The Market Reports

Synopsis
The global market for eVTOL Aircrafts was estimated to be worth US$ 1480 million in 2024 and is forecast to a readjusted size of US$ 12095 million by 2031 with a CAGR of 35.0% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on eVTOL Aircrafts cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Electric Vertical Takeoff and Landing (eVTOL), whose full English name is electric vertical Takeoff and landing, is a new type of aircraft driven by electricity and capable of Vertical Takeoff and Landing. It combines the flight principle of unmanned aerial vehicles (UAVs) with traditional aviation design concepts, featuring high maneuverability and efficiency. It is suitable for fields such as urban transportation, medical transportation, logistics distribution, and tourism.
The core features of eVTOL include:
Electric drive: Utilizing batteries as the power source, compared with traditional fuel-driven methods, it significantly reduces carbon emissions, lowers noise pollution, and has lower maintenance costs.
Vertical takeoff and landing capability: It can take off and land without traditional runways, making it suitable for air traffic operations in urban or complex terrain environments.
Multi-rotor, compound wing or tiltrotor design: According to the flight principle, eVTOL can be classified into three types: multi-rotor, compound wing and tiltrotor.
Policy support promotes the commercialization process
The Chinese government attaches great importance to the development of the low-altitude economy and has introduced a series of supportive policies, aiming to promote the commercialization process of low-altitude manned aircraft.
The application scenarios are constantly expanding
The application scenarios of eVTOL are very extensive, including:
Urban air mobility (UAM) : As a future urban commuting tool, it alleviates the pressure on ground transportation.
Medical transportation: Providing rapid and efficient air medical assistance in emergency situations.
Logistics and distribution: Achieve efficient transportation for medium and short-distance logistics.
Tourism and sightseeing: Offering low-altitude tourism experiences.
Fire rescue: Provide rapid response in emergency situations such as fires and natural disasters.
Technological progress drives the development of industries
With the continuous improvement of battery technology, motor efficiency and artificial intelligence technology, the range, load capacity and safety of eVTOL have been significantly enhanced. For instance, advancements in battery technology have enabled eVTOL to achieve longer flight times, while improvements in motor efficiency have reduced energy consumption and operational costs.
Challenges and Risks
Although the eVTOL industry has a promising future, it also faces some challenges:
Airworthiness certification: Currently, the airworthiness certification for eVTOL is still in its early stages and requires more time and resources to complete.
Infrastructure construction: The popularization of eVTOL requires supporting take-off and landing platforms, charging facilities and air traffic management systems.
Public acceptance: The public still has doubts about the safety and reliability of eVTOL, and trust needs to be enhanced through publicity and practical application.
Electric vertical take-off and landing aircraft (eVTOL), as a new type of air transportation vehicle, has broad application prospects and huge market potential. With the advancement of technology and the support of policies, the eVTOL industry is developing rapidly and is expected to experience a commercial explosion period in the coming years. However, the industry still needs to overcome challenges in areas such as airworthiness certification, infrastructure construction and public acceptance to achieve sustainable development.
This report aims to provide a comprehensive presentation of the global market for eVTOL Aircrafts, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of eVTOL Aircrafts by region & country, by Type, and by Application.
The eVTOL Aircrafts market size, estimations, and forecasts are provided in terms of sales volume (Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding eVTOL Aircrafts.
Market Segmentation
By Company
Ehang
Xiaopeng
AutoFlight
TCab Tech
AEROFUGIA
VERTAXI
Volant
ZEROG
Joby Aviation
Lilium
Volocopter
Wisk Aero
Archer Aviation
Vertical Aerospace
Beta Technologies
Alef Aeronautics
Uber Elevate
Segment by Type
Electric
Hydrogen Fuel Cell
Hybrid
Segment by Principles of Flight
Multi-rotor Type
Composite Airfoil
Tilting Rotor Type
Segment by Application
Air Tour
Medical Emergency Transportation
Logistics Transportation
Transit
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of eVTOL Aircrafts manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of eVTOL Aircrafts in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of eVTOL Aircrafts in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Index