IDTechEx Report Explores the Dynamics of Electric Vertical Take Off and Landing Aircraft

Wednesday, March 27, 2024

IDTechEx Research, renowned for delivering impartial market insights, announces the release of a new report titled “Air Taxis: Electric Vertical Take-Off and Landing (eVTOL) Aircraft 2024-2044: Technologies, Players”.

This report aims to equip enterprises with comprehensive insights into the burgeoning urban air mobility (UAM) sector. It encompasses a thorough examination, ranging from evaluating the merits and drawbacks of various electric vertical take-off and landing (eVTOL) aircraft designs to delving into nuanced aspects of pivotal Enabling technologies like high-performance aviation batteries, sophisticated electric propulsion systems, composite materials, and infrastructure for eVTOL ground operations.

In addition to offering invaluable information and perspectives on the eVTOL air taxi market, the report presents IDTechEx’s 20-year projections for eVTOL air taxi sales, market revenue, battery demand, and battery market revenue. According to IDTechEx research, the market for eVTOL air taxis is poised to approach nearly US$20 billion by 2044.

While “flying taxis” are not yet commonplace in our daily lives, technological advancements are underway, regulatory frameworks are evolving, and public interest is piqued. Major aerospace and automotive entities worldwide are intensifying their involvement in eVTOL aircraft, recognizing its potential as a disruptive mode of transportation.

This IDTechEx report consolidates compelling research from recent years, focusing on the fundamental challenges and opportunities within this emergent industry.

Key aspects covered in the report include:

• Distributed electric propulsion and the array of eVTOL architectures feasible
• Analysis of multicopter eVTOL journeys and expedited vectored thrust eVTOL for ground-based taxi services
• Total cost of ownership (TCO) analysis considering autonomous/non-autonomous operations and average trip distances
• eVTOL battery requisites, including suppliers
• eVTOL motors and powertrain systems
• Utilization of composite materials for eVTOL applications
• eVTOL infrastructure prerequisites: vertiports and charging standards
• Regulatory and certification landscape for eVTOL
• Hybrid and fuel cell eVTOLs
• Projected trends over the next two decades for eVTOL air taxis, including unit sales categorized by economic status, battery demand measured in gigawatt-hours (GWh), and market revenue denominated in US dollars (US$).

The report’s table of contents comprises:

• Executive Summary
• Introduction
• Aerospace Suppliers’ eVTOL Aircraft Activity
• Journey Use-cases & Optimization: Where eVTOL Holds an Advantage
• IDTechEx Cost Analysis
• eVTOL Architectures
• Programs Supporting eVTOL Development
• Original Equipment Manufacturer (OEM) Market Players
• Batteries for eVTOL
• Charging Standards for eVTOL
• Fuel Cell eVTOL
• Hybrid eVTOL
• Electric Motors
• Composite Materials & Lightweighting
• Regulation
• Vertiport Infrastructure for eVTOL
• Forecasts

IDTechEx reports furnish meticulous assessments of technologies and their applications, drawing upon primary and secondary research conducted by technical analysts to provide a holistic understanding. These top-tier, impartial studies are conducted at a global scale.

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