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Optimizing Urban Air Transportation: eVTOL Market Size & Share Analysis

The eVTOL (Electric Vertical Takeoff and Landing) Market is poised for remarkable growth, as per Stratview Research. Starting at $163.9 million in 2023, it's projected to surge to a staggering $55.7 billion USD by 2040. Notably, the market is expected to showcase an impressive Compound Annual Growth Rate (CAGR) of ~50% from 2025-2030, followed by a sustained double-digit CAGR for the next decade.
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eVTOL Market Size, Share & Growth Analysis till 2040
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eVTOL Market Size, Share & Growth Analysis till 2040

The market for eVTOLs is expected to attain an initial value of $163.9 million in 2023 and is expected to reach 55.7 billion USD in 2040.