Global Advanced Air Mobility Market Size is valued at US$ 12.1 Bn in 2024 and is predicted to reach US$ 77.5 Bn by the year 2034 at an 20.7% CAGR during the forecast period for 2025-2034.
The integration of autonomous and electric aircraft for urban transportation is the focus of the developing field of advanced air mobility. Moreover, urban air mobility infrastructure, autonomous flight systems, and electric vertical takeoff and landing aircraft are essential components of advanced air transportation. It provides numerous advantages, including quick travel times, less traffic, ease of use, and less environmental impact. The growing number of companies providing cutting-edge air mobility solutions has been identified as one of the main causes of the expansion. As more businesses expand their operations into new areas, clients will have more options for cutting-edge air mobility solutions.
The demand for advanced air mobility is expected to rise further due to the growing demand for commercial air mobility and the growing traffic congestion that results in longer travel times both within and between cities. The services are now also essential for transporting other vital services like disaster relief and air ambulance. Additionally, several new laws and regulations have been implemented to support the growth of air mobility services.
Some of the Key Players in Advanced Air Mobility Market:
The Advanced Air Mobility market is segmented by Mode of Operation, Propulsion Type, Vehicle Type, Application, Range, and End-use. By Mode of Operation, the market is segmented into Autonomous/Remotely Operated and Pilot Operated. By Propulsion Type, the market is segmented into Turbine Engines (Turbo), Gasoline, Electric Propulsion, Hybrid Propulsion, and Reciprocating (Piston) Engines. By Vehicle Type, the market is segmented into STOL (Short Takeoff and Landing) Aircraft, EVTOL (Electric Vertical Takeoff and Landing) Aircraft, and Conventional Fixed-wing Aircraft. By Application, the market is segmented into Cargo Transport, Mapping & Surveying, Surveillance & Monitoring, Passenger Transport, Special Mission, and Others. By Range, the market is segmented into Below 100 km, 100 km – 250 km, 250 km – 500 km, and More than 500 km. By End-use, the market is segmented into Commercial and Government & Military.
In 2024, the demand for controlled and flexible flight operations caused the autonomous/remotely piloted sector to hold the biggest market share. The airplanes in the remotely piloted portion are piloted by humans from a distance. When human judgment is needed, such as in complex missions, emergency response, and locations with difficult environmental circumstances, this style of operation is especially useful. The versatility and quick deployment of remotely piloted aircraft make them appropriate for a variety of uses, such as cargo transportation, infrastructure inspection, and surveillance.
The advanced air mobility market is dominated by cargo transport applications because of the growing need for quick, easy, and affordable logistics solutions. Today's innovations mostly focus on the employment of drones and autonomous aircraft in many sectors of the supply chain, particularly in last-mile deliveries, medical supplies, and other commodities that require quick turnaround times. Businesses are using self-piloted freight transportation systems, AI-powered route planning, and modern monitoring to enhance the flow of goods.
North America dominates the Market for Advanced Air Mobility because of strong government backing, including programs like the FAA's Urban Air Mobility (UAM) roadmap that encourage investment for research and regulatory frameworks. Significant private sector investments are also driving the market, allowing for the quick development and implementation of AAM infrastructure. Moreover, with intentions for commercial operations in the upcoming years, major aerospace companies such as Joby Aviation, Lilium, and Urban Aeronautics are pushing the development of eVTOLs in this region. Additionally, venture finance and private investment are speeding up the adoption of autonomous flight technology, putting the United States in a leadership position for AAM in the years to come.
However, with a strong focus on sustainability and technical innovation, Europe is the second-largest region in the market for advanced air mobility. While nations like the UK and Germany invest in infrastructure like vertiports, the European Aviation Safety Agency (EASA) has played a significant role in creating regulatory frameworks. Integrating eVTOL aircraft into urban transportation networks requires public-private sector partnerships, as demonstrated by initiatives like the UK's vertiport testbed by E-Skyports Infrastructure.
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Report Attribute |
Specifications |
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Market Size Value In 2024 |
USD 12.1 Bn |
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Revenue Forecast In 2034 |
USD 77.5 Bn |
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Growth Rate CAGR |
CAGR of 20.7% from 2025 to 2034 |
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Quantitative Units |
Representation of revenue in US$ Bn and CAGR from 2025 to 2034 |
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Historic Year |
2021 to 2024 |
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Forecast Year |
2025-2034 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Mode of Operation, By Propulsion Type, By Vehicle Type, By Application, By Range, By End-use, and By Region |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; Germany; The UK; France; Italy; Spain; Rest of Europe; China; Japan; India; South Korea; Southeast Asia; Rest of Asia Pacific; Brazil; Argentina; Mexico; Rest of Latin America; GCC Countries; South Africa; Rest of the Middle East and Africa |
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Competitive Landscape |
Bell Textron Inc., Airbus, Aurora Flight Sciences, The Boeing Company, and Guangzhou EHang Intelligent Technology Co. Ltd. |
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Customization Scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Geographic competitive landscape. |
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Pricing and Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Advanced Air Mobility Market Snapshot
Chapter 4. Global Advanced Air Mobility Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Porter's Five Forces Analysis
4.7. Incremental Opportunity Analysis (US$ MN), 2025-2034
4.8. Global Advanced Air Mobility Market Penetration & Growth Prospect Mapping (US$ Mn), 2024-2034
4.9. Competitive Landscape & Market Share Analysis, By Key Player (2024)
4.10. Use/impact of AI on ADVANCED AIR MOBILITY MARKET Industry Trends
Chapter 5. Advanced Air Mobility Market Segmentation 1: By Vehicle Type, Estimates & Trend Analysis
5.1. Market Share by Vehicle Type, 2024 & 2034
5.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following Vehicle Type:
5.2.1. EVTOL (electric vertical takeoff and landing) aircraft
5.2.2. STOL (short takeoff and landing) aircraft
5.2.3. Conventional fixed-wing aircraft
Chapter 6. Advanced Air Mobility Market Segmentation 2: By Propulsion Type, Estimates & Trend Analysis
6.1. Market Share by Propulsion Type, 2024 & 2034
6.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following Propulsion Type:
6.2.1. Gasoline
6.2.2. Turbine engines (turbo)
6.2.3. Reciprocating (piston) engines
6.2.4. Electric propulsion
6.2.5. Hybrid propulsion
Chapter 7. Advanced Air Mobility Market Segmentation 3: By Mode of Operation, Estimates & Trend Analysis
7.1. Market Share by Mode of Operation, 2024 & 2034
7.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following Mode of Operation:
7.2.1. Pilot operated
7.2.2. Autonomous/remotely operated
Chapter 8. Advanced Air Mobility Market Segmentation 4: By Range, Estimates & Trend Analysis
8.1. Market Share by Range, 2024 & 2034
8.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following Range:
8.2.1. Below 100 km
8.2.2. 100 km – 250 km
8.2.3. 250 km – 500 km
8.2.4. More than 500 km
Chapter 9. Advanced Air Mobility Market Segmentation 5: By Application, Estimates & Trend Analysis
9.1. Market Share by Application, 2024 & 2034
9.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following Application:
9.2.1. Cargo transport
9.2.2. Passenger transport
9.2.3. Mapping & surveying
9.2.4. Special mission
9.2.5. Surveillance & monitoring
9.2.6. Others
Chapter 10. Advanced Air Mobility Market Segmentation 6: By End Use, Estimates & Trend Analysis
10.1. Market Share by End Use, 2024 & 2034
10.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following End Use:
10.2.1. Commercial
10.2.2. Government & Military
Chapter 11. Advanced Air Mobility Market Segmentation 7: Regional Estimates & Trend Analysis
11.1. Global Advanced Air Mobility Market, Regional Snapshot 2024 & 2034
11.2. North America
11.2.1. North America Advanced Air Mobility Market Revenue (US$ Million) Estimates and Forecasts by Country, 2021-2034
11.2.1.1. US
11.2.1.2. Canada
11.2.2. North America Advanced Air Mobility Market Revenue (US$ Million) Estimates and Forecasts by Vehicle Type, 2021-2034
11.2.3. North America Advanced Air Mobility Market Revenue (US$ Million) Estimates and Forecasts by Propulsion Type, 2021-2034
11.2.4. North America Advanced Air Mobility Market Revenue (US$ Million) Estimates and Forecasts by Mode of Operation, 2021-2034
11.2.5. North America Advanced Air Mobility Market Revenue (US$ Million) Estimates and Forecasts by Range, 2021-2034
11.2.6. North America Advanced Air Mobility Market Revenue (US$ Million) Estimates and Forecasts by Application, 2021-2034
11.2.7. North America Advanced Air Mobility Market Revenue (US$ Million) Estimates and Forecasts by End Use, 2021-2034
11.3. Europe
11.3.1. Europe Advanced Air Mobility Market Revenue (US$ Million) Estimates and Forecasts by Country, 2021-2034
11.3.1.1. Germany
11.3.1.2. U.K.
11.3.1.3. France
11.3.1.4. Italy
11.3.1.5. Spain
11.3.1.6. Rest of Europe
11.3.2. Europe Advanced Air Mobility Market Revenue (US$ Million) Estimates and Forecasts by Vehicle Type, 2021-2034
11.3.3. Europe Advanced Air Mobility Market Revenue (US$ Million) Estimates and Forecasts by Propulsion Type, 2021-2034
11.3.4. Europe Advanced Air Mobility Market Revenue (US$ Million) Estimates and Forecasts by Mode of Operation, 2021-2034
11.3.5. Europe Advanced Air Mobility Market Revenue (US$ Million) Estimates and Forecasts by Range, 2021-2034
11.3.6. Europe Advanced Air Mobility Market Revenue (US$ Million) Estimates and Forecasts by Application, 2021-2034
11.3.7. Europe Advanced Air Mobility Market Revenue (US$ Million) Estimates and Forecasts by End Use, 2021-2034
11.4. Asia Pacific
11.4.1. Asia Pacific Advanced Air Mobility Market Revenue (US$ Million) Estimates and Forecasts by Country, 2021-2034
11.4.1.1. India
11.4.1.2. China
11.4.1.3. Japan
11.4.1.4. Australia
11.4.1.5. South Korea
11.4.1.6. Hong Kong
11.4.1.7. Southeast Asia
11.4.1.8. Rest of Asia Pacific
11.4.2. Asia Pacific Advanced Air Mobility Market Revenue (US$ Million) Estimates and Forecasts by Vehicle Type, 2021-2034
11.4.3. Asia Pacific Advanced Air Mobility Market Revenue (US$ Million) Estimates and Forecasts by Propulsion Type, 2021-2034
11.4.4. Asia Pacific Advanced Air Mobility Market Revenue (US$ Million) Estimates and Forecasts by Mode of Operation, 2021-2034
11.4.5. Asia Pacific Advanced Air Mobility Market Revenue (US$ Million) Estimates and Forecasts By Range, 2021-2034
11.4.6. Asia Pacific Advanced Air Mobility Market Revenue (US$ Million) Estimates and Forecasts by Application, 2021-2034
11.4.7. Asia Pacific Advanced Air Mobility Market Revenue (US$ Million) Estimates and Forecasts by End Use, 2021-2034
11.5. Latin America
11.5.1. Latin America Advanced Air Mobility Market Revenue (US$ Million) Estimates and Forecasts by Country, 2021-2034
11.5.1.1. Brazil
11.5.1.2. Mexico
11.5.1.3. Rest of Latin America
11.5.2. Latin America Advanced Air Mobility Market Revenue (US$ Million) Estimates and Forecasts by Vehicle Type, 2021-2034
11.5.3. Latin America Advanced Air Mobility Market Revenue (US$ Million) Estimates and Forecasts by Propulsion Type, 2021-2034
11.5.4. Latin America Advanced Air Mobility Market Revenue (US$ Million) Estimates and Forecasts by Mode of Operation, 2021-2034
11.5.5. Latin America Advanced Air Mobility Market Revenue (US$ Million) Estimates and Forecasts by Range, 2021-2034
11.5.6. Latin America Advanced Air Mobility Market Revenue (US$ Million) Estimates and Forecasts by Application, 2021-2034
11.5.7. Latin America Advanced Air Mobility Market Revenue (US$ Million) Estimates and Forecasts by End Use, 2021-2034
11.6. Middle East & Africa
11.6.1. Middle East & Africa Advanced Air Mobility Market Revenue (US$ Million) Estimates and Forecasts by country, 2021-2034
11.6.1.1. GCC Countries
11.6.1.2. Israel
11.6.1.3. South Africa
11.6.1.4. Rest of Middle East and Africa
11.6.2. Middle East & Africa Advanced Air Mobility Market Revenue (US$ Million) Estimates and Forecasts by Vehicle Type, 2021-2034
11.6.3. Middle East & Africa Advanced Air Mobility Market Revenue (US$ Million) Estimates and Forecasts by Propulsion Type, 2021-2034
11.6.4. Middle East & Africa Advanced Air Mobility Market Revenue (US$ Million) Estimates and Forecasts by Mode of Operation, 2021-2034
11.6.5. Middle East & Africa Advanced Air Mobility Market Revenue (US$ Million) Estimates and Forecasts by Range, 2021-2034
11.6.6. Middle East & Africa Advanced Air Mobility Market Revenue (US$ Million) Estimates and Forecasts by Application, 2021-2034
11.6.7. Middle East & Africa Advanced Air Mobility Market Revenue (US$ Million) Estimates and Forecasts by End Use, 2021-2034
Chapter 12. Competitive Landscape
12.1. Major Mergers and Acquisitions/Strategic Alliances
12.2. Company Profiles
12.2.1. Airbus S.A.S.
12.2.1.1. Business Overview
12.2.1.2. Key Product/Service
12.2.1.3. Financial Performance
12.2.1.4. Geographical Presence
12.2.1.5. Recent Developments with Business Strategy
12.2.2. Aurora Flight Sciences
12.2.3. Bell Textron Inc.
12.2.4. Embraer S.A.
12.2.5. Garmin Aviation
12.2.6. GE Aviation
12.2.7. GKN Aerospace
12.2.8. Guangzhou EHang Intelligent Technology Co. Ltd.
12.2.9. Honywell
12.2.10. Joby Aviation
12.2.11. Lilium GmbH
12.2.12. Opener, Inc.
12.2.13. Safran
12.2.14. Siemens
12.2.15. Thales Group
12.2.16. The Boeing Company
Segmentation of Advanced Air Mobility Market -
Advanced Air Mobility Market by Mode of Operation-
Advanced Air Mobility Market by Propulsion Type -
Advanced Air Mobility Market by Vehicle Type-
Advanced Air Mobility Market by Application-
Advanced Air Mobility Market by Range-
Advanced Air Mobility Market by End-use-
Advanced Air Mobility Market by Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
