Electric VTOL Aircraft Playing a Vital Role in Advanced Air Mobility: Here’s How?

Advanced air mobility (AAM) is a unique concept in air transportation that uses autonomous aircraft for transportation purposes, including both people and cargo. These aircraft, primarily electric vertical take-off, and landing (eVTOL) ones are powered by hybrid electric systems, batteries, or potentially hydrogen fuel cells.??

Though AAM is also referred to as urban air mobility (UAM), the application for this potential form of transportation could be beyond high-density urban centers.?

Such aircraft that range in size from single-passenger aircraft to large shuttles are likely to bring accessibility to cities, geographically distant regions, and underserved communities.?

Along with this, to reduce traffic congestion and offer sustainable, smart, and fast modes of transportation in smart cities, aircraft developers across various regions are working toward developing eVTOL aircraft to promote urban air mobility.

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What is the goal of AAM??

The vision of advanced air mobility is to offer a safe, automated, accessible, and affordable air transportation system for cargo and passengers capable of serving previously hard-to-reach urban and rural locations.??

The major goal for AAM is to move people and cargo to their locations more efficiently with lesser time consumption. The Federal Aviation Administration (FAA) is regulating operations to monitor and address safety and security issues that come live with the introduction of these eVTOL aircraft into the market.??

Compared to helicopters and traditional commercial aircraft, the aerial systems that fly in this new airspace are small. However, it has become a realistic approach to continuously track and control these aircraft using satellite or radar technology.?

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What is the role of eVTOL aircraft in urban air mobility??

The increasing interest in creating smart cities by the governments of developed and developing nations is growing drastically to optimize city functions and drive economic growth while also improving the quality of life for people by using smart technologies, enabling local area development, and harnessing technology and data analysis.???

In addition, traveling by road in large cities is becoming increasingly difficult due to the congestion, so daily commuters are looking for efficient and safer modes of transportation to work and other desired destinations. Road infrastructure in megacities is reaching its maximum capacity and is extremely expensive to expand as well.?

Advancement in the eVTOL aircraft has improved the platform's efficiency by increasing the operating range and enabling autonomous technology. In addition, the platform offers various aircraft types with different capabilities and sizes, which has largely paved the way for various growth opportunities for the defense and commercial sectors.?

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How is advanced air mobility impacting the eVTOL market??

Advanced air mobility has been built upon the urban air mobility concept by incorporating all the use cases that are not specific to urban areas, such as public services, commercial inter-city, cargo delivery, and recreational/private vehicles.??

As a result, an increase in the requirement for advanced air mobility has been noticed across the globe. The requirement for urban air mobility in various use cases, such as air ambulances, air taxis, cargo, and personal air vehicles, is expected to generate significant demand for eVTOL aircraft during the forecast period 2023-2032.??

Moreover, minimum land space in cities has limited the expansion of road infrastructure in several megacities. Hence, the demand for urban air mobility using eVTOL aircraft is expected to increase in smart cities and megacities.??

According to the report by BIS Research, the global electric VTOL aircraft market is estimated to reach $700.5 million in 2032 from $27.5 million in 2023, at a growth rate of 38.2% during the forecast period 2023-2032.??

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The global eVTOL aircraft market growth is expected to increase with the growing need for sustainable transportation in smart cities.?

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Conclusion

The urban air mobility domain is advancing at a rapid rate despite the regulatory frameworks lagging. While the criteria for operations and associated airspace management procedures are still in the making, end users such as law enforcement agencies and medical-evacuation (med-evac) service providers are already gearing up to deploy their respective eVTOL capabilities.??

The eagerness to disrupt and enable new modes of air mobility distinguishes the eVTOL market from the rest of the air transportation market and is expected to increase the demand in the forecast period 2023-2032.

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