Global eVTOL Aircraft Market 2023-2027

Description

List of Tables

Technavio has been monitoring the eVTOL aircraft market and is forecast to grow by $5433.3 mn during 2022-2027, accelerating at a CAGR of 39.53% during the forecast period. Our report on the eVTOL aircraft market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by demand for enhanced customer service, increasing requirement for clean and quiet aircraft, and increasing use of eVTOL aircraft for military applications.

Technavio's eVTOL aircraft market is segmented as below:

By Application

Cargo
Passengers

By Technology

Lift plus cruise
Multirotor
Vectored thrust

By Geography

Europe
North America
APAC
Middle East and Africa
South America

This study identifies the increasing potential of eVTOL in various industries as one of the prime reasons driving the eVTOL aircraft market growth during the next few years. Also, development of drone infrastructure and increase in funding received by eVTOL aircraft manufacturers will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the eVTOL aircraft market covers the following areas:

eVTOL aircraft market sizing
eVTOL aircraft market forecast
eVTOL aircraft market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading eVTOL aircraft market vendors that include Airbus SE, ARC Aerosystems, Archer Aviation Inc., BETA Technologies Inc., EHang Holdings Ltd., Elbit Systems Ltd., Elroy Air, Embraer SA, Joby Aviation Inc., Karem Aircraft Inc., Lilium GmbH, Moog Inc., SkyDrive Inc., Textron Inc., The Boeing Co., Urban Aeronautics, Vertical Aerospace Group Ltd., Volocopter GmbH, Wisk Aero LLC, and Zhejiang Geely Holding Group Co. Ltd. Also, the eVTOL aircraft market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR71942

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market by Geography
Exhibit 05: Executive Summary - Chart on Market Segmentation by Application
Exhibit 06: Executive Summary - Chart on Market Segmentation by Technology
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global eVTOL aircraft market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on Global eVTOL aircraft market 2017 - 2021 ($ million)
4.2 Application Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Application Segment 2017 - 2021 ($ million)
4.3 Technology Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - Technology Segment 2017 - 2021 ($ million)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Application

6.1 Market segments
Exhibit 30: Chart on Application - Market share 2022-2027 (%)
Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
6.2 Comparison by Application
Exhibit 32: Chart on Comparison by Application
Exhibit 33: Data Table on Comparison by Application
6.3 Cargo - Market size and forecast 2022-2027
Exhibit 34: Chart on Cargo - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Data Table on Cargo - Market size and forecast 2022-2027 ($ million)
Exhibit 36: Chart on Cargo - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Cargo - Year-over-year growth 2022-2027 (%)
6.4 Passengers - Market size and forecast 2022-2027
Exhibit 38: Chart on Passengers - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Data Table on Passengers - Market size and forecast 2022-2027 ($ million)
Exhibit 40: Chart on Passengers - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Passengers - Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by Application
Exhibit 42: Market opportunity by Application ($ million)

7 Market Segmentation by Technology

7.1 Market segments
Exhibit 43: Chart on Technology - Market share 2022-2027 (%)
Exhibit 44: Data Table on Technology - Market share 2022-2027 (%)
7.2 Comparison by Technology
Exhibit 45: Chart on Comparison by Technology
Exhibit 46: Data Table on Comparison by Technology
7.3 Lift plus cruise - Market size and forecast 2022-2027
Exhibit 47: Chart on Lift plus cruise - Market size and forecast 2022-2027 ($ million)
Exhibit 48: Data Table on Lift plus cruise - Market size and forecast 2022-2027 ($ million)
Exhibit 49: Chart on Lift plus cruise - Year-over-year growth 2022-2027 (%)
Exhibit 50: Data Table on Lift plus cruise - Year-over-year growth 2022-2027 (%)
7.4 Multirotor - Market size and forecast 2022-2027
Exhibit 51: Chart on Multirotor - Market size and forecast 2022-2027 ($ million)
Exhibit 52: Data Table on Multirotor - Market size and forecast 2022-2027 ($ million)
Exhibit 53: Chart on Multirotor - Year-over-year growth 2022-2027 (%)
Exhibit 54: Data Table on Multirotor - Year-over-year growth 2022-2027 (%)
7.5 Vectored thrust - Market size and forecast 2022-2027
Exhibit 55: Chart on Vectored thrust - Market size and forecast 2022-2027 ($ million)
Exhibit 56: Data Table on Vectored thrust - Market size and forecast 2022-2027 ($ million)
Exhibit 57: Chart on Vectored thrust - Year-over-year growth 2022-2027 (%)
Exhibit 58: Data Table on Vectored thrust - Year-over-year growth 2022-2027 (%)
7.6 Market opportunity by Technology
Exhibit 59: Market opportunity by Technology ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 61: Chart on Market share by geography 2022-2027 (%)
Exhibit 62: Data Table on Market share by geography 2022-2027 (%)
9.2 Geographic comparison
Exhibit 63: Chart on Geographic comparison
Exhibit 64: Data Table on Geographic comparison
9.3 Europe - Market size and forecast 2022-2027
Exhibit 65: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 66: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 67: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 68: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.4 North America - Market size and forecast 2022-2027
Exhibit 69: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 70: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 71: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 72: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.5 APAC - Market size and forecast 2022-2027
Exhibit 73: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 74: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 75: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.6 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 77: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 78: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 79: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 80: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.7 South America - Market size and forecast 2022-2027
Exhibit 81: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 82: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 83: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 84: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.8 US - Market size and forecast 2022-2027
Exhibit 85: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 86: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)
9.9 Germany - Market size and forecast 2022-2027
Exhibit 89: Chart on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 90: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 91: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 92: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.10 France - Market size and forecast 2022-2027
Exhibit 93: Chart on France - Market size and forecast 2022-2027 ($ million)
Exhibit 94: Data Table on France - Market size and forecast 2022-2027 ($ million)
Exhibit 95: Chart on France - Year-over-year growth 2022-2027 (%)
Exhibit 96: Data Table on France - Year-over-year growth 2022-2027 (%)
9.11 UK - Market size and forecast 2022-2027
Exhibit 97: Chart on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 98: Data Table on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 99: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibit 100: Data Table on UK - Year-over-year growth 2022-2027 (%)
9.12 China - Market size and forecast 2022-2027
Exhibit 101: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibit 102: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibit 103: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 104: Data Table on China - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity by geography
Exhibit 105: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 106: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 107: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 108: Overview on factors of disruption
11.4 Industry risks
Exhibit 109: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 110: Vendors covered
12.2 Market positioning of vendors
Exhibit 111: Matrix on vendor position and classification
12.3 Airbus SE
Exhibit 112: Airbus SE - Overview
Exhibit 113: Airbus SE - Business segments
Exhibit 114: Airbus SE - Key news
Exhibit 115: Airbus SE - Key offerings
Exhibit 116: Airbus SE - Segment focus
12.4 ARC Aerosystems
Exhibit 117: ARC Aerosystems - Overview
Exhibit 118: ARC Aerosystems - Product / Service
Exhibit 119: ARC Aerosystems - Key offerings
12.5 Archer Aviation Inc.
Exhibit 120: Archer Aviation Inc. - Overview
Exhibit 121: Archer Aviation Inc. - Product / Service
Exhibit 122: Archer Aviation Inc. - Key offerings
12.6 EHang Holdings Ltd.
Exhibit 123: EHang Holdings Ltd. - Overview
Exhibit 124: EHang Holdings Ltd. - Product / Service
Exhibit 125: EHang Holdings Ltd. - Key news
Exhibit 126: EHang Holdings Ltd. - Key offerings
12.7 Elbit Systems Ltd.
Exhibit 127: Elbit Systems Ltd. - Overview
Exhibit 128: Elbit Systems Ltd. - Product / Service
Exhibit 129: Elbit Systems Ltd. - Key offerings
12.8 Embraer SA
Exhibit 130: Embraer SA - Overview
Exhibit 131: Embraer SA - Business segments
Exhibit 132: Embraer SA - Key offerings
Exhibit 133: Embraer SA - Segment focus
12.9 Joby Aviation Inc.
Exhibit 134: Joby Aviation Inc. - Overview
Exhibit 135: Joby Aviation Inc. - Product / Service
Exhibit 136: Joby Aviation Inc. - Key offerings
12.10 Lilium GmbH
Exhibit 137: Lilium GmbH - Overview
Exhibit 138: Lilium GmbH - Product / Service
Exhibit 139: Lilium GmbH - Key offerings
12.11 Moog Inc.
Exhibit 140: Moog Inc. - Overview
Exhibit 141: Moog Inc. - Business segments
Exhibit 142: Moog Inc. - Key offerings
Exhibit 143: Moog Inc. - Segment focus
12.12 Textron Inc.
Exhibit 144: Textron Inc. - Overview
Exhibit 145: Textron Inc. - Business segments
Exhibit 146: Textron Inc. - Key news
Exhibit 147: Textron Inc. - Key offerings
Exhibit 148: Textron Inc. - Segment focus
12.13 The Boeing Co.
Exhibit 149: The Boeing Co. - Overview
Exhibit 150: The Boeing Co. - Business segments
Exhibit 151: The Boeing Co. - Key news
Exhibit 152: The Boeing Co. - Key offerings
Exhibit 153: The Boeing Co. - Segment focus
12.14 Urban Aeronautics
Exhibit 154: Urban Aeronautics - Overview
Exhibit 155: Urban Aeronautics - Product / Service
Exhibit 156: Urban Aeronautics - Key offerings
12.15 Vertical Aerospace Group Ltd.
Exhibit 157: Vertical Aerospace Group Ltd. - Overview
Exhibit 158: Vertical Aerospace Group Ltd. - Product / Service
Exhibit 159: Vertical Aerospace Group Ltd. - Key offerings
12.16 Volocopter GmbH
Exhibit 160: Volocopter GmbH - Overview
Exhibit 161: Volocopter GmbH - Product / Service
Exhibit 162: Volocopter GmbH - Key offerings
12.17 Zhejiang Geely Holding Group Co. Ltd.
Exhibit 163: Zhejiang Geely Holding Group Co. Ltd. - Overview
Exhibit 164: Zhejiang Geely Holding Group Co. Ltd. - Product / Service
Exhibit 165: Zhejiang Geely Holding Group Co. Ltd. - Key news
Exhibit 166: Zhejiang Geely Holding Group Co. Ltd. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 167: Inclusions checklist
Exhibit 168: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 169: Currency conversion rates for US$
13.4 Research methodology
Exhibit 170: Research methodology
Exhibit 171: Validation techniques employed for market sizing
Exhibit 172: Information sources
13.5 List of abbreviations
Exhibit 173: List of abbreviations