Urban Air Mobility Trends and Forecast
The future of the global urban air mobility market looks promising with opportunities in the ridesharing companies, scheduled operator, e-commerce company, hospitals & medical agency, and private operator markets. The global urban air mobility market is expected to reach an estimated $13.6 billion by 2030 with a CAGR of 21.3% from 2024 to 2030. The major drivers for this market are the requirement for rapid and effective transit in cities, growing urbanization and gridlock in the streets, as well as, increasing urbanization and the demand for more rapid and efficient modes of transportation.Urban Air Mobility by Segment
The study includes a forecast for the global urban air mobility by solution, platform architecture, mobility type, end user, and region.Urban Air Mobility Market by Solution [Shipment Analysis by Value from 2018 to 2030]
- Infrasturcture
- Platform
Urban Air Mobility Market by Platform Architecture [Shipment Analysis by Value from 2018 to 2030]
- Rotary-Wing
- Fixed-Wing Hybrid
- Fixed-Wing
Urban Air Mobility Market by Mobility Type [Shipment Analysis by Value from 2018 to 2030]
- Air Taxis
- Air Shuttles And & Air Metros
- Personal Air Vehicles
- Cargo Air Vehicles
- Air Ambulances & Medical Emergency Vehicles
Urban Air Mobility Market by End User [Shipment Analysis by Value from 2018 to 2030]
- Ridesharing Companies
- Scheduled Operator
- E-Commerce Company
- Hospitals & Medical Agency
- Private Operator
- Others
Urban Air Mobility Market by Region [Shipment Analysis by Value from 2018 to 2030]
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Urban Air Mobility Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies urban air mobility companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the urban air mobility companies profiled in this report include-- Airbus
- Eve Holding
- Joby Aviation
- Textron
- Airo Group
Urban Air Mobility Market Insights
The publisher forecasts that rotary-wing is expected to witness the highest growth over the forecast period because it is mostly utilized in urban air mobility vehicles because of the rotary wings' capacity to provide stability.North America will remain the largest region over the forecast period due to growing need in densely populated cities for trustworthy and effective transportation services.
Features of the Global Urban Air Mobility Market
- Market Size Estimates: Urban air mobility market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Urban air mobility market size by various segments, such as by solution, platform architecture, mobility type, end user, and region in terms of value ($B).
- Regional Analysis: Urban air mobility market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different solution, platform architecture, mobility type, end user, and regions for the urban air mobility market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the urban air mobility market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the urban air mobility market size?Answer: The global urban air mobility market is expected to reach an estimated $13.6 billion by 2030.
Q2. What is the growth forecast for urban air mobility market?
Answer: The global urban air mobility market is expected to grow with a CAGR of 21.3% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the urban air mobility market?
Answer: The major drivers for this market are the requirement for rapid and effective transit in cities, growing urbanization and gridlock in the streets, as well as, increasing urbanization and the demand for more rapid and efficient modes of transportation.
Q4. What are the major segments for urban air mobility market?
Answer: The future of the global urban air mobility market looks promising with opportunities in the ridesharing companies, scheduled operator, e-commerce company, hospitals & medical agency, and private operator markets.
Q5. Who are the key urban air mobility market companies?
Answer: Some of the key urban air mobility companies are as follows:
- Airbus
- Eve Holding
- Joby Aviation
- Textron
- Airo Group
Answer: The publisher forecasts that rotary-wing is expected to witness the highest growth over the forecast period because it is mostly utilized in urban air mobility vehicles because of the rotary wings' capacity to provide stability.
Q7. In urban air mobility market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to growing need in densely populated cities for trustworthy and effective transportation services.
Q8. Do we receive customization in this report?
Answer: Yes,the publisher provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the urban air mobility market by solution (infrasturcture and platform), platform architecture (rotary-wing, fixed-wing hybrid, and fixed-wing), mobility type (air taxis, air shuttles and & air metros, personal air vehicles, cargo air vehicles, and air ambulances & medical emergency vehicles), end user (ridesharing companies, scheduled operator, e-commerce company, hospitals & medical agency, private operator, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
1. Executive Summary
2. Global Urban Air Mobility Market: Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- Airbus
- Eve Holding
- Joby Aviation
- Textron
- Airo Group
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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