FutureFlight On The Radar
IDTechEx Report Estimates Value of eVTOL Aircraft Sales and Trip Costs
The market forecast from IDTechEx includes estimated per-passenger trip expenses starting at just $20.30 for a 10-km trip.

There are almost as many opinions about the potential size of the advanced air mobility market as there are eVTOL aircraft designs. They all seem to err on the bullish side and a new prognosis published by UK-based IDTechEx is no exception, with a headline projection that the market for air taxi applications alone will be worth $14.7 billion annually by 2041. That figure is markedly less than some recent projections by the likes of Deloitte and Roland Berger, but it is purely based on sales of aircraft, excluding all the myriad other revenue streams associated with the new sector.

According to IDTechEx technology analyst Dr. David Wyatt, it’s somewhat hard to determine base prices for aircraft as many of the eVTOL start-ups claim they will operate these themselves rather than selling them to existing commercial operators. For the report, titled Air Taxis: Electric Vertical Takeoff and Landing Aircraft 2021–2041, he and his colleagues worked on a unit price per aircraft of $1.5 million.