Electric VTOL Aircraft Market Developments and Growth by 2035

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Report Description

The eVTOL aircraft market research provides a detailed perspective regarding the applications of the technology, its value, and es

Scope of the Global EVTOL aircraft Market

The eVTOL aircraft market research provides a detailed perspective regarding the applications of the technology, its value, and estimation, among others. The purpose of this market analysis is to examine the eVTOL aircraft outlook in terms of factors driving the market, trends, technological developments, and funding scenario, among others.

The report further takes into consideration the market dynamics and the competitive landscape, along with the detailed financial and product contribution of the key players operating in the market. The eVTOL aircraft market report is a compilation of different segments including market breakdown by technology, energy source, application, end user, component, infrastructure, and region.

Market Segmentation

The eVTOL aircraft market (on the basis of component) is further segmented into sensors, airframes, camera, radar, LIDAR, battery, motor, INS/IMU, and GPS/GNSS. The airframes component is expected to dominate the global eVTOL aircraft market in 2025 and is anticipated to maintain its dominance throughout the forecast period (2025-2035).

The eVTOL aircraft market segmentation (on the basis of technology) has been done into rotorcraft, vectored thrust, lift+cruise, and hoverbikes. The rotorcraft is expected to dominate the global eVTOL aircraft market in 2025 and is anticipated to maintain its dominance throughout the forecast period. Moreover, there are other segments in the global eVTOL aircraft market which includes energy source, end user, application, and infrastructure.

The eVTOL aircraft market segmentation by region is segregated into four major regions, namely, North America, Europe, Asia-Pacific (APAC), and Rest-of-the-World (RoW). Data for each of these regions is provided by technology and by application.

Key Companies in the Global eVTOL Aircraft Market

The key market players in the global eVTOL aircraft market include Airbus, Airspace Experience Technologies, Aurora Flight Sciences, Bell Helicopter, The Boeing Company, EHANG, Embraer, Karem Aircraft, Kitty Hawk, Lilium, Neva Aerospace, Opener, Pipistrel, Volocopter, and Workhorse Group.

Key Questions Answered in this Report

What major driving forces are expected to increase the global market demand for eVTOL aircraft during the forecast period, 2025-20

Market Overview

The Global eVTOL Aircraft Industry Analysis by BIS Research projects the market to grow at a significant CAGR of 13.75% during the

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1.1    Market Drivers
                  1.1.1    Increasing Road Traffic Congestion in Urban Area
                  1.1.2    Need for Faster and Efficient Transportation
         1.2    Market Challenges
                  1.2.1    Lack of Required Infrastructure
                  1.2.2    Social Acceptance
         1.3    Market Opportunities
                  1.3.1    Growing Smart City Investment
                  1.3.2    Increasing Demand for Charging Stations or Vertiports

2.1    Key Strategies and Developments
                  2.1.1    Partnerships, Agreements, and Contracts
                  2.1.2    Acquisitions and Funding
                  2.1.3    Product Launches
                  2.1.4    Other Developments
         2.2    Competitive Benchmarking

3.1    Industry Overview
         3.2    Current Status of eVTOL Industry
         3.3    Comparison of Electric and Conventional Aircrafts
         3.4    Investment Scenario: Start-ups and Stakeholders in Global eVTOL Aircraft Market
         3.5    Leading Manufacturers, Products, and Technical Specifications
         3.6    Supply Chain Analysis

4.1 Assumptions and Limitations
4.2 Market Overview

5.1    Market Overview
         5.2    Rotorcraft
                  5.2.1    Single Rotor
                  5.2.2    Multi-Rotor Aircraft
         5.3    Vectored Thrust
         5.4    Lift + Cruise
         5.5    Hoverbikes

6.1    Market Overview
         6.2    Sensors
         6.3    Airframes
         6.4    Camera
         6.5    LIDAR
         6.6    Radar
         6.7    Battery
         6.8    Motor
         6.9    INS/IMU
         6.10   GPS/GNSS

7.1    Market Overview
         7.2    Battery
         7.3    Hybrid
         7.4    Hydrogen

8.1    Market Overview
         8.2    Piloted
         8.3    Optionally Piloted

9.1    Market Overview
         9.2    Air Taxi
                  9.2.1    Air Taxi Market (by Range)
         9.3    Air Ambulance
         9.4    Cargo Aerial Vehicle
         9.5    Personal Air Vehicle
                  9.5.1    Personal Air Vehicle (PAV) Market (by Range)
         9.6    Hoverbikes

10.1    Market Overview
           10.2    Commercial
           10.3    Government and Military

11.1    Market Overview
           11.2    Vertiports
           11.3    Charging Stations
           11.4    Traffic Management Systems

12.1    Market Overview
           12.2    North America
                      12.2.1    North America eVTOL Aircraft Market (by Technology)
                      12.2.2    North America eVTOL Aircraft Market (by Application)
                      12.2.3    North America eVTOL Aircraft Market (by Country)
                                    12.2.3.1    U.S.
                                    12.2.3.2    Canada
       12.3    Europe
                  12.3.1    Europe eVTOL Aircraft Market (by Technology)
                  12.3.2    Europe eVTOL Aircraft Market (by Application)
                  12.3.3    Europe eVTOL Aircraft Market (by Country)
                                12.3.3.1    U.K.
                                12.3.3.2    Germany
                                12.3.3.3    France
                                12.3.3.4    Italy
                                12.3.3.5    Rest-of-Europe
       12.4    Asia-Pacific
                  12.4.1    Asia-Pacific eVTOL Aircraft Market (by Technology)
                  12.4.2    Asia-Pacific eVTOL Aircraft Market (by Application)
                  12.4.3    Asia-Pacific eVTOL Aircraft Market (by Country)
                                12.4.3.1    China
                                12.4.3.2    Singapore
                                12.4.3.3    Japan
                                12.4.3.4    Australia
       12.5    Rest-of-the-World
                  12.5.1    RoW eVTOL Aircraft Market (by Technology)
                  12.5.2    RoW eVTOL Aircraft Market (by Application)
                  12.5.3    RoW eVTOL Market (by Country)
                                12.5.3.1    Brazil
                                12.5.3.2    U.A.E.

13.1    Overview
           13.2    Airbus S.A.S
                      13.2.1    Company Overview
                      13.2.2    Role of Airbus S.A.S in Global Electric VTOL (eVTOL) Aircraft Market
                      13.2.3    Overall Financials
                      13.2.4    SWOT Analysis
           13.3    Airspace Experience Technologies, Inc.
                      13.3.1    Company Overview
                      13.3.2    Role of Airspace Experience Technologies in Global Electric VTOL (eVTOL) Aircraft Market
                      13.3.3    SWOT Analysis
           13.4    Aurora Flight Sciences
                      13.4.1    Company Overview
                      13.4.2    Role of Aurora Flight Sciences in Global Electric VTOL (eVTOL) Aircraft Market
                      13.4.3    SWOT Analysis
           13.5    Bell Helicopter
                      13.5.1    Company Overview
                      13.5.2    Role of Bell Helicopter in Global Electric VTOL (eVTOL) Aircraft Market
                      13.5.3    SWOT Analysis
           13.6    EHANG
                      13.6.1    Company Overview
                      13.6.2    Role of EHANG in Global Electric VTOL (eVTOL) Aircraft Market
                      13.6.3    SWOT Analysis
           13.7    Embraer SA
                      13.7.1    Company Overview
                      13.7.2    Role of Embraer SA in Global Electric VTOL (eVTOL) Aircraft Market
                      13.7.3    Overall Financials
                      13.7.4    SWOT Analysis
           13.8    Karem Aircraft, Inc.
                      13.8.1    Company Overview
                      13.8.2    Role of Karem Aircraft, Inc. in Global Electric VTOL (eVTOL) Aircraft Market
                      13.8.3    SWOT Analysis
           13.9    Kitty Hawk
                      13.9.1    Company Overview
                      13.9.2    Role of Kitty Hawk in Global Electric VTOL (eVTOL) Aircraft Market
                      13.9.3    SWOT Analysis
           13.10   Lilium GmbH
                      13.10.1    Company Overview
                      13.10.2    Role of Lilium GmbH in Global Electric VTOL (eVTOL) Aircraft Market
                      13.10.3    SWOT Analysis
           13.11   Neva Aerospace
                      13.11.1    Company Overview
                      13.11.2    Role of Neva Aerospace in Global Electric VTOL (eVTOL) Aircraft Market
                      13.11.3    SWOT ANALYSIS
          13.12   Opener
                      13.12.1    Company Overview
                      13.12.2    Role of Opener in Global Electric VTOL (eVTOL) Aircraft Market
                      13.12.3    SWOT Analysis
          13.13   Pipistrel Group
                      13.13.1    Company Overview
                      13.13.2    Role of Pipistrel in Global Electric VTOL (eVTOL) Aircraft Market
                      13.13.3    SWOT Analysis
          13.14   The Boeing Company
                      13.14.1    Company Overview
                      13.14.2    Role of The Boeing Company in Global Electric VTOL (eVTOL) Aircraft Market
                      13.14.3    Overall Financials
                      13.14.4    SWOT Analysis
          13.15   Volocopter GmbH
                      13.15.1    Company Overview
                      13.15.2    Role of Volocopter GmbH in Global Electric VTOL (eVTOL) Aircraft Market
                      13.15.3    SWOT Analysis
          13.16   Workhorse Group, Inc.
                      13.16.1    Company Overview
                      13.16.2    Role of Workhorse Group, Inc. in Global Electric VTOL (eVTOL) Aircraft Market
                      13.16.3    SWOT Analysis
         13.17    Other Key Players
                      13.17.1    Volta Volare
                      13.17.2    Joby Aviation
                      13.17.3    Terrafuggia
                      13.17.4    Samad Aerospace Ltd.
                      13.17.5    AMSL Aero Pty Ltd.

14.1 Scope of the Report
14.2 Global eVTOL Aircraft Market Research Methodology

15.1 Related Reports

Table 1:    Global eVTOL Aircraft Market, Value ($Million) and Volume, 2025-2035
Table 2:    Global eVTOL Aircraft Market Snapshot, 2025 and 2035
Table 1.1:    Impact Analysis of Market Drivers
Table 1.2:    Impact Analysis of Market Challenges
Table 1.3:    Smart City Initiatives in European Cities
Table 3.1:    Current Status of the eVTOL Aircraft
Table 3.2:    Conventional Aircrafts Vs eVTOL Aircrafts
Table 3.3:    Start-Ups and Funding, January 2015-October 2019
Table 3.4:    Other Stakeholders in the Global eVTOL Aircraft Market
Table 3.5:    Product Mapping in Global eVTOL Aircraft Market
Table 4.1:    Global eVTOL Aircraft Market, Value ($Million) and Volume (Units), 2025-2035
Table 5.1:    Global eVTOL Aircraft Market (by Rotorcraft), Value ($Million) and Volume (Units), 2025-2035
Table 5.2:    Global eVTOL Aircraft Market (by Single Rotor), Value ($Million) and Volume (Units), 2025-2035
Table 5.3:    Global eVTOL Aircraft Market (by Multi Rotor), Value ($Million) and Volume (Units), 2025-2035
Table 5.4:    Global eVTOL Aircraft Market (by Vectored Thrust), Value ($Million) and Volume, 2025-2035
Table 5.5:    Global eVTOL Aircraft Market (by Lift + Cruise), Value ($Million) and Volume, 2025-2035
Table 5.6:    Global eVTOL Aircraft Market (by Hoverbikes), Value ($Million) and Volume, 2025-2035
Table 7.1:    Companies Using Electric/Batteries Energy Source for eVTOL Aircraft
Table 7.2:    Companies using Electric Hybrid Energy Source for eVTOL Aircraft
Table 7.3:    Global eVTOL Aircraft Market (Battery), Value ($Million) and Volume (Units), 2025-2035
Table 7.4:    Global eVTOL Aircraft Market (Hybrid), Value ($Million) and Volume (Units), 2025-2035
Table 7.5:    Global eVTOL Aircraft Market (Hydrogen), Value ($Million) and Volume (Units), 2025-2035
Table 8.1:    Global eVTOL Aircraft Market (Piloted), Value ($Million) and Volume (Units), 2025-2035
Table 8.2:    Global eVTOL Aircraft Market (Optionally Piloted), Value ($Million) and Volume (Units), 2025-2035
Table 9.1:    Global eVTOL Aircraft Market (Air Taxi), Value ($Million) and Volume (Units), 2025-2035
Table 9.2:    Global eVTOL Aircraft Market (Air Taxi), Value ($Million) and Volume (Units) 2025-2035
Table 9.3:    Global eVTOL Aircraft Market (Air Ambulance), Value ($Million) and Volume (Units), 2025-2035
Table 9.4:    Global eVTOL Aircraft Market (Cargo Aerial Vehicle), Value ($Million) and Volume (Units), 2025-2035
Table 9.5:    Global eVTOL Aircraft Market (Personal Air Vehicle), Value ($Million) and Volume (Units), 2025-2035
Table 9.6:    Global eVTOL Aircraft Market (Personal Air Vehicle), Value ($Million) and Volume (Units), 2025-2035
Table 9.7:    Global eVTOL Aircraft Market (Hoverbikes), Value ($Million) and Volume (Units), 2025-2035
Table 10.1:    Global eVTOL Aircraft Market (by Commercial), Value ($Million) and Volume (Units), 2025-2035
Table 10.2:    Global eVTOL Aircraft Market (by Government and Military), Value ($Million) and Volume (Units), 2025-2035
Table 12.1:    Global eVTOL Aircraft Market (by Region), 2025-2035
Table 12.2:    North America eVTOL Aircraft Market, Value ($Million) and Volume (Units), 2025-2035
Table 12.3:    North America eVTOL Aircraft Market (by Technology), Value ($Million) and Volume (Units), 2025-2035
Table 12.4:    North America eVTOL Aircraft Market (by Application), Value ($Million) and Volume (Units), 2025-2035
Table 12.5:    U.S. eVTOL Aircraft Market, Value ($Million) and Volume (Units), 2025-2035
Table 12.6:    Canada eVTOL Aircraft Market, Value ($Million) and Volume (Units), 2025-2035
Table 12.7:    Europe eVTOL Aircraft Market, Value ($Million) and Volume (Units), 2025-2035
Table 12.8:    Europe eVTOL Aircraft Market (by Technology), Value ($Million) and Volume (Units), 2025-2035
Table 12.9:    Europe eVTOL Aircraft Market (by Application), Value ($Million) and Volume (Units), 2025-2035
Table 12.10:    U.K. eVTOL Aircraft Market, Value ($Million) and Volume (Units), 2025-2035
Table 12.11:    Germany eVTOL Aircraft Market, Value ($Million) and Volume (Units), 2025-2035
Table 12.12:    France eVTOL Aircraft Market, Value ($Million) and Volume (Units), 2025-2035
Table 12.13:    Italy eVTOL Aircraft Market, Value ($Million) and Volume (Units), 2025-2035
Table 12.14:    Rest-of-Europe eVTOL Aircraft Market, Value ($Million) and Volume (Units), 2025-2035
Table 12.15:    Asia-Pacific eVTOL Aircraft Market, Value ($Million) and Volume (Units), 2025-2035
Table 12.16:    Asia-Pacific eVTOL Aircraft Market (by Technology), Value ($Million) and Volume (Units), 2025-2035
Table 12.17:    Asia-Pacific eVTOL Aircraft Market (by Application), Value ($Million) and Volume (Units), 2025-2035
Table 12.18:    China eVTOL Aircraft Market, Value ($Million) and Volume (Units), 2025-2035
Table 12.19:    Singapore eVTOL Aircraft Market, Value ($Million) and Volume (Units), 2025-2035
Table 12.20:    Japan eVTOL Aircraft Market, Value ($Million) and Volume (Units), 2025-2035
Table 12.21:    Australia eVTOL Aircraft Market, Value ($Million) and Volume (Units), 2025-2035
Table 12.22:    RoW eVTOL Aircraft Market, Value ($Million) and Volume (Units), 2025-2035
Table 12.23:    RoW eVTOL Aircraft Market (by Technology), Value ($Million) and Volume (Units), 2025-2035
Table 12.24:    RoW eVTOL Aircraft Market (by Application), Value ($Million) and Volume (Units), 2025-2035
Table 12.25:    Brazil eVTOL Aircraft Market, Value ($Million) and Volume (Units), 2025-2035
Table 12.26:    U.A.E eVTOL Aircraft Market, Value ($Million) and Volume (Units), 2025-2035

Figure 1:    Electric VTOL (eVTOL) Aircraft Operations
Figure 2:    Global eVTOL Aircraft Market (by Technology), Revenue ($Million), 2025 and 2035
Figure 3:    Global eVTOL Aircraft Market (by Component), Revenue ($Million), 2025 and 2035
Figure 4:    Global eVTOL Aircraft Market (by Energy Source), Revenue ($Million), 2025 and 2035
Figure 5:    Global eVTOL Aircraft Market (by Operation), Revenue ($Million), 2025 and 2035
Figure 6:    Global eVTOL Aircraft Market (by Application), Revenue ($Million), 2025 and 2035
Figure 7:    Global eVTOL Aircraft Market (by Region), Value ($Billion), 2025 and 2035
Figure 1.1:    Market Dynamics Snapshot
Figure 1.2:    Population in Urban Cities, 2015 and 2030
Figure 2.1:    Key Strategies Adopted by Market Players
Figure 2.2:    Percentage Share of Strategies Adopted by the Market Players, January 2016-October 2019
Figure 2.3:    Partnerships, Agreements, and Contracts by Key Market Players, January 2016-October 2019
Figure 2.4:    Acquisitions and Funding by Key Market Players, January 2016-October 2019
Figure 2.5:    Product Launches by the Key Market Players, January 2016-October 2019
Figure 2.6:    Other Developments
Figure 2.7:    Competitive Benchmarking, 2018
Figure 3.1:    Industry Insights
Figure 3.2:    Status of eVTOL Aircraft
Figure 3.3:    Funding Scenario: Start-Ups in eVTOL Aircraft Market, 2015-2018
Figure 3.4:    eVTOL Aircraft Market: Funding Scenario (by Stakeholders), 2015-2018
Figure 3.5:    Supply Chain Analysis
Figure 5.1:    Classification of Global eVTOL Aircraft Market (by Technology)
Figure 5.2:    Classification of Rotorcraft
Figure 6.1:    Classification of Global eVTOL Aircraft Market (by Component)
Figure 6.2:    Global eVTOL Aircraft Market (Sensors), Value ($Million), 2025-2035
Figure 6.3:    Global eVTOL Aircraft Market (Airframes), Value ($Million), 2025-2035
Figure 6.4:    Global eVTOL Aircraft Market (Camera), Value ($Million), 2025-2035
Figure 6.5:    Global eVTOL Aircraft Market (LIDAR), Value ($Million), 2025-2035
Figure 6.6:    Global eVTOL Aircraft Market (Radar), Value ($Million), 2025-2035
Figure 6.7:    Global eVTOL Aircraft Market (Battery), Value ($Million), 2025-2035
Figure 6.8:    Global eVTOL Aircraft Market (Motor), Value ($Million), 2025-2035
Figure 6.9:    Global eVTOL Aircraft Market (INS/IMU), Value ($Million), 2025-2035
Figure 6.10:    Global eVTOL Aircraft Market (GPS/GNSS), Value ($Million), 2025-2035
Figure 7.1:    Classification of Global eVTOL Aircraft Market (by Energy Source)
Figure 7.2:    Energy Sources of the eVTOL Aircrafts
Figure 8.1:    Classification of Global eVTOL Aircraft Market (by Operation)
Figure 9.1:    Classification of Global eVTOL Aircraft Market (by Application)
Figure 10.1:    Classification of Global eVTOL Aircraft Market (by End User)
Figure 11.1:    Classification of Global eVTOL Aircraft Market (by Infrastructure)
Figure 11.2:    Operational Steps of eVTOL Aircraft Using Vertiports
Figure 11.3:    Impact of Traffic Management System
Figure 12.1:    Classification of Global eVTOL Aircraft Market (by Region)
Figure 13.1:    Share of Key Company Profiles
Figure 13.2:    Airbus S.A.S - Product Offerings
Figure 13.3:    Airbus S.A.S – Overall Financials, 2016-2018
Figure 13.4:    Airbus S.A.S – Revenue by Business Segment, 2016-2018
Figure 13.5:    Airbus S.A.S – Net Revenue by Region, 2016-2018
Figure 13.6:    Airbus S.A.S – Research and Development Expenditure
Figure 13.7:    SWOT Analysis - Airbus S.A.S
Figure 13.8:    Airspace Experience Technologies, Inc. – Product Offerings
Figure 13.9:    SWOT Analysis – Airspace Experience Technologies, Inc.
Figure 13.10:    Aurora Flight Sciences - Product Offerings
Figure 13.11:    SWOT Analysis – Aurora Flight Sciences
Figure 13.12:    Bell Helicopter - Product Offerings
Figure 13.13:    SWOT Analysis – Bell Helicopter
Figure 13.14:    EHANG- Product Offerings
Figure 13.15:    SWOT Analysis – EHANG
Figure 13.16:    Embraer - Product Offerings
Figure 13.17:    Embraer SA: Overall Financials, 2016-2018
Figure 13.18:    Embraer SA: Business Revenue Mix, 2015-2017
Figure 13.19:    Embraer SA: Business Revenue Mix, 2018
Figure 13.20:    SWOT Analysis – Embraer SA
Figure 13.21:    Karem Aircraft, Inc. – Product Offerings
Figure 13.22:    SWOT Analysis – Karem Aircraft, Inc.
Figure 13.23:    Kitty Hawk – Product Offerings
Figure 13.24:    SWOT Analysis – Kitty Hawk
Figure 13.25:    Lilium GmbH – Product Offerings
Figure 13.26:    Lilium GmbH – Product Development Roadmap
Figure 13.27:    SWOT Analysis – Lilium GmbH
Figure 13.28:    Neva Aerospace – Product Offerings
Figure 13.29:    SWOT Analysis – Neva Aerospace
Figure 13.30:    Opener – Product Offerings
Figure 13.31:    SWOT Analysis – Opener
Figure 13.32:    Pipistrel Product Offering
Figure 13.33:    SWOT Analysis – Pipistrel Group
Figure 13.34:    The Boeing Company - Product Offerings
Figure 13.35:    The Boeing Company - Overall Financials, 2016-2018
Figure 13.36:    The Boeing Company - Business Revenue Mix, 2016-2018
Figure 13.37:    The Boeing Company - Region Revenue Mix, 2016-2018
Figure 13.38:    The Boeing Company – R&D Expenditure, 2016-2018
Figure 13.39:    SWOT Analysis – The Boeing Company
Figure 13.40:    Volocopter GmbH – Product Offerings
Figure 13.41:    SWOT Analysis – Volocopter GmbH
Figure 13.42:    Workhorse Group, Inc. – Product Offerings
Figure 13.43:    SWOT Analysis – Workhorse Group, Inc.
Figure 14.1:    Global eVTOL Aircraft Market Segmentation
Figure 14.2:    Global eVTOL Aircraft Market Research Methodology
Figure 14.3:    Secondary Data Sources
Figure 14.4:    Bottom-up and Top-Down Approach
Figure 14.5:    eVTOL Aircraft Market: Influencing Factors
Figure 14.6:    Assumptions and Limitations

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Global Electric VTOL (eVTOL) Aircraft Market – Analysis and Forecast, 2025-2035

Focus on Technology, Components, Operations, Energy Source, Infrastructure, Applications, and End User

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Global Electric VTOL (eVTOL) Aircraft Market – Analysis and Forecast, 2025-2035

5000

A quick peek into the report

Report Description

Key Questions Answered in this Report

Market Overview

Table of Contents

Market Dynamics

Competitive Insights

Industry Analysis

Global Electric VTOL (eVTOL) Aircraft Market

Global Electric VTOL (eVTOL) Aircraft Market (by Technology)

Global Electric VTOL (eVTOL) Aircraft Market (by Component)

Global Electric VTOL (eVTOL) Aircraft Market (by Energy Source)

Global Electric VTOL (eVTOL) Aircraft Market (by Operation)

Global Electric VTOL (eVTOL) Aircraft Market (by Application)

Global Electric VTOL (eVTOL) Aircraft Market (by End User)

Global Electric VTOL Aircraft (eVTOL) Market (by Infrastructure)

Global Electric VTOL (eVTOL) Aircraft Market (by Region)

Company Profiles

Research Scope and BIS Methodology

Appendix

List of Tables

List of Figures

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