United States Urban Air Mobility (UAM) Market was valued at USD 0.7 Billion in 2022 and is projected to reach USD 7 Billion by 2030, growing at a CAGR of 38% from 2024 to 2030.
The US Urban Air Mobility (UAM) Market is on the verge of a revolution. With rapid advancements in aviation technology, the rise of electric vertical take-off and landing (eVTOL) aircraft, and a growing need for efficient transportation systems in crowded urban areas, UAM has become a hot topic for both industries and consumers alike. This market is expected to grow significantly in the coming years, with industry leaders eager to tap into its vast potential. But what exactly does this market demand, and what are the key industry requirements driving its growth?
The US Urban Air Mobility (UAM) Market is primarily driven by the need for faster, more efficient, and sustainable transportation solutions. With traffic congestion in metropolitan areas worsening by the day, UAM offers a viable alternative for both passenger and cargo transport. The goal is to create a seamless and fully integrated urban transportation network that incorporates air taxis, autonomous drones, and air freight services, reducing the strain on ground-based infrastructure and increasing overall mobility.
One of the primary requirements for the UAM market is the development of safe, reliable, and scalable aircraft. As these aircraft will operate in densely populated areas, stringent safety regulations are essential. Manufacturers are focusing on designing electric aircraft that are quiet, efficient, and capable of flying in various weather conditions. Additionally, these vehicles must be integrated into existing air traffic control systems, ensuring smooth coordination with traditional aircraft operations.
Industries such as logistics, healthcare, and tourism have shown increasing interest in UAM. For logistics, drones and eVTOL aircraft can transport goods quickly over short distances, alleviating congestion and reducing delivery times. Healthcare companies see the potential for rapid medical transportation, from delivering supplies to airlifting patients in emergencies. The tourism sector anticipates the rise of air taxis, offering a premium experience for those seeking unique city tours from the sky.
Furthermore, urban infrastructure must evolve to accommodate UAM. This includes the development of vertiports, where aircraft can take off, land, and recharge. Cities must also invest in urban planning to ensure that these new transportation methods can coexist with traditional systems, without disrupting existing daily operations.
The US Urban Air Mobility (UAM) Market is poised to transform the way cities function, offering faster, cleaner, and more efficient travel options. As industries across the board look to harness the potential of UAM, the demand for innovation, safety, and infrastructure development continues to grow.
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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 US 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
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US 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. US Urban Air Mobility (UAM) Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Urban Air Mobility (UAM) Market, By Type
6. US Urban Air Mobility (UAM) Market, By Application
7. US Urban Air Mobility (UAM) Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Urban Air Mobility (UAM) Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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