Urban Air Mobility Market worth $28.3 billion by 2030 – Exclusive Report by MarketsandMarkets™ – QNT Press Release

CHICAGO, May 13, 2022 /PRNewswire/ — According to a research 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”, published by MarketsandMarkets™, the market is projected to grow from USD 2.6 billion in 2022 to USD 28.3 billion by 2030, at a CAGR of 34.3% from 2022 to 2030. The increasing demand for an alternative mode of transportation in urban mobility for commercial applications and technological innovations in unmanned technology are the major factors driving the market.

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By component, the Platform segment is expected to lead the market during the forecast period

Based on component, the urban air mobility (UAM) market is segmented into infrastructure solutions and platform. The platform segment of the urban air mobility market is projected to grow at the highest CAGR from 2025 to 2030. This growth is attributed to green energy and alternate mode of transportation. The Air taxis segment is expected to grow at a higher rate in the forecasted period.

“By platform operations, the piloted segment has the highest share in the forecasted period”

Based on platform operations, the Urban air mobility market has been segmented into autonomous and piloted. The piloted segment is projected to grow at a highest share. This growth can be attributed to the developments taking place in UAM market with respect to partnership, investments, and development of new products.

“The ride sharing companies’ segment is projected to …

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