The US urban air mobility market is estimated to generate a significant market value in 2018 and is estimated to grow at a CAGR of 13.1% during the forecast period. High disposable income, a large proportion of high-income groups, various product launch in the country related to market, are some of the major factors which will provide a significant opportunity to the market in the country. Other factors that contribute to the growth of the market include a large number of start-ups and companies working in the field of urban air mobility and the ability to spend a high amount on urban mobility by the people. In addition, the air ambulance industry is also expected to have a major market in the region due to insurance coverage of air ambulance in an emergency condition. Innovations by e-commerce companies such as Amazon.com in the field of logistics operations is also one of the major factors providing a significant opportunity to the market in the region.
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The US urban air mobility market is segmented on the basis of component and operation. Based on the component, the market is further segmented into infrastructure and platform. The infrastructure segment is further segmented into charging stations, traffic management, and others whereas, the platform segment is further classified into air taxi, personal air vehicle, air ambulance, and others. The platform segment is estimated to hold the largest share in the global urban air mobility market.
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US Urban Air Mobility Market Segmentation
By Component
- Infrastructure
- Platform
By Operation
- Piloted
- Autonomous
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)