Global Urban Air Mobility market is anticipated to grow at a CAGR of around 12% during 2021-2026

The burgeoning inclination of the countries towards creating environmentally sustainable cities has promulgated the demand for urban air mobility. The major factors for the growth of the Global urban air mobility market are a significant surge in the urban population leading to rapid growth in road congestion, a boost in technological developments in urban air mobility, and snowballing investment in vehicle automation and autonomous vehicle operations. Besides these, the launch of air taxis by ride-hailing companies and escalating demand for sustainable and innovative modes of transportation are anticipated to fuel the growth of the market in the forecast period.
Key questions answered in the study:
1. What are the current and future trends of the Urban Air Mobility industry?
2. How the industry has been evolving in terms of end-user demand and application areas?
3. How the competition has been shaping across the countries followed by their comparative factorial indexing?
4. What are the key growth drivers and challenges for the Urban Air Mobility industry?
5. What is the customer orientation, purchase behavior, and expectations from the Urban Air Mobility firms across various regions?

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According to MarkNtel Advisors’ research report “Global Urban Air Mobility Market Analysis, 2021”, the Global Urban Air Mobility market is anticipated to grow at a CAGR of around 12% during 2021-26F. Based on Component, Infrastructure acquired the considerable market share and is predicted to surge at a robust over the forecast period. The growth of the segment is attributed to rise in investment towards the deployment of eVTOL aircraft for intra-city travel. Thus, this lead rise in the need for infrastructure.

“Global Urban Air Mobility Market Analysis, 2021” provides comprehensive qualitative and quantitative insights on the industry potential, key factors impacting sales and purchase decisions, hotspots, and opportunities available for Urban Air Mobility providers across the Globe. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitor's capabilities on 16 parameters. This will help companies in the formulation of Go to Market Strategies and identifying the blue ocean for its offerings.

Middle-East & Africa Acquired the Considerable Share

Middle East & Africa acquired the considerable share in the market in 2019. The UAE is among the fast growing country in urban air mobility sector. The increasing inclination of the movement toward urban air mobility (UAM) by integrating mobility solutions have new and affordable transportation. The launch of first commercial electric air taxi operation in Dubai by 2022 is projected to fuel the demand for UAM. Beside this, significant rise in the number of start-up companies, increasing in new aircraft programs to surge the development of multiple electric vertical takeoff and landing (eVTOL) aircraft as these are environmentally and economically sustainable and growing urban population are the driving factor anticipated to upsurge the growth of the Urban Air Mobility Market in the forthcoming period as stated in MarkNtel Advisors’ research report “Global Urban Air Mobility Market Analysis, 2021”.

or detailed analysis, visit: https://www.marknteladvisors.com/research-library/global-urban-air-mobility-market.html

According to MarkNtel Advisors’, the key players with a considerable market share in the Global Urban Air Mobility market are Aurora Flight Sciences, Siemens, Embraer, Volocopter, A3 by Airbus, Workhorse Group, Pipistrel, Bell Textron, Neva Aerospace, Kitty Hawk etc.

Market Segmentation:
1. By Operation (Piloted, Autonomous)
2. By Component (Platform, Infrastructure)
3. By End User (Civilian, Last Mile Delivery, Military, Arial Imaging Systems, Unmanned Biologic Transport, Medical Air Rescue, Transport & Logistics, Road Traffic Patrol, Railway & Power Line Surveillance, Others)
4. By Range (Intracity, Intercity)
5. By Region (North America, South America, Europe, Middle East, and Africa, Asia- Pacific)
6. By Country (United States, Brazil, Switzerland, Germany, France, Belgium, Bulgaria, Estonia, Finland, Poland, Netherlands, UAE, Rest of Middle East & Africa, China, Japan, India, Australia, New Zealand)
7. By Company (Aurora Flight Sciences, Siemens, Embraer, Volocopter, A3 by Airbus, Workhorse Group, Pipistrel, Bell Helicopter, and Others)

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MarkNtel Advisors is a leading research, consulting and data analytics firm that provides a wide range of strategic reports on diverse industry verticals to a substantial and varied client base that includes multinational corporations, financial institutions, governments, and individuals.

We specialize in niche industries and emerging geographies to support our clients in the formulation of strategies viz. Go to Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, trend analysis, etc. in around 15 industry verticals to enable our clients in identifying attractive investment opportunities and maximizing ROI through an early mover advantage.

This release was published on openPR.