The eVTOL aircraft market size is projected to grow from an estimated USD1.2 billion in 2023 to USD 23.4 billion by 2030, at a CAGR of 52.0% during the forecast period, according to a new report from Marketandmarkets “eVTOL Aircraft Market by Lift Technology, Propulsion Type, System (Batteries & Cells, Electric Motors/Engine, Aerostructures, Avionics, Software), Mode of Operation, Application, Mtow, Range and Region – Global Forecast to 2030
The fully electric eVTOL aircraft segment is estimated to account for the largest share of the eVTOL aircraft market in 2023, say the report authors. The autonomous segment accounts for the largest market size during the forecast period.
Europe is projected to be the fastest-growing region in the eVTOL aircraft market during the forecast period.
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