Aviation News
Press release distribution service
Home > Aviation News & Resources
Aviation Industry
  • Aviation News
  • Business Aviation
  • Commercial Aviation
  • Defense
  • Submit News

    Watch Aviation News

  • Airbus News
  • Airlines News
  • Airport News
  • Aviation News
  • Boeing News

  • Urban Air Mobility Market estimated to be worth $15.2 billion by 2030

     



    (Aviation-NewsWire.Com, December 04, 2019 ) The report "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" indicates that the global urban air mobility market size is forecasted to witness growth at a CAGR of 11.3%, which is depicted to hike from USD 5.3 billion in 2018 to USD 15.2 billion by 2030. The driving forces to bring the growth of the urban air mobility industry are eVTOLs for intercity and intracity transportation, as well as autonomous eVTOLs for commercial usage considered primarily.



    • Download PDF Brochure:-

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



    By component, the platform segment is expected to take over the lead in the market



    The urban air mobility market has been segmented into the platform and infrastructure segment. In the forecasted period, the predictability to dominate the market is more inclined towards the platform segment than that of the infrastructure segment. It is expected that from 2018 to 2030, the platform segment will see the higher CAGR growth. eVTOLs for intracity and intercity transportation will drive this growth. Also, very much possibility of using drones for cargo transportation and passenger carrier could be observed.



    By operation, the autonomous segment will take the lead over the piloted segment



    By operation, the urban air mobility market has got two segments one is piloted and another autonomous. It is anticipated that the higher CAGR growth will be seen in autonomous segment in the forecast period. For commercial usage, there is an increasing demand for autonomous eVTOLs and thus is considered as the major driving force for the growth of the autonomous segment.



    Air taxi industry segment is supposed to lead the growth in the urban air mobility market



    The requirement for the alternative transportation mode is sought out in urban mobility. Air taxi sub-segment is foreseen as a successful segment in the forecasted period.



    ● A flying taxi priced USD 90 million is developed by Lilium and tested in Germany. The taxi is a five-seater jet-powered flight and offers vertical take-off.



    ● Another one is SureFly, a personal VTOL or helicopter. It is an electric hybrid helicopter and has two fixed-contra-rotating propellers, four propeller arms, backup battery, and ballistic parachute.



    ● Bell helicopter is having full-scale electric vertical take-off and landing, i.e., VTOL. This air taxi has a hybrid-electric propulsion system, six tilting ducted fans that ensure safe air travel.



    During the forecasted period, Europe is expected to take the lead in the urban air mobility market



    By region, the market is expected to see the highest growth in Europe in the forecast period. The increasing investment is enabling eVTOL manufacturers to focus on developing UAM for commercial usage. The attention is imparted to develop new products in European countries. The UAM ecosystems for obtaining cost-effective air transportation are given specific focus in European countries. The key players in this are France, Bulgaria, Germany, and Estonia, among others. In addition to this, there is an increasing number of manufacturing bases to develop commercial eVTOLs have also been another reason for the growth of the urban air mobility market in Europe.



    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

    sales@marketsandmarkets.com



    360Quadrants

    Mr. Shelly Singh

    1-888-600-6441

    raviraj.tak@marketsandmarkets.com

    Source: EmailWire.Com

    Source: EmailWire.com

    Aviation News & Resources

    Aviation Resource Center
    We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Industry resource center today to browse our selection of 600+ complimentary Industry magazines, white papers, webinars, podcasts, and more. Get popular titles including:

    Governing
    Point of Beginning
    Overall Labor Effectiveness (OLE) Achieving a Highly Effective Workforce

    No credit cards, coupons, or promo codes required. Try it today!

    Press release service

    Aviation-Newswire.Com is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright © GroupWeb Media LLC. All Rights Reserved.

    For unlimited press release distribution for $99 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com.
    Copyright 2008 GroupWeb Media LLC
    GroupWeb Media Network

    Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | i-SoftwareNews.com | iT-NewsWire.Com
    | i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net
    Aviation-NewsWire.Com - Newswire and Press Release service of GroupWeb Media LLC