Press release
Urban Air Mobility Market Top Key Players – Airbus, Lilium, Ehang China, Bell Textron Inc., Volocopter, Lockheed Martin, Wisk Aero, Jaunt Air Mobility
Advances in autonomous flying technology and 5G wireless networks, along with the need to reduce carbon emissions and offload roads in densely populated cities, are driving urban air mobility (UAM), most commonly in the form of commercial passenger and amenity logistic drones.
UAM (Urban Air Movement) refers to the evolution of urban mobility in the three-dimensional air. So far, we have only seen taxis on this main road, but (passenger) drones are gradually approaching the sky as a new means of transportation. This can relieve pressure on chronically overburdened infrastructure, such as those in fast-growing cities.
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GLOBAL URBAN AIR MOBILITY MARKET DYNAMICS
Increasing urbanization and traffic conditions in metropolitan areas are pushing the ground transportation system to its limits. Incorporating urban mobility into three dimensions can lead to more efficient, cleaner, safer and more interconnected transport networks.
Self-driving aircraft or flying cars are no longer science fiction. Projects and experiments are underway all over the world. FEV is working with major aircraft and automobile manufacturers, local governments and technology companies on new urban transport technologies.
More efficient logistics options are also needed. For example, the rise of e-commerce, companies like Amazon, and the rise of shipping fleets like UPS, which received FAA certification for fleet management of drones in 2019, seems to be the driving force for the use of functional gallop drones for commercial cargo.
GLOBAL URBAN AIR MOBILITY MARKET SEGMENTATION
The Global Urban Air Mobility Market can be segmented into following categories for further analysis.
Urban Air Mobility Market By Application
• Passenger Transportation
• Freighter Transportation
Urban Air Mobility Market By Product Type
• Piloted Product
• Autonomous Product
• Hybrid Product
Urban Air Mobility Market By Technology Focus Type
• Inter City Technology
• Intra City Technology
Urban Air Mobility Market By Architecture Type
• Rotary Wing Architecture
• Fixed Wing Architecture
Urban Air Mobility Market By Regional Classification
• Asia Pacific Region – APAC
• Middle East and Gulf Region
• Africa Region
• North America Region
• Europe Region
• Latin America and Caribbean Region
RECENT TECHNOLOGICAL TRENDS IN GLOBAL URBAN AIR MOBILITY MARKET
The main goal of urban air mobility is to reduce the burden on existing urban mobility alternatives by improving transportation within cities. Due to the lack of powerful and lightweight lithium-ion batteries and the infrastructure needed to create this battery charging points, most autonomous aircraft manufacturers are still in the research and development stage, and few players are able to deploy autonomous aircraft within cities.
New technologies have been added, including autonomy and sensor integration. The MATRIX autonomous flight system is based on system intelligence and can be used for military and commercial purposes. Depending on the situation and the use of autonomous flight, zero, one, or two pilots may control the aircraft.
URBAN AIR MOBILITY MARKET COMPETITIVE LANDSCAPE
As the number of road cars increases year by year, the capacity problem is also increasing. Increased road traffic, especially during peak hours, has significantly increased the amount of time travelers spend traveling by car.
Existing road infrastructure in most countries cannot handle peak traffic without passengers standing in line. This not only wastes citizens' time, it also puts the government at risk. In addition, the increase in the number of passenger cars that use fossil fuels is greatly polluting the environment.
URBAN AIR MOBILITY MARKET COMPANIES PROFILED
• Airbus
• Lilium
• Ehang China
• Bell Textron Inc.
• Volocopter
• Lockheed Martin
• Wisk Aero
• Jaunt Air Mobility
Read More Information: https://mobilityforesights.com/product/urban-air-mobility-market/
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We are among the very few market research firms globally, specialized in mobility domain(s). Our zone of research entails automotive, aerospace, marine, locomotive, logistics and construction & agricultural equipment.We deal in syndicated research, custom research and consumer research for all the above domains mentioned.
We envision the future of mobility every single day, following mobility domains is not just our profession rather it’s our passion. We are here, just to serve you in the most ideal way and your fulfillment is above everything else.
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