This report describes and explains the advanced air mobility market and covers 2020-2025, termed the historic period and 2025-2030, 2035F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global advanced air mobility market reached a value of nearly $11.36 billion in 2025, having grown at a compound annual growth rate (CAGR) of 20.9% since 2020. The market is expected to grow from $11.36 billion in 2025 to $29.11 billion in 2030 at a rate of 20.7%. The market is then expected to grow at a CAGR of 17.2% from 2030 and reach $64.39 billion in 2035.
Growth in the historic period resulted from increasing venture capital and private funding in eVTOL startups, airlines and governments efforts towards low-emission aviation initiatives, rising military and emergency-response applications of AAM and expansion of pilot projects and commercial trials for unmanned aircraft. Factors that negatively affected growth in the historic period were high infrastructure capital costs and limited battery recycling and disposal systems.
Going forward, rising road traffic congestion in metropolitan areas, expansion of cargo drones and autonomous delivery aircraft, supports transition toward electric aviation and sustainable mobility and increasing airport infrastructure investment and modernization projects will drive the growth. factors that could hinder the growth of the advanced air mobility market in the future include weather and microclimate operational limits, low passenger throughput per vertiport stringent aviation safety certification and regulatory approval processes and impact of trade war and tariff.
Market trends for the advanced air mobility market include modular vertipad systems advancing scalable eVTOL infrastructure development in the market, advanced air mobility integration pilot programs driving market commercialization, urban air-traffic management systems transforming advanced air mobility operations, strategic collaborations accelerate advanced air mobility ecosystem development.
The advanced air mobility market is segmented by type into air taxis and drones. The drones market was the largest segment of the advanced air mobility market segmented by type, accounting for 100% or $11.36 billion of the total in 2025. Going forward, the drones segment is expected to be the fastest growing segment in the advanced air mobility market segmented by type, at a CAGR of 19% during 2025-2030.
The advanced air mobility market is segmented by component into hardware and software. The hardware market was the largest segment of the advanced air mobility market segmented by component, accounting for 83.9% or $9.5 billion of the total in 2025. Going forward, the software segment is expected to be the fastest growing segment in the advanced air mobility market segmented by component, at a CAGR of 23.5% during 2025-2030.
The advanced air mobility market is segmented by mode of operation into piloted mode of operation and autonomous mode of operation. The piloted mode of operation market was the largest segment of the advanced air mobility market segmented by mode of operation, accounting for 65.5% or $7.44 billion of the total in 2025. Going forward, the autonomous mode of operation segment is expected to be the fastest growing segment in the advanced air mobility market segmented by mode of operation, at a CAGR of 25.3% during 2025-2030.
The advanced air mobility market is segmented by propulsion type into parallel hybrid propulsion, electric propulsion and turboelectric propulsion. The electric propulsion market was the largest segment of the advanced air mobility market segmented by propulsion type, accounting for 58.2% or $6.6 billion of the total in 2025. Going forward, the electric propulsion segment is expected to be the fastest growing segment in the advanced air mobility market segmented by propulsion type, at a CAGR of 24.6% during 2025-2030.
The advanced air mobility market is segmented by application into cargo transport, passenger transport and delivery drones. The cargo transport market was the largest segment of the advanced air mobility market segmented by application, accounting for 59% or $6.7 billion of the total in 2025. Going forward, the delivery drones segment is expected to be the fastest growing segment in the advanced air mobility market segmented by application, at a CAGR of 21.7% during 2025-2030.
North America was the largest region in the advanced air mobility market, accounting for 36.3% or $4.11 billion of the total in 2025. It was followed by Western Europe, Asia Pacific and then the other regions. Going forward, the fastest-growing regions in the advanced air mobility market will be Middle East and Africa where growth will be at CAGRs of 30.6% and 26.2% respectively. These will be followed by South America and Asia Pacific where the markets are expected to grow at CAGRs of 26.1% and 23.4% respectively.
The global advanced air mobility market is highly fragmented. The top 10 competitors in the market made up 6.2% of the total market in 2025. The Boeing Company (Wisk Aero) was the largest competitor with a 1.1% share of the market, followed by Airbus S.A.S with 0.9%, Lilium GmbH with 0.7%, AutoFlight with 0.66%, Volocopter GmbH with 0.6%, Guangzhou EHang Intelligent Technology Co. Ltd. with 0.5%, Honeywell International Inc. with 0.46%, SkyDrive Inc. with 0.42%, Joby Aviation Inc. With 0.4% and Overair Inc. with 0.3%.
The top opportunities in the advanced air mobility market segmented by type will arise in the drones segment, which will gain $15.72 billion of global annual sales by 2030. The top opportunities in the advanced air mobility market segmented by component will arise in the hardware segment, which will gain $14.28 billion of global annual sales by 2030. The top opportunities in the advanced air mobility market segmented by mode of operation will arise in the piloted mode of operation segment, which will gain $9.55 billion of global annual sales by 2030. The top opportunities in the advanced air mobility market segmented by propulsion type will arise in the electric propulsion segment, which will gain $13.23 billion of global annual sales by 2030. The top opportunities in the advanced air mobility market segmented by application will arise in the cargo transport segment, which will gain $7.93 billion of global annual sales by 2030. The advanced air mobility market size will gain the most in the USA at $5.92 billion.
Player-adopted strategies in the advanced air mobility market include focus on enhancing its business operations through new product developments and should focus on enhancing its business operations through new partnerships.
Market-trend-based strategies for the advanced air mobility market include focus on prioritizing vertiport infrastructure development to establish the physical ecosystem required for scalable eVTOL operations, focus on increasingly prioritizing regulatory certification and airworthiness stand ardization to accelerate the commercial deployment of next-generation aircraft and ensure safe integration into existing aviation ecosystems, focus on air traffic management modernization for low-altitude operations to enable the safe, efficient and scalable movement of next-generation aircraft within increasingly complex urban and regional airspaces, focus on expanding product offerings through strategic collaborations to accelerate vehicle development, strengthen operational capabilities, enhance ecosystem integration and support the commercialization of next-generation urban air transportation solutions.
To take advantage of the opportunities, the analyst recommends the advanced air mobility companies to focus on vertiport infrastructure development for scalable evtol operations, focus on regulatory certification and airworthiness standardization, focus on air traffic management modernization for low-altitude operations, focus on air taxis to capture high-growth urban mobility demand, focus on software to strengthen autonomous flight and air traffic capabilities, focus on autonomous operations to improve scalability and operational efficiency, focus on electric propulsion to strengthen sustainable air mobility operations, focus on regional vertiport networks and multichannel access, focus on strategic collaborations to expand product development and commercialization, focus on tiered pricing models and cost transparency, focus on building public trust through safety and regulatory transparency, focus on localized engagement and strategic partnerships, focus on passenger transport to capture high-growth urban mobility demand.
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The global advanced air mobility market reached a value of nearly $11.36 billion in 2025, having grown at a compound annual growth rate (CAGR) of 20.9% since 2020. The market is expected to grow from $11.36 billion in 2025 to $29.11 billion in 2030 at a rate of 20.7%. The market is then expected to grow at a CAGR of 17.2% from 2030 and reach $64.39 billion in 2035.
Growth in the historic period resulted from increasing venture capital and private funding in eVTOL startups, airlines and governments efforts towards low-emission aviation initiatives, rising military and emergency-response applications of AAM and expansion of pilot projects and commercial trials for unmanned aircraft. Factors that negatively affected growth in the historic period were high infrastructure capital costs and limited battery recycling and disposal systems.
Going forward, rising road traffic congestion in metropolitan areas, expansion of cargo drones and autonomous delivery aircraft, supports transition toward electric aviation and sustainable mobility and increasing airport infrastructure investment and modernization projects will drive the growth. factors that could hinder the growth of the advanced air mobility market in the future include weather and microclimate operational limits, low passenger throughput per vertiport stringent aviation safety certification and regulatory approval processes and impact of trade war and tariff.
Market trends for the advanced air mobility market include modular vertipad systems advancing scalable eVTOL infrastructure development in the market, advanced air mobility integration pilot programs driving market commercialization, urban air-traffic management systems transforming advanced air mobility operations, strategic collaborations accelerate advanced air mobility ecosystem development.
The advanced air mobility market is segmented by type into air taxis and drones. The drones market was the largest segment of the advanced air mobility market segmented by type, accounting for 100% or $11.36 billion of the total in 2025. Going forward, the drones segment is expected to be the fastest growing segment in the advanced air mobility market segmented by type, at a CAGR of 19% during 2025-2030.
The advanced air mobility market is segmented by component into hardware and software. The hardware market was the largest segment of the advanced air mobility market segmented by component, accounting for 83.9% or $9.5 billion of the total in 2025. Going forward, the software segment is expected to be the fastest growing segment in the advanced air mobility market segmented by component, at a CAGR of 23.5% during 2025-2030.
The advanced air mobility market is segmented by mode of operation into piloted mode of operation and autonomous mode of operation. The piloted mode of operation market was the largest segment of the advanced air mobility market segmented by mode of operation, accounting for 65.5% or $7.44 billion of the total in 2025. Going forward, the autonomous mode of operation segment is expected to be the fastest growing segment in the advanced air mobility market segmented by mode of operation, at a CAGR of 25.3% during 2025-2030.
The advanced air mobility market is segmented by propulsion type into parallel hybrid propulsion, electric propulsion and turboelectric propulsion. The electric propulsion market was the largest segment of the advanced air mobility market segmented by propulsion type, accounting for 58.2% or $6.6 billion of the total in 2025. Going forward, the electric propulsion segment is expected to be the fastest growing segment in the advanced air mobility market segmented by propulsion type, at a CAGR of 24.6% during 2025-2030.
The advanced air mobility market is segmented by application into cargo transport, passenger transport and delivery drones. The cargo transport market was the largest segment of the advanced air mobility market segmented by application, accounting for 59% or $6.7 billion of the total in 2025. Going forward, the delivery drones segment is expected to be the fastest growing segment in the advanced air mobility market segmented by application, at a CAGR of 21.7% during 2025-2030.
North America was the largest region in the advanced air mobility market, accounting for 36.3% or $4.11 billion of the total in 2025. It was followed by Western Europe, Asia Pacific and then the other regions. Going forward, the fastest-growing regions in the advanced air mobility market will be Middle East and Africa where growth will be at CAGRs of 30.6% and 26.2% respectively. These will be followed by South America and Asia Pacific where the markets are expected to grow at CAGRs of 26.1% and 23.4% respectively.
The global advanced air mobility market is highly fragmented. The top 10 competitors in the market made up 6.2% of the total market in 2025. The Boeing Company (Wisk Aero) was the largest competitor with a 1.1% share of the market, followed by Airbus S.A.S with 0.9%, Lilium GmbH with 0.7%, AutoFlight with 0.66%, Volocopter GmbH with 0.6%, Guangzhou EHang Intelligent Technology Co. Ltd. with 0.5%, Honeywell International Inc. with 0.46%, SkyDrive Inc. with 0.42%, Joby Aviation Inc. With 0.4% and Overair Inc. with 0.3%.
The top opportunities in the advanced air mobility market segmented by type will arise in the drones segment, which will gain $15.72 billion of global annual sales by 2030. The top opportunities in the advanced air mobility market segmented by component will arise in the hardware segment, which will gain $14.28 billion of global annual sales by 2030. The top opportunities in the advanced air mobility market segmented by mode of operation will arise in the piloted mode of operation segment, which will gain $9.55 billion of global annual sales by 2030. The top opportunities in the advanced air mobility market segmented by propulsion type will arise in the electric propulsion segment, which will gain $13.23 billion of global annual sales by 2030. The top opportunities in the advanced air mobility market segmented by application will arise in the cargo transport segment, which will gain $7.93 billion of global annual sales by 2030. The advanced air mobility market size will gain the most in the USA at $5.92 billion.
Player-adopted strategies in the advanced air mobility market include focus on enhancing its business operations through new product developments and should focus on enhancing its business operations through new partnerships.
Market-trend-based strategies for the advanced air mobility market include focus on prioritizing vertiport infrastructure development to establish the physical ecosystem required for scalable eVTOL operations, focus on increasingly prioritizing regulatory certification and airworthiness stand ardization to accelerate the commercial deployment of next-generation aircraft and ensure safe integration into existing aviation ecosystems, focus on air traffic management modernization for low-altitude operations to enable the safe, efficient and scalable movement of next-generation aircraft within increasingly complex urban and regional airspaces, focus on expanding product offerings through strategic collaborations to accelerate vehicle development, strengthen operational capabilities, enhance ecosystem integration and support the commercialization of next-generation urban air transportation solutions.
To take advantage of the opportunities, the analyst recommends the advanced air mobility companies to focus on vertiport infrastructure development for scalable evtol operations, focus on regulatory certification and airworthiness standardization, focus on air traffic management modernization for low-altitude operations, focus on air taxis to capture high-growth urban mobility demand, focus on software to strengthen autonomous flight and air traffic capabilities, focus on autonomous operations to improve scalability and operational efficiency, focus on electric propulsion to strengthen sustainable air mobility operations, focus on regional vertiport networks and multichannel access, focus on strategic collaborations to expand product development and commercialization, focus on tiered pricing models and cost transparency, focus on building public trust through safety and regulatory transparency, focus on localized engagement and strategic partnerships, focus on passenger transport to capture high-growth urban mobility demand.
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Table of Contents
1 Executive Summary
6 Market Characteristics
8 Global Advanced Air Mobility Market Attractiveness Scoring And Analysis
9 Advanced Air Mobility Market, Supply Chain Analysis
10 Major Market Trends
11 Global Advanced Air Mobility Growth Analysis And Strategic Analysis Framework
12 Global Advanced Air Mobility Market Size And Growth Analysis
13 Global Advanced Air Mobility Total Addressable Market (TAM) Analysis
14 Global Advanced Air Mobility Market Segmentation
15 Advanced Air Mobility Market, Regional and Country Analysis
16 Asia-Pacific Market
17 South East Asia Market
18 North America Market
19 Western Europe Market
20 South America Market
21 Eastern Europe Market
22 Middle East Market
23 Africa Market
24 Competitive Land scape And Company Profiles
25 Other Major And Innovative Companies
28 Advanced Air Mobility Market - Company Scoring Matrix
30 Key Mergers And Acquisitions
31 Recent Developments
32 Opportunities And Strategies
33 Advanced Air Mobility Market, Conclusions And Recommendations
34 Appendix
Executive Summary
Advanced Air Mobility Global Market Opportunities And Strategies To 2035 provides the strategists; marketers and senior management with the critical information they need to assess the global advanced air mobility market.Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 16 geographies.
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- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market research findings.
- Benchmark performance against key competitors.
- Utilize the relationships between key data sets for superior strategizing.
- Suitable for supporting your internal and external presentations with reliable high-quality data and analysis.
Description
Where is the largest and fastest-growing market for advanced air mobility? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The advanced air mobility market global report answers all these questions and many more.The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market's history and forecasts market growth by geography. It places the market within the context of the wider advanced air mobility market; and compares it with other markets.
The report covers the following chapters:
- Introduction and Market Characteristics - Brief introduction to the segmentations covered in the market, definitions and explanations about the segments, key products, supply chain and market attractiveness scoring and analysis.
- Key Trends - Highlights the major trends shaping the global market. This section also highlights likely future developments in the market.
- Growth Analysis And Strategic Analysis Framework - Analysis on PESTEL, end use industries, market growth rate, global historic (2020-2025) and forecast (2025-2030, 2035F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods, forecast growth contributors and total addressable market (TAM).
- Global Market Size And Growth: Global historic (2020-2025) and forecast (2025-2030, 2035F) market values and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
- Regional And Country Analysis: Historic (2020-2025) and forecast (2025-2030, 2035F) market values and growth and market share comparison by region and country.
- Market Segmentation: Contains the market values (2020-2025) (2025-2030, 2035F) and analysis for each segment by type, by component, by mode of operation, by propulsion type and by application in the market. Historic (2020-2025) and forecast (2025-2030) and (2030-2035) market values and growth and market share comparison by region market.
- Regional Market Size And Growth: Regional market size (2025), historic (2020-2025) and forecast (2025-2030, 2035F) market values and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East and Africa and major countries within each region.
- Competitive Landscape: Details on the competitive landscape of the market, estimated market shares and company profiles of the leading players.
- Other Major And Innovative Companies: Details on the company profiles of other major and innovative companies in the market.
- Competitive Benchmarking: Briefs on the financials comparison between major players in the market.
- Competitive Dashboard: Briefs on competitive dashboard of major players.
- Key Mergers And Acquisitions: Information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions, which have shaped the market in recent years.
- Recent Developments: Information on recent developments in the market covered in the report.
- Market Opportunities And Strategies: Describes market opportunities and strategies based on findings of the research, with information on growth opportunities across countries, segments and strategies to be followed in those markets.
- Conclusions And Recommendations: This section includes recommendations for advanced air mobility providers in terms of product/service offerings geographic expansion, marketing strategies and target groups.
- Appendix: This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
1) By Type: Air Taxis; Drones
2) By Component: Hardware; Software
3) By Mode Of Operation: Piloted Mode Of Operation; Autonomous Mode Of Operation
4) By Propulsion Type: Parallel Hybrid Propulsion; Electric Propulsion; Turboelectric Propulsion
5) By Application: Cargo Transport; Passenger Transport; Delivery Drones
Companies Mentioned: The Boeing Company (Wisk Aero); Airbus S.A.S; Lilium GmbH; AutoFlight; Volocopter GmbH
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Italy; Spain; Canada and Taiwan
Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; advanced air mobility indicators comparison.
Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Companies Mentioned
- The Boeing Company (Wisk Aero)
- Airbus S.A.S
- Lilium GmbH
- AutoFlight
- Volocopter GmbH
- Guangzhou EHang Intelligent Technology Co. Ltd.
- Honeywell International Inc.
- SkyDrive Inc.
- Joby Aviation Inc.
- Overair Inc.
- 7A Drones
- SkyDrive
- Heron AirBridge
- Boeing Company
- Watfly
- Aurora Flight Sciences Corporation
- Eve Air Mobility Inc.
- Wisk Aero LLC
- Elroy Air Inc.
- Opener Inc.
- Workhorse Group Inc.
- Pipistrel Co
- BETA Technologies, Inc.
- Supernal LLC
- Horizon Aircraft Inc.
- Doroni Aerospace
- PAL-V
- Vertical Aerospace Ltd
- BAE Systems plc
- Leonardo S.p. A
- Embraer S. A
- Drone Volt
- Klein Vision
- Pipistrel d.o.o
- AeroMobil
- Flytrex
- WB Group
- Flytronic S.A
- Kronshtadt Group
- Northrop Grumman Corporation
- Boeing Co
- The Boeing Company
- Airbus SE
- Bell Textron Inc. (Latin America)
- Archer Aviation
- EANAN
- Urban Aeronautics Ltd
- Saudi Arabian Military Industries (SAMI)
- Phractyl
- Pegasus Universal Aerospace
- EHang Holdings Limited
- Eve Air Mobility
- Joby Aviation
- Archer Aviation Inc.
- KYLEWORTH AERO
