The “Global Electric VTOL (eVTOL) Aircraft Market: Focus on Technology, Components, Operations, Energy Source, Infrastructure, Applications, and End User – Analysis and Forecast, 2025-2035” report was released on Friday by Research and Markets, a report that projects the market to grow at a significant CAGR of 13.75% during the forecast period from 2025 to 2035.
The report argues that the North America region is expected to dominate the global eVTOL aircraft market in 2025, whereas Asia-Pacific is expected to have the highest growth rate during the forecast period.
Additionally, the report indicates that from 2025, the market is expected to begin particularly in the megacities, including the U.S., Germany, France, Singapore, Dubai, and others, since the systems are under testing at various locations, which is surprising and a confirmation of previously known calculations on the economy of scale of aerial mobility applications.
The report hypothesizes that the U.S. is one of the most prominent countries with a potential for the growth of the global eVTOL aircraft market. In 2025, the U.S. is expected to dominate the global eVTOL aircraft market, acquiring the maximum market share, globally. However, the geographical analysis of this market unveils an immense potential for its growth in the Asia-Pacific region as well.
Additionally, R&M continues to expound on why China is expected to acquire the largest market share, and Singapore is expected to witness the highest growth rate in this region during the period 2025-2035. Similarly, the Europe market is also likely to witness numerous growth opportunities during the forecast period.
Scope of the Report
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.
- 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.
Additionally, the report highlighted a select consortium of high-performing aerial mobility companies, a shortlist of the aerial mobility industry:
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.
Why it’s important: This report showcases the global reach of the aerial mobility industry and also highlights some of the key trends that are already taking hold in terms of geographical development of industry and the pain points that are encountered on local and large scales. While this report makes a number of assertions that indicate a very rapid growth of the market, TransportUP encourages cross-referencing information and assumptions incorporated in any prospectus to the greatest degree possible.
Jaunt Air Mobility should have been included in this story. Jaunt is the only UAM player with proven technology and validated by Tier 1 aviation partners. Martin Peryea CTO with 30 years of experience and 5 aircraft certified under his watch would be happy to discuss the technology and connect you to our partners Triumph Aerospace, Honeywell and BAE. Check out our new website and watch for our technology demonstrator video to be posted soon.