North America Dominates UAM Market with Strong CAGR & Multibillion-Dollar Investments
North America is at the forefront of the Urban Air Mobility (UAM) market, driven by strong regulatory support, technological advancements, and multibillion-dollar investments in eVTOL (electric vertical takeoff and landing) aircraft and infrastructure. The region’s leadership in UAM is further cemented by the presence of pioneering companies and government-backed initiatives accelerating commercialization.
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UAM & eVTOL Revolution: Building the Future of Urban Transportation
The Urban Air Mobility (UAM) market is rapidly gaining momentum as cities explore innovative solutions to ease congestion, reduce emissions, and improve transportation efficiency. UAM refers to the concept of transporting people or cargo using electric vertical takeoff and landing (eVTOL) aircraft or other advanced aerial vehicles in urban environments. The market is driven by advancements in aviation...