eVTOL Aircraft Market Growing at the Fastest Rate in APAC and North America Region - PowerPoint PPT Presentation

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eVTOL Aircraft Market Growing at the Fastest Rate in APAC and North America Region

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The electric Vertical Take-off and Landing (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. – PowerPoint PPT presentation

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Title: eVTOL Aircraft Market Growing at the Fastest Rate in APAC and North America Region


1
eVTOL Aircraft Market Growing at the
Fastest Rate in APAC and North America
Region 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. Browse 73 market data
Tables and 31 Figures spread through 123 Pages
and in- depth TOC on "eVTOL Aircraft Market -
Global Forecast to 2030" Download PDF Brochure
_at_ https//www.marketsandmarkets.com/pdfdownloadNew
.asp?id28054110 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. 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.
2
Asia Pacific is estimated to be the largest
market for eVTOL aircraft during the forecast
period 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. Key Market Players 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.marketsandmarkets.com/requestsampleN
ew.asp?id28054110
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