Global Urban Air Mobility Market (2023-2028) Competitive Analysis, Impact of Covid-19, Ansoff Analysis

Growing Urban Congestion and Advancements in Drone Technology Are Fueling Interest in Urban Air Mobility Solutions

Market Segmentations

• The Global Urban Air Mobility Market is segmented based on Component, Operation, System, Range, Architecture, End-Users, and Geography.
• By Component, the market is classified into Infrastructure Solutions and Platforms. market because eVTOL aircraft, drones, and other vehicles are the key components of UAM services. These platforms are what enable the transportation of people and goods in urban airspace and are the main focus of UAM development and investment. Companies are investing heavily in developing and testing these platforms to ensure that they meet the safety, reliability, and performance standards required for commercial UAM services.
• By Operation, the market is classified into Piloted and Autonomous. The piloted operation segment holds the largest market share in the global urban air mobility market. This is because most of the current UAM vehicles, such as helicopters and light aircraft, are designed for piloted operation. The piloted operation also provides passengers with a greater sense of safety and security compared to autonomous operation, which is still in the development stage.
• By System, the market is classified into Avionics, Electrical Systems, Propulsion Systems, and Software. The avionics segment holds the largest market share in the global urban air mobility market by system. This its due to its increasing use in aircraft for navigation, communication, and flight control. In the context of urban air mobility, avionics are critical for ensuring safe and reliable operation of eVTOLs and other UAM platforms.
• By Range, the market is classified into Intercity and Intracity. Intracity is expected to hold a larger market share globally. This is because urban air mobility is primarily being developed as a solution to the growing problem of traffic congestion in cities. The ability to transport people and goods quickly and efficiently within a city can significantly reduce travel times and help alleviate congestion on roads.
• By Architecture, the market is classified into Rotary Wing and Fixed Wing Hybrid. The largest market segment in the architecture classification of the urban air mobility market is rotary-wing vehicles. Rotary-wing vehicles have been in use for several decades, and there is an existing infrastructure and regulatory framework in place for these types of aircraft. They are also well-suited for operations in urban areas due to their vertical take-off and landing capabilities, making them ideal for short-distance flights and accessing areas with limited space for runways
• By End-Users, the market is classified into Ride Sharing Companies, Scheduled Operators, E-commerce Companies, Hospitals & Medicals Agencies, and Private Operators. Ride Sharing Companies hold the largest market share. Ride-sharing companies such as Uber, Lyft, and Volocopter are investing heavily in the development of urban air mobility services, as they see a significant market opportunity for air-based transportation services. These companies are seeking to offer a more efficient and faster mode of transportation for their customers and see UAM as a natural extension of their existing ride-sharing business models.
• By Geography, the market is classified into the Americas, Europe, Middle-East & Africa, and Asia-Pacific. Americas hold the largest market share. This is because it is home to many of the leading companies in the UAM industry, such as Uber Elevate, Joby Aviation, and Archer Aviation, as well as a strong regulatory framework for the industry.

Recent Developments

2. Volocopter formed a new joint venture with Saudi Arabia's NEOM region. To enable an open eVTOL ecosystem for vertical mobility services, such as logistics, emergency response, and tourism, the joint venture will act as the sole operator. 15 Volocopter aircraft were previously ordered by NEOM, and their maiden flying activities are scheduled to begin in 2023-2024. - December 2021

Company Profiles

Countries Studied

• America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of the Americas)
• Europe (Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, Luxembourg, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
• Middle-East and Africa (Egypt, Israel, Nigeria, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
• Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

Ansoff Analysis

• The report presents a detailed Ansoff matrix analysis for the Global Urban Air Mobility Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development, and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
• The publisher analyses the Global Urban Air Mobility Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
• Based on the SWOT analysis conducted on the industry and industry players, the publisher has devised suitable strategies for market growth.

Why buy this report?

• The report offers a comprehensive evaluation of the Global Urban Air Mobility Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
• The research report also provides a detailed market size analysis and projections in volume and value terms. The projections are calculated using verified research methodologies.
• Excel data sheet for the market size will also be provided with the report.
• The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
• The report includes an in-depth market analysis using Porter’s 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 on the market is also featured in the report.
• The report includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
• The report includes Self-Assessment Form, which helps customers evaluate their position in the market compared to their competitors.
• The report offers customized research - tailored uniquely to our customers with a quick turnaround time. We offer a 15% customization option at no extra charge to all our clients for any of our syndicated reports.

Report Highlights:

• A complete analysis of the market, including the parent industry
• Important market dynamics and trends
• Impact Analysis - a comprehensive assessment to confront risk and make strategic & operational decisions to counter the changes in the market environment.
• Market segmentation
• Competitive Analysis: Comparative analysis of competitor
• Historical, current, and projected size of the market based on value and volume
• Market size of the US states
• Market shares and strategies of key players
• Recommendations to companies for strengthening their foothold in the market