Urban Air Mobility UAM Market Research Growth 2024
Urban air mobility UAM is an aviation industry term for on-demand and automated passenger or cargo-carrying air transportation services, typically flown without a pilot.
The urban air mobility market is projected to grow from USD 5.3 billion in 2018 to USD 15.2 billion by 2030, at a CAGR of 11.33% from 2018 to 2030.
The need to increase operational efficiency, reduction in human intervention for intercity and intracity transportation using eVTOLs, and growing investment activities around the world are key factors expected to drive the market growth.
the urban air mobility market has been segmented into infrastructure and platform. The platform segment is projected to grow at a higher CAGR during the forecast period owing to increasing investments from various eVTOL manufacturers for commercial applications, such as air taxi, personal air travel, cargo transportation, and air ambulance.
Based on operation, the urban air mobility market has been segmented into piloted and autonomous. The autonomous segment is estimated to lead the market during the forecast period, as autonomous eVTOLs are better suited for passenger and cargo transportation and are expected to be increasingly used for intercity transportation. These autonomous eVTOLs can operate in urban areas as they are equipped with high-quality sensors and proven technology for human-free operations. Presently, the market for fully-autonomous aerial vehicles is smaller than that of the piloted aerial vehicles. However, the autonomous segment is projected to grow at a higher rate during the forecast period.
This report presents a comprehensive overview, market shares and growth opportunities of Urban Air Mobility UAM market by product type, application, key companies and key regions.
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This study considers the Urban Air Mobility UAM value generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
Personal Air Vehicle
Cargo Air Vehicle
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Urban Air Mobility UAM market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Urban Air Mobility UAM market by identifying its various subsegments.
Focuses on the key global Urban Air Mobility UAM players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Urban Air Mobility UAM with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industry-specific challenges and risks .
To project the size of Urban Air Mobility UAM submarkets, with respect to key regions along with their respective key countries .
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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