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Mon, Jan 17, 2022

eVTOL UAS Taxi Outlook Released

63% CAGR Expected, Top Brands Released

As the eVTOL industry moves onwards, investments and promises abound, building hype for an imminent future in which the everyday convenience of automotive ride share apps with an aircraft's limitless freedom of mobility.

The Markets and Markets company released their forecast for the aerial unmanned taxi industry, which they see reaching $860 million.

The industry for drone taxis is expected to hover over 60%, a lucrative prospect with an even better individual rate for the North American region. Smarter companies designing their aircraft have been designing their aircraft with an eye towards eventual unmanned flight, even with the flight controls and cockpit in place for a pilot. Transitioning as painlessly and simply as possible would be a boon to the companies looking to pull double duty with their aircraft now in development.

Removing the pilot in command and replacing them with a paying passenger brings 25% more revenue in the average 4-person aircraft, a deal handily worth the developmental trouble over the length of the program's life. 

Interesting bits from the report include the concept that the coming years will see widespread rollout of unmanned taxi service, as well as an explosion of passenger use as metropolitan customers, already accustomed to life with public transportation flock to the time saving, sustainable aircraft. The companies to beat, according to Markets, are Boeing and Joby Aviation of the states, German companies Lilium and Volocopter, Netherlands' Airbus, and China's Ehang. 

FMI: www.marketsandmarkets.com

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