Urban Air Mobility (UAM) Market Size & Share 2026-2035
Market Size – By Platform Type (Passenger Air Vehicles, Cargo Air Vehicles, Specialized Service Vehicles), By Propulsion Type (Battery-electric, Hybrid-electric, Hydrogen Fuel Cell), By Operation Mode (Piloted Operations, Semi-autonomous / Remotely Supervised Operations, Fully Autonomous Operations), By Operational Range (Short Range (0–50 km), Medium Range (50–150 km), Long Range (150–300 km)), and By End User (Commercial Mobility Operators, Logistics Operators, Medical & Emergency Agencies, Private/Corporate Operators), Growth Forecast. The market forecasts are provided in terms of revenue (USD Million).
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Urban Air Mobility Market Size
The global urban air mobility market was valued at USD 2.5 billion in 2025. The market is expected to grow from USD 3.4 billion in 2026 to USD 10.5 billion in 2031 & USD 26.7 billion in 2035, at a CAGR of 25.8% during the forecast period according to the latest report published by Global Market Insights Inc.
Urban Air Mobility (UAM) Market Key Takeaways
Market Size & Growth
Regional Dominance
Key Market Drivers
Challenges
Opportunity
Key Players
The growth of the urban air mobility market is attributed to faster urban transportation services, developments in next-generation aviation technology, favorable regulatory measures that facilitate the commercialization process, increased investment and partnerships within the industry, and rising shift towards sustainability and lower emissions have driven the UAM market.
The urban air mobility market is driven by increased traffic congestion in cities leading to higher demand for advanced transportation options. According to European Union Aviation Safety Agency (EASA), UAM can enable to achieve reduction of about 15-40 minutes for average travel time per trip and up to 70%-time saving when it comes to transporting people in emergencies and medical evacuations. EASA further estimates, there will be over 340 million people living in EU cities in 2030, increasing pressure on existing transport networks. UAM systems address these challenges by offering efficient air transport solutions integrated with multimodal transportation networks, thereby supporting the commercialization and adoption of UAM services.
Additionally, growth in the urban air mobility market is further supported by increased investments and strategic collaborations, enabling faster commercialization and infrastructure developments. For example, in 2024, Joby Aviation made announcement regarding their strategic agreement with the UAE government, to launch commercial air taxi services, supporting early adoption of UAM in urban transportation networks. In addition, the development of the components of an operational ecosystem such as vertiports will further support the commercialization process in urban transportation. Such partnerships accelerate technology validation, improve deployment timelines and strengthen market confidence. Therefore, rising investments and cross-industry collaborations are driving the scaling and commercialization of UAM solutions.
The urban air mobility market increased steadily from USD 1.1 billion in 2022 and reached USD 1.9 billion in 2024, driven by the increasing need for faster transportation in congested urban areas, continuous advancements in electric and autonomous flight technologies, and supportive regulatory frameworks enabling safe commercialization. Additionally, rising investments and strategic partnerships are accelerating ecosystem development, while growing emphasis on sustainable mobility is encouraging adoption of low‑emission aerial transport solutions. Together, these factors are enabling scalable deployment and strengthening overall market growth.
Urban Air Mobility Market Trends
Urban Air Mobility Market Analysis
Based on platform type, the global urban air mobility market is segmented into passenger air vehicles, cargo air vehicles and specialized service vehicles.
Based on operation mode, the global urban air mobility market is divided into piloted operations, semi-autonomous / remotely supervised operations and fully autonomous operations.
North America Urban Air Mobility Market
North America held a share of 36.5% of urban air mobility market in 2025.
The U.S. market was valued at USD 344.6 million and USD 451.9 million in 2022 and 2023, respectively. The market size reached USD 781.8 million in 2025, growing from USD 593.7 million in 2024.
Europe Urban Air Mobility Market
Europe market accounted for USD 672.1 million in 2025 and is anticipated to show lucrative growth over the forecast period.
Germany dominates the Europe urban air mobility market, showcasing strong growth potential.
Asia Pacific Urban Air Mobility Market
The Asia Pacific market is anticipated to grow at the highest CAGR of 28% during the forecast period.
China market is estimated to grow with a significant CAGR, in the Asia Pacific market.
Middle East and Africa Urban Air Mobility Market
Saudi Arabia market to experience substantial growth in the Middle East and Africa.
Urban Air Mobility Market Share
The urban air mobility industry is led by players such as EHang, AutoFlight, Volocopter, Joby Aviation and XPeng AeroHT, which together account for 84.3% share of the global market. These companies possess strong competitive positions with their wide portfolio in transport, cargo delivery and hybrid mobility platforms, designed for efficient, safe, and scalable operations across urban and regional environments.
Their strong positioning is driven by continuous innovation in electric propulsion, aircraft design optimization, and scalable deployment models. Focus on early commercialization, operational ecosystem development, and integration of air mobility with smart city infrastructure enables these players to maintain leadership in the evolving UAM landscape.
Urban Air Mobility Market Companies
Prominent players operating in the urban air mobility industry are as mentioned below:
EHang provides fully autonomous aerial vehicle platforms focused on pilotless passenger and logistics operations. Its specialization in autonomous flight systems and centralized command-and-control platforms enables scalable urban deployment without reliance on onboard pilots.
AutoFlight focuses on high-performance eVTOL aircraft designed for long-range and heavy payload capabilities. Its offerings are centered on intercity mobility and cargo transport, emphasizing endurance, payload capacity, and extended operational range beyond typical urban use cases.
Volocopter specializes in short-range urban air taxi solutions with compact aircraft designs optimized for dense city operations. Its focus on integrating aircraft with dedicated vertiport infrastructure supports efficient, high-frequency mobility services within urban environments.
Joby Aviation delivers high-speed, long-range eVTOL aircraft designed for premium passenger transport applications. Its offerings emphasize performance, low noise operations, and integration with ride-sharing ecosystems to enable scalable commercial service models.
XPeng AeroHT focuses on hybrid mobility solutions by combining automotive and aerial technologies into flying vehicle concepts. Its approach enables personal air mobility use cases, integrating road and aerial transport within a single platform for future consumer adoption.
5.5% market share in 2025
Collective market share in 2025 is 15.7%
Urban Air Mobility Industry News
The urban air mobility market research report includes in-depth coverage of the industry with estimates and forecast in terms of revenue (USD Million) from 2022 – 2035 for the following segments:
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Market, By Platform Type
Market, By Propulsion Type
Market, By Operation Mode
Market, By Operational Range
Market, By End User
The above information is provided for the following regions and countries:
Research methodology, data sources & validation process
This report draws on a structured research process built around direct industry conversations, proprietary modelling, and rigorous cross-validation and not just desk research.
Our 6-step research process
1. Research design & analyst oversight
At GMI, our research methodology is built on a foundation of human expertise, rigorous validation, and complete transparency. Every insight, trend analysis, and forecast in our reports is developed by experienced analysts who understand the nuances of your market.
Our approach integrates extensive primary research through direct engagement with industry participants and experts, complemented by comprehensive secondary research from verified global sources. We apply quantified impact analysis to deliver dependable forecasts, while maintaining complete traceability from original data sources to final insights.
2. Primary research
Primary research forms the backbone of our methodology, contributing nearly 80% to overall insights. It involves direct engagement with industry participants to ensure accuracy and depth in analysis. Our structured interview program covers regional and global markets, with inputs from C-suite executives, directors, and subject matter experts. These interactions provide strategic, operational, and technical perspectives, enabling well-rounded insights and reliable market forecasts.
3. Data mining & market analysis
Data mining is a key part of our research process, contributing nearly 20% to the overall methodology. It involves analysing market structure, identifying industry trends, and assessing macroeconomic factors through revenue share analysis of major players. Relevant data is collected from both paid and unpaid sources to build a reliable database. This information is then integrated to support primary research and market sizing, with validation from key stakeholders such as distributors, manufacturers, and associations.
4. Market sizing
Our market sizing is built on a bottom-up approach, starting with company revenue data gathered directly through primary interviews, alongside production volume figures from manufacturers and installation or deployment statistics. These inputs are then pieced together across regional markets to arrive at a global estimate that stays grounded in actual industry activity.
5. Forecast model & key assumptions
Every forecast includes explicit documentation of:
✓ Key growth drivers and their assumed impact
✓ Restraining factors and mitigation scenarios
✓ Regulatory assumptions and policy change risk
✓ Technology adoption curve parameter
✓ Macroeconomic assumptions (GDP growth, inflation, currency)
✓ Competitive dynamics and market entry/exit expectations
6. Validation & quality assurance
The final stages involve human validation, where domain experts manually review filtered data to identify nuances and contextual errors that automated systems might miss. This expert review adds a critical layer of quality assurance, ensuring data aligns with research objectives and domain-specific standards.
Our triple-layer validation process ensures maximum data reliability:
✓ Statistical Validation
✓ Expert Validation
✓ Market Reality Check
Trust & credibility
Verified data sources
Trade publications
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Industry databases
Proprietary and third-party market databases
Regulatory filings
Government procurement records and policy documents
Academic research
University studies and specialist institution reports
Company reports
Annual reports, investor presentations, and filings
Expert interviews
C-suite, procurement leads, and technical specialists
GMI archive
13,000+ published studies across 30+ industry verticals
Trade data
Import/export volumes, HS codes, and customs records
Parameters studied & evaluated
Every data point in this report is validated through primary interviews, true bottom-up modelling, and rigorous cross-checks. Read about our research process →