eVTOL Market Size in 2026

The eVTOL market has recently received huge, or trillion-dollar forecasts.

Much of the research covers the broader urban air mobility market, including commercial air taxis, cargo operations, infrastructure and other aviation services. Personal flying cars represent a different opportunity, centred on individual ownership rather than fleet-operated journeys.

The size of the overall market tells you about the potential of the industry, while manufacturers progress towards certification and a credible path to production.

How Big is the eVTOL Market

Morgan Stanley has projected a $1 trillion global eVTOL and urban air mobility market by 2040.

That figure represents the broader opportunity rather than the market for personal aircraft alone. It encompasses applications expected to emerge as electric vertical flight develops, from passenger transportation to cargo, logistics and supporting infrastructure.

The forecast reflects the potential growth of an entirely new aviation category, spanning passenger transportation, commercial air mobility, cargo, logistics and related services.

For investors, the significance isn't simply the size of the number. The eVTOL industry is creating opportunities for companies across the aircraft manufacturing, propulsion, infrastructure and transportation sectors.

The Personal eVTOL Market

Personal eVTOL represents an opportunity to bring electric vertical flight beyond commercial air taxis and into private ownership.

Morgan Stanley projections reference a $457 billion passenger-carrying opportunity within the broader $1 trillion market projection.

Today, much of the attention surrounding eVTOL focuses on air taxis. These aircraft are designed to operate as part of commercial transportation networks, with operators purchasing fleets and charging passengers for individual journeys.

We are pursuing a different model.

The H1-X is being developed as a two-seat personal eVTOL that an individual can purchase, own and operate. If personal electric flight develops into a mainstream category, the potential market extends beyond people booking an air taxi. It includes people who want the aircraft itself.

Doroni for Personal eVTOL Investors

The H1-X isn't being developed as a smaller version of a commercial air taxi. We have designed the aircraft around the requirements of an individual owner, including its two-seat configuration and compact footprint.

That focus creates a clear proposition within the wider market. If eVTOL technology expands into personal transportation, our company will be positioned to serve that demand.

We have spent years developing the H1-X and building the infrastructure needed to take the aircraft towards market.

For investors, that means we stand by more than just a forecast, we have an established development programme, customer interest and an actual aircraft working towards certification and production.

Doroni Achievements So Far

We have built measurable traction around the H1-X, giving investors tangible milestones to assess alongside the wider market opportunity:

• 1,164+ H1-X pre-orders, representing more than $240 million in potential revenue

• $78 million+ raised from more than 14,000 investors

• 136+ successful test flights

• An FAA Special Airworthiness Certificate for prototype flight testing

• 16 patents filed, with five granted

• A full-scale H1-X Engineering Model publicly unveiled in March 2026

Each of these figures represents a different stage of progress.

Taken together, these milestones give investors a way to evaluate Doroni as a company rather than simply investing in the broader idea of flying cars.

What Should Investors Look For

The market forecast provides the long-term context, but investors can also follow Doroni's progress through tangible company milestones.

These include continued H1-X flight testing, FAA certification, manufacturing preparation and the conversion of existing pre-orders into delivered aircraft.

Our growing investor community and H1-X pre-orders provide a direct indication of interest in our vision and product.

For investors considering the opportunity of investing in flying cars, the combination of a large emerging market and a company already developing, testing and commercialising an aircraft provides a way to participate directly in the development of personal electric flight.

For all officially disclosed information regarding our business development and strategic direction, please refer to our Form 1-A filed with the SEC.