eVTOL 개인용 항공기 시장 보고서 : 동향, 예측, 경쟁 분석(-2031년)

The future of the global eVTOL personal air vehicle market looks promising with opportunities in the individual and commercial markets. The global eVTOL personal air vehicle market is expected to grow with a CAGR of 34.3% from 2025 to 2031. The major drivers for this market are growing demand for urban air mobility solutions, rising awareness of pollution and emissions, and increasing innovation in battery technology and electric.

• Lucintel forecasts that, within the type category, five-seat is expected to witness the highest growth over the forecast period.
• Within the application category, commercial is expected to witness the highest growth.
• In terms of region, APAC is expected to witness the highest growth over the forecast period.

Emerging Trends in the eVTOL Personal Air Vehicle Market

The eVTOL personal air vehicle market is experiencing dynamic changes as technological, economic, and regulatory advancements are creating new opportunities and challenges. These developments are not only transforming transportation in urban areas but are also influencing the wider aviation and mobility industries. Below are five key trends shaping the future of the eVTOL market.

• Urban Air Mobility (UAM) Expansion: Urban air mobility, which is the use of eVTOLs for urban transportation, is growing rapidly. As cities become more congested, eVTOLs offer a viable solution to reduce traffic congestion by flying over traffic. Companies are working on vehicles capable of carrying passengers or freight on short trips, such as air taxis. This trend is reshaping the transportation landscape, promising a more efficient way to navigate crowded cities. UAM is expected to be a key player in cities across the globe, especially in areas of high population density.
• Government Regulations And Certification: As eVTOL technology continues to advance, governments and regulatory bodies are establishing new rules for certification and integration into existing airspace. The FAA in the U.S., EASA in Europe, and other aviation authorities are working on standards to ensure safety and reliability. These regulations are vital for the mass availability of eVTOLs and to make it possible for these vehicles to safely fly in urban areas. Regulatory developments will dictate the rate at which eVTOLs are coming out, making this an important trend for the sector's growth.
• Electric Propulsion And Sustainability: A key trend in the eVTOL market is the development of electric propulsion systems, which are at the core of the technology's environmental appeal. These electric engines produce zero emissions, making eVTOLs an attractive alternative to traditional fossil-fuel-powered transportation. Companies are working to improve battery technology and energy efficiency to extend flight ranges and reduce operational costs. The push for sustainability is influencing the development of the market, as environmental concerns become increasingly important in the design and operation of new transportation systems.
• Integration With Autonomous Technologies: Many eVTOL manufacturers are now integrating autonomous flight technologies into their vehicles. Autonomous eVTOLs would decrease the dependency on human pilots, which may decrease operational costs and increase safety as human errors would be minimized. With advances in artificial intelligence, machine learning, and sensor technologies, the concept of autonomous eVTOLs is not just a vision but a reality. This could lead to major disruptions in the aviation industry and facilitate more efficient air mobility and provide opportunities for on-demand services in urban areas.
• Infrastructure Development For eVTOLs: A key trend driving the eVTOL market is the development of infrastructure, such as vertiports, charging stations, and air traffic management systems. Specialized facilities are needed to support the operation of eVTOLs in urban areas. Cities and private companies are working on building a network of vertiports, while governments are considering how to integrate eVTOLs into existing transportation networks. The successful development of these infrastructure elements is important for the scalability of the eVTOL market.

Urban air mobility, government regulations, electric propulsion, autonomous technologies, and infrastructure development are among the emerging trends shaping the future of personal air transportation in the eVTOL market. As these trends evolve, they will propel innovation and unlock new opportunities for eVTOL manufacturers, investors, and urban planners in shaping the future of mobility and transportation.

Recent Developments in the eVTOL Personal Air Vehicle Market

The eVTOL personal air vehicle market has seen significant progress in the last few years, with several countries and companies contributing to the advancements in this space. Technological breakthroughs, increased investments, and regulatory progress are driving the sector toward commercialization. Here are five key developments that are shaping the market's growth and future potential.

• Technological Advancements in eVTOL Aircraft: Technological innovations in the design of eVTOL aircraft will be a great enabler in their commercialization. Manufacturers are working on propulsion systems that would be more efficient, better battery technologies, and lightweight materials for better performance. These innovations will help reduce operational costs for eVTOLs and increase range, making urban air mobility feasible. Improvements in safety features are also aimed at making the eVTOLs operate dependably in densely populated urban areas.
• Investment and Partnerships: Increased investment and strategic partnerships are driving the growth of the eVTOL market. Venture capital firms, aerospace companies, and even government-backed entities are investing heavily in companies like Joby Aviation, Lilium, and Volocopter. These investments enable the development of prototypes, testing, and certification processes. In fact, manufacturers of eVTOLs must partner with aviation authorities to develop the regulatory framework required for safe commercial operations.
• Regulatory Frameworks for Urban Air Mobility: The development of regulatory frameworks is an important step in the integration of eVTOLs into existing transportation systems. Aviation authorities, such as the FAA and EASA, are developing new rules and certifications for eVTOLs to ensure their safe operation in urban environments. These frameworks are important to the large-scale adoption of eVTOLs, addressing concerns around airspace integration, safety, and infrastructure. The rate at which these regulations are being developed will have a big influence on the growth rate of the market.
• Ecosystem for Urban Air Mobility Development: Developing the whole ecosystem of urban air mobility is one of the significant drivers of the eVTOL market. This encompasses construction of vertiports for takeoff and landing of the eVTOL, along with air traffic management systems meant for efficient route planning. The development of this infrastructure is being carried out by both private companies and governments in a collaborative effort to make the scaling of eVTOLs possible. Expanding this ecosystem will allow for the safe and efficient operation of eVTOLs in dense urban environments.
• Collaborations and International Expansion: International collaborations between companies and governments are driving eVTOL market expansion. For example, German-based Volocopter has partnered with Dubai's government to create an eVTOL air taxi service, and American companies like Joby Aviation are working on expanding their operations internationally. These collaborations are key to developing a global market for eVTOLs, as they enable cross-border integration of technology, regulations, and infrastructure. This trend will play a major role in the global commercialization of eVTOLs.

Recent technological advancement, investment, regulatory framework, infrastructure development, and international collaborations are driving the eVTOL market. This is making successful transition from prototypes to commercial operations possible, and the market is on track to become a major player in the transportation sector.

Strategic Growth Opportunities in the eVTOL Personal Air Vehicle Market

The eVTOL personal air vehicle market offers multiple growth opportunities across various applications. As urban air mobility gains traction, these opportunities are being driven by advancements in technology, regulatory progress, and infrastructure development. Below are five key growth opportunities within the eVTOL market.

• Urban Air Mobility (UAM) Services: The growth of urban air mobility services is one major opportunity for the eVTOL market. Companies are working towards developing air taxi services that can provide fast, efficient, and eco-friendly transportation in densely populated urban areas. As traffic congestion continues to worsen in major cities, the pressure on ground-based transportation systems may be reduced by the adoption of eVTOLs. Urban air mobility services can be a revolutionary shift in the mode of commuting and can be the sustainable alternative for traditional modes of transport.
• Cargo transport and delivery services: The other area of potential for eVTOLs is cargo transport and delivery services. Companies are researching the use of eVTOLs for small parcel deliveries, especially in urban environments where traditional vehicles face challenges due to traffic congestion. This application is likely to be one of the first widespread uses of eVTOLs. Faster, cost-effective deliveries, especially in congested areas, are exciting opportunities for companies in logistics and transportation.
• Government and Military Applications: Governments and military organizations are researching the use of eVTOLs for surveillance, search and rescue missions, and troop transport. eVTOLs offer a lot of advantages in terms of agility, speed, and the ability to take off and land vertically. The potential for military-grade eVTOLs to operate in challenging environments and deliver personnel or supplies rapidly is driving growth in this application.
• Tourism and Leisure Applications: The tourism and leisure is one significant application that can be predicted for eVTOL. Companies are looking at offering scenic flights, aerial tours, and other leisure services to high-value customers who would want experience unique styles of traveling. This service is expected to boom in locations that are rich in tourism-beach locations or mountainous resorts where the air routes taken by an eVTOL present a valuable scenic view to the tourists while offering fast transportation.
• Maintenance and Support Services: With a growing fleet of eVTOLs, the demand for maintenance and support services will increase. Companies will need a network of service providers to maintain the airworthiness of the vehicles, carry out regular inspections, and ensure that safety standards are not compromised. This is an area of significant opportunity for companies specializing in aircraft MRO services.

The eVTOL market offers substantive strategic growth opportunities in the areas of urban air mobility, cargo transport, government and military applications, tourism, and maintenance services. The varied business growth and innovation opportunities that the above avenues will provide as the market matures will further entrench eVTOLs as a transformative force within the transportation industry.

eVTOL Personal Air Vehicle Market Driver and Challenges

The current drivers and challenges that will shape the eVTOL personal air vehicle market are technological developments, economic factors, and regulatory issues. An understanding of these key drivers and challenges is essential to the success of the future market. Below, we discuss the main factors influencing the development and growth of the eVTOL market.

The factors responsible for driving the eVTOL personal air vehicle market include:

1. Technological Advancements in eVTOL Design: Technological innovation is the major driver of the eVTOL market. Commercial eVTOLs are centered on new designs that focus on efficiency, safety, and low environmental impact. This includes improvements in propulsion technology, lightweight materials, and battery efficiency. Continuous improvement in these technologies is making eVTOLs more viable and affordable for urban mobility.

2. Government Investment and Regulatory Support: World governments have been inquiring about investing in the eVTOL technology and providing regulatory frameworks for its development. Countries such as the United States, China, and Germany make policies that help to facilitate certification and operation of eVTOLs. The government support and finance speed up research and development, making it easier to get eVTOLs to market.

3. Environmental Concerns and Sustainability: As climate change concerns grow, the demand for sustainable transportation options has risen. eVTOLs, with their electric propulsion systems, offer a cleaner alternative to traditional vehicles. This environmental appeal is driving the market, as cities look for ways to reduce emissions and traffic congestion. The shift toward greener transportation options is influencing the broader adoption of eVTOL technology.

4. Urbanization and Traffic Congestion: Urbanization is happening fast, and so is the rate of traffic congestion. Alternative means of transportation have become a pressing need. This is where the urban air mobility sector, consisting of eVTOLs, comes into the picture. As people are expecting faster and more direct travel inside cities, they are interested in eVTOL technology.

5. Rising Investment in Aviation and Aerospace: Venture capital, aviation companies, and government-backed agencies are investing heavily in the development of eVTOLs. The influx of funding is allowing for the creation of prototypes, research into new technologies, and establishment of the necessary infrastructure. As more money is invested into the sector, the speed at which eVTOLs can be commercialized increases.

Challenges in the eVTOL personal air vehicle market are:

1. High Development Costs: The development of eVTOLs involves significant costs in terms of research, technology development, and certification. Many companies in the market are still in the early stages of development and face financial barriers in bringing their products to market. Securing funding to cover these costs remains one of the largest challenges for the industry.

2. Regulatory and Certification Hurdles: A huge challenge for the manufacturers of eVTOL is regulatory approval. The FAA, EASA, and other aviation bodies are still working on clear guidelines for the operation of eVTOLs. The certification process for eVTOLs is complex and time-consuming, which may delay the commercialization of these vehicles.

3. Infrastructure Development: The infrastructure to be developed for the support of eVTOLs, such as vertiports and air traffic management systems, is a big challenge. In the absence of such infrastructure, the mass-scale adoption of eVTOLs will be quite challenging. Collaboration between governments and private companies must be ensured for the development of the required facilities and efficient working of urban air mobility systems.

Technological advances, government support, environmental concerns, and urbanization are driving the eVTOL market. However, some of the key challenges are the high development costs, regulatory hurdles, and infrastructure development, and these must be overcome for the market to achieve its full potential. The industry will need to overcome these hurdles to continue its growth trajectory.

List of eVTOL Personal Air Vehicle Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies eVTOL personal air vehicle companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the eVTOL personal air vehicle companies profiled in this report include-

• Lilium Gmbh
• Vertical Aerospace
• Pipistrel
• Opener
• Kitty Hawk
• Volocopter
• AeroMobil
• Joby Aviation
• Urban Aeronautics (Metro Skyways)
• Samson Sky

eVTOL Personal Air Vehicle Market by Segment

The study includes a forecast for the global eVTOL personal air vehicle market by type, application, and region.

eVTOL Personal Air Vehicle Market by Type [Value from 2019 to 2031]:

• Five Seats
• Four Seats
• Double Seats
• Single Seat

eVTOL Personal Air Vehicle Market by Application [Value from 2019 to 2031]:

• Individual
• Commercial

eVTOL Personal Air Vehicle Market by Region [Value from 2019 to 2031]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

Country Wise Outlook for the eVTOL Personal Air Vehicle Market

The eVTOL personal air vehicle market has experienced massive growth and innovation, with many countries significantly working on these future vehicles. With promises of faster, more environment-friendly, and efficient transportation for cities, significant investments and research have been witnessed in this field. Among the leading nations include the United States, China, Germany, India, and Japan. These vehicles will revolutionize personal transportation, bringing new solutions for urban air mobility (UAM) while responding to growing congestion and environmental concerns.

• United States: The United States is a leader in the eVTOL market, with many companies that are making tremendous strides. Companies such as Joby Aviation, Archer Aviation, and Lilium are leading the charge with prototypes and plans for certification of their vehicles. In addition, the FAA in the U.S. has been highly energetic in providing a regulatory framework on the integration of eVTOLs safely within the airspaces. There are possibilities in shaping urban mobility and especially urban conurbations' mobility using the development of eVTOLs. As in the United States, market growth is the significant driver behind infrastructure investment supporting the eVTOLs. Those include vertiports, the air traffic management system.
• China: China has been swiftly advancing in the eVTOL space, as companies like EHang and Xpeng Aero continue to develop and test personal air vehicles. Already, EHang has successfully held trial flights with its autonomous eVTOL aircraft, and such innovations are favored by the government of China. The country is replete with infrastructure, like heavy traffic-ridden urban centers, making it a prime target for eVTOLs. The country is focusing on creating the regulatory environment for urban air mobility. The Chinese market will experience high demand due to the rapid pace of urbanization and technological adoption.
• Germany: Germany is one of the several countries which has made significant progress in the eVTOL market, with the focus areas including precision engineering and sustainability. Companies such as Lilium and Volocopter are working on commercial eVTOL vehicles for urban air mobility. Germany has a friendly regulatory environment for eVTOL innovation. The European Union Aviation Safety Agency is working to create a framework for eVTOL certification. The German government is investing in infrastructure, such as designated vertiports and advanced air traffic management systems. Germany's robust manufacturing base and commitment to green technologies are going to be crucial factors in its rise in the eVTOL market.
• India: India's eVTOL market is still in the nascent stages, but holds great promise since the country has been rapidly urbanizing and struggling with infrastructure challenges. Companies like Vahana India and Urban Aeronautics are actively exploring eVTOL technology in air taxis and freight delivery. The Indian government is supportive of new transportation technologies, and India's burgeoning tech sector could help drive innovation in the space. While regulatory frameworks and infrastructure are yet to be built, the very dense urbanization and air pollution problems of this country make the case for a solution in eVTOL for future sustainable efficient urban air mobility.
• Japan: Japan has taken active participation and development of the eVTOL. Companies SkyDrive and Cartivator were developing personal air vehicles for air mobility in an urban environment. Japan's high-tech industry and expertise in robotics make it an ideal environment for eVTOL development. The Japanese government is working on creating the necessary infrastructure for these vehicles, including vertiports and air traffic management systems. Japan's population density and traffic congestion in major cities like Tokyo make eVTOLs a promising solution for the country's transportation challenges. This market development is accelerated with the government collaborating with private companies.

Features of the Global eVTOL Personal Air Vehicle Market

Market Size Estimates: eVTOL personal air vehicle market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2019 to 2024) and forecast (2025 to 2031) by various segments and regions.

Segmentation Analysis: eVTOL personal air vehicle market size by type, application, and region in terms of value ($B).

Regional Analysis: eVTOL personal air vehicle market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different type, application, and regions for the eVTOL personal air vehicle market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the eVTOL personal air vehicle market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the eVTOL personal air vehicle market by type (five seats, four seats, double seats, and single seat), application (individual and commercial), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

Table of Contents

1. Executive Summary

2. Global eVTOL Personal Air Vehicle Market : Market Dynamics

• 2.1: Introduction, Background, and Classifications
• 2.2: Supply Chain
• 2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2019 to 2031

• 3.1. Macroeconomic Trends (2019-2024) and Forecast (2025-2031)
• 3.2. Global eVTOL Personal Air Vehicle Market Trends (2019-2024) and Forecast (2025-2031)
• 3.3: Global eVTOL Personal Air Vehicle Market by Type
  • 3.3.1: Five Seats
  • 3.3.2: Four Seats
  • 3.3.3: Double Seats
  • 3.3.4: Single Seat
• 3.4: Global eVTOL Personal Air Vehicle Market by Application
  • 3.4.1: Individual
  • 3.4.2: Commercial

4. Market Trends and Forecast Analysis by Region from 2019 to 2031

• 4.1: Global eVTOL Personal Air Vehicle Market by Region
• 4.2: North American eVTOL Personal Air Vehicle Market
  • 4.2.1: North American eVTOL Personal Air Vehicle Market by Type: Five Seats, Four Seats, Double Seats, and Single Seat
  • 4.2.2: North American eVTOL Personal Air Vehicle Market by Application: Individual and Commercial
  • 4.2.3: The United States eVTOL Personal Air Vehicle Market
  • 4.2.4: Canadian eVTOL Personal Air Vehicle Market
  • 4.2.5: Mexican eVTOL Personal Air Vehicle Market
• 4.3: European eVTOL Personal Air Vehicle Market
  • 4.3.1: European eVTOL Personal Air Vehicle Market by Type: Five Seats, Four Seats, Double Seats, and Single Seat
  • 4.3.2: European eVTOL Personal Air Vehicle Market by Application: Individual and Commercial
  • 4.3.3: German eVTOL Personal Air Vehicle Market
  • 4.3.4: French eVTOL Personal Air Vehicle Market
  • 4.3.5: The United Kingdom eVTOL Personal Air Vehicle Market
• 4.4: APAC eVTOL Personal Air Vehicle Market
  • 4.4.1: APAC eVTOL Personal Air Vehicle Market by Type: Five Seats, Four Seats, Double Seats, and Single Seat
  • 4.4.2: APAC eVTOL Personal Air Vehicle Market by Application: Individual and Commercial
  • 4.4.3: Chinese eVTOL Personal Air Vehicle Market
  • 4.4.4: Japanese eVTOL Personal Air Vehicle Market
  • 4.4.5: Indian eVTOL Personal Air Vehicle Market
  • 4.4.6: South Korean eVTOL Personal Air Vehicle Market
  • 4.4.7: Taiwan eVTOL Personal Air Vehicle Market
• 4.5: ROW eVTOL Personal Air Vehicle Market
  • 4.5.1: ROW eVTOL Personal Air Vehicle Market by Type: Five Seats, Four Seats, Double Seats, and Single Seat
  • 4.5.2: ROW eVTOL Personal Air Vehicle Market by Application: Individual and Commercial
  • 4.5.3: Brazilian eVTOL Personal Air Vehicle Market
  • 4.5.4: Argentine eVTOL Personal Air Vehicle Market

5. Competitor Analysis

• 5.1: Product Portfolio Analysis
• 5.2: Operational Integration
• 5.3: Porter's Five Forces Analysis
• 5.4: Market Share Analysis

6. Growth Opportunities and Strategic Analysis

• 6.1: Growth Opportunity Analysis
  • 6.1.1: Growth Opportunities for the Global eVTOL Personal Air Vehicle Market by Type
  • 6.1.2: Growth Opportunities for the Global eVTOL Personal Air Vehicle Market by Application
  • 6.1.3: Growth Opportunities for the Global eVTOL Personal Air Vehicle Market by Region
• 6.2: Emerging Trends in the Global eVTOL Personal Air Vehicle Market
• 6.3: Strategic Analysis
  • 6.3.1: New Product Development
  • 6.3.2: Capacity Expansion of the Global eVTOL Personal Air Vehicle Market
  • 6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global eVTOL Personal Air Vehicle Market
  • 6.3.4: Certification and Licensing

7. Company Profiles of Leading Players

• 7.1: Lilium Gmbh
• 7.2: Vertical Aerospace
• 7.3: Pipistrel
• 7.4: Opener
• 7.5: Kitty Hawk
• 7.6: Volocopter
• 7.7: AeroMobil
• 7.8: Joby Aviation
• 7.9: Urban Aeronautics (Metro Skyways)
• 7.10: Samson Sky