Redefining Urban Mobility: Competitive Analysis of eVTOLs

The eVTOL (Electric Vertical Takeoff and Landing) Market is set for remarkable growth, according to Stratview Research. With an initial value projected at $163.9 million in 2023, it's expected to soar to $55.7 billion USD by 2040. Anticipating an impressive Compound Annual Growth Rate (CAGR) of ~50% from 2025-2030, followed by a sustained double-digit CAGR, this sector promises significant innovation. Notably, leading Original Equipment Manufacturers (OEMs) are evenly distributed between North America and Europe, reflecting a competitive landscape.