Market Research Future has published a half-cooked research report the Global eVTOL Aircraft Market, 2019–2024.
The global market for eVTOL aircraft is expected to grow at a significant rate during the forecast period owing to various factors such as the increasing air passenger traffic and rising investments by market players in developing eVTOL aircraft that maximize seating capacity, offer enhanced comfort to passengers, and are convenient.
Based on region, the global eVTOL aircraft market has been segmented into North America, Europe, Asia-Pacific, the Middle East, and Latin America.
In 2018, North America dominated the global market. The presence of prominent eVTOL aircraft manufacturers such as A³ by Airbus and Aurora Flight Sciences is propelling market growth in the region. The North American eVTOL aircraft market includes the US and Canada. The US is expected to account for the larger share of the North American eVTOL aircraft during the review period owing to increasing test flights of eVTOL aircraft by companies in the country. For example, in 2018, A³ by Airbus conducted the first test flight of the Vahana eVTOL in the US.
evtol Aircraft Market company profiles and country-level customization on reports.
evtol Aircraft Market key players in the global eVTOL aircraft market are A³ by Airbus (US), Aurora Flight Sciences (US), Embraer (Brazil), LIFT Aircraft Inc. (US), Kitty Hawk (US), Karem Aircraft, Inc. (US), Neva Aerospace (UK), EHANG (China), Opener (US), Joby Aviation (US), Pipistrel (Slovenia), Lilium (Germany), Bell Helicopter (US), Workhorse Group Inc. (US), and Volocopter GmbH (Germany).
The European market is also likely to offer lucrative growth opportunities during the forecast period. An in-depth analysis of the market in France, Germany, Switzerland, Belgium, and the rest of Europe has been provided in this report. Germany accounted for the largest share of the European eVTOL aircraft market in 2018. The presence of key eVTOL aircraft manufacturers such as Volocopter GmBH and Lilium are driving market growth in the region.
The market in Asia-Pacific is expected to exhibit the highest CAGR during the forecast period. An in-depth analysis of the market in China, India, Japan, Singapore, Australia, and the rest of Asia-Pacific has been provided in this report. Singapore accounted for the majority of the Asia-Pacific eVTOL aircraft in 2018. In Singapore, the presence of advanced technology and infrastructure are driving market growth. Furthermore, increasing investments by companies such as Volocopter GmBH in Singapore are fueling the growth of the regional market.
The market in the Middle East includes the UAE and the rest of the Middle East. The UAE accounted for the larger share of the Middle Eastern eVTOL aircraft in 2018. Increasing collaborations between prominent ride-sharing service providers and governments in the region are driving market growth. For example, in 2017, Uber and the Roads and Transport Authority of Dubai collaborated to launch a VTOL network in Dubai.
- In May 2019, Volocopter GmbH and vertiport owner and operator Skyports, based in the UK, announced plans to complete the development of the Volo-Port in Singapore.
- In May 2018, Embraer unveiled the first eVTOL aircraft prototype at Uber Elevate 2018.
This research report provides insights into various levels of analysis, such as industry analysis and market share analysis, for leading market players; it also offers profiles on the key market players. The report assists in studying the target segments by providing views on the emerging and high-growth segments. The market data comprises a basic assessment of the competitive scenario and strategies in the global space electronics market, including high-growth regions and/or countries and the political and economic environment. The project report further provides historical market values and pricing and cost analysis.
Global eVTOL Aircraft Market: Information by Type (Air Taxis, Delivery Drones and others), Battery Type (Lithium-Ion Batteries, Solid-State Batteries and Hydrogen Fuel Cells), Lift Technology (Multirotor, Vectored Thrust, Lift Plus Cruise and others), Type of Propulsion (Fully Electric, Hybrid, and Electric Hydrogen), Type of MTOW (<250 kg, 250–500 kg, 500–1,500 kg and>1,500 kg), Range (0–200 km and 200–500 km), Mode of Operation (Piloted and Optionally Piloted), Application (Commercial, Cargo and Military) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and Latin America) - Forecast till 2030 @https://www.marketresearchfuture.com/reports/evtol-aircraft-market-7952