The future air mobility (FAM) Industry is growing, with 16,000 orders placed for novel aircraft and propulsion systems, $15.8 billion in disclosed funding in the last ten years, and new investments and orders continuing to flow in. Although startup manufacturers have garnered much attention, incumbent original equipment manufacturers (OEMs) have assumed an increasingly active role in recent years. While most major aerospace OEMs have researched innovations and future concepts including novel propulsion, unusual aircraft configurations, and autonomy for decades, they only began more formal programs on these topics recently. Aerospace suppliers have also become more active in FAM over the past few years.
Given these developments, we analyzed the FAM efforts of the largest established aerospace OEMs and suppliers to gain more clarity about their current activity. Our results show that 72 percent of the largest 25 aircraft OEMs and 64 percent of the largest 25 suppliers