The global market for Advanced Air Mobility was estimated at US$13.0 Billion in 2024 and is projected to reach US$44.1 Billion by 2030, growing at a CAGR of 22.6% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Advanced Air Mobility market.
The increasing demand for on-demand air services, such as air taxis and cargo delivery, has positioned AAM as a transformative force in the aviation industry. Governments and private organizations are investing heavily in infrastructure development, regulatory frameworks, and pilot projects to accelerate the adoption of AAM solutions. With the promise of reducing travel times and environmental impact, AAM is set to play a pivotal role in shaping the future of mobility.
Integration with advanced navigation systems, such as GPS and LiDAR, ensures precise route planning and obstacle detection. The adoption of digital twins and simulation platforms is helping manufacturers optimize vehicle designs and conduct virtual testing, accelerating the development cycle. Additionally, innovations in materials science, such as lightweight composites, are improving the energy efficiency and payload capacity of AAM vehicles. These advancements collectively enhance the feasibility and scalability of advanced air mobility solutions.
The logistics and cargo sector is another significant driver, with drones and eVTOL aircraft revolutionizing last-mile delivery services. Emergency response applications, such as medical supply transport and disaster relief, highlight the critical role of AAM in life-saving operations. Defense and surveillance are also emerging as growth areas, leveraging AAM technologies for reconnaissance, border security, and rapid troop deployment. These diverse applications underline the vast potential of AAM to address a range of mobility challenges.
Government initiatives to develop infrastructure, such as vertiports and air traffic management systems, have provided a significant boost to market adoption. Rising investment from venture capitalists and aerospace giants has accelerated innovation and the commercialization of AAM solutions. Furthermore, the growing emphasis on reducing carbon emissions and achieving net-zero goals has positioned AAM as a critical component of sustainable mobility strategies. These factors collectively highlight the transformative impact of AAM on the future of transportation.
Global Advanced Air Mobility Market - Key Trends & Drivers Summarized
What Is Driving the Evolution of Advanced Air Mobility?
Advanced Air Mobility (AAM) is redefining the transportation landscape by introducing innovative air travel solutions designed for urban, regional, and rural connectivity. AAM leverages electric vertical take-off and landing (eVTOL) aircraft, drones, and autonomous air vehicles to address the challenges of traffic congestion, environmental sustainability, and last-mile delivery. This revolutionary sector is a critical component of future urban mobility systems, offering faster, more efficient, and eco-friendly alternatives to traditional transportation methods.The increasing demand for on-demand air services, such as air taxis and cargo delivery, has positioned AAM as a transformative force in the aviation industry. Governments and private organizations are investing heavily in infrastructure development, regulatory frameworks, and pilot projects to accelerate the adoption of AAM solutions. With the promise of reducing travel times and environmental impact, AAM is set to play a pivotal role in shaping the future of mobility.
How Are Technological Innovations Shaping AAM Solutions?
Technological advancements are at the core of the AAM revolution, driving the development of safe, efficient, and scalable solutions. Electric propulsion systems, powered by high-capacity batteries, are enabling zero-emission flights, aligning with global sustainability goals. Autonomous flight technologies, guided by artificial intelligence (AI) and machine learning algorithms, are enhancing the operational efficiency and safety of AAM vehicles.Integration with advanced navigation systems, such as GPS and LiDAR, ensures precise route planning and obstacle detection. The adoption of digital twins and simulation platforms is helping manufacturers optimize vehicle designs and conduct virtual testing, accelerating the development cycle. Additionally, innovations in materials science, such as lightweight composites, are improving the energy efficiency and payload capacity of AAM vehicles. These advancements collectively enhance the feasibility and scalability of advanced air mobility solutions.
What Market Segments Are Driving AAM Adoption?
The AAM market spans diverse applications, including passenger transportation, cargo delivery, emergency response, and surveillance. Urban air mobility (UAM) is a key segment, focused on providing on-demand air taxi services in densely populated cities. These services aim to alleviate traffic congestion while offering faster commute times. Regional air mobility extends the reach of AAM, connecting underserved areas with limited access to traditional transportation networks.The logistics and cargo sector is another significant driver, with drones and eVTOL aircraft revolutionizing last-mile delivery services. Emergency response applications, such as medical supply transport and disaster relief, highlight the critical role of AAM in life-saving operations. Defense and surveillance are also emerging as growth areas, leveraging AAM technologies for reconnaissance, border security, and rapid troop deployment. These diverse applications underline the vast potential of AAM to address a range of mobility challenges.
What Factors Are Driving Growth in the Advanced Air Mobility Market?
The growth in the advanced air mobility market is driven by several factors. Rapid urbanization and increasing traffic congestion in metropolitan areas have created a strong demand for alternative transportation solutions. Advancements in electric propulsion and autonomous flight technologies have made AAM vehicles more efficient, sustainable, and commercially viable.Government initiatives to develop infrastructure, such as vertiports and air traffic management systems, have provided a significant boost to market adoption. Rising investment from venture capitalists and aerospace giants has accelerated innovation and the commercialization of AAM solutions. Furthermore, the growing emphasis on reducing carbon emissions and achieving net-zero goals has positioned AAM as a critical component of sustainable mobility strategies. These factors collectively highlight the transformative impact of AAM on the future of transportation.
Scope of Study:
The report analyzes the Advanced Air Mobility market in terms of units by the following Segments, and Geographic Regions/Countries:- Segments: Component (Advanced Air Mobility Hardware, Advanced Air Mobility Software); Product Type (Fixed Wing AAM, Rotary Blade AAM, Hybrid AAM); Type (Air Taxis, Drones, Other Types); Application (Cargo Transport Application, Passenger Transport Application, Mapping and Surveying Application, Special Mission Application, Surveillance and Monitoring Application, Other Applications); End-Use (Commercial End-Use, Government and Military End-Use)
- Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Advanced Air Mobility Hardware segment, which is expected to reach US$24.1 Billion by 2030 with a CAGR of a 20.2%. The Advanced Air Mobility Software segment is also set to grow at 26.1% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $3.4 Billion in 2024, and China, forecasted to grow at an impressive 21.6% CAGR to reach $6.8 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Advanced Air Mobility Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Advanced Air Mobility Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Advanced Air Mobility Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of players such as Airbus Group SE, Arc Aero Systems, Archer Aviation, Inc., Aurora Flight Sciences (a Boeing Company), Bell Textron, Inc. and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 48 companies featured in this Advanced Air Mobility market report include:
- Airbus Group SE
- Arc Aero Systems
- Archer Aviation, Inc.
- Aurora Flight Sciences (a Boeing Company)
- Bell Textron, Inc.
- Elroy Air
- Guangzhou EHang Intelligent Technology Co. Ltd
- Joby Aviation
- Lilium GmbH
- Vertical Aerospace
This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:
- Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
- Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015.
- Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
- Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
- Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
- Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
- Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Airbus Group SE
- Arc Aero Systems
- Archer Aviation, Inc.
- Aurora Flight Sciences (a Boeing Company)
- Bell Textron, Inc.
- Elroy Air
- Guangzhou EHang Intelligent Technology Co. Ltd
- Joby Aviation
- Lilium GmbH
- Vertical Aerospace
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 222 |
| Published | July 2025 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 13 Billion |
| Forecasted Market Value ( USD | $ 44.1 Billion |
| Compound Annual Growth Rate | 22.6% |
| Regions Covered | Global |
