EVTOL Aircraft Market: Industry Size, Trends & Forecast by Credence Research 2019-2027

1. EVTOL Aircraft Market: Industry Size, Trends & Forecast by Credence Research 2019-2027 The global market for electronic vertical takeoff and landing (eVTOL) aircraft reached a market value of US$ 315.2 million in 2027 and expected a significant CAGR of 12.6% over the 2019-2027 forecast period. Electric Vertical Takeoff and Landing (eVTOL) aircraft reduce ground transport congestion through efficient use of airspace. Eco-friendly electrical propulsion systems, minimal spatial requirements for take- off & landing and high-performance batteries with extremely short charging duration laid the foundations for revolutionary new eVTOL aircraft applications. Such advances, along with streamlining poor connections to swarmed urban areas, were expected to bypass & ease the congestion problem. EVTOL aircraft were predicted to save significantly over 15 KM to 25 KM of distance compared to public transport and to be the fastest urban mobility option. These aircraft are capable of taking personal comfort and speed at the highest level, as well as providing its inevitable contribution in rescue services and para- public applications. Urban air mobility will be gradually integrated into the existing mobility landscape, enabling passengers to enjoy safe and enjoyable flight experience in a time-efficient mode of travel. Browse Full Report Originally Published by Credence Research @ https://www.credenceresearch.com/report/evtol-aircraft-market By Lift Technology Type – Vectored Thrust, Multirotor, Lift Plus Cruise and Others By Application – Commercial, Military and Cargo By Type of Propulsion – Fully Electric, Hybrid and Electric Hydrogen By MTOW – Less than 250 KGs, 250 KGs to 500KGs, 500KGs to 1500 KGs and More than 1500 KGs By Mode of Operation – Optionally Piloted and Piloted By Range – 0 to 200 KMs and 200 KMs to 500 KMs Research methodology devised for this study: Our methodology includes a combination of primary and secondary research for market size engineering, shares and estimates for key segment-specific global "EVTOL Aircraft" market, and regional segmentation. a.Secondary Research Some of the basic but most important sources reported during the study included annual company reports, press releases, and relevant documents that shed light on recent developments on the global market for "EVTOL Aircraft." Reliable sources such as scientific journals, university research papers and

2. government websites were also referenced to recognize business opportunities in different geographic markets and market penetration of different products / services. In addition, paid databases were referred to collect useful information on key players operating in the "EVTOL Aircraft" market for extensive commercial study. In case there were no public domain data available, we used modeling and estimates to arrive at comprehensive data sets. Secondary research helped to prepare a base for “EVTOL Aircraft” market study. b.Primary Research The extensive secondary research carried out has been complemented by extensive primary research to validate data and analysis. Primary study involved telephone interviews, e-mail interactions as well as face-to-face interviews with major industry experts. The participants tracked for primary interviews include: Vice President/ CEOs Marketing/product managers Market intelligence managers National sales managers Purchasing managers Distributors Other stakeholders Major players in the eVTOL aircraft market include A³ by Airbus, Embraer S.A., Workhorse Group, Lilium, Lift Aircraft Inc., Kitty Hawk, Aurora Flight Sciences, Neva Aerospace, Volocopter GmbH, Karem Aircraft, Inc., Ehang, Bell Helicopter Textron Inc., Opener, Pipistrel, Joby Aviation among others. Browse Full Report Originally Published by Credence Research @ https://www.credenceresearch.com/sample-request/59714

3. About Credence Research: Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task. Contact Info: Name: Chris Smith Email: Send Email Organization: Credence Research Address: 105 N 1st ST #429, SAN JOSE,, CA 95103, United States Phone: 18003618290 Website: https://www.credenceresearch.com