Massive Growth Opportunities for the US Military Electric Vertical Take-off and Landing Aircraft
Advances in potential military applications increase interest in the commercial eVTOL industry
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The necessity of developing green fuel for aircraft and airlines drives the development of the electric vertical take-off landing aircraft (eVTOL) commercial industry. Market participants are pursuing eVTOL development to produce a quiet and cost-effective air taxi.
In this report, Frost & Sullivan details the US Department of Defense’s (DoD) interest in commercial eVTOL systems and active experimentation with the technology, primarily through the Agility Prime program. eVTOL segments discussed include tilt thrust, lift and cruise, and multicopter. We also provide growth drivers and restraints and potential opportunities in research and commercialization for stakeholders.
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