eCTOL Aircraft Market Size To Grow USD 59.09 Billion by 2032

According to a recent research report titled “eCTOL Aircraft Market (By Lift Technology: Vectored Thrust, Multirotor, Lift Plus Cruise; By Maximum Take-off Weight (MTOW): <250 Kg, 250-500 Kg, 500-1500 Kg, >1500 Kg; By Range: 0-200 Km, 200-500 Km) – Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2032″ published by Precedence Research, the global eCTOL aircraft market size is projected to touch around USD 59.09 billion by 2032 and growing at a CAGR of 47.50% over the forecast period 2023 to 2032. This comprehensive study examines various factors and their impact on the growth of the eCTOL aircraft market.

Key Takeaways

• North America contributed more than 42% of market share in 2022.
• Asia-Pacific is estimated to expand the fastest CAGR between 2023 and 2032.
• By lift technology, the vectored thrust segment has held the largest market share of 40% in 2022.
• By lift technology, the multirotor segment is anticipated to grow at a remarkable CAGR of 51.4% between 2023 and 2032.
• By maximum take-off weight, the <250 kg segment generated over 28% of market share in 2022.
• By maximum take-off weight, the 250-500 kg segment is expected to expand at the fastest CAGR over the projected period.
• By range, the 0-200 Km segment generated over 56% of market share in 2022.
• By range, the 250-500 Km segment is expected to expand at the fastest CAGR over the projected period.

The report primarily focuses on the volume and value of the eCTOL aircraft market at the global, regional, and company levels. At the global level, the report analyzes historical data and future prospects to present an overview of the overall market size. Regionally, the study emphasizes key regions such as North America, Europe, the Middle East & Africa, Latin America, and others.

Furthermore, the research report provides specific segmentations based on regions (countries), companies, and all market segments. This analysis offers insights into the growth and revenue trends during the historical period of 2017 to 2032, as well as the projected period. By understanding these segments, it becomes possible to identify the significance of different factors that contribute to market growth.

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The research also highlights significant progressions in both organic and inorganic growth strategies within the global eCTOL aircraft market. Numerous companies are placing emphasis on new product launches, gaining product approvals, and implementing various business expansion tactics. Moreover, the report presents detailed profiles of firms operating in the eCTOL aircraft market, along with their respective market strategies. Additionally, the study concentrates on prominent industry participants, furnishing details such as company profiles, product offerings, financial updates, and noteworthy advancements.

eCTOL Aircraft Market Scope

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Major Key Points Covered in Report:

Executive Summary: It includes key trends of the electric vehicle fuel cell market related to products, applications, and other crucial factors. It also provides analysis of the competitive landscape and CAGR and market size of the electric vehicle fuel cell market based on production and revenue.

Production and Consumption by Region: It covers all regional markets to which the research study relates. Prices and key players in addition to production and consumption in each regional market are discussed.

Key Players: Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the Electric vehicle fuel cell market.

Market Segments: This part of the report discusses product, application and other segments of the electric vehicle fuel cell market based on market share, CAGR, market size, and various other factors.

Research Methodology: This section discusses the research methodology and approach used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.

Market Key Players

The report incorporates company profiles of key players in the market. These profiles encompass vital information such as product portfolio, key strategies, and a comprehensive SWOT analysis for each player. Additionally, the report presents a matrix illustrating the presence of each prominent player, enabling readers to gain actionable insights. This facilitates a thoughtful assessment of the market status and aids in predicting the level of competition in the eCTOL aircraft market.

Recent Developments

• In December 2022, Lilium GmbH and JOBY Aviation entered a definitive business combination agreement. The resulting merged entity is expected to possess a pro forma enterprise value of approximately $10.5 billion. This strategic move involves combining the strengths of both Lilium and JOBY Aviation, positioning the joint company as a major player in the urban air mobility (UAM) sector.
• In December 2022, Eve Holding, Inc., a subsidiary of Embraer S.A. dedicated to urban air mobility solutions, announced a definitive business combination agreement with Zanite Acquisition Corp. This collaboration signifies a strategic alignment between Eve and Zanite, a special purpose acquisition company (SPAC). The agreement reflects the ongoing trend of SPAC mergers within the electric aviation industry, providing capital and market access for companies focused on developing and deploying urban air mobility solutions.

eCTOL Aircraft Market Companies

• Joby Aviation
• Vertical Aerospace
• Lilium GmbH
• Eve Urban Air Mobility
• Pipistrel
• AeroMobil
• Beta Technologies
• Kitty Hawk
• Archer Aviation
• Ampaire
• Urban Aeronautics
• Volocopter
• EmbraerX
• Zunum Aero
• Wisk Aero

Segments Covered in the Report

By Lift Technology

• Vectored Thrust
• Multirotor
• Lift Plus Cruise

By Maximum Take-off Weight (MTOW)

• <250 Kg
• 250-500 Kg
• 500-1500 Kg
• >1500 Kg

By Range

• 0-200 Km
• 200-500 Km

By Geography

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

Table of Content:

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on ECTOL Aircraft Market 

5.1. COVID-19 Landscape: ECTOL Aircraft Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global ECTOL Aircraft Market, By Lift Technology

8.1. ECTOL Aircraft Market Revenue and Volume, by Lift Technology, 2023-2032

8.1.1 Vectored Thrust

8.1.1.1. Market Revenue and Volume Forecast (2020-2032)

8.1.2. Multirotor

8.1.2.1. Market Revenue and Volume Forecast (2020-2032)

8.1.3. Lift Plus Cruise

8.1.3.1. Market Revenue and Volume Forecast (2020-2032)

Chapter 9. Global ECTOL Aircraft Market, By Maximum Take-off Weight (MTOW)

9.1. ECTOL Aircraft Market Revenue and Volume, by Maximum Take-off Weight (MTOW), 2023-2032

9.1.1. <250 Kg

9.1.1.1. Market Revenue and Volume Forecast (2020-2032)

9.1.2. 250-500 Kg

9.1.2.1. Market Revenue and Volume Forecast (2020-2032)

9.1.3. 500-1500 Kg

9.1.3.1. Market Revenue and Volume Forecast (2020-2032)

9.1.4. >1500 Kg

9.1.4.1. Market Revenue and Volume Forecast (2020-2032)

Chapter 10. Global ECTOL Aircraft Market, By Range 

10.1. ECTOL Aircraft Market Revenue and Volume, by Range, 2023-2032

10.1.1. 0-200 Km

10.1.1.1. Market Revenue and Volume Forecast (2020-2032)

10.1.2. 200-500 Km

10.1.2.1. Market Revenue and Volume Forecast (2020-2032)

Chapter 11. Global ECTOL Aircraft Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Volume Forecast, by Lift Technology (2020-2032)

11.1.2. Market Revenue and Volume Forecast, by Maximum Take-off Weight (MTOW) (2020-2032)

11.1.3. Market Revenue and Volume Forecast, by Range (2020-2032)

11.1.4. U.S.

11.1.4.1. Market Revenue and Volume Forecast, by Lift Technology (2020-2032)

11.1.4.2. Market Revenue and Volume Forecast, by Maximum Take-off Weight (MTOW) (2020-2032)

11.1.4.3. Market Revenue and Volume Forecast, by Range (2020-2032)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Volume Forecast, by Lift Technology (2020-2032)

11.1.5.2. Market Revenue and Volume Forecast, by Maximum Take-off Weight (MTOW) (2020-2032)

11.1.5.3. Market Revenue and Volume Forecast, by Range (2020-2032)

11.2. Europe

11.2.1. Market Revenue and Volume Forecast, by Lift Technology (2020-2032)

11.2.2. Market Revenue and Volume Forecast, by Maximum Take-off Weight (MTOW) (2020-2032)

11.2.3. Market Revenue and Volume Forecast, by Range (2020-2032)

11.2.4. UK

11.2.4.1. Market Revenue and Volume Forecast, by Lift Technology (2020-2032)

11.2.4.2. Market Revenue and Volume Forecast, by Maximum Take-off Weight (MTOW) (2020-2032)

11.2.4.3. Market Revenue and Volume Forecast, by Range (2020-2032)

11.2.5. Germany

11.2.5.1. Market Revenue and Volume Forecast, by Lift Technology (2020-2032)

11.2.5.2. Market Revenue and Volume Forecast, by Maximum Take-off Weight (MTOW) (2020-2032)

11.2.5.3. Market Revenue and Volume Forecast, by Range (2020-2032)

11.2.6. France

11.2.6.1. Market Revenue and Volume Forecast, by Lift Technology (2020-2032)

11.2.6.2. Market Revenue and Volume Forecast, by Maximum Take-off Weight (MTOW) (2020-2032)

11.2.6.3. Market Revenue and Volume Forecast, by Range (2020-2032)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Volume Forecast, by Lift Technology (2020-2032)

11.2.7.2. Market Revenue and Volume Forecast, by Maximum Take-off Weight (MTOW) (2020-2032)

11.2.7.3. Market Revenue and Volume Forecast, by Range (2020-2032)

11.3. APAC

11.3.1. Market Revenue and Volume Forecast, by Lift Technology (2020-2032)

11.3.2. Market Revenue and Volume Forecast, by Maximum Take-off Weight (MTOW) (2020-2032)

11.3.3. Market Revenue and Volume Forecast, by Range (2020-2032)

11.3.4. India

11.3.4.1. Market Revenue and Volume Forecast, by Lift Technology (2020-2032)

11.3.4.2. Market Revenue and Volume Forecast, by Maximum Take-off Weight (MTOW) (2020-2032)

11.3.4.3. Market Revenue and Volume Forecast, by Range (2020-2032)

11.3.5. China

11.3.5.1. Market Revenue and Volume Forecast, by Lift Technology (2020-2032)

11.3.5.2. Market Revenue and Volume Forecast, by Maximum Take-off Weight (MTOW) (2020-2032)

11.3.5.3. Market Revenue and Volume Forecast, by Range (2020-2032)

11.3.6. Japan

11.3.6.1. Market Revenue and Volume Forecast, by Lift Technology (2020-2032)

11.3.6.2. Market Revenue and Volume Forecast, by Maximum Take-off Weight (MTOW) (2020-2032)

11.3.6.3. Market Revenue and Volume Forecast, by Range (2020-2032)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Volume Forecast, by Lift Technology (2020-2032)

11.3.7.2. Market Revenue and Volume Forecast, by Maximum Take-off Weight (MTOW) (2020-2032)

11.3.7.3. Market Revenue and Volume Forecast, by Range (2020-2032)

11.4. MEA

11.4.1. Market Revenue and Volume Forecast, by Lift Technology (2020-2032)

11.4.2. Market Revenue and Volume Forecast, by Maximum Take-off Weight (MTOW) (2020-2032)

11.4.3. Market Revenue and Volume Forecast, by Range (2020-2032)

11.4.4. GCC

11.4.4.1. Market Revenue and Volume Forecast, by Lift Technology (2020-2032)

11.4.4.2. Market Revenue and Volume Forecast, by Maximum Take-off Weight (MTOW) (2020-2032)

11.4.4.3. Market Revenue and Volume Forecast, by Range (2020-2032)

11.4.5. North Africa

11.4.5.1. Market Revenue and Volume Forecast, by Lift Technology (2020-2032)

11.4.5.2. Market Revenue and Volume Forecast, by Maximum Take-off Weight (MTOW) (2020-2032)

11.4.5.3. Market Revenue and Volume Forecast, by Range (2020-2032)

11.4.6. South Africa

11.4.6.1. Market Revenue and Volume Forecast, by Lift Technology (2020-2032)

11.4.6.2. Market Revenue and Volume Forecast, by Maximum Take-off Weight (MTOW) (2020-2032)

11.4.6.3. Market Revenue and Volume Forecast, by Range (2020-2032)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Volume Forecast, by Lift Technology (2020-2032)

11.4.7.2. Market Revenue and Volume Forecast, by Maximum Take-off Weight (MTOW) (2020-2032)

11.4.7.3. Market Revenue and Volume Forecast, by Range (2020-2032)

11.5. Latin America

11.5.1. Market Revenue and Volume Forecast, by Lift Technology (2020-2032)

11.5.2. Market Revenue and Volume Forecast, by Maximum Take-off Weight (MTOW) (2020-2032)

11.5.3. Market Revenue and Volume Forecast, by Range (2020-2032)

11.5.4. Brazil

11.5.4.1. Market Revenue and Volume Forecast, by Lift Technology (2020-2032)

11.5.4.2. Market Revenue and Volume Forecast, by Maximum Take-off Weight (MTOW) (2020-2032)

11.5.4.3. Market Revenue and Volume Forecast, by Range (2020-2032)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Volume Forecast, by Lift Technology (2020-2032)

11.5.5.2. Market Revenue and Volume Forecast, by Maximum Take-off Weight (MTOW) (2020-2032)

11.5.5.3. Market Revenue and Volume Forecast, by Range (2020-2032)

Chapter 12. Company Profiles

12.1. Joby Aviation

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Vertical Aerospace

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Lilium GmbH

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Eve Urban Air Mobility

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Pipistrel

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. AeroMobil

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Beta Technologies

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Kitty Hawk

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Archer Aviation

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Ampaire

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

Why should you invest in this report?

This report presents a compelling investment opportunity for those interested in the global eCTOL aircraft market. It serves as an extensive and informative guide, offering clear insights into this niche market. By delving into the report, you will gain a comprehensive understanding of the various major application areas for eCTOL aircraft. Furthermore, it provides crucial information about the key regions worldwide that are expected to experience substantial growth within the forecast period of 2023-2030. Armed with this knowledge, you can strategically plan your market entry approaches.

Moreover, this report offers a deep analysis of the competitive landscape, equipping you with valuable insights into the level of competition prevalent in this highly competitive market. If you are already an established player, it will enable you to assess the strategies employed by your competitors, allowing you to stay ahead as market leaders. For newcomers entering this market, the extensive data provided in this report is invaluable, providing a solid foundation for informed decision-making.

Some of the key questions answered in this report:       

• What is the size of the overall ECTOL aircraft market and its segments?
• What are the key segments and sub-segments in the market?
• What are the key drivers, restraints, opportunities and challenges of the ECTOL aircraft market and how they are expected to impact the market?
• What are the attractive investment opportunities within the ECTOL aircraft market?
• What is the ECTOL aircraft market size at the regional and country-level?
• Who are the key market players and their key competitors?
• What are the strategies for growth adopted by the key players in ECTOL aircraft market?
• What are the recent trends in ECTOL aircraft market? (M&A, partnerships, new product developments, expansions)?
• What are the challenges to the ECTOL aircraft market growth?
• What are the key market trends impacting the growth of ECTOL aircraft market?

 

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