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An update to the 2022 report features an in-depth analysis of 1,000-plus eVTOL aircraft programs worldwide with expert insight spanning eVTOL manufacturers, composite part producers and material suppliers.
Stratview Research (Detroit, Mich., U.S.), specializing in mobility and composites consulting, has released the 2025 edition of its thought leadership report, “eVTOLs: The New ‘Vertical’ for the Composites Industry.” Published on its insights platform Composights, this latest edition reflects the dynamic shifts in the electric vertical takeoff and landing (eVTOL) industry since Straview’s original 2022 release, offering stakeholders in the eVTOL and composites industries a comprehensive resource to navigate the evolving landscape of urban air mobility (UAM).
According to Stratview, the report is a culmination of expert insights from more than 20 industry experts, including eVTOL manufacturers, composite part producers and material suppliers. It also features an in-depth analysis of more than 1,000 eVTOL programs worldwide, offering a detailed examination of the industry’s growth drivers, challenges and future potential. Key questions addressed in the report include:
- When will eVTOLs receive approval for commercial flights, outside of China?
- How many eVTOLs are projected to be in operation over the next 5 years?
- What will be the derived demand for composites due to the eVTOL industry?
Beyond these critical questions, the report explores factors such as the current investment landscape in the industry and the financial difficulties faced by some OEMs, potential market consolidation into a few companies, while also addressing broader societal challenges like urban congestion and pollution that are accelerating the adoption of eVTOLs. It also provides the market’s projected evolution through 2035.
A key feature of the report is its focus on the role of composites in eVTOL manufacturing. It identifies specific components that can be constructed from composites, the manufacturing processes involved and the materials best suited for each application. This section provides insights like the composite market forecast and its segmentation by application, component type, geographical regions and more.
Stratview’s report also addresses the significant challenges the eVTOL market still faces, highlighting hurdles such as regulatory approvals, security concerns, community acceptance, production capacity shortages and the development of UAM infrastructure. It also provides expert recommendations on how the industry can address these challenges to ensure a seamless transition to widespread eVTOL adoption.
Some key findings from the report include:
- The global eVTOL market is expected to reach nearly $1.16 billion by 2035.
- Approximately 4,800 eVTOLs are projected to be operational worldwide by 2035.
- Investments in the eVTOL industry have already surpassed $15 billion as of January 2025.
- Demand for composite materials from the eVTOL industry is anticipated to exceed 1 million pounds by 2035.
- China has emerged as a leader in eVTOL adoption, driven by rapid regulatory approvals and commercial deployments. Meanwhile, North America and Europe are expected to maintain their dominance, with the U.S. poised to become the second largest adopter after China.
The complete report is available for free on Composights, an online platform offering access to thought leadership reports, white papers, market report summaries, and more for the composites and related industries. Access the complete report here.
