Urban Air Mobility (UAM) Market 2021: Global Analysis of Key Manufacturers, Dynamics & Forecast 2026

The Urban Air Mobility (UAM) Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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

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Top Leading Companies of Urban Air Mobility (UAM) Market are 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 and others.

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. 

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.

Competitive Landscape:

Uber and NASA partnered in 2018 to develop technologies for UAM airspace management to make large-scale UAM operations possible.

In October 2019, Porsche and Boeing signed an MoU to explore the urban air mobility market and its benefits. With the growing emphasis on environmentally friendly and economically sustainable technologies in mobility, players are mainly focussing on developing eVTOL (electric Vertical Takeoff and Landing) aircraft, whereas other players are looking beyond electricity to alternative energy sources like the hydrogen fuel cells. 

Investigator Observers Strong Growth in Specific Regions:

– Europe Market (Germany, UK, France, Russia, Italy)

– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)

– South America Market (Brazil, Argentina, Colombia)

– North America Market (United States, Canada, Mexico)

– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).

The Latest Industry Data Included in this Report:
- Urban Air Mobility (UAM) Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Urban Air Mobility (UAM) Market (%),2016 - 2026
- Urban Air Mobility (UAM) Market Share, By Brand
- Urban Air Mobility (UAM) Market Share, By Company
- Urban Air Mobility (UAM) Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Urban Air Mobility (UAM) Market Value Analysis & Forecast
- Promising Urban Air Mobility (UAM) Development by Major Companies
- Detailed Urban Air Mobility (UAM) Portfolio of the Major Companies
- Major Deals in the Urban Air Mobility (UAM) Market
- Major Companies Analysis

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