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Global eVTOL market forecast to be worth USD23.4 billion by 2035

MarketsandMarkets has published its Global Forecast to 2035 on the eVTOL aircraft market and projects it to grow from an estimated USD 1.2 billion in 2023 to USD 23.4 billion by 2035, at a CAGR of 52.0% during the forecast period.

According to a press release the segmented research conclusions forecast:

  • The lift plus cruise technology segment is projected to grow at the highest compound annual growth rate (CAGR) during the forecast period.
  • The fully electric eVTOL aircraft by propulsion segment accounts for the largest market size during the forecast period.
  • The autonomous segment accounts for the largest market size during the forecast period.
  • and Europe is projected to grow at the highest CAGR during the forecast period.

For more information

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=28054110

(Image: Shutterstock)

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