Product Code: ETC13282877 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Dhaval Chaurasia | 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 3.2 Billion in 2024 and is expected to reach USD 5.9 Billion by 2031, growing at a compound annual growth rate of 7.70% during the forecast period (2025-2031).
The Global Advanced Air Mobility Market is experiencing rapid growth driven by increasing demand for urban air transportation solutions. This market encompasses a wide range of innovative technologies such as electric vertical takeoff and landing (eVTOL) aircraft, urban air taxis, and autonomous drones. Key factors fueling market expansion include advancements in electric propulsion systems, supportive regulatory frameworks, and growing investments by both established aerospace companies and startups. The market is expected to witness significant adoption in urban areas to alleviate traffic congestion and offer faster, more efficient transportation options. However, challenges such as infrastructure development, air traffic management integration, and safety concerns remain critical for the widespread commercialization of advanced air mobility solutions.
The Global Advanced Air Mobility Market is currently experiencing a surge in interest and investment due to advancements in electric propulsion technology, urban air mobility concepts, and sustainable transportation solutions. Key trends include the development of electric vertical takeoff and landing (eVTOL) aircraft, autonomous flight systems, and infrastructure for air taxis and delivery drones. Opportunities in this market lie in partnerships between aerospace companies and technology firms, regulatory advancements to enable commercial operations, and the potential for new business models in urban transportation and logistics. The increasing demand for efficient, environmentally friendly transportation solutions in congested urban areas is driving the growth of the Advanced Air Mobility Market, offering a promising future for innovative companies in the aerospace industry.
The Global Advanced Air Mobility Market faces several challenges that include regulatory hurdles related to integrating new technologies into existing aerospace frameworks, infrastructure limitations such as the need for specialized vertiports and charging stations for electric aircraft, concerns regarding safety and public acceptance of autonomous air vehicles, as well as the high costs associated with developing and operating advanced air mobility solutions. Additionally, the industry must navigate complex airspace management issues, including air traffic control systems that may need to be upgraded to accommodate increased aerial traffic. Overcoming these challenges will require collaboration between industry stakeholders, governments, and regulatory bodies to establish clear standards, address safety concerns, and invest in the necessary infrastructure to support the growth of advanced air mobility services.
The Global Advanced Air Mobility Market is primarily driven by the increasing demand for urban air transportation solutions to alleviate traffic congestion in major cities, coupled with the rising focus on sustainable and eco-friendly modes of transportation. Technological advancements in electric vertical takeoff and landing (eVTOL) aircraft are also driving market growth, enabling more efficient and environmentally friendly air mobility options. Additionally, government initiatives and investments to support the development of advanced air mobility infrastructure and regulations are further propelling market expansion. The growing interest from both traditional aviation players and new entrants in the industry, as well as the potential for autonomous and on-demand air transportation services, are key factors driving the evolution and growth of the Advanced Air Mobility Market globally.
Government policies related to the Global Advanced Air Mobility Market focus on promoting innovation, safety, and sustainability in the emerging industry. Authorities are working on establishing regulatory frameworks to ensure the safe integration of advanced air mobility vehicles, such as electric vertical takeoff and landing (eVTOL) aircraft, into existing airspace. Additionally, governments are incentivizing research and development efforts by offering grants, subsidies, and tax breaks to companies involved in the development of advanced air mobility technologies. Environmental sustainability is also a key priority, with policies encouraging the use of electric propulsion systems and promoting emissions reductions in the sector. Overall, governments worldwide are actively supporting the growth of the advanced air mobility market through a combination of regulatory support and financial incentives to drive innovation and address societal challenges.
The Global Advanced Air Mobility market is poised for significant growth in the coming years, driven by advancements in technology, increasing urbanization, and the need for sustainable transportation solutions. With a rising focus on reducing carbon emissions and traffic congestion in urban areas, there is a growing interest in electric vertical takeoff and landing (eVTOL) aircraft and other advanced air mobility solutions. Market players are investing heavily in research and development to improve safety, efficiency, and affordability of these technologies. Regulatory bodies are also working towards establishing frameworks to ensure the safe integration of advanced air mobility vehicles into existing airspace. As infrastructure and operational challenges are addressed, the market is expected to witness substantial expansion, offering new opportunities for manufacturers, service providers, and stakeholders across the aviation industry.
In the Global Advanced Air Mobility Market, Asia is projected to witness significant growth due to increasing urbanization and the need for efficient transportation solutions. North America is a frontrunner in development and adoption of advanced air mobility technologies, driven by strong government support and presence of key industry players. Europe is also a key market, with initiatives focusing on sustainable transportation and reducing carbon emissions. The Middle East and Africa region is showing interest in advanced air mobility for applications such as urban air taxis and medical transport services. Latin America is expected to see gradual growth, with potential for advanced air mobility solutions to address transportation challenges in major cities. Overall, these regions are poised to play a crucial role in shaping the future of advanced air mobility on a global scale.
Global Advanced Air Mobility 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 Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Advanced Air Mobility Market Revenues & Volume, 2021 & 2031F |
3.3 Global Advanced Air Mobility Market - Industry Life Cycle |
3.4 Global Advanced Air Mobility Market - Porter's Five Forces |
3.5 Global Advanced Air Mobility Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Advanced Air Mobility Market Revenues & Volume Share, By Maximum Take-off Weight, 2021 & 2031F |
3.7 Global Advanced Air Mobility Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.8 Global Advanced Air Mobility Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.9 Global Advanced Air Mobility Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Global Advanced Air Mobility Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Advanced Air Mobility Market Trends |
6 Global Advanced Air Mobility Market, 2021 - 2031 |
6.1 Global Advanced Air Mobility Market, Revenues & Volume, By Maximum Take-off Weight, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Advanced Air Mobility Market, Revenues & Volume, By Less than 500 kg, 2021 - 2031 |
6.1.3 Global Advanced Air Mobility Market, Revenues & Volume, By 500 kg to 1,000 kg, 2021 - 2031 |
6.1.4 Global Advanced Air Mobility Market, Revenues & Volume, By 1,000 kg to 2,500 kg, 2021 - 2031 |
6.1.5 Global Advanced Air Mobility Market, Revenues & Volume, By Above 2,500 kg, 2021 - 2031 |
6.2 Global Advanced Air Mobility Market, Revenues & Volume, By Component, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Advanced Air Mobility Market, Revenues & Volume, By Airframe, 2021 - 2031 |
6.2.3 Global Advanced Air Mobility Market, Revenues & Volume, By Propulsion System, 2021 - 2031 |
6.2.4 Global Advanced Air Mobility Market, Revenues & Volume, By Avionics, 2021 - 2031 |
6.2.5 Global Advanced Air Mobility Market, Revenues & Volume, By Flight Control System, 2021 - 2031 |
6.2.6 Global Advanced Air Mobility Market, Revenues & Volume, By Software, 2021 - 2031 |
6.3 Global Advanced Air Mobility Market, Revenues & Volume, By Application, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Advanced Air Mobility Market, Revenues & Volume, By Passenger Transport, 2021 - 2031 |
6.3.3 Global Advanced Air Mobility Market, Revenues & Volume, By Cargo Transport, 2021 - 2031 |
6.3.4 Global Advanced Air Mobility Market, Revenues & Volume, By Emergency Medical Services, 2021 - 2031 |
6.3.5 Global Advanced Air Mobility Market, Revenues & Volume, By Surveillance and Monitoring, 2021 - 2031 |
6.4 Global Advanced Air Mobility Market, Revenues & Volume, By End User, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Advanced Air Mobility Market, Revenues & Volume, By Commercial, 2021 - 2031 |
6.4.3 Global Advanced Air Mobility Market, Revenues & Volume, By Government, 2021 - 2031 |
7 North America Advanced Air Mobility Market, Overview & Analysis |
7.1 North America Advanced Air Mobility Market Revenues & Volume, 2021 - 2031 |
7.2 North America Advanced Air Mobility Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Advanced Air Mobility Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Advanced Air Mobility Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Advanced Air Mobility Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Advanced Air Mobility Market, Revenues & Volume, By Maximum Take-off Weight, 2021 - 2031 |
7.4 North America Advanced Air Mobility Market, Revenues & Volume, By Component, 2021 - 2031 |
7.5 North America Advanced Air Mobility Market, Revenues & Volume, By Application, 2021 - 2031 |
7.6 North America Advanced Air Mobility Market, Revenues & Volume, By End User, 2021 - 2031 |
8 Latin America (LATAM) Advanced Air Mobility Market, Overview & Analysis |
8.1 Latin America (LATAM) Advanced Air Mobility Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Advanced Air Mobility Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Advanced Air Mobility Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Advanced Air Mobility Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Advanced Air Mobility Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Advanced Air Mobility Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Advanced Air Mobility Market, Revenues & Volume, By Maximum Take-off Weight, 2021 - 2031 |
8.4 Latin America (LATAM) Advanced Air Mobility Market, Revenues & Volume, By Component, 2021 - 2031 |
8.5 Latin America (LATAM) Advanced Air Mobility Market, Revenues & Volume, By Application, 2021 - 2031 |
8.6 Latin America (LATAM) Advanced Air Mobility Market, Revenues & Volume, By End User, 2021 - 2031 |
9 Asia Advanced Air Mobility Market, Overview & Analysis |
9.1 Asia Advanced Air Mobility Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Advanced Air Mobility Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Advanced Air Mobility Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Advanced Air Mobility Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Advanced Air Mobility Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Advanced Air Mobility Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Advanced Air Mobility Market, Revenues & Volume, By Maximum Take-off Weight, 2021 - 2031 |
9.4 Asia Advanced Air Mobility Market, Revenues & Volume, By Component, 2021 - 2031 |
9.5 Asia Advanced Air Mobility Market, Revenues & Volume, By Application, 2021 - 2031 |
9.6 Asia Advanced Air Mobility Market, Revenues & Volume, By End User, 2021 - 2031 |
10 Africa Advanced Air Mobility Market, Overview & Analysis |
10.1 Africa Advanced Air Mobility Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Advanced Air Mobility Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Advanced Air Mobility Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Advanced Air Mobility Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Advanced Air Mobility Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Advanced Air Mobility Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Advanced Air Mobility Market, Revenues & Volume, By Maximum Take-off Weight, 2021 - 2031 |
10.4 Africa Advanced Air Mobility Market, Revenues & Volume, By Component, 2021 - 2031 |
10.5 Africa Advanced Air Mobility Market, Revenues & Volume, By Application, 2021 - 2031 |
10.6 Africa Advanced Air Mobility Market, Revenues & Volume, By End User, 2021 - 2031 |
11 Europe Advanced Air Mobility Market, Overview & Analysis |
11.1 Europe Advanced Air Mobility Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Advanced Air Mobility Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Advanced Air Mobility Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Advanced Air Mobility Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Advanced Air Mobility Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Advanced Air Mobility Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Advanced Air Mobility Market, Revenues & Volume, By Maximum Take-off Weight, 2021 - 2031 |
11.4 Europe Advanced Air Mobility Market, Revenues & Volume, By Component, 2021 - 2031 |
11.5 Europe Advanced Air Mobility Market, Revenues & Volume, By Application, 2021 - 2031 |
11.6 Europe Advanced Air Mobility Market, Revenues & Volume, By End User, 2021 - 2031 |
12 Middle East Advanced Air Mobility Market, Overview & Analysis |
12.1 Middle East Advanced Air Mobility Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Advanced Air Mobility Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Advanced Air Mobility Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Advanced Air Mobility Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Advanced Air Mobility Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Advanced Air Mobility Market, Revenues & Volume, By Maximum Take-off Weight, 2021 - 2031 |
12.4 Middle East Advanced Air Mobility Market, Revenues & Volume, By Component, 2021 - 2031 |
12.5 Middle East Advanced Air Mobility Market, Revenues & Volume, By Application, 2021 - 2031 |
12.6 Middle East Advanced Air Mobility Market, Revenues & Volume, By End User, 2021 - 2031 |
13 Global Advanced Air Mobility Market Key Performance Indicators |
14 Global Advanced Air Mobility Market - Export/Import By Countries Assessment |
15 Global Advanced Air Mobility Market - Opportunity Assessment |
15.1 Global Advanced Air Mobility Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Advanced Air Mobility Market Opportunity Assessment, By Maximum Take-off Weight, 2021 & 2031F |
15.3 Global Advanced Air Mobility Market Opportunity Assessment, By Component, 2021 & 2031F |
15.4 Global Advanced Air Mobility Market Opportunity Assessment, By Application, 2021 & 2031F |
15.5 Global Advanced Air Mobility Market Opportunity Assessment, By End User, 2021 & 2031F |
16 Global Advanced Air Mobility Market - Competitive Landscape |
16.1 Global Advanced Air Mobility Market Revenue Share, By Companies, 2024 |
16.2 Global Advanced Air Mobility Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |