Originally published: Air Traffic Management, 02 February 2024
3% of professional investors worldwide say the eVTOL sector is becoming more attractive. Investors anticipate the biggest growth areas for eVTOL in the next five years will be serving as a fire response service and air passenger taxis.
The rapid growth in the Advanced Air Mobility market and advances in establishing a regulatory framework for the sector is making electric Vertical Takeoff and Landing (eVTOL) an increasingly attractive market for professional investment, according to new global research* from New Horizon Aircraft Ltd. (NASDAQ: HOVR), doing business as Horizon Aircraft (“Horizon Aircraft” or the “Company”).
Horizon Aircraft commissioned the market research company Pureprofile to survey 200 senior private equity, venture capital and family office professionals representing institutions managing with more than $1.787 trillion assets under management to capture their views on their eVTOL market. Respondents were based in Japan, Canada, the US, Europe, the Middle East, and Asia. The survey was conducted online in November 2023.
