Product Code: ETC13236068 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Advanced Air Mobility Market was valued at USD 3.1 Billion in 2024 and is expected to reach USD 8.2 Billion by 2031, growing at a compound annual growth rate of 13.80% during the forecast period (2025-2031).
The Global Advanced Air Mobility Market is poised for significant growth, driven by the increasing demand for urban air mobility solutions, advancements in electric propulsion technology, and the push for sustainable transportation options. This emerging sector encompasses a wide range of innovative air transportation solutions, including electric vertical takeoff and landing (eVTOL) aircraft, autonomous air taxis, and unmanned aerial vehicles (UAVs). With major players investing heavily in research and development, collaborations between aerospace companies and technology firms, and regulatory bodies working to establish standards for safe integration into existing airspace, the market is expected to witness rapid expansion in the coming years. Key factors influencing market growth include the need for efficient transportation in congested urban areas, the potential for reducing carbon emissions, and the increasing emphasis on connectivity and mobility as a service.
The Global Advanced Air Mobility Market is experiencing rapid growth driven by increasing urbanization, congestion in cities, and the need for efficient transportation solutions. Key trends include the development of electric vertical take-off and landing (eVTOL) aircraft, autonomous flight technology, and the integration of advanced air mobility services into existing transportation networks. Opportunities in the market lie in the potential for reduced carbon emissions, increased connectivity in remote areas, and the creation of new business models for on-demand air transportation services. Government support for research and development, partnerships between aerospace companies and technology firms, and the expansion of infrastructure for advanced air mobility are key factors driving the market forward.
The Global Advanced Air Mobility market faces several challenges that may hinder its growth and adoption. These challenges include regulatory hurdles, infrastructure limitations, high development costs, public acceptance, and concerns regarding safety and security. Regulatory frameworks for new air transportation technologies are still evolving, creating uncertainties for industry players. The lack of proper infrastructure, such as vertiports and charging stations, poses a significant challenge for the widespread deployment of advanced air mobility services. Developing and certifying new technologies and aircraft designs require substantial investments, which can be a barrier for startups and smaller companies. Additionally, gaining public trust and acceptance for autonomous and electric air vehicles, addressing safety concerns, and ensuring cybersecurity are crucial challenges that need to be addressed to accelerate the growth of the Advanced Air Mobility market.
The Global Advanced Air Mobility Market is primarily driven by the increasing demand for urban air mobility solutions to address traffic congestion and enhance transportation efficiency. Technological advancements in electric vertical takeoff and landing (eVTOL) aircraft, along with supportive government regulations promoting sustainable aviation, are also major drivers accelerating market growth. Additionally, the rising focus on reducing carbon emissions and the overall shift towards sustainable transportation solutions are further fueling the adoption of advanced air mobility services. Integration of autonomous flight technology, investments from key industry players, and the potential for cost-effective and time-efficient aerial transportation are key factors propelling the expansion of the advanced air mobility market on a global scale.
Government policies related to the Global Advanced Air Mobility Market vary by country, but generally focus on ensuring safety, regulating operations, and promoting innovation. These policies include certification requirements for new aircraft designs, establishing operational standards for air taxi services, and setting guidelines for infrastructure development to support advanced air mobility operations. Governments are also working to address issues such as noise pollution, airspace integration, and environmental sustainability. Additionally, some countries are offering financial incentives and research grants to support the growth of the advanced air mobility industry. Overall, government policies are crucial in shaping the regulatory framework and fostering a conducive environment for the development and deployment of advanced air mobility technologies worldwide.
The Global Advanced Air Mobility market is poised for significant growth in the coming years, driven by increasing urbanization, congestion issues, and the need for sustainable transportation solutions. With advancements in electric propulsion, autonomy, and infrastructure development, the market is expected to witness a surge in demand for innovative air mobility solutions such as urban air taxis, delivery drones, and electric vertical takeoff and landing (eVTOL) vehicles. Government support for smart city initiatives and the integration of air mobility into existing transportation networks will further fuel market expansion. Companies investing in research and development, partnerships, and regulatory frameworks to enable safe and efficient operations are likely to capitalize on the growing opportunities in this evolving sector.
In the Global Advanced Air Mobility Market, Asia is projected to witness significant growth due to increasing urbanization, population density, and government initiatives promoting sustainable transportation solutions. North America leads the market with established players like Joby Aviation and Archer Aviation, supported by favorable regulations and infrastructure development. Europe follows closely with a strong focus on electric vertical takeoff and landing (eVTOL) technology, driven by companies such as Lilium and Volocopter. The Middle East and Africa region is showing interest in advanced air mobility for smart city projects and air taxi services, while Latin America is exploring partnerships with global eVTOL manufacturers to enhance regional connectivity and reduce traffic congestion. Overall, these regions are embracing advanced air mobility to address urban transportation challenges and promote eco-friendly modes of travel.
Global Advanced Air Mobility (AAM) Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Advanced Air Mobility (AAM) Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Advanced Air Mobility (AAM) Market Revenues & Volume, 2021 & 2031F |
3.3 Global Advanced Air Mobility (AAM) Market - Industry Life Cycle |
3.4 Global Advanced Air Mobility (AAM) Market - Porter's Five Forces |
3.5 Global Advanced Air Mobility (AAM) Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Advanced Air Mobility (AAM) Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 Global Advanced Air Mobility (AAM) Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Global Advanced Air Mobility (AAM) Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.9 Global Advanced Air Mobility (AAM) Market Revenues & Volume Share, By Product, 2021 & 2031F |
4 Global Advanced Air Mobility (AAM) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Advanced Air Mobility (AAM) Market Trends |
6 Global Advanced Air Mobility (AAM) Market, 2021 - 2031 |
6.1 Global Advanced Air Mobility (AAM) Market, Revenues & Volume, By Component, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Advanced Air Mobility (AAM) Market, Revenues & Volume, By Hardware, 2021 - 2031 |
6.1.3 Global Advanced Air Mobility (AAM) Market, Revenues & Volume, By Software, 2021 - 2031 |
6.2 Global Advanced Air Mobility (AAM) Market, Revenues & Volume, By Application, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Advanced Air Mobility (AAM) Market, Revenues & Volume, By Cargo Transport, 2021 - 2031 |
6.2.3 Global Advanced Air Mobility (AAM) Market, Revenues & Volume, By Passenger Transport, 2021 - 2031 |
6.2.4 Global Advanced Air Mobility (AAM) Market, Revenues & Volume, By Mapping and Surveying, 2021 - 2031 |
6.2.5 Global Advanced Air Mobility (AAM) Market, Revenues & Volume, By Special Mission, 2021 - 2031 |
6.2.6 Global Advanced Air Mobility (AAM) Market, Revenues & Volume, By Surveillance and Monitoring, 2021 - 2031 |
6.2.7 Global Advanced Air Mobility (AAM) Market, Revenues & Volume, By Others, 2021 - 2031 |
6.3 Global Advanced Air Mobility (AAM) Market, Revenues & Volume, By End User, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Advanced Air Mobility (AAM) Market, Revenues & Volume, By Commercial, 2021 - 2031 |
6.3.3 Global Advanced Air Mobility (AAM) Market, Revenues & Volume, By Government and Military, 2021 - 2031 |
6.4 Global Advanced Air Mobility (AAM) Market, Revenues & Volume, By Product, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Advanced Air Mobility (AAM) Market, Revenues & Volume, By Fixed Wing, 2021 - 2031 |
6.4.3 Global Advanced Air Mobility (AAM) Market, Revenues & Volume, By Rotary Blade, 2021 - 2031 |
6.4.4 Global Advanced Air Mobility (AAM) Market, Revenues & Volume, By Hybrid, 2021 - 2031 |
7 North America Advanced Air Mobility (AAM) Market, Overview & Analysis |
7.1 North America Advanced Air Mobility (AAM) Market Revenues & Volume, 2021 - 2031 |
7.2 North America Advanced Air Mobility (AAM) Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Advanced Air Mobility (AAM) Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Advanced Air Mobility (AAM) Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Advanced Air Mobility (AAM) Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Advanced Air Mobility (AAM) Market, Revenues & Volume, By Component, 2021 - 2031 |
7.4 North America Advanced Air Mobility (AAM) Market, Revenues & Volume, By Application, 2021 - 2031 |
7.5 North America Advanced Air Mobility (AAM) Market, Revenues & Volume, By End User, 2021 - 2031 |
7.6 North America Advanced Air Mobility (AAM) Market, Revenues & Volume, By Product, 2021 - 2031 |
8 Latin America (LATAM) Advanced Air Mobility (AAM) Market, Overview & Analysis |
8.1 Latin America (LATAM) Advanced Air Mobility (AAM) Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Advanced Air Mobility (AAM) Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Advanced Air Mobility (AAM) Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Advanced Air Mobility (AAM) Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Advanced Air Mobility (AAM) Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Advanced Air Mobility (AAM) Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Advanced Air Mobility (AAM) Market, Revenues & Volume, By Component, 2021 - 2031 |
8.4 Latin America (LATAM) Advanced Air Mobility (AAM) Market, Revenues & Volume, By Application, 2021 - 2031 |
8.5 Latin America (LATAM) Advanced Air Mobility (AAM) Market, Revenues & Volume, By End User, 2021 - 2031 |
8.6 Latin America (LATAM) Advanced Air Mobility (AAM) Market, Revenues & Volume, By Product, 2021 - 2031 |
9 Asia Advanced Air Mobility (AAM) Market, Overview & Analysis |
9.1 Asia Advanced Air Mobility (AAM) Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Advanced Air Mobility (AAM) Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Advanced Air Mobility (AAM) Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Advanced Air Mobility (AAM) Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Advanced Air Mobility (AAM) Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Advanced Air Mobility (AAM) Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Advanced Air Mobility (AAM) Market, Revenues & Volume, By Component, 2021 - 2031 |
9.4 Asia Advanced Air Mobility (AAM) Market, Revenues & Volume, By Application, 2021 - 2031 |
9.5 Asia Advanced Air Mobility (AAM) Market, Revenues & Volume, By End User, 2021 - 2031 |
9.6 Asia Advanced Air Mobility (AAM) Market, Revenues & Volume, By Product, 2021 - 2031 |
10 Africa Advanced Air Mobility (AAM) Market, Overview & Analysis |
10.1 Africa Advanced Air Mobility (AAM) Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Advanced Air Mobility (AAM) Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Advanced Air Mobility (AAM) Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Advanced Air Mobility (AAM) Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Advanced Air Mobility (AAM) Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Advanced Air Mobility (AAM) Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Advanced Air Mobility (AAM) Market, Revenues & Volume, By Component, 2021 - 2031 |
10.4 Africa Advanced Air Mobility (AAM) Market, Revenues & Volume, By Application, 2021 - 2031 |
10.5 Africa Advanced Air Mobility (AAM) Market, Revenues & Volume, By End User, 2021 - 2031 |
10.6 Africa Advanced Air Mobility (AAM) Market, Revenues & Volume, By Product, 2021 - 2031 |
11 Europe Advanced Air Mobility (AAM) Market, Overview & Analysis |
11.1 Europe Advanced Air Mobility (AAM) Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Advanced Air Mobility (AAM) Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Advanced Air Mobility (AAM) Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Advanced Air Mobility (AAM) Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Advanced Air Mobility (AAM) Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Advanced Air Mobility (AAM) Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Advanced Air Mobility (AAM) Market, Revenues & Volume, By Component, 2021 - 2031 |
11.4 Europe Advanced Air Mobility (AAM) Market, Revenues & Volume, By Application, 2021 - 2031 |
11.5 Europe Advanced Air Mobility (AAM) Market, Revenues & Volume, By End User, 2021 - 2031 |
11.6 Europe Advanced Air Mobility (AAM) Market, Revenues & Volume, By Product, 2021 - 2031 |
12 Middle East Advanced Air Mobility (AAM) Market, Overview & Analysis |
12.1 Middle East Advanced Air Mobility (AAM) Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Advanced Air Mobility (AAM) Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Advanced Air Mobility (AAM) Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Advanced Air Mobility (AAM) Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Advanced Air Mobility (AAM) Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Advanced Air Mobility (AAM) Market, Revenues & Volume, By Component, 2021 - 2031 |
12.4 Middle East Advanced Air Mobility (AAM) Market, Revenues & Volume, By Application, 2021 - 2031 |
12.5 Middle East Advanced Air Mobility (AAM) Market, Revenues & Volume, By End User, 2021 - 2031 |
12.6 Middle East Advanced Air Mobility (AAM) Market, Revenues & Volume, By Product, 2021 - 2031 |
13 Global Advanced Air Mobility (AAM) Market Key Performance Indicators |
14 Global Advanced Air Mobility (AAM) Market - Export/Import By Countries Assessment |
15 Global Advanced Air Mobility (AAM) Market - Opportunity Assessment |
15.1 Global Advanced Air Mobility (AAM) Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Advanced Air Mobility (AAM) Market Opportunity Assessment, By Component, 2021 & 2031F |
15.3 Global Advanced Air Mobility (AAM) Market Opportunity Assessment, By Application, 2021 & 2031F |
15.4 Global Advanced Air Mobility (AAM) Market Opportunity Assessment, By End User, 2021 & 2031F |
15.5 Global Advanced Air Mobility (AAM) Market Opportunity Assessment, By Product, 2021 & 2031F |
16 Global Advanced Air Mobility (AAM) Market - Competitive Landscape |
16.1 Global Advanced Air Mobility (AAM) Market Revenue Share, By Companies, 2024 |
16.2 Global Advanced Air Mobility (AAM) Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |