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Global air mobility market forecast to grow at 35.3% between 2023 and 2028

Value Market Research (VMR), a market research company based in India, is predicting that the global air mobility market will expand from its current predicted size of USD 2.66 billion in 2021 by 35.3% between 2023 and 2028.

The VMR report says “Urban air mobility is estimated to gain prominence in the coming years with growing urbanization and traffic congestion. As per World Data estimates, 60% of the world’s population will be urban by 2030. This significant population growth is alarming to create a greater need for innovative mobility options as ground infrastructure is becoming increasingly congested. Urban air mobility provides a new way for people to travel around cities and urban areas while tackling traffic congestion. Companies are spending heavily to explore urban air mobility technology and to bring it to commercial use. Market participants are also adopting collaboration strategies to gain knowledge and pace in the innovation.”

The company’s website says “The research covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of urban air mobility. The growth and trends of urban air mobility industry provide a holistic approach to this study.”

VMR report that the research includes the following highlights:

“Which region holds the highest global urban air mobility market Share?
“In the global urban air mobility market, Europe holds the largest market share.”

“Which region holds the highest global urban air mobility market Share?
“In the global urban air mobility market, Europe holds the largest market share.”

What is the global urban air mobility market Segmentation covered in the report?
“The global urban air mobility is segmented By Component (Infrastructure, Platform), By Range (Intercity, Intracity), By Platform Operations (Piloted, Autonomous), By Platform Architecture (Rotary Wing, Fixed-Wing Hybrid), By End User (Ride Sharing Companies, Scheduled Operators, E-Commerce Companies, Hospitals & Medical Agencies, Private Operators), By Unmanned Platform System (Aerostructures, Avionics, Electrical Systems, Propulsion Systems, Cabin Interiors, Software)”

“Who are the leading global urban air mobility market manufacturers/players profiled in the report?
“The leading players in the global urban air mobility market are CityAirbus (Airbus Helicopters), Airbus A3, AIRSPACEX, Bartini, Vimana, Carter Aviation, Passenger Drone, Lilium Aviation, Volocopter, Aurora Flight Sciences (A Boeing Company), Joby Aviation, Workhorse.”

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(Image: Value Market Research)

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