The market for urban air mobility aircraft systems is heating up quickly, a new industry survey by Honeywell and Avionics International Magazine shows.
Some 30 percent of professionals in the avionics industry report their companies are actively developing products for the urban air mobility market, and more than half of those already have products in flight testing, according to the survey
Urban air mobility refers to a new breed of quiet, short-range aircraft, usually electrically powered designs that can take off and land vertically. More than 200 such aircraft are now in development, according to the Vertical Flight Society.
Honeywell has quickly become a leading supplier, offering autonomous flight technology and other electronics, actuators, propulsion and environmental controls designed for these new aircraft. And its airport management systems, power systems and software solutions like Honeywell Forge aim to make UAM reliable, affordable and safe.
But the survey shows Honeywell isn’t the only company interested. Nearly a quarter of the 313 avionics professionals surveyed said their companies now have a dedicated team working on UAM products – and some of those teams numbered more than 100 people. The survey has a margin of error of plus or minus 5 percentage points.
The Honeywell survey also asked respondents about the types of products under development, the organization of their teams, funding sources and expected revenue.
Want to learn more? Download the Honeywell-Avionics International white paper, “Avionics Momentum Building for Autonomous Air Taxis,” and check out all the products, videos and articles on Honeywell’s urban air mobility page.