Urban Air Mobility Market: Revolutionizing Travel with eVTOL Aircraft & Investment By 2032 | Most Leading Companies - Airbus, Lilium GmbH, Guangzhou EHang Intelligent Technology Co. Ltd, Eve Holding, Inc

Global Urban Air Mobility Market Size reached US$ 4.84 billion in 2024 and is expected to reach US$ 54.03 billion by 2032, growing with a CAGR of 35.20% during the forecast period 2025-2032.

Urban Air Mobility Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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Urban Air Mobility (UAM) refers to the use of air transportation within urban environments to move people and goods. This includes electric vertical takeoff and landing (eVTOL) aircraft, drones, and other aerial vehicles designed to operate in city airspace. UAM aims to alleviate ground traffic congestion, provide faster transportation options, and reduce carbon emissions with innovative, eco-friendly flying vehicles.

List of the Key Players in the Urban Air Mobility Market:

Airbus, Lilium GmbH, Guangzhou EHang Intelligent Technology Co. Ltd, Eve Holding, Inc., Vertical Aerospace, Textron Inc., Joby Aero, Inc., Embraer Group, Hyundai Motor Company, Archer Aviation Inc.

Industry Development:

In June 2024, Lilium GmbH formed a partnership with Bao'an District in China to establish itself as a key industry player, supported by local infrastructure partners, customers, and regulatory authorities. The district provides the essential regional expertise needed to lay the groundwork for high-end eVTOL operations in the Greater Bay Area, with plans for future expansion across China and the Asia-Pacific region.

In June 2024, Guangzhou EHang Intelligent Technology Co. Ltd. successfully completed the first autonomous air taxi flight of its EH216-S pilotless eVTOL aircraft in Mecca, Saudi Arabia. The company collaborated with Front End Limited Company, a local provider of advanced solutions across various industries, underscoring the transformative potential of pilotless eVTOL aircraft for regional transportation systems.

In April 2024, Joby Aero, Inc. signed a Memorandum of Understanding (MoU) with the Abu Dhabi Department of Economic Development (DED), the Department of Municipalities and Transport - Abu Dhabi (DMT), and the Department of Culture and Tourism - Abu Dhabi (DCT Abu Dhabi) to establish air taxi services in Abu Dhabi.

Research Process:

Both primary and secondary data sources have been used in the global Urban Air Mobility Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Urban Air Mobility Market:

By Type: Air Taxis, Air Metros & Air Shuttles, Personal Air Vehicles, Cargo Air Vehicles, Air Ambulances & Medical Emergency Vehicles, Last-Mile Delivery Vehicles, Others

By Maximum Take-off Weight: Leas Than 100 Kg, 100 - 300 Kg, Greater Than 300 Kg

By Propulsion: Gasoline, Electric, Hybrid

By Operation: Remotely Piloted, Fully Autonomous, Hybrid

By Application: Passenger Transport (Air Taxis), Cargo Transport / Last-Mile Delivery, Emergency & Medical Services, Inspection & Surveillance, Private/Corporate Transport, Airport Shuttle Services, Tourism & Sightseeing Flights, Others

By End-user: Private Operators, Military & Defense, Government & Municipal Authorities, Emergency Medical Services (EMS), Logistics & Delivery Companies, Others

Regional Analysis for Urban Air Mobility Market:

The regional analysis of the Urban Air Mobility Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Urban Air Mobility market?

➠ Who are the leading manufacturers in the global Urban Air Mobility industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Urban Air Mobility industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Urban Air Mobility market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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