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“Global vertiport market to be worth USD11.05 billion by 2030” – new analysts report

Market analyst SNS Insider suggests that the global vertiport market was worth USD 0.24 billion in 2022 “and is projected to surge to USD 11.05 billion by 2030, experiencing a robust compound annual growth rate of 61.4% from 2023 to 2030.”

“The rapid increase in global urbanization has led to unprecedented levels of traffic congestion in major cities. Vertiports present a scalable solution to alleviate ground transportation congestion by introducing a three-dimensional dimension to urban mobility. This addresses the growing need for efficient and time-saving transportation options in densely populated urban areas. The continuous advancements in VTOL technology, particularly in electric propulsion and autonomy, are instrumental in driving the adoption of vertiports. As VTOL aircraft become more sophisticated and attain higher levels of safety and reliability, the demand for dedicated infrastructure to support these vehicles is on the rise. Vertiports play a pivotal role in ensuring the seamless integration of these cutting-edge aircraft into urban airspace. With an increasing focus on environmental sustainability, vertiports contribute to the reduction of carbon emissions in urban transportation. Electrically powered VTOL vehicles are inherently cleaner and more environmentally friendly than traditional modes of transportation.”

For more information

https://finance.yahoo.com/news/vertiports-market-surpass-usd-11-131300817.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAALT6EvHI3ysvzz7PJHURaONh3LlFbIW4zaA9rnmJbEbT0uRi5D-QTcXGex9p4Ib1VYTGMf2lpEoBioprNoJyfOfGt-CBlx0I2rXTcAjv8AD_-x7-ceB0hWYQndPh3JVlmeYZv78x

(Image: Shutterstock)

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