The Global Urban Air Mobility Market report assesses the historical and current data along with a thorough analysis of the market dynamics. The report also sheds light on the significant market growth driving and restraining factors that are anticipated to influence the market growth through the forecast period. The Global Urban Air Mobility Market studies the market scenario to offer growth projections for the Urban Air Mobility Market industry for the forecast period of 2022-2030. The report focuses on potential growth opportunities and limitations the prominent players of the industry might face during the entirety of the forecast timeline.
The market for urban air mobility had a value of USD 3.10 billion in 2021 and is projected to grow at a 13.8% CAGR in terms of revenue over the next five years. One of the main factors fueling the rise of the market's revenue is the rising demand for alternate forms of transportation in urban mobility. In order to accommodate a mass movement, transportation networks must be effectively managed given the growing population living in cities. Cities all around the world are therefore looking at other modes of transportation to combat the problems associated with traffic congestion. It is anticipated that using autonomous drones for urban air mobility (UAM) will have positive effects on air quality, travel times, and the burden on the existing transportation system. Political, economic, social, technological, and legal difficulties have hampered acceptance, and this is projected to limit market revenue growth to some extent throughout the projection period.
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Segmental Analysis
The global Urban Air Mobility market is broadly segmented on the basis of different product types, application range, end-use industries, key regions, and an intensely competitive landscape. This section of the report is solely targeted at readers looking to select the most appropriate and lucrative segments of the Urban Air Mobility sector in a strategic manner. The segmental analysis also helps companies interested in this sector make optimal business decisions and achieve their desired goals.
Segments Covered in this report are:
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
- Platform
Operation Outlook (Revenue, USD Billion; 2019–2030)
- Piloted
- Hybrid
- Fully Autonomous
Range Outlook (Revenue, USD Billion; 2019–2030)
- Intercity
- Intracity
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Competitive Outlook:
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.
Key Companies Profiled in the Report:
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
Report Highlights:
Besides offering a vivid depiction of the global Urban Air Mobility business sphere and its fundamental operations, the latest report provides the industrial chain analysis and list down the current and future market trends and growth opportunities.
The report includes information on the present and historical market scenarios, which helps forecast the market conditions over the next eight years (2020-2027).
The report scrutinizes the salient factors influencing the growth of the market in the near future.
The strategic marketing recommendations, crucial information related to the new market entrants, and expansion plans of various businesses are poised to provide the reader with a competitive edge in the market.
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 market 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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