<img src="https://ml.globenewswire.com/Resource/Download/afcc5182-4ae0-43a8-a965-4351d590b7ed?size=2" nborder="0" align="left" hspace="5" vspace="5" title="MnM_logo_TM_JPG.JPG" alt="MarketsandMarkets Research Pvt. Ltd."/>Delray Beach, FL, Aug. 20, 2026 <a href="https://www.globenewswire.com" target="_blank">(GLOBE NEWSWIRE)</a> -- The global <a href="https://www.globenewswire.com/Tracker?data=3aWCG8w_PrHaxu344PLdAlui2ztW3f1iQOBzW1SLB8FpU5zcMzNJ4JI1tZwU61c1qeQd-dg7nntKkhpVsJJ8VNpBImK7u-pEPBKFAAAI2RDbjmzkuR1AxiQ5HdpfYh_BzYr7AUqD5XrF_3gZIb-CoxcLVk2lDlExxLlbie5Y4PTVIznzKIiY0Ha0ASttOIzlzj_ypi6Y0MTJAFjdOUFf8Nq5Yeg4eLUN6kgSAQjshvl0APv8TbMAopdfpTl72mOuIiD_bj8nBt15VyXeY6FjuZRDBwPhLf5toAeNaCdd6Zg=" rel="nofollow" target="_blank" title="">eVTOL Aircraft Market</a> was valued at USD 3.19 billion in 2031 and is projected to reach USD 5.08 billion by 2035, registering a compound annual growth rate (CAGR) of 12.3% from 2031 to 2035, according to a new report by MarketsandMarkets™. Rapid urbanization is leading to increased road congestion in major cities, and governments and private operators are seeking faster point-to-point transportation options. eVTOL aircraft help meet this demand with shorter travel times and lower operating costs compared to helicopters, positioning the technology as a central pillar of the emerging advanced air mobility ecosystem. Get PDF Brochure — Market Data &amp; Segmentation: <a href="https://www.globenewswire.com/Tracker?data=KHK3J6ceM2uxx5QGvzAyLhwYgIgwF-SQnM3b9bubA_bF8QCKuN8qv72WYpsxo60QxMAm9AAYEz4Qq7JXR6JrWVcsl9ZLZaa3l5LwHLW6kQsSdqF6xNBlfVyjjKU1r4o4nRrC_5ytnq6OYE05fTDdB3B1-m_I7lYLw51v9sxv6TSEbaFB5fRwWvGmjtTapBE-MOd_c9_B8OeiwusjJIyr1wFvejSFinexIIx1bpdIi00n93wqUse5xpSpwRFpinXrTdyaOs8jenatkU3weJ8M6ibAoNC3dDGwKeZLMHWQkiRlVwOXpVe-90uq-KjvuGE3" rel="nofollow" target="_blank" title="">https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=28054110</a> Key Market Highlights <ul type="disc"><li style="margin-top:0in; margin-bottom:8pt;">Market Size in 2031: USD 3.19 BN</li><li style="margin-top:0in; margin-bottom:8pt;">Market Forecast in 2035: USD 5.08 BN</li><li style="margin-top:0in; margin-bottom:8pt;">Growth Rate: 12.3% (2031–2035)</li><li style="margin-top:0in; margin-bottom:8pt;">Fastest-Growing Lift Technology: Lift plus cruise segment</li><li style="margin-top:0in; margin-bottom:8pt;">Fastest-Growing Application: Cargo Transport/last-mile delivery</li><li style="margin-top:0in; margin-bottom:8pt;">Fastest-Growing Region: Middle East &amp; Africa</li><li style="margin-top:0in; margin-bottom:8pt;">Report Scope: 394 market data tables, 65 figures, 315 pages</li><li style="margin-top:0in; margin-bottom:8pt;">Key Players: Archer Aviation Inc. (US), Eve Holding, Inc. (Brazil), EHang (China), Joby Aviation (US), Airbus (Netherlands), Textron Inc. (US).</li></ul> Why This Market Matters eVTOL aircraft represent a fundamental shift in how cities and regions plan to move people and cargo, offering an electric, low-noise alternative to helicopters that promises faster point-to-point travel without the congestion of ground transport. As battery performance improves and regulatory frameworks mature, the technology is expanding beyond passenger air taxis into cargo logistics, medical transport, and emergency response — creating new commercial pathways for aerospace manufacturers, technology providers, and infrastructure developers. For governments and private operators investing in advanced air mobility ecosystems, the pace of eVTOL certification and deployment will shape the competitiveness of next-generation urban transportation networks. Market Overview The eVTOL aircraft market centers on electric vertical takeoff and landing platforms designed to address rising urban congestion by offering faster, lower-emission alternatives to conventional ground and helicopter transport. Improvements in battery performance are helping increase operating range and dependability, while cities push for cleaner transportation options and premium travelers increasingly prefer faster point-to-point travel — factors that together support steady growth in the global market. The eVTOL aircraft market is shifting toward automation and digital airspace systems, transforming competition as software and battery technology become as important as traditional aircraft design. Companies are investing in AI-based flight control and advanced electric propulsion to improve safety and efficiency, a shift that is bringing new technology players into the market and pushing traditional aerospace firms to adapt quickly. Growth is anchored by elevated demand for new mobility solutions and continued innovation in electric propulsion and battery technology. However, the market continues to face restraints from regulatory and certification uncertainty, as evolving safety standards for electric propulsion and autonomous systems cause delays in approvals, along with limited battery range and payload constraints. Looking forward, expansion into medical and emergency services is emerging as a significant opportunity, allowing eVTOL aircraft to facilitate emergency medical transport and disaster response with quicker deployment in urban and remote areas — though infrastructure development and integration remain an ongoing challenge, with limited vertiports and charging infrastructure hindering large-scale deployment. Analyst Perspective According to MarketsandMarkets™, rising traffic congestion and urbanization are increasing demand for faster city transport solutions, with eVTOL aircraft offering low-emission and time-saving alternatives that are accelerating investments and partnerships across the industry. At the same time, evolving safety standards for electric propulsion and autonomous systems continue to cause delays in regulatory approvals, and varying regulations across countries are raising costs and complicating market entry for manufacturers pursuing global commercialization. Looking ahead, analysts see expansion into medical and emergency services as a meaningful opportunity for the market, with eVTOL aircraft able to facilitate emergency medical transport and disaster response through quicker deployment in both urban and remote areas — early adoption in this segment could create initial revenue opportunities ahead of broader passenger commercialization. At the same time, limited vertiports and charging infrastructure remain a constraint on large-scale deployment, underscoring the need for strong coordination between governments and private-sector stakeholders to enable seamless integration of eVTOL operations into existing transportation networks. Inquiry Before Buying — Get Custom Insights: <a href="https://www.globenewswire.com/Tracker?data=KHK3J6ceM2uxx5QGvzAyLhwYgIgwF-SQnM3b9bubA_al2Ajp_Zj34yUFUWWLshkoeRyqCJd758tJBfJg9luOYdVO-yKXYFaDU_ZpYdmB_Qq133Ns1lSctKKVmykOpazYZEmhhJDeUTnNXwDT5Gieizxy6bw9Kca0rtQsLIKRyoep5nZKRqj0M_hR3mkJYdYWL3sRFi_nm2gh0jX9iTpY2WiWjJxCrG50mFV4aCTDqoA8nAp6ie2SEG7AnfbS0pIwkt_gAqmOMvw1FsqV1U_WOkUR4vuYZlSTYliqVnYBte2L7BWA5hkdohaEnYr3UXn-CQE1ejZ-nKzgo0gPdJKFSpa5T6Hh5UdxJFZrKP7_wy4=" rel="nofollow" target="_blank" title="">https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=28054110</a> Segment Analysis By Lift Technology: The multirotor segment dominates the market, providing better stability and a simpler mechanical design that reduces development risk, and is preferred for urban operations due to precise vertical takeoff and landing capability in confined spaces. However, the lift plus cruise segment is projected to record the highest CAGR of 13.9% from 2031 to 2035, reflecting elevated demand for urban and regional air mobility. By MTOW: The 1,001–2,000 kg segment holds the largest market share, offering an ideal balance between passenger capacity and battery efficiency for urban air mobility, supporting short- to medium-range routes suited to city transportation networks. By Propulsion: The fully electric segment dominates the market, supporting zero-emission operations and quieter performance essential for urban use, while reducing reliance on fuel and aligning with government sustainability goals. By Operating Range: The ≤200 km segment dominates the market, as most urban air mobility routes are short-distance city or airport transfers requiring less battery capacity, which reduces aircraft weight and cost while improving turnaround time and route frequency. By System: The batteries &amp; cells segment dominates the market, as energy storage is the key component determining performance and range, with ongoing investment in advanced lithium-based battery technology fueling innovation. By Mode of Operation: The piloted segment dominates the market, as regulatory authorities currently require onboard pilots for certification and commercial approval, boosting passenger confidence during early deployment phases. The fully autonomous segment, however, is projected to grow at the fastest rate from 2025 to 2030 as airspace digitalization advances. By Application: The special mission &amp; other applications segment leads the market, as defense, emergency response, and surveillance use cases enable early adoption with controlled operations and fewer passenger-related certification barriers. The cargo transport/last-mile delivery segment is expected to exhibit the fastest growth during the forecast period, driven by consumer demand for quick, contactless, and sustainable logistics. Regional Analysis Asia Pacific held the largest market share in 2025, reflecting the region's scale of urban mobility demand and expanding manufacturing base. The Middle East &amp; Africa is expected to be the fastest-growing region during the forecast period, as governments in the UAE and Saudi Arabia invest heavily in smart city initiatives and advanced air mobility infrastructure. The region is encouraging innovation-friendly regulations and public-private partnerships to speed up eVTOL deployment, with a strong emphasis on tourism, luxury mobility, and futuristic transportation solutions fueling early adoption across major cities. Beyond these regions, the report covers market dynamics across North America (US and Canada), Europe (UK, Germany, France, Ireland, Spain, and the Rest of Europe), the rest of Asia Pacific (China, India, Japan, Australia, South Korea, and the Rest of Asia Pacific), and Latin America (Brazil, Mexico, and Argentina). Key Industry Trends <ul type="disc"><li style="margin-top:0in; margin-bottom:8pt;">Shift Toward Automation and Digital Airspace Systems: Software and battery technology are becoming as important as traditional aircraft design, bringing new technology entrants into the market and pushing established aerospace firms to adapt.</li><li style="margin-top:0in; margin-bottom:8pt;">AI-Based Flight Control: Companies are investing in AI-driven flight control systems and advanced electric propulsion to improve safety and operational efficiency.</li><li style="margin-top:0in; margin-bottom:8pt;">Expansion Beyond Passenger Transport: Cargo transport, last-mile delivery, and special mission applications are opening new commercial pathways beyond traditional urban air taxi use cases.</li><li style="margin-top:0in; margin-bottom:8pt;">Progress Toward Commercial Certification: Regulatory milestones, including FAA and EASA certification progress, are advancing the pathway toward large-scale commercial air taxi operations.</li><li style="margin-top:0in; margin-bottom:8pt;">Infrastructure and Vertiport Development: Growing investment in vertiport networks and urban air traffic management is critical to supporting scalable eVTOL operations.</li></ul> Competitive Landscape The eVTOL aircraft market ecosystem includes manufacturers such as Eve Holdings Inc., Archer Aviation, Vertical Aerospace, and EHang, which develop electric vertical takeoff and landing aircraft for urban mobility. Technology providers including Honeywell, Rolls-Royce, Thales, and Safran support the market with propulsion systems, avionics, and flight control solutions, while end users such as DHL, UPS, Japan Airlines, United Airlines, and the US Department of Defense are considering eVTOL platforms for passenger transport, cargo logistics, and defense operations. 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Report Code: AS 9265 | Published: 18 Feb 2026 | Report Pages: 315 | Market Data Tables: 394 | Figures: 65</pre> <img alt="" src='https://ml.globenewswire.com/media/ODg0YTM4YWItNzY1MS00NmY2LWJjYjEtNzJlZTZmMDk2ZTJhLTEyMDYwNjctMjAyNi0wOC0yMC1lbg==/tiny/MarketsandMarkets-Research-Pvt.png' referrerpolicy='no-referrer-when-downgrade' />

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eVTOL Aircraft Market to Reach USD 5.08 Billion by 2035, Growing at 12.3% CAGR, Says MarketsandMarkets™

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