The Global Urban Air Mobility Market is expected to rise at annual rate 13.50% in the forecast period of 2021 to 2028, and is expected to reach USD 26,150.23 million by 2028 due to the rise in the need for efficient mode of logistics and last-mile delivery.
On the other hand, limitations such as the legal and regulatory barriers and less adoption due to political, economic, social, technological and legal factors, are expected to obstruct the market growth in the above mentioned forecast period. Requirement of ground infrastructure is projected to challenge the urban air mobility market.
Urban Air Mobility Market Scenario
According to Data Bridge Market Research the markets for the urban air mobility market is escalating due to the rise in the need for efficient mode of logistics and last-mile delivery and high demand for alternative mode of transportation in urban mobility and smart city initiatives. Additionally, high disposable incomes in developing countries and surge in demand for an alternative mode of transportation positively affect the urban air mobility market.
Furthermore, increase in government funding replacement extends profitable opportunities to the market players.
Now the question is which are the other regions that urban air mobility market is targeting? Data Bridge Market Research has estimated Europe is expected to witness significant growth in the forecast period of 2021 to 2028 owning to the increase in the investment on the transportation activities.
For more analysis on the urban air mobility market, request for a briefing with our analysts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-urban-air-mobility-market
Urban Air Mobility Market Scope
The urban air mobility market is segmented on the basis of countries into U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
- All country-based analysis urban air mobility market is further analyzed based on maximum granularity into further segmentation. The urban air mobility market on the basis of type has been segmented into rotary wing and fixed-wing hybrid. Rotary wing has further been segmented into helicopters and multicopters. On the basis of range, the urban air mobility market is segmented into intercity (100 kilometers to 400 kilometers) and intracity (20 kilometers to 100 kilometers).
- Urban air mobility is also called UAM, refers to refer cargo or passenger carrying, highly automated, and on demand services of air transportation.
To know more about the study, please click on the below mentioned link, https://www.databridgemarketresearch.com/reports/global-urban-air-mobility-market
Key Pointers Covered in the Urban Air Mobility Market Industry Trends and Forecast to 2028
- Market Size
- Market New Sales Volumes
- Market Replacement Sales Volumes
- Market By Brands
- Market Procedure Volumes
- Market Product Price Analysis
- Market Regulatory Framework and Changes
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Market Upcoming Applications
- Market Innovators Study
Key Market Competitors Covered in the report
- Wisk Aero LLC
- LILIUM
- Volocopter GmbH
- Honeywell International Inc.
- TE Connectivity
- Airbus S.A.S.
- Jaunt Air Mobility LLC
- Joby Aviation
- Archer Aviation
- Lockheed Martin Corporation
- NEVA Aerospace
- Opener
- Pipistrel Group
- EHang
- KITTY HAWK
- AutoFlightX GmbH
- SKYPORTS LIMITED
- VERDEGO AERO
- Hyundai Motor Company
- Bell Textron Inc.
Above are the key players covered in the report, to know about more and exhaustive list of aircraft urban air mobility companies contact, https://www.databridgemarketresearch.com/toc/?dbmr=global-urban-air-mobility-market
Research Methodology: Global Urban Air Mobility Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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