Urban Air Mobility Market Report 2026

The urban air mobility market size has grown exponentially in recent years. It will grow from $5.56 billion in 2025 to $7.11 billion in 2026 at a compound annual growth rate (CAGR) of 27.8%. The growth in the historic period can be attributed to advancements in vertical lift aircraft design, increasing urban congestion challenges, early testing of urban air taxi concepts, growth of drone-based logistics, initial regulatory sandbox programs.

The urban air mobility market size is expected to see exponential growth in the next few years. It will grow to $18.56 billion in 2030 at a compound annual growth rate (CAGR) of 27.1%. The growth in the forecast period can be attributed to increasing commercialization of urban air mobility services, rising investments in electric aviation infrastructure, expansion of autonomous flight certification frameworks, growing demand for rapid urban transport alternatives, increasing integration of air mobility into smart city planning. Major trends in the forecast period include increasing development of evtol aircraft platforms, rising deployment of autonomous air taxi systems, growing focus on urban air traffic management, expansion of short-range urban air routes, enhanced emphasis on passenger safety and certification.

The increasing urban population is anticipated to drive the expansion of the urban air mobility market in the coming years. The urban population includes individuals residing in cities or metropolitan areas, characterized by higher population density, advanced infrastructure, and greater social and economic complexity compared to rural regions. Urban air mobility improves transportation efficiency and alleviates congestion by providing rapid, aerial solutions for city dwellers. For example, in November 2025, according to the United Nations Department of Economic and Social Affairs, a US-based Secretariat-level department of the United Nations, approximately 45 per cent of the world’s 8.2 billion people live in cities, and between now and 2050, around two-thirds of global population growth is expected to occur in urban areas, with most of the remaining growth taking place in towns.

Major companies operating in the urban air mobility market are concentrating on developing digital ground infrastructure solutions, such as vertiport operations platforms, to improve operational efficiency, airspace coordination, and safe aircraft turnaround management. Vertiport operations platforms are digital systems that oversee the complete ground and airside activities at vertiports by managing aircraft scheduling, ground handling, data exchange, and integration with air traffic management systems. These platforms enable functionalities like real-time flight coordination, automated resource allocation, and secure arrival and departure sequencing. For example, in November 2023, ANRA Technologies, a US-based provider of comprehensive solutions for drone operators and airspace management, launched the Vertiport Management System (VMS). The VMS, a versatile online platform, addresses a critical digital technology gap in supervising vertical takeoff and landing air mobility aircraft at vertiports. Its microservice architecture supports varied vertiport designs, is compatible with any aircraft, and integrates smoothly with existing air traffic management systems. ANRA's airspace management offerings allow UAM operators to efficiently oversee their entire flight process with a complete suite of tools. Through intelligent data exchange, the VMS plays a key role in ensuring the safe arrival and departure of UAM aircraft.

In November 2023, Eve Air Mobility, a Brazil-based company focused on developing electric vertical take-off and landing (eVTOL) aircraft and urban air mobility (UAM) infrastructure, partnered with Flexjet. This collaboration involved testing Eve's Urban Air Traffic Management (Urban ATM) solution, which is designed to manage eVTOL operations in low-level airspace. The simulation occurred over four days at Flexjet's Tactical Control Centre in Farnborough, UK, where Eve's software monitored live helicopter flights from Flexjet's fleet. Flexjet, a US-based leader in fractional ownership aircraft, leasing, and jet card services, specializes in private aviation.

Major companies operating in the urban air mobility market are Hyundai Motor Co, The Boeing Company, Lockheed Martin Corporation, Airbus SE, Honeywell International Inc., Safran SA, Textron Inc., Embraer SA, Bell Textron Inc., Volocopter GmbH, Wisk Aero LLC, Joby Aero Inc., Terra Drone Corp, Airspace Experience Technologies Inc., Jetson Electric Bikes LLC., Fortem Technologies Inc., Karem Aircraft Inc., Urban Aeronautics Ltd., SkyDrive Inc., Lilium GmbH, EHang Holdings Limited, Jaunt Air Mobility LLC, hopFlyt Inc., Archer Aviation Inc., Opener Inc., ElectraFly LLC.

North America was the largest region in the urban air mobility market in 2025. Europe is expected to be the fastest growing region in the forecast period. The regions covered in the urban air mobility market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the urban air mobility market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The urban air mobility market includes revenues earned by entities by by enhancing the effectiveness of transportation in urban and cross areas while minimising its negative effects on the environment. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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