| Product Code: ETC13226598 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Urban Air Mobility Market was valued at USD 3.9 Billion in 2024 and is expected to reach USD 12.4 Billion by 2031, growing at a compound annual growth rate of 4.89% during the forecast period (2025-2031).
The Global Urban Air Mobility Market is a rapidly growing industry that encompasses the transportation of passengers and goods within urban and suburban areas using advanced aerial vehicles. This market is driven by increasing traffic congestion in cities, the need for efficient transportation solutions, technological advancements in electric propulsion and autonomous systems, and supportive government initiatives. Companies are developing electric vertical takeoff and landing (eVTOL) aircraft, drone delivery services, and air taxis to address the growing demand for urban air mobility solutions. Key players in the market include Uber Elevate, Airbus, Boeing, and Volocopter. The market is expected to witness significant growth in the coming years as more companies invest in research and development to make urban air mobility a viable and sustainable mode of transportation.
The Global Urban Air Mobility market is experiencing rapid growth driven by advancements in technology, increasing urbanization, and the need for efficient transportation solutions. Key trends include the development of electric vertical takeoff and landing (eVTOL) aircraft, partnerships between traditional aerospace companies and tech startups, and the integration of autonomous flight technology. Opportunities in the market lie in addressing urban traffic congestion, providing on-demand transportation services, and facilitating emergency response and medical transportation. Government support for infrastructure development and regulatory frameworks, as well as growing investment in research and development, further contribute to the market`s growth potential. Overall, the Global Urban Air Mobility market presents promising opportunities for companies to revolutionize urban transportation and shape the future of mobility.
The Global Urban Air Mobility Market faces several challenges, including regulatory hurdles related to airspace integration, infrastructure limitations for vertiport construction, public acceptance and trust issues regarding safety and noise concerns, and the high costs associated with developing and operating UAM vehicles and services. Additionally, factors such as limited battery technology for electric vertical takeoff and landing (eVTOL) aircraft, congestion in urban areas, and the need for standardized protocols and regulations across different regions pose significant obstacles to the widespread adoption and commercial success of urban air mobility solutions. Overcoming these challenges will require collaboration between industry stakeholders, government entities, and communities to address safety, regulatory, operational, and environmental considerations effectively.
The Global Urban Air Mobility Market is primarily driven by the increasing need for efficient and sustainable transportation solutions in congested urban areas. Factors such as population growth, traffic congestion, and environmental concerns have led to a growing demand for innovative modes of transportation that can alleviate these issues. Urban air mobility offers a promising solution by providing faster and more direct transportation options, reducing ground traffic congestion, and lowering carbon emissions. Technological advancements in electric vertical take-off and landing (eVTOL) aircraft, supportive government regulations, and investment in infrastructure are also driving the market growth. Additionally, collaborations between key industry players, urban planners, and regulatory authorities are further propelling the development and adoption of urban air mobility services worldwide.
Various governments around the world are formulating policies to regulate and promote the Global Urban Air Mobility Market. These policies focus on ensuring safety, security, and efficiency in the integration of aerial mobility services within urban environments. Governments are working on establishing guidelines for infrastructure development, air traffic management, certification of vehicles and operators, as well as addressing privacy and noise concerns. Additionally, authorities are collaborating with industry stakeholders to create standards for operations and technology in order to facilitate the growth of urban air mobility while ensuring compliance with existing regulations. The overall goal of these policies is to enable the safe and sustainable integration of urban air mobility solutions to enhance transportation options and alleviate congestion in cities.
The Global Urban Air Mobility Market is poised for significant growth in the coming years, driven by the increasing urbanization, traffic congestion, and the demand for efficient transportation solutions. Advancements in technology such as electric vertical take-off and landing (eVTOL) aircraft, autonomous flight systems, and infrastructure development are paving the way for the widespread adoption of urban air mobility services. The market is expected to see a rise in partnerships between aerospace companies, technology firms, and regulatory bodies to address safety concerns and regulatory frameworks. With the potential to revolutionize urban transportation by offering faster, greener, and more convenient options, the global urban air mobility market is projected to experience exponential growth and transformation in the near future.
In the Global Urban Air Mobility Market, Asia is expected to witness significant growth due to rapid urbanization and increasing congestion in cities like Tokyo and Shanghai, driving the demand for aerial transportation solutions. North America, particularly the United States, is at the forefront of urban air mobility innovation with companies like Uber Elevate and Joby Aviation leading the way. Europe is also a key player in the market, with cities like London and Paris exploring urban air mobility options to address traffic congestion and environmental concerns. The Middle East and Africa region is showing interest in urban air mobility as governments look for innovative solutions to improve transportation infrastructure. Latin America, while relatively nascent in the market, is also starting to embrace urban air mobility technologies to enhance urban transportation systems.
Global Urban Air Mobility (UAM) 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 Urban Air Mobility (UAM) Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Urban Air Mobility (UAM) Market Revenues & Volume, 2021 & 2031F |
3.3 Global Urban Air Mobility (UAM) Market - Industry Life Cycle |
3.4 Global Urban Air Mobility (UAM) Market - Porter's Five Forces |
3.5 Global Urban Air Mobility (UAM) Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Urban Air Mobility (UAM) Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Global Urban Air Mobility (UAM) Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Global Urban Air Mobility (UAM) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Urban Air Mobility (UAM) Market Trends |
6 Global Urban Air Mobility (UAM) Market, 2021 - 2031 |
6.1 Global Urban Air Mobility (UAM) Market, Revenues & Volume, By Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Urban Air Mobility (UAM) Market, Revenues & Volume, By Infrastructure, 2021 - 2031 |
6.1.3 Global Urban Air Mobility (UAM) Market, Revenues & Volume, By Platform, 2021 - 2031 |
6.2 Global Urban Air Mobility (UAM) Market, Revenues & Volume, By Application, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Urban Air Mobility (UAM) Market, Revenues & Volume, By Air Taxi, 2021 - 2031 |
6.2.3 Global Urban Air Mobility (UAM) Market, Revenues & Volume, By Personal Air Vehicle, 2021 - 2031 |
6.2.4 Global Urban Air Mobility (UAM) Market, Revenues & Volume, By Cargo Air Vehicle, 2021 - 2031 |
6.2.5 Global Urban Air Mobility (UAM) Market, Revenues & Volume, By Air Ambulance, 2021 - 2031 |
6.2.6 Global Urban Air Mobility (UAM) Market, Revenues & Volume, By Others, 2021 - 2031 |
6.3.1 Overview & Analysis |
7 North America Urban Air Mobility (UAM) Market, Overview & Analysis |
7.1 North America Urban Air Mobility (UAM) Market Revenues & Volume, 2021 - 2031 |
7.2 North America Urban Air Mobility (UAM) Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Urban Air Mobility (UAM) Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Urban Air Mobility (UAM) Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Urban Air Mobility (UAM) Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Urban Air Mobility (UAM) Market, Revenues & Volume, By Type, 2021 - 2031 |
7.4 North America Urban Air Mobility (UAM) Market, Revenues & Volume, By Application, 2021 - 2031 |
8 Latin America (LATAM) Urban Air Mobility (UAM) Market, Overview & Analysis |
8.1 Latin America (LATAM) Urban Air Mobility (UAM) Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Urban Air Mobility (UAM) Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Urban Air Mobility (UAM) Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Urban Air Mobility (UAM) Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Urban Air Mobility (UAM) Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Urban Air Mobility (UAM) Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Urban Air Mobility (UAM) Market, Revenues & Volume, By Type, 2021 - 2031 |
8.4 Latin America (LATAM) Urban Air Mobility (UAM) Market, Revenues & Volume, By Application, 2021 - 2031 |
9 Asia Urban Air Mobility (UAM) Market, Overview & Analysis |
9.1 Asia Urban Air Mobility (UAM) Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Urban Air Mobility (UAM) Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Urban Air Mobility (UAM) Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Urban Air Mobility (UAM) Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Urban Air Mobility (UAM) Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Urban Air Mobility (UAM) Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Urban Air Mobility (UAM) Market, Revenues & Volume, By Type, 2021 - 2031 |
9.4 Asia Urban Air Mobility (UAM) Market, Revenues & Volume, By Application, 2021 - 2031 |
10 Africa Urban Air Mobility (UAM) Market, Overview & Analysis |
10.1 Africa Urban Air Mobility (UAM) Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Urban Air Mobility (UAM) Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Urban Air Mobility (UAM) Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Urban Air Mobility (UAM) Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Urban Air Mobility (UAM) Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Urban Air Mobility (UAM) Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Urban Air Mobility (UAM) Market, Revenues & Volume, By Type, 2021 - 2031 |
10.4 Africa Urban Air Mobility (UAM) Market, Revenues & Volume, By Application, 2021 - 2031 |
11 Europe Urban Air Mobility (UAM) Market, Overview & Analysis |
11.1 Europe Urban Air Mobility (UAM) Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Urban Air Mobility (UAM) Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Urban Air Mobility (UAM) Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Urban Air Mobility (UAM) Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Urban Air Mobility (UAM) Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Urban Air Mobility (UAM) Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Urban Air Mobility (UAM) Market, Revenues & Volume, By Type, 2021 - 2031 |
11.4 Europe Urban Air Mobility (UAM) Market, Revenues & Volume, By Application, 2021 - 2031 |
12 Middle East Urban Air Mobility (UAM) Market, Overview & Analysis |
12.1 Middle East Urban Air Mobility (UAM) Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Urban Air Mobility (UAM) Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Urban Air Mobility (UAM) Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Urban Air Mobility (UAM) Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Urban Air Mobility (UAM) Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Urban Air Mobility (UAM) Market, Revenues & Volume, By Type, 2021 - 2031 |
12.4 Middle East Urban Air Mobility (UAM) Market, Revenues & Volume, By Application, 2021 - 2031 |
13 Global Urban Air Mobility (UAM) Market Key Performance Indicators |
14 Global Urban Air Mobility (UAM) Market - Export/Import By Countries Assessment |
15 Global Urban Air Mobility (UAM) Market - Opportunity Assessment |
15.1 Global Urban Air Mobility (UAM) Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Urban Air Mobility (UAM) Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Global Urban Air Mobility (UAM) Market Opportunity Assessment, By Application, 2021 & 2031F |
16 Global Urban Air Mobility (UAM) Market - Competitive Landscape |
16.1 Global Urban Air Mobility (UAM) Market Revenue Share, By Companies, 2024 |
16.2 Global Urban Air Mobility (UAM) Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |