EVTOL Aircraft Market 2021-2031
New Study Reports ” EVTOL Aircraft Market 2021 Global Opportunities, Challenges, Strategies and Forecasts 2031″ has been Added on PersistenceMarketResearch.
This report provides in depth study of “EVTOL Aircraft Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The EVTOL Aircraft Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.
Drivers and Constraints
The fundamental dynamics that are explored in the report hold substantial influence over the EVTOL Aircraft market. The report further studies on the value, volume trends, and the pricing history of the market. In addition to it, various growth factors, restraints, and opportunities are also analyzed for the market to study the in-depth understanding of the market.
Persistence Market Research analysis projects the global eVTOL aircraft market to expand at an impressive CAGR of more than 21% over the forecast period of 2021-2031.
Electric Vertical Takeoff and Landing (eVTOL) aircraft are capable of vertical takeoff and landing, which is possible through electrification of the lift and thrust provided by automated controls. They are technology enablers for Advanced Aerial Mobility, Urban Aerial Mobility, and Passenger Air Vehicles. In the wake of a green future, these aircraft are emission-free, emit zero noise, safe, affordable, small, precise, fast, quiet, adaptable with most weather conditions, and easy to use and maintain. Across regions, air-taxi services will be the main driver for increasing demand for eVTOL aircraft over the coming years.
The report has profiled some of the Important players prevalent in the global like – Airbus SE, Embraer S.A., The Boeing Company (Aurora Flight Sciences), Volocopter GmbH, EHang Holdings Ltd, Pipistrel d.o.o Ajdovš?ina, Moog, Inc., Bell Textron Inc., Karem Aircraft, Inc., Neva Aerospace, Kitty Hawk Corporation, Opener Inc., Lift Aircraft, Joby Aviation, Lilium GmbH, SkyDrive Inc and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the EVTOL Aircraft.
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EVTOL Aircraft Market
Key Takeaways from Market Study
eVTOL aircraft are gaining prominence as urban mobility is taking shape. In China, currently, such aircraft are being used for cargo transportation, majorly aiming to improve aerial logistics. The market in China is expected to expand at close to 30% CAGR through 2031.
The role played by the FAA-Federal Aviation Administration in laying industry standards such as aircraft airworthiness, flight testing, and certification, for eVTOL aircraft, is pivotal. The U.S. is positioned as the top nation in the global market, with the highest market value share. Demand in the U.S. will increase at over 22% CAGR over the next ten years.
Compared to helicopters and other transport media, eVTOLs provide comparatively better features. They emit least noise, are emissions-free, and have a distributed energy propulsion, enabling improved propulsive efficiency. eVTOLs having maximum takeoff weight below 250 kg are expected to create ample opportunities over the forecast period.
Multirotor & rotorcraft eVTOLs will generate credible growth opportunities in future. These aircraft are suitable for commuting in cities where they can travel between shorter distances.
With rising number of autonomous mobility, UAVs (unmanned aerial vehicles) or pilotless aircraft are expected to dominate the global market share, based on operation.
“The number of civil and commercial end uses of eVTOL aircraft will surge as these gradually replace land transportation over the next few years. Rising aircraft developments and surging investments in the aircraft sector are favoring market growth for eVTOL aircraft,” says a Persistence Market Research analyst.
View Report Table of Contents, Figures, and Tables
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)
EVTOL Aircraft Market Manufacturers
EVTOL Aircraft Market Distributors/Traders/Wholesalers
EVTOL Aircraft Market Subcomponent Manufacturers
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Major Highlights of the EVTOL Aircraft Market Report:
The EVTOL Aircraft Market analysis report offers an in-depth study of the potential market growth opportunities and challenges.
The report dives deeper into the market and explains the dynamic factors bolstering market growth.
The report deeply assesses the current, historical market size, market share, and revenue growth rates to offer accurate market projections for the forecast period.
The report analyzes the EVTOL Aircraft Market presence across major regions of the world.
It determines the production & consumption capacities and demand & supply dynamics of each regional market.
The report further illustrates the intense competition among the key market players and highlights their effective business expansion plans and strategies.
It provides company overview and SWOT analysis of each of the market players.
Key Questions Answered in This Report.
What will the Market growth rate in Future?
What are the key factors driving the global Market?
Who are the key manufacturers in Market space?
What are the opportunities and threats faced by the vendors in the global industry?
What are sales, revenue, and price analysis by regions of industry?
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