The advanced aerial mobility market is set to grow significantly, with electric propulsion leading the charge by 2035. Europe is expected to dominate due to favorable infrastructure.
According to a recent report published by Allied Market Research, titled, “advanced aerial mobility market by mode of transportation, end-use, and propulsion type: global opportunity analysis and industry forecast, 2025–2035”, the global advanced aerial mobility market is expected to be valued at $16.81 billion in 2025, and is projected to reach $110 billion by 2035, registering a CAGR of 21.7%.
Europe will be the highest revenue contributor by 2025, followed by North America, Asia-Pacific, and LAMEA. Europe is expected to maintain its lead during the forecast period, owing to presence of favorable advanced aerial mobility infrastructure and regulations, along with presence of prominent flying cars and cargo drones making companies in the region.
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Technological and infrastructural developments associated with flying cars and cargo drones and growing demand for advanced aerial mobility solutions, owing to rapid rise in road congestion and vehicular air pollution across the globe are the major factors that are expected to propel growth of the advanced aerial mobility market during the forecast period.
Europe is expected to hold dominating position in the global market and is projected to maintain its significant growth during the forecast period. Proactive government initiatives toward development of flying cars and advancements in flying car technologies are expected to supplement the advanced aerial mobility market in Europe.
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Key Findings Of The Study
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The key players profiled in the report are AeroMobil, Airbus S.A.S., Hyundai Motor Company, Lilium, Matternet, PAL-V International B.V., The Boeing Company, Volocopter GmbH, Flytrex, and Zipline.
The article discusses the growth of the advanced aerial mobility market, focusing on electric propulsion.
Europe is expected to lead the market due to favorable infrastructure and regulations.
The autonomous segment is expected to register significant growth during the forecast period.
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