Global Advanced Air Mobility
(AAM) Market Segmentation, By Vehicle Type (Electric Vertical Take-Off and
Landing (eVTOL) Aircraft {Passenger eVTOLs, Cargo eVTOLs, Medical Emergency
eVTOLs}, Electric Short Take-Off and Landing (eSTOL) Aircraft, Unmanned Aerial
Vehicles (UAVs)/Drones {Delivery Drones, Surveillance Drones, Agricultural
Drones}, Hybrid-Electric Aircraft, Autonomous Air Taxis), By Application (Passenger
Transportation, Cargo/Logistics, Emergency Services, Military & Defense, Agriculture,
Infrastructure Inspection), By Range (Short-Range (Intra-City, <100 km), Medium-Range
(Inter-City, 100–500 km), Long-Range (Regional, >500 km)), By Operation Mode
(Piloted, Autonomous, Remotely Operated), By Propulsion Type (Fully Electric, Hybrid-Electric,
Hydrogen Fuel Cell), By End User (Commercial, Government & Public Services,
Military & Defense, Industrial, Individual/Private Users)- Industry Trends
and Forecast to 2033
Global Advanced Air Mobility
(AAM) Market size was valued at USD 10761.5 million in 2024 and is expected to grow
at a CAGR of 22.5% during the forecast period of 2025 to 2033.
Global Advanced Air Mobility (AAM) Market Overview
The Advanced Air Mobility (AAM)
marketplace represents a transformative shift in transportation that specializes
in integrating modern aerial solutions consisting of electric-powered vertical
takeoff and landing (eVTOL) aircraft, city air taxis, and drone-primarily based
totally logistics into cutting-edge mobility ecosystems. Driven with the aid of
using fast urbanization, traffic congestion, and the rush for sustainable and
green travel, AAM objectives to provide faster, eco-friendly, and cost-effective
passenger and load transport. Governments and personal gamers are closely
making an investment in infrastructure like vertiports and superior air traffic
control systems. While safety, regulatory hurdles, and generation boundaries
pose challenges, AAM holds a gigantic capability to revolutionize city and
local mobility.
Global Advanced Air Mobility (AAM) Market Scope
|
Factors |
Description |
|
Years Considered |
·
Historical Period: 2020-2023 ·
Base Year: 2024 ·
Forecast Period: 2025-2033 |
|
Segments |
·
By Vehicle Type: Electric Vertical Take-Off
and Landing (eVTOL) Aircraft {Passenger eVTOLs, Cargo eVTOLs, Medical
Emergency eVTOLs}, Electric Short Take-Off and Landing (eSTOL) Aircraft,
Unmanned Aerial Vehicles (UAVs)/Drones {Delivery Drones, Surveillance Drones,
Agricultural Drones}, Hybrid-Electric Aircraft, Autonomous Air Taxis ·
By Application: Passenger Transportation,
Cargo/Logistics, Emergency Services, Military & Defense, Agriculture,
Infrastructure Inspection ·
By Range: Short-Range (Intra-City, <100
km), Medium-Range (Inter-City, 100–500 km), Long-Range (Regional, >500 km) ·
By Operation Mode: Piloted, Autonomous,
Remotely Operated ·
By Propulsion Type: Fully Electric,
Hybrid-Electric, Hydrogen Fuel Cell ·
By End User: Commercial, Government &
Public Services, Military & Defense, Industrial, Individual/Private Users |
|
Countries Catered |
North America ·
United States ·
Canada ·
Mexico Europe ·
United Kingdom ·
Germany ·
France ·
Spain ·
Italy ·
Rest of Europe Asia Pacific ·
China ·
India ·
Japan ·
Australia ·
South Korea ·
Rest of Asia Pacific Latin America ·
Brazil ·
Argentina ·
Rest of Latin America Middle East
& Africa ·
Saudi Arabia ·
South Africa ·
Rest of MEA |
|
Key Companies |
|
|
Market Trends |
·
Rapid technological advancements in battery
technology, autonomous systems, and lightweight materials ·
Expansion of partnerships between aerospace
companies, technology providers, and mobility service |
Global Advanced Air Mobility (AAM) Market Dynamics
The Advanced Air Mobility (AAM)
marketplace dynamics are being fashioned through the convergence of
urbanization, sustainability goals, and technological innovation. Increasing
visitor congestion in the most important towns is driving quicker and greater
green transportation, positioning AAM answers along with electric-powered
vertical takeoff and landing (eVTOL) aircraft, air taxis, and drone-primarily
based totally logistics as key alternatives. Governments globally are assisting
AAM via funding, pilot projects, and regulatory frameworks aimed toward
lowering carbon emissions and allowing zero-emission aviation. The enterprise
is witnessing sturdy personal zone investments, with aerospace companies,
automakers, and generation vendors taking part to increase aircraft,
vertiports, and virtual air traffic control systems. Technological improvements
in batteries, light-weight composites, and self-sustaining navigation are in
addition accelerating improvement, even though obstacles in variety and
strength density remain hurdles.
Trends along with extended
partnerships, commercialization of pilot projects, and integration with clever
metropolis infrastructure are increasing AAM's potential. Opportunities exist
in passenger transport, shipment delivery, clinical emergencies, and protection
applications, at the side of infrastructure improvement in rising markets.
However, the marketplace faces restraints along with excessive R&D and
certification costs, prolonged regulatory approval processes, and protection
worries associated with air visitors integration. Public popularity
additionally poses a challenge, with noise, privacy, and operational protection
being vital worries. Despite those barriers, the fast tempo of innovation,
authorities support, and growing awareness on sustainable transportation
position AAM as a disruptive pressure within the destiny of mobility.
Global Advanced Air Mobility
(AAM) Market Segment Analysis
The Advanced Air Mobility (AAM)
marketplace section evaluation highlights an extensive variety of automobile
types, packages, and operational fashions that are shaping the industry's boom.
By automobile type, electric-powered vertical take-off and landing (eVTOL)
planes dominate the landscape, with subcategories together with passenger
eVTOLs for city commuting, shipment eVTOLs for logistics, and scientific
emergency eVTOLs for speedy response. Electric quick take-off and landing
(eSTOL) planes cater to nearby routes with constrained infrastructure, even as
unmanned aerial vehicles (UAVs)/drones serve packages in transport,
surveillance, and agriculture. Hybrid-electric powered planes are being evolved
to increase variety, even as self-reliant air taxis constitute the long-term
vision and prescient for city mobility.
By application, passenger
transportation is predicted to maintain the most important proportion because
of growing air taxis and concrete commuting solutions. Cargo and logistics are
swiftly gaining traction, pushed through the e-trade boom and last-mile
transport challenges. Emergency offerings, together with scientific evacuations
and catastrophe response, provide life-saving packages, even as the military
and protection use instances recognition on reconnaissance and mobility.
Agriculture and infrastructure inspection in addition, make bigger AAM's
software throughout industries.
By variety, quick-variety flights
(500 km) are rising in nearby air transport, enabled through hybrid and
hydrogen gasoline-mobileular technologies. In terms of operation mode, the
marketplace spans piloted fashions for near-time period adoption, remotely
operated structures, and self-driving planes, which are gaining momentum with
advances in AI and navigation structures.
By propulsion type, absolutely
electric-powered structures dominate early-degree deployments because of
sustainability goals, even as hybrid-electric powered designs provide prolonged
flight capability. Hydrogen gasoline cells are rising as a promising long-term
solution for easy and long-distance flights. By cease user, business operators
lead adoption for passenger and logistics offerings, accompanied by authorities
and public offerings in emergency and concrete planning. Military and
protection leverage AAM for tactical operations, even as commercial customers
appoint drones for inspection. Individual/personal customers constitute a gap,
however developing section as generation will become extra accessible. This
complete segmentation displays AAM's transformative ability throughout city
mobility, logistics, protection, and sustainability.
Global Advanced Air Mobility
(AAM) Market Regional Analysis
The Advanced Air Mobility (AAM)
marketplace indicates various increase capacity throughout regions, pushed via
way of means of infrastructure readiness, regulatory frameworks, and funding
levels. North America leads the marketplace, with robust authorities assistance
from the FAA, NASA's AAM initiatives, and the presence of key players like Joby
Aviation and Archer Aviation, coupled with growing city air taxis and load
drones. Europe follows closely, supported via way of means of EASA's
revolutionary regulations, city air mobility pilot initiatives in towns like
Paris and London, and investments in eVTOL and hydrogen-powered aircraft.
Asia-Pacific is witnessing a fast increase, led via way of means of China,
Japan, and South Korea, which are actively making investments in smart cities,
drone logistics, and eVTOL infrastructure. The Middle East is likewise
emerging, with nations like the UAE pioneering air taxi trials in Dubai as a
part of futuristic delivery visions. Meanwhile, Latin America and Africa are steadily
exploring AAM for shipment and emergency services, although adoption is slower
because of infrastructure and regulatory constraints.
Global Advanced Air Mobility (AAM) Market Key Players
·
Airbus S.A.S.
·
Aurora Flight Sciences
·
Bell Textron Inc.
·
Guangzhou EHang Intelligent Technology Co. Ltd.
·
Embraer S.A.
·
Joby Aviation
·
Lilium GmbH
·
Neva Aerospace
·
Opener, Inc.
·
Vertical Aerospace Group Ltd.
Recent Developments
In May 2025, Vertical
Aerospace Group Ltd. announced the development of a new 1,000-mile
hybrid-electric VTOL variant based on its VX4 aircraft, aimed at serving
defence, logistics, and wider commercial markets. This hybrid-electric model
will significantly extend range and payload capabilities, enabling new
applications such as air ambulance services and defense missions requiring
longer endurance and higher payloads.
In March 2025, Wisk
Aero released a comprehensive paper on Advanced Air Mobility (AAM) in
Australia, highlighting the country’s potential to lead in autonomous flight
innovation. The paper emphasizes the benefits of autonomous aircraft for
enhancing connectivity in both urban and regional areas, improving safety, and
supporting sustainable transportation.
Research Methodology
At Foreclaro Global Research, our
research methodology is firmly rooted in a comprehensive and systematic
approach to market research. We leverage a blend of reliable public and
proprietary data sources, including industry reports, government publications,
company filings, trade journals, investor presentations, and credible online
databases. Our analysts critically evaluate and triangulate information to
ensure accuracy, consistency, and depth of insights. We follow a top-down and
bottom-up data modelling framework to estimate market sizes and forecasts,
supplemented by competitive benchmarking and trend analysis. Each research
output is tailored to client needs, backed by transparent data validation
practices, and continuously refined to reflect dynamic market conditions.
