eVTOL Aircraft: Exploring Market Growth, Key Technologies, and Future Opportunities
The eVTOL aircraft market is set for significant growth, expanding from USD 1.2 billion in 2023 to USD 23.4 billion by 2030. This surge is fueled by advancements in electric propulsion, the rising demand for urban air mobility, and environmental pressures for cleaner aviation solutions. With a projected CAGR of 52.0%, the eVTOL industry is one of the most dynamic and rapidly evolving sectors.
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