May 28, 2021, 12:51 p.m. EDT

Urban Air Mobility Market Research Report: Cagr Status, Industry Growth, Trends, Analysis And Forecasts To 2027

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May 28, 2021 (Heraldkeepers) -- The Global Urban Air Mobility Market is expected to exceed more than US$ 15.22 Billion by 2024 at a CAGR of 11.63% in the given forecast period.

The growth in urban population, increase within the ought to higher manage restricted natural resources in conjunction with increase focused on environmental property area unit the main factors for the increase in demand for sensible town solutions. The rise in sensible town initiatives can increase the necessity of UAM and therefore the players within the market can have to be compelled to cater to such demand. Moreover, the emergence of additional electrical craft (MEA), increasing demand for eVTOL craft in business applications, on-demand urban transportation, growing importance of VTOL craft in load transportation, and increasing usage in humanitarian relief operations area unit a number of the opportunities for the expansion of the worldwide urban air quality market.

Market Research Engine has published a new report titled as " Urban Air Mobility Market Size by Component (Infrastructure, Platform), By Operation (Piloted, Autonomous), By Range (Intercity (100 Kilometers to 400 Kilometers), Intracity (20 Kilometers to 100 Kilometers)), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast 2018-2024."

Browse Full Report:

Urban air quality provides safe and economical transportation victimization piloted and autonomous aircrafts for intracity and intercity commutation. vast investments from craft makers, infrastructure suppliers, and airspace integration researchers are created for urban air quality operations, aboard alternative operations within the airspace. The urban air quality is predicted to be used for many operations, like humanitarian missions, weather observance, ground traffic assessment, emergency medical evacuations, news gathering, package delivery, rescue operations, and rider transport. The Urban Air Mobility (UAM) is associate degree rising kind of transportation service in low-altitude airspace. UAM is associate degree trade term want to describe the system that permits on-demand, extremely machine-driven, rider or cargo-carrying transportation services inside and around a metropolitan setting. the rise in demand for another mode of transportation in Urban quality is one in all the key factors that area unit driving the expansion of UAM market.

The global Urban Air Mobility market is segregated on the basis of Component as Infrastructure and Platform. Based on Operation the global Urban Air Mobility market is segmented in Piloted and Autonomous. Based on Range the global Urban Air Mobility market is segmented in Intercity (100 Kilometers to 400 Kilometers) and Intracity (20 Kilometers to 100 Kilometers).

The global Urban Air Mobility market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Urban Air Mobility market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Reasons to Buy this Report:

  • Gain detailed insights on the Urban Air Mobility industry trends

  • Find complete analysis on the market status

  • Identify the Urban Air Mobility market opportunities and growth segments

  • Analyse competitive dynamics by evaluating business segments & product portfolios

  • Facilitate strategy planning and industry dynamics to enhance decision making

Competitive Rivalry

A(3) by Airbus, Aurora Flight Sciences, Lilium, Embraer, Ehang, Volocopter, Workhorse Group, Pipistrel, Bell Helicopter, Neva Aerospace, and others are among the major players in the global Urban Air Mobility market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

The Urban Air Mobility Market has been segmented as below:

Urban Air Mobility Market, By Component

  • Infrastructure

  • Platform

Urban Air Mobility Market, By Operation

  • Piloted

  • Autonomous

Urban Air Mobility Market, By Range

  • Intercity (100 Kilometers to 400 Kilometers)

  • Intracity (20 Kilometers to 100 Kilometers)

Urban Air Mobility Market, By Region

  • North America

  • Europe

  • Asia-Pacific

  • Rest of the World

Urban Air Mobility Market, By Company

  • A(3) by Airbus

  • Aurora Flight Sciences

  • Lilium

  • Embraer

  • Ehang

  • Volocopter

  • Workhorse Group

  • Pipistrel

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