How big is the Urban Air Mobility Market?

The Urban Air Mobility Market size is expected to reach USD 3.60 billion in 2024 and grow at a CAGR of 23.54% to reach USD 45.40 billion by 2036. Read More

What is the current Urban Air Mobility Market size?

In 2024, the Urban Air Mobility Market size is expected to reach USD 3.60 billion. Read More

Which is the fastest growing region in Urban Air Mobility Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2036). Read More

Which region has the biggest share in Urban Air Mobility Market?

In 2024, the North America accounts for the largest market share in Urban Air Mobility Market. Read More

What years does this Urban Air Mobility Market cover, and what was the market size in 2023?

In 2023, the Urban Air Mobility Market size was estimated at USD 2.91 billion. The report covers the Urban Air Mobility Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Urban Air Mobility Market size for years: 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033, 2034, 2035 and 2036. Read More

What technological advancements are crucial for Uraban Air Mobility (UAM)?

The key technological factors of Urban Air Mobility (UAM) are: a) Innovations in battery efficiency b) Autonomous flight control systems c) Noise reduction technologies Read More

Urban Air Mobility Market - UAM Companies & Forecast

Urban Air Mobility Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2036)

The Report covers Global Urban Air Mobility Companies and is Segmented by Vehicle Type (Autonomous and Piloted), Application (Passenger Transport and Freighter), and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle-East and Africa). The report offers market size and forecasts by value (USD billion) for all the above segments.

Urban Air Mobility (UAM) Industry Overview

The urban air mobility market is consolidated, with very few companies accounting for a significant market share in the market. Embraer SA (through Eve UAM LLC), Volocopter GmbH, Guangzhou EHang Intelligent Technology Co. Ltd, Joby Aero, Inc., and Jaunt Air Mobility Corporation are some prominent players in the UAM market. The market is still in its development phase, with many players, through collaborations and partnerships, trying to deliver the first UAM units to their customers in the coming years and begin flight testing stages in collaboration with aircraft operators. In this regard, Eve UAM LLC announced that the company formalized the process of obtaining a Type Certificate for its eVTOL aircraft with the Civil Aviation Agency of Brazil (ANC) in February 2022. Currently, Eve has an order for up to 700 eVTOL aircraft. As the companies are moving toward receiving approvals from the regulatory authorities, flight testing is expected to begin in the coming years, allowing them to enhance their geographical presence by receiving orders from aircraft operators/aerial mobility service providers in the coming years.