Global Urban Air Mobility Market Overview And Prospects – Includes Urban Air Mobility Market Growth
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The global urban air mobility market is expected to grow from $2.49 billion in 2021 to $2.94 billion in 2022 at a compound annual growth rate (CAGR) of 18.0%. The global urban air mobility market size is expected to grow to $6.05 billion in 2026 at a CAGR of 19.8%.
The rising investment in the urban air mobility market is expected to boost the demand for the market.
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The urban air mobility market consists of sales of aerial vehicles by entities (organizations, sole traders, and partnerships) that refer to the use of highly automated small aircraft to carry passengers or cargo at lower altitudes in suburban and urban areas, which have been developed in response to traffic congestion. It also refers to emerging and existing technologies such as traditional helicopters, vertical-takeoff-and-landing aircraft (VTOL), electrically propelled vertical-takeoff-and-landing aircraft (eVTOL), and unmanned aerial vehicles (UAVs).
Global Urban Air Mobility Market Segments Include:
By Vehicle Type: Piloted, Autonomous
By Range: Intercity, Intracity
By End User: Ride Sharing Companies, Scheduled Operators, E-commerce Companies, Hospitals and Medical Agencies, Private Operators
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global urban air mobility market in 2021.
Technological advancements are shaping the urban air mobility market. Technological advancement is the discovery of knowledge that advances technology in developing new products.
TBRC’s Urban Air Mobility Market Report Covers:
Major Market Players: Airbus SE, Volocopter GmbH, Embraer SA, Honeywell International Inc., Hyundai Motor Group, Jaunt Air Mobility LLC, Karem Aircraft Inc., The Boeing Company, Joby Aero Inc., Carter Aviation, Passenger Drone, hopFlyt, Hoversurf, Jetpack Aviation, XTI Aircraft, and AirSpaceX.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Urban Air Mobility Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides urban air mobility market overviews, analyzes and forecasts market size, share, urban air mobility market players, urban air mobility market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s urban air mobility market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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