Advanced Air Mobility Market Size is estimated to grow at a CAGR of 13% during the forecast period
The global advanced air mobility market is
projected to reach USD 9.0 billion by 2030 from USD 2.5 billion in 2020 at a
CAGR of over 13% from 2021 to 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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