Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market Report By Lift Technology (Vectored Thrust, Multirotor, Lift Plus Cruise), By Mode of Operation (Piloted, Optionally Piloted1), By Range, (0 to 200 Kilometers), (200 to 500 Kilometers), By Application (Commercial, Military, Cargo), By MTOW (<250 Kilograms, 250–500 Kilograms, 500–1,500 Kilograms, >1,500 Kilograms) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2020-2027

ID:VMR11214855
May 2021
Report Formats:

Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market Overview
 
The key driver impacting the electric Vertical Take-off and Landing (eVTOL) aircraft market is the growing urban population leading to increasing road traffic congestion in urban areas. For instance, Worldwide, more than 50% of the population lives in urban areas now. By 2045, the global urban population will climb by 1.5 times to 6 billion. According to the United Nations (UN) report, By 2050, about 70% to 80% of the global population is estimated to reside in cities. As per WHO, About 90% of all road fatalities happen in low and middle-income nations, as it has less than half of the vehicles present around the world.  According to India's transport report,  in India, traffic fatalities have risen by 6% to 8% each year since 2000. It is projected that total passenger traffic is anticipated to grow by 15%, whereas in 2031-32, growth in road traffic is expected to be 15.4%, and thus it will increase by the factor of 16% in the later year, which is 7% to 8% in  2014. Moreover, the growing need to augment operational efficiency, and to decrease in human intervention for intercity and intracity transportation by means of eVTOLs, contributes to electric Vertical Take-off and Landing (eVTOL) aircraft's market growth in the coming years.

According to Value Market Research, the global electric Vertical Take-off and Landing (eVTOL) aircraft market size was valued at around USD 100 million in 2020 and is estimated to grow at a CAGR of about 20% during the forecast period 2021 to 2027.

 
There are several companies and municipal corporations currently working on eVTOL aircraft manufacturing for air mobility solutions, thus augmenting electric Vertical Take-off and Landing (eVTOL) aircraft in the forecast period. For instance, Japan's SkyDrive and German Volocopter is planning to commercialize eVTOL in Japan by 2023. Also, in February 2020 Bell Textron, publicized that they are partnering with Japan Airlines and Sumitomo Corporation to determine the growth of an on-demand air mobility ecosystem in Japan via Bell's Nexus 4EX eVTOL air taxi. However, Certification is one of the key factors that may hamper the market in the long run. Also, the high initial investment negatively impacts the market. The current industry trends, such as the growing need for MRO and charging stations at vertiports, growing need for an emergency ambulance, are expected to offer new lucrative market opportunities for the key players.
 
The electric Vertical Take-off and Landing (eVTOL) aircraft market is vast, with many local and global players. The eVTOL aircraft market is extensive, with many regional and international players. The important market leaders follow numerous strategies to improve their market position, such as acquisitions, extending product portfolio, contracts, amalgamation, contracts, acquisitions, product upgrades to enlarge their market share across the globe. The significant players studied in the report include Volocopter GmbH, Embraer S.A. Neva Aerospace Ltd., Volocopter, EHang, Lilium GmbH, and Kitty Hawk.

Global Electric Vertical Take-off and Landing (eVTOL) Aircraft Market Share
 
In this research report, the electric Vertical Take-off and Landing (eVTOL) aircraft market is segmented by lift technology, mode of operation, range, application, mtow and region.
 
Analysis by Lift Technology:
 
By lift technology, the report is categorized into Vectored Thrust, Multirotor, and Lift Plus Cruise. The Vectored Thrust segment dominates the lift technology segment with over 25% share in 2020. 
It is due to the enhanced efficiency and endurance offered by vectored thrust technology to eVTOL aircraft. Moreover, rising investments from various manufacturers for the use of eVTOL aircraft in commercial applications, such as air taxis, passenger air travel, cargo transportation, and air ambulance, contribute to the massive demand for vectored thrust technologysegment in the forecast period.
 
Analysis by Mode of Operation:
 
By Mode of Operation, the report is categorized into Piloted, Optionally Piloted. The Optionally Piloted segment dominates the mode of operation segment with over 40% share in 2020. It is due to the increasing investments by manufacturers and government bodies in the development of optionally piloted evtol aircraft. Moreover, the growing need to develop cost-effective solutions for passenger and cargo transportation to have effective intracity and intercity commute contributing to Optionally Piloted (eVTOL) aircraft segment growth in the forecast period.
                           
Analysis by Range:
 
By Range, the report is categorized into 0 to 200 and 200 to 500 kilometers. The 0 to 200kms segment dominates the range segment with over 60% share in 2020. It is due to the rising demand for short-range aircraft owing to its benefits such as lesser air pollution, more flexibility, fast travel, and smooth operations. Moreover, intracity commute for passengers looking for urban air mobility services contributing to 0 to 200 km (eVTOL) aircraft segment growth in the forecast period.
                            
Analysis by Application:
By application, the report is categorized into Commercial, Military, and Cargo. The commercial segment dominates the application segment with over 35% share in 2020. It is due to the rising adoption of fully electric eVTOLs for commercial transportation operations. Moreover, the growing need for quick intracity transportation is contributing to high market demand from commercial segment growth in the forecast period. 
 
Analysis by MTOW:
By MTOW, the report is categorized into <250 Kilograms, 250–500 Kilograms, 500–1,500 Kilograms, and >1,500 Kilograms. The <250 Kilograms segment dominates the MTOW segment with over 25% share in 2020. It is due to the growing adoption of Small eVTOL aircraft in commercial applications. Moreover, the rapid deployment of small eVTOL aircraft in providing emergency services in the occurrence of an accident is contributing to high demand for the <250 Kilograms segment in the forecast period.
 
Analysis by Region:
In the regional outlook of the global electric Vertical Take-off and Landing (eVTOL) aircraft market, the North America region dominates globally with a 30% market share in the forecast period. It is due to the increasing adoption of eVTOL in the commercial and military sectors. Moreover, favorable government initiatives and the presence of major eVTOL contribute to tremendous market growth across North America.
 
Market Segmentation covered in the Report:
By Lift Technology

  • Vectored Thrust
  • Multirotor
  • Lift Plus Cruise

 
By Mode of Operation

  • Piloted
  • Optionally Piloted

 
By Range

  • (0 to 200 Kilometers)
  • (200 to 500 Kilometers)

 
By Application

  • Commercial
  • Military
  • Cargo

 
By MTOW

  • <250 Kilograms
  • 250–500 Kilograms
  • 500–1,500 Kilograms
  • >1,500 Kilograms

 
By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

 
METHODOLOGY

This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications. 

If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.   

1 . PREFACE
       1.1. Report Description
           1.1.1. Objective
           1.1.2. Target Audience
           1.1.3. Unique Selling Proposition (USP) & offerings
       1.2. Research Scope
       1.3. Research Methodology
           1.3.1. Market Research Process
           1.3.2. Market Research Methodology
 
2 . EXECUTIVE SUMMARY
       2.1. Highlights of Market
       2.2. Global Market Snapshot
 
3 . ELECTRIC VERTICAL TAKE-OFF AND LANDING (EVTOL) AIRCRAFT – INDUSTRY ANALYSIS
       3.1. Introduction - Market Dynamics
       3.2. Market Drivers
       3.3. Market Restraints
       3.4. Opportunities
       3.5. Industry Trends
       3.6. Porter’s Five Force Analysis
       3.7. Market Attractiveness Analysis
           3.7.1 By Lift Technology
           3.7.2 By Mode of Operation
           3.7.3 By Application
           3.7.4 By MTOW
           3.7.5 By Region
 
4 . VALUE CHAIN ANALYSIS
       4.1. Value Chain Analysis
       4.2. Raw Material Analysis
           4.2.1. List of Raw Materials
           4.2.2. Raw Material Manufactures List
           4.2.3. Price Trend of Key Raw Materials
       4.3. List of Potential Buyers
       4.4. Marketing Channel
           4.4.1. Direct Marketing
           4.4.2. Indirect Marketing
           4.4.3. Marketing Channel Development Trend
 
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
       5.1. Impact Analysis of Covid-19 Outbreak
           5.1.1. Direct Impact on Production
           5.1.2. Supply Chain and Market Disruption
           5.1.3. Financial Impact on Firms and Financial Markets
       5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
       5.3. Market: Pre V/S Post COVID-19
       5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic
       5.5. COVID-19: Micro and Macro Factor Analysis
 
6 . GLOBAL ELECTRIC VERTICAL TAKE-OFF AND LANDING (EVTOL) AIRCRAFT MARKET ANALYSIS BY LIFT TECHNOLOGY
       6.1 Overview by Lift Technology
       6.2 Historical and Forecast Data
       6.3 Analysis by Lift Technology
       6.4 Vectored Thrust Market by Regions
       6.5 Multirotor Market by Regions
       6.6 Lift Plus Cruise Market by Regions
 
7 . GLOBAL ELECTRIC VERTICAL TAKE-OFF AND LANDING (EVTOL) AIRCRAFT MARKET ANALYSIS BY MODE OF OPERATION
       7.1 Overview by Mode of Operation
       7.2 Historical and Forecast Data
       7.3 Analysis by Mode of Operation
       7.4 Piloted Market by Regions
       7.5 Optionally Piloted Market by Regions
 
8 . GLOBAL ELECTRIC VERTICAL TAKE-OFF AND LANDING (EVTOL) AIRCRAFT MARKET ANALYSIS BY APPLICATION
       8.1 Overview by Application
       8.2 Historical and Forecast Data
       8.3 Analysis by Application
       8.4 Commercial Market by Regions
       8.5 Military Market by Regions
       8.6 Cargo Market by Regions
 
9 . GLOBAL ELECTRIC VERTICAL TAKE-OFF AND LANDING (EVTOL) AIRCRAFT MARKET ANALYSIS BY MTOW
       9.1 Overview by MTOW
       9.2 Historical and Forecast Data
       9.3 Analysis by MTOW
       9.4 <250 Kilograms Market by Regions
       9.5 250–500 Kilograms Market by Regions
       9.6 500–1,500 Kilograms Market by Regions
       9.7 >1,500 Kilograms Market by Regions
 
10 . GLOBAL ELECTRIC VERTICAL TAKE-OFF AND LANDING (EVTOL) AIRCRAFT MARKET ANALYSIS BY GEOGRAPHY
       10.1. Regional Outlook
       10.2. Introduction
       10.3. North America
           10.3.1. Overview, Historic and Forecast Data
           10.3.2. North America By Segment
           10.3.3. North America By Country
           10.3.4. United State
           10.3.5. Canada
           10.3.6. Mexico
       10.4. Europe
           10.4.1. Overview, Historic and Forecast Data
           10.4.2. Europe by Segment
           10.4.3. Europe by Country
           10.4.4. United Kingdom
           10.4.5. France
           10.4.6. Germany
           10.4.7. Italy
           10.4.8. Russia
           10.4.9. Rest Of Europe
       10.5. Asia Pacific
           10.5.1. Overview, Historic and Forecast Data
           10.5.2. Asia Pacific by Segment
           10.5.3. Asia Pacific by Country
           10.5.4. China
           10.5.5. India
           10.5.6. Japan
           10.5.7. South Korea
           10.5.8. Australia
           10.5.9. Rest Of Asia Pacific
       10.6. Latin America
           10.6.1. Overview, Historic and Forecast Data
           10.6.2. Latin America by Segment
           10.6.3. Latin America by Country
           10.6.4. Brazil
           10.6.5. Argentina
           10.6.6. Peru
           10.6.7. Chile
           10.6.8. Rest of Latin America
       10.7. Middle East & Africa
           10.7.1. Overview, Historic and Forecast Data
           10.7.2. Middle East & Africa by Segment
           10.7.3. Middle East & Africa by Country
           10.7.4. Saudi Arabia
           10.7.5. UAE
           10.7.6. Israel
           10.7.7. South Africa
           10.7.8. Rest Of Middle East And Africa
 
11 . COMPETITIVE LANDSCAPE OF THE ELECTRIC VERTICAL TAKE-OFF AND LANDING (EVTOL) AIRCRAFT COMPANIES
       11.1. Electric Vertical Take-Off And Landing (Evtol) Aircraft Market Competition
       11.2. Partnership/Collaboration/Agreement
       11.3. Merger And Acquisitions
       11.4. New Product Launch
       11.5. Other Developments
 
12 . COMPANY PROFILES OF ELECTRIC VERTICAL TAKE-OFF AND LANDING (EVTOL) AIRCRAFT INDUSTRY
       12.1. Company Share Analysis
       12.2. Market Concentration Rate
       12.3. Volocopter GmbH
           12.3.1. Company Overview
           12.3.2. Financials
           12.3.3. Products
           12.3.4. Recent Developments
       12.4. Embraer S.A. Neva Aerospace Ltd.
           12.4.1. Company Overview
           12.4.2. Financials
           12.4.3. Products
           12.4.4. Recent Developments
       12.5. Volocopter
           12.5.1. Company Overview
           12.5.2. Financials
           12.5.3. Products
           12.5.4. Recent Developments
       12.6. EHang
           12.6.1. Company Overview
           12.6.2. Financials
           12.6.3. Products
           12.6.4. Recent Developments
       12.7. Lilium GmbH
           12.7.1. Company Overview
           12.7.2. Financials
           12.7.3. Products
           12.7.4. Recent Developments
       12.8. Kitty Hawk
           12.8.1. Company Overview
           12.8.2. Financials
           12.8.3. Products
           12.8.4. Recent Developments
 
 *Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
 
LIST OF TABLES
 

  •  Market Snapshot
  •  Drivers : Impact Analysis
  •  Restraints : Impact Analysis
  •  List of Raw Material
  •  List of Raw Material Manufactures
  •  List of Potential Buyers
  •  COVID-19 Impact Analysis by Production, Import, Export and Demand
  •  Pre V/S Post COVID-19
  •  Estimated Impact Of The Coronavirus (Covid-19) Epidemic
  •  COVID-19: Micro and Macro Factor Analysis
  •  Analysis by Lift Technology (USD MN)
  •  Vectored Thrust Market by Geography (USD MN)
  •  Multirotor Market by Geography (USD MN)
  •  Lift Plus Cruise Market by Geography (USD MN)
  •  Analysis Market by Mode of Operation (USD MN)
  •  Piloted Market by Geography (USD MN)
  •  Optionally Piloted Market by Geography (USD MN)
  •  Analysis by Application (USD MN)
  •  Commercial Market by Geography (USD MN)
  •  Military Market by Geography (USD MN)
  •  Cargo Market by Geography (USD MN)
  •  Analysis by MTOW (USD MN)
  •  <250 Kilograms Market by Geography (USD MN)
  •  250–500 Kilograms Market by Geography (USD MN)
  •  500–1,500 Kilograms Market by Geography (USD MN)
  •  >1,500 Kilograms Market by Geography (USD MN)
  •  Global Electric Vertical Take-Off And Landing (Evtol) Aircraft Market by Geography (USD MN)
  •  North America Market Analysis (USD MN)
  •  United State Market Analysis (USD MN)
  •  Canada Market Analysis (USD MN)
  •  Mexico Market Analysis (USD MN)
  •  Europe Market Analysis (USD MN)
  •  Europe Market Estimate by Country (USD MN)
  •  United Kingdom Market Analysis (USD MN)
  •  France Market Analysis (USD MN)
  •  Germany Market Analysis (USD MN)
  •  Italy Market Analysis (USD MN)
  •  Russia Market Analysis (USD MN)
  •  Spain Market Analysis (USD MN)
  •  Rest of Europe Market Analysis (USD MN)
  •  Asia Pacific Market Analysis (USD MN)
  •  China Market Analysis (USD MN)
  •  Japan Market Analysis (USD MN)
  •  India Market Analysis (USD MN)
  •  South Korea Market Analysis (USD MN)
  •  Australia Market Analysis (USD MN)
  •  Rest of Asia Pacific Market Analysis (USD MN)
  •  Latin America Market Analysis (USD MN)
  •  Brazil Market Analysis (USD MN)
  •  Argentina Market Analysis (USD MN)
  •  Peru Market Analysis (USD MN)
  •  Chile Market Analysis (USD MN)
  •  Rest of Latin America Market Analysis (USD MN)
  •  Middle East & Africa Market Analysis (USD MN)
  •  Saudi Arabia Market Analysis (USD MN)
  •  UAE Market Analysis (USD MN)
  •  Israel Market Analysis (USD MN)
  •  South Africa Market Analysis (USD MN)
  •  Rest of Middle East and Africa Market Analysis (USD MN)
  •  Partnership/Collaboration/Agreement
  •  Mergers And Acquisiton

 
 LIST OF FIGURES
 

  •  Research Scope of Electric Vertical Take-Off And Landing (Evtol) Aircraft Report
  •  Market Research Process
  •  Market Research Methodology
  •  Global Electric Vertical Take-Off And Landing (Evtol) Aircraft Market Size, by Region (USD MN)
  •  Porters Five Forces Analysis
  •  Market Attractiveness Analysis by Lift Technology
  •  Market Attractiveness Analysis by Mode of Operation
  •  Market Attractiveness Analysis by Application
  •  Market Attractiveness Analysis by MTOW
  •  Market Attractiveness Analysis by Region
  •  Value Chain Analysis
  •  Global Market Analysis by Lift Technology (USD MN)
  •  Vectored Thrust Market by Geography (USD MN)
  •  Multirotor Market by Geography (USD MN)
  •  Lift Plus Cruise Market by Geography (USD MN)
  •  Global Market Analysis by Mode of Operation (USD MN)
  •  Piloted Market by Geography (USD MN)
  •  Optionally Piloted Market by Geography (USD MN)
  •  Global Market Analysis by Application (USD MN)
  •  Commercial Market by Geography (USD MN)
  •  Military Market by Geography (USD MN)
  •  Cargo Market by Geography (USD MN)
  •  Global Market Analysis by MTOW (USD MN)
  •  <250 Kilograms Market by Geography (USD MN)
  •  250–500 Kilograms Market by Geography (USD MN)
  •  500–1,500 Kilograms Market by Geography (USD MN)
  •  >1,500 Kilograms Market by Geography (USD MN)
  •  Global Market by Revenue
  •  North America Market by Revenue
  •  Europe Market by Revenue
  •  Asia Pacific Market by Revenue
  •  Latin America Market by Revenue
  •  Middle East & Africa Market by Revenue
  •  Recent Development in Industry
  •  Company Market Share Analysis, 2020

 
 * Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

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