The “eVTOL Aircraft Market” intelligence report, just published by USD Analytics Market, covers a micro-level study of important market niches, product offers, and sales channels. to determine market size, potential, growth trends, and competitive environment, the eVTOL Aircraft Market provides dynamic views. Both primary and secondary sources of data were used to generate the research, which has both qualitative and quantitative depth. Several of the major figures the study featured Kitty Hawk (United States), Lilium (Germany), EHang (China), Volocopter (Germany), Bell Helicopter (United States), A3 by Airbus (United States), Aurora Flight Sciences (United States), Embraer (Brazil), Workhorse (United States), Pipistrel (Slovenia), Neva Aerospace (United Kingdom), Opener (Canada), Fraport (Germany)
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The global eVTOL Aircraft Market Size is estimated to be US$ 1.4 Billion in 2023 and is poised to register 5.8% growth over the forecast period from 2023 to 2030 to reach US $ 2.1 billion in 2030.
An Overview of the eVTOL Aircraft Market
An electric vertical take-off and landing (VTOL) aircraft is one that can hover, take off, and land vertically and it includes eight lift rotors for vertical takeoff and cruise propeller and wing to transition to high-speed forward cruise. The eVTOL is basically used for short-haul transport of passengers or cargo and current formation of eVTOL allows two passengers including the pilot plus luggage. These aircraft provides on-demand transportation to minimize long commutes due to heavy traffic and urbanization in populated areas. It consist of electric operation which decreases or eliminates emissions and noise pollution for a quieter flight.
eVTOL Aircraft Market Size, Share, Trends, Growth Outlook, and Opportunities to 2030- by Type (Fully Electric, Hybrid, Electric Hydrogen), Application (Military, Commercial, Cargo), Technology (Vectored Thrust, Multirotor, Lift Plus Cruise, Electric Rotorcraft, Hoverbikes), Mode of Operation (Pilot, Optionally Piloted) and significant players are the market segments.
In order to provide a thorough analysis of the industry, the report compiled data from over 22 jurisdictions or nations across Europe, North America, South America, Asia Pacific, and MEA.
Geographically, the global version of the report has the following country inclusion:
• North America [United States, Canada, and Mexico]
• Europe [Germany, the UK, France, Italy, Netherlands, Belgium, Denmark, Spain, Sweden, and the Rest of Europe]
• Asia-Pacific [China, Japan, South Korea, India, Australia, Indonesia, and Others]
• South America [Brazil, Argentina, Colombia, and the Rest of South America]
• the Middle East and Africa (South Africa, Turkey, Israel, GCC Countries, and the Rest of Africa)
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The primary goal of this study is to determine which market niches or nations that companies and investors should concentrate on in the future in order to allocate their resources and efforts toward eVTOL Aircraft that will optimize growth and profitability. The year 2024 will see notably slower growth, and given the dynamic macroeconomic and regulatory environment, major markets in North America and Western Europe will need “heavy lifting” to handle these tendencies.
In the eVTOL Aircraft industry, distribution channels are always crucial because of the “push” nature of many offerings in the sector. In an effort to strengthen their relationship with customers, companies have been refining their distribution model. As the Internet becomes more widely used and consumers start to value expediency, digital purchases are growing in popularity in eVTOL Aircraft.
Furthermore, the years considered for the study are as follows:
Historical year – 2018-2023
Base year – 2023
Forecast period** – 2024 to 2032 [** unless otherwise stated]
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Major Highlights of TOC:
Chapter 1: Overview of the eVTOL Aircraft Market Industry
1.1.1 Overview;
1.1 eVTOL Aircraft Industry
1.1.2 Key Companies’ Products
1.2 Market Segment by eVTOL Aircraft
1.2.1 Industry Chain
1.2.2 Customer Behavior & Distribution Routes
Chapter Two: Demand for eVTOL Aircraft Worldwide
2.1 Overview of the Segment
2.2 eVTOL Aircraft Market Size (2018-2023) by Application/End Users
2.3 Application/End User Forecast for the eVTOL Aircraft Market (2024E-2032)
Chapter 3: Type-wise eVTOL Aircraft Market
3.1 According to Type
3.2 Market Size for eVTOL Aircraft by Type, 2018-2023
3.3 Market Forecast for eVTOL Aircraft by Type (2024E-2030)
Chapter Four: eVTOL Aircraft Market: by Region/Country
4.1 eVTOL Aircraft Market by Regions
4.2 eVTOL Aircraft Market Revenue & Share by Region
4.3 North America
4.4 Europe
4.5 the Asia Pacific
4.6 South America
4.7 the Middle East & Africa
Player Analysis in Chapter Five
5.1 Players’ Market Share Analysis (2023)
5.2 Regional Market Concentration Rates
5.3 Overviews of Companies
……….continued
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