The urban air mobility market is expected to valued at US$ 6,384.9 Million in 2025 and is projected to reach US$ 23,250.3 Million by 2034. The Urban Air Mobility market is expected to grow at a CAGR of 17.5% during the forecast period of 2025 to 2034 .
A minimum of three and a maximum of five-six passengers can travel by urban air mobility passenger carriers. In rural areas, more than six passengers travel by three-wheeler passenger carriers as per requirement. Increasing traffic congestions in urban cities is major factor driving the market growth. As the world’s urban population grows, traffic congestion has been seriously affecting people’s quality of life and taking a toll on general economic growth.
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Top Key Major Players:-
- Airbus SAS
- Aurora Flight Sciences
- Airspace Experience Technologies, Inc.
- Bell Textron Inc
- EHang Intelligent Technology Co. Ltd
- EmbraerX
- Jaunt Air Mobility LLC
- Kitty Hawk
- Moog Inc.
- Volocopter GmbH