North American Urban Air Mobility Market | Business Growth, Development Factors, Current and Future Trends till 2031 | Airspace Experience Technologies, Inc. Aurora Flight Sciences Corp. Bell Textron, Inc.

The North American urban air mobility market is estimated to generate a significant market value in 2018 and is estimated to grow at a CAGR of 13.0% during the forecast period. Some of the major factors that contribute to the growth of the market include a large number of start-ups and companies working in the field of urban air mobility and the ability to spend a high amount on urban mobility by the people. In addition, the air ambulance market is also expected to have a major market in the region due to insurance coverage of air ambulance in an emergency condition. Innovations by e-commerce companies such as Amazon.com in the field of logistics operations is also one of the major factors providing a significant opportunity to the market in the region.

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Canda is expected to contribute significantly in the near future in the market owing to various projects being held in the country. For instance, in October 2018, the first urban drone project, BVLOS UAS was completed. It was carried by commercial drone operator IN-FLIGHT Data and fixed-wing drone solutions provider senseFly in Calgary. It was aimed at collecting mapping data of the city. In the same month, the city started its Point Trotter Autonomous Systems Testing Area (Point Trotter ASTA) for companies to test drones, autonomous vehicles at a low cost. The site offers 125 acres of land available for testing purposes. Fees for one week or less are $190 whereas maximum fees of six months are $380.
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• Market Coverage
• Market number available for - 2023-2029
• Base year- 2022
• Forecast period- 2023-2029
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

Market Segmentation
North American Urban Air Mobility Market by Component
o Infrastructure
o Platform

North American Urban Air Mobility Market by Operation
o Piloted
o Autonomous

Regional Analysis
o United States
o Canada

Company Profiles
o Airspace Experience Technologies, Inc.
o Aurora Flight Sciences Corp.
o Bell Textron, Inc.
o DeLorean Aerospace, LLC
o Honeywell International, Inc.
o Hoversurf
o Kitty Hawk Corp.
o Opener, Inc.
o Verdego Aero Inc.
o Workhorse Group, Inc.
o XTI Aircraft Co.

The Report Covers
• Comprehensive research methodology of the North American Urban Air Mobility Market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the North American Urban Air Mobility Market.
• Insights about market determinants which are stimulating the North American Urban Air Mobility Market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.

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