The urban air mobility market size reached USD 3.10 Billion in 2021 and is expected to register a revenue CAGR of 13.8 % during the forecast period. Increasing need for alternative modes of transportation in urban mobility is one of the key factors driving market revenue growth. With increasing population residing in cities, transportation networks must be properly managed to allow for a mass movement.
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As a result, cities all over the world are exploring alternative forms of transportation to address traffic congestion challenges. It is expected that use of autonomous drones for Urban Air Mobility (UAM) would provide benefits such as lower pollution levels, faster travel times, and less load on current transportation infrastructure. However, adoption is limited owing to political, economic, social, technological, and legal issues and these factors are expected to hamper market revenue growth to some extent during the forecast period. Fundamental hurdles that governments of every country face while adopting urban air transportation must overcome political, economic, social, technological, and legal concerns.
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The 250-page report by Emergen Research contains 194 tables and 189 charts and graphs. Anyone in need of a commercial, in-depth assessment of the global Urban Air Mobility market and comprehensive market segment analysis can benefit from our new research. With the latest research, you can estimate the entire Urban Air Mobility regional and global markets. To grow your market share, get financial analysis of the entire market and its various segments. We believe there is great potential for fast-growing energy storage technology in this industry. Find out how to leverage current and potential revenue streams in this area. Research also helps you make better strategic decisions, allowing you to formulate growth strategies, enhance competitive analysis, and improve business productivity.
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The global Urban Air Mobility market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector. The global Urban Air Mobility market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers & acquisitions, new product launches, and joint ventures.
Major players in the market report include Bell Textron Inc., Volocopter GmbH, Uber Technologies, Inc., Airbus SE., Lockheed Martin Corporation, Lilium Aviation GmbH, Carter Aviation Technologies LLC, Guangzhou EHang Intelligence Technologies Co. Ltd., AirspaceX, and The Boeing Company
Research Report on the Urban Air Mobility Market Addresses the Following Key Questions:
Who are the dominant players of the Urban Air Mobility market?
Which regional market is anticipated to have a high growth rate over the projected period?
What consumer trends and demands are expected to influence the operations of the market players in the Urban Air Mobility market?
What are the key growth drivers and restraining factors of the Urban Air Mobility market?
What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
What is the overall impact of the COVID-19 pandemic on the Urban Air Mobility market and its key segments?
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Emergen Research has segmented urban air mobility market based on component, operation, range, end-use, and region:
Component Outlook (Revenue, USD Billion; 2019–2030)
- Air Taxis
- Air Shuttles
- Air Metros
- Air Ambulance
- Personal Aerial Vehicle
- Cargo Aerial Vehicle
- Last-Mile Delivery
- Charging Station
- Traffic Management
Operation Outlook (Revenue, USD Billion; 2019–2030)
- Fully Autonomous
Range Outlook (Revenue, USD Billion; 2019–2030)
End-Use Outlook (Revenue, USD Billion; 2019–2030)
- Ride-Sharing Companies
- Scheduled Operators
- E-Commerce Companies
- Hospitals and Medical Agencies
- Private Operators
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