Innovating Sustainable Aviation: eVTOL Trends Revealed

The eVTOL (Electric Vertical Takeoff and Landing) Market, as projected by Stratview Research, is poised for substantial growth. Starting at $163.9 million in 2023, it's forecasted to surge to an impressive $55.7 billion USD by 2040. Anticipated to exhibit a remarkable Compound Annual Growth Rate (CAGR) of ~50% from 2025-2030 and maintain a double-digit CAGR thereafter, the market signifies significant advancement. Notably, leading Original Equipment Manufacturers (OEMs) are almost evenly distributed between North America and Europe. This balanced presence emphasizes global interest and investment in eVTOL technology.