eVTOL Aircraft Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Description

The global EVTOL (Electric Vertical Take-Off and Landing) aircraft market is set to undergo a transformative shift, fueled by advancements in urban air mobility and a growing emphasis on electrification. Valued at $344.07 million in 2024, the market is projected to surge to $1,919.42 million by 2031, reflecting a robust compound annual growth rate (CAGR) of 27.50%. As the demand for sustainable, efficient, and environmentally friendly transportation options intensifies, EVTOLs are emerging as a key component of the future Analysis of urban mobility. The market is anticipated to experience robust growth, fueled by strategic alliances, technological breakthroughs, and a collective drive to alleviate urban congestion and reduce emissions.

Market Dynamics

The EVTOL aircraft market is set to experience significant growth as the world increasingly shifts towards eco-friendly alternatives to conventional transportation. Powered by electricity and characterized by zero emissions, EVTOLs present an attractive solution amidst growing environmental concerns and stringent regulatory demands. Unlike traditional vehicles that depend on fossil fuels, EVTOLs offer a cleaner, greener transportation option, making them highly appealing for urban areas worldwide.

The growth of the EVTOL market is closely linked to broader trends in urban air mobility. As cities become more crowded and the need for efficient transportation increases, EVTOLs offer a promising solution for short-distance travel within urban environments. These aircraft, designed for vertical take-offs and landings, can transport multiple passengers across short distances, providing a fast and convenient alternative to ground-based transportation.

Key Trends and Opportunities

Urban air mobility is no longer a distant concept; it is quickly becoming a reality, with EVTOLs leading the charge in this transformation. The market is witnessing a shift towards autonomous aerial services, where EVTOLs are being designed to operate independently, enabling rapid urban commutes. This shift is driven by the need to reduce traffic congestion and enhance regional connectivity, particularly in densely populated urban areas.

Technological innovation is a major driver of growth in the EVTOL aircraft market. Manufacturers are increasingly integrating advanced technologies such as artificial intelligence (AI), the Internet of Things (IoT), and cutting-edge materials into their designs. These innovations not only improve the safety and performance of EVTOLs but also contribute to their commercial viability. The use of advanced composites, axial flux motors, and lithium metal batteries are just a few examples of how technology is enabling the development of more efficient and reliable EVTOL aircraft.

The rise of urban air mobility is further supported by significant investments from both the public and private sectors. Governments are increasingly recognizing the potential of EVTOLs to revolutionize urban transportation and are investing in the necessary infrastructure to support their deployment. This includes the development of vertiports, charging stations, and maintenance facilities, all of which are essential for the widespread adoption of EVTOLs.

Market Challenges

Despite the optimistic outlook, the EVTOL aircraft market faces several key challenges that could impact its growth. One of the main challenges is the development of infrastructure to support EVTOL operations. Establishing vertiports and maintenance facilities in urban areas is a complex and costly process, requiring meticulous city planning and substantial investment. The high cost of real estate in densely populated areas adds another layer of complexity, presenting a significant obstacle to the market's expansion.

Ensuring the safety and reliability of EVTOL aircraft, particularly in autonomous operations, is another critical challenge. Safety is a top priority for the adoption of EVTOLs, and manufacturers must develop robust systems for crash prevention and mitigation to gain industry acceptance. The development and implementation of these safety measures are ongoing, and their success will be crucial for the market's long-term sustainability.

The regulatory Analysis also poses challenges for the EVTOL market. As a relatively new mode of transportation, EVTOLs face a complex and varied regulatory environment across different regions. Navigating these regulations and securing the necessary approvals for commercial operations will be a significant hurdle for manufacturers and operators.

Regional Insights

The United States is a leading player in the global EVTOL market, driven by a strong emphasis on electrification and sustainable aviation technologies. The country is home to numerous manufacturers who are at the forefront of utilizing distributed electric propulsion-a technology that holds the promise of reducing operating costs, fuel consumption, noise, and emissions. This collective effort towards sustainable aviation is positioning the U.S. as a key market for EVTOL aircraft.

In Europe, countries such as Germany, Russia, and the U.K. are spearheading urban air mobility development. These nations host several luxury car manufacturers who are leveraging their expertise in automation and electrification to develop EVTOLs. Additionally, these countries are investing heavily in EVTOL infrastructure, with collaborations between manufacturers and airports driving the development of vertiports and other essential facilities.

Competitive Analysis

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

Key Segments Covered in EVTOL Aircraft Industry Research

By Lift Technology:

Vectored Thrust
Multirotor & Rotorcraft
Lift Plus Cruise

By Product Type:

Fully Electric
Hybrid

By Operation Type:

Piloted
UAV/Pilotless

By MTOW:

Light (<250 Kg)
Medium (250-1000 Kg)
Heavy (>1000 Kg)

By End Use:

Civil & Commercial
Military & Security

By Region:

North America
Latin America
Europe
East Asia
South Asia & Pacific
Middle East & Africa

1. Executive Summary

1.1. Global eVTOL Aircraft Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2022
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Global eVTOL Aircraft Market Outlook, 2019 - 2031

3.1. Global eVTOL Aircraft Market Outlook, by Lift Technology, Value (US$ Mn), 2019 - 2031
- 3.1.1. Key Highlights
  - 3.1.1.1. Vectored Thrust
  - 3.1.1.2. Multirotor & Rotorcraft
  - 3.1.1.3. Lift Plus Cruise
3.2. Global eVTOL Aircraft Market Outlook, by Product Type, Value (US$ Mn), 2019 - 2031
- 3.2.1. Key Highlights
  - 3.2.1.1. Fully Electric
  - 3.2.1.2. Hybrid
3.3. Global eVTOL Aircraft Market Outlook, by Operation Type, Value (US$ Mn), 2019 - 2031
- 3.3.1. Key Highlights
  - 3.3.1.1. Piloted
  - 3.3.1.2. UAV/Pilotless
3.4. Global eVTOL Aircraft Market Outlook, by MTOW, Value (US$ Mn), 2019 - 2031
- 3.4.1. Key Highlights
  - 3.4.1.1. Light (<250 Kg)
  - 3.4.1.2. Medium (250-1000 Kg)
  - 3.4.1.3. Heavy (>1000 Kg)
3.5. Global eVTOL Aircraft Market Outlook, by End Use, Value (US$ Mn), 2019 - 2031
- 3.5.1. Key Highlights
  - 3.5.1.1. Civil & Commercial
  - 3.5.1.2. Military & Security
3.6. Global eVTOL Aircraft Market Outlook, by Region, Value (US$ Mn), 2019 - 2031
- 3.6.1. Key Highlights
  - 3.6.1.1. North America
  - 3.6.1.2. Europe
  - 3.6.1.3. Asia Pacific
  - 3.6.1.4. Latin America
  - 3.6.1.5. Middle East & Africa

4. North America eVTOL Aircraft Market Outlook, 2019 - 2031

4.1. North America eVTOL Aircraft Market Outlook, by Lift Technology, Value (US$ Mn), 2019 - 2031
- 4.1.1. Key Highlights
  - 4.1.1.1. Vectored Thrust
  - 4.1.1.2. Multirotor & Rotorcraft
  - 4.1.1.3. Lift Plus Cruise
4.2. North America eVTOL Aircraft Market Outlook, by Product Type, Value (US$ Mn), 2019 - 2031
- 4.2.1. Key Highlights
  - 4.2.1.1. Fully Electric
  - 4.2.1.2. Hybrid
4.3. North America eVTOL Aircraft Market Outlook, by Operation Type, Value (US$ Mn), 2019 - 2031
- 4.3.1. Key Highlights
  - 4.3.1.1. Piloted
  - 4.3.1.2. UAV/Pilotless
4.4. North America eVTOL Aircraft Market Outlook, by MTOW, Value (US$ Mn), 2019 - 2031
- 4.4.1. Key Highlights
  - 4.4.1.1. Light (<250 Kg)
  - 4.4.1.2. Medium (250-1000 Kg)
  - 4.4.1.3. Heavy (>1000 Kg)
4.5. North America eVTOL Aircraft Market Outlook, by End Use, Value (US$ Mn), 2019 - 2031
- 4.5.1. Key Highlights
  - 4.5.1.1. Civil & Commercial
  - 4.5.1.2. Military & Security
4.6. North America eVTOL Aircraft Market Outlook, by Country, Value (US$ Mn), 2019 - 2031
- 4.6.1. Key Highlights
  - 4.6.1.1. U.S. eVTOL Aircraft Market by Lift Technology, Value (US$ Mn), 2019 - 2031
  - 4.6.1.2. U.S. eVTOL Aircraft Market by Product Type, Value (US$ Mn), 2019 - 2031
  - 4.6.1.3. U.S. eVTOL Aircraft Market by Operation Type, Value (US$ Mn), 2019 - 2031
  - 4.6.1.4. U.S. eVTOL Aircraft Market by MTOW, Value (US$ Mn), 2019 - 2031
  - 4.6.1.5. U.S. eVTOL Aircraft Market by End Use, Value (US$ Mn), 2019 - 2031
  - 4.6.1.6. Canada eVTOL Aircraft Market by Lift Technology, Value (US$ Mn), 2019 - 2031
  - 4.6.1.7. Canada eVTOL Aircraft Market by Product Type, Value (US$ Mn), 2019 - 2031
  - 4.6.1.8. Canada eVTOL Aircraft Market by Operation Type, Value (US$ Mn), 2019 - 2031
  - 4.6.1.9. Canada eVTOL Aircraft Market by MTOW, Value (US$ Mn), 2019 - 2031
  - 4.6.1.10. Canada eVTOL Aircraft Market by End Use, Value (US$ Mn), 2019 - 2031
- 4.6.2. BPS Analysis/Market Attractiveness Analysis

5. Europe eVTOL Aircraft Market Outlook, 2019 - 2031

5.1. Europe eVTOL Aircraft Market Outlook, by Lift Technology, Value (US$ Mn), 2019 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Vectored Thrust
  - 5.1.1.2. Multirotor & Rotorcraft
  - 5.1.1.3. Lift Plus Cruise
5.2. Europe eVTOL Aircraft Market Outlook, by Product Type, Value (US$ Mn), 2019 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Fully Electric
  - 5.2.1.2. Hybrid
5.3. Europe eVTOL Aircraft Market Outlook, by Operation Type, Value (US$ Mn), 2019 - 2031
- 5.3.1. Key Highlights
  - 5.3.1.1. Piloted
  - 5.3.1.2. UAV/Pilotless
5.4. Europe eVTOL Aircraft Market Outlook, by MTOW, Value (US$ Mn), 2019 - 2031
- 5.4.1. Key Highlights
  - 5.4.1.1. Light (<250 Kg)
  - 5.4.1.2. Medium (250-1000 Kg)
  - 5.4.1.3. Heavy (>1000 Kg)
5.5. Europe eVTOL Aircraft Market Outlook, by End Use, Value (US$ Mn), 2019 - 2031
- 5.5.1. Key Highlights
  - 5.5.1.1. Civil & Commercial
  - 5.5.1.2. Military & Security
- 5.5.2. BPS Analysis/Market Attractiveness Analysis
5.6. Europe eVTOL Aircraft Market Outlook, by Country, Value (US$ Mn), 2019 - 2031
- 5.6.1. Key Highlights
  - 5.6.1.1. Germany eVTOL Aircraft Market by Lift Technology, Value (US$ Mn), 2019 - 2031
  - 5.6.1.2. Germany eVTOL Aircraft Market by Product Type, Value (US$ Mn), 2019 - 2031
  - 5.6.1.3. Germany eVTOL Aircraft Market by Operation Type, Value (US$ Mn), 2019 - 2031
  - 5.6.1.4. Germany eVTOL Aircraft Market by MTOW, Value (US$ Mn), 2019 - 2031
  - 5.6.1.5. Germany eVTOL Aircraft Market by End Use, Value (US$ Mn), 2019 - 2031
  - 5.6.1.6. U.K. eVTOL Aircraft Market by Lift Technology, Value (US$ Mn), 2019 - 2031
  - 5.6.1.7. U.K. eVTOL Aircraft Market by Product Type, Value (US$ Mn), 2019 - 2031
  - 5.6.1.8. U.K. eVTOL Aircraft Market by Operation Type, Value (US$ Mn), 2019 - 2031
  - 5.6.1.9. U.K. eVTOL Aircraft Market by MTOW, Value (US$ Mn), 2019 - 2031
  - 5.6.1.10. U.K. eVTOL Aircraft Market by End Use, Value (US$ Mn), 2019 - 2031
  - 5.6.1.11. France eVTOL Aircraft Market by Lift Technology, Value (US$ Mn), 2019 - 2031
  - 5.6.1.12. France eVTOL Aircraft Market by Product Type, Value (US$ Mn), 2019 - 2031
  - 5.6.1.13. France eVTOL Aircraft Market by Operation Type, Value (US$ Mn), 2019 - 2031
  - 5.6.1.14. France eVTOL Aircraft Market by MTOW, Value (US$ Mn), 2019 - 2031
  - 5.6.1.15. France eVTOL Aircraft Market by End Use, Value (US$ Mn), 2019 - 2031
  - 5.6.1.16. Italy eVTOL Aircraft Market by Lift Technology, Value (US$ Mn), 2019 - 2031
  - 5.6.1.17. Italy eVTOL Aircraft Market by Product Type, Value (US$ Mn), 2019 - 2031
  - 5.6.1.18. Italy eVTOL Aircraft Market by Operation Type, Value (US$ Mn), 2019 - 2031
  - 5.6.1.19. Italy eVTOL Aircraft Market by MTOW, Value (US$ Mn), 2019 - 2031
  - 5.6.1.20. Italy eVTOL Aircraft Market by End Use, Value (US$ Mn), 2019 - 2031
  - 5.6.1.21. Turkey eVTOL Aircraft Market by Lift Technology, Value (US$ Mn), 2019 - 2031
  - 5.6.1.22. Turkey eVTOL Aircraft Market by Product Type, Value (US$ Mn), 2019 - 2031
  - 5.6.1.23. Turkey eVTOL Aircraft Market by Operation Type, Value (US$ Mn), 2019 - 2031
  - 5.6.1.24. Turkey eVTOL Aircraft Market by MTOW, Value (US$ Mn), 2019 - 2031
  - 5.6.1.25. Turkey eVTOL Aircraft Market by End Use, Value (US$ Mn), 2019 - 2031
  - 5.6.1.26. Russia eVTOL Aircraft Market by Lift Technology, Value (US$ Mn), 2019 - 2031
  - 5.6.1.27. Russia eVTOL Aircraft Market by Product Type, Value (US$ Mn), 2019 - 2031
  - 5.6.1.28. Russia eVTOL Aircraft Market by Operation Type, Value (US$ Mn), 2019 - 2031
  - 5.6.1.29. Russia eVTOL Aircraft Market by MTOW, Value (US$ Mn), 2019 - 2031
  - 5.6.1.30. Russia eVTOL Aircraft Market by End Use, Value (US$ Mn), 2019 - 2031
  - 5.6.1.31. Rest of Europe eVTOL Aircraft Market by Lift Technology, Value (US$ Mn), 2019 - 2031
  - 5.6.1.32. Rest of Europe eVTOL Aircraft Market by Product Type, Value (US$ Mn), 2019 - 2031
  - 5.6.1.33. Rest of Europe eVTOL Aircraft Market by Operation Type, Value (US$ Mn), 2019 - 2031
  - 5.6.1.34. Rest of Europe eVTOL Aircraft Market by MTOW, Value (US$ Mn), 2019 - 2031
  - 5.6.1.35. Rest of Europe eVTOL Aircraft Market by End Use, Value (US$ Mn), 2019 - 2031
- 5.6.2. BPS Analysis/Market Attractiveness Analysis

6. Asia Pacific eVTOL Aircraft Market Outlook, 2019 - 2031

6.1. Asia Pacific eVTOL Aircraft Market Outlook, by Lift Technology, Value (US$ Mn), 2019 - 2031
- 6.1.1. Key Highlights
  - 6.1.1.1. Vectored Thrust
  - 6.1.1.2. Multirotor & Rotorcraft
  - 6.1.1.3. Lift Plus Cruise
6.2. Asia Pacific eVTOL Aircraft Market Outlook, by Product Type, Value (US$ Mn), 2019 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Fully Electric
  - 6.2.1.2. Hybrid
6.3. Asia Pacific eVTOL Aircraft Market Outlook, by Operation Type, Value (US$ Mn), 2019 - 2031
- 6.3.1. Key Highlights
  - 6.3.1.1. Piloted
  - 6.3.1.2. UAV/Pilotless
6.4. Asia Pacific eVTOL Aircraft Market Outlook, by MTOW, Value (US$ Mn), 2019 - 2031
- 6.4.1. Key Highlights
  - 6.4.1.1. Light (<250 Kg)
  - 6.4.1.2. Medium (250-1000 Kg)
  - 6.4.1.3. Heavy (>1000 Kg)
6.5. Asia Pacific eVTOL Aircraft Market Outlook, by End Use, Value (US$ Mn), 2019 - 2031
- 6.5.1. Key Highlights
  - 6.5.1.1. Civil & Commercial
  - 6.5.1.2. Military & Security
- 6.5.2. BPS Analysis/Market Attractiveness Analysis
6.6. Asia Pacific eVTOL Aircraft Market Outlook, by Country, Value (US$ Mn), 2019 - 2031
- 6.6.1. Key Highlights
  - 6.6.1.1. China eVTOL Aircraft Market by Lift Technology, Value (US$ Mn), 2019 - 2031
  - 6.6.1.2. China eVTOL Aircraft Market by Product Type, Value (US$ Mn), 2019 - 2031
  - 6.6.1.3. China eVTOL Aircraft Market by Operation Type, Value (US$ Mn), 2019 - 2031
  - 6.6.1.4. China eVTOL Aircraft Market by MTOW, Value (US$ Mn), 2019 - 2031
  - 6.6.1.5. China eVTOL Aircraft Market by End Use, Value (US$ Mn), 2019 - 2031
  - 6.6.1.6. Japan eVTOL Aircraft Market by Lift Technology, Value (US$ Mn), 2019 - 2031
  - 6.6.1.7. Japan eVTOL Aircraft Market by Product Type, Value (US$ Mn), 2019 - 2031
  - 6.6.1.8. Japan eVTOL Aircraft Market by Operation Type, Value (US$ Mn), 2019 - 2031
  - 6.6.1.9. Japan eVTOL Aircraft Market by MTOW, Value (US$ Mn), 2019 - 2031
  - 6.6.1.10. Japan eVTOL Aircraft Market by End Use, Value (US$ Mn), 2019 - 2031
  - 6.6.1.11. South Korea eVTOL Aircraft Market by Lift Technology, Value (US$ Mn), 2019 - 2031
  - 6.6.1.12. South Korea eVTOL Aircraft Market by Product Type, Value (US$ Mn), 2019 - 2031
  - 6.6.1.13. South Korea eVTOL Aircraft Market by Operation Type, Value (US$ Mn), 2019 - 2031
  - 6.6.1.14. South Korea eVTOL Aircraft Market by MTOW, Value (US$ Mn), 2019 - 2031
  - 6.6.1.15. South Korea eVTOL Aircraft Market by End Use, Value (US$ Mn), 2019 - 2031
  - 6.6.1.16. India eVTOL Aircraft Market by Lift Technology, Value (US$ Mn), 2019 - 2031
  - 6.6.1.17. India eVTOL Aircraft Market by Product Type, Value (US$ Mn), 2019 - 2031
  - 6.6.1.18. India eVTOL Aircraft Market by Operation Type, Value (US$ Mn), 2019 - 2031
  - 6.6.1.19. India eVTOL Aircraft Market by MTOW, Value (US$ Mn), 2019 - 2031
  - 6.6.1.20. India eVTOL Aircraft Market by End Use, Value (US$ Mn), 2019 - 2031
  - 6.6.1.21. Southeast Asia eVTOL Aircraft Market by Lift Technology, Value (US$ Mn), 2019 - 2031
  - 6.6.1.22. Southeast Asia eVTOL Aircraft Market by Product Type, Value (US$ Mn), 2019 - 2031
  - 6.6.1.23. Southeast Asia eVTOL Aircraft Market by Operation Type, Value (US$ Mn), 2019 - 2031
  - 6.6.1.24. Southeast Asia eVTOL Aircraft Market by MTOW, Value (US$ Mn), 2019 - 2031
  - 6.6.1.25. Southeast Asia eVTOL Aircraft Market by End Use, Value (US$ Mn), 2019 - 2031
  - 6.6.1.26. Rest of Asia Pacific eVTOL Aircraft Market by Lift Technology, Value (US$ Mn), 2019 - 2031
  - 6.6.1.27. Rest of Asia Pacific eVTOL Aircraft Market by Product Type, Value (US$ Mn), 2019 - 2031
  - 6.6.1.28. Rest of Asia Pacific eVTOL Aircraft Market by Operation Type, Value (US$ Mn), 2019 - 2031
  - 6.6.1.29. Rest of Asia Pacific eVTOL Aircraft Market by MTOW, Value (US$ Mn), 2019 - 2031
  - 6.6.1.30. Rest of Asia Pacific eVTOL Aircraft Market by End Use, Value (US$ Mn), 2019 - 2031
- 6.6.2. BPS Analysis/Market Attractiveness Analysis

7. Latin America eVTOL Aircraft Market Outlook, 2019 - 2031

7.1. Latin America eVTOL Aircraft Market Outlook, by Lift Technology, Value (US$ Mn), 2019 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Vectored Thrust
  - 7.1.1.2. Multirotor & Rotorcraft
  - 7.1.1.3. Lift Plus Cruise
7.2. Latin America eVTOL Aircraft Market Outlook, by Product Type, Value (US$ Mn), 2019 - 2031
7.3. Latin America eVTOL Aircraft Market Outlook, by Operation Type, Value (US$ Mn), 2019 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. Piloted
  - 7.3.1.2. UAV/Pilotless
7.4. Latin America eVTOL Aircraft Market Outlook, by MTOW, Value (US$ Mn), 2019 - 2031
- 7.4.1. Key Highlights
  - 7.4.1.1. Light (<250 Kg)
  - 7.4.1.2. Medium (250-1000 Kg)
  - 7.4.1.3. Heavy (>1000 Kg)
7.5. Latin America eVTOL Aircraft Market Outlook, by End Use, Value (US$ Mn), 2019 - 2031
- 7.5.1. Key Highlights
  - 7.5.1.1. Civil & Commercial
  - 7.5.1.2. Military & Security
- 7.5.2. BPS Analysis/Market Attractiveness Analysis
7.6. Latin America eVTOL Aircraft Market Outlook, by Country, Value (US$ Mn), 2019 - 2031
- 7.6.1. Key Highlights
  - 7.6.1.1. Brazil eVTOL Aircraft Market by Lift Technology, Value (US$ Mn), 2019 - 2031
  - 7.6.1.2. Brazil eVTOL Aircraft Market by Product Type, Value (US$ Mn), 2019 - 2031
  - 7.6.1.3. Brazil eVTOL Aircraft Market by Operation Type, Value (US$ Mn), 2019 - 2031
  - 7.6.1.4. Brazil eVTOL Aircraft Market by MTOW, Value (US$ Mn), 2019 - 2031
  - 7.6.1.5. Brazil eVTOL Aircraft Market by End Use, Value (US$ Mn), 2019 - 2031
  - 7.6.1.6. Mexico eVTOL Aircraft Market by Lift Technology, Value (US$ Mn), 2019 - 2031
  - 7.6.1.7. Mexico eVTOL Aircraft Market by Product Type, Value (US$ Mn), 2019 - 2031
  - 7.6.1.8. Mexico eVTOL Aircraft Market by Operation Type, Value (US$ Mn), 2019 - 2031
  - 7.6.1.9. Mexico eVTOL Aircraft Market by MTOW, Value (US$ Mn), 2019 - 2031
  - 7.6.1.10. Mexico eVTOL Aircraft Market by End Use, Value (US$ Mn), 2019 - 2031
  - 7.6.1.11. Argentina eVTOL Aircraft Market by Lift Technology, Value (US$ Mn), 2019 - 2031
  - 7.6.1.12. Argentina eVTOL Aircraft Market by Product Type, Value (US$ Mn), 2019 - 2031
  - 7.6.1.13. Argentina eVTOL Aircraft Market by Operation Type, Value (US$ Mn), 2019 - 2031
  - 7.6.1.14. Argentina eVTOL Aircraft Market by MTOW, Value (US$ Mn), 2019 - 2031
  - 7.6.1.15. Argentina eVTOL Aircraft Market by End Use, Value (US$ Mn), 2019 - 2031
  - 7.6.1.16. Rest of Latin America eVTOL Aircraft Market by Lift Technology, Value (US$ Mn), 2019 - 2031
  - 7.6.1.17. Rest of Latin America eVTOL Aircraft Market by Product Type, Value (US$ Mn), 2019 - 2031
  - 7.6.1.18. Rest of Latin America eVTOL Aircraft Market by Operation Type, Value (US$ Mn), 2019 - 2031
  - 7.6.1.19. Rest of Latin America eVTOL Aircraft Market by MTOW, Value (US$ Mn), 2019 - 2031
  - 7.6.1.20. Rest of Latin America eVTOL Aircraft Market by End Use, Value (US$ Mn), 2019 - 2031
- 7.6.2. BPS Analysis/Market Attractiveness Analysis

8. Middle East & Africa eVTOL Aircraft Market Outlook, 2019 - 2031

8.1. Middle East & Africa eVTOL Aircraft Market Outlook, by Lift Technology, Value (US$ Mn), 2019 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Vectored Thrust
  - 8.1.1.2. Multirotor & Rotorcraft
  - 8.1.1.3. Lift Plus Cruise
8.2. Middle East & Africa eVTOL Aircraft Market Outlook, by Product Type, Value (US$ Mn), 2019 - 2031
- 8.2.1. Key Highlights
  - 8.2.1.1. Fully Electric
  - 8.2.1.2. Hybrid
8.3. Middle East & Africa eVTOL Aircraft Market Outlook, by Operation Type, Value (US$ Mn), 2019 - 2031
- 8.3.1. Key Highlights
  - 8.3.1.1. Piloted
  - 8.3.1.2. UAV/Pilotless
8.4. Middle East & Africa eVTOL Aircraft Market Outlook, by MTOW, Value (US$ Mn), 2019 - 2031
- 8.4.1. Key Highlights
  - 8.4.1.1. Light (<250 Kg)
  - 8.4.1.2. Medium (250-1000 Kg)
  - 8.4.1.3. Heavy (>1000 Kg)
8.5. Middle East & Africa eVTOL Aircraft Market Outlook, by End Use, Value (US$ Mn), 2019 - 2031
- 8.5.1. Key Highlights
  - 8.5.1.1. Civil & Commercial
  - 8.5.1.2. Military & Security
- 8.5.2. BPS Analysis/Market Attractiveness Analysis
8.6. Middle East & Africa eVTOL Aircraft Market Outlook, by Country, Value (US$ Mn), 2019 - 2031
- 8.6.1. Key Highlights
  - 8.6.1.1. GCC eVTOL Aircraft Market by Lift Technology, Value (US$ Mn), 2019 - 2031
  - 8.6.1.2. GCC eVTOL Aircraft Market by Product Type, Value (US$ Mn), 2019 - 2031
  - 8.6.1.3. GCC eVTOL Aircraft Market by Operation Type, Value (US$ Mn), 2019 - 2031
  - 8.6.1.4. GCC eVTOL Aircraft Market by MTOW, Value (US$ Mn), 2019 - 2031
  - 8.6.1.5. GCC eVTOL Aircraft Market by End Use, Value (US$ Mn), 2019 - 2031
  - 8.6.1.6. South Africa eVTOL Aircraft Market by Lift Technology, Value (US$ Mn), 2019 - 2031
  - 8.6.1.7. South Africa eVTOL Aircraft Market by Product Type, Value (US$ Mn), 2019 - 2031
  - 8.6.1.8. South Africa eVTOL Aircraft Market by Operation Type, Value (US$ Mn), 2019 - 2031
  - 8.6.1.9. South Africa eVTOL Aircraft Market by MTOW, Value (US$ Mn), 2019 - 2031
  - 8.6.1.10. South Africa eVTOL Aircraft Market by End Use, Value (US$ Mn), 2019 - 2031
  - 8.6.1.11. Egypt eVTOL Aircraft Market by Lift Technology, Value (US$ Mn), 2019 - 2031
  - 8.6.1.12. Egypt eVTOL Aircraft Market by Product Type, Value (US$ Mn), 2019 - 2031
  - 8.6.1.13. Egypt eVTOL Aircraft Market by Operation Type, Value (US$ Mn), 2019 - 2031
  - 8.6.1.14. Egypt eVTOL Aircraft Market by MTOW, Value (US$ Mn), 2019 - 2031
  - 8.6.1.15. Egypt eVTOL Aircraft Market by End Use, Value (US$ Mn), 2019 - 2031
  - 8.6.1.16. Nigeria eVTOL Aircraft Market by Lift Technology, Value (US$ Mn), 2019 - 2031
  - 8.6.1.17. Nigeria eVTOL Aircraft Market by Product Type, Value (US$ Mn), 2019 - 2031
  - 8.6.1.18. Nigeria eVTOL Aircraft Market by Operation Type, Value (US$ Mn), 2019 - 2031
  - 8.6.1.19. Nigeria eVTOL Aircraft Market by MTOW, Value (US$ Mn), 2019 - 2031
  - 8.6.1.20. Nigeria eVTOL Aircraft Market by End Use, Value (US$ Mn), 2019 - 2031
  - 8.6.1.21. Rest of Middle East & Africa eVTOL Aircraft Market by Lift Technology, Value (US$ Mn), 2019 - 2031
  - 8.6.1.22. Rest of Middle East & Africa eVTOL Aircraft Market by Product Type, Value (US$ Mn), 2019 - 2031
  - 8.6.1.23. Rest of Middle East & Africa eVTOL Aircraft Market by Operation Type, Value (US$ Mn), 2019 - 2031
  - 8.6.1.24. Rest of Middle East & Africa eVTOL Aircraft Market by MTOW, Value (US$ Mn), 2019 - 2031
  - 8.6.1.25. Rest of Middle East & Africa eVTOL Aircraft Market by End Use, Value (US$ Mn), 2019 - 2031
- 8.6.2. BPS Analysis/Market Attractiveness Analysis

9. Competitive Landscape

9.1. By Operation Type vs by Product Type Heat map
9.2. Manufacturer vs by Product Type Heat map
9.3. Company Market Share Analysis, 2022
9.4. Competitive Dashboard
9.5. Company Profiles
- 9.5.1. Volocopter GmbH
  - 9.5.1.1. Company Overview
  - 9.5.1.2. Product Portfolio
  - 9.5.1.3. Financial Overview
  - 9.5.1.4. Business Strategies and Development
- 9.5.2. EHang
  - 9.5.2.1. Company Overview
  - 9.5.2.2. Product Portfolio
  - 9.5.2.3. Financial Overview
  - 9.5.2.4. Business Strategies and Development
- 9.5.3. Pipistrel d.o.o Ajdovscina
  - 9.5.3.1. Company Overview
  - 9.5.3.2. Product Portfolio
  - 9.5.3.3. Financial Overview
  - 9.5.3.4. Business Strategies and Development
- 9.5.4. Moog, Inc.
  - 9.5.4.1. Company Overview
  - 9.5.4.2. Product Portfolio
  - 9.5.4.3. Financial Overview
  - 9.5.4.4. Business Strategies and Development
- 9.5.5. Bell Textron Inc.
  - 9.5.5.1. Company Overview
  - 9.5.5.2. Product Portfolio
  - 9.5.5.3. Financial Overview
  - 9.5.5.4. Business Strategies and Development
- 9.5.6. Karem Aircraft, Inc.
  - 9.5.6.1. Company Overview
  - 9.5.6.2. Product Portfolio
  - 9.5.6.3. Financial Overview
  - 9.5.6.4. Business Strategies and Development
- 9.5.7. Neva Aerospace
  - 9.5.7.1. Company Overview
  - 9.5.7.2. Product Portfolio
  - 9.5.7.3. Financial Overview
  - 9.5.7.4. Business Strategies and Development
- 9.5.8. Kitty Hawk Corporation
  - 9.5.8.1. Company Overview
  - 9.5.8.2. Product Portfolio
  - 9.5.8.3. Financial Overview
  - 9.5.8.4. Business Strategies and Development
- 9.5.9. Opener Inc.
  - 9.5.9.1. Company Overview
  - 9.5.9.2. Product Portfolio
  - 9.5.9.3. Financial Overview
  - 9.5.9.4. Business Strategies and Development

10. Appendix

10.1. Research Methodology
10.2. Report Assumptions
10.3. Acronyms and Abbreviations