EVTOL Aircraft Market Grow with a CAGR of 18.56% | Will Generate New Growth Opportunities by 2027 | Airbus, Lilium, Volocopter, Bell Helicopter, Neva Aerospace

Global eVTOL Aircraft Market is expected grow with a CAGR of 18.56% over the forecast period 2021 to 2027. Increasing technological developments, rising environmental pollution & traffic congestion along with growing priority towards renewable energy resources are anticipated to drive the growth of Global eVTOL Aircraft Market.

During Covid-19 pandemic, the government has imposed the restriction on movement has led to significant drop in eVTOL market which is limited to few economies. The post covid-19 era is anticipated to grow at fast pace due to the increased social distancing and increasing connectivity between smaller cities.

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eVTOL Aircraft Market Scope:

Global Size, Trends, Competitive, Historical & Forecast Analysis, 2021-2027.

eVTOL aircraft includes the electric vertical takeoff and landing aircraft which are meant to be used for air taxis and urban air mobility. This aircraft uses new technology which helps in moving faster, quieter with autonomous flight capabilities. The increasing world population and urbanization is leading to rise in traffic congestion which leads to more pollution, wastage of time, high travelling cost with faster depletion of fossil fuel. The increased focus on environmental issues has shifted the attention towards renewable energy source and efficient means of travel. The dependence of eVTOL on electricity helps in reducing CO2 up to 50% and at reduced cost than jet fuel.

Key Players for Global eVTOL Aircraft Market Report-

Some of the key players for global eVTOL aircraft market are EHANG, A³ by Airbus, Volocopter, Uber Technologies, Lilium, Aurora Flight Sciences, Bell Textron, TERRAFUGIA, Kitty Hawk, Workhorse, EmbraerX, Karem Aircraft, Neva Aerospace, LIFT Aircraft, Opener, Pipistrel Group, Vertical Aerospace, HOVERSURF, Cartivator, Joby Aviation, Amprius Technologies, Sion Power Corporation, MOLICEL, EaglePicher Technologies, OXIS Energy, MGM COMPRO, Bell Helicopter and others.

The eVTOL system uses autonomous flight control that reduces the chances of error which is major cause of helicopter accidents. The integrated disturbed electric propulsion uses few rotors for vertical lift and achieves safety level four times than helicopters. The increase in UAM will reduce the efforts of individuals to drive, parking problems and reduced maintenance cost due to reduction in movable parts. All these factors can increase its adoption due to the reduced involvement of individual in flying with pick & drop on proximity.

Global eVTOL Aircraft Market Segmentation:

By Mode of Operation:

• Piloted
• Optionally Piloted

By Lift Technology:

• Vectored Thrust
• Multirotor
• Lift Plus Cruise

By Range:

• 0 to 200 Km
• 200 to 500 Km

By MTOW:

• 1,500 Kilograms

By Propulsion:

• Electric/Battery
• Electric/Hybrid
• Electric/Hydrogen

By Application:

• Commercial
• Military
• Cargo

Key Benefits for Global eVTOL Aircraft Market Report

• Global eVTOL Aircraft Market report covers in-depth historical and forecast analysis.
• Global eVTOL Aircraft Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market Opportunities, Competitive Analysis, Regional and Country Level.
• Global eVTOL Aircraft Market report helps to identify opportunities in marketplace.
• Global eVTOL Aircraft Market report covers extensive analysis of emerging trends and competitive landscape.

According to the Regional Segmentation the eVTOL aircraft Market provides the Information covers
following regions:

• North America
• South America
• Asia & Pacific
• Europe
• MEA (Middle East and Africa)

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Global eVTOL aircraft Market Research Reports 2021 – 2027

Chapter 1 eVTOL aircraft Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Productions, Revenue (Value) by Region
Chapter 5 Global Supplies (Production), Consumption, Export, Import by Regions
Chapter 6 Global Productions, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global eVTOL aircraft Market Forecast

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

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