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Photo Credit: IDTechEx “Air Taxis: Electric Vertical TakeOff and Landing Aircraft 2021-2041” A recently released report, “Air Taxis: Electric Vertical TakeOff and Landing Aircraft 2021-2041” from research and consultancy firm IDTechEx (Cambridge, U.K.) indicates that the market for electric vertical takeoff and landing (eVTOL) aircraft for urban air mobility (UAM) is to grow to $14.7 billion by 2041, with continued opportunities in key enabling technologies, such as aviation-grade batteries, electric motors and propulsion systems, composite materials and eVTOL ground infrastructure. IDTechEx’s analysis of air taxi/passenger drone operations suggests that there are frequently talked about areas for air taxi deployment which do not look viable, offering commuters no perceivable benefit at greater expense. However, IDTechEx s research also indicates applications where eVTOL aircraft could provide a faster, more direct, and flexible journey at a lower cost than competing

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