The Latest Uam Industry Statistics Explained
The global UAM market is expected to achieve 430,000 units by 2040.
This statistic indicates the projected growth of the global Urban Air Mobility (UAM) market, forecasted to reach 430,000 units by the year 2040. Urban Air Mobility refers to the use of air transportation in urban areas for passenger and cargo transportation, typically involving vertical take-off and landing (VTOL) aircraft. The significant increase in UAM units reflects the evolving landscape of transportation technology and the increasing interest in utilizing aerial transportation for urban mobility solutions. Factors driving this growth could include advancements in technology, increasing urbanization leading to transportation challenges, and the potential benefits of faster and more efficient transportation within cities. This statistic underscores the potential for UAM to play a significant role in transforming urban transportation systems and meeting the growing demand for efficient and sustainable mobility solutions in the future.
The Urban Air Mobility (UAM) market is projected to grow at an 11.34% CAGR between 2018-2030.
The statistic stating that the Urban Air Mobility (UAM) market is projected to grow at an 11.34% compound annual growth rate (CAGR) between 2018 and 2030 indicates the anticipated rate of annual growth in this market segment over the specified period. This growth rate suggests a healthy and steady expansion in the UAM market, highlighting the increasing demand and adoption of urban air mobility solutions for transportation. Such a projection can be indicative of various factors, including technological advancements, regulatory changes, increasing urbanization, and the need for more efficient and sustainable transportation options in densely populated areas. Overall, this statistic signals a positive outlook for the UAM industry and underscores its potential for significant growth and development in the coming years.
The 2025 expected market size for UAM is estimated to be $5.32 billion.
The statistic “The 2025 expected market size for UAM is estimated to be $5.32 billion” indicates a projection of the total economic value of the Urban Air Mobility (UAM) market in the year 2025. This figure suggests that industry experts anticipate the UAM sector, which includes services like air taxis and drones for urban transportation, to generate a revenue of $5.32 billion by 2025. Such estimates are typically based on various factors such as technological advancements, regulatory developments, market demand, and economic conditions, providing valuable insights for industry stakeholders, investors, policymakers, and researchers interested in the future growth and potential of the UAM market.
By 2035, the passenger UAM market in the US is predicted to be worth over $115 billion.
This statistic predicts that by the year 2035, the market for urban air mobility (UAM) within the United States specifically for passenger services will have a significant value, estimated to be over $115 billion. Urban air mobility involves the use of air transportation systems such as drones and electric vertical takeoff and landing (eVTOL) aircraft for passengers within urban areas. The forecasted market value indicates the potential growth and lucrative nature of the UAM industry, driven by factors such as technological advancements, increasing urbanization, and the demand for more efficient and sustainable modes of transportation. This statistic highlights the anticipated economic impact and opportunities within the UAM sector in the US in the coming years.
Business models for creating UAM commercial operations will generate over $245 billion in annual revenues by 2040.
The statistic suggests that by the year 2040, the adoption of business models focused on Urban Air Mobility (UAM) commercial operations is projected to yield substantial economic benefits, with estimated annual revenues exceeding $245 billion. This indicates the significant growth potential and financial opportunities that UAM presents for various industries, such as transportation, technology, infrastructure, and services. The forecasted revenue generation underscores the anticipated expansion and mainstream integration of UAM services, which involve aerial transportation solutions like flying taxis, drone deliveries, and other urban air transport services. The statistic highlights the evolving landscape of transportation and economic sectors, demonstrating the potential for UAM to become a major revenue driver and contributor to the global economy in the coming decades.
Europe is expected to be a prominent region in the global UAM market, due to its advanced infrastructure and technology.
The statistic suggests that Europe will likely play a significant role in the global Urban Air Mobility (UAM) market. This prominence is attributed to the advanced infrastructure and technology present in the region. With well-developed transportation systems and a strong focus on innovation, Europe is poised to be a key player in the emerging UAM sector. The region’s favorable regulatory environment, established aviation industry, and investment in cutting-edge technologies further contribute to its expected prominence in the global UAM market. As UAM continues to gain traction as a viable transportation solution, Europe’s established infrastructure and technological expertise position it well to lead in this evolving market.
The global UAM market is expected to surpass $15.54 billion by 2035.
The statistic indicates that the global urban air mobility (UAM) market is projected to grow significantly over the coming years, with an expected value exceeding $15.54 billion by the year 2035. This suggests a strong trajectory of growth and advancement in the UAM industry, driven by factors such as advancements in technology, increasing urbanization, demand for efficient transportation solutions, and potential regulatory support. The projected market value reflects the anticipated adoption and integration of UAM services, such as air taxis, delivery drones, and autonomous vehicles, into urban transportation systems worldwide by 2035, indicating a promising future for the industry.
China is anticipated to capture a significant share of the Asia-Pacific UAM market by 2030.
The statistic indicates that China is expected to secure a substantial portion of the Urban Air Mobility (UAM) market in the Asia-Pacific region by the year 2030. This suggests that China is poised to become a major player in the development and deployment of UAM technologies and services such as air taxis and drone delivery systems. Factors driving this anticipation may include investments in infrastructure, regulatory support, technological advancements, and a growing market demand for innovative transportation solutions. By positioning itself as a key player in the UAM market, China stands to benefit from economic growth, job creation, and advancements in urban transportation efficiency.
In 2022, South Korea announced plans to commercialize urban air travel by 2025.
The statistic “In 2022, South Korea announced plans to commercialize urban air travel by 2025” indicates that South Korea has set a target to introduce commercial urban air travel services within its cities by the year 2025. This announcement suggests a significant advancement in transportation technology and infrastructure in the country, aiming to provide faster and more efficient means of travel within urban areas. Achieving this goal would have implications for reshaping transportation networks, reducing traffic congestion, and potentially providing new opportunities for economic growth and development in South Korea. The timeline provided gives a clear deadline for the implementation of these plans, highlighting the country’s commitment to progress in the field of urban air transportation.
Investment in UAM technology startups was predicted to exceed $8.6 billion in 2021.
The statistic stating that investment in Urban Air Mobility (UAM) technology startups was predicted to exceed $8.6 billion in 2021 indicates a growing trend in the interest and financial support for companies involved in the development of aerial transportation solutions. This significant investment reflects the increasing demand for innovative urban air mobility technologies such as drones, electric vertical take-off and landing (eVTOL) aircraft, and air taxis. As urban populations continue to grow, the need for efficient and sustainable transportation options within cities rises, driving investors to support startups that are at the forefront of revolutionizing the future of urban transportation through UAM technologies.
The market for infrastructure supporting air mobility operations is estimated to be $15B by 2026.
This statistic states that the market value of infrastructure necessary to support air mobility operations, such as heliports, airports, and related facilities, is projected to reach $15 billion by the year 2026. This suggests significant growth and investment opportunities within the air mobility industry, with a clear indication of the potential economic worth of the infrastructure supporting these operations. Such projections can be instrumental for stakeholders and investors in understanding the scale and scope of the market, as well as in making informed decisions regarding resource allocation and strategic planning to capitalize on the anticipated growth in the air mobility sector.
According to NASA, by 2030, commuters will make 500,000 trips per day on UAM aircraft in a large city.
The statistic provided by NASA predicts that by the year 2030, commuters in a large city are expected to collectively make 500,000 trips per day using Urban Air Mobility (UAM) aircraft. This projection suggests a significant increase in the utilization of UAM aircraft for everyday transportation needs within urban areas. The statistics highlight the potential growth and adoption of futuristic transport technologies in the coming decade, emphasizing the evolving landscape of transportation and the efforts to address issues of urban congestion and sustainability. It implies a shift towards more efficient and innovative modes of transport to meet the increasing demands of urban mobility.
The Asia-Pacific UAM market is predicted to hit CAGR 17% between 2021 to 2031.
This statistic indicates that the urban air mobility (UAM) market in the Asia-Pacific region is projected to experience a Compound Annual Growth Rate (CAGR) of 17% between the years 2021 and 2031. A CAGR of 17% suggests a strong and steady growth trend over the specified timeframe. This prediction highlights the increasing interest and investment in UAM technologies and services across the region, likely driven by factors such as urbanization, population growth, and the need for efficient transportation solutions. The anticipated growth in the Asia-Pacific UAM market signifies potential opportunities for industry players, policymakers, and investors to capitalize on the evolving mobility landscape in the coming decade.
The UAM market in North America is expected to have a CAGR of 20.2% from 2020 to 2030.
The statistic means that the Unmanned Aerial Vehicles (UAV) Traffic Management (UTM) market in North America is projected to experience a Compound Annual Growth Rate (CAGR) of 20.2% from the year 2020 to 2030. This indicates a strong and steady growth trend for the industry over the specified time period. The increasing adoption of UAVs, advancements in technology, regulatory support, and growing applications across various sectors such as delivery services, surveillance, and infrastructure inspection are expected to be key drivers behind this significant growth rate. As per this projection, the UAM market in North America is anticipated to expand rapidly and offer a promising investment opportunity for businesses operating within this space.
In 2020, the infrastructure segment of the UAM market accounted for a 17% revenue share.
The statistic stating that in 2020, the infrastructure segment of the UAM market accounted for a 17% revenue share indicates the proportion of total revenue generated within the UAM market that can be attributed to services and products related to infrastructure. This statistic suggests that infrastructure played a significant role in the UAM market in 2020, highlighting the importance of supporting services, such as air traffic management systems, charging infrastructure, and maintenance facilities, to the overall success and growth of urban air mobility initiatives. This information is valuable for stakeholders in the UAM market to understand the distribution of revenue across different segments and to make informed decisions regarding investments and strategic planning for the future.
The global UAM market size is expected to reach $86.83 billion by 2031.
The statistic that the global Urban Air Mobility (UAM) market size is expected to reach $86.83 billion by 2031 is a projection of the anticipated total value of the UAM industry, which includes various forms of aerial transportation services such as air taxis, drones, and autonomous flying vehicles. This figure represents the forecasted amount of revenue generated by UAM-related activities worldwide by the year 2031, reflecting the expected growth and adoption of innovative aerial mobility solutions for urban transportation. The projected market size suggests a significant expansion of the UAM sector in the coming years, driven by advancements in technology, changing consumer preferences, and the need for more efficient and sustainable transportation options in urban areas.
The global passenger drone market which is a component of UAM, was valued at $615.02 million in 2021.
The statistic indicates that in 2021, the global passenger drone market, as a part of the Urban Air Mobility (UAM) sector, had an estimated value of $615.02 million. This figure represents the total monetary worth of passenger drones being utilized for various applications such as aerial transportation, sightseeing, surveillance, and other purposes around the world. The value reflects the economic significance and growth potential of the passenger drone market within the broader UAM industry, highlighting the increasing adoption and investment in drone technology for passenger transportation and related services.
References
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2. – https://www.www.nasa.gov
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