$1.5 Trillion Drone Air Mobility Market

Updated: Jul 19

Already we're seeing drone small package delivery in urban cities and rural residential areas throughout America. Today, a customer may shop online, buy an item then checkout and expect delivery of the purchase within 1-hour or less using services like Amazon Prime Air reports

The ability of companies like Amazon to save the customer time and money with the added convenience of ultra-fast delivery to the door is a game changing retail business model.

For example, the cost per AI drone same-day delivery of a 5 LBS package is just $1 versus $20 USPS. The cost savings using drone delivery is very efficient compared to legacy shipping methods. And drones use cleaner electric energy often operating autonomously.

Additionally, the urban air mobility market is developing with "air taxis", electric AI drones that carry passengers to and from destinations. Investment firm, Morgan Stanley reports Urban Air Mobility (UAM) and shared mobility markets to reach $1.5 Trillion by 2040 (Report 2021).

In order to fully develop the UAM market, several key milestones must be reached including;

  1. A robust air traffic control system to track all drones within a connected network

  2. Drones that meet FAA passenger safety standards and robust 5G IoT network

  3. Certification of advanced battery, materials and systems software

  4. Consumer acceptance of intelligent drone transportation

  5. Major corporation capital funding efforts must be available to develop market

Companies leading the Drone / Urban Air Mobility Market ...

  1. Amazon Prime Air

  2. WING ... owned by Google, FedEx and Walgreens

  3. UPS Flight Forward

  4. Flytrek

  5. Wingcopter ... based in Germany

  6. Zipline

  7. DHL Parcelcopter

  8. Boeing Autonomous Systems

  9. EHang (NASDAQ EH)

  10. Embention eVTOL

  11. Tesla / SpaceX ... electric airplane

  12. Joby Aviation

  13. Archer

Air travel both commercially and military have become increasingly purely autonomous intelligent drone systems. Companies like Boeing are reshaping their focus as purely autonomous drone manufacturers and service providers. For example, Boeing has developed a fully electric autonomous drones to deliver 250 pound cargo payloads over a 20 mile radius area opening-up new revenue opportunities such as medical, retail and more.

The major changes coming within the next 20 years of transportation include eliminating human drivers / pilots, eliminating gasoline engines and promoting widespread consumer marketplace adoption of intelligent autonomous drones, all manufactured at very low costs. estimates approximately 1.35 Billion passengers flying the analyzed services in (80) eighty U.S. cities within the 20 year forecast period. Initially a foundation service period occurs followed by an “Inflection Point” when the market starts to accelerate steeply brought about by increasing use of automation and AI robots in our everyday lives.

Everyday Applications for Autonomous Drone - Air Mobility Technology ...

  1. Insurance disaster assessment

  2. Search and Recovery

  3. Military national security

  4. Retail Package Delivery

  5. Agriculture Imaging

  6. Medical Emergency LifeFlight

  7. Real Estate

  8. Retail Consumer Package Delivery

  9. Grocery Delivery

  10. Wild Life Conservation

  11. Natural Disaster management

  12. Infrastructure and Construction Inspection

  13. Police response drones

  14. Passenger Urban Air Mobility Transportation

About Electric Vertical Takeoff and Landing - eVTOL

The background — eVTOL (pronounced eee-vee-toll) is short for electric vertical takeoff and landing, and it's not an entirely new concept. Some might call eVTOL aircraft “flying cars,” but they're more accurately called electric helicopters.

For example, earlier this year, eVTOL maker Joby Aviation raised $1.6 billion via a SPAC merger, bringing in new money from Uber, BlackRock, and Fidelity. Joby also has a strategic partnership with Toyota and a recent acquisition of Uber Elevate, Uber’s nascent eVTOL division, under its belt.

Basically, every modern consumer drone from DJI or Skydio is a miniature eVTOL. Those small drones are good at carrying small cargo like cameras or vaccines, but now eVTOLs are getting bigger, expected to carry much heavier payloads and human passengers daily.

Conclusion ...

The drone - air mobility market opens up vast new job opportunities for skilled tech savvy younger generations adding new jobs like Air Taxis, Cargo Shuttles, Drone operators and more. A recent report by the Aerospace Industries Association (AIA) and global consulting firm Deloitte predicts that the US advanced air mobility market could reach $125 Billion by 2035 and create 280,000 new jobs reports And the expectation is that drone - air mobility applications produce annually $1.5 Trillion in revenue by 2040.

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