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, according to latest analysis by Emergen Research. 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. 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.

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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. 

The Global Urban Air Mobility Market Research Report is furnished with the latest information about product specifications and portfolio, technological advancement, product type, and manufacturing. Major factors such as revenue, costs, and gross margin are taken into consideration while formulating this report. The report provides extensive data concerning the key market players along with their SWOT analysis, financial standing, technological and product development, and recent strategic business expansion plans.

The Urban Air Mobility Market research report also includes an insightful study of the prominent players of the industry along with their business overview, strategic planning, and business expansion plans adopted by them. This assists the readers and business owners in formulating strategic expansion and investment plans. The report focuses on mergers and acquisitions, joint ventures, collaborations, partnerships, corporate and government deals, and others. The report also talks about the expansions these prominent players are vying for in the key regions of the market. The report focuses on a detailed analysis of the technological and product developments undertaken by these companies.

Key participants 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

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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)

Platform

Air Taxis

Air Shuttles

Air Metros

Air Ambulance

Personal Aerial Vehicle

Cargo Aerial Vehicle

Last-Mile Delivery

Infrastructure

Charging Station

Traffic Management

Vertiports

Operation Outlook (Revenue, USD Billion; 2019–2030)

Piloted

Hybrid

Fully Autonomous

Range Outlook (Revenue, USD Billion; 2019–2030)

Intercity

Intracity

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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Regional Analysis:

The report further examines the market in the key regions of the world with regard to production and consumption patterns, import/export, supply and demand ratio, revenue generation, market share and size, and presence of prominent players in the regions. The report also covers the expansion plans undertaken by companies in the regions under the regional analysis section.

Key regions in the market include:

North America

U.S.

Canada

Europe

U.K.

Italy

Germany

France

Rest of EU

Asia Pacific

India

Japan

China

South Korea

Australia

Rest of APAC

Latin America

Chile

Brazil

Argentina

Rest of Latin America

Middle East Africa

Saudi Arabia

U.A.E.

South Africa

Rest of MEA

Key Questions Addressed in the Report:

Who are the leading players in the Urban Air Mobility industry?

Which region is expected to dominate the market in the coming years?

What are the key applications of Urban Air Mobility?

Which segment is expected to garner traction during the coming years?

What are the key strategies adopted by leading players in the market?

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