Advanced Air Mobility Market Size, Growth and Share 2023, Revenue, Trends, Competitive Analysis, Future Opportunities and Forecast 2030
With a CAGR
of more than 13% from 2021 to 2030, it is anticipated that the global
advanced air mobility market
would grow from USD 2.5 billion in 2020 to USD 9.0 billion by 2030.
The idea of
on-demand and automated passenger or cargo-carrying air transportation services
is known as advanced air mobility, often known as urban air mobility (UAM). It
is an extremely sophisticated and cutting-edge method of transportation to
avoid clogged roadways. AAM involves using electric vertical takeoff and
landing (eVTOL) aircraft to convey people and freight between locations that
are currently difficult to reach by current ground or air transportation
methods. AAM systems use in-flight services that make it simpler for
individuals to travel to cities and other remote locations in the smallest
amount of time.
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GROWTH DRIVERS
Rising demand
for air transportation services, soaring demand for advanced mobility
alternatives for commercial applications, an increase in technological
innovations in unmanned technology, rising R&D investments in the advanced
air mobility industry,
and a growing emphasis on environmental sustainability because nascent
resources are being used up so quickly are just a few of the factors that are
contributing to the rapidly increasing traffic congestion issues.
Additionally,
governments and technology firms worldwide, particularly in developed ones,
have begun allocating funds and investing in advanced air mobility as a
potentially useful option for passenger and cargo transport in the future. This
is due to the rapidly growing number of on-road passenger vehicles burning
fossil fuels and the rising pollution levels globally. As a result, cities all
over the world are developing their AAM platform infrastructure quickly, which
has a huge positive impact on the expansion of the global market.
Additionally,
the increased investments in startups and the technological developments, such
as improvements in aerial vehicle autonomy and battery capacity, are all
expected to contribute to the expansion of the global market in the years to
come.
ADVANCED
AIR MOBILITY MARKET SEGMENTATION
By
Component
· Infrastructure
·
Charging
Stations
·
Vertiports
·
Air
Traffic Management Facilities
·
Maintenance
Facilities
· Platform
·
Air
Taxis
·
Air
Shuttles and & Air Metro
·
Personal
Air Vehicles
·
Cargo
Air Vehicles
·
Air
Ambulance & Medical Emergency Vehicles
·
Last-mile
Delivery Vehicles
By
Range
· Intercity
· Intracity
By
Platform Operations
· Piloted
· Autonomous
·
Remotely/Optionally
Piloted
·
Fully
Autonomous
By
Platform Architecture
· Rotary
Wing
· Fixed-wing
Hybrid
By End
User
· Ride
Sharing Companies
· Scheduled
Operators
· E-commerce
Companies
· Hospitals
& Medical Agencies
· Private
Operators
By
Unmanned Platform System
· Aerostructures
· Avionics
· Electrical
Systems
· Propulsion
Systems
· Cabin
Interiors
· Software
By
Region
· North
America
· Europe
· Asia
Pacific
· Middle
East
· Latin
America
KEY
COMPANIES IN ADVANCED AIR MOBILITY MARKET
· Aurora
Flight Sciences
· Bell
Helicopter Textron Inc.
· Delorean
Aerospace LLC
· Neva
Aerospace
· Wisk
Aero
· Lilium
· Kitty
Hawk
· EHang
· Jaunt
Air Mobility
· Volocopter
· Uber
Technologies Inc.
· Airbus
SE
· The
Boeing Company
· Safran
SA
· Other
Players
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