Urban Air Mobility Market Research Report — Global Forecast till 2028

Published - Jun 2019 | Category - Aerospace and Defense | No. of Pages - 133 | Published By - Market Research Future


Global Urban Air Mobility Market is estimated to register a CAGR of nearly 20% during the forecast period.

Global Urban Air Mobility Market Research Report: Information by Operation (Piloted, Autonomous), Architecture, Range (Inter-City, Intra-City), Infrastructure, Part, Propulsion, Hardware, Software, Platform, Application, and Region—Forecast till 2028

Market Scenario

The Vertical Take-off and Landing (VTOL) vehicle market (the parent market) comprises more than 100 manufacturers and as per the forecast, the value of the wider aerial mobility market, including passenger and cargo transportation, is expected to reach USD 1.5 trillion by 2040.

Urban air mobility (UAM) is an aviation industry term for on-demand and automated passenger or cargo-carrying air transportation services, typically flown without a pilot. Traffic is bad these days in urban areas and is getting worse. This creates an opportunity for such services to bring new ways for people to travel around cities and urban areas while reducing congestion.


 

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