Europe Urban Air Mobility (UAM) Market was valued at USD 0.9 Billion in 2022 and is projected to reach USD 9 Billion by 2030, growing at a CAGR of 38% from 2024 to 2030.
The Europe Urban Air Mobility (UAM) market is witnessing significant growth, as industries and cities look to revolutionize transportation with air-based solutions. The UAM concept envisions a future where advanced aerial vehicles, such as drones and electric air taxis, seamlessly integrate into urban infrastructure, helping solve critical challenges like traffic congestion, pollution, and transportation inefficiencies.
The demand for UAM solutions in Europe is driven by various sectors including logistics, healthcare, and passenger transport. For logistics, companies are increasingly adopting drones for last-mile delivery, while in healthcare, air mobility is expected to expedite emergency medical services and the transportation of critical medical supplies. Moreover, the urban population's need for faster, more sustainable transport options is pushing the passenger air mobility market forward.
Key requirements from industries for the successful implementation of UAM technologies are multifaceted. Firstly, regulatory approval is paramount. Authorities across Europe are working on airspace management and safety regulations that ensure UAM vehicles can operate without risk to existing air traffic. Secondly, the infrastructure to support UAM services is vital. This includes creating vertiports, charging stations, and maintenance facilities, all of which are crucial for the operational efficiency of urban air mobility systems.
Furthermore, industries are keen on ensuring UAM solutions are environmentally friendly. Sustainable electric propulsion systems are highly sought after, as they reduce emissions and operational costs compared to traditional aircraft. In terms of technology, UAM vehicles must have reliable autonomous systems, as human pilots may not always be feasible or safe in densely populated urban environments.
Another critical requirement is public acceptance and trust. For UAM to become a mainstream mode of transport, the public must feel confident in its safety, noise levels, and overall benefits. As a result, companies are focusing on enhancing vehicle designs to reduce noise pollution and increase comfort, making UAM a more attractive option for daily commutes.
As the Urban Air Mobility (UAM) market expands in Europe, industries continue to focus on overcoming these challenges, ensuring that UAM systems are safe, sustainable, and integrated into the urban landscape efficiently. With continuous investment and innovation, UAM has the potential to transform urban transport as we know it.
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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.
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Growing demand for below applications around the world has had a direct impact on the growth of the Europe 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
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
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1. Introduction of the Europe 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. Europe Urban Air Mobility (UAM) Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Europe Urban Air Mobility (UAM) Market, By Type
6. Europe Urban Air Mobility (UAM) Market, By Application
7. Europe Urban Air Mobility (UAM) Market, By Geography
Europe
Germany
UK
France
8. Europe Urban Air Mobility (UAM) Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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