Urban Air Mobility Market: Drivers and Challenges

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Urban Air Mobility Market Opportunities,
Challenges and Forecast till 2030 This report
provides an analysis of the Urban Air Mobility
Market from 2018 to 2030. It discusses industry
and technological trends that are currently
prevailing in the market. It analyses factors
driving and restraining the growth of this
market, as well as the challenges faced it. The
market is estimated to be USD 2.6 billion in
2022and is projected to reach USD 28.3billion by
2030, at a CAGR of 34.3 during the forecast
period. Key factors fueling the growth of this
market include growing demand for
alternative transportation
modes of in urban
mobility, need for efficient logistics and last
mile delivery modes, growing need for green
energy and noise free aircraft, smart city
initiative and improving technologies in
batteries, motors, and power electronics. Downloa
d PDF Brochure _at_ https//www.marketsandmarkets.co
m/pdfdownloadNew.asp?id251142860 The UAM market
has been segmented into infrastructure solutions
and platform based on component. From 2025 to
2030, the infrastructure solutions segment of the
urban air mobility market is expected to grow at
the highest CAGR of 58.7. This increase is due
to the increased use of UAM aircraft for
intracity transport, which has increased the
demand for infrastructure. The urban air mobility
market for infrastructure solutions is divided
into vertiports, charging stations, air traffic
management facilities, and maintenance
facilities. The air traffic management facilities
segment is expected to account for the largest
market share in 2025 owing to expected large
amount of infrastructure development
globally. The urban air mobility market has been
segmented into autonomous and piloted segments
based on platform operations. From 2025 to 2030,
the autonomous segment is expected to increase
at a highest CAGR of 78.9. This growth can be
due to major investments in developing
cost-effective passenger and cargo transportation
options for intracity and intercity travel. The
urban air mobility market has been segmented into
intracity and intercity transportation based on
range. During the forecast period, the intracity
segment is expected to increase at a faster
pace. Intracity urban air mobility is predicted
to grow
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as a result of factors such as increasing traffic
congestion in cities due to population growth
and migration from rural areas. The urban air
mobility market has been segmented into
aerostructures, avionics, electrical systems,
propulsion systems, and software based on
systems. Due to improvements in avionics systems
for remotely piloted to completely autonomous
aircraft, the avionics segment is expected to
lead from 2025 to 2030. Avionics systems
functions as an integral part of the platform
that enables full autonomy. Ask for Sample Report
_at_ https//www.marketsandmarkets.com/requestsampleN
ew.asp?id251142860
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