Global eVTOL aircraft market 2024-2028

Description

List of Tables

The eVTOL aircraft market is forecasted to grow by USD 12279.6 mn during 2023-2028, accelerating at a CAGR of 52.65% during the forecast period. The report on the eVTOL aircraft market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by demand for enhanced customer service, increasing requirement for clean and quiet aircraft, and increasing use of eVTOL aircraft for military applications.

Technavio's eVTOL aircraft market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	37.36%
CAGR	52.65%
Incremental Value	$12279.6mn

By Application

Cargo
Passengers

By Technology

Lift plus cruise
Multirotor
Vectored thrust

By Geographical Landscape

Europe
North America
APAC
Middle East and Africa
South America

This study identifies the increasing potential of eVTOL in various industries as one of the prime reasons driving the eVTOL aircraft market growth during the next few years. Also, development of drone infrastructure and increase in funding received by evtol aircraft manufacturers will lead to sizable demand in the market.

The report on the eVTOL aircraft market covers the following areas:

eVTOL aircraft market sizing
eVTOL aircraft market forecast
eVTOL aircraft market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading eVTOL aircraft market vendors that include Airbus SE, ARC Aerosystems, Archer Aviation Inc, BETA Technologies Inc., EHang Holdings Ltd., Elbit Systems Ltd., Elroy Air, Embraer SA, Joby Aviation Inc., Karem Aircraft Inc., Lilium GmbH, Moog Inc., SkyDrive Inc., Textron Inc., The Boeing Co., Urban Aeronautics, Vertical Aerospace Group Ltd., Volocopter GmbH, Wisk Aero LLC, and Zhejiang Geely Holding Group Co. Ltd.. Also, the evtol aircraft market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR71942

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Market Segmentation by Technology
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
- Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global EVTOL Aircraft Market 2018 - 2022
- Historic Market Size - Data Table on Global EVTOL Aircraft Market 2018 - 2022 ($ million)
4.2 Application segment analysis 2018 - 2022
- Historic Market Size - Application Segment 2018 - 2022 ($ million)
4.3 Technology segment analysis 2018 - 2022
- Historic Market Size - Technology Segment 2018 - 2022 ($ million)
4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Application

6.1 Market segments
- Chart on Application - Market share 2023-2028 (%)
- Data Table on Application - Market share 2023-2028 (%)
6.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application
6.3 Cargo - Market size and forecast 2023-2028
- Chart on Cargo - Market size and forecast 2023-2028 ($ million)
- Data Table on Cargo - Market size and forecast 2023-2028 ($ million)
- Chart on Cargo - Year-over-year growth 2023-2028 (%)
- Data Table on Cargo - Year-over-year growth 2023-2028 (%)
6.4 Passengers - Market size and forecast 2023-2028
- Chart on Passengers - Market size and forecast 2023-2028 ($ million)
- Data Table on Passengers - Market size and forecast 2023-2028 ($ million)
- Chart on Passengers - Year-over-year growth 2023-2028 (%)
- Data Table on Passengers - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Application
- Market opportunity by Application ($ million)
- Data Table on Market opportunity by Application ($ million)

7 Market Segmentation by Technology

7.1 Market segments
- Chart on Technology - Market share 2023-2028 (%)
- Data Table on Technology - Market share 2023-2028 (%)
7.2 Comparison by Technology
- Chart on Comparison by Technology
- Data Table on Comparison by Technology
7.3 Lift plus cruise - Market size and forecast 2023-2028
- Chart on Lift plus cruise - Market size and forecast 2023-2028 ($ million)
- Data Table on Lift plus cruise - Market size and forecast 2023-2028 ($ million)
- Chart on Lift plus cruise - Year-over-year growth 2023-2028 (%)
- Data Table on Lift plus cruise - Year-over-year growth 2023-2028 (%)
7.4 Multirotor - Market size and forecast 2023-2028
- Chart on Multirotor - Market size and forecast 2023-2028 ($ million)
- Data Table on Multirotor - Market size and forecast 2023-2028 ($ million)
- Chart on Multirotor - Year-over-year growth 2023-2028 (%)
- Data Table on Multirotor - Year-over-year growth 2023-2028 (%)
7.5 Vectored thrust - Market size and forecast 2023-2028
- Chart on Vectored thrust - Market size and forecast 2023-2028 ($ million)
- Data Table on Vectored thrust - Market size and forecast 2023-2028 ($ million)
- Chart on Vectored thrust - Year-over-year growth 2023-2028 (%)
- Data Table on Vectored thrust - Year-over-year growth 2023-2028 (%)
7.6 Market opportunity by Technology
- Market opportunity by Technology ($ million)
- Data Table on Market opportunity by Technology ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
9.3 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.4 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
9.5 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.6 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.7 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.10 France - Market size and forecast 2023-2028
- Chart on France - Market size and forecast 2023-2028 ($ million)
- Data Table on France - Market size and forecast 2023-2028 ($ million)
- Chart on France - Year-over-year growth 2023-2028 (%)
- Data Table on France - Year-over-year growth 2023-2028 (%)
9.11 UK - Market size and forecast 2023-2028
- Chart on UK - Market size and forecast 2023-2028 ($ million)
- Data Table on UK - Market size and forecast 2023-2028 ($ million)
- Chart on UK - Year-over-year growth 2023-2028 (%)
- Data Table on UK - Year-over-year growth 2023-2028 (%)
9.12 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Opportunity/Restraints

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints

11 Competitive Landscape

11.1 Overview
11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
- Overview on factors of disruption
11.4 Industry risks
- Impact of key risks on business

12 Competitive Analysis

12.1 Companies profiled
- Companies covered
12.2 Market positioning of companies
- Matrix on companies position and classification
12.3 Airbus SE
- Airbus SE - Overview
- Airbus SE - Business segments
- Airbus SE - Key news
- Airbus SE - Key offerings
- Airbus SE - Segment focus
12.4 ARC Aerosystems
- ARC Aerosystems - Overview
- ARC Aerosystems - Product / Service
- ARC Aerosystems - Key offerings
12.5 Archer Aviation Inc
- Archer Aviation Inc - Overview
- Archer Aviation Inc - Product / Service
- Archer Aviation Inc - Key offerings
12.6 EHang Holdings Ltd.
- EHang Holdings Ltd. - Overview
- EHang Holdings Ltd. - Product / Service
- EHang Holdings Ltd. - Key news
- EHang Holdings Ltd. - Key offerings
12.7 Elbit Systems Ltd.
- Elbit Systems Ltd. - Overview
- Elbit Systems Ltd. - Product / Service
- Elbit Systems Ltd. - Key news
- Elbit Systems Ltd. - Key offerings
12.8 Embraer SA
- Embraer SA - Overview
- Embraer SA - Business segments
- Embraer SA - Key offerings
- Embraer SA - Segment focus
12.9 Joby Aviation Inc.
- Joby Aviation Inc. - Overview
- Joby Aviation Inc. - Product / Service
- Joby Aviation Inc. - Key news
- Joby Aviation Inc. - Key offerings
12.10 Lilium GmbH
- Lilium GmbH - Overview
- Lilium GmbH - Product / Service
- Lilium GmbH - Key offerings
12.11 Moog Inc.
- Moog Inc. - Overview
- Moog Inc. - Business segments
- Moog Inc. - Key news
- Moog Inc. - Key offerings
- Moog Inc. - Segment focus
12.12 Textron Inc.
- Textron Inc. - Overview
- Textron Inc. - Business segments
- Textron Inc. - Key offerings
- Textron Inc. - Segment focus
12.13 The Boeing Co.
- The Boeing Co. - Overview
- The Boeing Co. - Business segments
- The Boeing Co. - Key news
- The Boeing Co. - Key offerings
- The Boeing Co. - Segment focus
12.14 Urban Aeronautics
- Urban Aeronautics - Overview
- Urban Aeronautics - Product / Service
- Urban Aeronautics - Key offerings
12.15 Vertical Aerospace Group Ltd.
- Vertical Aerospace Group Ltd. - Overview
- Vertical Aerospace Group Ltd. - Product / Service
- Vertical Aerospace Group Ltd. - Key offerings
12.16 Volocopter GmbH
- Volocopter GmbH - Overview
- Volocopter GmbH - Product / Service
- Volocopter GmbH - Key offerings
12.17 Zhejiang Geely Holding Group Co. Ltd.
- Zhejiang Geely Holding Group Co. Ltd. - Overview
- Zhejiang Geely Holding Group Co. Ltd. - Product / Service
- Zhejiang Geely Holding Group Co. Ltd. - Key news
- Zhejiang Geely Holding Group Co. Ltd. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
13.3 Currency conversion rates for US$
- Currency conversion rates for US$
13.4 Research methodology
- Research methodology
13.5 Data procurement
- Information sources
13.6 Data validation
- Data validation
13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
13.8 Data synthesis
- Data synthesis
13.9 360 degree market analysis
- 360 degree market analysis
13.10 List of abbreviations
- List of abbreviations