Press release
Urban Air Mobility Market Set to Soar: Revolutionizing City Travel with Next-Gen Aerial Innovation 2025 | Top key players - Eve Holding, Inc., Vertical Aerospace, Textron Inc.
The 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.The Urban Air Mobility Market, as analyzed by DataM Intelligence, offers a comprehensive industry overview backed by in-depth insights, historical trends, and key statistics. The report dives deep into market dynamics and competitive strategies, profiling major players along with their product portfolios, pricing models, financial performance, growth initiatives, and regional presence.
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Urban Air Mobility (UAM) refers to the use of highly automated aircraft, including electric vertical takeoff and landing (eVTOL) vehicles, to transport passengers and goods within urban and suburban areas. Designed to reduce traffic congestion and enhance mobility, UAM integrates advanced aviation technologies, air traffic management systems, and smart infrastructure for efficient, safe, and sustainable aerial transportation in cities.
Major players in the Urban Air Mobility Market
The prominent players in Urban Air Mobility market research report are: 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.
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
Key Development
In June 2024, Lilium GmbH announced a collaboration with Bao'an District in China, aiming to establish a strong presence in the region's electric vertical takeoff and landing (eVTOL) industry. With the support of local infrastructure partners, customers, and regulatory bodies, the district's extensive regional expertise will provide a vital foundation for high-end eVTOL operations in the Greater Bay Area. Lilium also expressed its intention to scale operations throughout China and the Asia-Pacific region.
In June 2024, Guangzhou EHang Intelligent Technology Co. Ltd. successfully conducted the first autonomous air taxi flight of its EH216-S eVTOL aircraft in Mecca, Saudi Arabia. This pilotless flight was carried out in partnership with Front End Limited Company, a domestic advanced solutions provider. The achievement highlights the transformative potential of autonomous eVTOL technology in reshaping regional transportation systems in the Middle East.
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Market Segments
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: Less 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.
The Urban Air Mobility industry is experiencing rapid growth, driven by advancements in medical technologies, increased demand for innovative therapies, and a rising focus on patient-centered care. As these sectors evolve, the need for comprehensive market analysis becomes crucial to understand trends, regulatory changes, and emerging opportunities.
Regions Covered:
The global Urban Air Mobility Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
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
Stay ahead with data-driven strategies, competitive analysis, and future outlook.
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Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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