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IDTechEx release new global market report on eVTOL aircraft

The advanced air mobility ecosystem will power a new value chain. Source: IDTechEx

IDTechEx Research, a provider of independent market intelligence, announces the availability of a new report, Air Taxis: Electric Vertical Take-Off and Landing (eVTOL) Aircraft 2024-2044: Technologies, Players“.

This report is intended to help companies understand the exciting emerging urban air mobility (UAM) market.

Comprehensive analysis is included, from an assessment of the pros and cons of the different electric vertical take-off and landing (eVTOL) aircraft design architectures, through to more nuanced detail on opportunities in key enabling technologies, such as aviation grade batteries, advanced electric motors and propulsion systems, composite materials and eVTOL ground infrastructure.

Along with information and insight into the eVTOL air taxi market, this report contains IDTechEx’s 20-year outlook for eVTOL air taxi sales, market revenue, battery demand and battery market revenue.

IDTechEx research reveals the market for eVTOL air taxis will grow to just under US$20 billion by 2044.

Although “flying taxis” are not yet part of our daily lives, the technology is advancing, regulators are developing certification pathways, and the public is intrigued.

Many of the world’s largest aerospace and automotive companies are ramping up their interest in eVTOL aircraft, recognising it as a potentially disruptive new transport mode.