eVTOL Aircraft Market Size, Share and Trends, 2025 To 2035

The lift plus cruise segment is expected to grow at the highest rate during forecast period. The lift plus cruise design strategy holds significant potential for advancing urban air mobility and regional transportation programs. eVTOL aircraft utilizing this technology can achieve enhanced operational efficiency, improved flight dynamics, and optimized energy consumption by enabling separate systems for vertical lift and forward flight. Continued advancements in propulsion, control systems, and aerodynamics will further propel the development and commercial viability of lift-plus-cruise eVTOLs, revolutionizing the future of aerial transportation.

In 2024, fully electric segment dominated the eVTOL aircraft market. Prominent advantage of electric propulsion is that it is quasi-silent, which presents a strategic advantage to combat noise pollution. Fully electric aircraft provide a shorter range of travel and lower take-off weights. This could be managed with increasing developments in battery technology. Fully electric eVTOLs produce zero direct emissions, aligning with eco-friendly objectives and contributing to improved air quality in urban environments. Electric propulsion systems offer favorable operating costs due to the relative affordability and stability of electricity pricing

Electric motors used for propulsion weigh less than their piston-engine counterparts. These motors can improve the disparity between electric and gasoline energy densities when used in smaller aircraft for shorter distances. The MagniX Magni500 electric motor weighs 135 kg dry and produces a power output of 560 kW compared to the respective petrol engine with a dry weight of 290 kg, producing 300 kW it is replacing.

In the autonomous segment, eVTOLs are designed to operate without direct human intervention, relying on advanced sensors, artificial intelligence, and sophisticated flight control systems to navigate and make decisions. Autonomous eVTOLs offer several notable advantages. Firstly, they have the potential to revolutionize the transportation industry by enabling on-demand and efficient aerial mobility without the need for human pilots. Autonomous systems can leverage advanced algorithms to optimize flight paths, minimize congestion, and enhance safety through real-time situational awareness. Autonomous eVTOLs have the advantage of consistent and precise flight performance, as they can adhere strictly to predefined routes and flight parameters.

Private transport includes eVTOL aircraft manufactured for personal or recreational use. The personal air vehicle is intended to provide convenience like that of a private car in terms of accessibility and ease of operation. Private transport vehicles also include flying car concepts and hoverbikes. The integration of speed and routing efficiencies is poised to become a paramount driver of exponential growth in the market for personal eVTOL transport. The demand for streamlined and environmentally conscious mobility solutions escalates as urbanization continues unabated.

The eVTOLs in the <100 kg MTOW category find extensive applications in surveillance, aerial photography, and small cargo delivery. Their lightweight design and maneuverability make them ideal for tasks requiring low-altitude, short-distance flights, such as monitoring remote areas, capturing aerial imagery, and transporting lightweight goods. eVTOLs in this category often feature multirotor configurations, making them versatile and capable of vertical take-off and landing. They are equipped with advanced sensors and cameras for real-time data acquisition, allowing for effective surveillance and reconnaissance operations.

Batteries such as LiPo, Li-ion, and LiS are used in these eVTOL aircraft. eVTOL aircraft with a range of <=200 km is operated either autonomously or operated from the ground stations. Volocopter 2X and Drone DJ are a few examples of eVTOL aircraft with a range of <=200 km. SZ DJI Technology Co. Ltd., Volocoptor GmbH, Jaunt Air Mobility, and City Hawk manufacture these eVTOLs.