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eVTOL Aircraft Market Takes Flight as Focus on Sustainable Aircraft Soars

eVTOL Aircraft Market Takes Flight as Focus on Sustainable Aircraft Soars

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  • Joby Aviation managed to raise over USD 1 billion. The company, has indulged in a strategic alliance with Toyota to develop a network of commercial air taxis, which will be launched in the US by 2024, prior to expanding worldwide.
  • Airbus, one of the most reputed aircraft manufacturers in Europe, is currently focused on a broad range of eVTOL projects, which should further elevate its position in the aviation industry. 
  • Beta Technologies signs a deal with blade, a start-up owned by Uber-For-Helicopters, to supply 20 aircraft. It is also a part of a contract, which will see it sell an aircraft fleet to UPS to carry out cargo delivery.
  • Lilium is currently developing a 7-seater craft that comes with 36 ducted fans present on the tilting banks as well as 14-location air-taxi service that will begin in Florida somewhere around 2024.


Market Research Future, a well-known market analysis company, expects the eVTOL aircraft market to thrive at a spectacular rate of 30.30% between 2019 and 2030. The market value by 20230 is anticipated to be nearly USD 4,063.3 million, adds MRFR. 

Air travel is one of the most efficient and also the quickest modes of transportation, given that it makes use of natural routes with no need for actual construction of extra routes. Air travel remains unaffected by any kind of obstacles like steep mountains, dense forests, oceans, and deserts.

With that said, the current transportation mediums have numerous drawbacks, despite being the fastest transportation modes. The aviation industry is heavily dependent on fuel combustion engines, which are known for producing considerably toxic gases and contributing immensely to air pollution.

To deal with such challenges, aircraft manufacturers are spending massive amounts of money, effort, and time to develop a viable, sustainable alternative to conventional air transportation like electric or hybrid-electric aircraft.

The introduction of electric aircraft brought about a significant transformation in the aviation industry. These types of aircraft are a sustainable, environment-friendly alternative to conventional aircraft. They can potentially transform how people transport by carrying people as well as freight more silently, affordably and rapidly, than the traditional approach.

Compared to a vertical take-off and landing (VTOL) aircraft, electric vertical take-off and landing (eVTOL) aircraft provides a host of competitive advantages. These are commercial, light aircraft can land and take off vertically similar to helicopters while fly ahead similar to airplanes.

They are either propelled using a battery or a combination of battery as well as a conventional engine. Existing design versions are pilot operated and are under development, while the autonomous aircraft are being created as well. eVTOL aircraft are eco-friendly, can fly at very low altitude, generate absolutely no noise, and have a lot of potential to be used for urban aerial mobility.

Commercial and civil use holds the highest share in the eVTOL aircraft industry, with substantial demand for rotorcraft and multirotor.

What Does eVTOL Stand For?

eVTOL stands for electric vertical take-off & landing. VTOL is a term used for describing helicopters as well as tilt-rotor aircraft that take off and land vertically unlike traditional aircraft that roll down a runway.

The “e” in eVTOL indicates that the craft is electricity powered instead of using internal combustion engines. It’s the same difference between an electric vehicle and a traditional car.

How Does It Work?

In view of the series of advances in electric motor, battery technology, and materials science, electric aircraft’ viability remains undisputed. By combining a variety of electric motors with large onboard batteries and propellers, electric aircraft are able to safely carry passengers as well as cargo, depending on the payload and aircraft requirements.

The three operation methods of eVTOLs are:

  • The tilt-thrust method involves the use of Joby Aviation and V-22 Osprey craft. In this, the propellers are able to change their positions from giving all the lift required for lifting the aircraft to a forward-facing stance. This facilitates propulsion, while the conventional wings only offer lift.
  • The other method is a type of lift and cruise form involving multiple props offering lift similar to a helicopter. On the other hand, a fixed motor offers forward propulsion.
  • The final method involves a multirotor system that very similar to DJI drones flown around a neighborhood, with several fixed rotors offering an upward lift as well as forward thrust by pushing the vehicle forward.

All three methods come with minuses and pluses; however it is the tilt-thrust method that enjoys the most popularity among eVTOL developers and is used extensively to move cargo and passengers over long distances.

Tilt-thrust ensures higher payloads and longer range compared to other types of designs, with the trade-offs associated with engineering complexity that are now solvable owing to the latest advances in the electric motor design.

Major Applications

eVTOL Application in Agriculture

Despite the time that has passed, agriculture as an industry has remained almost the same. The majority of the farmers worldwide are still utilizing manual harvesting techniques, although now the prevalence of tech-based, autonomous models has been surging. GPS technology and robotic systems facilitate highly precise crop monitoring as well as less dependence on blanket fertilization techniques.

This is where the eVTOL technology has made a huge name for itself. For instance, Guardian Agriculture is a renowned firm that is focused on developing eVTOLs for use in crop farming.

The company’s range of eVTOLs are completely autonomous and make use of the data gathered during checks for crop protection from several threats. This can include fertilizer and moisture monitoring, crop dusting and more, which results in enhanced farm efficiency.

eVTOL in Logistics

eVTOL technology’s application in logistics is an exciting space, with various companies such as the Royal Mail, Amazon, and UPS leveraging its potential. Although it may not possibly completely replace the conventional land-based logistics, it facilitates efficient deliveries to any type of location in lesser time than a truck or a van.

The use of eVTOL technology in the logistics sector has a host of benefits, as it ensures that lightweight and cheap cargo is shipped faster and more and efficiently than land-based deliveries, as the latter has to face road traffic.

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