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...
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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.
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