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The Global eVTOL Aircraft Market is anticipated to grow from USD 1.1 billion in 2023 to USD 24.3 billion in 2030 at a CAGR of 52.6 % during the forecast period from 2025 to 2030. 

An electrically powered aircraft which offers efficient and faster services is known as an electric vertical takeoff and landing (eVTOL) aircraft. It is considered as a next-generation travel solution due to the safety and multi-facet benefits that reduce the trip timing and are extremely environment friendly.The technological advancement and investment in the research sector of eVTOL aircraft are the  primary driving factors for the growth of the market. Technologically advanced eVTOL aircraft that shall fuel the growth of the global market for eVTOL companies such as AirBus, SpaceX and NASA during the forecast period. Many organisations are focusing on developing eVTOL aircraft which produce less carbon emission and support green energy. However, the major restraining factor is the slow public acceptance of eVTOL aircraft services in the growth of the eVTOL aircraft market . Also safety is the other concern associated with eVTOL aircraft services that will likely hinder the market's growth. Strict regulations for the approvals of eVTOL aircraft shall hamper the growth of eVTOL market.

Browse 69 market data Tables and 45 Figures spread through 210 Pages and in-depth TOC on eVTOL Aircraft Market By Lift Technology (Lift Plus Cruise, Multirotor and Vectored Thrust), By Mode of Operation (Autonomous, Semi-Autonomous and Piloted), By Propulsion Type (Hybrid-Electric, Hydrogen-Electric and Battery-Electric), By Range (0-200 Km and 200-500 Km), By Application (Military, Emergency Medical Services (EMS) and Commercial) and By Geography (North America, Europe, Asia-Pacific, Latin America and Middle East & Africa) - Global Forecast to 2030.

Global eVTOL Aircraft Market Segmentation and Key Players

By lift type, vectored thrust dominate the global eVTOL aircraft market.

On the basis of lift technology type, the eVTOL Aircraft Market is divided into Lift Plus Cruise, Multirotor, Vectored Thrust. Among these, the vectored thrust category has the largest share in the revenue as this technology provides better endurance to the aircraft to enhance efficiency during the performance.

“North America is anticipated to register the fastest CAGR during the forecast period, i.e., 2025-2030 in the global eVTOL aircraft market”

 North America dominates the market geographically due to its rapid adoption of eVTOL aircraft for urban air mobility. The market will likely maintain growth during the forecast period, with the bigger spending on research and development (R&D) activities in the aviation field. 

Some of the key players in this market are Airbus SE, Kitty Hawk, Joby Aviation, Beta Technologies, Bell Textron, Inc., EHang Holdings Ltd., Elbit Systems) Ltd., Embraer SA, 

Recent developments by Key Players

Global eVTOL aircraft market coverage (By Value)

• Lift Type Insight and Forecast 2025-2030
  • Lift Plus Cruise
  • Multi-rotor
  • Vectored Thrust
• Mode of Operation Insight and Forecast 2025-2030
  • Semi-Autonomous 
  • Autonomous
  • Piloted
• Propulsion Type Insight and Forecast 2025-2030
  • Hybrid-Electric 
  • Hydrogen-Electric
  • Battery-Electric
• Range Insight and Forecast 2025-2030
  • 0-200 Km
  • 200-500 Km
• Application Insight and Forecast 2025-2030
  • Military
  • Emergency Medical Services (Ems)
  • Commercial

Geographical Segmentation

Global eVTOL Aircraft Market by Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia-Pacific (APAC)
  • China
  • Japan
  • South Korea
  • India
  • Australia
  • Rest of APAC
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America
• Middle East and Africa
  • Turkey
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of MEA