Urban Air Mobility Market Size, Share & Trends Analysis Report By Vehicle Type (Piloted, Autonomous), By Application (Passenger Transport, Freighter) and By Region (North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2026-2034

Urban Air Mobility Market Size

The global urban air mobility market size was valued at USD 3.28 billion in 2025 and is projected to grow from USD 3.85 billion in 2026 to USD 13.78 billion by 2034, registering a CAGR of 17.29% during the forecast period from 2026 to 2034. North America dominated the urban air mobility market with a market share of 39.8% in 2025.

Urban Air Mobility (UAM) refers to the use of compact, highly automated aircraft to transport passengers or freight at lower altitudes in urban and suburban regions as a reaction to traffic congestion. It typically refers to existing and developing technology such as conventional helicopters, vertical-takeoff-and-landing aircraft (VTOL), electrically propelled vertical-takeoff-and-landing aircraft (eVTOL), and unmanned aerial vehicles (UAVs).

Urban air mobility is part of the Advanced Air Mobility (AAM) concept, encompassing more use cases than intracity passenger transportation. This rapidly developing mode of transportation offers seamless regional mobility, on-demand mobility in isolated and densely populated locations, efficient and environmentally responsible human and unmanned passenger and freight transport, and on-demand mobility nationwide.

Public awareness of Urban Air Mobility (UAM) services has been steadily increasing, with acceptance rising from 45% in 2020 to 60% in 2023. This growing interest in air taxis, especially in urban areas, is being driven by the challenges posed by rapid urbanization and the acceleration of technological advancements.

However, to fully realize the potential of UAM, significant investment and regulatory reforms are required to address critical concerns around safety and to build public trust in these emerging transport solutions. As cities continue to expand, UAM offers a promising alternative, but it must be supported by robust infrastructure and clear regulatory frameworks to ensure its success.

Vehicle Type Insights

The autonomous segment is projected to hold the largest market share throughout the forecast period. Companies like Wisk and EHang are pioneering the development of autonomous aircraft. While fully autonomous flight is viewed as a significant advancement by some industry experts, others recognize the existing levels of autonomy in commercial and military aviation as a precedent.

Moreover, most manufacturers plan to secure approval for pilot-operated aircraft before transitioning to fully autonomous models by the decade's end. However, the certification process for autonomous vehicles poses a complex challenge that will be a significant hurdle for manufacturers moving forward.

Request Customizationto receive a tailored report.

Applications Insights

The passenger transport segment is anticipated to hold the largest market share. Safety is a critical consideration in civil aviation, leading eVTOL manufacturers to create systems capable of both automatic and manual flight control through joystick-based interfaces. These manufacturers are also designing vehicles with varying seating capacities to cater to different customer segments. To effectively implement air mobility in urban areas, necessary infrastructure, such as vertiports for passenger boarding, will need to be developed. The emerging concept of air taxis is expected to revolutionize the market.

Speak to an Analystto discuss market opportunities.

Regional Analysis

North America is expected to dominate the global urban air mobility market, driven by initiatives from the Federal Aviation Administration (FAA) and NASA. The FAA is actively planning UAM’s development across five key areas: aircraft, airspace, operations, infrastructure, and community. In collaboration with NASA, the FAA is advancing the Advanced Air Mobility (AAM) National Campaign to streamline UAM integration.

• According to the FAA, the initial UAM infrastructure will utilize existing helicopter facilities, including routes, helipads, and Air Traffic Control (ATC) systems, as they align with UAM aircraft capabilities. In March 2022, the FAA published a draft interim guidance to facilitate the construction and operation of vertiports for eVTOL aircraft.

Strategic alliances are also shaping the UAM landscape, exemplified by United Airlines’ 2021 investment in Archer, a UAM manufacturing company aiming to raise USD 1.1 billion through a SPAC partnership. Archer is developing a pilot eVTOL aircraft with a range of 60 to 150 mph and an innovative battery pack. Such collaborations, along with strategic infrastructure developments, are expected to fuel UAM market growth in North America.

• Over 400 urban air mobility (UAM) projects are currently in development or testing phases in the U.S., reflecting the nation's advanced stage in this emerging market. Notably, more than 70% of the U.S. population has expressed interest in using air taxi services for short trips, indicating strong public enthusiasm and promising market potential.

Unlock Regional Insightsto access country-level data, & regional trends.

Europe's Market Trends

Europe is expected to grow significantly over the forecast period. Due to mobility congestion, Europe faces significant productivity losses, estimated at EUR 100 billion annually. To tackle this issue, the European Union (EU) is actively promoting UAM through the European Innovation Partnership in Smart Cities and Communities' UAM Initiative.

This initiative aims to develop UAM demonstrators across multiple cities by focusing on creating a deployment strategy and roadmap to boost public support for the UAM concept. These demonstration projects will foster collaboration among stakeholders, encourage the exchange of innovative ideas, and enhance the performance of electric vertical take-off and landing vehicles (eVTOLs).

Since 2018, 17 leading cities have participated in the UAM Initiative, establishing 12 demonstrators, including two cross-border projects involving multiple towns. The program emphasizes optimizing multimodal transport interfaces to improve travel efficiency, reduce traffic congestion, and cut CO2 emissions. By leveraging native digital applications and real-time data, UAM aims to streamline urban mobility.

• Germany is investing approximately €1.3 billion in UAM research and development through various initiatives. The country has conducted over 1,000 air taxi test flights, signaling strong government backing and a clear focus on advancing UAM technologies. This investment positions Germany as a front-runner in the UAM space in Europe.
• France has unveiled its National Drone Strategy, which includes setting a legal framework for air taxis by 2024. In Paris, more than 100 UAM prototype flights have already been tested, underscoring France's dedication to advancing its ambitions in UAM ahead of the 2024 Olympics.
• China has initiated over 30 pilot UAM projects in key cities and plans to begin commercial air taxi services by 2025. The nation aims to produce 100 eVTOL (electric Vertical Take-Off and Landing) aircraft annually by that year, showcasing its commitment to becoming a global leader in the UAM sector.
• The UK government has allocated £3 million for UAM projects in 2023 to spur innovation in air mobility. Public sentiment is favorable, with opinion polls showing that around 60% of London residents are willing to use air taxis, highlighting a positive outlook for UAM adoption.
• Japan has outlined a comprehensive program to launch air taxi services by 2025. Several companies are actively developing UAM technology, with $300 million already invested in various urban centers. The government’s strategic focus on UAM positions Japan as a key player in this space.
• The Australian Civil Aviation Safety Authority is actively designing regulatory frameworks for UAM operations and has planned pilot projects in major cities. Public interest is high, with around 65% of Australians surveyed expressing a willingness to use air taxis, creating a favorable environment for UAM development.
• The Ministry of Civil Aviation in India is exploring UAM opportunities and has announced pilot projects in urban centers. Around 55% of Indian respondents have expressed interest in air mobility solutions, with growing awareness and demand signaling strong potential for future UAM adoption.

Company Market Share

Key players in the global urban air mobility market are focusing on innovation and strategic partnerships to enhance their market presence and meet the rising demand for air mobility solutions.

Joby Aviation: A Leader in the Global Urban Air Mobility Market

Joby Aviation, a California-based company, is a prominent UAM sector player known for its electric vertical take-off and landing (eVTOL) aircraft. Recently, Joby received FAA certification for its aircraft, positioning itself for commercial operations by 2025.

The company has also secured partnerships with major players, including Uber, to develop integrated urban air transport services, solidifying its leadership position in the rapidly evolving UAM landscape.

List of Key and Emerging Players in Urban Air Mobility Market