Global Urban Air Mobility

Global Urban Air Mobility Market Research Report: Forecast (2021-2026)

By Operation (Piloted, Autonomous), By Component (Platform (Air Taxi Passenger Arial Vehicle Cargo Arial Vehicle Air Ambulance Last Mile Delivery Air Shuttles Others), Infrastructure (Charging Station Read more

  • Automotive
  • Mar 2022
  • 187
  • AT55001

Market Overview

The aviation industry is constantly working on developing new systems and demonstrating new definitions for comfort, efficiency, & cost-effectiveness. It is where the urban air mobility systems come into the picture. These systems are a convenient solution to address road congestion and transport people & cargo from one place to another quickly, safely, and comfortably. As a result, several prominent aircraft manufacturers worldwide are rigorously conducting research & development activities to procure such systems and strengthen the aviation & transportation industry.

Market Insights

The Global Urban Air Mobility Market is projected to grow at a CAGR of around 12% during the forecast period, i.e., 2021-26. The growth of the market is driven primarily by the exponentially rising population and an increasing vehicle fleet leading to massive road congestions, i.e., augmenting the need for alternative transportation like urban air mobility solutions. 

Report Coverage Details
Study Period Historical Data: 2016-19
Base Year: 2020
Forecast Period: 2021-26
CAGR (2021-2026) 12%
Regions Covered North America: USA, Canada
Europe: Germany, France, Italy, UK, Russia
Asia-Pacific: China, India, Japan, South Korea, Australia
South America: Brazil
Middle East & Africa: Saudi Arabia, Israel, Turkey
Key Companies Profiled Aurora Flight Sciences, Siemens, Embraer, Volocopter, A3 by Airbus, Workhorse Group, Pipistrel, Bell Textron, Neva Aerospace, Kitty Hawk
Unit Denominations USD Million/Billion

In this regard, governments of different countries worldwide are investing substantially in the market and generating growth opportunities for the leading players to research & develop technologically advanced urban air mobility networks. Besides, with numerous emerging start-ups & aerospace companies indulged in expanding the air mobility space, the market is witnessing an increasing number of new prototypes to address traffic issues. 

Moreover, improving economic conditions, changing living standards, and growing inclination toward air travel are other prominent aspects instigating the leading players to develop & increase air fleet or efficient air travel across locations. Furthermore, the alarming concerns over the fluctuating & degrading environmental conditions are also playing a crucial role in propelling the development of eco-friendly solutions like Electric Vertical Take-Off & Landing (eVTOL) aircraft to utilize electricity to fly. For instance:

  • In June 2021, American Airlines reported investing in the development of Vertical Aerospace in line with its commitment to environmental sustainability

Impact of Covid-19 on the Global Urban Air Mobility Market

The advent of Covid-19 in 2020 had a decelerating impact on most industries worldwide, and the Urban Air Mobility Market was no exception. With the imposition of stringent movement restrictions & frequent lockdowns by governments to curb the spread of this dreadful disease, the leading players in the market witnessed several unprecedented challenges associated with the development of urban air mobility systems.

Since public gatherings were banned and companies adopted work-from-home policies, R&D activities were put on a temporary hold, which, in turn, presented a significant financial loss to the market players. Besides, since the entire aviation industry was under a catastrophe owing to travel bans and border closures, no new activities associated with aircraft could take place.

  1. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
    4. Market Segmentation
  2. Executive Summary
  3. Expert Verbatim- What our Experts Say?
  4. Impact of COVID-19 on Global Urban Air Mobility Market
  5. Global Urban Air Mobility Market Outlook, 2016- 2026F
    1. Market Size and Analysis
      1. By Revenues
    2. Market Share and Analysis
      1. By Operation
        1. Piloted
        2. Autonomous
      2. By Range
        1. Intracity (20 Km – 100 Km)
        2. Intercity (101 Km – 400 Km)
      3. By Component
        1. Platform
          1. Air Taxi
          2. Passenger Arial Vehicle
          3. Cargo Arial Vehicle
          4. Air Ambulance
          5. Last Mile Delivery
          6. Air Shuttles
          7. Others
        2. Infrastructure
          1. Charging Stations
          2. Traffic Management
          3. Vertiports
          4. Maintenance Facilities
      4. By End User
        1. Civilian
        2. Last Mile Delivery
        3. Military
          1. Demining
          2. Reconnaissance
          3. Target Practice
        4. Arial Imaging Systems
        5. Unmanned Biologic Transport
        6. Medical Air Rescue
        7. Transport & Logistics
        8. Road Traffic Patrol
        9. Railway & Power Line Surveillance
        10. Others
      5. By Region
        1. North America
        2. South America
        3. Europe
        4. Middle East & Africa
        5. Asia-Pacific
      6. By Company
        1. Revenue Shares
        2. Strategic Factorial Indexing
        3. Competitor Placement in Markntel Quadrant
  6. North America Urban Air Mobility Market Outlook, 2016- 2026F
    1. Market Size and Analysis
      1. By Revenues
    2. Market Share and Analysis
      1. By Operation
      2. By Range
      3. By Component
      4. By End User
      5. By Country
        1. US
        2. Canada
        3. Others
    3. The US Urban Air Mobility Market Outlook, 2016- 2026F
      1. Market Size and Analysis
        1. By Revenues
      2. Market Share and Analysis
        1. By Operation
        2. By Range
        3. By Component
        4. By End User
    4. Canada Urban Air Mobility Market Outlook, 2016- 2026F
      1. Market Size and Analysis
        1. By Revenues
      2. Market Share and Analysis
        1. By Operation
        2. By Range
        3. By Component
        4. By End User
  7. South America Urban Air Mobility Market Outlook, 2016- 2026F
    1. Market Size and Analysis
      1. By Revenues
    2. Market Share and Analysis
      1. By Operation
      2. By Range
      3. By Component
      4. By End User
      5. By Country
        1. Brazil
        2. Others
  8. Brazil Urban Air Mobility Market Outlook, 2016- 2026F
    1. Market Size and Analysis
      1. By Revenues
    2. Market Share and Analysis            
      1. By Operation
      2. By Range
      3. By Component
      4. By End User
  9. Europe Urban Air Mobility Market Outlook, 2016- 2026F
    1. Market Size and Analysis
      1. By Revenues
    2. Market Share and Analysis
      1. By Operation
      2. By Range
      3. By Component
      4. By End User
      5. By Country
        1. Germany
        2. Switzerland
        3. France
        4. Belgium
        5. Finland
        6. Poland
        7. Netherlands
        8. Others
    3. Germany Urban Air Mobility Market Outlook, 2016- 2026F
      1. Market Size and Analysis
        1. By Revenues
      2. Market Share and Analysis
        1. By Operation
        2. By Range
        3. By Component
        4. By End User
    4. Switzerland Urban Air Mobility Market Outlook, 2016- 2026F
      1. Market Size and Analysis
        1. By Revenues
      2. Market Share and Analysis
        1. By Operation
        2. By Range
        3. By Component
        4. By End User
    5. France Urban Air Mobility Market Outlook, 2016- 2026F
      1. Market Size and Analysis
        1. By Revenues
      2. Market Share and Analysis
        1. By Operation
        2. By Range
        3. By Component
        4. By End User
    6. Belgium Urban Air Mobility Market Outlook, 2016- 2026F
      1. Market Size and Analysis
        1. By Revenues
      2. Market Share and Analysis
        1. By Operation
        2. By Range
        3. By Component
        4. By End User
    7. Finland Urban Air Mobility Market Outlook, 2016- 2026F
      1. Market Size and Analysis
        1. By Revenues
      2. Market Share and Analysis
        1. By Operation
        2. By Range
        3. By Component
        4. By End User
    8. Poland Urban Air Mobility Market Outlook, 2016- 2026F
      1. Market Size and Analysis
        1. By Revenues
      2. Market Share and Analysis
        1. By Operation
        2. By Range
        3. By Component
        4. By End User
    9. The Netherlands Urban Air Mobility Market Outlook, 2016- 2026F
      1. Market Size and Analysis
        1. By Revenues
      2. Market Share and Analysis
        1. By Operation
        2. By Range
        3. By Component
        4. By End User
  10. Middle East & Africa Urban Air Mobility Market Outlook, 2016- 2026F
    1. Market Size and Analysis
      1. By Revenues
    2. Market Share and Analysis
      1. By Operation
      2. By Component
      3. By End User
      4. By Range
      5. By Country
        1. UAE
        2. Others
    3. UAE Urban Air Mobility Market Outlook, 2016- 2026F
      1. Market Size and Analysis
        1. By Revenues
      2. Market Share and Analysis
        1. By Operation
        2. By Range
        3. By Component
        4. By End User
  11. Asia-Pacific Urban Air Mobility Market Outlook, 2016- 2026F
    1. Market Size and Analysis
      1. By Revenues
    2. Market Share and Analysis
      1. By Operation
      2. By Range
      3. By Component
      4. By End User
      5. By Country
        1. India
        2. China
        3. Japan
        4. Australia
        5. New Zealand
        6. Others
  12. India Urban Air Mobility Market Outlook, 2016- 2026F
    1. Market Size and Analysis
      1. By Revenues
    2. Market Share and Analysis
      1. By Operation
      2. By Range
      3. By Component
      4. By End User
  13. China Urban Air Mobility Market Outlook, 2016- 2026F
    1. Market Size and Analysis
      1. By Revenues
    2. Market Share and Analysis
      1. By Operation
      2. By Range
      3. By Component
      4. By End User
  14. Japan Urban Air Mobility Market Outlook, 2016- 2026F
    1. Market Size and Analysis
      1. By Revenues
    2. Market Share and Analysis
      1. By Operation
      2. By Range
      3. By Component
      4. By End User
  15. Australia Urban Air Mobility Market Outlook, 2016- 2026F
    1. Market Size and Analysis
      1. By Revenues
    2. Market Share and Analysis
      1. By Operation
      2. By Range
      3. By Component
      4. By End User
  16. New Zealand Urban Air Mobility Market Outlook, 2016- 2026F
    1. Market Size and Analysis
      1. By Revenues
    2. Market Share and Analysis
      1. By Operation
      2. By Range
      3. By Component
      4. By End User
  17. Global Urban Air Mobility Market Policies, Regulations, Operation Standards
  18. Global Urban Air Mobility Market Trends & Insights
  19. Global Urban Air Mobility Market Dynamics
    1. Growth Drivers
    2. Challenges
    3. Impact Analysis
  20. Global Urban Air Mobility Market Hotspot & Opportunities
  21. Global Urban Air Mobility Market Key Strategic Imperatives for Success & Growth
  22. Competition Outlook
    1. Competition Matrix
      1. Operation Portfolio
      2. Brand Specialization
      3. Target Markets
      4. Target Operations
      5. Research & Development
      6. Strategic Alliances
      7. Strategic Initiatives
    2. Company Profiles (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
      1. Aurora Flight Sciences
      2. Siemens
      3. Embraer
      4. Volocopter
      5. A3 by Airbus
      6. Workhorse Group
      7. Pipistrel
      8. Bell Textron
      9. Neva Aerospace
      10. Kitty Hawk
  23. Disclaimer
Global Urban Air Mobility Market Segmentation
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