Urban Air Mobility Market

According to a research report "Urban Air Mobility Market, by Vehicle Type (Air Metro, Air Ambulance, Air Taxi, Last Mile Delivery and Others), Range (Intercity and Intracity), Operation (Autonomous, Piloted and Hybrid), End-User (Scheduled Operators, E-Commerce Companies, Ridesharing Companies, Hospitals and Medical Agencies), & Region - Global Forecast To 2032.

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• 145 - Market Data Tables 
• 51 - List of Figures
• 177 - Pages

Market Overview: Urban air mobility is also known as advanced air mobility it is a newly developed concept that envisages an accessible, economical, safe and sustainable air transport system for cargo transport for emergency management and the movement of people around cities. UAM is part of an on-demand mobility ecosystem that enables consumers to access mobility and goods by ordering or using urban air services, courier services, ride-sharing, shared public transportation and other new transportation technologies. This can also ease the pain of many structures that are under constant stress such as those in cities with rapidly growing populations cities such as singapore, dubai, dallas and los angeles have been experimenting with urban air mobility projects for some time. This includes the use of electric air and landing vehicles which are designed to operate in urban areas and take off and land vertically from low and high landing pads for inside or helipads. Urban air travel promises to revolutionize urban transport by providing a faster, more efficient and more environmentally friendly alternative to ground transport.

Market Dynamics

Drivers:

• Fast and efficient transport is required
• Increase in urbanization of all region
• Increase in population growth

Opportunities:

• The need for sustainable development
• Promote personal transportation
• Change in cargo delivery service

The market for Urban Air Mobility is dominated by North America.

North America is expected to register the highest regional growth during the forecast period by owing to technological advancements and investments in the UAM industry. The main countries considered in this area are the U.S. and Canada the main factor driving North America to drive the UAM market is the high demand for new types of vehicles in the region by increasing demand for commercial aircraft and increasing utility in the private sector to perform transportation and logistics functions are additional factors impacting the growth of the North American UAM market.

Europe is the fastest growing market with the highest CAGR during 2023-2032. This is due to large investments by Germany and France in acquiring eVTOL technology for commercial use another reason for the strong development of the market in this region is the strength of the manufacturing activities of the European UAM companies by the world and the growing automation techniques.

Key Players covered in the report:

• Ehang
• Lilium Gmbh
• Airbus
• Wisk Aero
• Bell Textron
• Volocopter GmbH
• Workhorse Group
• Joby Aviation
• Kitty Hawk
• Archer Aviation

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Segmentations Analysis of urban air mobility market: -

• By Vehicle Type
• By Range
• By Operation
• By End-User
• By Region

Recent Development: January 2023, Geely aerofugia a subsidiary of Chinese manufacturer Geely has announced that it has completed test flights for its prototype aircraft the AE200. This brings us closer to our goal of bringing Electric Vehicles and Landing Vehicles (eVTOLs) to market.

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