eVTOL Aircraft Market is projected to register a CAGR of 30.30% during the forecast period of 2018–2030
Overview Global eVTOL Aircraft Market is expected to reach USD 4,063.3 Million by 2030 at a CAGR of 30.30% during the forecast period. The growth of the global eVTOL aircraft market can be attributed to rising traffic congestion and rapid technological advancements. However, safety concerns and limited endurance are expected to restrain the et growth during the forecast period. Regional Analysis The geographic analysis of the global eVTOL aircraft market includes North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin Africa. The market in North America was valued at USD 78.0 Million in 2018 . The US and Canada are the country-level markets in North America. The market in the region is expected to reach USD 1,508.3 Million by 2030 at a 29.54% CAGR during the forecast period. This growth can be attributed to the presence of prominent companies such as Aurora Flight Sciences and Workhorse. Furt...