Eve Air Mobility's inaugural Global Market Outlook show an estimated in-service vehicle fleet of 30,000 eVTOLs by 2045. An estimated three billion passengers will use urban air mobility (UAM) services by then, creating a potential revenue of $280 billion, the report adds. The Asia Pacific region will be the main driver of growth.
The Global Market Outlook leverages data on 1,800 cities on the UN's World Urbanization Prospects database, 1,000 airports, and over 27,000 civil helicopters currently in operation. The Outlook points to urban congestion as one of the critical factors driving the need for alternative means of transportation as the 2022 United Nations World Population Prospects points to over two billion more people living in cities by 2050.
"The Global Market Outlook furthers the excitement and momentum we have seen in collaborating with our customers and municipal partners worldwide," said Johann Bordais, CEO of Eve Air Mobility. "Today, the UAM market benefits from urban growth, higher traffic congestion, and a positive shift towards sustainable mobility. Demand for UAM is strong and marks the beginning of a major shift in how people will move and live in cities worldwide."
Eve anticipates significant Asia-Pacific growth driven by dense megacities and a rising middle class. North America shows promise due to substantial investment and an established aviation ecosystem. Europe may grow more slowly because of regulatory challenges. Latin America presents opportunities with eVTOLs addressing urbanization and renewable energy. While smaller, the Middle East is an early adopter focused on innovation and sustainable transportation. The Africa market is driven by the opportunity to overcome infrastructure challenges from high urban population growth and enhance tourism experience.
The industry will have to overcome numerous challenges to realize its full potential, says the Outlook. High safety is a non-negotiable requirement for high-scale operations. A comprehensive but accessible regulatory environment for a safe ecosystem is critical, the report adds.
Airspace integration and future uncrewed operations are two areas where air traffic management (ATM) will play a key role in high-density operations. Existing heliport infrastructure is necessary to accommodate near-term operations. Higher battery densities are required for broader and longer-range applications, according to the Outlook.
At the Paris Air Show, Eve will unveil a full-scale mockup of its eVTOL, showcasing a design evolution that enhances the Eve-100 aircraft’s performance. The mockup will showcase several key enhancements such as a new cabin design, the addition of four-blade propellers, and wheeled landing gear.
Airbus has had a hugely successful week, racking up almost US $21 billion in deals and contracts at the Paris…
MTU Aero Engines closed its participation at this year’s edition of the Paris Air Show with record engine orders worth…
Indian state-owned airframer Hindustan Aeronautics Limited (HAL) has entered into an agreement with Safran Aircraft Engines, for the industrialization and…
Lockheed Martin Skunk Works and Electra.aero, Inc. have signed a Memorandum of Understanding to explore opportunities for Electra's EL9 ultra-short…
As demand grows and talent pipeline pressures mount, the need to drive at least 30 to 40 per cent greater…
With airframers not able to meet production targets this year and unlikely to do so in the next two years…
Leonardo and Avioane Craiova have signed a "Technological and Industrial Cooperation Agreement" during the Paris Air Show, aimed at deepening…
De Havilland Aircraft of Canada Limited has confirmed the sale of one Twin Otter Classic 300-G aircraft to the United…
The French Defence Procurement Agency (DGA) has selected Daher as one of five companies to develop a Medium Altitude Long…
The Norwegian Air Ambulance has entered into a new frame contract with Airbus for up to eight H145 helicopters, including…
Eve Air Mobility has signed a Letter of Intent (LOI) with Future Flight Global, a pioneer in electric aircraft, for…
EGYPTAIR has disclosed a firm order for an additional six A350-900s as part of its expansion strategy to meet growing…
Embraer has received a firm order from SkyWestfor 60 aircraft with purchase rights on 50 additional aircraft. Deliveries of the…
Four French aerospace companies - Daher, Safran, Collins Aerospace and Ascendance - are joining hands to study and define a…
The French defence procurement agency, Direction générale de l'armement (DGA), has inked a joint declaration of intent with Saab regarding…
Airbus Helicopters and Leonardo announced at the ongoing Paris Air Show that they would join forces to carry out an…
Sikorsky and CAE announced at Le Bourget on the third day of the Paris Air Show that they would be…
Aerospace and national security company, SNC, and Lufthansa Technik have announced a strategic partnership to enhance their combined capabilities in…
STARLUX Airlines of Taiwan has signed a firm order with Airbus for the purchase of ten additional A350-1000 aircraft, taking…
The Ministry of National Defence of Lithuania has chosen the Embraer C-390 Millennium as the country’s next-generation military transport aircraft.…
Embraer signed Component Pool Program contracts with multiple airlines on the third day of the ongoing Paris Air Show. Currently,…
Embraer and Amelia, an airline operated by the France based Regourd Aviation Group, has signed an extensive services agreement, including…
Embraer and CAE are expanding their full-flight simulator network with the deployment of a state-of-the-art E2 full-flight simulator (FFS) at…
Airbus and MTU Aero Engines have signed a Memorandum of Understanding (MoU) to advance hydrogen fuel cell propulsion technology, a…
Airlink, Southern Africa’s leading full-service carrier, has announced plans to lease 10 new Embraer E195-E2 aircraft from Azorra, a US-based…
Dassault Aviation and Reliance Aerostructure Ltd (RAL), a subsidiary of Reliance Infrastructure, unveiled a strategic partnership to manufacture Falcon 2000…
In a move to bolster European defence capabilities, Quantum Systems and Airbus Defence and Space have signed a Memorandum of…
Embraer has secured a firm order from SkyWest, Inc. for 60 E175 aircraft, with options for an additional 50. Deliveries…
EGYPTAIR has confirmed a firm order for an additional six Airbus A350-900 widebody aircraft, bringing its total commitment for the…
MNG Airlines has signed a Memorandum of Understanding (MoU) with Airbus for two A350F freighter aircraft, making the Türkiye-based logistics…
Headquartered in Singapore with reporters spread across all major regions, GBP Aerospace & Defence is a leading media house that publishes three publications that serve the aerospace and defence sector - Asian Defence Technology, Asian Airlines & Aerospace and Daily News. Known industry-wide for quality journalism, GBP Aerospace & Defence is present at more international tradeshows and exhibitions than any other competing publication in the region.
For over three decades, our award-winning team of reporters has been producing top-notch content to help readers stay abreast of the latest developements in the field of commercial aviation, MRO, defence, and Space.
Copyright 2026. GBP. All Rights Reserved.
