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...
Exploring Urban Air Mobility Market Growth Trends and Projections to 2030
The Global Urban Air Mobility Market Size is poised for substantial growth, with a projected increase from USD 3.8 billion in 2023 to an impressive USD 28.5 billion by 2030. This surge is anticipated to occur at a remarkable Compound Annual Growth Rate (CAGR) of 33.5% from 2023 to 2030. A comprehensive market analysis reveals that factors such as the escalating demand for rapid and sustainable...