Global Electric Vertical Aircraft Market Growth 2025-2031
The global Electric Vertical Aircraft market size is predicted to grow from US$ 16710 million in 2025 to US$ 40450 million in 2031; it is expected to grow at a CAGR of 15.9% from 2025 to 2031.
An eVTOL is an Electric Vertical Take-Off and Landing Vehicle. Vertical Take-Off vehicles do not require an extended runway to fly. These vehicles can land in your yard or driveway as well as designated parking lots and vertiports. An electric vertical take-off and landing (eVTOL) aircraft uses electric power to hover, take off, and land vertically. This technology came about thanks to major advances in electric propulsion (motors, batteries, fuel cells, electronic controllers) and the growing need for new vehicles for urban air mobility (air taxi).
Key Features
- Projected market growth from US$ 16710 million in 2025 to US$ 40450 million by 2031.
- CAGR of 15.9% forecasted from 2025 to 2031.
Segmentation by Type
- Fully Electric
- Hybrid Power
Segmentation by Application
- Sports Aviation
- Personal Entertainment
- Public Travel
Market by Region
- Americas: United States, Canada, Mexico, Brazil
- APAC: China, Japan, Korea, Southeast Asia, India, Australia
- Europe: Germany, France, UK, Italy, Russia
- Middle East & Africa: Egypt, South Africa, Israel, Turkey, GCC Countries
Company Coverage
- BETA Technologies
- Joby Aviation
- AIREV
- Lilium
- Wisk
- Jetson AB
- ZEVA Aero
- Vertical Aerospace
- EVE
- Archer Aviation
- Volocopter
- ASKA Drive & Fly Vehicle
- Geely
- AirCar Corp
Key Questions Addressed in this Report
- What is the 10-year outlook for the global Electric Vertical Aircraft market?
- What factors are driving Electric Vertical Aircraft market growth, globally and by region?
- Which technologies are poised for the fastest growth by market and region?
- How do Electric Vertical Aircraft market opportunities vary by end market size?
- How does Electric Vertical Aircraft break out by Type, by Application?
Frequently Asked Questions
Electric Vertical Aircraft report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Electric Vertical Aircraft report is categorised based on following features:
- Global Market Players
- Geopolitical regions
- Consumer Insights
- Technological advancement
- Historic and Future Analysis of the Market
Electric Vertical Aircraft report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.