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The growing need for an alternative mode of transportation and smart city initiatives will drive the urban air mobility market.

An increase in the population has resulted in a rise in on-road traffic, thus providing lucrative opportunities for the development of the urban air mobility market. The administration of urban mobility still often operates in an environment that is extremely fragmented and hostile to change. Mobility systems often even do not respond adequately to emerging customer needs, combining single steps of the mobility value chain into a consolidated system.

The Urban Air Mobility report aims to impart a prospective outlook and draw an informative conclusion to assist the reader in making lucrative business decisions. The Urban Air Mobility report is an all-inclusive document that covers the drivers, restraints, challenges, emerging trends, consumer patterns, pricing analysis, and market estimation. It also offers key insights into top companies, regional bifurcation, and key segments and sub-segments. 

Urban Air Mobility Market Size – USD 3.10 Billion in 2023, Market Growth – CAGR of 25.9%, Market trends – Significant Investments by Stakeholders.

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The global Urban Air Mobility market is forecasted to be worth USD 15.54 Billion by 2030, according to a current analysis by Emergen Research. The escalating demand for an alternative mode of transportation in Urban Mobility is one of the significant factors which are stimulating the growth of the UAM market.

Key Competitors:

The study is inclusive of a comprehensive analysis of the commonly used marketing and promotional strategies adopted by the key Urban Air Mobility market players. Taking into account the existing market development factors, historical events, and recent market trends, the study presents a balanced opinion on the future scenario of the global Urban Air Mobility market.

Key participants include Airbus A3, AIRSPACEX, Aurora Flight Sciences (A Boeing Company), CityAirbus (Airbus Helicopters), Carter Aviation, Bartini, Passenger Drone, Lilium Aviation, Volocopter, and Vimana, among others.

It thus supports its opinion by discussing the key corporate strategies, such as mergers & acquisitions, takeovers, joint ventures, and strategic alliances, used by the market players to strengthen their global footprint.

Research Methodology

Our analysts have performed an accurate examination of the various aspects of the global Urban Air Mobility market leveraging avant-garde primary and secondary sources of data collection, along with other analytical tools like SWOT Analysis and Porter’s Five Forces Analysis.  The Urban Air Mobility industry report has gathered the necessary data and information from several reliable sources. Additionally, the report offers many strategic recommendations for companies involved in this ever-growing business sector to help them attain a competitive edge in the global Urban Air Mobility market.

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It also analyzes the revenue growth, key factors impacting the Urban Air Mobility market growth in each region, regulatory framework, economic growth, consumer demand, and presence of key companies.

Top Regions operating in the market include: North America, Asia Pacific, Europe, Latin America, Middle East & Africa    

Top key highlight

Airbus, Group ADP, and the RATP Group, along with the Paris Ile-de-France region and the French civil aviation authority (DGAC), have announced the launch of a feasibility study to demonstrate an urban system of vertical take-off and landing (VTOL) vehicles for the 2024 Olympic Games in Paris.

The pilot-based operation makes it easier for the market players to manufacture VTOL aircraft and aid them in getting rid of a massive amount of expenses in the autonomous R&D. This type of operation is safer and also implies a lesser amount of research and development costs.

The pilot-based operation makes it easier for the market players to manufacture VTOL aircraft and aid them in getting rid of a massive amount of expenses in the autonomous R&D. This type of operation is safer and also implies a lesser amount of research and development costs.

This section of the Urban Air Mobility Industry report lays profound emphasis on the fundamental strategic initiatives, such as new business deals, collaborations, joint ventures, mergers & acquisitions, and technological upgradation, taken by these companies in a bid to reach a valuable market position. The report covers information about the accrued Urban Air Mobility market share of every product type, coupled with their profit estimations and production growth graph.

Component Outlook (Revenue, USD Billion; 2023-2030)

  • Infrastructure
    1. Charging Stations
    2. Vertiports
    3. Traffic Management
  • Operations Outlook (Revenue, USD Billion; 2023-2030)
    • Piloted
    • Autonomous
    • Hybrid
  • Range Outlook (Revenue, USD Billion; 2023-2030)
    • Intercity
    • Intracity

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Innovators know that drones and aerial vehicles and are capable of reimagining urban mobility dramatically and asset delivery. Since then, various companies have built and produced a variety of ideas designed to test short-range aerial transportation.

The Urban Air Mobility report also offers insights into key factors such as investment opportunities regulatory framework, and technological advancements that are expected to contribute to revenue growth of each regional market.

Key Highlights of the ToC:

Market Overview:

Geographical Breakdown:

  • Production, by region
  • Revenue, by region
  • Consumption, by region

Product Type:

  • Production, by product type
  • Revenue, by product type
  • Price, by product type

Application Outlook:

  • Consumption, by application type
  • Market Share, by application type

Manufacturers’ Overview:

  • Production Locations and Areas Served
  • Product Launch, Application, and Specification
  • Production, Revenue, Ex-factory Price, and Gross Margin
  • Key Businesses and Markets Served

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Tags: Urban Air Mobility Market growth, Urban Air Mobility Market share, Urban Air Mobility market Demand

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