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Share this article Share this article ResearchAndMarkets.com's offering. The urban air mobility industry analysis projects the market to have a significant growth of CAGR 27.37% based on the values during the forecast period from 2023 to 2035. The Asia-Pacific region is expected to dominate the market by 2035 with a share of 39.27%. The Asia-Pacific region includes China, Japan, South Korea, and Singapore, but China is expected to acquire a major share in 2035 due to the increase in the population and traffic congestion in megacities in the country. The urban air mobility market has gained h...
The Global Urban Air Mobility Market size is expected to reach USD 7.9 billion by 2030 The market is still at a nascent stage and is expected to witness the first ray of commercialization by 2023. The demand for an efficient mode of logistics and transportation is likely to stimulate demand. The increase in demand for an alternative mode of transportation in Urban Mobility is one of the key factors driving the growth of the urban air mobility market. Moreover, the demand from a multitude of businesses for an efficient mode of logistics and transportation is expected to aid in the growth of th...