The advanced air mobility market was valued at US$ 547.07 million in 2022 and is projected to reach US$ 12,730.44 million by 2030; it is expected to grow at a CAGR of 48.2% from 2022 to 2030. The evolving need for green energy-based modes of transportation is likely to remain a key advanced air mobility market trend.
Advanced Air Mobility Market Analysis
The major stakeholders in the AAM market include raw material & component suppliers, battery manufacturers, and end users. As the market for eVTOL aircraft has not been commercialized yet and still in its testing and development phase, the battery & other component manufacturers for AAM aircraft companies are also focusing on the development of new and innovative battery technologies in order to have an early mover advantage in the market as many companies are trying to enter the AAM industry.
Advanced Air Mobility Market Overview
Urban air mobility is a whole new aspect of air transport that offers new opportunities to aviation stakeholders and aiding the development of eVTOL aircrafts. Many enterprises are developing eVTOL aircraft and are backed by investors and aviation authorities. For instance, in October 2021, the U.K. Civil Aviation Authority (CAA) established a new safety-focused international consortium of eVTOL aircraft developers and operators during the HeliTech Expo in London. This new consortium is tasked with considering the safety challenges that need to be resolved to allow eVTOL aircraft and drone taxis to be commercially available in the market. In 2018, the International Civil Aviation Organization (ICAO) headquartered in Montreal, Canada, founded the non-profit organization called Ambular. The goal of Ambular is to develop an open source eVTOL emergency medical services (EMS) aircraft. eVTOL aircraft technologies are currently being developed and experimented. However, challenges such as ground infrastructure, economical costs or energy density of batteries would need to be overcome by the players operating in the advanced air mobility market
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Advanced Air Mobility Market: Strategic Insights
Market Size Value in US$ 547.07 million in 2022 Market Size Value by US$ 12,730.44 million by 2030 Growth rate CAGR of 48.2% from 2022 to 2030 Forecast Period 2022-2030 Base Year 2022
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Advanced Air Mobility Market: Strategic Insights
| Market Size Value in | US$ 547.07 million in 2022 |
| Market Size Value by | US$ 12,730.44 million by 2030 |
| Growth rate | CAGR of 48.2% from 2022 to 2030 |
| Forecast Period | 2022-2030 |
| Base Year | 2022 |
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Advanced Air Mobility Market Drivers and Opportunities
The advent of Small Unmanned Systems for Cargo Deliveries
The technological advancement in the field of air mobility is driving the development of small, unmanned drones for cargo deliveries. The increasing demand for speedy same-day delivery of shipments and the need for delivering essential supplies in unreachable and remote locations are boosting the demand for small, unmanned drones. The unmanned aerial drones can be used to deliver a range of cargo, which primarily includes spare parts, commercial goods, medical supplies, food items and vaccines. In addition, unmanned aerial drones can also be used to deliver postal in remote construction or offshore sites. The increasing proliferation of unmanned drones in the logistics and freight services. For instance, in 2022, Skye Air Mobility collaborated with Dunzo to test and trial drone-driven food delivery services in Karnataka. In 2022, Swiggy collaborated with Garuda Aerospace to trial drones to deliver groceries in Bengaluru and Delhi NCR. Cargo drones are also gaining momentum as it is a viable option to mitigate the carbon footprint and lower the level of environmental pollution. Growing focus on lowering the carbon footprint in the logistics and aviation sector is boosting the development of cargo drones globally. For instance, in 2021, Leonardo S.p.A. completed the first trial of its "Sumeri Moderni" drone-based delivery in Turin. In 2022, FedEx Corp. collaborated with Elroy Air to trial their autonomous eVTOL air cargo system for middle-mile logistics operations by 2023.
Rising Construction of Vertiports – An Opportunity in the Advanced Air Mobility Market
Vertiports are centers for vertical takeoff and landing vehicles such as eVTOL vehicles, drones, and air taxis. The increasing demand for competent urban transportation and developments in eVTOL technology and the shortage of available land to build conventional vertiports fuel the need for advanced vertiports, which, in a way, is one of the landmarks for the advanced air mobility market globally. In 2022, VPorts declared to establish a network of vertiports in Quebec and to form corridors between Quebec and the US specifically for eVTOL aircraft. The company also aimed at starting eVTOL test flights in 2023. In 2023, Siemens and Skyway collaborated to ensure the digital and electrical infrastructure required to facilitate vertiport operations. In 2023, Ferrovial Airports collaborated with Eva Air Mobility to develop vertiports for eVTOL aircraft. The growing demand for sustainable and low-carbon emission approaches in the aviation and logistics sector boost the demand for advanced air mobility services.
Advanced Air Mobility Market Report Segmentation Analysis
Key segments that contributed to the derivation of the advanced air mobility market analysis are component, operation mode, propulsion type, and end use.
- Based on component, the advanced air mobility market is divided into hardware and software. The hardware segment held a larger market share in 2022.
- Based on operation mode, the market is segmented into piloted and autonomous. The piloted segment held a larger market share in 2022.
- In terms of propulsion type, the market is segmented into fully electric and hybrid. The fully electric segment dominated the market in 2022.
- Based on end use, the market is segmented into passenger and cargo. The passenger segment held a larger market share in 2022.
Advanced Air Mobility Market Share Analysis by Geography
The geographic scope of the advanced air mobility market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South America.
In 2023, North America accounted for a major share in the global advanced air mobility market followed by Europe and Asia Pacific. Geographic diversification across different North American countries and the presence of major aircraft manufacturers, such as Bell Textron Inc, Joby Aviation, and Kitty Hawk, are the major factors driving the sales of eVTOL aircraft in North America. The US Air Force had officially introduced its Agility Prime initiative to accelerate the growth of eVTOL technology. The growing competition in the market is mainly focusing on achieving the US Federal Aviation Administration aircraft certification and entering commercial service. In April 2022, Jaunt Air Mobility attracted two new private investors to help fund its plans to bring a four-passenger eVTOL aircraft to commercialize in 2026. Thus, such developments in eVTOL aircraft are fueling the market growth of advanced air mobility in North America.
Advanced Air Mobility Market Report Scope
Advanced Air Mobility Market News and Recent Developments
The advanced air mobility market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for innovations, business expansion, and strategies:
- In 2023, Thales Group partnered with Eve Mobility for eVTOL development. Thales announced to support the development of its electric vertical take-off and landing aircraft in Brazil. The strategic partnership involves a series of joint studies over a twelve-month period, which started in January 2022, on the technical, economical, and adaptable feasibility of a 100% electrically powered aircraft. (Source: Thales Group, Press Release)
- In 2023, Joby received a Special Airworthiness Certificate for the first aircraft built at its Pilot Production Line in Marina, CA, allowing flight testing to begin; The aircraft is expected to become the first ever eVTOL aircraft to be delivered to a customer; Production line and aircraft built in close collaboration with strategic partner and investor, Toyota; California Governor Gavin Newsom visited Joby to mark the occasion. (Source: Joby Aviation, Newsletter)
Advanced Air Mobility Market Report Coverage and Deliverables
The “Advanced Air Mobility Market Size and Forecast (2020–2030)” report provides a detailed analysis of the market covering the following areas:
- Advanced Air Mobility Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Advanced Air Mobility Market trends
- Detailed Porter’s Five Forces
- Advanced Air Mobility Market analysis covering key market trends, Global and regional framework, major players, regulations, and recent market developments
- Advanced Air Mobility (AAM) Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Component, Operation Mode, Propulsion Type, and End Use
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Advanced Air Mobility Market Landscape
4.1 Overview
4.2 Porter’s Analysis
4.3 Ecosystem Analysis
5. Advanced Air Mobility Market - Key Industry Dynamics
5.1 Advanced Air Mobility Market - Key Industry Dynamics
5.2 Market Drivers
5.2.1 Embracing Air Taxis Owing to the Advancement of Urban Air Mobility
5.2.2 Growing advent of small unmanned systems for cargo deliveries
5.2.3 Advancement of Electric Propulsion-Based eVTOL Aircraft
5.3 Market Restraints
5.3.1 Required Certification and Qualification Challenges for Market Vendors
5.4 Market Opportunities
5.4.1 Rising Construction of Vertiports
5.4.2 Demand for Last-Mile Delivery
5.5 Future Trends
5.5.1 Evolving Necessity for Green Energy-Based Mode of Transportation
5.6 Impact of Drivers and Restraints:
6. Advanced Air Mobility Market - Global Market Analysis
6.1 Advanced Air Mobility Market Revenue (US$ Million), 2022 – 2030
6.2 Advanced Air Mobility Market Forecast and Analysis
7. Advanced Air Mobility Market Analysis – Component
7.1 Overview
7.1.1 Advanced Air Mobility Market, By Component (2022 and 2030)
7.2 Hardware
7.2.1 Overview
7.2.2 Hardware Market, Revenue and Forecast to 2030 (US$ Million)
7.3 Software
7.3.1 Overview
7.3.2 Software Market, Revenue and Forecast to 2030 (US$ Million)
8. Advanced Air Mobility Market Analysis – Operation Mode
8.1 Overview
8.1.1 Advanced Air Mobility Market, By Operation Mode (2022 and 2030)
8.2 Piloted
8.2.1 Overview
8.2.2 Piloted Market, Revenue and Forecast to 2030 (US$ Million)
8.3 Autonomous
8.3.1 Overview
8.3.2 Autonomous Market, Revenue and Forecast to 2030 (US$ Million)
9. Advanced Air Mobility Market Analysis – End Use
9.1 Overview
9.1.1 Advanced Air Mobility Market, By End Use (2022 and 2030)
9.2 Passenger
9.2.1 Overview
9.2.2 Passenger Market, Revenue and Forecast to 2030 (US$ Million)
9.3 Cargo
9.3.1 Overview
9.3.2 Cargo Market, Revenue and Forecast to 2030 (US$ Million)
10. Advanced Air Mobility Market Analysis – Propulsion Type
10.1 Overview
10.1.1 Advanced Air Mobility Market, By Propulsion Type (2022 and 2030)
10.2 Fully Electric
10.2.1 Overview
10.2.2 Fully Electric Market, Revenue and Forecast to 2030 (US$ Million)
10.3 Hybrid
10.3.1 Overview
10.3.2 Hybrid Market, Revenue and Forecast to 2030 (US$ Million)
11. Advanced Air Mobility Market - Geographical Analysis
11.1 Overview
11.2 North America
11.2.1 North America Advanced Air Mobility Market Overview
11.2.2 North America Advanced Air Mobility Market Revenue and Forecasts to 2030 (US$ Mn)
11.2.3 North America Advanced Air Mobility Market Breakdown by Component
11.2.3.1 North America Advanced Air Mobility Market Revenue and Forecasts and Analysis - By Component
11.2.4 North America Advanced Air Mobility Market Breakdown by Operation Mode
11.2.4.1 North America Advanced Air Mobility Market Revenue and Forecasts and Analysis - By Operation Mode
11.2.5 North America Advanced Air Mobility Market Breakdown by End Use
11.2.5.1 North America Advanced Ar Mobility Market Revenue and Forecasts and Analysis - By End Use
11.2.6 North America Advanced Air Mobility Market Breakdown by Propulsion Type
11.2.6.1 North America Advanced Air Mobility Market Revenue and Forecasts and Analysis - By Propulsion Type
11.2.7 North America Advanced Air Mobility Market Revenue and Forecasts and Analysis - By Country
11.2.7.1 US Advanced Air Mobility Market Revenue and Forecasts to 2030 (US$ Mn)
11.2.7.1.1 US Advanced Air Mobility Market Breakdown by Component
11.2.7.1.2 US Advanced Air Mobility Market Breakdown by Operation Mode
11.2.7.1.3 US Advanced Air Mobility Market Breakdown by End Use
11.2.7.1.4 US Advanced Air Mobility Market Breakdown by Propulsion Type
11.2.7.2 Canada Advanced Air Mobility Market Revenue and Forecasts to 2030 (US$ Mn)
11.2.7.2.1 Canada Advanced Air Mobility Market Breakdown by Component
11.2.7.2.2 Canada Advanced Air Mobility Market Breakdown by Operation Mode
11.2.7.2.3 Canada Advanced Air Mobility Market Breakdown by End Use
11.2.7.2.4 Canada Advanced Air Mobility Market Breakdown by Propulsion Type
11.2.7.3 Mexico Advanced Air Mobility Market Revenue and Forecasts to 2030 (US$ Mn)
11.2.7.3.1 Mexico Advanced Air Mobility Market Breakdown by Component
11.2.7.3.2 Mexico Advanced Air Mobility Market Breakdown by Operation Mode
11.2.7.3.3 Mexico Advanced Air Mobility Market Breakdown by End Use
11.2.7.3.4 Mexico Advanced Air Mobility Market Breakdown by Propulsion Type
11.3 Europe
11.3.1 Europe Advanced Air Mobility Market Overview
11.3.2 Europe Advanced Air Mobility Market Revenue and Forecasts to 2030 (US$ Mn)
11.3.3 Europe Advanced Air Mobility Market Breakdown by Component
11.3.3.1 Europe Advanced Air Mobility Market Revenue and Forecasts and Analysis - By Component
11.3.4 Europe Advanced Air Mobility Market Breakdown by Operation Mode
11.3.4.1 Europe Advanced Air Mobility Market Revenue and Forecasts and Analysis - By Operation Mode
11.3.5 Europe Advanced Air Mobility Market Breakdown by End Use
11.3.5.1 Europe Advanced Air Mobility Market Revenue and Forecasts and Analysis - By End Use
11.3.6 Europe Advanced Air Mobility Market Breakdown by Propulsion Type
11.3.6.1 Europe Advanced Air Mobility Market Revenue and Forecasts and Analysis - By Propulsion Type
11.3.7 Europe Advanced Air Mobility Market Revenue and Forecasts and Analysis - By Country
11.3.7.1 Germany Advanced Air Mobility Market Revenue and Forecasts to 2030 (US$ Mn)
11.3.7.1.1 Germany Advanced Air Mobility Market Breakdown by Component
11.3.7.1.2 Germany Advanced Air Mobility Market Breakdown by Operation Mode
11.3.7.1.3 Germany Advanced Air Mobility Market Breakdown by End Use
11.3.7.1.4 Germany Advanced Air Mobility Market Breakdown by Propulsion Type
11.3.7.2 France Advanced Air Mobility Market Revenue and Forecasts to 2030 (US$ Mn)
11.3.7.2.1 France Advanced Air Mobility Market Breakdown by Component
11.3.7.2.2 France Advanced Air Mobility Market Breakdown by Operation Mode
11.3.7.2.3 France Advanced Air Mobility Market Breakdown by End Use
11.3.7.2.4 France Advanced Air Mobility Market Breakdown by Propulsion Type
11.3.7.3 Italy Advanced Air Mobility Market Revenue and Forecasts to 2030 (US$ Mn)
11.3.7.3.1 Italy Advanced Air Mobility Market Breakdown by Component
11.3.7.3.2 Italy Advanced Air Mobility Market Breakdown by Operation Mode
11.3.7.3.3 Italy Advanced Air Mobility Market Breakdown by End Use
11.3.7.3.4 Italy Advanced Air Mobility Market Breakdown by Propulsion Type
11.3.7.4 UK Advanced Air Mobility Market Revenue and Forecasts to 2030 (US$ Mn)
11.3.7.4.1 UK Advanced Air Mobility Market Breakdown by Component
11.3.7.4.2 UK Advanced Air Mobility Market Breakdown by Operation Mode
11.3.7.4.3 UK Advanced Air Mobility Market Breakdown by End Use
11.3.7.4.4 UK Advanced Air Mobility Market Breakdown by Propulsion Type
11.3.7.5 Russia Advanced Air Mobility Market Revenue and Forecasts to 2030 (US$ Mn)
11.3.7.5.1 Russia Advanced Air Mobility Market Breakdown by Component
11.3.7.5.2 Russia Advanced Air Mobility Market Breakdown by Operation Mode
11.3.7.5.3 Russia Advanced Air Mobility Market Breakdown by End Use
11.3.7.5.4 Russia Advanced Air Mobility Market Breakdown by Propulsion Type
11.3.7.6 Rest of Europe Advanced Air Mobility Market Revenue and Forecasts to 2030 (US$ Mn)
11.3.7.6.1 Rest of Europe Advanced Air Mobility Market Breakdown by Component
11.3.7.6.2 Rest of Europe Advanced Air Mobility Market Breakdown by Operation Mode
11.3.7.6.3 Rest of Europe Advanced Air Mobility Market Breakdown by End Use
11.3.7.6.4 Rest of Europe Advanced Air Mobility Market Breakdown by Propulsion Type
11.4 Asia Pacific
11.4.1 Asia Pacific Advanced Air Mobility Market Overview
11.4.2 Asia Pacific Advanced Air Mobility Market Revenue and Forecasts to 2030 (US$ Mn)
11.4.3 Asia Pacific Advanced Air Mobility Market Breakdown by Component
11.4.3.1 Asia Pacific Advanced Air Mobility Market Revenue and Forecasts and Analysis - By Component
11.4.4 Asia Pacific Advanced Air Mobility Market Breakdown by Operation Mode
11.4.4.1 Asia Pacific Advanced Air Mobility Market Revenue and Forecasts and Analysis - By Operation Mode
11.4.5 Asia Pacific Advanced Air Mobility Market Breakdown by End Use
11.4.5.1 Asia Pacific Advanced Air Mobility Market Revenue and Forecasts and Analysis - By End Use
11.4.6 Asia Pacific Advanced Air Mobility Market Breakdown by Propulsion Type
11.4.6.1 Asia Pacific Advanced Air Mobility Market Revenue and Forecasts and Analysis - By Propulsion Type
11.4.7 Asia Pacific Advanced Air Mobility Market Revenue and Forecasts and Analysis - By Country
11.4.7.1 Australia Advanced Air Mobility Market Revenue and Forecasts to 2030 (US$ Mn)
11.4.7.1.1 Australia Advanced Air Mobility Market Breakdown by Component
11.4.7.1.2 Australia Advanced Air Mobility Market Breakdown by Operation Mode
11.4.7.1.3 Australia Advanced Air Mobility Market Breakdown by End Use
11.4.7.1.4 Australia Advanced Air Mobility Market Breakdown by Propulsion Type
11.4.7.2 China Advanced Air Mobility Market Revenue and Forecasts to 2030 (US$ Mn)
11.4.7.2.1 China Advanced Air Mobility Market Breakdown by Component
11.4.7.2.2 China Advanced Air Mobility Market Breakdown by Operation Mode
11.4.7.2.3 China Advanced Air Mobility Market Breakdown by End Use
11.4.7.2.4 China Advanced Air Mobility Market Breakdown by Propulsion Type
11.4.7.3 Japan Advanced Air Mobility Market Revenue and Forecasts to 2030 (US$ Mn)
11.4.7.3.1 Japan Advanced Air Mobility Market Breakdown by Component
11.4.7.3.2 Japan Advanced Air Mobility Market Breakdown by Operation Mode
11.4.7.3.3 Japan Advanced Air Mobility Market Breakdown by End Use
11.4.7.3.4 Japan Advanced Air Mobility Market Breakdown by Propulsion Type
11.4.7.4 South Korea Advanced Air Mobility Market Revenue and Forecasts to 2030 (US$ Mn)
11.4.7.4.1 South Korea Advanced Air Mobility Market Breakdown by Component
11.4.7.4.2 South Korea Advanced Air Mobility Market Breakdown by Operation Mode
11.4.7.4.3 South Korea Advanced Air Mobility Market Breakdown by End Use
11.4.7.4.4 South Korea Advanced Air Mobility Market Breakdown by Propulsion Type
11.4.7.5 India Advanced Air Mobility Market Revenue and Forecasts to 2030 (US$ Mn)
11.4.7.5.1 India Advanced Air Mobility Market Breakdown by Component
11.4.7.5.2 India Advanced Air Mobility Market Breakdown by Operation Mode
11.4.7.5.3 India Advanced Air Mobility Market Breakdown by End Use
11.4.7.5.4 India Advanced Air Mobility Market Breakdown by Propulsion Type
11.4.7.6 Rest of APAC Advanced Air Mobility Market Revenue and Forecasts to 2030 (US$ Mn)
11.4.7.6.1 Rest of APAC Advanced Air Mobility Market Breakdown by Component
11.4.7.6.2 Rest of APAC Advanced Air Mobility Market Breakdown by Operation Mode
11.4.7.6.3 Rest of APAC Advanced Air Mobility Market Breakdown by End Use
11.4.7.6.4 Rest of APAC Advanced Air Mobility Market Breakdown by Propulsion Type
11.5 Rest of the World
11.5.1 Rest of the World Advanced Air Mobility Market Overview
11.5.2 Rest of the World Advanced Air Mobility Market Revenue and Forecasts to 2030 (US$ Mn)
11.5.3 Rest of the World Advanced Air Mobility Market Breakdown by Component
11.5.3.1 Rest of the World Advanced Air Mobility Market Revenue and Forecasts and Analysis - By Component
11.5.4 Rest of the World Advanced Air Mobility Market Breakdown by Operation Mode
11.5.4.1 Rest of the World Advanced Air Mobility Market Revenue and Forecasts and Analysis - By Operation Mode
11.5.5 Rest of the World Advanced Air Mobility Market Breakdown by End Use
11.5.5.1 Rest of the World Advanced Air Mobility Market Revenue and Forecasts and Analysis - By End Use
11.5.6 Rest of the World Advanced Air Mobility Market Breakdown by Propulsion Type
11.5.6.1 Rest of the World Advanced Air Mobility Market Revenue and Forecasts and Analysis - By Propulsion Type
11.5.7 Rest of the World Advanced Air Mobility Market Revenue and Forecasts and Analysis - By Country
11.5.7.1 Middle East & Africa Advanced Air Mobility Market Revenue and Forecasts to 2030 (US$ Mn)
11.5.7.1.1 Middle East & Africa Advanced Air Mobility Market Breakdown by Component
11.5.7.1.2 Middle East & Africa Advanced Air Mobility Market Breakdown by Operation Mode
11.5.7.1.3 Middle East & Africa Advanced Air Mobility Market Breakdown by End Use
11.5.7.1.4 Middle East & Africa Advanced Air Mobility Market Breakdown by Propulsion Type
11.5.7.2 South America Advanced Air Mobility Market Revenue and Forecasts to 2030 (US$ Mn)
11.5.7.2.1 South America Advanced Air Mobility Market Breakdown by Component
11.5.7.2.2 South America Advanced Air Mobility Market Breakdown by Operation Mode
11.5.7.2.3 South America Advanced Air Mobility Market Breakdown by End Use
11.5.7.2.4 South America Advanced Air Mobility Market Breakdown by Propulsion Type
12. Advanced Air Mobility Market – Impact of COVID-19 Pandemic
12.1 Pre & Post Covid-19 Impact
13. Competitive Landscape
13.1 Company Positioning & Concentration
14. Industry Landscape
14.1 Overview
14.1.1 Market Initiative
14.1.2 New Product Development
14.1.3 Merger and Acquisition
1. Company Profiles
1.1 Airbus SE
1.1.1 Key Facts
1.1.2 Business Description
1.1.3 Products and Services
1.1.4 Financial Overview
1.1.5 SWOT Analysis
1.1.6 Key Developments
1.2 EHang Holdings Ltd
1.2.1 Key Facts
1.2.2 Business Description
1.2.3 Products and Services
1.2.4 Financial Overview
1.2.5 SWOT Analysis
1.2.6 Key Developments
1.3 Bell Textron Inc.
1.3.1 Key Facts
1.3.2 Business Description
1.3.3 Products and Services
1.3.4 Financial Overview
1.3.5 SWOT Analysis
1.3.6 Key Developments
1.4 The Boeing Co
1.4.1 Key Facts
1.4.2 Business Description
1.4.3 Products and Services
1.4.4 Financial Overview
1.4.5 SWOT Analysis
1.4.6 Key Developments
1.5 Embraer SA
1.5.1 Key Facts
1.5.2 Business Description
1.5.3 Products and Services
1.5.4 Financial Overview
1.5.5 SWOT Analysis
1.5.6 Key Developments
1.6 Elbit Systems Ltd
1.6.1 Key Facts
1.6.2 Business Description
1.6.3 Products and Services
1.6.4 Financial Overview
1.6.5 SWOT Analysis
1.6.6 Key Developments
1.7 Volocopter GmbH
1.7.1 Key Facts
1.7.2 Business Description
1.7.3 Products and Services
1.7.4 Financial Overview
1.7.5 SWOT Analysis
1.7.6 Key Developments
1.8 Joby Aviation Inc.
1.8.1 Key Facts
1.8.2 Business Description
1.8.3 Products and Services
1.8.4 Financial Overview
1.8.5 SWOT Analysis
1.8.6 Key Developments
1.9 Lilium GmbH
1.9.1 Key Facts
1.9.2 Business Description
1.9.3 Products and Services
1.9.4 Financial Overview
1.9.5 SWOT Analysis
1.9.6 Key Developments
1.10 Archer Aviation Inc.
1.10.1 Key Facts
1.10.2 Business Description
1.10.3 Products and Services
1.10.4 Financial Overview
1.10.5 SWOT Analysis
1.10.6 Key Developments
2. Appendix
2.1 About The Insight Partners
List of Tables
Table 1. Advanced Air Mobility Market Segmentation
Table 2. Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Million)
Table 3. Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Million) – Component
Table 4. Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Million) – Operation Mode
Table 5. Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Million) – End Use
Table 6. Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Million) – Propulsion Type
Table 7. North America Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 8. North America Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Operation Mode
Table 9. North America Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By End Use
Table 10. North America Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Propulsion Type
Table 11. US Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 12. US Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Operation Mode
Table 13. US Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By End Use
Table 14. US Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Propulsion Type
Table 15. Canada Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 16. Canada Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Operation Mode
Table 17. Canada Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By End Use
Table 18. Canada Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Propulsion Type
Table 19. Mexico Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 20. Mexico Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Operation Mode
Table 21. Mexico Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By End Use
Table 22. Mexico Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Propulsion Type
Table 23. Europe Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 24. Europe Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Operation Mode
Table 25. Europe Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By End Use
Table 26. Europe Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Propulsion Type
Table 27. Germany Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 28. Germany Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Operation Mode
Table 29. Germany Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By End Use
Table 30. Germany Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Propulsion Type
Table 31. France Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 32. France Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Operation Mode
Table 33. France Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By End Use
Table 34. France Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Propulsion Type
Table 35. Italy Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 36. Italy Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Operation Mode
Table 37. Italy Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By End Use
Table 38. Italy Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Propulsion Type
Table 39. UK Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 40. UK Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Operation Mode
Table 41. UK Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By End Use
Table 42. UK Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Propulsion Type
Table 43. Russia Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 44. Russia Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Operation Mode
Table 45. Russia Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By End Use
Table 46. Russia Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Propulsion Type
Table 47. Rest of Europe Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 48. Rest of Europe Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Operation Mode
Table 49. Rest of Europe Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By End Use
Table 50. Rest of Europe Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Propulsion Type
Table 51. Asia Pacific Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 52. Asia Pacific Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Operation Mode
Table 53. Asia Pacific Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By End Use
Table 54. Asia Pacific Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Propulsion Type
Table 55. Australia Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 56. Australia Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Operation Mode
Table 57. Australia Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By End Use
Table 58. Australia Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Propulsion Type
Table 59. China Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 60. China Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Operation Mode
Table 61. China Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By End Use
Table 62. China Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Propulsion Type
Table 63. Japan Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 64. Japan Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Operation Mode
Table 65. Japan Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By End Use
Table 66. Japan Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Propulsion Type
Table 67. South Korea Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 68. South Korea Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Operation Mode
Table 69. South Korea Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By End Use
Table 70. South Korea Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Propulsion Type
Table 71. India Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 72. India Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Operation Mode
Table 73. India Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By End Use
Table 74. India Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Propulsion Type
Table 75. Rest of APAC Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 76. Rest of APAC Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Operation Mode
Table 77. Rest of APAC Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By End Use
Table 78. Rest of APAC Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Propulsion Type
Table 79. Rest of the World Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 80. Rest of the World Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Operation Mode
Table 81. Rest of the World Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By End Use
Table 82. Rest of the World Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Propulsion Type
Table 83. Middle East & Africa Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 84. Middle East & Africa Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Operation Mode
Table 85. Middle East & Africa Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By End Use
Table 86. Middle East & Africa Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Propulsion Type
Table 87. South America Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Component
Table 88. South America Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Operation Mode
Table 89. South America Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By End Use
Table 90. South America Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn) – By Propulsion Type
List of Figures
Figure 1. Advanced Air Mobility Market Segmentation, By Geography
Figure 2. Porter’s Analysis
Figure 3. Ecosystem: Advanced Air Mobility Market
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. Advanced Air Mobility Market Breakdown by Geography, 2022 and 2030 (%)
Figure 6. Advanced Air Mobility Market Revenue (US$ Million), 2022 – 2030
Figure 7. Advanced Air Mobility Market Share (%) – Component, 2022 and 2030
Figure 8. Hardware Market Revenue and Forecasts To 2030 (US$ Million)
Figure 9. Software Market Revenue and Forecasts To 2030 (US$ Million)
Figure 10. Advanced Air Mobility Market Share (%) – Operation Mode, 2022 and 2030
Figure 11. Piloted Market Revenue and Forecasts To 2030 (US$ Million)
Figure 12. Autonomous Market Revenue and Forecasts To 2030 (US$ Million)
Figure 13. Advanced Air Mobility Market Share (%) – End Use, 2022 and 2030
Figure 14. Passenger Market Revenue and Forecasts To 2030 (US$ Million)
Figure 15. Cargo Market Revenue and Forecasts To 2030 (US$ Million)
Figure 16. Advanced Air Mobility Market Share (%) – Propulsion Type, 2022 and 2030
Figure 17. Fully Electric Market Revenue and Forecasts To 2030 (US$ Million)
Figure 18. Hybrid Market Revenue and Forecasts To 2030 (US$ Million)
Figure 19. Advanced Air Mobility Market Breakdown by Region, 2022 and 2030 (%)
Figure 20. North America Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 21. North America Advanced Air Mobility Market Breakdown by Component (2022 and 2030)
Figure 22. North America Advanced Air Mobility Market Breakdown by Operation Mode (2022 and 2030)
Figure 23. North America Advanced Air Mobility Market Breakdown by End Use (2022 and 2030)
Figure 24. North America Advanced Air Mobility Market Breakdown by Propulsion Type (2022 and 2030)
Figure 25. North America Advanced Air Mobility Market Breakdown by Country (2022 and 2030)
Figure 26. US Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 27. Canada Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 28. Mexico Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 29. Europe Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 30. Europe Advanced Air Mobility Market Breakdown by Component (2022 and 2030)
Figure 31. Europe Advanced Air Mobility Market Breakdown by Operation Mode (2022 and 2030)
Figure 32. Europe Advanced Air Mobility Market Breakdown by End Use (2022 and 2030)
Figure 33. Europe Advanced Air Mobility Market Breakdown by Propulsion Type (2022 and 2030)
Figure 34. Europe Advanced Air Mobility Market Breakdown by Country (2022 and 2030)
Figure 35. Germany Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 36. France Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 37. Italy Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 38. UK Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 39. Russia Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 40. Rest of Europe Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 41. Asia Pacific Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 42. Asia Pacific Advanced Air Mobility Market Breakdown by Component (2022 and 2030)
Figure 43. Asia Pacific Advanced Air Mobility Market Breakdown by Operation Mode (2022 and 2030)
Figure 44. Asia Pacific Advanced Air Mobility Market Breakdown by End Use (2022 and 2030)
Figure 45. Asia Pacific Advanced Air Mobility Market Breakdown by Propulsion Type (2022 and 2030)
Figure 46. Asia Pacific Advanced Air Mobility Market Breakdown by Country (2022 and 2030)
Figure 47. Australia Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 48. China Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 49. Japan Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 50. South Korea Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 51. India Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 52. Rest of APAC Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 53. Rest of the World Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 54. Rest of the World Advanced Air Mobility Market Breakdown by Component (2022 and 2030)
Figure 55. Rest of the World Advanced Air Mobility Market Breakdown by Operation Mode (2022 and 2030)
Figure 56. Rest of the World Advanced Air Mobility Market Breakdown by End Use (2022 and 2030)
Figure 57. Rest of the World Advanced Air Mobility Market Breakdown by Propulsion Type (2022 and 2030)
Figure 58. Rest of the World Advanced Air Mobility Market Breakdown by Country (2022 and 2030)
Figure 59. Middle East & Africa Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 60. South America Advanced Air Mobility Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 61. Company Positioning & Concentration
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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