The Urban Air Mobility Market is forecasted to be worth USD 15.54 Billion by 2030, according to a current analysis by Emergen Research. The escalating demand for an alternative mode of transportation in Urban Mobility is one of the significant factors which are stimulating the growth of the UAM market.
The growing need for an alternative mode of transportation and smart city initiatives will drive the urban air mobility market.
Moreover, the demand from companies for an efficient mode of logistics and transportation is anticipated to help in the development of the UAM market. An increase in urban population, a rise in the need to manage limited natural resources with an increase in the focus on environmental sustainability are the major factors for the rise in demand for smart city solutions. The surge in Smart City initiatives will foster the need for urban air mobility, and the market players will have to cater to such demand.
An increase in the population has resulted in a rise in on-road traffic, thus providing lucrative opportunities for the development of the urban air mobility market.
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Overview of the Urban Air Mobility Market Report:
- Introduction, Product Scope, Market Overview, and Opportunities
- Analysis of the Manufacturers with sales, revenue, and price analysis
- Comprehensive analysis of the competitive landscape
- Extensive profiling of the key competitors along with their business strategies and market size
- Regional analysis of the market along with sales, revenue, market share, and global position
- Country-wise analysis of the market along with types, applications, and manufacturing
- Strategic recommendations to established players as well as new entrants
Key Highlights From The Report
- In June 2019, Airbus, Group ADP, and the RATP Group, along with the Paris Ile-de-France region and the French civil aviation authority (DGAC), have announced the launch of a feasibility study to demonstrate an urban system of vertical take-off and landing (VTOL) vehicles for the 2024 Olympic Games in Paris.
- The pilot-based operation makes it easier for the market players to manufacture VTOL aircraft and aid them in getting rid of a massive amount of expenses in the autonomous RD. This type of operation is safer and also implies a lesser amount of research and development costs.
- The pilot-based operation makes it easier for the market players to manufacture VTOL aircraft and aid them in getting rid of a massive amount of expenses in the autonomous RD. This type of operation is safer and also implies a lesser amount of research and development costs.
- Innovators know that drones and aerial vehicles and are capable of reimagining urban mobility dramatically and asset delivery. Since then, various companies have built and produced a variety of ideas designed to test short-range aerial transportation.
- Europe is forecasted to be a significant regional ground for the urban air mobility market. The UAM initiative undertaken by the European Innovation Partnership on EIP-SCC (Smart Cities and Communities) has been taken into consideration by various European countries to explore the potential of drones in an urban context.
- Key participants include Airbus A3, AIRSPACEX, Aurora Flight Sciences (A Boeing Company), CityAirbus (Airbus Helicopters), Carter Aviation, Bartini, Passenger Drone, Lilium Aviation, Volocopter, and Vimana, among others.
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For the purpose of this report, Emergen Research has segmented into the global Urban Air Mobility Market on the basis of operations, component, range, and region:
- Component Outlook (Revenue, USD Billion; 2023-2030)
- Infrastructure
- Charging Stations
- Vertiports
- Traffic Management
- Platform
- Air Taxis
- Air Shuttles
- Air Metros
- Last-Mile Delivery
- Air Ambulance
- Personal Aerial Vehicle
- Cargo Aerial Vehicle
- Operations Outlook (Revenue, USD Billion; 2023-2030)
- Piloted
- Autonomous
- Hybrid
- Range Outlook (Revenue, USD Billion; 2023-2030)
- Intercity
- Intracity
Global Urban Air Mobility Market Geographical Landscape - Synopsis:
The report closely studies the growth trajectory of the global Urban Air Mobility Market . It brings to light the global dominance of the leading regional segments, including North America, Asia Pacific, Europe, Latin America, and the Middle East Africa.
The study elaborates on the crucial information pertaining to the regional Urban Air Mobility share. It simultaneously focuses on the significant details about the growth patterns of each regional market.
Moreover, the report encases an exhaustive geographical study of the market, emphasizing the business growth prospects and market barriers for each of the key market regions.
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Table of Content:
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
3 Global Urban Air Mobility by Players
4 Urban Air Mobility by Regions
4.1 Urban Air Mobility Market Size by Regions
4.2 Americas Urban Air Mobility Market Size Growth
4.3 APAC Urban Air Mobility Market Size Growth
4.4 Europe Urban Air Mobility Market Size Growth
4.5 Middle East Africa Urban Air Mobility Market Size Growth
5 Americas
6 APAC
7 Europe
8 Middle East Africa
9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends
10 Global Urban Air Mobility Market Forecast
11 Key Players Analysis
12 Research Findings and Conclusion
Assured Quality: We focus on the quality and accuracy of the report.
Finally, all aspects of the Urban Air Mobility market are quantitatively as well qualitatively assessed to study the global as well as regional market comparatively. This market study presents critical information and factual data about the market providing an overall statistical study of this market on the basis of market drivers, limitations and its future prospects.
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