What is the projected global eVTOL market size by 2030?

The global eVTOL market is projected to reach $28.5 billion by 2030, growing from $1.8 billion in 2024 at a compound annual growth rate of 52.8%. This growth reflects advancing battery technology, regulatory certification progress, and infrastructure development across major metropolitan regions worldwide.

Which countries lead eVTOL market development?

The United States leads with a projected $8.2 billion market by 2030, followed by China ($5.8 billion), Germany ($2.4 billion), United Kingdom ($1.8 billion), and Japan ($1.6 billion). These markets benefit from strong regulatory frameworks, substantial investment, and established aerospace manufacturing capabilities.

Who are the leading eVTOL manufacturers?

Leading manufacturers include Joby Aviation and Archer Aviation (United States), Lilium and Volocopter (Germany), Vertical Aerospace (United Kingdom), and EHang Holdings (China). These companies have raised billions in funding and are targeting FAA and EASA certifications between 2025-2026 for commercial operations.

When will commercial eVTOL flights begin?

Commercial eVTOL operations are expected to begin in 2025-2026 following regulatory certifications from the FAA and EASA. Initial routes will focus on airport transfers and urban air taxi services in major metropolitan areas including Los Angeles, Dallas, Paris, and Dubai.

What technology improvements will drive eVTOL market growth?

Key technology drivers include battery energy density improvements from 280 Wh/kg to 500 Wh/kg by 2030, enabling longer ranges up to 200 miles. Autonomous flight system certifications expected by 2028-2029 could reduce operating costs by 40% by eliminating pilot requirements.

eVTOL Market Size Trends and Forecast Statistics by Country and Company 2026-2030

The global eVTOL market is projected to reach $28.5 billion by 2030, with Joby Aviation, Lilium, and Archer leading commercialization efforts across the United States, Europe, and Asia-Pacific regions.

Published: December 25, 2025 By Marcus Rodriguez Category: Aerospace

eVTOL Market Size Trends and Forecast Statistics by Country and Company 2026-2030

Executive Summary: The electric vertical takeoff and landing (eVTOL) aircraft market is entering a critical commercialization phase, with global valuations projected to surge from $1.8 billion in 2024 to $28.5 billion by 2030. This comprehensive analysis examines market dynamics across 15 countries, profiles 20 leading manufacturers, and identifies key investment trends shaping the urban air mobility revolution through the end of the decade.

Global Market Overview and Valuation Trajectory

The eVTOL industry has transitioned from experimental prototypes to certified aircraft, with Joby Aviation and Archer Aviation leading the regulatory approval race. According to analysis from Morgan Stanley Research, the total addressable market for urban air mobility could exceed $1.5 trillion by 2040, with eVTOL aircraft capturing the largest share of passenger and cargo transport segments.

Market research from Grand View Research indicates the eVTOL market will expand at a compound annual growth rate of 52.8% between 2024 and 2030. This acceleration reflects improving battery energy density, advancing autonomous flight systems, and accelerating regulatory certification timelines across major aviation authorities.

Market Size by Year 2024-2030

The following projections represent consolidated estimates from PitchBook, Bloomberg Intelligence, and industry-specific research institutions:

2024: $1.8 billion global market valuation with approximately 150 operational test aircraft worldwide. Investment continues flowing into certification programs, with over $3.2 billion deployed across Series C and D funding rounds.

2025: $3.4 billion projected market size as first commercial certifications are granted. European Union Aviation Safety Agency and Federal Aviation Administration are expected to issue initial type certificates.

2026: $6.2 billion market valuation with commercial operations launching in 8-12 metropolitan areas globally. Infrastructure investments accelerate with 50+ vertiports under construction across Europe, North America, and Asia.

2027: $10.5 billion as fleet deployments scale beyond pilot programs. Battery technology improvements extend range capabilities to 150+ miles, enabling intercity routes.

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