Urban Air Mobility Market Technology, Demand, Future Growth, Applications, Types, Analysis, Insights and Forecasts 2030

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Increasing need for alternative modes of transportation in urban mobility is one of the key factors for driving market revenue growth

The urban air mobility market size reached USD 3.10 Billion in 2021 and is expected to register a revenue CAGR of 13.8 % during the forecast period, according to latest analysis by Emergen Research. Increasing need for alternative modes of transportation in urban mobility is one of the key factors driving market revenue growth. With increasing population residing in cities, transportation networks must be properly managed to allow for a mass movement. As a result, cities all over the world are exploring alternative forms of transportation to address traffic congestion challenges. It is expected that use of autonomous drones for Urban Air Mobility (UAM) would provide benefits such as lower pollution levels, faster travel times, and less load on current transportation infrastructure.

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However, adoption is limited owing to political, economic, social, technological, and legal issues and these factors are expected to hamper market revenue growth to some extent during the forecast period. Fundamental hurdles that governments of every country face while adopting urban air transportation must overcome political, economic, social, technological, and legal concerns. Urban air mobility operations should be financially adjusted to accommodate increased operations while spending least amount of fixed resources. Significant investments must be made by research institutes, industry, universities, and governments.

The Global Urban Air Mobility Market Research Report is furnished with the latest information about product specifications and portfolio, technological advancement, product type, and manufacturing. Major factors such as revenue, costs, and gross margin are taken into consideration while formulating this report. The report provides extensive data concerning the key market players along with their SWOT analysis, financial standing, technological and product development, and recent strategic business expansion plans.

Key participants include Bell Textron Inc., Volocopter GmbH, Uber Technologies, Inc., Airbus SE., Lockheed Martin Corporation, Lilium Aviation GmbH, Carter Aviation Technologies LLC, Guangzhou EHang Intelligence Technologies Co. Ltd., AirspaceX, and The Boeing Company

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Key insights presented in the report:

Market revenue shares by major business players, by type, by application, and market scope of global Urban Air Mobility market

Sales revenue by key players and new entrants

Competitive analysis of key players, including aspects such as company overview, product or services specification, vendors, and buyers

Recent mergers, acquisitions, product launches, recent investments, and joint ventures

Regional analysis to provide insight into recent trends and opportunities

Emergen Research has segmented urban air mobility market based on component, operation, range, end-use, and region:

Component Outlook (Revenue, USD Billion; 2019–2030)

Platform

Air Taxis

Air Shuttles

Air Metros

Air Ambulance

Personal Aerial Vehicle

Cargo Aerial Vehicle

Last-Mile Delivery

Infrastructure

Charging Station

Traffic Management

Vertiports

Operation Outlook (Revenue, USD Billion; 2019–2030)

Piloted

Hybrid

Fully Autonomous

Range Outlook (Revenue, USD Billion; 2019–2030)

Intercity

Intracity

End-Use Outlook (Revenue, USD Billion; 2019–2030)

Ride-Sharing Companies

Scheduled Operators

E-Commerce Companies

Hospitals and Medical Agencies

Private Operators

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The Global Urban Air Mobility Market is further analyzed across the key geographical locations where the market has expanded to a significant size. The key region analyzed are North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The report offers a country-wise analysis to provide a comprehensive analysis of the Urban Air Mobility market in terms of production and consumption patterns, supply and demand ratio, import/export, revenue contribution, trends, and presence of prominent players in each region.

Regional Analysis Covers:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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