eVTOL Revolution: Urban Air Mobility Market Set for 23.54% Annual Growth


Posted June 3, 2025 by Rupeshbidkar

Urban Air Mobility market to grow from $4.45B (2025) to $56.21B (2037) at 23.54% CAGR. Driven by eVTOL tech, $5B+ investments, and infrastructure development. North America leads (41% share).

 
The global Urban Air Mobility (UAM) market is experiencing unprecedented growth, with Mordor Intelligence projecting expansion from $4.45 billion in 2025 to $56.21 billion by 2037, representing a 23.54% compound annual growth rate. This remarkable growth trajectory is fueled by three key factors:
1. Technological advancements in electric vertical takeoff and landing (eVTOL) aircraft, with over $5 billion invested in development
2. Accelerating infrastructure projects including 65+ planned vertiport hubs worldwide
3. Strong regulatory progress from aviation authorities like FAA and EASA
Market Segmentation Highlights:
• Piloted aircraft dominate (53% share) while autonomous systems grow fastest (26% CAGR)
• Freight applications lead (55% share) but passenger transport shows strong potential (45%)
• North America maintains leadership (41% share) with Europe growing fastest (30% CAGR)
Industry leaders including Volocopter, Joby Aviation and EHang are driving innovation through strategic partnerships. Recent developments include Hyundai's collaboration with Indonesia's Nusantara Capital City Authority to establish an advanced air mobility ecosystem.
"The UAM sector represents the next frontier in urban transportation," said [Spokesperson Name], [Title] at Mordor Intelligence. "With congestion worsening in major cities worldwide, air mobility solutions offer a compelling alternative that's both efficient and environmentally sustainable."
The complete market analysis, including regional breakdowns and competitive landscape, is available in Mordor Intelligence's latest Urban Air Mobility Market Report.
About Mordor Intelligence:
Mordor Intelligence is a globally recognized market research firm specializing in emerging transportation technologies and smart mobility solutions.
With 300+ analysts across 15 countries, Mordor Intelligence maintains the world's most comprehensive database on emerging mobility technologies, tracking $47 billion in related investments since 2018.
Media Contact:
E-mail: [email protected]
Website : https://www.mordorintelligence.com/industry-reports/urban-air-mobility-uam-market
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Issued By rupesh
Country India
Categories Architecture , Automotive , Energy
Last Updated June 3, 2025