Urban Air Mobility (UAM) - Global Market Outlook (2019-2027)
According to Stratistics MRC, the Global Urban Air Mobility (UAM) Market is accounted for $5.79 billion in 2019 and is expected to reach $15.75 billion by 2027 growing at a CAGR of 13.3% during the forecast period. Increasing road traffic in major cities, demand for an efficient mode of logistics & transportation and surging number of product launches are some of the factors propelling the growth of the market. However, limited adoption of urban air mobility due to pestle factors is hampering the growth of the market.
Urban air mobility is an urban transportation system that moves people by air. These transportation systems developed in response to traffic congestion. UAM consists of automated air transportation services used for carrying cargos and passengers reach the destination in the shortest period.
Based on the component, the platform segment is anticipated to hold considerable market share during the forecast period due to rising investments from different electric vertical take-off and landing aircraft manufacturers for commercial applications, such as air taxi, personal air vehicle, cargo transportation, and air ambulance. By geography, North America is expected to grow at a significant market share during the forecast period as the major cities in the U.S. are witnessing high traffic congestion, due to which people here would rapidly opt for airport shuttle and air taxi services.
Some of the key players profiled in the Urban Air Mobility (UAM) Market include AMSL Aero Pty Ltd., Airbus S.A.S, Airspace Experience Technologies, Inc., Aurora Flight Sciences, Bell Helicopter, DeLorean Aerospace LLC, Embraer SA, Joby Aviation, Karem Aircraft, Inc., Kitty Hawk, Lilium GmbH, Neva Aerospace, Opener, Pipistrel Group, Safran, Terrafugia, Thales Group, The Boeing Company, Volocopter GmbH, Volta Volare, Workhorse Group, Inc., Siemens, Ehang, DigiSky, Northrop Grumman Corp., BAE Systems, Israel Aerospace Industries (IAI), Leonardo, Lockheed Martin and Electravia - Helices E Props.
Aircraft Types Covered:
• Passenger Transport
• Landing Gear
• Rotor Wing
• Fixed Wing Vector Thrust Concept
• Hybrid Construction
• Tilt Wingers
• Intracity (20 to 100 Kilometers)
• Intercity (100 to 400 Kilometers)
• Software Technology
• Hardware Technology
• Aerial Imaging Systems
• Transport & Logistics
• Medical Air Rescue
• Road Traffic Patrol
• Oil Spill Inspection
• Pylon Inspection
End Users Covered:
• Ride-Sharing Companies
• E-Commerce Companies
• Government Organizations
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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