FutureFlight
Volocopter Files Its Flight Plan for Urban Air Mobility Takeoff
In a white paper, the German eVTOL aircraft developer says it now expects the global market for urban air mobility to be worth €241 billion by 2035.
Volocopter Singapore
Singapore is likely to see Volocopter's first commercial air taxi operations in 2023. (Image: Volocopter)

Volocopter today spelled out how it plans to exploit the global market for urban air mobility (UAM) that it expects to be worth €241 billion ($284 billion) by 2035. In a 2.0 white paper entitled The Roadmap to Scalable Urban Air Mobility, the German eVTOL aircraft developer explains the steps it will take to launch commercial operations in the next two or three years.

More than half of the projected market potential for 2035 will be in passenger services, valued at €141 billion, according to Volocopter, which has updated the estimates it gave in its June 2019 1.0 white paper, Pioneering the Urban Air Taxi Revolution. The company expects the remaining €100 billion portion of the market value to be generated by cargo and other logistics operations that it intends to address with its VoloDrone vehicle.