The Future of Urban Air Mobility
UAM by the numbers
Urban air mobility (UAM) is primed for takeoff in the next few years. Here are some of the key numbers being posited as the industry matures between now and 2035 (when the UAM industry is expected to be commonplace).
US$ 0.9 billion – Estimated revenue generation for UAM in 2028
60,000 – Number of new pilots needed to meet demand for UAM
4,100 – Initial number of UAM vehicles projected by 2028
23,000 – Estimated number of UAM vehicles by 2030
US$ 500 billion – Anticipated Global Urban Air Mobility Market value for airport shuttles and air taxis
US $74-US$641 billion – UAM market value by 2035
55,000 – Potential average number of daily UAM trips in the U.S.
US$2.5 billion – Estimated air taxi market value during the first few years of commercial operations.
26 miles – 150 miles (approx. 42km – 240 km) – Anticipated flight range on a single charge for an eVTOL
US$3-US$11 – Approximate per-mile cost for an air taxi ride
11 million – NASA’s estimate for average number of daily trips in the U.S.
16 million – NASA’s projection of the number of passengers transported daily in the U.S.
US$9,000-US$9,800 – The projected cost of a Medevac evacuation by eVTOL.
US$3.1 billion–US$8 billion – Projected market size for goods’ deliveries by 2030
US$1.5MM-US$4MM – The projected cost of a “flying car” when they first become commercially available.
US$1.15MM – The amount of (disclosed) venture capital funding for UAM vehicles in 2020.
SOURCES
“Urban Air Mobility Marketing Insights and Forecast to 2023-2030 Explored in Latest Research,” Clark County Blog
“McKinsey Forecasts Demand for 60,000 Air Taxi Pilots by 2028” by eVTOL.com
“Urban Air Mobility: History, Ecosystem, Market Potential, and Challenges” by A.P Cohen et al., Transportation Sustainability Research Center, 2021
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