Global Urban Air Mobility Market Size will be worth USD 15.54 Billion by 2030– According to Emergen Research

The growing need for an alternative mode of transportation and smart city initiatives will drive the urban air mobility market.

VANCOUVER, BC, CANADA, January 31, 2022 /EINPresswire.com/ -- Global Urban Air Mobility Market Size is forecasted to be worth USD 15.54 Billion by 2030, according to a current analysis by Emergen Research.

It studies the existing competitive landscape with a focus on leading companies and their expansion strategies to project their growth and expansion in the forecast period. The report further offers an extensive overview of the market, along with an in-depth summary of the market’s leading players. The report ends with a conclusive data offering accurate insights into the growth of the market on both the regional and global scales.

The research report draws focus on the impact of the COVID-19 pandemic on the market and its crucial segments. It offers insights into the effects of the pandemic on the global economic scenario and business sphere.

An increase in urban population, a rise in the need to manage limited natural resources with an increase in the focus on environmental sustainability are the major factors for the rise in demand for smart city solutions. The surge in Smart City initiatives will foster the need for urban air mobility, and the market players will have to cater to such demand.

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Key participants include Airbus A3, AIRSPACEX, Aurora Flight Sciences (A Boeing Company), CityAirbus (Airbus Helicopters), Carter Aviation, Bartini, Passenger Drone, Lilium Aviation, Volocopter, and Vimana, among others.

An increase in urban population, a rise in the need to manage limited natural resources with an increase in the focus on environmental sustainability are the major factors for the rise in demand for smart city solutions. The surge in Smart City initiatives will foster the need for urban air mobility, and the market players will have to cater to such demand.

The study offers key insights into the strengths and weaknesses of the prominent players through an extensive SWOT analysis and Porter’s Five Forces analysis. The report also covers the segmentation of the market based on product types, application spectrum, and key regions. The investigative study assesses the global Urban Air Mobility market with regards to market size, market share, and revenue.

Furthermore, the report also assesses the market based on market reach and consumer base in the key geographical regions of the world.

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The study offers the readers an extensive coverage of the market scenario, including in-depth analysis of the key aspects such as drivers, restraints, limitations, growth prospects, macro- and micro-economic factors, and other key elements that are likely to influence the growth of the industry.

Europe is forecasted to be a significant regional ground for the urban air mobility market. The UAM initiative undertaken by the European Innovation Partnership on EIP-SCC (Smart Cities and Communities) has been taken into consideration by various European countries to explore the potential of drones in an urban context.

The global Urban Air Mobility market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. It evaluates the presence of the global Urban Air Mobility market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.

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For the purpose of this report, Emergen Research has segmented into the global Urban Air Mobility Market on the basis of operations, component, range, and region:

Component Outlook (Revenue, USD Billion; 2023-2030)

Infrastructure

Charging Stations

Vertiports

Traffic Management

Platform

Air Taxis

Air Shuttles

Air Metros

Last-Mile Delivery

Air Ambulance

Personal Aerial Vehicle

Cargo Aerial Vehicle

Operations Outlook (Revenue, USD Billion; 2023-2030)

Piloted

Autonomous

Hybrid

Range Outlook (Revenue, USD Billion; 2023-2030)

Intercity

Intracity

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Eric Lee
Emergen Research
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