Urban Air Mobility Market Size, Shaping Future Trends and Growth from 2024-2031
The Urban Air Mobility Market was valued at USD 3.74 billion in 2023 and is expected to reach USD 39.05 billion by 2031, growing at a CAGR of 34.2% during the forecast period from 2024 to 2031.
The most recent Urban Air Mobility market research study includes in-depth analyses of major problems like the industry's scope, global demand, marketability, profitability, and potential. In order to provide a more complete view of this industry and aid companies in understanding the potential available, it also evaluates each sub-market. The study literature also examines the pandemic's consequences and provides practical suggestions for lowering market volatility. The most recent information on partnerships, mergers, and acquisitions as well as the tactics employed by the major rivals to assist market participants in making better judgments are also included in the study's competitive landscape section.
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Key Players:
- Volocopter GmbH
- Neva Aerospace
- Kitty Hawk
- Pipistrel Group
- EHang
- Lilium
- Airbus
- Workhorse Group Inc.
- Opener
- The Boeing Company
This market report examines the Urban Air Mobility industry's overall, regional, and worldwide growth prospects. Additionally, it illuminates the general market competitive landscape. The study also includes a dashboard review of important companies that describes their cutting-edge marketing approaches, market share, and most recent advancements in both historical and modern contexts. The study offers a comprehensive overview of the market and includes details on a range of issues, including drivers, limitations, opportunities, and threats. Stakeholders can use this information to inform their decisions before investing.
Market Segmentation
By Platform
- Air Shuttles and & Air Metro
- Air Taxis, Cargo Air Vehicles
- Personal Air Vehicles
- Last-mile Delivery Vehicles
- Air Ambulance & Medical Emergency Vehicles
By Platform Opeations
- Autonomous
- Piloted
By Range
- Intracity
- Intercity
By Platform Architecture
- Fixed Wing Hybrid
- Rotory Wing
COVID-19 Impact Analysis
The COVID-19 outbreak's consequences on the industry were thoroughly examined by the Urban Air Mobility market research. Within a predetermined time range, a complete risk analysis and industry recommendations for the target market were developed. This chapter also compares the pre- and post-COVID-19 markets to provide proper insights to the reader of this report.
Major Questions Answered in the Market Report
- What are the primary factors influencing the recent expansion of the global market?
- Who are the suppliers, retailers, and traders in the international target market?
- What are the global market's most attractive possibilities and risks for suppliers?
- What are the potential benefits, risks, and overall outlook for the Urban Air Mobility market?
- Which manufacturers rank highest when sales, revenues, and prices are considered?
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