Urban Air Mobility (UAM) Market Economic Perspective and Forecast To 2025 | Airbus SE, - The Boeing Company, - Textron Inc., - Safran

Market Insights Reports released a new study on 2021-2025 Urban Air Mobility (UAM) Market with 100+ data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis.

The Global Urban Air Mobility (UAM) Market Report provides an in-depth assessment of the given sector’s current position and central factors. The study considers the present scenario of the Urban Air Mobility (UAM) market and its market dynamics for the period 2021-2025. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent ones operating in the market.

The Urban Air Mobility (UAM) Market is expected to witness a CAGR of more than 10% during the forecast period.

Covid-19 Impact and Recovery Analysis:

The global Urban Air Mobility (UAM) market report also includes the impact of the Covid-19 pandemic. Moreover, it offers an exhaustive analysis of aspects that will encounter the development of the market pre & post Covid-19 pandemic.

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Top Key Players in the Global Urban Air Mobility (UAM) Market: Uber Technologies, Inc., - Airbus SE, - The Boeing Company, - Textron Inc., - Safran, - Bombardier Inc., - Embraer SA, - Hyundai Motor Group, - Pipistrel, - Karem Aircraft, - Honeywell International Inc., - Jaunt Air Mobility LLC

Key Market Trends

Need for Faster and Cleaner Urban Transportation Driving Investments in the Market

With the number of on-road passenger vehicles increasing every year, traffic congestion problems are also growing. Especially at certain peak hours, the increasing amount of traffic on the roads has significantly increased the commuter's time taken to travel by roads. The existing road systems in most of the countries do not have the capacity to handle the peak-hour loads without forcing the commuters to wait in line for the limited road space. This is not only wasting the time of citizens but also challenging the governments. In addition, growing on-road passenger vehicle volumes, which burn fossil fuels, is also polluting the environment considerably. With traffic congestion and urban road mobility posing a great challenge, governments and technology companies have started to look at Urban Air Mobility (UAM) as a viable option for the passenger and cargo transport. As the UAM is a safe and efficient air transportation system where the passenger-carrying air taxis are operating above populated areas, there will be significant time savings. Also, the air-taxis used for the UAM are mostly electric powered or fuel-cell powered. Hence they help in reducing atmospheric pollution. In this regard, many companies are investing significantly in this industry, which is expected to boost the technological advancements in the market in the long run, after the UAM systems enter the commercial usage phase.

Regional Analysis:

North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

The Market is projected to penetrate faster in North America And Europe compared to other regions

Several countries are working towards the commercial adoption of the Urban Air Mobility concept. However, Europe and North America are advancing faster than the other regions in the industry. With aerospace giants from the regions like Boeing and Airbus investing in these technologies and the emergence of many startups from both regions has made them important markets for the industry. In Europe, of late, several cities have been joining the Urban Air Mobility (UAM) Initiative which is a part of the European Innovation Partnership on Smart Cities and Communities (EIP-SCC). The initiative aims to contribute to the creation of a market for urban air mobility. Under this initiative, companies with innovative urban mobility solutions are brought together and their solutions are showcased and supported to replicate the feasible ones at a bigger scale. Even the regulations for the Urban Air Mobility industry are being drafted. At the Global Urban Air Summit in Farnborough in September 2019, industry and regulatory leaders in urban air mobility (UAM) stressed their commitment to match the industry's pace but underlining the challenges faced by the market.

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Significant Features and Key Highlights of the Reports:

– Detailed overview of Urban Air Mobility (UAM) Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc.
– Historical, current and projected market size in terms of volume and value.
– Recent industry trends and developments
– Competitive landscape of Urban Air Mobility (UAM) Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth.

Key questions answered

- Who are the Leading key players and what are their Key Business plans in the Global Urban Air Mobility (UAM) market?
- What are the key concerns of the five forces analysis of the Global Urban Air Mobility (UAM) market?
- What are different prospects and threats faced by the dealers in the Global Urban Air Mobility (UAM) market?
- What are the strengths and weaknesses of the key vendors?

The research includes historic data from 2015 to 2020 and forecasts until 2025 which makes the reports an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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