction
7.2. Fully Electric
7.3. Hybrid Electric
7.4. Hydrogen Electric
8. eVTOL Aircraft Market, by System
8.1. Introduction
8.2. Aerostructures
8.3. Avionics
8.4. Batteries & Cells
8.5.1. Hydrogen Fuel Cells
8.5.2. Lithium-Ion Batteries
8.5.3. Solid-State Batteries
8.5. Electric Motor/Engine
8.6. Software
9. eVTOL Aircraft Market, by Mode of Operation
9.1. Introduction
9.2. Autonomous
9.3. Piloted
10. eVTOL Aircraft Market, by Application
10.1. Introduction
10.2. Air Ambulance & Medical Emergency
10.3. Air Shuttles & Air Metro
10.4. Air Taxis
10.5. Cargo Transport
10.6. Inspection & Monitoring
10.7. Last-Mile Delivery
10.8. Private Transport
10.9. Special Mission
10.10. Surveillance
10.11. Surveying & Mapping
11. eVTOL Aircraft Market, by MTOW
11.1. Introduction
11.2. 1,000-2,000 kg
11.3. 100-1000 kg
11.4. < 100 kg
11.5. >2,000 kg
12. eVTOL Aircraft Market, by Range
12.1. Introduction
12.2. 0 - 200 km
12.3. 200 - 500 km
13. Americas eVTOL Aircraft Market
13.1. Introduction
13.2. Argentina
13.3. Brazil
13.4. Canada
13.5. Mexico
13.6. United States
14. Asia-Pacific eVTOL Aircraft Market
14.1. Introduction
14.2. Australia
14.3. China
14.4. India
14.5. Indonesia
14.6. Japan
14.7. Malaysia
14.8. Philippines
14.9. Singapore
14.10. South Korea
14.11. Taiwan
14.12. Thailand
14.13. Vietnam
15. Europe, Middle East & Africa eVTOL Aircraft Market
15.1. Introduction
15.2. Denmark
15.3. Egypt
15.4. Finland
15.5. France
15.6. Germany
15.7. Israel
15.8. Italy
15.9. Netherlands
15.10. Nigeria
15.11. Norway
15.12. Poland
15.13. Qatar
15.14. Russia
15.15. Saudi Arabia
15.16. South Africa
15.17. Spain
15.18. Sweden
15.19. Switzerland
15.20. Turkey
15.21. United Arab Emirates
15.22. United Kingdom
16. Competitive Landscape
16.1. FPNV Positioning Matrix
16.2. Market Share Analysis, By Key Player
16.3. Competitive Scenario Analysis, By Key Player
17. Competitive Portfolio
17.1. Key Company Profiles
17.1.1. Airbus SE
17.1.2. ARC Aerosystems Ltd.
17.1.3. Archer Aviation Inc.
17.1.4. BETA Technologies, Inc.
17.1.5. EHang Holdings Limited
17.1.6. Elroy Air, Inc.
17.1.7. Embraer S.A.
17.1.8. Israel Aerospace Industries Ltd.
17.1.9. Jaunt Air Mobility LLC
17.1.10. Joby Aviation, Inc.
17.1.11. LIFT Aircraft Inc.
17.1.12. Lilium GmbH
17.1.13. MGM COMPRO
17.1.14. Moog Inc.
17.1.15. Overair, Inc.
17.1.16. Piasecki Aircraft Corporation
17.1.17. Terrafugia, Inc.
17.1.18. Textron, Inc.
17.1.19. The Boeing Company
17.1.20. Urban Aeronautics Ltd.
17.1.21. Vertical Aerospace Group Ltd.
17.1.22. Volocopter GmbH
17.1.23. Wisk Aero LLC
17.1.24. XTI Aircraft Company
17.2. Key Product Portfolio
18. Appendix
18.1. Discussion Guide
18.2. License & Pricing
List of Figures
FIGURE 1. EVTOL AIRCRAFT MARKET RESEARCH PROCESS
FIGURE 2. EVTOL AIRCRAFT MARKET SIZE, 2022 VS 2030
FIGURE 3. EVTOL AIRCRAFT MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. EVTOL AIRCRAFT MARKET SIZE, BY REGION, 2022 VS 2030 (%)
FIGURE 5. EVTOL AIRCRAFT MARKET SIZE, BY REGION, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 6. EVTOL AIRCRAFT MARKET DYNAMICS
FIGURE 7. EVTOL AIRCRAFT MARKET SIZE, BY LIFT TECHNOLOGY, 2022 VS 2030 (%)
FIGURE 8. EVTOL AIRCRAFT MARKET SIZE, BY LIFT TECHNOLOGY, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 9. EVTOL AIRCRAFT MARKET SIZE, BY PROPULSION TYPE, 2022 VS 2030 (%)
FIGURE 10. EVTOL AIRCRAFT MARKET SIZE, BY PROPULSION TYPE, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 11. EVTOL AIRCRAFT MARKET SIZE, BY SYSTEM, 2022 VS 2030 (%)
FIGURE 12. EVTOL AIRCRAFT MARKET SIZE, BY SYSTEM, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 13. EVTOL AIRCRAFT MARKET SIZE, BY MODE OF OPERATION, 2022 VS 2030 (%)
FIGURE 14. EVTOL AIRCRAFT MARKET SIZE, BY MODE OF OPERATION, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 15. EVTOL AIRCRAFT MARKET SIZE, BY APPLICATION, 2022 VS 2030 (%)
FIGURE 16. EVTOL AIRCRAFT MARKET SIZE, BY APPLICATION, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 17. EVTOL AIRCRAFT MARKET SIZE, BY MTOW, 2022 VS 2030 (%)
FIGURE 18. EVTOL AIRCRAFT MARKET SIZE, BY MTOW, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 19. EVTOL AIRCRAFT MARKET SIZE, BY RANGE, 2022 VS 2030 (%)
FIGURE 20. EVTOL AIRCRAFT MARKET SIZE, BY RANGE, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 21. AMERICAS EVTOL AIRCRAFT MARKET SIZE, BY COUNTRY, 2022 VS 2030 (%)
FIGURE 22. AMERICAS EVTOL AIRCRAFT MARKET SIZE, BY COUNTRY, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 23. UNITED STATES EVTOL AIRCRAFT MARKET SIZE, BY STATE, 2022 VS 2030 (%)
FIGURE 24. UNITED STATES EVTOL AIRCRAFT MARKET SIZE, BY STATE, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 25. ASIA-PACIFIC EVTOL AIRCRAFT MARKET SIZE, BY COUNTRY, 2022 VS 2030 (%)
FIGURE 26. ASIA-PACIFIC EVTOL AIRCRAFT MARKET SIZE, BY COUNTRY, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 27. EUROPE, MIDDLE EAST & AFRICA EVTOL AIRCRAFT MARKET SIZE, BY COUNTRY, 2022 VS 2030 (%)
FIGURE 28. EUROPE, MIDDLE EAST & AFRICA EVTOL AIRCRAFT MARKET SIZE, BY COUNTRY, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 29. EVTOL AIRCRAFT MARKET, FPNV POSITIONING MATRIX, 2022
FIGURE 30. EVTOL AIRCRAFT MARKET SHARE, BY KEY PLAYER, 2022

Companies Mentioned

  • Airbus SE
  • ARC Aerosystems Ltd.
  • Archer Aviation Inc.
  • BETA Technologies, Inc.
  • EHang Holdings Limited
  • Elroy Air, Inc.
  • Embraer S.A.
  • Israel Aerospace Industries Ltd.
  • Jaunt Air Mobility LLC
  • Joby Aviation, Inc.
  • LIFT Aircraft Inc.
  • Lilium GmbH
  • MGM COMPRO
  • Moog Inc.
  • Overair, Inc.
  • Piasecki Aircraft Corporation
  • Terrafugia, Inc.
  • Textron, Inc.
  • The Boeing Company
  • Urban Aeronautics Ltd.
  • Vertical Aerospace Group Ltd.
  • Volocopter GmbH
  • Wisk Aero LLC
  • XTI Aircraft Company

Methodology

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Table Information