Urban Air Mobility Market Growing at the Fastest Rate in APAC and North America Region

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Urban Air Mobility Market Growing at the Fastest
Rate in APAC and North America Region This study
provides an analysis of the Global Urban Air
Mobility Market from 2017 to 2030. It discusses
the current and upcoming industry and
technological trends prevailing in the market,
along with the factors driving and restraining
the market growth, as well as the challenges
faced by it. The urban air mobility market which
was estimated to be valued at USD 2.6 billion in
2020 is projected to reach USD 9.1 billion
by 2030, growing at a CAGR of 13.5 during
the forecast period. The major factors fueling
the growth of this market include increasing
demand for enhanced operational efficiency, re
duced human intervention, and increased
investment activities around the world. Download
PDF Brochure _at_ https//www.marketsandmarkets.com/
pdfdownloadNew.asp?id251142860 Based on
component, the urban air mobility market
has been segmented into infrastructure and
platform. The infrastructure segment of the urban
air mobility market is projected to grow at the
highest CAGR from 2025 to 2030, owing to the
increased deployment of eVTOL aircraft for
intracity travel, leading to a rise in the need
for infrastructure. Infrastructure has been
further segmented into vertiports, charging
stations, air traffic management facilities, and
maintenance facilities. The vertiports segment is
expected to hold the largest market share in
2025, owing to expected large amount of
infrastructure development globally. Based on
platform operations, the market has been
segmented into autonomous and piloted. The
autonomous segment is projected to witness a
higher CAGR from 2025 to 2030, mainly due to the
significant investments being made to develop
cost-effective solutions for passenger and
cargo transportation for intracity and
intercity transportation. Based on range, the
market has been segmented into intercity
and intracity transportation. The intracity
segment is projected to witness a higher growth
rate in the coming years. Factors such as the
increasing traffic congestion in urban areas due
to the growing population and migration from
rural areas are expected to drive the growth of
intracity urban air mobility.
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Based on unmanned platform by systems, the
market has been segmented aerostructures,
avionics, electrical systems, propulsion systems,
cabin interiors, and software. The avionics
segment is estimated to be the leading segment
from 2025 to 2030, owing to increasing
developments in platform avionics systems from
remotely piloted aircraft to fully autonomous
aircraft. For full autonomy, a suite of
sophisticated avionics systems acts as an
integral part of the platform. Ask for Sample
Report _at_ https//www.marketsandmarkets.com/request
sampleNew.asp?id251142860
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