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Global Electric Vertical Aircraft Market Growth 2025-2031

Published Jun 05, 2025
Length 110 Pages
SKU # LPI20066655

Description

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).

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).

United States market for Electric Vertical Aircraft is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Electric Vertical Aircraft is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Electric Vertical Aircraft is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Electric Vertical Aircraft players cover BETA Technologies, Joby Aviation, AIREV, Lilium, Wisk, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Electric Vertical Aircraft Industry Forecast” looks at past sales and reviews total world Electric Vertical Aircraft sales in 2024, providing a comprehensive analysis by region and market sector of projected Electric Vertical Aircraft sales for 2025 through 2031. With Electric Vertical Aircraft sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electric Vertical Aircraft industry.

This Insight Report provides a comprehensive analysis of the global Electric Vertical Aircraft landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electric Vertical Aircraft portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Electric Vertical Aircraft market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electric Vertical Aircraft and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electric Vertical Aircraft.

This report presents a comprehensive overview, market shares, and growth opportunities of Electric Vertical Aircraft market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

Fully Electric

Hybrid Power

Segmentation by Application:

Sports Aviation

Personal Entertainment

Public Travel

This report also splits the 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

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.

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?

Please note: The report will take approximately 2 business days to prepare and deliver.

Table of Contents

110 Pages
*This is a tentative TOC and the final deliverable is subject to change.*
1 Scope of the Report
2 Executive Summary
3 Global by Company
4 World Historic Review for Electric Vertical Aircraft by Geographic Region
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Manufacturing Cost Structure Analysis
11 Marketing, Distributors and Customer
12 World Forecast Review for Electric Vertical Aircraft by Geographic Region
13 Key Players Analysis
14 Research Findings and Conclusion
How Do Licenses Work?
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