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Urban Air Mobility Market is estimated to register a CAGR of nearly 25.20% during the forecast period by 2022-2034

12-30-2019 10:06 AM CET | IT, New Media & Software

Press release from: QnQ Market Research Insights

Read the full report: https://www.qnqmarketresearchinsights.com/Details/urban-air-mobility-market

Growth rate as per future forecast

As per the systematic analysis and segment-wise study, the urban air mobility market is expected to grow with 25.20% CAGR. Reduce human intervention, intercity and intracity transportation, increasing investment activities around the world in urban air mobility market are Key factors to grow urban air mobility. During the forecast, urban air mobility is projected to $5.30 billion and predicted to grow at the highest CAGR during 2022 - 2034. North America (U.S.) is one of the expected regions to develop and invest more in urban air mobility to capture the market in 2034. According to the analysis, Singapore is predicted to have a high growth rate in 2034.

Based on component, the platform segment is expected to grow at higher CAGR during the forecast period

The urban air mobility is segmented into platform and infrastructure based on component. increasing traction in the drone infrastructure and possible use of drones for cargo and passenger transportation is pouring the investors. As eVTOLs demand is increasing for intercity and intracity transportation the platform segment to grow at higher CAGR from 2022 to 2034.

Based on operation, the autonomous segment is expected to grow at higher CAGR during the forecast period

The urban air mobility is segmented into piloted and the autonomous based on the operation. As the demand for autonomous eVTOLs for commercial application growing, it will be expected to drive this segment and the autonomous segment is expected to grow at a higher CAGR as compared to piloted segment between 2022 to 2034.

The key region for Urban Air Mobility

Meanwhile, Singapore is the fastest growing CAGR during the forecast period 2018-2025. Europe and Germany are one of the nations which are currently looking for the development of flying vehicles. Some of the Asia Pacific region considering urban air mobility market are China, U.A.E., and South Korea. Singapore and China are predicted to grow at the highest rate in the Asia-pacific region during the forecast.

Table of Content

i. By Component
a. Infrastructure
b. Air Taxi Platform
c. Air Ambulance Platform
d. Other
ii. By Operation
a. Autonomous
b. Piloted
iii. By Range
a. Intercity
b. Intracity
iv. By Region
a. North America
i. US
ii. Canada
iii. Mexico
b. Europe
i. UK
ii. France
iii. Germany
iv. Italy
v. Spain
vi. Rest of Europe
c. Asia Pacific
i. ANZ (Australia and New Zealand)
ii. China
iii. Singapore
iv. Japan
v. Rest of Asia Pacific
d. Latin America
i. Brazil
ii. Argentina
e. Middle East and Africa
i. GCC (Gulf Cooperation Council)
ii. Africa

Key Players and competitive benchmark

Airspacex
Siemens
Digisky
Volta Volare
Delorean Aerospace
Karem Aircraft
Opener
Neva Aerospace
Bell Helicopter

Read the full report: https://www.qnqmarketresearchinsights.com/Details/urban-air-mobility-market

About QnQ Market Research Insights
QnQ MRI's relentless efforts to understand and analyse niche markets, we aim to discover and deliver insightful and intelligent solutions to our clients.

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QnQ Market Research Insights is one stop solution for all Market Research and Consulting needs. we at QnQ MRI offer most detailed market segmentation in the industry. we perform high level analysis of major market segments and identification of opportunities.
QnQ MRI research coverage can be a wide range in varied or niche categories in the published data or custom-made as per client's projects.

QnQ MRI's relentless efforts to understand and analyse niche markets, we aim to discover and deliver insightful and intelligent solutions to our clients. as a young and dynamic organization in the market research we have been helping business interpret new insights to make the right decisions for their companies.

With our focus on in-depth research, best-in-class syndicated reports, advanced data analytics, actionable insights and personalized consulting, we are equipped to embrace this fast-changing industry and give our clients a winning edge.

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