Global Urban Air Mobility (UAM) Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Solution into Platform, Charging, and Vertiport.

By Vehicle Type;

Piloted and Autonomous.

By Application;

Passenger Transport and Freighter.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn502332930 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Urban Air Mobility (UAM) Market (USD Million), 2021 - 2031

In the year 2024, the Global Urban Air Mobility (UAM) Market was valued at USD 9,377.42 million. The size of this market is expected to increase to USD 17,120.28 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 9.0%.

The Global Urban Air Mobility (UAM) Market represents a revolutionary paradigm in transportation, promising to transform urban mobility by leveraging advanced aerial technologies. This emerging sector envisions a future where vertical takeoff and landing (VTOL) aircraft, drones, and other aerial vehicles seamlessly integrate into urban landscapes, offering efficient, safe, and sustainable transportation solutions. UAM holds the potential to alleviate congestion, reduce commute times, and enhance connectivity within densely populated areas, unlocking new possibilities for urban living and economic growth.

Driven by rapid urbanization, population growth, and advancements in aviation, the UAM market is witnessing a surge in interest and investment from industry players, governments, and technology innovators. From air taxis and delivery drones to autonomous flying vehicles, a diverse range of aerial platforms is being developed to address the evolving needs of urban transportation. This burgeoning ecosystem encompasses a wide array of stakeholders, including aerospace manufacturers, technology firms, infrastructure developers, regulatory bodies, and urban planners, collaborating to realize the vision of a future where the skies are as accessible as the streets.

However, the realization of UAM's transformative potential is not without challenges. Regulatory hurdles, infrastructure requirements, public acceptance, safety concerns, and airspace management complexities pose significant obstacles to widespread adoption. Addressing these challenges requires a multifaceted approach, involving policy frameworks, technological innovation, stakeholder engagement, and public education initiatives. As the UAM market continues to evolve, it is poised to revolutionize how people and goods move within and between urban centers, reshaping the urban transportation landscape for generations to come.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Solution
    2. Market Snapshot, By Vehicle Type
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Urban Air Mobility (UAM) Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological Advancements
        2. Increased Urbanization
        3. Traffic Congestion Solutions
        4. Environmental Concerns
        5. Regulatory Support
      2. Restraints
        1. High Initial Costs
        2. Regulatory Challenges
        3. Airspace Management
        4. Safety Concerns
        5. Public Acceptance
      3. Opportunities
        1. Autonomous Flight Technology
        2. Advanced Air Traffic Management
        3. Infrastructure Innovations
        4. Market Expansion
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Urban Air Mobility (UAM) Market, By Solution, 2021 - 2031 (USD Million)
      1. Platform
      2. Charging
      3. Vertiport
    2. Global Urban Air Mobility (UAM) Market, By Vehicle Type, 2021 - 2031 (USD Million)
      1. Autonomous
      2. Piloted
    3. Global Urban Air Mobility (UAM) Market, By Application, 2021 - 2031 (USD Million)
      1. Freighter
      2. Passenger Transport
    4. Global Urban Air Mobility (UAM) Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Uber Technologies Inc
      2. Airbus SE
      3. The Boeing Company
      4. Textron Inc
      5. Safran SA
      6. Bombardier Inc
      7. Embraer SA
      8. Hyundai Motor Co
      9. Jaunt Air Mobility LLC
  7. Analyst Views
  8. Future Outlook of the Market