The Global Urban Air Mobility Market is expected to be around US$ 21 Billion by 2027 at a CAGR of 11.63% in the given forecast period.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Urban Air Mobility market share. Major industry players with significant revenue share include A³ By Airbus , Aurora Flight Sciences , Lilium , Embraer , Ehang , Volocopter , Workhorse Group , Pipistrel , Bell Helicopter , Neva Aerospace, and others.
Urban air quality provides safe and economical transportation victimization piloted and autonomous aircrafts for intracity and intercity commutation. vast investments from craft makers, infrastructure suppliers, and airspace integration researchers are created for urban air quality operations, aboard alternative operations within the airspace. The urban air quality is predicted to be used for many operations, like humanitarian missions, weather observance, ground traffic assessment, emergency medical evacuations, news gathering, package delivery, rescue operations, and rider transport. The Urban Air Mobility (UAM) is associate degree rising kind of transportation service in low-altitude airspace. UAM is associate degree trade term want to describe the system that permits on-demand, extremely machine-driven, rider or cargo-carrying transportation services inside and around a metropolitan setting. the rise in demand for another mode of transportation in Urban quality is one in all the key factors that area unit driving the expansion of UAM market.
The growth in urban population, increase within the ought to higher manage restricted natural resources in conjunction with increase focused on environmental property area unit the main factors for the increase in demand for sensible town solutions. The rise in sensible town initiatives can increase the necessity of UAM and therefore the players within the market can have to be compelled to cater to such demand. Moreover, the emergence of additional electrical craft (MEA), increasing demand for eVTOL craft in business applications, on-demand urban transportation, growing importance of VTOL craft in load transportation, and increasing usage in humanitarian relief operations area unit a number of the opportunities for the expansion of the worldwide urban air quality market.
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The global Urban Air Mobility market is segregated on the basis of Component as Infrastructure and Platform. Based on Operation the global Urban Air Mobility market is segmented in Piloted and Autonomous. Based on Range the global Urban Air Mobility market is segmented in Intercity (100 Kilometers to 400 Kilometers) and Intracity (20 Kilometers to 100 Kilometers).
The global Urban Air Mobility market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Urban Air Mobility market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
A³ by Airbus, Aurora Flight Sciences, Lilium, Embraer, Ehang, Volocopter, Workhorse Group, Pipistrel, Bell Helicopter, Neva Aerospace, and others are among the major players in the global Urban Air Mobility market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Urban Air Mobility Market has been segmented as below:
Urban Air Mobility Market, By Component
Urban Air Mobility Market, By Operation
Urban Air Mobility Market, By Range
- Intercity (100 Kilometers to 400 Kilometers)
- Intracity (20 Kilometers to 100 Kilometers)
Urban Air Mobility Market, By Region
- North America
- Rest of the World
Urban Air Mobility Market, By Company
- A³ by Airbus
- Aurora Flight Sciences
- Workhorse Group
- Bell Helicopter
- Neva Aerospace
The report covers:
- Global Urban Air Mobility market sizes from 2018 to 2027, along with CAGR for 2022-2027
- Market size comparison for 2020 vs 2027 with actual data for 2021, estimates for 2022 and forecast from 2022 to 2027
- Global Urban Air Mobility market trends, covering comprehensive range of consumer trends & manufacturer trends
- Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Urban Air Mobility market
- Major market opportunities and challenges in forecast timeframe to be focused
- Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
- Comprehensive company profiles of the key industry players
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The global Urban Air Mobility market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
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