Urban Air Mobility Market to Witness the Highest Growth in Europe Region by 2030

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Urban Air Mobility Market to Witness the Highest
Growth in Europe Region by 2030 According to the
latest research the report "Urban Air Mobility
Market by Component (Infrastructure, Platform),
Platform Operation (Piloted, Autonomous), Range
(Intercity, Intracity), Platform
Architecture, Unmanned Platform Systems, End
User and Region - Global Forecast to 2030",
is projected to grow from USD 2.6 billion in
2020 to USD 9.1 billion by 2030, at a CAGR of
13.5 from 2020 to 2030. The increasing demand
for an alternative mode of
transportation in urban mobility
for commercial applications and
technological innovations in the
unmanned technology are
major factors driving the market. Download PDF
Brochure _at_ https//www.marketsandmarkets.com/pdfd
ownloadNew.asp?id251142860 Urban Air Mobility
Market Ecosystem Companies that provide
platforms, as well as the necessary ground
infrastructure, are the key stakeholders in the
UAM market ecosystem. Investors, funders,
academic researchers, integrators, service
providers, and licensing authorities serve as the
major influencers in this market. Based on range,
the intercity segment is projected to lead during
the forecast period Based on range, the
market has been segmented into intercity
and intracity transportation. The intercity
segment is projected to lead the market during
the forecast period, owing to large number of
platforms being used for intercity travel, and
the cost of platform being significantly high
compared to intracity platforms. The
infrastructure segment is projected to at the
highest CAGR from 2025 to 2030 Based on
component, the urban air mobility market
has been segmented into infrastructure and
platform. The infrastructure segment of the urban
air mobility market is projected to at the
highest CAGR from 2025 to 2030. This
growth is
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attributed to the increasing deployment of eVTOL
aircraft for intracity travel leading to an
increase in the need for infrastructure. The
fixed-wing hybrid segment is projected to grow at
the highest CAGR from 2025 to 2030 By platform
architecture, the fixed-wing hybrid segment is
projected to grow at the highest CAGR from 2025
to 2030, owing to its higher stability compared
to rotary wing eVTOL. To carry passengers, the
platform needs higher stability to ensure safety
of passengers on board, especially for remotely
piloted or fully autonomous aircraft. Europe is
projected to be the fastest-growing market
for urban air mobility during the forecast
period The Europe urban air mobility market is
projected to grow at the highest rate during the
forecast period. Countries in this region, such
as Germany, UK, 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. Additionally, the ever-increasing trend
of automation and globalization in these
countries are fueling the growth of the European
urban air mobility market. Key Market
Players Some of the key players profiled in the
urban air mobility market report include Wisk
Aero (US), Lilium (Germany), EHang (China), Jaunt
Air Mobility (US) and Volocopter (Germany). The
players are mostly engaged in new product
launches developments and having a strong
global presence will enhance their position in
the urban air mobility market. These players are
primarily focusing on entering new markets by
launching technologically advanced and
cost-effective platforms and infrastructure.
Apart from new product launches developments,
these players also adopted the partnerships
contracts, agreements strategy. Ask for Sample
Report _at_ https//www.marketsandmarkets.com/reques
tsampleNew.asp?id251142860
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