Global EVTOL Aircraft Market Expected to Reach $24.9 Billion by 2030 | Business Intelligence Insights (BII)

Publisher Name : Business Intelligence Insights (BII) Publish Date : 2022-07-20  

     

As per Business Intelligence Insights (BII) study, the Global EVTOL Aircraft Market attained revenue growth of USD 8.20 billion in 2021 and it is projected to reach around USD 24.9 billion by 2030, growing at a 14.90% CAGR.

The growth of the global eVTOL aircraft market is mainly attributed to the increasing demand for environmentally friendly aviation technology and growing transportation congestion. eVTOL represents an excellent alternative to traditional aviation. eVTOL aircraft combines safety, sustainability, low noise and a low-maintenance infrastructure while providing the same advantages as normal aircraft. Now days, the eVTOL aircraft can be more cost effective as compared to a helicopter.

With a rising population in urban areas and high investment on advanced mobility by government is another driving factor for EVTOL Aircraft market growth. New advances in electric propulsion and autonomous flight technology will enable this fast growing market to become a reality. From the last few years in aviation history, the industry is more aware of the impact of aviation on the environment. With an expected increase in air transport traffic of 5% yearly, the government is increasingly taking efforts to reduce emissions.

To discover more about Business Intelligence Insights (BII) additional important drivers, trends, and challenges. Please fill out the form below to request a sample report.

Global EVTOL Aircraft Market: Companies Mentioned

• The Boeing Company (Aurora Flight Sciences)
• Airbus SE
• Embraer S.A.
• Volocopter GmbH
• EHang Holdings Ltd
• Pipistrel d.o.o Ajdovš?ina
• Moog, Inc.
• Bell Textron Inc.
• Karem Aircraft, Inc.
• Neva Aerospace
• Kitty Hawk Corporation
• Opener Inc.
• Lift Aircraft
• Joby Aviation
• Lilium GmbH
• SkyDrive Inc.
• Others

Key Highlights of the Report

•    Hydrogen electric category dominated the market with more than 30% of the market share. Hydrogen Electric segment is likely to grow at the highest CAGR rate for the eVTOL aircraft market. A hydrogen eVTOL (H2eVTOL) derives its electrical power from hydrogen PEMFC (Polymer Electrolyte Membrane fuel cell). Electric power systems provide an extended range for eVTOL aircraft and enable logistics to support the operations without requiring separate charging stations.

•    Software category dominated the market with more than 21.75 % of the market share. In terms of system segment, the software segment is projected to witness the highest CAGR during the forecast period. Technological companies are continuously invested in and deploy new aviation software & technologies that enhance operational efficiency, improve aircraft reliability, and increase safety. Aviation software automates the process of daily repairs and maintenance of aircraft equipment. It is capable of producing invoices, managing inventory and work process. This software is used by multiple companies.

•    North America dominated the market with more than 38 % of the market share. North America is contributed the largest share in EVTOL Aircraft market primarily due to presence of leading aviation companies and increasing military applications to provide significant enhancement in mission success rate. U.S. aviation industry is committed to growing greener technology such as eVTOL aircraft and meeting sustainability goals to protect the Earth and build a brighter future for next generations. The expansion of the eVTOL ecosystem industry can build a new North American easily generate additional tax revenue. 

•    The report contains qualitative and quantitative research on the global EVTOL Aircraft Market, as well as detailed insights and development strategies employed by the leading competitors. The report also provides in-depth analysis of the market's main competitors, as well as information on their competitiveness. The research also identifies and analyses important business strategies used by these main market players, such as mergers and acquisitions (M&A), affiliations, collaborations, and contracts. The study examines, among other things, each company's global presence, competitors, service offers, and standards.

Speak to our Analyst now!! to make the most of every opportunity by utilizing a competitive analysis built specifically for you.

Revenue-generating Segment Highlights

By Lift Technology
•  Vectored Thrust
•  Multirotor
•  Lift plus Cruise

By Propulsion Type
•  Fully Electric
•  Hybrid Electric
•  Hydrogen Electric Sports nutrition

By System
•  Batteries & Cells
•  Electric Motor/Engine
•  Aerostructures
•  Avionics
•  Software 
•  Others

By Mode of Application
•  Air Taxis
•  Air Shuttles & Air Metro
•  Private Transport
•  Cargo Transport
•  Air Ambulance & Medical Emergency
•  Last Mile Delivery
•  Inspection & Monitoring
•  Surveying & Mapping
•  Surveillance
•  Special Mission 
•  Others 

By Mode of Operation 
•  Autonomous 
•  Piloted 

By MTOW 
•  100 kg
•  100–1000 kg
•  1,000–2,000 kg
•  >2,000 kg

 By Range
•   <= 200 km
•   > 200 km)

By Region
•  North America
o  U.S.
o  Canada
•  Europe 
o  Germany
o  U.K.
o  France
o  Italy
o  Spain
o  Rest of Europe
•  Asia Pacific 
o  China
o  India
o  Japan
o  Rest of Asia Pacific
•  Latin America 
o  Brazil
o  Mexico
o  Rest of Latin America
•  Middle East and Africa 
o  UAE
o  South Africa
o  Rest of Middle East and Africa (MEA)

 

Ready to generate outstanding revenue opportunities with Business Intelligence Insights (BII)’ exclusive EVTOL Aircraft market study. Highlights of the overall market will be included in the research, as well as frequently asked questions such as –

•  What are the historical and projected revenue figures, as well as the CAGR, for the forecast period?
•  What is the current trend taking place in the market space?
•  What are the business techniques that will influence competitive scenarios as well as the market's growth potential?
•  What market drivers, restraints, and challenges are influencing market demand and growth?
•  In the approaching years, which regions and segments will generate significant revenue and emerge as industry leaders?

 

The EVTOL Aircraft Market report's competitive scenario examines, assesses, and positions firms based on a variety of performance characteristics. The financial performance of organizations over the last few years, growth plans, product innovations, new product launches, investments, market share growth, and so on are some of the elements analysed in this research. Don't wait any longer; take a comprehensive approach and achieve your business objectives with our EVTOL Aircraf Market Forecast Report 2022- 2030 - Order Now!

About Us

Business Intelligence Insights is the global provider of market intelligence, consultancy services, and syndicated & customized reports. We are focused on assisting business leaders and suppliers in making decisions by providing timely and insightful market research and consulting services. We offer global, and regional expertise in technology, industry, opportunities, trends, industry analysis, market data, and strategic guidance. Our analysis and insight help business professionals, executives, and investors make fact-based technology decisions and achieve their key business objectives. Our reports are featured distinct research approaches, rigorous methodologies, and comprehensive sector coverage.

Contact Us:

Business Intelligence Insights (BII)
Sr. no. 53/2A/1, Office No. 15A, Fourth Floor A Building,
City Vista, Kharadi, Pune, Maharashtra 411014

Tel: +91-9356566332
Emailsales@businessintelligence-insights.com
Websitehttps://www.businessintelligence-insights.com/

 

 

 

 

 

  • Hydrogen electric category dominated the market with more than 30% of the market share.

Hydrogen Electric segment is likely to grow at the highest CAGR rate for the eVTOL aircraft market. A hydrogen eVTOL (H2eVTOL) derives its electrical power from hydrogen PEMFC (Polymer Electrolyte Membrane fuel cell). Electric power systems provide an extended range for eVTOL aircraft and enable logistics to support the operations without requiring separate charging stations.

  • Software category dominated the market with more than 21.75 % of the market share.

In terms of system segment, the software segment is projected to witness the highest CAGR during the forecast period. Technological companies are continuously invested in and deploy new aviation software & technologies that enhance operational efficiency, improve aircraft reliability, and increase safety. Aviation software automates the process of daily repairs and maintenance of aircraft equipment. It is capable of producing invoices, managing inventory and work process. This software is used by multiple companies.

  • North America dominated the market with more than 38 % of the market share.

North America is contributed the largest share in EVTOL Aircraft market primarily due to presence of leading aviation companies and increasing military applications to provide significant enhancement in mission success rate. U.S. aviation industry is committed to growing greener technology such as eVTOL aircraft and meeting sustainability goals to protect the Earth and build a brighter future for next generations. The expansion of the eVTOL ecosystem industry can build a new North American leading industry with long term growth potential as well as                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  easily generate additional tax revenue.



Recent Press Releases

Veterinary Software Market Expected to Reach $906.1 Million by 2030 | Business Intelligence Insights (BII)

Plastic Recycling Market Expected to Reach USD 5688.47 billion by 2030 | Business Intelligence Insights (BII)

Wealth Management Software Market Expected to Reach $ USD 9.7 billion by 2030| Business Intelligence Insights (BII)

Global EVTOL Aircraft Market Expected to Reach $24.9 Billion by 2030 | Business Intelligence Insights (BII)

Rigid Plastic Packaging Market Expected to Reach $278.4 billion by 2030| Business Intelligence Insights (BII)

Patient Monitoring Devices Market Expected to Reach USD 70.73 billion by 2030 | Business Intelligence Insights (BII)

Liquid Biopsy Market Expected to Reach $ 6365.03 Million by 2028 | Business Intelligence Insights (BII)

Global Anti-aging Market Expected to Reach $86.2 Billion by 2030 | Business Intelligence Insights (BII)

Digital Twin Market Expected to Reach $110,941.6 Million by 2030 | Business Intelligence Insights (BII)

Warehouse Automation Market Expected to Reach $44.29 billion by 2030| Business Intelligence Insights (BII)

Global Building Information Modeling Market Market Expected to Reach $10.01 Billion by 2028 | Business Intelligence Insights (BII)

Applicant Tracking System Market Expected to Reach USD 3616.00 million by 2030 | Business Intelligence Insights (BII)

Core Banking Software Market Expected to Reach $28.05 billion by 2030| Business Intelligence Insights (BII)

Personalized Medicine Market Expected to Reach USD 4.87 trillion by 2030 | Business Intelligence Insights (BII)

Optical Fiber Market Expected to Reach $10,341.2 million by 2030| Business Intelligence Insights (BII)

Global Endoscopy devices Market t Expected to Reach $ 73.1 Billion by 2030 | Business Intelligence Insights (BII)

Smart Pole Market Expected to Reach USD 31903.45 million by 2030 | Business Intelligence Insights (BII)

Lorem Ipsum is simply dummy text of the printing and typesetting industry.

IOT Sensors Market Expected to Reach USD 58794.12 million by 2030 | Business Intelligence Insights (BII)

Global Contract Research Organization Services (CROs) Market Expected to Reach $155.9 Billion by 2030 | Business Intelligence Insights (BII)

Natural Language Processing Market Expected to Reach $ 149.03 Billion by 2030 | Business Intelligence Insights (BII)

Electric vehicle charging infrastructure Market Expected to Reach USD 89.90 billion by 2028 | Business Intelligence Insights (BII)

Global Solid State Battery Market Expected to Reach $260.52 Million by 2028 | Business Intelligence Insights (BII)

Smart Gas Meter Market Expected to Reach $2800.68 million by 2030| Business Intelligence Insights (BII)

Simulation Software Market Expected to Reach $ 34.61 Billion by 2030 | Business Intelligence Insights (BII)

Printed Electronics Market Expected to Reach $35,951.3 Million by 2030 | Business Intelligence Insights (BII)

Value-Based Care Market Expected to Reach USD 9146.21 million by 2030 | Business Intelligence Insights (BII)

Ready-To-Drink Cocktails Market Expected to Reach $2009.33 Million by 2030| Business Intelligence Insights (BII)

Global Active Pharmaceutical Ingredient (API) Market Expected to Reach $305.6 Billion by 2030 | Business Intelligence Insights (BII)

Point of Care [POC] Diagnostics Market Expected to Reach $67.15 billion by 2030| Business Intelligence Insights (BII)

Global OKR Software Market Expected to Reach $4,374.81 Million by 2028 | Business Intelligence Insights (BII)

Global Ceramic Armor Market Expected to Reach $ 243.90 Billion by 2028 | Business Intelligence Insights (BII)

Electronic Clinical Outcome Assessment (eCOA) Solutions Market Expected to Reach $ 3,349.5 Millionn by 2030 | Business Intelligence Insights (BII)

Portable Ultrasound Device Market Expected to Reach $ ,737.8 Million by 2030 | Business Intelligence Insights (BII)

Facial Recognition Market Expected to Reach $13576.04 million by 2030| Business Intelligence Insights (BII)

Hybrid Cloud Market Expected to Reach $227.51 billion by 2030| Business Intelligence Insights (BII)

Patient Registry Software Market Expected to Reach $ 4,010.7 Million by 2030 | Business Intelligence Insights (BII)

Video Conferencing Market Expected to Reach USD 36.27 billion by 2030 | Business Intelligence Insights (BII)

Global Fluorescence In Situ Hybridization (FISH) Imaging Systems Market Expected to Reach $ 1094.71 Billion by 2028| Business Intelligence Insights (BII)

Global Edge computing Market Expected to Reach $123.89 billion by 2030| Business Intelligence Insights (BII)

Global Silicon Photonics Market Expected to Reach $ 3927.02 Million by 2028 | Business Intelligence Insights (BII)

Global Gene Therapy Market Expected to Reach $ 15594.00 Million by 2028 | Business Intelligence Insights (BII)

Injection Molding Machine Market Expected to Reach $12.93 billion by 2030| Business Intelligence Insights (BII)

5G Security Market Expected to Reach $9,705.4 million by 2030| Business Intelligence Insights (BII)

Smart Lighting Market Expected to Reach $44,515.40 million by 2030| Business Intelligence Insights (BII)

Global MICE Market Expected to Reach $2465.6 billion by 2030| Business Intelligence Insights (BII)

Vascular Closure Devices Market Expected to Reach $1464.81 million by 2028| Business Intelligence Insights (BII)

Fuel Cell Market Expected to Reach $ 7,463.9 Million by 2030 | Business Intelligence Insights (BII)

Lithium-ion battery recycling Market Expected to Reach $ 17.6 Billion by 2030 | Business Intelligence Insights (BII)

Last-Mile Delivery Market Expected to Reach $368.9 billion by 2030| Business Intelligence Insights (BII)

Global Content Delivery Network (CDN) Market Expected to Reach $ 37.30 Billion by 2028 | Business Intelligence Insights (BII)

Smart Pills Technology Market Expected to Reach $6,321.6 million by 2030| Business Intelligence Insights (BII)

Foot and Ankle devices Market Expected to Reach USD 6.689 billion by 2028 | Business Intelligence Insights (BII)

3D Cell Culture Market Expected to Reach $ 3,070.1 Million by 2028 | Business Intelligence Insights (BII)

Global ADAS Market Expected to Reach $ 28.80 Million by 2030 | Business Intelligence Insights (BII)

Smart Grid Market Expected to Reach $ 168.6 Billion by 2030 | Business Intelligence Insights (BII)

Clean Beauty Market Expected to Reach USD 13496.47million by 2028 | Business Intelligence Insights (BII)

Global In-Car Infotainment Market Expected to Reach $ 33162.56 Million by 2030 | Business Intelligence Insights (BII)

Digital PCR Market Expected to Reach USD 1063.75 million by 2030 | Business Intelligence Insights (BII)

Plant-Based Meat Market Expected to Reach $12,712.4 million by 2030| Business Intelligence Insights (BII)

Oil Country Tubular Goods (OCTG) Market Expected to Reach $ 32.6 Billion by 2030 | Business Intelligence Insights (BII)

Disposable Gloves Market Expected to Reach USD 16.40 billion by 2028 | Business Intelligence Insights (BII)

Global Automotive Cybersecurity Market Expected to Reach $7681.28 Million by 2030 | Business Intelligence Insights (BII)

Global Endpoint Security Market Expected to Reach $ 21.2 Billion by 2030 | Business Intelligence Insights (BII)

Digital Identity Solutions Market Expected to Reach $55.99 billion by 2030| Business Intelligence Insights (BII)

Commercial Drone Market Expected to Reach $ 6,651.3 Million by 2028 | Business Intelligence Insights (BII)

Copyright © Business Intelligence Insights.