The ResearchAndMarkets.com platform now offers the comprehensive report titled “Emerging eVTOL Technology: Creating Growth Opportunities in the Urban Air Mobility Landscape.” This study delves into the maintenance, repair, and overhaul (MRO) aspects of both traditional Internal Combustion Engine (ICE) and electric Vertical Take-Off and Landing (eVTOL) aircraft, evaluating the operational feasibility of eVTOLs and presenting growth prospects within this burgeoning sector. Given the scarcity of data regarding the operational costs and composition of eVTOL aircraft, the report meticulously outlines the modeling methodology used to derive operational cost estimates.
Urban Air Mobility (UAM), also referred to as Advanced Air Mobility (AAM), stands as one of the rapidly expanding industries within the mobility landscape. The Vertical Flight Society (VFS) recorded approximately 100 eVTOL aircraft concepts in 2018, a number that surged to around 700 concepts by late 2022, marking an average annual growth of about 120%. Despite this exponential growth, uncertainties persist regarding the anticipated operational costs, MRO frameworks, as well as certification and regulatory aspects of UAM aircraft.
While the MRO sector is firmly established for traditional ICE aircraft, with global expenditures reaching approximately $80 billion in 2022, the inherent design disparities between eVTOLs and ICE aircraft signify substantial growth opportunities within the emerging UAM domain.
The report highlights several avenues for growth within this landscape:
Expansion of Aircraft MRO Providers’ Services to Encompass UAM MRO Operations.
Innovation by Battery Technology Providers to Meet the Anticipated Demand for High-Density Batteries in UAM.
Development of UAM Parts and Platforms by Aircraft and Subsystem Original Equipment Manufacturers (OEMs) through Transferability.
Key topics covered in the report include:
Strategic Imperatives
Growth Opportunity Analysis
Context and Research Scope
Overview of UAM Key Components such as Aircraft Types and Infrastructure
Key Industry Developments including Contracts, Mergers, Acquisitions, and Partnerships in 2023
Global Competitors in the UAM Aircraft Sector
Comparison of MRO Aspects between ICE and UAM Aircraft
Operational Cost Analysis for Fixed-wing Light Aircraft, Rotary Wing (Helicopters), and UAM Aircraft
Assessment of Feasibility of UAM Aircraft Operations
Analysis of Growth Drivers and Restraints.
Overall, the report provides valuable insights into the evolving landscape of urban air mobility, offering strategic guidance for stakeholders navigating this dynamic industry.
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