PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1567248
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1567248
Advanced Aerial Mobility Market, By Type of Vehicle, By Technology, By Application, By Geography
Global advanced aerial mobility market is estimated to be valued at USD 10.24 Bn in 2024 and is expected to reach USD 38.45 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 20.8% from 2024 to 2031.
| Report Coverage | Report Details | ||
|---|---|---|---|
| Base Year: | 2023 | Market Size in 2024: | US$ 10.24 Bn |
| Historical Data for: | 2019 To 2023 | Forecast Period: | 2024 To 2031 |
| Forecast Period 2024 to 2031 CAGR: | 20.80% | 2031 Value Projection: | US$ 38.45 Bn |
The global advanced aerial mobility market is projected to witness substantial growth in the coming years. Advanced aerial mobility refers to autonomous and pilotless electric air vehicles that can transport passengers and cargo within and across cities. Technologies like autonomous flying taxis and delivery drones are revolutionizing how people and goods move around. Urban air mobility promises to provide a congestion-free mode of transportation that can cut travel time significantly. Growing infrastructure investments by governments and companies, rapid technological advancements, and rising interest in sustainable urban mobility solutions are fueling demand in this emerging market.
Market Dynamics:
The growth of the global advanced aerial mobility market is driven by several factors. Rapid urbanization and rising traffic congestion levels worldwide have boosted the need for innovative transportation modes. Technologies such as electric propulsion systems, advanced batteries, autonomous controls, and aerospace-grade materials are enabling the development of safe and reliable advanced air vehicles. High product development costs, regulatory uncertainties, safety concerns, and technological challenges in autonomous flight operations can restrain the market's progress. Meanwhile, supportive regulations for urban air mobility, expanding use cases for medical, and industrial applications present lucrative opportunities for players in the coming years.
Key Features of the Study:
This report provides in-depth analysis of the global advanced aerial mobility market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global advanced aerial mobility market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include A3 by Airbus, Airbus S.A.S., Archer Aviation, Aurora Flight Sciences, Bell Textron Inc., Boeing Company, EHang, Embraer S.A., Hyundai Motor Company, Joby Aviation, Lilium GmbH, Neva Aerospace, Opener, Inc., Vertical Aerospace Group Ltd., and Volocopter GmbH
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
Global advanced aerial mobility market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global advanced aerial mobility market
Detailed Segmentation-
- By Type of Vehicle Insights (Revenue, USD Bn, 2019 - 2031)
- Air Taxis
- Cargo Drones
- Emergency Medical Services (EMS) Drones
- Urban Air Mobility (UAM) Vehicles
- By Technology Insights (Revenue, USD Bn, 2019 - 2031)
- Electric Vertical Takeoff and Landing (eVTOL)
- Hybrid VTOL
- Traditional Aviation
- By Application Insights (Revenue, USD Bn, 2019 - 2031)
- Passenger Transportation
- Cargo Transportation
- Surveillance and Monitoring
- Emergency Services
- Agriculture
- Regional Insights (Revenue, USD Bn, 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
- A3 by Airbus
- Airbus S.A.S.
- Archer Aviation
- Aurora Flight Sciences
- Bell Textron Inc.
- Boeing Company
- EHang
- Embraer S.A.
- Hyundai Motor Company
- Joby Aviation
- Lilium GmbH
- Neva Aerospace
- Opener, Inc.
- Vertical Aerospace Group Ltd.
- Volocopter GmbH
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Type of Vehicle
- Market Snippet, By Technology
- Market Snippet, By Application
- Market Snippet, By Region
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Merger and Acquisitions
- New System Launches/Approvals
- Impact of COVID-19 Pandemic
4. Global Advanced Aerial Mobility Market, By Type of Vehicle, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- Segment Trends
- Air Taxis
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Cargo Drones
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Emergency Medical Services (EMS) Drones
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Urban Air Mobility (UAM) Vehicles
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
5. Global Advanced Aerial Mobility Market, By Technology, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- Segment Trends
- Electric Vertical Takeoff and Landing (eVTOL)
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Hybrid VTOL
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Traditional Aviation
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
6. Global Advanced Aerial Mobility Market, By Application, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- Segment Trends
- Passenger Transportation
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Cargo Transportation
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Surveillance and Monitoring
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Emergency Services
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
- Agriculture
- Introduction
- Market Size and Forecast, 2019-2031, (US$ Bn)
7. Global Advanced Aerial Mobility Market, By Region, 2019-2031, (US$ Bn)
- Introduction
- Market Share Analysis, By Region, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020-2031
- North America
- Regional Trends
- Market Size and Forecast, By Type of Vehicle, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Technology, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
- U.S.
- Canada
- Europe
- Regional Trends
- Market Size and Forecast, By Type of Vehicle, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Technology, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Regional Trends
- Market Size and Forecast, By Type of Vehicle, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Technology, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Regional Trends
- Market Size and Forecast, By Type of Vehicle, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Technology, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East
- Regional Trends
- Market Size and Forecast, By Type of Vehicle, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Technology, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
- Israel
- GCC Countries
- Rest of the Middle East
- Africa
- Regional Trends
- Market Size and Forecast, By Type of Vehicle, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Technology, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Application, 2019-2031, (US$ Bn)
- Market Size and Forecast, By Country, 2019-2031, (US$ Bn)
- South Africa
- North Africa
- Central Africa
8. Competitive Landscape
- Company Profiles
- A3 by Airbus
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Airbus S.A.S.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Archer Aviation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Aurora Flight Sciences
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Bell Textron Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Boeing Company
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- EHang
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Embraer S.A.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Hyundai Motor Company
- Joby Aviation
- Lilium GmbH
- Neva Aerospace
- Opener, Inc.
- Vertical Aerospace Group Ltd.
- Volocopter GmbH
- A3 by Airbus
9. Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
10. Research Methodology
- References
- Research Methodology
- About us and Sales Contact
