The Global Urban Air Mobility Market size was valued at around USD 4.54 Billion in 2024 and is projected to reach USD 15.49 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 22.70% during the forecast period, i.e., 2025-30. According to MarkNtel Advisors Study.

Global Urban Air Mobility Market Driver:

Surge in Vehicle Fleet Size Resulting in Massive Road Congestion – A sudden surge in population growth and the expanding number of vehicles significantly strain existing infrastructure, resulting in frequent traffic congestion. Citing challenges posed by road congestion, flying taxis, and autonomous aerial vehicles are being explored as they utilize the airspace to provide faster and more efficient travel options within cities. As a result, these innovative transportation modes, as a means to improve the overall efficiency of urban transportation networks, are gaining prominence worldwide, particularly across densely populated areas. Thus, the market outlook for urban air mobility seems promising during the forecast period.

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Key Market Reports Highlights

·        Market Dimensions & Projections

·        Pricing Evaluation

·        Recent Strategic Moves by Companies

·        Primary Stakeholders

·        Import/Export Trend Analysis

·        Competitive Landscape Assessment

·        Emerging Opportunities

·        Market Trends and Indicators

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Global Urban Air Mobility Market Segmentation:

The market report categorizes the market based on different segments and geographical analysis.

Study Timeline:

-Base Year: 2024

-Historical Period: 2020 to 2023

-Forecast Period: 2025 to 2030

• By Operation
  • Piloted
  • Autonomous
• By Range
  • Intracity (20 Km – 100 Km)
  • Intercity (101 Km – 400 Km)
• By Component
  • Platform
    • Air Taxi
    • Passenger Arial Vehicle
    • Cargo Arial Vehicle
    • Air Ambulance
    • Last Mile Delivery
    • Air Shuttles
    • Others
  • Infrastructure
    • Charging Stations
    • Traffic Management
    • Vertiports
    • Maintenance Facilities
• By End User
  • Civilian
  • Last Mile Delivery
  • Military
    • Demining
    • Reconnaissance
    • Target Practice
  • Arial Imaging Systems
  • Unmanned Biologic Transport
  • Medical Air Rescue
  • Transport & Logistics
  • Road Traffic Patrol
  • Railway & Power Line Surveillance
  • Others
• By Region
  • North America
  • South America
  • Europe
  • Middle East & Africa
  • Asia-Pacific  

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including - Aurora Flight Sciences, Siemens, Embraer, Volocopter, A3 by Airbus, Workhorse Group, Pipistrel, Bell Textron, Neva Aerospace, Kitty Hawk, and others are looking forward to strengthening their market positions.

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Global Urban Air Mobility Industry Recent Development:

2024: Airbus and Avincis signed a MoU to collaborate on advanced Air Mobility, emphasizing on electric vertical take-off and landing aircraft. The collaboration aims to explore mission profiles for e-VTOL operations in Europe and other regions, leveraging Avincis’ established operational network for missions like emergency medical services, search and rescue, and firefighting.

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