The global electric Vertical Take-off and Landing (eVTOL) Aircraft Market is estimated to grow from USD XX Billion in 2019 to reach USD XX Billion by 2027, at a CAGR of XX% during the forecast period from 2020-2027.
Growing need for quick transportation facilities due to increasing road traffic congestion in urban areas as a result of increasing population are major factors boosting the growth of electric vertical take-off and landing (eVTOL) Aircraft market along with increasing number of startups developing autonomous eVTOL aircraft prototypes in emerging countries.
electric Vertical Take-off and Landing (eVTOL) Aircraft Market by Lift Mechanism (Vectored thrust, Lift Plus Cruise, Multirotor and Others); Mode of Operation (Piloted, and Optionally Piloted); by Maximum Takeoff Weight (MTOW) (<250 Kilograms, 250–500 Kilograms, 500–1,500 Kilograms and >1,500 Kilograms); Application (Commercial, Military and Cargo), Propulsion Type (Electric/Battery, Electric/Hybrid and Public Sector and Electric/Hydrogen) and by Region: Global Industry Trends, Dynamics, Competitive Insights and Forecast Analysis, 2020 – 2027
Drivers responsible for growth in the market include:
Factors restraining market growth:
Market Opportunities include:
The report provides key player analysis along with company revenue shares in order to give a broader overview of the market players in the eVTOL Aircraft market. Major players in market are A³ By Airbus, Lilium, Aurora Flight Sciences, Ehang, Embraer, Workhorse, Volocopter, Pipistrel, Opener, Joby Aviation, Kitty Hawk, Neva Aerospace, Bell Helicopter, and Karem Aircraft among others.
The market report covers a basic overview of the market from the industry perspective. This will help the reader to get a gist about different industry dimensions from a manufacturer’s view. The report divides the market into different sections and is comprised of market revenue (value) by segments.
The report provides market data from 2016 till 2027, wherein, 2016 to 2018 will be historic years, 2019 would be the base year and 2020 to 2027 will be forecast years. The report provides different statistics and figures and charts that will help analyze trends and global eVTOL Aircraft market share along with its growth rate in different regions and countries.
Key players across the globe are profiled in the report along with its company landscaping. Product portfolio for each company, recent developments and company strategies are covered along with the company financials.
Various drivers, restraints and opportunities in the eVTOL Aircraft market are analyzed in detail in the report. Key drivers that make the overall market grow are discussed thoroughly, along with its impact on the sales of different product types. Report also features restraining factors that are likely to restrain the market growth. As well, different opportunities which will propel the market in future and bring new growth avenues for major market players are discussed in detail. This will help in understanding the overall dynamics prevailing in the historic as well as in coming years.
Apart from this, the report covers various collaborations, mergers and acquisitions, regional expansions, new product launches and product pipelines for the key players involved in the market.
The report describes in detail market segmentation by dividing the market based on its Lift Mechanism, Mode of Operation, Maximum Takeoff Weight (MTOW), Application, Propulsion Type and region and is analyzed from 2016 to 2027 by value and volume. All the segments are evaluated by taking into consideration the historic and future trends. All the segments with the dominating & fastest growing sub-segments and the factors responsible for the same are studied and are mentioned in the report.
Evident quantitative as well as qualitative insights about the segments are covered in the report along with forecast analysis of all the segments that expected to alter the market in the future are described in detail. The segmental analysis also highlights details about different aspects that will influence the market.
Based on the Lift Mechanism, the global market is segmented into Vectored thrust, Lift Plus Cruise, Multirotor and Others. Based on the Mode of Operation, the global market is segmented into Piloted and Optionally Piloted. Based on the Maximum Takeoff Weight (MTOW), the global market is segmented into <250 Kilograms, 250–500 Kilograms, 500–1,500 Kilograms and >1,500 Kilograms. Based on the Application, the global market is segmented into Commercial, Military and Cargo. Based on the Propulsion Type, the global market is segmented into Electric/Battery, Electric/Hybrid and Electric/Hydrogen. Trend analysis for all the segments is provided in detail in the report.
Market is divided regionally and by country level into North America (U.S. Canada & Rest of North America), Europe (U.K., Germany, France, Italy, Spain, Russia & Rest of Europe), Asia Pacific (China, Japan, India, Australia, Southeast Asia & Rest of Asia Pacific), Latin America (Brazil, Mexico & Rest of Latin America) and Middle East and Africa (Saudi Arabia, South Africa, UAE & Rest of Middle East and Africa).
The report gives the pursuer the complete idea and understanding of the market and the regional and country level value and volume scenario and essentials for the industry. Current market insights on the regional level are studied and centered while market estimation, thus giving the reader a specialized idea & plans, financial as well as recent market advancements globally.
By Lift Mechanism
By Mode of Operation
By Maximum Takeoff Weight (MTOW)
By Propulsion Type
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