Later City news
  • Baher BA

2035: US expects $115B for drone annual market

Updated: Apr 2, 2021

Later News City: US Advanced Air Mobility market to reach $115B annually by 2035 and an estimated 280,000 jobs in this sector by 2035.

A report published by 'Drone DJ' the coming wave of electrically powered aircraft shuttling drones and humans will be huge, says a new report by Deloitte and the Aerospace Industries Association.

The report refers to Advanced Air Mobility rather than Urban Air Mobility and includes both cities and rural areas in its projections. The report highlighted a $115 billion annual market by 2035, accounting for 30% of the US commercial aerospace total. Of that $115 billion, $57 billion is expected from the passenger market; $58 billion from deliveries.

You can find the full report by clicking here

It’s hard to picture right now. But we really are on the cusp of a revolution in the skies. Drone deliveries, passenger-carrying drones, and more will eventually be routine. And the new report from Deloitte and the Aerospace Industries Association predicts this will bring huge economic activity to the United States.