Urban Air Mobility Market Estimated to Reach $15.2 Billion by 2030 - Detailed Report by MarketsandMarkets™


Posted July 15, 2019 by sandeep_roy

Urban Air Mobility Market Research Report, identifies new revenue opportunity in urban air mobility industry.

 
According to the new market research report on the "Urban Air Mobility Market by Component (Infrastructure (Charging Stations, Vertiports, Traffic Management), Platform (Air Taxi, Personal Air Vehicle, Cargo Air Vehicle, Air Ambulance)), Operation, Range, and Region - Global Forecast to 2030", MarketsandMarkets: The urban air mobility market is projected to grow from USD 5.3 billion in 2018 to USD 15.2 billion by 2030, at a CAGR of 11.33% from 2018 to 2030.

Browse 73 market data Tables and 36 Figures spread through 141 Pages and in-depth TOC on "Urban Air Mobility Market - Global Forecast to 2030"

View detailed Table of Content @

https://www.marketsandmarkets.com/Market-Reports/urban-air-mobility-market-251142860.html

“By component, the platform segment is expected to lead the market during the forecast period”

Based on component, the urban air mobility market has been segmented into infrastructure and platform. The platform segment is projected to grow at a higher CAGR from 2018 to 2030. This growth can be attributed to the increasing demand for eVTOLs for intracity and intercity transportation. In addition, with significant investments pouring into the development of drone infrastructure, the possibility of using drones for passenger and cargo transport is gaining traction in the platform segment.

“By operation, the autonomous segment is expected to lead the market during the forecast period”

Based on operation, the urban air mobility market has been segmented into piloted and autonomous. The autonomous segment is projected to grow at a higher CAGR than the piloted segment during the forecast period. The demand for autonomous eVTOLs for commercial application is expected to drive this segment. Autonomous aerial vehicles can be used in several areas of operations. These vehicles are programmable autonomous robots that can carry out tasks at high altitudes with increased power capacity.

Major recent developments for urban air mobility in 2018:

Lilium developed a flying taxi worth USD 90 million which was tested in Germany. It is a five-seater jet capable of vertical take-off and jet-powered flight.
Workhorse Group unveiled its SureFly electric hybrid helicopter at the Paris Air Show. The SureFly is a personal helicopter/VTOL aircraft with four propeller arms, two fixed contra-rotating propellers on each arm, a backup battery to drive the electric motors if the engine fails, and a ballistic parachute that safely brings down the craft if needed
Bell Helicopter revealed its full-scale electric vertical take-off and landing (VTOL) air taxi vehicle during CES 2019. The air taxi, Bell Nexus, is powered by a hybrid-electric propulsion system and features Bell’s signature powered lift concept incorporating six tilting ducted fans that are designed to safely and efficiently redefine air travel.
Need for an alternative mode of transportation in urban mobility will lead to the growth of air taxi sub-segment of urban air mobility market from 2016-2030

Download PDF Brochure @

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=251142860

“Europe is projected to lead the market during the forecast period”

Based on region, the Europe urban air mobility market is projected to witness the highest growth rate during the forecast period. The market growth in this region can be attributed to the increasing investments be leading eVTOL manufacturers to develop UAM for commercial applications. Investments are mainly driven by new product developments in European countries. Europe is one of the growing markets for eVTOLs as countries in this region, such as Germany, France, Estonia, and Bulgaria, among others are actively focused on developing the UAM ecosystem to facilitate cost-effective transportation. Another reason attributed to the high growth of this regional market is the increasing number of manufacturing bases for commercial eVTOLs in Europe.

Study Coverage

he report segments and analyzes the urban air mobility market on the basis of component (Infrastructure [Charging Stations, Vertiports, Traffic Management] and Platform [Air Taxi, Personal Air Vehicle, Cargo Air Vehicle, Air Ambulance]), operation (piloted and autonomous), and range (intracity and intercity), and maps these segments and subsegments across the major regions of the world, namely, North America, Europe, Asia Pacific, the Middle East, and Latin America.

Don’t miss out on business opportunities in Urban Air Mobility Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Shelly Singh

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441

Email: [email protected]
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By MarketsandMarkets™ Research Pvt. Ltd.
Country United States
Categories Aerospace , Technology , Travel
Tags air taxi , cargo air vehicle , personal air vehicle , uam market , urban air mobility market
Last Updated July 15, 2019