Top Urban Air Mobility Companies 2024

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TOP-URBAN-AIR- MOBILITY-COMPANIES-2024
Authored by Shweta Surender, MarketsandMarkets,
22 Jan 2024
Introduction The urban air mobility industry is
experiencing rapid growth, driven by increasing
urban congestion, technological advancements, and
growing environmental concerns. According to
market projections, the market for urban air
mobility is expected to reach USD 28.5 billion
by 2030, with a CAGR of 33.5 during the forecast
period (source). In this article, we will
explore some of the prominent companies in
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industry.
urban air mobility sector and their contributions
to revolutionizing
transportation. In this blog, we will explore
some of the top Urban Air Mobility
companies that are driving innovation and
revolutionizing the
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• Table of Contents
• Airbus SE (Netherlands)
• Eve Holding, Inc. (Brazil)
• Joby Aviation Inc. (US)
• Airo Group Holdings, Inc. (US)
• Textron Inc. (US)
• ð. Lilium Aviation GmbH (Germany)
• EHang (China)
• Wingcopter GmbH (Germany)
• . Vertical Aerospace (UK)
• 1. Airbus SE Pioneering UAM Solutions
• Airbus SE, headquartered in the Netherlands, is a
  global leader in the space and aviation
  industries. The company operates in three
  business segments Airbus Helicopters, Airbus,
  and Airbus Defense and Space. Under the Airbus
  Helicopters segment, Airbus provides urban air
  mobility solutions, such as the City Airbus eVTOL
  aircraft. These aircraft are designed using cu
  ing-edge materials and production processes,
  including 3D printing, composites, and robotics,
  to maximize longevity and strength.
• Airbus is heavily investing in research, design,
  and development of electric vertical takeo and
  landing (eVTOL) aircraft speci cally tailored
  for urban air mobility operations. The company
  aims to advance eVTOL technology by integrating
  electric propulsion systems, autonomous ight
  capabilities, and innovative design principles.
  To establish a comprehensive urban air mobility
  ecosystem, Airbus is also involved in developing
  necessary infrastructure components, including
  vertiports or skyports. These dedicated hubs
  serve as takeo and landing points for UAM
  vehicles, facilitating e icient passenger and
  cargo transfers and enhancing the convenience
  and e ectiveness of urban air travel.

2. Eve Holding, Inc. Transforming Urban
Transportation Eve Holding, Inc., a subsidiary of
Embraer, a Brazilian aircraft manufacturer, is an
aviation company specializing in the
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development and operation of electric vertical
takeo and landing
(eVTOL) aircraft for urban air mobility. With a
focus on sustainability
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• and e iciency, Eve aims to transform
  transportation by o ering innovative air
  mobility solutions.
• Eve designs and manufactures advanced aircraft
  tailored for safe and reliable passenger and
  cargo transportation. The companys business
  model revolves around deploying eVTOL aircraft as
  air taxis and urban transportation services,
  meeting the increasing demand for e icient urban
  mobility solutions. Eve prioritizes the use of
  electric propulsion systems to reduce emissions
  and noise pollution in urban areas,
  demonstrating a strong commitment to
  sustainability. Its eVTOL aircraft are capable
  of vertical takeo and landing, allowing them to
  operate from helipads or other approved landing
  spots without the need for conventional runways.
• Joby Aviation Inc. Advancing UAM Technology
• Joby Aviation Inc., based in the United States,
  is a leading company in the urban air mobility
  industry. The company focuses on developing and
  commercializing electric vertical takeo and
  landing (eVTOL) aircraft for air taxi
  operations. Joby Aviations eVTOL aircraft are
  designed to provide e icient and environmentally
  friendly transportation solutions for urban
  areas.
• The company is actively working on advancing UAM
  technology by integrating electric propulsion
  systems, autonomous ight capabilities, and cu
  ing-edge design features. Joby Aviations eVTOL
  aircraft o er quiet operation, reducing noise
  pollution, and have a range that enables them to
  cover signi cant distances e iciently. With
  their commitment to safety, performance, and
  sustainability, Joby Aviation aims to
  revolutionize urban mobility and provide a
  seamless and convenient transportation
  experience.
• Airo Group Holdings, Inc. Rede ning Urban
  Transportation
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• transportation solutions that address the
  challenges of urban congestion and environmental
  concerns.

Airo Group Holdings, Inc., based in the United
States, is a company at
the forefront of rede ning urban
transportation. The company specializes in the
development and production of electric vertical
takeo and landing (eVTOL) aircraft designed for
urban air mobility.
Airo Group Holdings aims to provide
sustainable and e icient
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• The eVTOL aircraft developed by Airo Group
  Holdings feature advanced aerodynamics, electric
  propulsion systems, and sophisticated ight
  control software. These aircraft are designed for
  vertical takeo and landing, enabling them to
  operate e iciently in urban environments without
  traditional runways. Airo Group Holdings
  prioritizes safety and reliability, incorporating
  redundant systems, fail- safe mechanisms, and
  comprehensive testing into the aircraft design.
  With their innovative approach to urban air
  mobility, Airo Group Holdings is revolutionizing
  transportation and paving the way for a future
  where urban congestion is alleviated, and
  environmental impact is minimized.
• Textron Inc. Pushing the Boundaries of UAM
• Textron Inc., headquartered in the United States,
  is a multinational industrial conglomerate that
  operates in various industries, including the
  aviation sector. The company is actively involved
  in pushing the boundaries of urban air mobility
  through its development of electric vertical
  takeo and landing (eVTOL) aircraft.
• Textrons eVTOL aircraft are designed to provide
  e icient and sustainable transportation
  solutions for urban areas. The company focuses
  on integrating advanced technologies, including
  electric propulsion systems and autonomous ight
  capabilities, to enhance the performance and
  safety of their aircraft. Textrons commitment to
  innovation and continuous improvement positions
  them as a key player in the urban air mobility
  industry, contributing to the transformation of
  urban transportation.
• Lilium Aviation GmbH Transforming the Future of
  Mobility
• Lilium Aviation GmbH, based in Germany, is a
  company dedicated to transforming the future of
  mobility through its innovative electric
  vertical takeo and landing (eVTOL) aircraft.
  Liliums eVTOL aircraft,
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• aerodynamics, electric propulsion systems, and
  sophisticated ight control software. The design
  prioritizes safety and reliability,

known as Lilium Jets, feature a xed-wing
design with multiple
electric ducted fans for vertical takeo and
landing, enabling e icient operation in urban
environments without traditional runways.
The aircraft developed by Lilium Aviation
incorporate advanced
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incorporating redundant systems, fail-safe
mechanisms, and thorough testing. Lilium
Aviation aims to provide a seamless and
convenient transportation experience while
minimizing environmental impact. By leveraging
electric propulsion systems, Lilium Jets reduce
emissions and noise pollution in urban areas,
contributing to a cleaner and more sustainable
future. 7. EHang Revolutionizing Urban Air
Mobility EHang, a Chinese company specializing in
autonomous aerial vehicles (AAVs), is at the
forefront of revolutionizing urban air mobility.
EHang operates through three business segments
Air Mobility, Smart City Management, and Aerial
Media Solutions, providing AAV products and
solutions to customers in various
industries. EHangs AAVs feature a multi-rotor
con guration with distributed electric motors
and rotors, enabling vertical takeo and landing
capabilities. This design eliminates the need for
traditional runways or helipads, making it
suitable for urban environments. The core
technologies of EHangs AAVs include advanced
ight control systems, sensor arrays, and arti
cial intelligence algorithms, enabling
autonomous navigation, real-time obstacle
detection and avoidance, and precise ight
control. These features ensure the safe and
e icient operation of EHangs AAVs. EHangs
business model involves both direct ownership and
operation of its AAVs, as well as partnerships
with transportation providers and service
operators. This approach enables e icient and
scalable deployment of their AAVs. EHangs focus
on expanding its product portfolio and exploring
new applications for its autonomous aerial
technology signi es their commitment to
revolutionizing urban air mobility.
8. Wingcopter GmbH Enabling E icient Delivery
Solutions Wingcopter GmbH, based in Germany, is a
company that specializes in developing and
manufacturing delivery drones for various
industries,
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reliable delivery solutions, overcoming the
challenges of urban congestion and tra ic.
including urban air mobility. Wingcopters drones
are designed to
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The companys delivery drones feature vertical
takeo and landing capabilities, allowing them to
operate in urban environments without the need
for large runways or helipads. Wingcopter
prioritizes safety, performance, and
sustainability, incorporating advanced ight
control systems, sensor technology, and electric
propulsion systems into their drones. These
features enable precise navigation, obstacle
detection and avoidance, and zero-emission ights,
contributing to reduced carbon emissions and
environmental impact. Wingcopters commitment to
innovation and their focus on developing e
icient delivery solutions positions them as a key
player in the urban air mobility industry,
revolutionizing the way goods are transported in
urban areas. 9. Vertical Aerospace Advancing
Electric Aviation Technology Vertical Aerospace,
based in the United Kingdom, is an aerospace
company dedicated to advancing electric aviation
technology. The company focuses on the
development of electric vertical takeo and
landing (eVTOL) aircraft for the urban air
mobility market, aiming to provide e icient and
environmentally friendly air transportation
options. Vertical Aerospace emphasizes safety,
performance, and noise reduction in their
aircraft designs. Their eVTOL aircraft are
equipped with electric propulsion systems,
enabling zero-emission ights and contributing to
a signi cant reduction in carbon emissions
compared to traditional aircraft. The companys
commitment to sustainability aligns with the
growing environmental concerns associated with
urban transportation. As a leader in advancing
electric aviation technology, Vertical Aerospace
is revolutionizing urban mobility, providing e
icient and sustainable transportation solutions
for future generations. We use cookies to
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Conclusion
The urban air mobility industry is experiencing
exponential growth, driven by increasing urban
congestion, technological advancements, and
environmental concerns. Prominent companies such
as Airbus
SE, Eve Holding, Inc., Joby Aviation Inc., Airo
Group Holdings, Inc.,
Textron Inc., Lilium Aviation GmbH, EHang,
Wingcopter GmbH, and
7
Vertical Aerospace are at the forefront of
revolutionizing transportation through their
innovative approaches to urban air
mobility. These companies are actively developing
and commercializing electric vertical takeo and
landing (eVTOL) aircraft, integrating advanced
technologies such as electric propulsion systems,
autonomous ight capabilities, and cu ing-edge
designs. By prioritizing safety, performance,
and sustainability, these companies are
transforming urban mobility, providing e icient,
environmentally friendly, and convenient
transportation solutions for urban areas. As the
market for urban air mobility continues to grow,
these companies will play a crucial role in
shaping the future of transportation, enabling
seamless and sustainable mobility in the urban
landscape.
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Revolutionizing Depot Charging Hockey Stick
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Market Inquire Now
RELATED REPORTS Urban Air Mobility Market Size,
Share, Industry, Statistics Growth Analysis
Report by Solution (Infrastructure, Platform),
Mobility Type (Air Taxi, Personal Air Vehicle,
Cargo Air Vehicle, Air Ambulance), Platform
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User, Region- Global Growth Driver and Forecast
to 2030
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