Europe eVTOL Aircraft Market Research Report: By Type (Air Taxis, Delivery Drones and others), By Battery Type (Lithium-Ion Batteries, Solid-State Batteries and Hydrogen Fuel Cells), By Lift Technology (Multirotor, Vectored Thrust, Lift Plus Cruise and other), By Type of Propulsion (Fully Electric, Hybrid, Electric Hydrogen) and By Mode of Operation (Piloted and Optionally Piloted)- Forecast to 2035

Europe eVTOL Aircraft Market Overview

Europe eVTOL Aircraft Market Size was estimated at 225.0 (USD Million) in 2023. Europe eVTOL Aircraft Market Industry is expected to grow from 300.0(USD Million) in 2024 to 4,187.91 (USD Million) by 2035. Europe eVTOL Aircraft Market CAGR (growth rate) is expected to be around 27.081% during the forecast period (2025 - 2035).

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Key Europe eVTOL Aircraft Market Trends Highlighted

Lately, improvements in technology and a rise in the need for urban air mobility have led to the growth of Europe an eVTOL Aircraft Market. Sustainable transportation is one of the most important factors driving the market, and several European nations are adopting electric technologies. Electric air mobility systems have been introduced to reduce carbon emissions during the construction of modern cities due to the EU's high climate goals. Additionally, there is regulatory encouragement in Europe an market with regard to eVTOL aircraft. Currently, Europe an Union Aviation Safety Agency (EASA) is establishing standards for the certification and operation of eVTOL aircraft within the existing air traffic control systems.

This move allows these aircraft to be operated safely while also managing safety and other operational issues. There is also a lot of opportunity to utilize Europe an eVTOL market, especially in the cities with high population growth but lacking transport facilities. Paris and London are working on eVTOL solutions for both passenger transport and logistics, and this opens new opportunities for businesses and service providers. In addition, cooperation between aviation startup companies, established aerospace companies and regional authorities is becoming typical these days in the eVTOL industry. Such partnerships help come up with new ideas, conduct research and development work, and conduct financing activities with the objective of making operational prototypes available for use.

In general, because of its dedication to sustainability, friendly laws and rules, and the growing requirement for modern mobility systems in cities, Europe is still at the front when it comes to the development and adoption of eVTOL aircraft technologies.

Europe eVTOL Aircraft Market Drivers

Government Support and Regulations

Europe eVTOL Aircraft Market Industry is witnessing significant growth due to strong government support and favorable regulatory frameworks. Europe an Union Aviation Safety Agency (EASA) has been actively facilitating the development of eVTOL technologies by establishing guidelines that streamline the certification process. This effort assists in the emergence of innovative urban air mobility solutions, potentially attracting hundreds of millions in investment.Furthermore, Europe an Commission has identified air mobility as a crucial element of its Green Deal, boosting initiatives towards sustainable air transport. By fostering a regulatory environment that encourages innovation and adoption, the EU aims to reduce urban congestion and promote environmental sustainability. This sizeable push from the EU, along with individual country initiatives, highlights the market's anticipated growth based on solid government backing, thus establishing a favorable backdrop for Europe eVTOL Aircraft Market Industry.

Technological Advancements

Rapid advancements in electric propulsion and battery technology are driving Europe eVTOL Aircraft Market Industry. As battery density improves, eVTOL aircraft can achieve longer flight ranges and greater efficiency, making air travel more accessible. According to Europe an Battery Alliance, production capacity in Europe is expected to reach around 400 GWh by 2030. This will provide the necessary infrastructure for eVTOL aircraft development by supplying batteries that meet market needs.Additionally, companies like Airbus are investing heavily in research and development initiatives focusing on advanced aerodynamics and electric systems, further catalyzing market growth. The potential for these technological innovations lays the foundation for a flourishing eVTOL landscape in Europe.

Urban Congestion and Demand for Alternative Transport

Urban congestion in major European cities is a significant driver for the eVTOL Aircraft Market Industry. With rising populations and increased vehicle ownership, cities like London and Paris are grappling with traffic jams that hamper productivity. Europe an Commission's Transport in Europe an Union report indicates that congestion costs European cities around 1-2% of their GDP annually. This urgent need for alternative transportation solutions has led urban planners and policymakers to explore innovative options like eVTOL aircraft.By providing a new layer of transportation, eVTOLs can alleviate ground traffic issues, thereby increasing commuter convenience and attracting investments into urban air mobility solutions.

Focus on Sustainable Travel Solutions

There is a growing emphasis on sustainability in the aviation industry, significantly impacting Europe eVTOL Aircraft Market Industry. Europe an Union's push for carbon neutrality by 2050 is driving the development and adoption of low-emission flight technologies. Studies indicate that urban air mobility solutions using eVTOL could reduce greenhouse gas emissions by up to 80% compared to traditional helicopters. This aligns with public sentiment, as surveys indicate that a substantial number of Europeans prioritize eco-friendly transportation options.Leading aerospace companies are also establishing partnerships with environmental organizations to develop eVTOL models that meet stringent sustainability criteria. This concerted effort is propelling the growth of the market in Europe, favoring innovative solutions that contribute to a greener future.

Europe eVTOL Aircraft Market Segment Insights

eVTOL Aircraft Market Type Insights

The Type segment of Europe eVTOL Aircraft Market demonstrates a dynamic landscape characterized by various applications pivotal for urban air mobility. Dominating this segment are Air Taxis, which are being developed to alleviate congestion in major European cities, enhancing urban transportation efficiency. These aircraft offer the promise of reduced travel times, catering to a tech-savvy consumer base keen on innovative mobility solutions. In parallel, Delivery Drones have emerged with significant relevance in the region, driven by the rising trend of e-commerce and demand for rapid logistics solutions.The efficiency and cost-effectiveness of these drones enable last-mile delivery services to operate smoothly, which is critical in densely populated areas. Additionally, other applications within this segment, including cargo transport and emergency services, are seeing growth as regulatory frameworks are gradually accommodating the integration of eVTOLs into existing airspace. Europe an Union has been actively collaborating with industry stakeholders to create regulatory frameworks that support the safe deployment of these advanced aerial vehicles.The robust technological advancements, along with government initiatives, underpin the evolving nature of Europe eVTOL Aircraft Market, positioning it favorably for sustained growth. This diverse Type segmentation not only highlights the multifaceted applications of eVTOL technologies in Europe but also reflects the market's potential to address pressing challenges in urban transport, logistics, and emergency response operations, driving its overall evolution in the coming years.

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

eVTOL Aircraft Market Battery Type Insights

The Battery Type segment of Europe eVTOL Aircraft Market plays a crucial role in the overall dynamics of the industry. This segment is primarily divided into three key types: Lithium-Ion Batteries, Solid-State Batteries, and Hydrogen Fuel Cells. Lithium-Ion Batteries have gained substantial traction due to their well-established technology and energy density, making them a popular choice among manufacturers for shorter urban commutes. Meanwhile, Solid-State Batteries are emerging as a significant option due to their potential for safer, more efficient energy storage, which aligns with Europe’s stringent safety standards.Hydrogen Fuel Cells, while still developing, present a promising opportunity for longer-range applications, contributing to reduced emissions and supporting sustainability goals within the region. As various governments in Europe emphasize green technology and urban air mobility, the demand for innovative battery solutions is expected to rise. However, challenges such as production costs and technological maturity could impact the growth trajectory of these various battery types. The ongoing advancements in battery technology are essential to support the ambitious targets set by Europe for eVTOL aircraft integration into existing transportation frameworks, reflecting the dynamic nature of Europe eVTOL Aircraft Market revenue.

eVTOL Aircraft Market Lift Technology Insights

The Lift Technology segment within Europe eVTOL Aircraft Market has become a focal point for innovation and development, driven by advancements in aerodynamics and battery technology. This segment includes various configurations such as Multirotor, Vectored Thrust, Lift Plus Cruise, and others, each offering unique advantages that cater to diverse operational needs. Multirotor designs are increasingly popular for urban air mobility due to their simplicity and reliability, allowing for vertical takeoff and landing in confined spaces, which are essential features in densely populated European cities.Vectored Thrust technology is significant for its efficiency in horizontal flight, providing potential for longer range and better performance, which is crucial as regulatory frameworks evolve. Lift Plus Cruise configurations combine the best attributes of both multirotor and fixed-wing designs, enabling a versatile approach to eVTOL aircraft that meets a variety of mission profiles. Furthermore, this Lift Technology segment is witnessing rapid advancements, positioning it as a major contributor to the overall transformation of urban air transport in Europe as stakeholders continue to explore sustainable solutions for future mobility.With strong government backing and initiatives aimed at reducing municipal congestion, the segment is poised for significant growth and innovation in the years to come.

eVTOL Aircraft Market Type of Propulsion Insights

Europe eVTOL Aircraft Market is showing remarkable potential, driven largely by advancements in various types of propulsion technologies. The Type of Propulsion segment encompasses several categories, including Fully Electric, Hybrid, and Electric Hydrogen systems, each contributing to the market's dynamic landscape. Fully Electric propulsion is particularly significant due to its eco-friendly nature and ability to reduce operational costs, aligning with Europe’s stringent environmental regulations. Hybrid systems combine traditional fuels with electric power, offering extended range and flexibility, which is crucial for urban air mobility solutions in densely populated regions.Electric Hydrogen propulsion is an emerging technology that stands to revolutionize the industry with its promise of zero emissions and longer flight times, tapping into Europe's goal of converting to sustainable energy sources. The adoption of these varied propulsion types is shaping Europe eVTOL Aircraft Market segmentation as the emphasis on green technologies and sustainable transport solutions grows. The increasing focus on efficiency, regulatory support, and urban infrastructure development also presents opportunities that can further enhance the significance of these propulsion types in reshaping air travel across Europe.As stakeholders continue to innovate and push the boundaries of what is possible, the Type of Propulsion segment will play a pivotal role in the overall growth of the industry.

eVTOL Aircraft Market Mode of Operation Insights

The Mode of Operation segment of Europe eVTOL Aircraft Market is crucial in shaping the future of urban air mobility. This segment is primarily divided into Piloted and Optionally Piloted categories, both offering unique advantages that cater to varying customer needs. Piloted eVTOL aircraft align with traditional aviation protocols, ensuring safety and reliability, which makes them appeal for commercial operations and regulatory acceptance. Optionally, Piloted vehicles present a significant opportunity for flexibility, allowing operators to either have a pilot onboard or rely on automated controls, thereby reducing operational costs and enhancing efficiency.With the rapid urbanization and increasing congestion in European cities, the adoption of eVTOL aircraft is gaining momentum, supported by government initiatives aimed at reducing urban traffic and improving air service accessibility. As the demand for innovative transportation solutions continues to expand, both modes of operation will play pivotal roles in driving the growth and integration of eVTOLs into existing air transportation frameworks, highlighting their importance in Europe eVTOL Aircraft Market segmentation.

Europe eVTOL Aircraft Market Key Players and Competitive Insights

Europe eVTOL Aircraft Market has witnessed rapid evolution, driven by technological advancements, regulatory support, and rising urban air mobility demands. The competitive landscape features a diverse range of players, including established aerospace companies and emerging startups, each contributing unique capabilities and innovations. As the market expands, competition is characterized by strategic partnerships, investments in research and development, and efforts to address regulatory challenges. Key players in the market are focused on developing operational prototypes, optimizing supply chains, and enhancing the efficiency of eVTOL solutions to establish and reinforce their market presence in a sector poised for significant growth. As the region continues to lay the groundwork for eVTOL operations, the interplay of these competitive dynamics will determine the leaders in this nascent industry.Heliogen has carved a niche within Europe eVTOL Aircraft Market through its forward-thinking approach to sustainable aviation solutions. The company aims to harness innovative technologies that align with green energy initiatives across Europe, thus positioning itself as a leader in environmentally friendly transportation. Heliogen's strengths lie in its ability to integrate advanced energy systems that leverage solar power, enhancing operational efficiencies while minimizing carbon emissions. Its focus on developing lightweight structures and robust propulsion systems allows Heliogen to compete effectively despite the crowded marketplace. By fostering collaborations with local authorities and industry partners, the company is enhancing its market presence and ensuring compliance with evolving regulatory frameworks in the region.Thales has established a robust foothold in Europe eVTOL Aircraft Market through its extensive expertise in avionics, software solutions, and integrated systems for aerospace applications. The company offers a range of key products and services, including flight control systems, navigation solutions, and cybersecurity measures tailored for eVTOL operations. Thales's strengths lie in its advanced technology offerings and its commitment to safety and reliability, positioning it as a trusted partner for manufacturers and operators alike. With ongoing investments in research and development, Thales is not only enhancing its existing product lines but also engaging in strategic alliances and potential mergers and acquisitions to expand its capabilities in the eVTOL space. The company's strong presence across various European markets allows it to leverage local insights and address specific regulatory challenges, further solidifying its competitive edge in the evolving landscape of urban air mobility.

Key Companies in Europe eVTOL Aircraft Market Include:

• Heliogen


• Thales


• Airbus


• Joby Aviation


• Textron Aviation


• Northrop Grumman


• Pipistrel


• Karem Aircraft


• Urban Aeronautics


• Volocopter


• SkyDrive


• Boeing


• EHang


• Lilium


• Vertical Aerospace

Europe eVTOL Aircraft Market Industry Developments

Europe eVTOL Aircraft Market has seen significant activity recently, with several key developments. A notable focus has been on the collaboration between major players such as Airbus and eVTOL manufacturers to advance urban air mobility. In June 2023, Volocopter announced its successful test flights for the VoloCity aircraft in urban environments, demonstrating the potential for commercial operations soon. Joby Aviation is also expanding its European presence and preparing to initiate strategic partnerships to augment infrastructure support for air taxis. Merger and acquisition activity includes Lilium, which, in September 2023, acquired a component technology company to enhance its aircraft’s capabilities. Growth in Europe an eVTOL sector is reflected in increased investments from private equity, bolstered by government backing, to develop vertiports and regulatory frameworks. Europe an Union has been instrumental in fostering innovation through initiatives focused on sustainable aviation. Recent regulations emphasize safety, which has accelerated the industry's readiness for commercial application. With key players like Northrop Grumman and Textron Aviation also showing interest in developing eVTOL technologies, the market valuation is steadily rising, promising a transformative effect on urban mobility in the region.

Europe eVTOL Aircraft Market Segmentation Insights

eVTOL Aircraft Market Type Outlook

• Air Taxis


• Delivery Drones and others

eVTOL Aircraft Market Battery Type Outlook

• Lithium-Ion Batteries


• Solid-State Batteries and Hydrogen Fuel Cells

eVTOL Aircraft Market Lift Technology Outlook

• Multirotor


• Vectored Thrust


• Lift Plus Cruise and other

eVTOL Aircraft Market Type of Propulsion Outlook

• Fully Electric


• Hybrid


• Electric Hydrogen

eVTOL Aircraft Market Mode of Operation Outlook

• Piloted and Optionally Piloted

Report Scope

Report Attribute/Metric Source	Details
MARKET SIZE 2018	225.0(USD Million)
MARKET SIZE 2024	300.0(USD Million)
MARKET SIZE 2035	4187.91(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR)	27.081% (2025 - 2035)
REPORT COVERAGE	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR	2024
MARKET FORECAST PERIOD	2025 - 2035
HISTORICAL DATA	2019 - 2024
MARKET FORECAST UNITS	USD Million
KEY COMPANIES PROFILED	Heliogen, Thales, Airbus, Joby Aviation, Textron Aviation, Northrop Grumman, Pipistrel, Karem Aircraft, Urban Aeronautics, Volocopter, SkyDrive, Boeing, EHang, Lilium, Vertical Aerospace
SEGMENTS COVERED	Type, Battery Type, Lift Technology, Type of Propulsion, Mode of Operation
KEY MARKET OPPORTUNITIES	Urban air mobility integration, Advanced air traffic management, Environmental sustainability regulations, Regional air transport demand, Innovative cargo delivery solutions
KEY MARKET DYNAMICS	Regulatory advancements , Urban air mobility demand , Technological innovations , Investment growth , Sustainability initiatives
COUNTRIES COVERED	Germany, UK, France, Russia, Italy, Spain, Rest of Europe