Vancouver, BC -- (SBWIRE) -- 01/25/2021 -- Urban air mobility (UAM) is an aviation industry jargon used to define on-demand and automated passenger or cargo unmanned air transportation services. These transport systems are developed to tackle escalating traffic congestion in urban cities. A rapidly escalating population is resulting in increased on-road traffic which is opening new growth opportunities for the market. The Global Urban Air Mobility Market is set to expand at a CAGR of 25.9% in the projected timeframe to reach a market value of USD 15.54 billion by 2030, according to a recent analysis by Emergen Research.

Some of the prominent players in the Urban Air Mobility industry include: Airbus A3, AIRSPACEX, Aurora Flight Sciences (A Boeing Company), CityAirbus (Airbus Helicopters), Carter Aviation, Bartini, Passenger Drone, Lilium Aviation, Volocopter, and Vimana, among others.

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Market Drivers

Escalating demand for an alternate mode of transportation, growing population, and the increased need for systematic logistics is projected to boost the progress of the industry. Digitalization is estimated to one of the major factors influencing the growth of the industry as it has the potential to enhance the mobility system and facilitate new business models to enter the mobility market as service providers.

Component Outlook (Revenue, USD Billion; 2023-2030)
Infrastructure
Charging Stations
Vertiports
Traffic Management
Platform
Air Taxis
Air Shuttles
Air Metros
Last-Mile Delivery
Air Ambulance
Personal Aerial Vehicle
Cargo Aerial Vehicle

Operations Outlook (Revenue, USD Billion; 2023-2030)
Piloted
Autonomous
Hybrid

Range Outlook (Revenue, USD Billion; 2023-2030)
Intercity
Intracity

The proliferation of 5G network is also foreseen to have a pivotal part in ensuring effective communication between the eVTOL aircraft. Additionally, emergence of various startups and advancement in technologies are boosting the market demand.

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Regional Outlook

The European urban air mobility market is projected to register the highest CAGR throughout the projected timeframe due to a rising investment for the evolution of advanced UAM systems with regards to commercial applications. Furthermore, the increasing trend of globalization and automation in countries such as Germany, France, and the U.K., is expected to bolster the industry's growth over the coming years.

Table of Content

Chapter 1. Methodology & Sources

    1.1. Market Definition

    1.2. Research Scope

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2019-2027

Chapter 3. Key Insights

Chapter 4. Urban Air Mobility Market Segmentation & Impact Analysis

    4.1. Urban Air Mobility Market Material Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Market indicators analysis

          4.2.2. Market drivers analysis

                    4.2.2.1. Implementation of advanced technology

                    4.2.2.2. Significantly longer brake life (up to 3X more than steel)

          4.2.3. Market restraints analysis

                    4.2.3.1. Use of other alternatives like reverse thrust, air braking, and drogue parachutes

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter's Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Chapter 5. Urban Air Mobility Market By Component Insights & Trends Revenue (USD Million)

    5.1. Component Dynamics & Market Share, 2019 & 2027

          5.1.1. Infrastructure

                    5.1.1.1. Charging Stations

                    5.1.1.2. Vertiports

                    5.1.1.3. Traffic Management

          5.1.2. Platform

                    5.1.2.1. Air Taxis

                    5.1.2.2. Air Shuttles

                    5.1.2.3. Air Metros

                    5.1.2.4. Last-Mile Delivery

                    5.1.2.5. Air Ambulance

                    5.1.2.6. Personal Aerial Vehicle

                    5.1.2.7. Cargo Aerial Vehicle

Chapter 6. Urban Air Mobility Market By Operation Insights & Trends Revenue (USD Million)

    6.1. Operation Dynamics & Market Share, 2019 & 2027

          6.1.1. Piloted

          6.1.2. Autonomous

          6.1.3. Hybrid

Chapter 7. Urban Air Mobility Market By Range Insights & Trends Revenue (USD Million)

    7.1. Range Dynamics & Market Share, 2019 & 2027

          7.1.1. Intercity

          7.1.2. Intracity

Continue…!

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