- United Parcel Service (UPS) announced the testing of electric vertical take-off and landing aircraft (eVTOLs) for package delivery in April’2022. The company plans to test the 10 Evtol Purchased from Beta Technologies (Beta) for the use in its Express Air Delivery network. These are set to be delivered to UPS in 2024 after receiving the certification from the Federal Aviation Administration (FAA).
Frequently Asked Questions
The market is segmented based on Global Electric Vertical Take-off and Landing Market Segmentation, By Types (Fixed Wing Aircraft, Helicopters, Cyclocopters, Tiltrotors), Modes (Conventional Take- off and Landing, Short Take-off and Landing, Short Take-off and Vertical Landing), Product Type (Vectored Thrust , Multirotor ), Application (Civil , Military) - Industry Trends and Forecast to 2032
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The Global Electric Vertical Take Off And Landing Market size was valued at USD 50.04 USD Billion in 2024.
The Global Electric Vertical Take Off And Landing Market is projected to grow at a CAGR of 18.1% during the forecast period of 2025 to 2032.
The market report covers data from the U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA)..
