Urban Air Mobility Companies

The urban air mobility market is estimated to be USD 4.6 billion in 2024 and is projected to reach USD 23.5 billion by 2030, at a CAGR of 31.2% between 2024 and 2030, and USD 41.5 billion by 2035, at a CAGR of 12.1% from 2030 to 2035. The Platform Volumes are expected to grow from 61,479 units in 2024 to 519,370 in 2030 to 875,438 units in 2035.

The Urban Air Mobility marketplace is a new way to think about urban transportation, using advanced aerospace technologies to move people and cargo within and around cities by air. This included the creation of small, electric VTOLs that can fly in and around urban environments without heightening congestion on the ground, cutting travel times. It comprises air taxis, shuttles, personal air vehicles, air ambulances, and cargo air vehicles-actually all those solutions that will contribute to reshaping urban mobility networks. The market is expected to grow strongly because of innovation in electric propulsion, autonomous flight systems, and a rising need for sustainable, efficient transportation options in densely populated regions.

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Major Urban Air Mobility companies include:

• Lilium Aviation Gmbh (Germany)
• Archer Aviation Inc. (US)
• Eve Holdings, Inc. (Brazil)
• Airbus (France)
• Ehang (China)

This demand for innovative mobility solutions keeps growing as more cities expand, and urbanization rates accelerate. Governments and regulatory bodies worldwide work to implement frameworks supporting development in battery storage, propulsion systems, and digital infrastructure that enable safe, cost-effective, and environmentally friendly aerial transport. Market key players are investing resources into research, testing, and certification processes to ensure scalability of such solutions, making UAM the likely disruption in global transportation ecosystems.

Key players in the market focus on developing sustainable and efficient Urban Air Mobility that can deliver comfort and safety. These players are Lilium Aviation Gmbh (Germany), Archer Aviation Inc. (US), Eve Holdings, Inc. (Brazil), Airbus (France), and Ehang (China) among others.

Lilium Aviation Gmbh

Lilium Aviation GmbH is one of the leading players in urban air mobility. Designing and manufacturing eVTOL aircraft for urban transportation, the company develops an eVTOL aircraft under the name Lilium Jets, which features a fixed-wing design with several electric ducted fans to allow for VTOL. This will give the aircraft the ability to perform efficiently in an urban environment without traditional runway requirements. Advanced aerodynamics, electric propulsion systems, and sophisticated flight control software are some of the key technologies underpinning Lilium's aircraft. The aircraft enable optimized performance, efficiency, maneuverability, and safety across every regime of flight. For Lilium Aviation GmbH, the highest levels of safety are of primary concern. The redundancy, fail-safes, and a heavy test campaign are integral to the design of the aircraft developed at the company. These include redundant motors, power systems, and flight control surfaces, complete sensor suites, and advanced avionics that allow for superior situational awareness.

Archer Aviation Inc.

Archer Aviation, Inc. is a leading aerospace company that is focused on manufacturing eVTOL aircraft that is targeting the urban air mobility market. Archer is focusing on sustainability transportation. The focus of Archer will be designing, engineering, and manufacturing fully electric eVTOL aircraft. The designs are VTOL-operational and can operate flawlessly in highly congested urban areas with minimum infrastructure. All features of Archer's designs are based on safety, reliability, and noise reduction principles. The company envisions an entirely integrated network of e-aircraft for fast, affordable transportation of passengers and products around cities. Archer aims to be much faster and more affordable, trying to change how people commute with minimal ecological footprint compared to conventional modes of transport.

Eve Holdings, Inc.

EVE Holding, Inc. is a subsidiary of Embraer, a Brazillian aircraft manufacturer. Eve is an aviation company with designing, building, and operating eVTOLs for the UAM market. Eve seeks to make transportation of people and cargo more efficient, sustainable, and dependable through innovation in air mobility. EVE currently positions itself as one of the leading companies in the eVTOL market, acting both as a designer and manufacturer of next-generation aircraft. EVE has declared that it will safely and reliably transport passengers and cargo in its aircraft. The deployed business model used by this company includes flying eVTOL aircraft as air taxis in urban transportation, targeted at rising demands in the field of urban mobility for efficient solutions.

Airbus

Airbus is one of the world's leading space and aviation products and services designers, manufacturers, and deliverers. The company has divided its operations into three: Airbus Helicopters, Airbus, and Airbus Defense and Space. In the case of Airbus Helicopters, the company deals in City Airbus eVTOLs and multiple other UAM types. It employs advanced materials in the manufacturing of the products; production processes incorporate 3D printing, composites and robots in the strength maximization for long life. Recently, the company is operating on significant research, design and development investment contributing eVTOL aircraft adapted to be used in UAM operations through the creation of sustainable and efficient air transport systems for urban areas. Committed to the innovation of eVTOL technology through advanced electric propulsion systems, autonomous flight capabilities, and design principles. eVTOL vehicles provide safe and reliable transportation through crowded urban environments.

EHang

EHang is a global technology platform company well-known to focus on AAVs. The firm prioritizes safe, eco-friendly, and autonomous air mobility for a wide class of users. It works through three business units: Air Mobility, Smart City Management, and Aerial Media Solutions; the firm provides AAV products and solutions to customers in a variety of industries. The Ehang AAV is configured with multi-rotors, distributed electric motors, and rotors, offering VTOL capability. This design dispenses with the need for conventional runways or helipads and can thus operate in an urban environment. The major core technologies in Ehang's AAVs are a flight control system featuring innovation, sensor arrays, and artificial intelligence algorithms. These systems enable it to perform autonomous navigation, real-time obstacle detection and avoidance, and highly precise flight control, hence guaranteeing safety and efficiency in operation. The business models for EHang's business entail direct ownership and operation on one hand, and partnerships with transporters and service operators on the other. The latter approach does indeed provide a path to efficient scaling of AAV deployment. EHang also develops new products and applications, keeping in view further development of its autonomous aerial technologies. Besides logistics, EHang's Air Mobility business includes passenger transportation.

Related Reports:

Urban Air Mobility Market by Mobility Type (Air Taxi, Personal Air Vehicle, Cargo Air Vehicle, Air Shuttles & Metros), Solution (Platform, Charging, Vertiport), Platform Architecture (Multicopters, Lift + Cruise), Range & Region – Global Forecast to 2035

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