Press release
Urban Air Mobility Global Market Report 2024: Key Players, Demand Patterns And Forecasts 2033
Urban Air Mobility
The Business Research Company offers in-depth market insights through Urban Air Mobility Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The urban air mobility market size has grown exponentially in recent years. It will grow from $3.62 billion in 2023 to $4.38 billion in 2024 at a compound annual growth rate (CAGR) of 20.8%. The growth in the historic period can be attributed to urban development and smart city initiatives, infrastructure modernization, demand for time-saving transportation, advancements in electric propulsion systems, rise of ride-sharing and mobility services.
The urban air mobility market size is expected to see rapid growth in the next few years. It will grow to $8.8 billion in 2028 at a compound annual growth rate (CAGR) of 19.1%. The growth in the forecast period can be attributed to data-driven operations and safety measures, investment and funding opportunities, public acceptance and perception, demand for aerial ride-sharing services, infrastructure development for vertiports. Major trends in the forecast period include popularity of e-VTOLs, air traffic management solutions, focus on noise reduction, integration of AI and automation, urban infrastructure adaptations, user experience and accessibility.
Get Free Sample Of This Report-
https://www.thebusinessresearchcompany.com/sample.aspx?id=6609&type=smp
Market Segmentation:
The urban air mobility market covered in this report is segmented -
1) By Vehicle Type: Piloted, Autonomous
2) By Range: Intercity, Intracity
3) By End User: Ride Sharing Companies, Scheduled Operators, E-commerce Companies, Hospitals And Medical Agencies, Private Operators
Major Driver - Exploring The Urban Air Mobility Investment Boom
The rising investment in the urban air mobility market is expected to boost the demand of the market. There are many R and D investments in the urban air mobility industry, with many aerospace companies eyeing the urban air mobility market with high growth potential. For instance, according to American Airlines, a major airline headquartered in America, in June 2021, American Airlines Inc., announced it will invest in Vertical Aerospace. As part of the investment, American has agreed to pre-order, up to 250 aircraft, representing a potential pre-order commitment of $1 billion, and an option to order an additional 100 aircraft. American Airlines also expect to make a $25 million investment through private investment in public equity (PIPE) transaction in vertical. Therefore, the rising investment in the urban air mobility market is expected to boost its demand.
Competitive Landscape:
Major companies operating in the urban air mobility market report are Hyundai Motor Co, The Boeing Company, Lockheed Martin Corporation, Airbus SE, Honeywell International Inc., Uber Technologies Inc., Safran SA, Textron Inc., Embraer SA, Bell Textron Inc., Volocopter GmbH, Wisk Aero LLC, Joby Aero Inc., Terra Drone Corp, Airspace Experience Technologies Inc., Terrafugia Inc., Jetson Electric Bikes LLC., Fortem Technologies Inc., Karem Aircraft Inc., Urban Aeronautics Ltd., SkyDrive Inc., Lilium GmbH, EHang Holdings Limited, Carter Aviation Technologies, Jaunt Air Mobility LLC, hopFlyt Inc., EHang Intelligent Technology Co Ltd., Guangzhou EHang Intelligent Technology Co Ltd., Passenger Drone Research Private Limited, Archer Aviation Inc., Opener Inc., ElectraFly LLC
Get Access To The Full Market Report -
https://www.thebusinessresearchcompany.com/report/urban-air-mobility-global-market-report
Top Trend - Eve Air Mobility And Flexjet Pioneer Urban Air Mobility Solutions
Major companies operating in the urban air mobility market are focused on partnerships to increase their profitability in the market. Partnerships in Urban Air Mobility refer to collaborative arrangements between different entities, often involving companies, organizations, or government bodies, to collectively contribute to the development, deployment, and success of urban air mobility solutions. For instance, in November 2023, Eve Air Mobility, a Brazil-based aircraft company collaborated with Flexjet, a US-based aviation service provider to Explore Urban Air Mobility Potential through groundbreaking software simulation. This collaboration aims to test and enhance Eve's Urban ATM software, crucial for future Urban Air Mobility services. The companies executed an initial software simulation at Flexjet's Tactical Control Centre spanning four days. The simulation involved Eve's Urban ATM software tracking real-time helicopter flights conducted by Flexjet's UK helicopter division. User testing and feedback on the software's interface and industry significance were gathered during the simulation to enhance the software for upcoming UAM operations. This iterative process ensures the software aligns with the requirements of future air mobility endeavors.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Urban Air Mobility Market Characteristics
3. Urban Air Mobility Market Trends And Strategies
4. Urban Air Mobility Market - Macro Economic Scenario
5. Urban Air Mobility Market Size And Growth
…..
27. Urban Air Mobility Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Urban Air Mobility Global Market Report 2024: Key Players, Demand Patterns And Forecasts 2033 here
News-ID: 3422244 • Views: …
More Releases from The Business research company
Evolving Market Trends In The Integrated Geophysical Services Industry: Enhancin …
The Integrated Geophysical Services Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Integrated Geophysical Services Market Size During the Forecast Period?
The integrated geophysical services market has experienced consistent growth in recent years, expected to rise from $2.35 billion in 2024 to…
Global HR Advisory Services Market: Key Trends, Market Share, Growth Drivers, An …
The HR advisory services market report describes and explains the HR advisory services market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global HR advisory services market reached a value of nearly $155.74 billion in 2024, having grown at a compound annual growth rate (CAGR) of 4.22% since…
High Voltage Aluminium Electrolytic Capacitors Global Market Report 2025: Size, …
The high voltage aluminum electrolytic capacitors report describes and explains the high voltage aluminum electrolytic capacitors market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global high voltage aluminum electrolytic capacitors market reached a value of nearly $4.10301 billion in 2024, having grown at a compound annual growth…
Global Vertical Market Software Market: Key Trends, Market Share, Growth Drivers …
The vertical market software report describes and explains the vertical market software market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global vertical market software market reached a value of nearly $152.61027 billion in 2024, having grown at a compound annual growth rate (CAGR) of 12.11% since 2019.…
More Releases for Air
Thermoelectric Assemblies Market, By Type (Air to Air, Direct to Air, Liquid to …
The thermoelectric assemblies market is expected to witness market growth at a rate of 8.25% in the forecast period of 2021 to 2028. Data Bridge Market Research report on thermoelectric assemblies market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in the application of thermoelectric assemblies in the food and beverage industry…
Air Medical Services Market 2019 Development Status - EMS 24-7, Air Methods, PHI …
Global Air Medical Services Market 2019 by Company, Regions, Type and Application, Forecast to 2024 offers a stronger and effective business outlook. The report deals with a complete overview of Air Medical Services market which comprises definitions, a wide range of statements and an entire chain structure. The report delivers an in-depth analysis of different attributes of industries such as trends, developments, policies, and clients operating in different regions. The…
Air Ambulance Services Market 2019 AMR PHI Air Medical Scandinavian Air Ambulanc …
Air medical services is a comprehensive term covering the use of air transportation, airplane or helicopter, to move patients to and from healthcare facilities and accident scenes. Personnel provide comprehensive prehospital and emergency and critical care to all types of patients during aeromedical evacuation or rescue operations aboard helicopter and propeller aircraft or jet aircraft.
Request a Sample of this Report @ http://www.orbisresearch.com/contacts/request-sample/2398576 …
Air Ambulance Services Market 2026: Air Methods Corporation, Deccan Charters, Sc …
Coherent Market Insights has announced the addition of the “Air Ambulance Services Market Size Status and Forecast 2026”, The report classifies the global Air Ambulance Services Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
Publisher’s Air Ambulance Services market research report provides the newest industry data and industry future trends, allowing you to identify the products and…
Air Ambulance Services Market Growth, & Key Business Strategies by Leading Indus …
Coherent Market Insights has announced the addition of the “Air Ambulance Services Market Size Status and Forecast 2026”, The report classifies the global Air Ambulance Services Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
This report studies the global Air Ambulance Services Speaker market, analyzes and researches the Air Ambulance Services Speaker development status and forecast in…
Air Ambulance Services Market Analysis Report, Regional Outlook with Key Players …
Coherent Market Insights has announced the addition of the “Air Ambulance Services Market Size Status and Forecast 2026”, The report classifies the global Air Ambulance Services Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
This report studies the global Air Ambulance ServicesSpeaker market, analyzes and researches the Air Ambulance Services Speaker development status and forecast in North…
