A new survey of private equity and venture capital investors suggests strengthening consensus around recent bullish projections over the size of the eVTOL aircraft passenger transportation sector. Horizon Aircraft, a Canadian startup developing the Cavorite X5 model, last month interviewed 100 investment professionals and 67 percent indicated that they expected there to be between 160,000 and 200,000 eVTOL air taxis in service worldwide by 2050.
The 160,000 figure tallies with the projection made by air transportation consultancy Roland Berger in its October 2020 report. A further 17 percent of those interviewed last month for Horizon by market research group Pure Profile said the number of eVTOL air taxis could be more than 200,000 by the middle of this century, while 13 percent predicted there will be fewer than 160,000 aircraft and 3 percent said they couldn’t make a prediction.
