The global demand for Urban Air Mobility Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
Urban air mobility (UAM) is an aerial technology associated with on-demand automated passenger or cargo-carrying air transportation services. It focuses on connecting people by bringing safety, convenience, and joy and leverages the sky to better link people to cities and regions, giving them more possibilities to connect. Urban air mobility includes small drones, electric aircraft, and automated air traffic management, among other technologies. They serve to perform a wide variety of activities, including personnel transportation, cargo, and logistics.
Market Dynamics
Urban air mobility is an evolving market that will transform the transportation industry. Urban air mobility is estimated to gain prominence in the coming years with growing urbanization and traffic congestion. As per World Data estimates, 60% of the world's population will be urban by 2030. This significant population growth is alarming to create a greater need for innovative mobility options as ground infrastructure is becoming increasingly congested. Urban air mobility provides a new way for people to travel around cities and urban areas while tackling traffic congestion. Companies are spending heavily to explore urban air mobility technology and to bring it to commercial use. Market participants are also adopting collaboration strategies to gain knowledge and pace in the innovation.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of urban air mobility. The growth and trends of urban air mobility industry provide a holistic approach to this study.
Market Segmentation
This section of the urban air mobility market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Component
By Range
By Platform Operations
By Platform Architecture
- Rotary Wing
- Fixed-wing Hybrid
By End User
- Ride Sharing Companies
- Scheduled Operators
- E-commerce Companies
- Hospitals & Medical Agencies
- Private Operators
By Unmanned Platform System
- Aerostructures
- Avionics
- Electrical Systems
- Propulsion Systems
- Cabin Interiors
- Software
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Urban Air Mobility market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Urban Air Mobility Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the urban air mobility market include CityAirbus (Airbus Helicopters), Airbus A3, AIRSPACEX, Bartini, Vimana, Carter Aviation, Passenger Drone, Lilium Aviation, Volocopter, Aurora Flight Sciences (A Boeing Company), Joby Aviation, Workhorse. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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