82,500 Air Taxis Could be in Operation in Asia-Pacific by 2050: Report

London: Rolls-Royce is pioneering zero emissions aviation and today together with Roland Berger, has released a market study into the potential of the Advanced Air Mobility Market (AAM) for the Asia-Pacific region.

The report looks into the benefits of passenger all-electric Vertical Take-Off and Landing (VTOL) aircraft, known as ‘air taxis’, that can be used for Urban and Regional Air Mobility. This includes city taxi or airport shuttle routes and intercity flights of up to 250 km.

Also read: Rolls-Royce Supplies Mission-Critical mtu Generators for Non-Profit Hospital in Pakistan

The study also highlights the importance of government, industry and regulators working together to develop the regulation, infrastructure and societal change needed to deliver the many economic and environmental benefits that AAM offers. This is a new emerging market that could deliver $36.9bn of service revenue alone across the APAC region by 2050.

The urban geographies of the cities of Singapore, Tokyo and Seoul mean the APAC region could lead the way in advanced air mobility by offering time-saving and more convenient travel that could bring downtown, suburbs and tourist attractions closer together.

Also read: Rolls-Royce, Luxaviation Sign MoU to Lead Way in Advanced Air Mobility Operations

The study estimates that 16,400 Passenger VTOL aircraft could be in operation in Japan, worth around $14.3 billion service revenue, by 2050, with South Korea offering the commercial potential of $3.8 billion and Singapore $350 million, in under three decades.

Rob Watson, President – Electrical, Rolls-Royce, said, “The Advanced Air Mobility market is incredibly exciting, offering the opportunity to transform the way we travel. This market study with Roland Berger demonstrates the commercial potential of the APAC region and how the region could lead the way in introducing all-electric passenger services. Rolls-Royce is at the forefront of developing and delivering all-electric and hybrid-electric propulsion systems that will enable passengers to travel sustainably and help deliver net zero carbon by 2050.”

Key findings of the report are:

  • From the global AAM market, the APAC region could account for more than half of all operated eVTOL aircraft and over 40% of global revenue by 2050
  • 82,500 AAM aircraft could be in operation in the APAC region by 2050, with an estimated $36.9 bn of service revenue
  • Market forecasts show APAC countries implementing AAM services before 2030, with the potential of over a thousand of aircraft by 2030
  • Frontrunner cities, like Singapore, Tokyo or Seoul have the opportunity to orchestrate the implementation of the AAM ecosystem to deliver this exciting market for the future
  • AAM is already becoming reality in the APAC region, with interesting partnerships and airline activities announced in frontrunner cities

Manfred Hader, Senior Partner and Global Head of Aerospace & Defence, Roland Berger, added, “A whole new ecosystem with new business opportunities will emerge as AAM becomes a reality.”

Rolls-Royce is offering customers a complete electric and hybrid-electric power and propulsion system for their platform. Solutions are under development for electric vertical take-off and landing (eVTOL), electric short take-off/landing (eSTOL) and electric fixed-wing commuter aircraft supported by a specialised team based in Singapore as part of the global Rolls-Royce Electrical business.

Rolls-Royce is collaborating with Vertical Aerospace for the electrical technology that will power their pioneering eVTOL aircraft. Vertical Aerospace has already announced pre-orders from customers in the region.

In addition, Rolls-Royce and airframer Tecnam are currently working with Widerøe, the largest regional airline in Scandinavia, to deliver an all-electric passenger aircraft for the commuter market. Beyond that, Rolls-Royce will leverage its existing capabilities to deliver maintenance services for the emerging AAM industry and together with Rolls-Royce Power Systems will look to provide charging and energy infrastructure for airports and vertiports.

Last year, Rolls-Royce announced a pathway to net zero carbon emissions and its electrical technology is one way in which the company is helping decarbonise critical parts of the global economy.

Rolls-Royce said it is committed to ensuring its new products will be compatible with net zero operation by 2030 and all its products will be compatible with net zero by 2050.

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