The Urban Air Mobility Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Urban Air Mobility Market?
The historical growth trend in the Urban Air Mobility Global Market Report 2025 market indicates a substantial rise. The market size stood at $4.31 billion in 2024 and is projected to increase to $5.18 billion in 2025. This represents a compound annual growth rate (CAGR) of 20.3%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Urban Air Mobility Industry?
The Urban Air Mobility Global Market is projected to reach $10.37 billion in 2029, with a compound annual growth rate (CAGR) of 18.9%.
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What are the Key Growth Drivers Fueling the Urban Air Mobility Market?
The key drivers in the urban air mobility market are:
• Rise in data-driven operations and safety measures
• Enhanced investment and funding opportunities
• Growing public acceptance and positive perception of urban air mobility
• High demand for aerial ride-sharing services and infrastructure development for vertiports
Global Market Segmentation: Identifying Major Urban Air Mobility Industry Segments
The urban air mobility market covered in this report is segmented –
1) By Vehicle Type: Piloted, Autonomous
2) By Range: Intercity, Intracity
3) By End User: Ride Sharing Companies, Scheduled Operators, E-commerce Companies, Hospitals And Medical Agencies, Private Operators
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What are the Emerging Trends Shaping the Future of the Urban Air Mobility Market?
The key trends in the urban air mobility market are:
• The popularity of e-VTOLs is becoming a significant trend.
• Air traffic management solutions are increasingly shaping the market future.
• The trend of focusing on noise reduction is surging.
• Integration of AI and automation into the industry stands as an upcoming trend.
Who Are the Top Competitors & Leading Players in the Urban Air Mobility Market?
Major companies in the urban air mobility market are:
• Hyundai Motor Co
• The Boeing Company
• Lockheed Martin Corporation
• Airbus SE
• Honeywell International Inc.
• Safran SA
• Textron Inc.
• Embraer SA
• Bell Textron Inc.
• Volocopter GmbH
• Wisk Aero LLC
• Joby Aero Inc.
• Terra Drone Corp
• Airspace Experience Technologies Inc.
• Jetson Electric Bikes LLC.
• Fortem Technologies Inc.
• Karem Aircraft Inc.
• Urban Aeronautics Ltd.
• SkyDrive Inc.
• Lilium GmbH
• EHang Holdings Limited
• Jaunt Air Mobility LLC
• hopFlyt Inc.
• Archer Aviation Inc.
• Opener Inc.
• ElectraFly LLC.
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the urban air mobility market in 2024
