Global Urban Air Mobility (UAM) Market Size study, by Vehicle Type (Piloted, Autonomous) by Application (Passenger Transport, Freighter) and Regional Forecasts 2022-2032

Description

List of Tables

Global Urban Air Mobility (UAM) Market is valued approximately at USD 2950.2 million in 2023 and is anticipated to grow with a healthy growth rate of more than 21.53% over the forecast period 2024-2032. Urban air mobility (UAM) is a new transportation concept that takes advantage of the sky to alleviate traffic congestion in cities. It utilizes small, electric, and highly automated aircraft for carrying passengers or cargo within urban and suburban areas. These flying vehicles, often referred to as eVTOLs (electric Vertical Take-Off and Landing), can take off and land vertically, eliminating the need for long runways. This makes them ideal for operating in densely populated areas. UAM is still in the development stage, but it holds promise for revolutionizing urban transportation by offering faster commutes and new possibilities for connecting cities and regions. The rapid rise in advancements in Electric Vertical Takeoff and Landing (eVTOL) Technology is a key trend that is supporting to the growth of the Global Urban Air Mobility (UAM) Market. Rapid progress in eVTOL aircraft design and development, including improvements in battery technology, propulsion systems, and aerodynamics, enabling more efficient and sustainable urban air transportation solutions.

In addition, the expansion of the Urban Air Mobility (UAM) Market is predominantly fueled by the surging consumer demand for convenient and seamless mobility options and increasing public-private partnerships for accelerating the development of UAM services. For instance, in June 2023, Eve Air Mobility (Eve) and Blade Air Mobility, Inc. has signed a long-standing partnership through a memorandum of understanding. This collaboration primarily targets to transform air transportation in Europe, starting with France, by placing the foundation to incorporate Eve's state-of-the-art eVTOL or electric vertical aircraft (EVA) into Blade's European route network. Thus, there has been a considerable transformative shift towards UAM is witnessed as a viable and integrated part of future urban transportation systems, which drives the market growth. Furthermore, increasing urbanization and congestion in cities are driving the demand for alternative transportation modes, spurring interest in UAM for efficient and time-saving urban travel. However, high upfront costs associated with developing and deploying UAM infrastructure and complex regulatory frameworks and airspace management challenges, is expected to stifle market growth during the forecast period 2024-2032.

The key regions considered for the global Urban Air Mobility (UAM) Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2023, Europe was the dominating regional market in terms of revenue. Europe's focus on environmental sustainability and carbon neutrality goals encourages the adoption of electric and hybrid-electric UAM vehicles, noise reduction technologies, and eco-friendly operational practices, aligning with green aviation initiatives. These factors are projected to propel the growth of Urban Air Mobility (UAM) market across this region. In addition, growing demand for on-demand and multimodal transportation options, especially for short-distance urban travel, last-mile delivery, emergency medical services, and urban logistics, fuels the demand for Urban Air Mobility Market. Whereas, the market in Asia Pacific is expected to grow at the fastest rate over the forecast period.

Major market player included in this report are:

Airbus SE
Volocopter GmbH
Embraer SA
Honeywell International Inc.
Hyundai Motor Group
Jaunt Air Mobility Corporation
Karem Aircraft Inc.
Opener Inc.
Safran SA
Textron Inc.

The detailed segments and sub-segment of the market are explained below:

By Vehicle Type

Piloted
Autonomous

By Application

Passenger Transport
Freighter

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
RoMEA

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market

Chapter 1. Global Urban Air Mobility (UAM) Market Definition and Research Assumptions

1.1. Research Objective
1.2. Market Definition
1.3. Research Assumptions
- 1.3.1. Inclusion & Exclusion
- 1.3.2. Limitations
- 1.3.3. Supply Side Analysis
  - 1.3.3.1. Availability
  - 1.3.3.2. Infrastructure
  - 1.3.3.3. Regulatory Environment
  - 1.3.3.4. Market Competition
  - 1.3.3.5. Economic Viability (Consumer's Perspective)
- 1.3.4. Demand Side Analysis
  - 1.3.4.1. Regulatory frameworks
  - 1.3.4.2. Technological Advancements
  - 1.3.4.3. Environmental Considerations
  - 1.3.4.4. Consumer Awareness & Acceptance
1.4. Estimation Methodology
1.5. Years Considered for the Study
1.6. Currency Conversion Rates

Chapter 2. Executive Summary

2.1. Global Urban Air Mobility (UAM) Market Size & Forecast (2022- 2032)
2.2. Regional Summary
2.3. Segmental Summary
- 2.3.1. By Vehicle Type
- 2.3.2. By Application
2.4. Key Trends
2.5. Recession Impact
2.6. Analyst Recommendation & Conclusion

Chapter 3. Global Urban Air Mobility (UAM) Market Dynamics

3.1. Market Drivers
3.2. Market Challenges
3.3. Market Opportunities

Chapter 4. Global Urban Air Mobility (UAM) Market: Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economic
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Urban Air Mobility (UAM) Market Size & Forecasts by Vehicle Type 2022-2032

5.1. Piloted
5.2. Autonomous

Chapter 6. Global Urban Air Mobility (UAM) Market Size & Forecasts by Application 2022-2032

6.1. Passenger Transport
6.2. Freighter

Chapter 7. Global Urban Air Mobility (UAM) Market Size & Forecasts by Region 2022-2032

7.1. North America Urban Air Mobility (UAM) Market
- 7.1.1. U.S. Urban Air Mobility (UAM) Market
  - 7.1.1.1. Vehicle Type breakdown size & forecasts, 2022-2032
  - 7.1.1.2. Application breakdown size & forecasts, 2022-2032
- 7.1.2. Canada Urban Air Mobility (UAM) Market
7.2. Europe Urban Air Mobility (UAM) Market
- 7.2.1. U.K. Urban Air Mobility (UAM) Market
- 7.2.2. Germany Urban Air Mobility (UAM) Market
- 7.2.3. France Urban Air Mobility (UAM) Market
- 7.2.4. Spain Urban Air Mobility (UAM) Market
- 7.2.5. Italy Urban Air Mobility (UAM) Market
- 7.2.6. Rest of Europe Urban Air Mobility (UAM) Market
7.3. Asia-Pacific Urban Air Mobility (UAM) Market
- 7.3.1. China Urban Air Mobility (UAM) Market
- 7.3.2. India Urban Air Mobility (UAM) Market
- 7.3.3. Japan Urban Air Mobility (UAM) Market
- 7.3.4. Australia Urban Air Mobility (UAM) Market
- 7.3.5. South Korea Urban Air Mobility (UAM) Market
- 7.3.6. Rest of Asia Pacific Urban Air Mobility (UAM) Market
7.4. Latin America Urban Air Mobility (UAM) Market
- 7.4.1. Brazil Urban Air Mobility (UAM) Market
- 7.4.2. Mexico Urban Air Mobility (UAM) Market
- 7.4.3. Rest of Latin America Urban Air Mobility (UAM) Market
7.5. Middle East & Africa Urban Air Mobility (UAM) Market
- 7.5.1. Saudi Arabia Urban Air Mobility (UAM) Market
- 7.5.2. South Africa Urban Air Mobility (UAM) Market
- 7.5.3. Rest of Middle East & Africa Urban Air Mobility (UAM) Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. Airbus SE
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Market Strategies
- 8.3.2. Volocopter GmbH
- 8.3.3. Embraer SA
- 8.3.4. Honeywell International Inc.
- 8.3.5. Hyundai Motor Group
- 8.3.6. Jaunt Air Mobility Corporation
- 8.3.7. Karem Aircraft Inc.
- 8.3.8. Opener Inc.
- 8.3.9. Safran SA
- 8.3.10. Textron Inc.

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes

LIST OF TABLES

TABLE 1. Global Urban Air Mobility (UAM) Market, report scope
TABLE 2. Global Urban Air Mobility (UAM) Market estimates & forecasts by Region 2022-2032 (USD Million)
TABLE 3. Global Urban Air Mobility (UAM) Market estimates & forecasts by Vehicle Type 2022-2032 (USD Million)
TABLE 4. Global Urban Air Mobility (UAM) Market estimates & forecasts by Application 2022-2032 (USD Million)
TABLE 5. Global Urban Air Mobility (UAM) Market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 6. Global Urban Air Mobility (UAM) Market by region, estimates & forecasts, 2022-2032 (USD Million)
TABLE 7. Global Urban Air Mobility (UAM) Market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 8. Global Urban Air Mobility (UAM) Market by region, estimates & forecasts, 2022-2032 (USD Million)
TABLE 9. Global Urban Air Mobility (UAM) Market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 10. Global Urban Air Mobility (UAM) Market by region, estimates & forecasts, 2022-2032 (USD Million)
TABLE 11. Global Urban Air Mobility (UAM) Market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 12. Global Urban Air Mobility (UAM) Market by region, estimates & forecasts, 2022-2032 (USD Million)
TABLE 13. Global Urban Air Mobility (UAM) Market by segment, estimates & forecasts, 2022-2032 (USD Million)
TABLE 14. Global Urban Air Mobility (UAM) Market by region, estimates & forecasts, 2022-2032 (USD Million)
TABLE 15. U.S. Urban Air Mobility (UAM) Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 16. U.S. Urban Air Mobility (UAM) Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 17. U.S. Urban Air Mobility (UAM) Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 18. Canada Urban Air Mobility (UAM) Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 19. Canada Urban Air Mobility (UAM) Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 20. Canada Urban Air Mobility (UAM) Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 21. UK Urban Air Mobility (UAM) Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 22. UK Urban Air Mobility (UAM) Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 23. UK Urban Air Mobility (UAM) Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 24. Germany Urban Air Mobility (UAM) Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 25. Germany Urban Air Mobility (UAM) Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 26. Germany Urban Air Mobility (UAM) Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 27. France Urban Air Mobility (UAM) Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 28. France Urban Air Mobility (UAM) Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 29. France Urban Air Mobility (UAM) Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 30. Italy Urban Air Mobility (UAM) Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 31. Italy Urban Air Mobility (UAM) Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 32. Italy Urban Air Mobility (UAM) Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 33. Spain Urban Air Mobility (UAM) Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 34. Spain Urban Air Mobility (UAM) Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 35. Spain Urban Air Mobility (UAM) Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 36. RoE Urban Air Mobility (UAM) Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 37. RoE Urban Air Mobility (UAM) Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 38. RoE Urban Air Mobility (UAM) Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 39. China Urban Air Mobility (UAM) Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 40. China Urban Air Mobility (UAM) Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 41. China Urban Air Mobility (UAM) Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 42. India Urban Air Mobility (UAM) Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 43. India Urban Air Mobility (UAM) Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 44. India Urban Air Mobility (UAM) Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 45. Japan Urban Air Mobility (UAM) Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 46. Japan Urban Air Mobility (UAM) Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 47. Japan Urban Air Mobility (UAM) Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 48. Australia Urban Air Mobility (UAM) Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 49. Australia Urban Air Mobility (UAM) Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 50. Australia Urban Air Mobility (UAM) Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 51. South Korea Urban Air Mobility (UAM) Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 52. South Korea Urban Air Mobility (UAM) Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 53. South Korea Urban Air Mobility (UAM) Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 54.
TABLE 55. RoAPAC Urban Air Mobility (UAM) Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 56. RoAPAC Urban Air Mobility (UAM) Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 57. RoAPAC Urban Air Mobility (UAM) Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 58. Brazil Urban Air Mobility (UAM) Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 59. Brazil Urban Air Mobility (UAM) Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 60. Brazil Urban Air Mobility (UAM) Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 61. Mexico Urban Air Mobility (UAM) Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 62. Mexico Urban Air Mobility (UAM) Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 63. Mexico Urban Air Mobility (UAM) Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 64. RoLA Urban Air Mobility (UAM) Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 65. RoLA Urban Air Mobility (UAM) Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 66. RoLA Urban Air Mobility (UAM) Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 67. Saudi Arabia Urban Air Mobility (UAM) Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 68. Saudi Arabia Urban Air Mobility (UAM) Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 69. Saudi Arabia Urban Air Mobility (UAM) Market estimates & forecasts, 2022-2032 (USD Million)
TABLE 70. South Africa Urban Air Mobility (UAM) Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 71.
TABLE 72. South Africa Urban Air Mobility (UAM) Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 73. South Africa Urban Air Mobility (UAM) Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 74. RoMEA Urban Air Mobility (UAM) Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 75. RoMEA Urban Air Mobility (UAM) Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 76. RoMEA Urban Air Mobility (UAM) Market estimates & forecasts by segment 2022-2032 (USD Million)
TABLE 77. List of secondary sources, used in the study of Global Urban Air Mobility (UAM) Market.
TABLE 78. List of primary sources, used in the study of Global Urban Air Mobility (UAM) Market.
TABLE 79. Years considered for the study.
TABLE 80. Exchange rates considered

LIST OF FIGURES

FIG 1. Global Urban Air Mobility (UAM) Market, research methodology
FIG 2. Global Urban Air Mobility (UAM) Market, market estimation techniques
FIG 3. Global market size estimates & forecast methods.
FIG 4. Global Urban Air Mobility (UAM) Market, key trends 2023
FIG 5. Global Urban Air Mobility (UAM) Market, growth prospects 2022-2032
FIG 6. Global Urban Air Mobility (UAM) Market, porters 5 force model
FIG 7. Global Urban Air Mobility (UAM) Market, pestel analysis
FIG 8. Global Urban Air Mobility (UAM) Market, value chain analysis
FIG 9. Global Urban Air Mobility (UAM) Market by segment, 2022 & 2032 (USD Million)
FIG 10. Global Urban Air Mobility (UAM) Market by segment, 2022 & 2032 (USD Million)
FIG 11. Global Urban Air Mobility (UAM) Market by segment, 2022 & 2032 (USD Million)
FIG 12. Global Urban Air Mobility (UAM) Market by segment, 2022 & 2032 (USD Million)
FIG 13. Global Urban Air Mobility (UAM) Market by segment, 2022 & 2032 (USD Million)
FIG 14. Global Urban Air Mobility (UAM) Market, regional snapshot 2022 & 2032
FIG 15. North America Urban Air Mobility (UAM) Market 2022 & 2032 (USD Million)
FIG 16. Europe Urban Air Mobility (UAM) Market 2022 & 2032 (USD Million)
FIG 17. Asia pacific Urban Air Mobility (UAM) Market 2022 & 2032 (USD Million)
FIG 18. Latin America Urban Air Mobility (UAM) Market 2022 & 2032 (USD Million)
FIG 19. Middle East & Africa Urban Air Mobility (UAM) Market 2022 & 2032 (USD Million)
FIG 20. Global Urban Air Mobility (UAM) Market, company market share analysis (2023)