South Korea Urban Air Mobility (UAM) Market was valued at USD 0.3 Billion in 2022 and is projected to reach USD 3 Billion by 2030, growing at a CAGR of 38% from 2024 to 2030.
The South Korea Urban Air Mobility (UAM) market is experiencing a rapid transformation, driven by advancements in technology, government support, and the increasing demand for efficient transportation solutions. Urban Air Mobility refers to the use of air vehicles, such as drones and electric vertical takeoff and landing (eVTOL) aircraft, for transporting goods and people in urban environments. South Korea, with its dense population, advanced infrastructure, and tech-savvy population, is becoming a hotbed for UAM development.
South Korea's UAM market is expected to grow significantly over the coming years, driven by several key factors. The South Korean government has shown strong support for UAM through initiatives like the "K-UAM Grand Challenge" and various regulatory frameworks designed to ensure safe and efficient integration of air mobility solutions into the country’s transportation network. This governmental backing helps reduce barriers to entry and fosters a conducive environment for both local startups and international players in the UAM industry.
One of the primary requirements from industries seeking to capitalize on the UAM market is robust infrastructure. Urban air mobility will require the development of vertiports, specialized air traffic management systems, and ground-based support systems. These infrastructural developments are crucial to ensure the safe operation of eVTOL aircraft and drones. Additionally, industries will need to address concerns surrounding airspace management, safety protocols, and the environmental impact of UAM technologies.
The South Korean automotive and tech sectors are increasingly integrating UAM solutions into their future transportation visions. Major players such as Hyundai and KT Corporation are already investing in UAM technology, aiming to create a seamless transition from road to air transport. Moreover, the logistics industry is eager to leverage UAM for faster, more efficient delivery systems, particularly in metropolitan areas with high traffic congestion.
Despite the promising growth, there are challenges that need to be addressed, including public perception, regulatory hurdles, and the need for extensive research and development. To foster the growth of the Urban Air Mobility (UAM) market, collaboration between government bodies, the private sector, and local communities will be essential.
In conclusion, the South Korea Urban Air Mobility (UAM) market presents vast opportunities across multiple industries, but success will depend on overcoming key challenges and building the necessary infrastructure. The collaboration of technological innovation and regulatory support will determine how quickly South Korea can position itself as a global leader in UAM solutions.
Get an In-Depth Research Analysis of the South Korea Urban Air Mobility (UAM) Market Size And Forecast [2025-2032]
Kitty Hawk
Lilium
EHang
Volocopter
Airbus
Honeywell
Uber
FEV
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the South Korea Urban Air Mobility (UAM) Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Urban Air Mobility (UAM) Market
Passenger Transport
Goods Transportation
Aerial Ambulance
Surveying and Mapping
Military and Defense
Electric Vertical Takeoff and Landing (eVTOL)
Hybrid Vertical Takeoff and Landing (HVTOL)
Rotary Wing Aircraft
Fixed-Wing Aircraft
Passenger Drones
Freight Drones
Urban Air Taxis
Delivery Drones
Airborne Platforms
Ground Infrastructure
Urban Air Mobility Ecosystems
Commercial
Government
Private
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
For More Information or Query, Visit @ South Korea Urban Air Mobility (UAM) Market Research Analysis
1. Introduction of the South Korea Urban Air Mobility (UAM) Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Urban Air Mobility (UAM) Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Urban Air Mobility (UAM) Market, By Type
6. South Korea Urban Air Mobility (UAM) Market, By Application
7. South Korea Urban Air Mobility (UAM) Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Urban Air Mobility (UAM) Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Research and Consulting firm servicing over 5000+ clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/