The “Global Urban Air Mobility Market Size By Vehicle Type (Piloted, Autonomous), By Application (Passenger Transport, Cargo Transport, Air Ambulance), By Geographic Scope And Forecast” report has been published by Verified Market Research®. The report provides an in-depth analysis of the global Urban Air Mobility Market, including its growth prospects, market trends, and market challenges.
JERSEY CITY, N.J., Oct. 3, 2023 /PRNewswire/ — The Global Urban Air Mobility Market is projected to grow at a CAGR of 15.9% from 2021 to 2028, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 2.7 Billion in 2020 and is expected to reach USD 8.4 Billion by the end of the forecast period.
Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample?rid=38924
Browse in-depth TOC on “Urban Air Mobility Market“202 – Pages126 – Tables37 – Figures
Revolutionary Urban Air Mobility Market Redefines Urban Transportation: Market Research Reveals Lucrative Opportunities, Key Players, and Growth Drivers
The global Urban Air Mobility Market is on the brink of a monumental transformation with the advent of Urban Air Mobility (UAM). A recent market research analysis delves deep into this innovative sphere, uncovering significant market drivers, a promising outlook, and key players steering the industry toward a sustainable future.
Urban Air Mobility Market Drivers and Outlook:
Urban congestion and escalating traffic issues have propelled the need for faster, efficient, and eco-friendly modes of intra-city travel. UAM emerges as the solution, offering on-demand, automated, and unpiloted passenger or cargo-carrying air transportation services.
The demand for UAM services is poised to skyrocket, driven by growing urbanization, traffic congestion, and environmental concerns. The report forecasts a robust upward trajectory for the Urban Air Mobility Market, especially in European countries such as Germany, the UK, and France, where investments in advanced Electric Vertical Take-Off and Landing (eVTOL) systems are significantly contributing to market expansion.
Competitive Landscape and Key Players:
The competitive landscape of the Urban Air Mobility Market is vibrant, with several key players such as Volocopter, Airbus, Bell Helicopter, Kitty Hawk, Joby Aviation, Terrafugia, Pipistrel, Boeing, Neva Aerospace shaping the industry’s future.
Companies such as Lilium (Germany), Pipistrel, Bell, Hyundai Motors, Volocopter, and EHang are at the forefront of autonomous aircraft development for intracity transportation. Lilium, in particular, has pioneered the sector with its electric vertical take-off and landing jet, the Lilium Jet, boasting impressive cruising speeds and ranges. These players are actively engaged in strategic collaborations, innovative technology developments, and market expansion initiatives to gain a competitive edge.
Key Development Strategies and Market Ranking Analysis:
In this dynamic market, key players are deploying comprehensive development strategies to secure their positions and capitalize on emerging opportunities. Collaborative initiatives, such as the UAS Integration Pilot Program and the UAM Grand Challenge, are fostering alignment between technological advancements and regulatory frameworks. Market ranking analysis reveals that companies focusing on technological innovation, strategic partnerships, and regulatory compliance are likely to dominate the Urban Air Mobility Market.
Market Share Analysis:
The market share analysis indicates a diverse industry landscape, with key players capturing significant portions of the Urban Air Mobility Market. Ongoing research and development activities, coupled with strategic alliances, enable these companies to enhance their market presence and expand their customer base.
In summary, the Urban Air Mobility Market is on the cusp of a transformative era, reshaping urban transportation paradigms. With innovative technologies, strategic collaborations, and a focus on regulatory alignment, key players are set to revolutionize the way we perceive and experience intra-city travel.
To get market data, market insights, financial statements and a comprehensive analysis of the Global Urban Air Mobility Market, please Contact Verified Market Research®.
Based on the research, Verified Market Research® has segmented the global Urban Air Mobility Market into Vehicle Type, Application, And Geography.
Urban Air Mobility Market, by Vehicle Type
Piloted
Autonomous
Others
Urban Air Mobility Market, by Application
Passenger Transport
Cargo Transport
Air Ambulance
Others
Urban Air Mobility Market, by Geography
North America
U.S
Canada
Mexico
Europe
Germany
France
U.K
Rest of Europe
Asia Pacific
China
Japan
India
Rest of Asia Pacific
ROW
Middle East & Africa
Latin America
Browse Related Reports:
On-Demand Transportation Market By Service Type (E-Hailing, Car Sharing, Car Rental), By Vehicle Type (Four Wheeler, Micro Mobility), By Geography, And Forecast
Mobility On Demand Market By Type (Sharing, Renting), By Application Type (Car Rental, E-hailing, Station-based Mobility), By Geography, And Forecast
Electric Mobility Market By Product (Electric Car, Electric Scooter, Electric Bike), By Voltage (Less than 24V, 24V, 36V), By Battery (Sealed Lead Acid, NiMH), By Geography, And Forecast
Shared Mobility Market By Product (Net-Appointed Car Travel, Shared Car Travel, Shared bicycle travel), By Application (Short trips (5 km or less), Medium and long distance travel (5-15 km), Long-distance travel (more than 15 kilometers)), By Geography, And Forecast
Top 10 Advanced Aerial Mobility Companies changing the future of transportation
Visualize Urban Air Mobility Market using Verified Market Intelligence -:
Verified Market Intelligence is our BI Enabled Platform for narrative storytelling in this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue-impacting decisions for a brilliant future.
VMI provides a holistic overview and global competitive landscape with respect to Region, Country, Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.
About Us
Verified Market Research® is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research® provides advanced analytical research solutions while offering information-enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research.
We study 14+ categories from Semiconductors & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & Construction, Agriculture industry and Medical Devices from over 100 countries.
Contact Us
Mr. Edwyne Fernandes
Verified Market Research®
US: +1 (650)-781-4080
US Toll Free: +1 (800)-782-1768
Email: sales@verifiedmarketresearch.com
Web: https://www.verifiedmarketresearch.com/
Follow Us: LinkedIn | Twitter
Logo: https://mma.prnewswire.com/media/2015407/VMR_Logo.jpg
SOURCE Verified Market Research