Urban Air Mobility Market Expanding at a CAGR of 36.98%

Urban Air Mobility Market

MarkNtel Advisors, a leading market research firm, has showed its latest study titled “Global Urban Air Mobility Market“, offering a detailed industry overview and market perspective. This comprehensive research provides insights into the current state of the market, highlighting recent advancements and emerging trends.

The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.

Analysis and Insights into the Global Urban Air Mobility Market: 2023-2028

The Global Urban Air Mobility Market size was valued at USD 2.98 Billion in 2022 and is projected to grow at a CAGR of around 36.98% during the forecast period, i.e., 2023-28.

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What are the primary factors driving the growth of the Global Urban Air Mobility Market?

Global Urban Air Mobility Market Driver

Surge in Vehicle Fleet Size Resulting in Massive Road Congestion: A sudden surge in population growth and the expanding number of vehicles significantly strain existing infrastructure, resulting in frequent traffic congestion. Citing challenges posed by road congestion, flying taxis, and autonomous aerial vehicles are being explored as they utilize the airspace to provide faster and more efficient travel options within cities. As a result, these innovative transportation modes, as a means to improve the overall efficiency of urban transportation networks, are gaining prominence worldwide, particularly across densely populated areas. Thus, the market outlook for urban air mobility seems promising during the forecast period.

Global Urban Air Mobility Market Segmentation:

The Global Urban Air Mobility Market is categorized in to different segments. Analyzing growth across these segments enables a comprehensive understanding of key growth areas within the industry. This segmentation provides valuable market insights, empowering stakeholders to make strategic decisions and identify primary market applications effectively.

By Operation

-Piloted

-Autonomous

By Range

-Intracity (20 Km – 100 Km)

-Intercity (101 Km – 400 Km)

By Component

-Platform

-Air Taxi

-Passenger Arial Vehicle

-Cargo Arial Vehicle

-Air Ambulance

-Last Mile Delivery

-Air Shuttles

-Others

-Infrastructure

-Charging Stations

-Traffic Management

-Vertiports

-Maintenance Facilities

By End User

-Civilian

-Last Mile Delivery

-Military

-Demining

-Reconnaissance

-Target Practice

-Arial Imaging Systems

-Unmanned Biologic Transport

-Medical Air Rescue

-Transport & Logistics

-Road Traffic Patrol

-Railway & Power Line Surveillance

-Others.

Geographical Analysis into the Global Urban Air Mobility Market:

  • North America
  • South America
  • Europe
  • Middle East & Africa
  • Asia-Pacific

Competitive Landscape and Global Urban Air Mobility Market Share Analysis:

The competitive landscape of the Global Urban Air Mobility Market includes comprehensive details about competitors. These details encompass company overviews, financial performance, revenue generation, market potential, investments in research and development, new market strategies, production facilities, strengths and weaknesses, product launches, ongoing trials, approvals, patents, product range, dominant applications, and technology life cycle.

The report features major players including:

Aurora Flight Sciences, Siemens, Embraer, Volocopter, A3 by Airbus, Workhorse Group, Pipistrel, Bell Textron, Neva Aerospace, Kitty Hawk.

Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.

Questions Addressed in this Study

  • What factors are driving the Global Urban Air Mobility Market growth?
  • How is the Global Urban Air Mobility Market expected to grow over the next five years?
  • What are the key insights into the current trends in the Global Urban Air Mobility Market?
  • What is the current size of the Global Urban Air Mobility Market, and how is it projected to change in the future?
  • What is the future outlook for the Global Urban Air Mobility Market in terms of technological advancements and market expansion?

Why choose MarkNtel?

MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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