Global Urban Air Mobility (UAM) Market Overview:

This report studies the Global Urban Air Mobility (UAM) Market over the forecast period of 2019 to 2023. The Global Urban Air Mobility (UAM) Market is expected to grow at an impressive Compound Annual Growth Rate (CAGR) from 2019 to 2023.

As per the market research report, the need to increase operational efficiency, reduction in human intervention for intercity and intracity transportation using eVTOLs, and growing investment activities around the world are key factors expected to drive the market growth.

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The Global Urban Air Mobility (UAM) Market is segmented on the basis of Infrastructure, Platform, Operation, Range and Region. Based on the Infrastructure, the Global Urban Air Mobility (UAM) Market is classified into Charging stations, Vertiports and Traffic Management. On the basis of Platform, the Global Urban Air Mobility (UAM) Market is sub-segmented into Air Taxi, Personal Air Vehicle, Cargo Air Vehicle and Air Ambulance. Based on the Operation, the Global Urban Air Mobility (UAM) Market is sub-segmented into Piloted and Autonomous. On the basis of Range, the Global Urban Air Mobility (UAM) Market is sub-segmented into Intracity (20 to 100 Kilometers) and Intercity (100 to 400 Kilometers).

In terms of the geographic analysis, the Europe Urban Air Mobility (UAM) Market is projected to grow at the highest rate during the forecast period. Countries in this region, such as Germany and France, are investing heavily in the development and procurement of advanced eVTOL systems for commercial operations. Advancements in the manufacturing capability of emerging economies in this region will drive the market. In addition, the ever-increasing trend of automation and globalization in these countries are fueling the growth of the European Urban Air Mobility (UAM) Market.

Latest Industry News:

1 Honeywell (May 20, 2019) – Honeywell Brings High-Speed Connectivity To U.S. Department of Defense Aircraft – Honeywell was selected to provide the JetWave satellite communications system for 70 C-17 aircraft as a part of the Fixed Installation Satellite Antenna program for the U.S. Department of Defense (DoD).

The beyond-line-of-sight communications system will support and improve the en route communication capabilities for the U.S. Air Force's fleet of C-17 Globemaster III aircraft. JetWave's Ka-band hardware and Inmarsat's Global Xpress satellite network combine to deliver the most extensive global coverage for a reliable command-and-control link, including over water, on nontraditional flight paths and in remote areas.

2 EHang (May 16, 2019) – DHL-Sinotrans and EHang jointly launch first fully-automated and intelligent urban drone delivery solution in China – DHL-Sinotrans, China’s first and most experienced international express company, and the world’s leading intelligent autonomous aerial vehicle company EHang have entered into a strategic partnership to jointly launch a fully automated and intelligent smart drone delivery solution to tackle the last-mile delivery challenges in urban areas of China. This cutting-edge solution makes its inaugural flight for a DHL-Sinotrans customer today, making DHL the first international express company to launch such an initiative in China. It marks a new milestone in both companies’ continuous efforts to bring innovative solutions to the market with greater automation and intelligence.

Top Leading Key Manufacturers are: Kitty Hawk, Lilium, EHang, Volocopter, Airbus, Honeywell and others. New product launches and continuous technological innovations are the key strategies adopted by the major players.

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Region segment: This report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of Urban Air Mobility (UAM) in these regions, from 2013 to 2023 (forecast), covering: North America, Europe, Asia Pacific, Middle East & Africa and South America

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