ADVANCED AERIAL MOBILITY MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

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