Urban Air Mobility Market Next Big Thing | Major Giants Kitty Hawk, Moog, EHang

The latest study released by The Insight Partners on Global Urban Air Mobility Market research with more than 100 market data tables and figures spread through Pages is easy to understand TOC in "Global Urban Air Mobility Market research", so you can get a variety of ways to maximize your profits. Urban Air Mobility Market predicted until 2034*.

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The urban air mobility market is expected to value at US$ 6,384.9 Million and is projected to reach US$ 23,250.3 Million by 2034. The Urban Air Mobility market is expected to grow at a CAGR of 17.5% during the forecast period of 2025 to 2034.

Advances in aviation technologies are creating the potential to provide convenient and efficient on-demand transportation for people and cargo in metropolitan areas. Urban Air Mobility (UAM) is a transportation concept that has the potential to reconstruct societal mobility. It proposes highly affordable, accessible, and fast urban air transit, which would reduce ground-based congestion by off-loading the existing roadways transportation infrastructure. UAM relies on the gain in technologies such as distributed electric propulsion, new business models such as application-based ride-sharing, and trends in advanced aerospace manufacturing that will reduce production costs. Increasing the credit of vehicle automation and autonomous vehicle operations will be critical in achieving the autonomous UAM vision. Autonomy will be needed for an economically viable transportation system capable of supporting the high anticipated demand. Significant increases in the technological maturity of stable, maneuverable, vertical takeoff and landing (VTOL) vehicle, and highly automated flight are primarily going to propel the UAM industry.

The global market for urban air mobility is segmented into three major regions- North America, Europe, and Rest of World. Urban air mobility (UAM) is an attractive business proposition, which is not too far off in the future. As the road travel in large megacities becomes increasingly congested, the population commuting daily are looking for a better way to safely travel to work and other destinations. Urban air mobility can serve as the advanced way to commute on a daily basis. Urban air mobility, being a part of the future urban landscape, is a term used to describe the systems that enables on-demand, safe, highly automated, and passenger and cargo carrying air transportation services in a metropolitan environment for manned aircraft and unmanned aircraft systems.
A minimum of three and a maximum of five-six passengers can travel by urban air mobility passenger carriers. In rural areas, more than six passengers travel by three-wheeler passenger carriers as per requirement. Increasing traffic congestions in urban cities is major factor driving the market growth. As the world's urban population grows, traffic congestion has been seriously affecting people's quality of life and taking a toll on general economic growth.

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Urban air mobility Market Insights
Aviation and Autonomous Driving Technology Advancements

Advances in aviation technologies are creating the potential to provide convenient and efficient on-demand transportation for people and cargo in metropolitan areas. Urban Air Mobility (UAM) is a transportation concept that has the potential to reconstruct societal mobility. It proposes highly affordable, accessible, and fast urban air transit, which would reduce ground-based congestion by off-loading the existing roadways transportation infrastructure. UAM relies on the gain in technologies such as distributed electric propulsion, new business models such as application-based ride-sharing, and trends in advanced aerospace manufacturing that will reduce production costs. Increasing the credit of vehicle automation and autonomous vehicle operations will be critical in achieving the autonomous UAM vision. Autonomy will be needed for an economically viable transportation system capable of supporting the high anticipated demand. Significant increases in the technological maturity of stable, maneuverable, vertical takeoff and landing (VTOL) vehicle, and highly automated flight are primarily going to propel the UAM industry.

Urban Air Mobility Market - Company Profiles
Airbus SAS
Aurora Flight Sciences
Bell Helicopter Textron Inc.
EHang
EmbraerX
Honeywell International Inc.
Kitty Hawk
Moog Inc.
Volocopter GmbH

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Sameer Joshi
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The Insight Partners is a one-stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Healthcare, Manufacturing and Construction, Media and Technology, Chemicals, and Materials.

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