From GlobeNewswire: 2024-05-17 10:00:00

The Global Advanced Air Mobility Market is projected to reach USD 51.6 billion by 2033, growing at a CAGR of 18.69%. This industry is focused on innovative aerial transportation solutions like eVTOL planes and drones, driven by urbanisation, population growth, and technological advancements. North America leads in market development, while Asia Pacific sees the fastest growth.

The surveillance and monitoring segment dominates the Advanced Air Mobility market, offering better security solutions in densely populated areas. Drones lead in market share, utilized in agriculture, construction, and logistics. North America hosts companies driving innovation, while the Asia-Pacific region is prioritizing infrastructure development to support Advanced Air Mobility operations.

Key players in the Global Advanced Air Mobility Market include Airbus, Boeing, Bell Textron, and others. Recent partnerships like Skyway Technologies Corp. with Moonware Inc. aim to provide efficient air mobility solutions. Market segmentation includes analysis by type, application, and region, with North America and Asia Pacific showing significant growth potential.



Read more at GlobeNewswire: Global Advanced Air Mobility Market Size To Worth USD 51.6