The global advanced air mobility market is projected to reach USD 9.0 billion by 2030 from USD 2.5 billion in 2020 at a CAGR of over 13% from 2021 to 2030.
Advanced air mobility, also known as Urban Air Mobility (UAM), is a phrase recently coined in the aviation industry to describe automated, on-demand air transportation services that can carry passengers or goods. It is an extremely sophisticated and creative way to get around traffic jams on the roadways. To convey people and freight between locations that are currently difficult for current aviation or land transportation modes to reach, AAM uses electric vertical take-off and landing (eVTOL) aircraft.

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GROWTH DRIVERS
The main factors propelling the growth of the global advanced air mobility market are the growing number of technological innovations in unmanned technology, the rising R&D investments in the industry, the growing emphasis on environmental sustainability due to the rapidly depleting natural resources, and the growing need for enhanced air mobility due to mounting concerns about human safety.
Furthermore, governments and technology companies worldwide, particularly in the developed world, have begun allocating funds and investing in advanced air mobility as a potentially applicable option for passenger and cargo transport in the future due to the rapidly growing number of on-road passenger vehicles burning fossil fuels and the rising levels of pollution.
Additionally, the increasing investments in startups and technological developments including improvements in aerial vehicle autonomy and battery capacity are expected to positively impact the worldwide market's growth in the future years.
ADVANCED AIR MOBILITY MARKET SEGMENTATION
By Component
· Infrastructure
§ Charging Stations
§ Vertiports
§ Air Traffic Management Facilities
§ Maintenance Facilities
· Platform
§ Air Taxis
§ Air Shuttles and & Air Metro
§ Personal Air Vehicles
§ Cargo Air Vehicles
§ Air Ambulance & Medical Emergency Vehicles
§ Last-mile Delivery Vehicles
By Range
· Intercity
· Intracity

By Platform Operations
· Piloted
· Autonomous
§ Remotely/Optionally Piloted
§ Fully Autonomous

By Platform Architecture
· Rotary Wing
· Fixed-wing Hybrid

By End User
· Ride Sharing Companies
· Scheduled Operators
· E-commerce Companies
· Hospitals & Medical Agencies
· Private Operators

By Unmanned Platform System
· Aerostructures
· Avionics
· Electrical Systems
· Propulsion Systems
· Cabin Interiors
· Software

By Region
· North America
· Europe
· Asia Pacific
· Middle East
· Latin America

KEY COMPANIES IN ADVANCED AIR MOBILITY MARKET
· Aurora Flight Sciences
· Bell Helicopter Textron Inc.
· Delorean Aerospace LLC
· Neva Aerospace
· Wisk Aero
· Lilium
· Kitty Hawk
· EHang
· Jaunt Air Mobility
· Volocopter
· Uber Technologies Inc.
· Airbus SE
· The Boeing Company
· Safran SA
· Other Players

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