Title: Revolutionizing Urban Mobility: The Growing Market for Urban Air Mobility
1Revolutionizing Urban Mobility The Growing
Market for Urban Air Mobility
The Global Urban Air Mobility (UAM) Market is
poised for significant growth over the next
decade. According to a report by
MarketsandMarkets, the UAM market is expected to
grow from USD 2.6 billion in 2022 to USD 28.3
billion by 2030, at a CAGR of 34.3 from 2025 to
2030. This growth is driven by the increasing
demand for alternative modes of transportation
in urban mobility for commercial
and
applications technological innovations
in
- unmanned technology.
- The report provides a comprehensive analysis
- of the UAM market by component (infrastructure
solutions and platform), platform operation
(piloted and autonomous), range (intercity and
intracity), platform architecture, systems,
end-user, and region. The infrastructure
solutions segment is expected to lead the market
during the forecast period, with vertiports
accounting - for a large share of infrastructure development
globally. - Download PDF Brochure _at_
- https//www.marketsandmarkets.com/pdfdownloadNew.a
sp?id251142860 - Fixed-wing architecture is projected to lead the
market during the forecast period, with
advancements in UAM market partnerships,
investments, and development of new products.
The avionics segment is projected to grow at the
highest rate, with advanced avionics developed
to improve safety and utility of the platform. - The Urban Air Mobility Market is expected to
transform urban transportation by offering a new
mode of transportation that is faster, more
efficient, and less congested. This market is
still in the nascent stage but is expected to
witness significant growth in the coming years,
driven by the increasing demand for urban air
mobility for commercial applications,
technological innovations in unmanned
technology, and growing investments in
infrastructure. However, the market also faces
significant challenges such as regulatory and
legal barriers, safety concerns, and lack of
public awareness, which need to be addressed for
the market to reach its full potential. - The market for Urban Air Mobility is highly
competitive, with key players investing in RD
to develop new products and technologies. The
market is characterized by many startups and
established players, such as Airbus, Boeing, and
Bell Helicopter, among others. The market is
also witnessing strategic partnerships,
collaborations, and investments to gain a
competitive advantage and expand market reach. In
2addition, the market is witnessing significant
investments in infrastructure solutions, such as
vertiports and charging stations, which are
critical for the growth of the market. As the
market matures, there is a potential for
disruptive technologies to emerge, leading to
new players entering the market and new business
models being developed. Europe is expected to be
the largest growing region in the UAM market
during the forecast period, with countries such
as Germany, UK, and France investing heavily in
the development and procurement of advanced eVTOL
systems for commercial operations. Top Urban Air
Mobility Companies Key Market Players Some of
the key players profiled in the urban air
mobility market report include Airbus (US),
Archer Aviation (US), EHang (China), Hyundai
motor group tech (South Korea) and Wingcopter
(Germany) among others. Ask for Sample Report
_at_ https//www.marketsandmarkets.com/requestsampleN
ew.asp?id251142860 About MarketsandMarkets Mar
ketsandMarkets is a blue ocean alternative in
growth consulting and program management,
leveraging a man-machine offering to drive
supernormal growth for progressive organizations
in the B2B space. We have the widest lens on
emerging technologies, making us proficient in
co-creating supernormal growth for clients. The
B2B economy is witnessing the emergence of 25
trillion of new revenue streams that are
substituting existing revenue streams in this
decade alone. We work with clients on growth
programs, helping them monetize this 25 trillion
opportunity through our service lines - TAM
Expansion, Go-to-Market (GTM) Strategy to
Execution, Market Share Gain, Account Enablement,
and Thought Leadership Marketing. Contact Mr.
Aashish Mehra MarketsandMarkets INC. 630
Dundee Road Suite 430 Northbrook, IL 60062 USA
1-888-600-6441