The global UAM (Urban Air Mobility) infrastructure market is anticipated to achieve remarkable growth, with an estimated value of USD623.6 million by 2033, according to a recent study by ASD Reports. “The analysis further reveals that the market is poised to witness a robust compound annual growth rate (CAGR) of 20.29% during the forecast period from 2023 to 2033,” said a press release.
“The UAM infrastructure market is experiencing significant expansion propelled by the increasing advancements in eVTOL (electric Vertical Take-Off and Landing) aircraft and the urgent need for decongestion solutions in major cities worldwide. By capitalizing on emerging trends and leveraging available opportunities, businesses can tap into the substantial growth prospects presented by this thriving market.”
Nilopal Ojha, Principal Analyst, emphasizes, “In recent years, the unmanned industry has witnessed remarkable growth, driven by the expanding applications of unmanned platforms across various sectors. This shift presents a major opportunity for the development of more robust and connected UAM infrastructure, enabling seamless operations within urban landscapes. Notably, the UAM infrastructure in the United States, Japan, Australia, and Germany is continuously expanding due to their large urban populations, economic potential, and favorable business ecosystems.”
“The key players profiled in the report include Altaport, Inc., ANRA Technologies, BETA Technologies, Bluenest, Embention, Ferrovial, FEV Group, Groupe ADP, Kookiejar, ResilienX, Skyports Limited, Skyscape Corporation, Skyway, Urban-Air Port Ltd, UrbanV S.p.A, and Volatus Infrastructure, LLC.”
For more information
https://www.asdnews.com/news/aerospace/2023/07/03/explosive-growth-expected-global-uam-infrastructure-market-opportunities-abound-businesses-as-market-surges-6236m-2033?hash=74ac0d1f0d46eb0f8c1c92da1f882c46&campaignid=90186&messageid=95587&l=3&utm_source=asdnews&utm_medium=email&utm_campaign=day-z3-n1-hlb&utm_content=title
(Image:ASD News)