The advanced aerial mobility market involves products and services associated with electric vertical take-off and landing (eVTOL) aircraft, which are being developed to transport passengers and cargo within and between cities. Advanced aerial mobility vehicles are designed to take off and land vertically without the need for runway infrastructure, allowing them to operate from rooftop helipads or distributed ground stations throughout congested urban areas.

This new mode of transportation has the potential to provide fast, zero-emissions travel options that are less prone to traffic congestion compared to roads. Current prototypes typically utilize electric propulsion in conjunction with battery technology to enable vertical flight. With payload capacities ranging from 1-15 passengers, advanced aerial vehicles are set to introduce airborne ridesharing and package delivery networks within densely populated cities.

The Global Advanced Aerial Mobility Market is estimated to be valued at US$ 11.25 Billion in 2030 and is expected to exhibit a CAGR of 31.5% over the forecast period 2025-2030.

Key Takeaways

Key players operating in the advanced aerial mobility market include Joby Aviation, Lilium, EHang, Volocopter, Archer Aviation, Wisk, and Airbus. Joby Aviation was valued at $5.7 billion after its 2021 Nasdaq debut, while EHang recently began passenger drone operations in Guangzhou, China. With over 150 flight tests conducted to date, Lilium is aiming for commercial operations to launch in 2025.

The growing demand for rapid urban transport solutions and potential for emissions reductions is driving significant interest in advanced Advanced Aerial Mobility Market Demand  Several pilot programs have been established to explore intra-city air taxi services in major metropolitan areas like Los Angeles, Dallas-Fort Worth, and Oslo. Over 250 Vertiport locations have already been planned for integration into cities worldwide by 2026.

Rising investments are also fueling international expansion of the advanced aerial mobility industry. European companies like Lilium and Volocopter lead much of the global eVTOL development efforts, while Joby Aviation and Wisk focus primarily on North American markets. Airbus Urban Mobility plans to introduce its Vahana air taxi in Singapore in partnership with the Civil Aviation Authority of Singapore.

Market Drivers

A key driver fueling growth of the Advanced Aerial Mobility Companies is urbanization and population growth which is increasing demand for faster transportation options. It is estimated that 68% of the world population will live in urban areas by 2050. Advanced aerial mobility has potential to reduce terrestrial transportation congestion in dense cities.

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