The report “Urban Air Mobility Market by Solution (Infrastructure, Platform), Mobility Type (Air Taxi, Personal Air Vehicle, Cargo Air Vehicle, Air Ambulance), Platform Operation, Range, Platform Architecture, End User, Region – Global Forecast to 2030” estimates the urban air mobility market to be USD 3.8 billion in 2023 and forecasts growth to USD 28.5 billion by 2030, at a CAGR of 33.5% from 2023 to 2030.
The following are key findings of the report:
“Based on solution, the infrastructures segment is estimated to have the highest CAGR during the forecast period.
“The infrastructure segment is projected to grow at the highest CAGR in the urban air mobility market during the forecast period. The UAM infrastructure is experiencing significant expansion as numerous cities worldwide are dedicating resources to establish vertiports, designated areas for air taxis, and eVTOL aircraft to take off and land. These vertiports necessitate specialized amenities like charging stations, landing pads, and passenger facilities.
“Based on platform operations, the autonomous segment is estimated to have the highest CAGR in the forecasted period.
“The autonomous segment is projected to grow at the highest CAGR in the urban air mobility market during the forecast period. Autonomous aircraft have emerged as efficient and secure transportation solutions, alleviated urban congestion and enhanced accessibility. Through recent technological advancements, these aircraft can autonomously navigate airspace and execute smooth take-offs and landings, ensuring seamless and dependable transportation options.
“Based on end users, the ridesharing companies’ segment is estimated to have the highest CAGR in the forecasted period.
“The ridesharing companies’ segment is projected to grow at the highest CAGR in the urban air mobility market during the forecast period. With the use of vertical takeoff and landing (VTOL) aircraft or drones, ride-sharing companies provide convenient and time-saving aerial transportation options. The growth of ride-sharing companies within the UAM ecosystem is revolutionizing urban mobility, paving the way for a future where flying taxis and on-demand aerial transportation.
“Based on region, the North America segment is estimated to have the highest CAGR and largest share during the forecast period.
“The North American region is projected to grow at the highest CAGR and largest share during the forecast period. Various technological advancements, increased demand for efficient transportation, and government support have propelled the expansion of urban air mobility in this region. North America has attracted several established aerospace companies and innovative startups to transform urban air mobility.
For more information
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=251142860
(Image:Ferrovial Mulligan)
