The European urban air mobility market is estimated to grow at a CAGR of 11.7% during the forecast period. Europe is estimated to witness optimistic growth in the market during the forecast period, owing to the rapid urbanization and the initiatives led by the European government for urban air mobility. As per the United Nations (UN), 74% of the European population was living in urban areas in 2018. This growing urbanization has significantly increased the problems regarding road congestion and crowding, which makes transport using ground-bound vehicles highly difficult in urban settings. As per the European Innovation Partnership on Smart Cities and Communities (EIP-SCC), in the EU, traffic congestion currently costs nearly $110.9 billion a year.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
European Urban Air Mobility Market by Component
- Infrastructure
- Platform
European Urban Air Mobility Market by Operation
- Piloted
- Autonomous
Regional Analysis
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Company Profiles
- Airbus SE
- Bell Textron, Inc.
- Embraer SA
- Honeywell International, Inc.
- Kitty Hawk Corp.
- Neva Aerospace, Ltd.
- Safran S.A.
- Lilium GmbH
- Thales Group
- Volocopter GmbH
The Report Covers
- Comprehensive research methodology of the European Urban Air Mobility Market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the European Urban Air Mobility Market.
- Insights about market determinants which are stimulating the European Urban Air Mobility Market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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