Skip to content
  • Home
  • World News
  • Business
  • Aviation
195 news

195News

All the news that's fit to print

  • Home
  • World News
  • Business
  • Aviation
  • Toggle search form
  • Rising Valuation to Reach 6.9 Billion by 2030, Fueled by Strong CAGR of 8.6%
    Rising Valuation to Reach $276.9 Billion by 2030, Fueled by Strong CAGR of 8.6% Business
  • The Amy Schumer Interview on ARI GLOBAL Show
    The Amy Schumer Interview on ARI GLOBAL Show World News
  • John Wodka, Owner of Platform Creator, A DotCom Magazine Exclusive Interview
    John Wodka, Owner of Platform Creator, A DotCom Magazine Exclusive Interview World News
  • ASAP Semiconductor Announces Its Status as an Approved Supplier of the Australian Department of Defense
    ASAP Semiconductor Announces Its Status as an Approved Supplier of the Australian Department of Defense World News
  • Supermarkets And Hypermarkets Market Size, Share And Growth Analysis For 2024-2033
    Supermarkets And Hypermarkets Market Size, Share And Growth Analysis For 2024-2033 World News
  • Deputy Secretary Sherman to Deliver Opening Remarks at the U.S.-India Alliance for Women’s Economic Empowerment Shatter Summit
    Deputy Secretary Sherman to Deliver Opening Remarks at the U.S.-India Alliance for Women’s Economic Empowerment Shatter Summit World News
  • Founder of USIDHR Rings the Bell of Peace for a Harmonious World at FOWPAL Ceremony
    Founder of USIDHR Rings the Bell of Peace for a Harmonious World at FOWPAL Ceremony World News
  • Special Representative for Afghanistan West’s Travel to Pakistan, Germany, Switzerland
    Special Representative for Afghanistan West’s Travel to Pakistan, Germany, Switzerland World News
Urban Air Mobility (UAM) Market Set to Expand at a Staggering 30.2% CAGR, Reaching .7 billion by 2031

Urban Air Mobility (UAM) Market Set to Expand at a Staggering 30.2% CAGR, Reaching $30.7 billion by 2031

Posted on March 15, 2025 By NewsEditor

Urban Air Mobility (UAM) Market Set to Expand at a Staggering 30.2% CAGR, Reaching .7 billion by 2031

Urban Air Mobility(UAM) Market Size, Share, Analysis

Based on range, the intercity sub-segment emerged as the global leader and intracity sub-segment is predicted to show the fastest growth in the upcoming years

WILMINGTON, DE, UNITED STATES, February 26, 2025 /EINPresswire.com/ — According to a new report published by Allied Market Research, titled, “Urban Air Mobility(UAM) Market,” The urban air mobility(uam) market size was valued at $2.3 billion in 2021, and is estimated to reach $30.7 billion by 2031, growing at a CAGR of 30.2% from 2022 to 2031.

Request The Sample PDF Of This Report: https://www.alliedmarketresearch.com/request-sample/6808

Urban air mobility is now proving to be a practical means of transport for moving people and cargo in innovative, cost-efficient ways. Urban air mobility guarantees to improve the current transportation ecosystem from congested roads and traffic conjunction. Urban air mobility has the potential to boost the effectiveness of the current transportation systems by minimizing distance traveled and enhancing sustainability. Urban air mobility will be thoroughly incorporated using the existing infrastructure and networks for transportation for connections at the first and last miles. The development of eVTOL aircraft which are able to take vertical takeoff has gotten the attention of major market players in urban transportation, which is a major factor estimated to propel the urban air mobility(UAM) market demand in the upcoming years.

However, some of the disadvantages of urban air mobility include its high initial investment cost. Urban air mobility is a flying vehicle that is developed to operate both on road and air but it requires to create of a suitable infrastructure for operating these vehicles in urban cities mostly in densely populated cities which includes a high investment cost in developing suitable infrastructure as well as there is chances of increase in noise pollution as these vehicles are using rotary blades for flying. These factors are going to hamper the urban air mobility(UAM) market growth in the forecasted period.

The use of urban air mobility vehicles as air taxis is anticipated to gain traction. This is because urban air mobility is flying vehicles that are used for transportation or either passenger or goods from one destination to another destination within urban areas. These vehicles are having the capabilities to take off and land vertically this ability of urban air mobility vehicles is going to make these vehicles perfect for air taxis in urban areas. Also, these vehicles are using electric energy for running it makes it a cost-effective and pollution-free mode of urban transportation. For instance, the Volocopter the urban air mobility company has plans to introduce air taxis in Singapore in 2024.

Market Segmentation

The global urban air mobility market share is segmented based on platform, platform operations, range, platform architecture, and region. By platform, it is classified into air taxis, air shuttles & air metro, personal air vehicles, cargo air vehicles, air ambulance & medical emergency vehicles, and last-mile delivery vehicles. By platform operations piloted and autonomous. By range intercity and intracity. By platform architecture rotary wing and fixed-wing hybrid. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Market Key Players

The key players profiled in the urban air mobility market report include market players are Ehang, Lilium Gmbh, Airbus, Wisk Aero LLC., Bell Textron, Volocopter GmbH, Workhorse Group Inc., Joby Aviation., Kitty Hawk, and Archer Aviation.

Procure Complete Report (390 Pages PDF with Insights, Charts, Tables, and Figures) @ https://www.alliedmarketresearch.com/checkout-final/81bcc31f47865c490f63e9abf045cfa5

The report offers a comprehensive analysis of the global urban air mobility market trends by thoroughly studying different aspects of the market including major segments, market statistics, market dynamics, regional market outlook, investment opportunities, and top players working towards the growth of the market. The report also sheds light on the present urban air mobility(UAM) market trends, scenarios, and developments that are contributing to the growth of the market. Moreover, restraints and challenges that hold power to obstruct the market growth are also profiled in the report along with Porter’s five forces analysis of the market to elucidate factors such as competitive landscape, bargaining power of buyers and suppliers, threats of new players, and the emergence of substitutes in the market.

Impact of Covid-19 on the Global Urban Air Mobility Market

The COVID-19 epidemic has had an enormous effect on every industry. Since most of the major companies in the Urban Air Mobility (UAM) sector are either directly or indirectly connected to the aviation sector, which has been significantly impacted by the pandemic, the UAM sector has also been negatively impacted.

The UAM sector, which is still developing, experienced robust growth before the COVID-19 epidemic, with a healthy pace of innovations and significant investments.

COVID-19 impacted almost all industries and the urban air mobility vehicle producing companies ceased their operations owing to import-export restrictions, lockdown imposed across several countries, shortage of labor the fear of contracting the novel coronavirus led to sluggish demand in the market.

Social distancing norms closed borders, and production constraints, due to the pandemic, across various countries such as China, India, and the U.S. have affected the urban air mobility(UAM) industry.

Key Findings of the Study

Based on the platform, the air taxis sub-segment emerged as the global leader in 2021, and the last-mile delivery vehicles sub-segment is anticipated to be the fastest growing sub-segment during the forecast period.

Based on platform operations, the piloted sub-segment emerged as the global leader in 2021 and the autonomous sub-segment is anticipated to be the fastest growing sub-segment during the forecast period.

Based on range, the intercity sub-segment emerged as the global leader in 2021 and the intracity sub-segment is predicted to show the fastest growth in the upcoming years.

Based on platform architecture, the rotary wing sub-segment emerged as the global leader in 2021 and the fixed-wing hybrid sub-segment is predicted to show the fastest growth in the upcoming years.

Based on region, the Asia-Pacific market registered the highest market share in 2021 and is projected to maintain the position during the forecast period.

The report provides an in-depth analysis of urban air mobility(UAM) market share.

Inquiry Before Buying @: https://www.alliedmarketresearch.com/purchase-enquiry/6808

Reasons to Buy this Urban Air Mobility(UAM) Market Report:

> Mergers and acquisitions should be well-planned by identifying the best manufacturer.

> Sort new clients or possible partners into the demographic you’re looking for.

> Suitable for providing dependable and high-quality data and analysis to assist your internal and external presentations.

> Develop tactical initiatives by gaining a better grasp of the areas in which huge corporations can intervene.

> To increase and grow business potential and reach, develop and plan licencing and licencing strategies by finding possible partners with the most appealing projects.

> Recognize newcomers with potentially strong product portfolios and devise effective counter-strategies to acquire a competitive edge.

> To develop effective R&D strategies, gather information, analysis, and strategic insight from competitors

Related Reports :

Luxury Travel Market

Business Travel Market

Travel Accommodation Market https://www.alliedmarketresearch.com/travel-accommodation-market

Personalized Travel and Experiences Market https://www.alliedmarketresearch.com/personalized-travel-and-experiences-market-A12540

Sports Tourism Market https://alliedmarketresearch.com/sports-tourism-market-A13076

Related Article:

https://www.prnewswire.com/news-releases/urban-air-mobility-uam-market-to-reach-30-7-billion-globally-by-2031-at-30-2-cagr-allied-market-research-301668794.html

David Correa
Allied Market Research
+ 1 800-792-5285
email us here
Visit us on social media:
Facebook
X
LinkedIn
YouTube

Legal Disclaimer:

EIN Presswire provides this news content “as is” without warranty of any kind. We do not accept any responsibility or liability
for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this
article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

You just read:

News Provided By

February 26, 2025, 14:20 GMT


EIN Presswire’s priority is author transparency. We do our best to weed out false and misleading content. The content above is
the sole responsibility of the author who makes it available. If you have any complaints, kindly contact the author above.



Article originally published on www.einpresswire.com as Urban Air Mobility (UAM) Market Set to Expand at a Staggering 30.2% CAGR, Reaching $30.7 billion by 2031

Business

Post navigation

Previous Post: Chemical, Biological, Radiological, and Nuclear (CBRN) Security Market Update 2025: USD 29.9 billion Revenue by 2033
Next Post: Firefighting Drone Market Update 2025: Projected to Exhibit USD 2.4 Billion Revenue by 2031, Claims AMR

Related Posts

  • In Wake of COVID Shot Being Added to CDC’s Childhood Immunization Schedule, We The Patriots USA Seeks to Make Vaccination Status Discrimination Illegal
    In Wake of COVID Shot Being Added to CDC’s Childhood Immunization Schedule, We The Patriots USA Seeks to Make Vaccination Status Discrimination Illegal Business
  • TES and SCG International Collaborate to Create Clean Energy Solutions in Thailand
    TES and SCG International Collaborate to Create Clean Energy Solutions in Thailand Business
  • Get The Child Tax Credit With No Income in 2023 and 2024 Announced by Harbor Financial
    Get The Child Tax Credit With No Income in 2023 and 2024 Announced by Harbor Financial Business
  • Stirling CBD Shares How Chiropractors Are Using CBD Gummies to Help Their Clients Sleep Better
    Stirling CBD Shares How Chiropractors Are Using CBD Gummies to Help Their Clients Sleep Better Business
  • Bearing Market Booming Worldwide Opportunity, Growth Forecast 2027
    Bearing Market Booming Worldwide Opportunity, Growth Forecast 2027 Business
  • La Based Afrobeats Star Dencia Releases New Single ‘Make A be’
    La Based Afrobeats Star Dencia Releases New Single ‘Make A be’ Business
September 2025
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
2930  
« Aug    
last celebrity gossip
Gossip Stone - celebrity life and gossip

Recent Posts

  • EMBank Reports Steady Financial Growth in First Half of 2025September 22, 2025
  • Global 5G Chipset Market Size Worth USD 300.88 Billion by 2032September 22, 2025
  • BusinessCardDesigners.com Launches Custom Business Card StudioSeptember 21, 2025
  • BioVeritas to Speak at Argus North American Biofuels, LCFS & Carbon Markets SummitSeptember 21, 2025
  • Fibank is the Best Bank for Customer Experience in Bulgaria according to EuromoneySeptember 20, 2025
Brand Values Content
VUGA Enterprises - media network PR & Marketing
  • The 3rd U.S.-ROK Working Group Meeting on the DPRK Cyber Threat
    The 3rd U.S.-ROK Working Group Meeting on the DPRK Cyber Threat World News
  • A Courageous Memoir of Illness, Advocacy, and the Power of Human Connection
    A Courageous Memoir of Illness, Advocacy, and the Power of Human Connection World News
  • PAKS Gallery shows art by Tanja Playner, Rebeccah Klodt, Nada Kelemenova at the art fair in Paris
    PAKS Gallery shows art by Tanja Playner, Rebeccah Klodt, Nada Kelemenova at the art fair in Paris Business
  • Corporate Gifting Platform Loop & Tie Simplifies Sales Process by Empowering Choice With Its New Self-Service Feature
    Corporate Gifting Platform Loop & Tie Simplifies Sales Process by Empowering Choice With Its New Self-Service Feature Business
  • Deputy Secretary Sherman’s Call with Japanese Vice Minister Mori
    Deputy Secretary Sherman’s Call with Japanese Vice Minister Mori World News
  • Koios Announces Late Filing of Annual Financial Statements and Management Cease Trade Order
    Koios Announces Late Filing of Annual Financial Statements and Management Cease Trade Order Business
  • iData Research Takes the U.S. Neurological Device Market Report to New Heights with the Upcoming 2022 Publication
    iData Research Takes the U.S. Neurological Device Market Report to New Heights with the Upcoming 2022 Publication World News
  • STS Impact Windows, Doors & Roofing Expands Hurricane Protection Services Throughout Boca Raton and South Florida Region
    STS Impact Windows, Doors & Roofing Expands Hurricane Protection Services Throughout Boca Raton and South Florida Region Business
aerospace company
stem cell clinic in kiev
medical spa in miami
Fashion TV free

Copyright © 2023 195 News. All Rights Reserved by Coolaser | Partner of VUGA Enterprises |  Advertising: Get Published

Powered by .