Urban Air Mobility (UAM) Market Growth Set to Surge Significantly to 2030


Posted June 25, 2024 by mayuripuranik57

Urban Air Mobility (UAM) Market by Share, Size, Revenue, Top Manufacturers Analysis and Forecast to 2030

 
A new Report by Delvens, titled "Urban Air Mobility (UAM) Market” offers a comprehensive analysis of the industry, which comprises insights on the Global analysis. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The global Urban Air Mobility (UAM) Market size was estimated at USD 4.7 billion in 2023 and is projected to reach USD 14.2 billion in 2030 at a CAGR of 21.8% during the forecast period 2024-2030.
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Urban Air Mobility (UAM) represents a transformative vision for the future of transportation, aiming to alleviate urban congestion and enhance mobility through electric-powered Vertical Take-off and Landing (eVTOL) aircraft.
The UAM market has garnered significant attention and investment in recent years due to escalating challenges with traffic congestion in cities worldwide. As urbanization continues to intensify, traditional ground transportation networks are strained, prompting the need for faster, more efficient modes of intra-city travel.
North America to Dominate the Market
North America dominates the Urban Air Mobility (UAM) market, holding the largest share compared to other regions. This leadership is bolstered by the presence of industry giant Boeing, which plays a pivotal role by heavily investing in prototype development and testing. The United States, within North America, sets the standard for adopting this cutting-edge mode of transportation, driven by a collaborative effort among numerous American startups. These startups are actively involved in the local development and implementation of UAM technologies, contributing to the region's leadership in innovation and market readiness.
Competitive Landscape
• Airbus S.A.S.
• The Boeing Company
• Volocopter GmbH
• Joby Aviation, LLC
• EHang Holdings Limited
• Bell Textron Inc.
• Embraer S.A.
• Lilium GmbH
• Hyundai Motor Group
• SkyDrive Inc.
• Terrafugia Inc.
• Kitty Hawk Corporation
• AeroMobil Limited
• Pipistrel d.o.o.
• Safran S.A.
• Eve Urban Air Mobility Solutions, Inc. and More
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Recent Developments:
In June 2022, American Airlines announced its investment in Vertical Aerospace, a leading engineering and aviation firm headquartered in the United Kingdom, specializing in electric vertical takeoff and landing (eVTOL) aircraft.
In May 2021, ANRA Technologies was awarded the Aeronautics Research Mission Directorate National Campaign 2 for Advanced Air Mobility (AAM) for Community Planning and Integration by NASA, securing victory in the NASA advanced air mobility project.
The Urban Air Mobility (UAM) Market is segmented into various segments such as Vehicle Type, Range, Operation and Region:
Based on Vehicle Type
• Air Taxi
• Air Ambulance
• Air Metro
• Last-Mile Delivery
Based on the Range
• Intercity
• Intracity
Based on the Operation
• Piloted
• Autonomous
• Hybrid
The Report helps to identify the opportunities in Global Regions:
• North America (the United States, Canada, and Mexico)
• Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
• Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))
• South America (Brazil etc.)
• The Middle East and Africa (North Africa and GCC Countries)
Access Full Report: https://www.delvens.com/report/urban-air-mobility-uam-market
In addition to the market data for the Urban Air Mobility (UAM) Market, Delvens offers client-centric reports customized according to the company’s specific demand and requirements.
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Tags urban air mobility uam market
Last Updated June 25, 2024