EVTOL Aircraft Market Insights Report by 2026 - Trends & Future Growth Factors

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eVTOL Aircraft Market Global Industry Forecast
Analysis over 2020 - 2026
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• eVTOL Aircraft Market Scenario

• The segment of more than 250kg towing capacity in
  the eVTOL aircraft market will showcase maximum
  growth potential within the forecast timeframe of
  2020-26, whereas vehicles with a towing capacity
  of less than 20kg captured a maximum market share
  as of 2020. Limited regulatory framework, low
  acceptance of public due to new technology, and
  limited technological exposure are limiting the
  commercialization of eVTOL with more than 250kg.
  These pitfalls will be eliminated with time,
  allowing the market to demonstrate significant
  growth potential.
• eVTOL vehicles with high Maximum Takeoff Weight
  (MTOW) have a huge potential to capture this
  market but are currently facing regulatory
  constraints. These constrains will be eliminated
  within the coming years, positively impacting
  eVTOL aircraft market growth.
• Technological advancements and significant RD
  investments done by major industry players, such
  as NASA, Uber, Boeing, and Airbus, will propel
  the market along with improving market
  competitiveness. Many major industry participants
  have eVTOL programs under which they are
  continuously testing commercial feasibility of
  these vehicles.

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Continue-

• The segment of more than 250kg towing capacity in
  the eVTOL aircraft market will showcase maximum
  growth potential within the forecast timeframe of
  2020-26, whereas vehicles with a towing capacity
  of less than 20kg captured a maximum market share
  as of 2020. Limited regulatory framework, low
  acceptance of public due to new technology, and
  limited technological exposure are limiting the
  commercialization of eVTOL with more than 250kg.
  These pitfalls will be eliminated with time,
  allowing the market to demonstrate significant
  growth potential.
• The proliferating scope of application in the
  segment of more than 250kg eVTOL vehicles is the
  major market accelerator. Major industry players
  are significantly investing in development of
  eVTOL vehicles for commercial applications
  including air taxis.

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• Regional Analysis

• North America will dominate the eVTOL aircraft
  market over coming years due to the acceptance of
  new technologies at a much faster pace. The
  country has developed economy with highly
  advanced technological capabilities and
  infrastructure facilities capable of supporting
  the market.

• Competitive Analysis

• Major industry players in the market are Airbus,
  Aurora Flight Sciences, Bell Helicopter, Boing,
  Ehang, Embraer, Joby Aviation, Karem Aircraft,
  Kitty Hawk, L3Harris, Lift Aircraft, Lilium,
  Lockheed Martin, Neva Aerospace, Opener,
  Pipistrel, Raytheon, Uber Technologies Inc.,
  Volocopter, and Workhorse.

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