Global eVTOL Aircraft Market to Grow at CAGR of over 20% during 2019-2024 | TechSci Research
Need for quick transportation along with increasing traffic congestion in various countries to drive global eVTOL aircraft market through 2024 According to TechSci Research report, “ Global eVTOL Aircraft Market By Application, By Propulsion, By Range, By Region, Competition, Forecast & Opportunities, 2024 ” , global eVTOL aircraft market is expected to witness extensive growth in the forthcoming years on account of effectiveness of the electric systems over combustion systems and surging demand for fuel efficient environment friendly aircraft. eVTOL or electric vertical take-off and landing aircraft can land, take off and hover vertically. Moreover, growing investment in vertical take-off and landing technology by numerous companies is further positively influencing global eVTOL aircraft market. Global eVTOL aircraft market can be segmented based on application, propulsion and range. In terms of propulsion, the market can be segmented into electric b...