Electric Vertical Take-Off and Landing (VTOL) Vehicle Market Synopsis
Electric Vertical Take-Off and Landing (VTOL) Vehicle Market Size Was Valued at USD 1.21 Billion in 2023, and is Projected to Reach USD 63.65 Billion by 2032, Growing at a CAGR of 55.3% From 2024-2032.
An Electric VTOL aircraft is designed to give you off vertically like a helicopter but flies like a plane horizontally. Different from fixed-wing or propeller-driven planes, VTOL systems need no runway to take off or touch down, thus they are ideal for use in the cities and other miniature areas. They utilizes electric propulsion technology, which brings benefits like lower emissions, fuel economy and less noise hugely contrasts with the conventional internal combustion engines. VTOL vehicles would be able to fulfill many diverse objectives, for instance, passenger carriage in cities, cargoes delivery, and military purposes.
- The massive increase of interest for the electric Vertical Take-Off and Landing (VTOL) vehicles is the result of emergence and development of electric propulsion, better batteries, and autonomous systems. These type of cars that is capable vertical take off and landing like helicopters and moreover they are silent , and environmentally friendly can change the mobility in the urban areas, logistics sector and even the transportation of single user. The advantage of vertical take-off and landing aircraft over conventional planes not only relates to quietness, cleanliness, and cheaper operations, which form the key driver of their popularity among both established aerospace companies and startups.
- KEY stakeholders are investing a large amount of money to research and technologically develop solutions to the existing technological issues as well as regulatory dilemmas, which is aimed at bringing the VTOLs to the market to for the purpose of passenger and freight transportation and in case of emergency services. With car traffic jam more and more critical and the need for the environment becoming dominant the VTOL electric market can become more and more important in the future transportation revolution
- The electric VTOL industry is, on the other hand, becoming a factor in the other sectors like tourism as well as photography & building surveying. They bring along exceptional mobility and climbability, and they serve as the ideal tool for industries like film making, or utility maintenance as they tend to be delivered in remote or hard-to-reach areas.
- The integration of VTOLs within the existing air traffic control system is a basic principle, hence collaboration between all players in the sector and regulatory bodies is critical for achieving safest and efficient missions within the same airspace. Investment will bring VTOL technology to tease with production of vertiports and charging stations, these critical features of expanding market to open opportunities for the coming years for the whole industry that will change essentially our habits, the way we think about air travel and transportation.
Electric Vertical Take-Off and Landing (VTOL) Vehicle Market Trend Analysis
Urban Air Mobility (UAM) Integration Accelerates VTOL Adoption
- While the urban air mobility, UAM, is getting an increasing implementation and this is due to the fact the easy hovering aircrafts, eVTOL, are generally using the market. It is understandable to see this growth unfold because of the fact that there are recent technological advancements, as well as governmental support for renewable energy and customer demand for smart city transportation which is effective.
- Space of VTOOLs is vast than old fashion vehicles because they have longer range, speedier traveling time and consequently less emission. The manufacturers in the aerospace and transportation sectors therefore put a lot of effort in funding the VTOL Technology, which not only focuses on bringing these vehicles to implementation but it also sparks innovation.
- The consortiums between the sector players and the government regulatory agencies are enabling the building of the desired infrastructure and appropriate policies necessary for the operation of surfaces UAM. The VTOL industry will keep on growing coupled with a means of advancement in technology, which will in return foster great improvements in transportation and, consequently, usher in the future of mobility.
Cargo Transport and Logistics
- The Cargo Transport and Logistics Electric Vertical Take-Off and Landing (VTOL) Vehicle market is enjoying an influx in enthusiasm and its many investment opportunities with the ability to disrupt the traditional transportation and logistics sectors of cities.
- These electric VTOL are vehicles offer a truly fresh prospect for coping with the overcrowded streets of the cities and traditional ways of transport that do not work efficiently, and they can be a very promising solution for this issue. The aspect that they can lift-up and land vertically in their capability stands in the way of traffic and deliver cargo at a speedy pace to rural areas.
- Moreover, their electric propulsion systems imply making them friendly to the environment and cost-effective transport alternatives for traditional fuel-powered aircraft.
- Thus, many different companies and firms are moving at the speedlight to design the platform by which these vehicles will be realized and the market itself is likely to increase exponentially over the few years. Even though, the periodic breakdowns caused by regulatory barriers, the infrastructure facilities, pipeline networks, and the safety issues still lie ahead of the path.
- Notwithstanding these difficulties, the Cargo Transport and Logistics Electronic Vertical Take-off and Landing Vehicle markets offers a great avenue for this sector to be all transformed with a more urban and efficient mode of transportation in the foreseeable future.
Electric Vertical Take-Off and Landing (VTOL) Vehicle Market Segment Analysis:
Electric Vertical Take-Off and Landing (VTOL) Vehicle Market Segmented based on Type, Application and Maximum takeoff weight.
By Vehicle Type, Multi-rotor segment is expected to dominate the market during the forecast period
- The Electric Vertical Take-Off and Landing (VTOL) Vehicle Market by type, two predominant categories emerge: Among them are the different Fixed-Wing and Multi-rotor configurations.
- Fixed-wing VTOL usually presents a conventional airplane design featuring a wing frame that gets rid of the machinery, making such vehicles efficient and suit an attempt at longer distances. Such models avoid melee and usually fight at long range, making them suitable for a wide range of operations such as carrying the cargo and providing the overwatch.
- However, multi-rotor VTOLs, represented by the multiple rotors, have the advantages of maneuverabillity, and can also takeoff and cruise LVT. Such unmanned vehicles are very fit tasks where dexterity and precision are required.
- Example - operating urban air mobility, as well as services in confined or congested sites like inspection services. In all kinds of the industry, the types show their fame. Transportation, Logistics and defense are the examples where these types are revealed.
- What is known with time as the demand for efficient and flexible aerial solutions keeps growing, both Fixed-Wing and Multi-rotor VTOL vehicle are assigned a role to play in making the future of aviation.
By Maximum takeoff weight, 25-170 Kilograms segment held the largest share of XX% in 2023
- The Electric Vertical Take-Off and Landing (VTOL) vehicle market can be segmented based on maximum takeoff weight into three categories: below 25 kg, 25 to 170 kg, and above 170 kg for weight range. The VTOL drones with the maximum takeoff weight of less than 25 kg can perform photography missions, surveillance tasks and indoor flights, if the hobby is taking their fancy. This part of the industry focuses on creating light and streamlined vehicles capable of accomplishing their missions within relatively short distances, which is also one of the reasons why this niche became popular.
- In the 25-170 kg class the VTOLs vehicles start to be diverse which supply different applications for commercial and industrial use. These involve nano-drones, automated agricultural sprayers, and medium to small-scale transport systems. Conversely to this, vehicles concerned are in possession of high load capabilities and far distances reached, compared to those of smaller-sized ones. These vehicles are widely used in e-commerce, crop production, and emergency rescues, jobs where the automation costs money and time to respond effectively.
- The over 170 kilograms piece of the pie is the big end, come with the better strength VTOL and serves the heavier duty purposes. There are multiple ways in which increasing use of drone technology can be accomplished. The bigger payload capacities and flight endurance with a long duration are the aims of these vehicles that strive to change the dynamics of urban transportation and logistics by offering efficient, environmental solutions to substitute the usual modes of transit. Top of that, legal issues and infrastructure development are the key barriers that hinder in-depth penetration of this niche transportation.
Electric Vertical Take-Off and Landing (VTOL) Vehicle Market Regional Insights:
North America is Expected to Dominate the Market Over the Forecast period
- North America is set to uphold its command in the Dominion of the Electric Vertical Take-Off and Landing (VTOL) vehicle trend. This district, in essence, takes pride in growth of some factors including: strong investment in research and development, conducive regulatory regimes as well as prosperous ecosystem comprising of aerospace and technology firms.
- The North America, in particular, maintains a strategic edge in many areas of infrastructure and technology and thus offers supportive grounds for innovation and broadening the usage of VTOL-driven aircrafts in something such as urban air mobility, cargo transportation, and military missions.
- Also, significant amounts of notable market players as well as the timely strategic partnerships constantly reinforce North America's superiority on the electric VTOL marketplace. Therefore, as these developments keep coming and demand increases, North America will keep on as active spearhead of the industry, paving the way for a growth and shaping the future of air transportation globally.
Active Key Players in the Electric Vertical Take-Off and Landing (VTOL) Vehicle Market
- Turkish Aerospace Industries Inc
- IdeaForge
- Schiebel Elektronische Gerate GmbH
- Israel Aerospace Industries Ltd
- Boeing Company
- Textron Inc
- Saab Group
- AeroVironment Inc
- Lockheed Martin Corporation
- DJI Innovations
- Latitude Engineering
- Northrop Grumman Corporation
- Other Key Players
Key Industry Developments in the Electric Vertical Take-Off and Landing (VTOL) Vehicle Market
- United Parcel Service (UPS) announced the testing of electric vertical take-off and landing aircraft (eVTOLS) for package delivery in April'2022. The company plans to test the 10 Evtol Purchased from Beta Technologies (Beta) for the use in its Express Air Delivery network. These are set to be delivered to UPS in 2024 after receiving the certification from the Federal Aviation Administration (FAA).
Global Electric Vertical Take-Off and Landing (VTOL) Vehicle Market |
|||
Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 1.88 Bn. |
Forecast Period 2024-32 CAGR: |
55.3% |
Market Size in 2032: |
USD 63.65 Bn. |
Segments Covered: |
By Type |
|
|
By Application |
|
||
By Maximum takeoff weight |
|
||
By Region |
|
||
Key Market Drivers: |
|
||
Key Market Restraints: |
|
||
Key Opportunities: |
|
||
Companies Covered in the report: |
|
- INTRODUCTION
- RESEARCH OBJECTIVES
- RESEARCH METHODOLOGY
- RESEARCH PROCESS
- SCOPE AND COVERAGE
- Market Definition
- Key Questions Answered
- MARKET SEGMENTATION
- EXECUTIVE SUMMARY
- MARKET OVERVIEW
- GROWTH OPPORTUNITIES BY SEGMENT
- MARKET LANDSCAPE
- PORTER’S FIVE FORCES ANALYSIS
- Bargaining Power Of Supplier
- Threat Of New Entrants
- Threat Of Substitutes
- Competitive Rivalry
- Bargaining Power Among Buyers
- INDUSTRY VALUE CHAIN ANALYSIS
- MARKET DYNAMICS
- Drivers
- Restraints
- Opportunities
- Challenges
- MARKET TREND ANALYSIS
- REGULATORY LANDSCAPE
- PESTLE ANALYSIS
- PRICE TREND ANALYSIS
- PATENT ANALYSIS
- TECHNOLOGY EVALUATION
- MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
- Geopolitical Market Disruptions
- Supply Chain Disruptions
- Instability in Emerging Markets
- ECOSYSTEM
- PORTER’S FIVE FORCES ANALYSIS
- ELECTRIC VERTICAL TAKE-OFF AND LANDING (VTOL) VEHICLE MARKET BY TYPE (2017-2032)
- ELECTRIC VERTICAL TAKE-OFF AND LANDING (VTOL) VEHICLE MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- FIXED-WING
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2017 – 2032F)
- Historic And Forecasted Market Size in Volume (2017 – 2032F)
- Key Market Trends, Growth Factors And Opportunities
- Geographic Segmentation Analysis
- MULTI-ROTOR
- ELECTRIC VERTICAL TAKE-OFF AND LANDING (VTOL) VEHICLE MARKET BY APPLICATION (2017-2032)
- ELECTRIC VERTICAL TAKE-OFF AND LANDING (VTOL) VEHICLE MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- MILITARY
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2017 – 2032F)
- Historic And Forecasted Market Size in Volume (2017 – 2032F)
- Key Market Trends, Growth Factors And Opportunities
- Geographic Segmentation Analysis
- GOVERNMENT
- COMMERCIAL
- ELECTRIC VERTICAL TAKE-OFF AND LANDING (VTOL) VEHICLE MARKET BY MAXIMUM TAKEOFF WEIGHT (2017-2032)
- ELECTRIC VERTICAL TAKE-OFF AND LANDING (VTOL) VEHICLE MARKET SNAPSHOT AND GROWTH ENGINE
- MARKET OVERVIEW
- < 25 KILOGRAMS
- Introduction And Market Overview
- Historic And Forecasted Market Size in Value (2017 – 2032F)
- Historic And Forecasted Market Size in Volume (2017 – 2032F)
- Key Market Trends, Growth Factors And Opportunities
- Geographic Segmentation Analysis
- 25-170 KILOGRAMS
- > 170 KILOGRAMS
- COMPANY PROFILES AND COMPETITIVE ANALYSIS
- COMPETITIVE LANDSCAPE
- Competitive Positioning
- Electric Vertical Take-Off and Landing (VTOL) Vehicle Market Share By Manufacturer (2023)
- Industry BCG Matrix
- Heat Map Analysis
- Mergers & Acquisitions
- TURKISH AEROSPACE INDUSTRIES INC
- Company Overview
- Key Executives
- Company Snapshot
- Role of the Company in the Market
- Sustainability and Social Responsibility
- Operating Business Segments
- Product Portfolio
- Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
- Key Strategic Moves And Recent Developments
- SWOT Analysis
- IDEAFORGE
- SCHIEBEL ELEKTRONISCHE GERATE GMBH
- ISRAEL AEROSPACE INDUSTRIES LTD
- BOEING COMPANY
- TEXTRON INC
- SAAB GROUP
- AEROVIRONMENT INC
- LOCKHEED MARTIN CORPORATION
- DJI INNOVATIONS
- LATITUDE ENGINEERING
- NORTHROP GRUMMAN CORPORATION
- COMPETITIVE LANDSCAPE
- GLOBAL ELECTRIC VERTICAL TAKE-OFF AND LANDING (VTOL) VEHICLE MARKET BY REGION
- OVERVIEW
- NORTH AMERICA
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Type
- Historic And Forecasted Market Size By Application
- Historic And Forecasted Market Size By Maximum takeoff weight
- Historic And Forecasted Market Size By Country
- USA
- Canada
- Mexico
- EASTERN EUROPE
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Russia
- Bulgaria
- The Czech Republic
- Hungary
- Poland
- Romania
- Rest Of Eastern Europe
- WESTERN EUROPE
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Germany
- United Kingdom
- France
- The Netherlands
- Italy
- Spain
- Rest Of Western Europe
- ASIA PACIFIC
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- China
- India
- Japan
- South Korea
- Malaysia
- Thailand
- Vietnam
- The Philippines
- Australia
- New-Zealand
- Rest Of APAC
- MIDDLE EAST & AFRICA
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Turkey
- Bahrain
- Kuwait
- Saudi Arabia
- Qatar
- UAE
- Israel
- South Africa
- SOUTH AMERICA
- Key Market Trends, Growth Factors And Opportunities
- Key Manufacturers
- Historic And Forecasted Market Size By Segments
- Historic And Forecasted Market Size By Country
- Brazil
- Argentina
- Rest of South America
- INVESTMENT ANALYSIS
- ANALYST VIEWPOINT AND CONCLUSION
- Recommendations and Concluding Analysis
- Potential Market Strategies
Global Electric Vertical Take-Off and Landing (VTOL) Vehicle Market |
|||
Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 1.88 Bn. |
Forecast Period 2024-32 CAGR: |
55.3% |
Market Size in 2032: |
USD 63.65 Bn. |
Segments Covered: |
By Type |
|
|
By Application |
|
||
By Maximum takeoff weight |
|
||
By Region |
|
||
Key Market Drivers: |
|
||
Key Market Restraints: |
|
||
Key Opportunities: |
|
||
Companies Covered in the report: |
|
LIST OF TABLES
TABLE 001. EXECUTIVE SUMMARY
TABLE 002. ELECTRIC VERTICAL TAKE-OFF AND LANDING (VTOL) VEHICLE MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. ELECTRIC VERTICAL TAKE-OFF AND LANDING (VTOL) VEHICLE MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. ELECTRIC VERTICAL TAKE-OFF AND LANDING (VTOL) VEHICLE MARKET COMPETITIVE RIVALRY
TABLE 005. ELECTRIC VERTICAL TAKE-OFF AND LANDING (VTOL) VEHICLE MARKET THREAT OF NEW ENTRANTS
TABLE 006. ELECTRIC VERTICAL TAKE-OFF AND LANDING (VTOL) VEHICLE MARKET THREAT OF SUBSTITUTES
TABLE 007. ELECTRIC VERTICAL TAKE-OFF AND LANDING (VTOL) VEHICLE MARKET BY TYPE
TABLE 008. FIXED-WING MARKET OVERVIEW (2016-2028)
TABLE 009. MULTI-ROTOR MARKET OVERVIEW (2016-2028)
TABLE 010. ELECTRIC VERTICAL TAKE-OFF AND LANDING (VTOL) VEHICLE MARKET BY APPLICATION
TABLE 011. MILITARY MARKET OVERVIEW (2016-2028)
TABLE 012. GOVERNMENT MARKET OVERVIEW (2016-2028)
TABLE 013. COMMERCIAL MARKET OVERVIEW (2016-2028)
TABLE 014. ELECTRIC VERTICAL TAKE-OFF AND LANDING (VTOL) VEHICLE MARKET BY MAXIMUM TAKEOFF WEIGHT
TABLE 015. < 25 KILOGRAMS MARKET OVERVIEW (2016-2028)
TABLE 016. 25-170 KILOGRAMS MARKET OVERVIEW (2016-2028)
TABLE 017. > 170 KILOGRAMS MARKET OVERVIEW (2016-2028)
TABLE 018. ELECTRIC VERTICAL TAKE-OFF AND LANDING (VTOL) VEHICLE MARKET BY RANGE
TABLE 019. BEYOND LINE OF SIGHT MARKET OVERVIEW (2016-2028)
TABLE 020. VISUAL LINE OF SIGHT MARKET OVERVIEW (2016-2028)
TABLE 021. EXTENDED VISUAL LINE OF SIGHT MARKET OVERVIEW (2016-2028)
TABLE 022. NORTH AMERICA ELECTRIC VERTICAL TAKE-OFF AND LANDING (VTOL) VEHICLE MARKET, BY TYPE (2016-2028)
TABLE 023. NORTH AMERICA ELECTRIC VERTICAL TAKE-OFF AND LANDING (VTOL) VEHICLE MARKET, BY APPLICATION (2016-2028)
TABLE 024. NORTH AMERICA ELECTRIC VERTICAL TAKE-OFF AND LANDING (VTOL) VEHICLE MARKET, BY MAXIMUM TAKEOFF WEIGHT (2016-2028)
TABLE 025. NORTH AMERICA ELECTRIC VERTICAL TAKE-OFF AND LANDING (VTOL) VEHICLE MARKET, BY RANGE (2016-2028)
TABLE 026. N ELECTRIC VERTICAL TAKE-OFF AND LANDING (VTOL) VEHICLE MARKET, BY COUNTRY (2016-2028)
TABLE 027. EUROPE ELECTRIC VERTICAL TAKE-OFF AND LANDING (VTOL) VEHICLE MARKET, BY TYPE (2016-2028)
TABLE 028. EUROPE ELECTRIC VERTICAL TAKE-OFF AND LANDING (VTOL) VEHICLE MARKET, BY APPLICATION (2016-2028)
TABLE 029. EUROPE ELECTRIC VERTICAL TAKE-OFF AND LANDING (VTOL) VEHICLE MARKET, BY MAXIMUM TAKEOFF WEIGHT (2016-2028)
TABLE 030. EUROPE ELECTRIC VERTICAL TAKE-OFF AND LANDING (VTOL) VEHICLE MARKET, BY RANGE (2016-2028)
TABLE 031. ELECTRIC VERTICAL TAKE-OFF AND LANDING (VTOL) VEHICLE MARKET, BY COUNTRY (2016-2028)
TABLE 032. ASIA PACIFIC ELECTRIC VERTICAL TAKE-OFF AND LANDING (VTOL) VEHICLE MARKET, BY TYPE (2016-2028)
TABLE 033. ASIA PACIFIC ELECTRIC VERTICAL TAKE-OFF AND LANDING (VTOL) VEHICLE MARKET, BY APPLICATION (2016-2028)
TABLE 034. ASIA PACIFIC ELECTRIC VERTICAL TAKE-OFF AND LANDING (VTOL) VEHICLE MARKET, BY MAXIMUM TAKEOFF WEIGHT (2016-2028)
TABLE 035. ASIA PACIFIC ELECTRIC VERTICAL TAKE-OFF AND LANDING (VTOL) VEHICLE MARKET, BY RANGE (2016-2028)
TABLE 036. ELECTRIC VERTICAL TAKE-OFF AND LANDING (VTOL) VEHICLE MARKET, BY COUNTRY (2016-2028)
TABLE 037. MIDDLE EAST & AFRICA ELECTRIC VERTICAL TAKE-OFF AND LANDING (VTOL) VEHICLE MARKET, BY TYPE (2016-2028)
TABLE 038. MIDDLE EAST & AFRICA ELECTRIC VERTICAL TAKE-OFF AND LANDING (VTOL) VEHICLE MARKET, BY APPLICATION (2016-2028)
TABLE 039. MIDDLE EAST & AFRICA ELECTRIC VERTICAL TAKE-OFF AND LANDING (VTOL) VEHICLE MARKET, BY MAXIMUM TAKEOFF WEIGHT (2016-2028)
TABLE 040. MIDDLE EAST & AFRICA ELECTRIC VERTICAL TAKE-OFF AND LANDING (VTOL) VEHICLE MARKET, BY RANGE (2016-2028)
TABLE 041. ELECTRIC VERTICAL TAKE-OFF AND LANDING (VTOL) VEHICLE MARKET, BY COUNTRY (2016-2028)
TABLE 042. SOUTH AMERICA ELECTRIC VERTICAL TAKE-OFF AND LANDING (VTOL) VEHICLE MARKET, BY TYPE (2016-2028)
TABLE 043. SOUTH AMERICA ELECTRIC VERTICAL TAKE-OFF AND LANDING (VTOL) VEHICLE MARKET, BY APPLICATION (2016-2028)
TABLE 044. SOUTH AMERICA ELECTRIC VERTICAL TAKE-OFF AND LANDING (VTOL) VEHICLE MARKET, BY MAXIMUM TAKEOFF WEIGHT (2016-2028)
TABLE 045. SOUTH AMERICA ELECTRIC VERTICAL TAKE-OFF AND LANDING (VTOL) VEHICLE MARKET, BY RANGE (2016-2028)
TABLE 046. ELECTRIC VERTICAL TAKE-OFF AND LANDING (VTOL) VEHICLE MARKET, BY COUNTRY (2016-2028)
TABLE 047. TURKISH AEROSPACE INDUSTRIES INC: SNAPSHOT
TABLE 048. TURKISH AEROSPACE INDUSTRIES INC: BUSINESS PERFORMANCE
TABLE 049. TURKISH AEROSPACE INDUSTRIES INC: PRODUCT PORTFOLIO
TABLE 050. TURKISH AEROSPACE INDUSTRIES INC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 050. IDEAFORGE: SNAPSHOT
TABLE 051. IDEAFORGE: BUSINESS PERFORMANCE
TABLE 052. IDEAFORGE: PRODUCT PORTFOLIO
TABLE 053. IDEAFORGE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 053. SCHIEBEL ELEKTRONISCHE GERATE GMBH: SNAPSHOT
TABLE 054. SCHIEBEL ELEKTRONISCHE GERATE GMBH: BUSINESS PERFORMANCE
TABLE 055. SCHIEBEL ELEKTRONISCHE GERATE GMBH: PRODUCT PORTFOLIO
TABLE 056. SCHIEBEL ELEKTRONISCHE GERATE GMBH: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 056. ISRAEL AEROSPACE INDUSTRIES LTD: SNAPSHOT
TABLE 057. ISRAEL AEROSPACE INDUSTRIES LTD: BUSINESS PERFORMANCE
TABLE 058. ISRAEL AEROSPACE INDUSTRIES LTD: PRODUCT PORTFOLIO
TABLE 059. ISRAEL AEROSPACE INDUSTRIES LTD: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 059. BOEING COMPANY: SNAPSHOT
TABLE 060. BOEING COMPANY: BUSINESS PERFORMANCE
TABLE 061. BOEING COMPANY: PRODUCT PORTFOLIO
TABLE 062. BOEING COMPANY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 062. TEXTRON INC: SNAPSHOT
TABLE 063. TEXTRON INC: BUSINESS PERFORMANCE
TABLE 064. TEXTRON INC: PRODUCT PORTFOLIO
TABLE 065. TEXTRON INC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 065. SAAB GROUP: SNAPSHOT
TABLE 066. SAAB GROUP: BUSINESS PERFORMANCE
TABLE 067. SAAB GROUP: PRODUCT PORTFOLIO
TABLE 068. SAAB GROUP: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 068. AEROVIRONMENT INC: SNAPSHOT
TABLE 069. AEROVIRONMENT INC: BUSINESS PERFORMANCE
TABLE 070. AEROVIRONMENT INC: PRODUCT PORTFOLIO
TABLE 071. AEROVIRONMENT INC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 071. LOCKHEED MARTIN CORPORATION: SNAPSHOT
TABLE 072. LOCKHEED MARTIN CORPORATION: BUSINESS PERFORMANCE
TABLE 073. LOCKHEED MARTIN CORPORATION: PRODUCT PORTFOLIO
TABLE 074. LOCKHEED MARTIN CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 074. DJI INNOVATIONS: SNAPSHOT
TABLE 075. DJI INNOVATIONS: BUSINESS PERFORMANCE
TABLE 076. DJI INNOVATIONS: PRODUCT PORTFOLIO
TABLE 077. DJI INNOVATIONS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 077. LATITUDE ENGINEERING: SNAPSHOT
TABLE 078. LATITUDE ENGINEERING: BUSINESS PERFORMANCE
TABLE 079. LATITUDE ENGINEERING: PRODUCT PORTFOLIO
TABLE 080. LATITUDE ENGINEERING: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 080. NORTHROP GRUMMAN CORPORATION: SNAPSHOT
TABLE 081. NORTHROP GRUMMAN CORPORATION: BUSINESS PERFORMANCE
TABLE 082. NORTHROP GRUMMAN CORPORATION: PRODUCT PORTFOLIO
TABLE 083. NORTHROP GRUMMAN CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 083. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 084. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 085. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 086. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS
LIST OF FIGURES
FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. ELECTRIC VERTICAL TAKE-OFF AND LANDING (VTOL) VEHICLE MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. ELECTRIC VERTICAL TAKE-OFF AND LANDING (VTOL) VEHICLE MARKET OVERVIEW BY TYPE
FIGURE 012. FIXED-WING MARKET OVERVIEW (2016-2028)
FIGURE 013. MULTI-ROTOR MARKET OVERVIEW (2016-2028)
FIGURE 014. ELECTRIC VERTICAL TAKE-OFF AND LANDING (VTOL) VEHICLE MARKET OVERVIEW BY APPLICATION
FIGURE 015. MILITARY MARKET OVERVIEW (2016-2028)
FIGURE 016. GOVERNMENT MARKET OVERVIEW (2016-2028)
FIGURE 017. COMMERCIAL MARKET OVERVIEW (2016-2028)
FIGURE 018. ELECTRIC VERTICAL TAKE-OFF AND LANDING (VTOL) VEHICLE MARKET OVERVIEW BY MAXIMUM TAKEOFF WEIGHT
FIGURE 019. < 25 KILOGRAMS MARKET OVERVIEW (2016-2028)
FIGURE 020. 25-170 KILOGRAMS MARKET OVERVIEW (2016-2028)
FIGURE 021. > 170 KILOGRAMS MARKET OVERVIEW (2016-2028)
FIGURE 022. ELECTRIC VERTICAL TAKE-OFF AND LANDING (VTOL) VEHICLE MARKET OVERVIEW BY RANGE
FIGURE 023. BEYOND LINE OF SIGHT MARKET OVERVIEW (2016-2028)
FIGURE 024. VISUAL LINE OF SIGHT MARKET OVERVIEW (2016-2028)
FIGURE 025. EXTENDED VISUAL LINE OF SIGHT MARKET OVERVIEW (2016-2028)
FIGURE 026. NORTH AMERICA ELECTRIC VERTICAL TAKE-OFF AND LANDING (VTOL) VEHICLE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 027. EUROPE ELECTRIC VERTICAL TAKE-OFF AND LANDING (VTOL) VEHICLE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 028. ASIA PACIFIC ELECTRIC VERTICAL TAKE-OFF AND LANDING (VTOL) VEHICLE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 029. MIDDLE EAST & AFRICA ELECTRIC VERTICAL TAKE-OFF AND LANDING (VTOL) VEHICLE MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 030. SOUTH AMERICA ELECTRIC VERTICAL TAKE-OFF AND LANDING (VTOL) VEHICLE MARKET OVERVIEW BY COUNTRY (2016-2028)
Frequently Asked Questions :
The forecast period in the Electric Vertical Take-Off and Landing (VTOL) Vehicle Market research report is 2024-2032.
Turkish Aerospace Industries Inc, IdeaForge, Schiebel Elektronische Gerate GmbH, Israel Aerospace Industries Ltd, Boeing Company,Textron Inc, Saab Group, and Other Major Players.
The Electric Vertical Take-Off and Landing (VTOL) Vehicle Market is segmented Type, Application and Maximum takeoff weight and Region. By Type, the market is categorized into Fixed-Wing and multi-rotor. By Application, the market is categorized into Military, Government, and Commercial. By Maximum takeoff weight, the market is categorized into < 25 Kilograms, 25-170 Kilograms, > 170 kilograms. By region, it is analyzed across 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 Arabia; South Africa, etc.).
An Electric Vertical Take-Off and Landing (VTOL) vehicle is an aircraft capable of lifting off vertically like a helicopter, but with the ability to transition to horizontal flight like an airplane. Unlike traditional aircraft, VTOL vehicles don't require a runway for takeoff or landing, making them suitable for urban environments and other constrained spaces. They are powered by electric propulsion systems, which offer advantages such as reduced emissions, lower operating costs, and quieter operation compared to traditional combustion engines. VTOL vehicles have a wide range of potential applications, including urban air mobility, cargo transportation, and military operations.
Electric Vertical Take-Off and Landing (VTOL) Vehicle Market Size Was Valued at USD 1.21 Billion in 2023, and is Projected to Reach USD 63.65 Billion by 2032, Growing at a CAGR of 55.3% From 2024-2032.