Europe eVTOL Aircraft Market By Application (Commercial, Military and Cargo), By Propulsion Type (Hybrid Electric, Fully Electric, Electric Hydrogen), By Lift Technology (vectored Thrust, Lift Plus Cruise, Multicopter and others), By Operation Mode (Autonomous, Semi-Autonomous and Piloted), By Range (upto 200km, 201-500Km), By Country Competition, Forecast & Opportunities, 2018-2030

Published Date: March - 2025 | Publisher: MIR | No of Pages: 280 | Industry: Aerospace and Defense | Format: Report available in PDF / Excel Format

View Details Buy Now 2890 Download Sample Ask for Discount Request Customization

The eVTOL Aircraft market is valued at USD 0.76 billion in 2024 and is projected to reach USD 4.67 billion by 2030, at a CAGR of 35.3 % from 2024 to 2030

The European eVTOL Aircraft market is expected to grow at a robust pace in the coming years. The increasing need for green energy and soundless aircraft, coupled with greater utilization of eVTOL aircraft for cargo purposes and greater demand for an alternative mode of transportation, are drivers of this market growth. Electrically propelled urban air mobility vehicles, eVTOLs, have zero-emissions, placing them in a good position compared to the majority of the existing ground and air vehicles, which still operate on fossil fuels.

 Download Sample  Ask for Discount  Request Customization 

Recent Developments

Volocopter GmbH, a German maker of aircraft and an urban air mobility pioneer, has scheduled to provide the world's first-ever eVTOL suite of services via passenger air taxis and heavy-lift freight drones in the period between 2024 and 2026. Moreover, in March 2022, Jetex and Volocopter signed a strategic partnership agreement to establish a safe and sustainable model of urban air mobility. The partnership was established to deploy and run permanent, economically sustainable, and integrated UAM taxi 'takeoff and landing infrastructure and passenger transportation services.

Wisk Aero was funded with $450 million by The Boeing Company in January 2022 to further develop Wisk's sixth generation eVTOL aircraft. It also helps the company as it transitions into an aggressive growth phase in anticipation of introducing scale manufacturing.

The Rise of Electric-Propulsion-Based eVTOL Aircraft

The aviation industry is one of the fastest-growing sources of greenhouse gas emissions, contributing to Europe's climate change. The development of

Furthermore, Jetson AB, a Swedish eVTOL firm, completed the sale of the whole production of their eVTOL aircraft in 2022 and has an order of 100 units with delivery set to begin in 2023, along with over 3,000 pre-orders for additional deliveries.

Increasing Adoption of Air Taxis as Urban Air Mobility Increases

Due to recent technological advances in urban air mobility, several cities are projected to adopt a new generation of transportation using eVTOL aircraft. To escape traffic, eVTOL aircraft are best suited for shorter flights across busy cities. The aircraft also aid in middle- and last-mile goods delivery, as well as medical services. As a result, the use of air taxis is increasing. The urban air mobility sector is in its early stages, which is projected to promote air taxi usage in the coming years. Toyota invested $394 million in Joby Aviation eVTOL Aircraft in the first quarter of 2020.

Lack of infrastructure certification in Aviation

The commercialization of eVTOL travel options necessitates the creation of infrastructure such as skyports, charging stations, and others. The initial cost of such infrastructure is quite costly, and development takes time, which is expected to limit market growth. Furthermore, demanding certifications of aviation agencies such as the Federal Aviation Administration (FAA) and the European Union Aviation Safety Agency (EASA) for eVTOL designs are projected to stymie industry expansion.

MIR Segment1

 Download Sample  Ask for Discount  Request Customization 

Market Segmentation

Key players in the European eVTOL aircraft market include established aircraft manufacturers like Airbus, along with companies like Lilium, Volocopter, and EHang, which are pioneering urban air mobility solutions. 

Company Profiles

Airbus Group, Inc., Bell Textron Inc., Boeing, Eve Air Mobility, Lilium GmBH, EHang Virtual Technology Co. Ltd, BETA Technologies Inc., Volocopter GmbH, Archer Aviation Inc. and Heart Aerospace AB are the key players developing advanced technologies to stay competitive in the market and enhancing their product portfolio in the regions to increase their customer outreach.

Attribute

Details

Base Year

2022

Historical Years

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2030

Quantitative Units

Revenue in USD Billion, Volume in Units, and CAGR for 2018-2022 and 2023-2030

Report Coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

By Application

By Propulsion Type

By Lift Technology

By Operation mode

By Range

Region

Regional Scope

Europe

Country Scope

Germany, Russia, France, Spain, Italy, United Kingdom, Switzerland, Netherlands, Belgium and Austria.

Key Companies Profiled

Airbus Group, Inc., Bell Textron Inc., Boeing, Eve Air Mobility, Lilium GmBH, EHang Virtual Technology Co. Ltd, BETA Technologies Inc., Volocopter GmbH, Archer Aviation Inc. and Heart Aerospace AB.

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request)

Table of Content

Here is a Table of Contents (TOC) for a report on the Europe eVTOL Aircraft Market:

Table of Contents

  1. Executive Summary

    • Market Overview
    • Key Trends & Developments
    • Market Size & Forecast
  2. Introduction

    • Definition of eVTOL Aircraft
    • Market Scope & Segmentation
    • Research Methodology
  3. Market Dynamics

    • Drivers
    • Restraints
    • Opportunities
    • Challenges
  4. Regulatory Landscape

    • European Union Aviation Safety Agency (EASA) Regulations
    • National Policies & Standards
    • Urban Air Mobility (UAM) Initiatives
  5. Market Segmentation

    • By Lift Technology
      • Vectored Thrust
      • Lift + Cruise
      • Multirotor
    • By Range
      • Less than 100 km
      • More than 100 km
    • By Application
      • Passenger Transport
      • Cargo Transport
      • Military & Defense
      • Emergency & Medical Services
  6. Competitive Landscape

    • Key Players & Market Share Analysis
    • Company Profiles (Airbus, Volocopter, Lilium, Vertical Aerospace, etc.)
    • Recent Developments & Strategic Initiatives
  7. Regional Analysis

    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Rest of Europe
  8. Technology Trends

    • Battery & Powertrain Innovations
    • Autonomous & AI-driven Flight Systems
    • Infrastructure Development (Vertiports & Charging Stations)
  9. Investment & Funding Analysis

    • Venture Capital & Private Equity Trends
    • Government & Institutional Investments
  10. Future Outlook & Market Forecast (2024-2035)

    • Growth Projections
    • Emerging Trends
    • Potential Market Disruptions
  11. Conclusion & Strategic Recommendations

    • Key Takeaways
    • Roadmap for Market Entry
    • Future Growth Opportunities

List Tables Figures

To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )

FAQ'S

For a single, multi and corporate client license, the report will be available in PDF format. Sample report would be given you in excel format. For more questions please contact:

sales@marketinsightsresearch.com

Within 24 to 48 hrs.

You can contact Sales team (sales@marketinsightsresearch.com) and they will direct you on email

You can order a report by selecting payment methods, which is bank wire or online payment through any Debit/Credit card, Razor pay or PayPal.