Urban Air Mobility Market 2019 Size, Growth Analysis Report, Forecast to 2025
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Urban air mobility will gradually be integrated into the existing mobility landscape, bringing a time-efficient mode of travel and safe, enjoyable flight experience to more and more passengers at increasingly low cost. Saving significant amounts of time compared to taxis and subway lines, for instance, would make the use of urban air mobility services highly attractive to passengers. Bearing in mind the time taken for boarding/de-boarding and getting to and from a landing hub, eVTOL (electric vertical takeoff and landing) aircraft need trips to be at least 15 to 25 kilometers to deliver genuine-time savings and become the fastest urban mobility option. If they do achieve this goal, they can bypass (and potentially ease) the hassle of congestion, while also streamlining the poor connections to airports from which many major cities still suffer today.
In megacities such as São Paulo and New York, ultrahigh-net-worth individuals and top executives already commute by helicopter from the airport to the city center, or between points in the city center. By contrast, the switch to electric propulsion and eventually autonomous flight operations will slash purchase prices and running costs for eVTOL vehicles by order of magnitude, opening up the urban air experience to a much wider target group. However, legal, infrastructural, and technological hurdles remain, which could significantly hamper the urban air mobility market. Choosing the precise technology for every case is vital to the nascent industry.
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Current Market Trends Covered in the Report:
• Growing Investment Activities Across the Globe
• 5G Communication Networks, the Further Technological Enabler
• Range Expansion and Technological Advances
• Increasing Public Acceptance
• Collaborations are the Key to Growth
Global Urban Air Mobility Market - Segmentation
o Charging Stations
o Traffic Management
o Others (Vertiports)
o Air Taxi
o Personal Air Vehicle
o Air Ambulance
o Others (Cargo Aerial Vehicle)
Global Urban Air Mobility Market – Region
• Rest of Europe
• Rest of Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America
Airspace Experience Technologies, LLC
Aurora Flight Sciences Corp., a Boeing Company
Bell Textron Inc.
DeLorean Aerospace, LLC
Honeywell International Inc.
Kitty Hawk Corp.
Lockheed Martin Corp.
Neva Aerospace Ltd.
Sumitomo Corp. Group
Terrafugia, a company of Zhejiang Geely Holding Group
VerdeGo Aero, Inc.
Workhorse Group, Inc.
XTI Aircraft Co
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