eVTOL Aircraft Market value $411 million by 2030 at a CAGR of 20.42 %

1
According to the new market research report on
the "eVTOL Aircraft Market by Lift Technology
(Vectored Thrust, Multirotor, Lift Plus Cruise),
MTOW (lt250 KG, 250 - 500 KG, 500 - 1500 KG,
gt1500 KG), Application, Mode of Operation, Type
of Propulsion, Range, and Region - Global
Forecast to 2030", The eVTOL aircraft market
is projected to grow from USD 162 million in
2025 to USD 411 million by 2030, at a CAGR of
20.42 from 2025 to 2030. The growing demand for
an alternative mode of transportation in
urban cities due to increasing road traffic
congestion globally is a major factor driving
market growth. Download PDF Brochure
_at_ https//www.marketsandmarkets.com/pdfdownloadNew
.asp?id28054110 By lift technology, the
vectored thrust segment is expected to lead the
market during the forecast period Based on lift
technology, the eVTOL aircraft market has been
segmented into vectored thrust, multirotor, and
lift plus cruise. The vectored thrust segment is
projected to grow at the highest CAGR from 2025
to 2030. This projected growth can be attributed
to the higher efficiency and endurance achieved
by eVTOL aircraft due to the vectored thrust
technology. With significant investments pouring
into the development of drone infrastructure,
the possibility of using drones for passenger
and cargo transport is on the rise. The
capability of the vectored thrust technology to
support eVTOL aircraft operations for longer
distances as compared to other lift technologies
is expected to grow this segment at a higher
rate. By mode of operation, the optionally
piloted segment is expected to grow at a higher
CAGR during the forecast period Based on mode of
operation, the eVTOL aircraft market has been
segmented into piloted and optionally piloted.
The optionally piloted segment is projected to
grow at a higher CAGR than the piloted segment
during the forecast period. The growing demand
for autonomous eVTOLs for commercial application
is expected to drive this segment. Autonomous
aerial vehicles can be used in several areas of
operations. These vehicles are programmable
autonomous robots that can carry out tasks at
high altitudes with increased power
capacity. Asia Pacific is estimated to be the
largest market for eVTOL aircraft during the
forecast period
2
Based on region, Asia Pacific is estimated to
account for the largest share of the eVTOL
aircraft market in 2025. The Asia Pacific market
is also projected to witness the highest growth
rate during the forecast period. The market
growth in this region can be attributed to
increased investments by leading eVTOL and drone
manufacturers to develop infrastructure for urban
air mobility for commercial applications.
Investments are mainly driven by new product
developments in Asia Pacific countries. Europe
is one of the growing markets for eVTOL aircraft
as countries in this region, such as Germany,
France, Estonia, and Bulgaria are actively
focused on developing the eVTOL aircraft
ecosystem to facilitate cost-effective
transportation. Another reason attributed to the
growth of this regional market is the increasing
number of manufacturing bases for commercial
eVTOLs in Europe. Some of the major players
operating in the eVTOL aircraft market include
Kitty Hawk (US), Lilium (Germany), EHang
(China), Volocopter (Germany), andA3by Airbus
(US). Ask for Sample Report _at_ https//www.marketsa
ndmarkets.com/requestsampleNew.asp?id28054110 A
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