The Asia-Pacific urban air mobility market is estimated to grow at a CAGR of 12.6% during the forecast period. The Asia-Pacific 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 dominated the global urban air mobility market.
To Request a Sample of our Report on Asia-Pacific Urban Air Mobility Market: https://www.omrglobal.com/request-sample/asia-pacific-urban-air-mobility-market
Asia-Pacific is home to several emerging economies and is seen as the potential market for the UAM owing to growing urbanization coupled with increasing traffic congestion and increasing high-income groups in the region. The growth of the Asia-Pacific urban air mobility market is primarily being driven by China, Japan, Singapore, and India’s fast-paced economies and a considerable growth in the transportation and logistics sector. Australia, Korea, and Taiwan are the other countries that contribute to the market due to growing investment in smart city projects coupled with growing urbanization in these countries. Moreover, the growing e-commerce logistics sector in emerging economies such as China, India is expected to be the major factor for the growth of the Asia-Pacific urban air mobility market in the near future.
India is estimated to exhibit a significant growth rate during the forecast period. Growing urban population is one of the essential factors that can encourage the demand for urban mobility services in the country. The growing population towards urban cities further raises the traffic congestion that will create a significant demand for urban air mobility solutions in the country. Along with this in 2018, HeliTaxi service started in Bengaluru city by the Thumby Aviation Pvt. Ltd. The Helitaxi service will provide ensure quick, seamless transfers to and from airports, at a cost similar to a luxury taxi fare. Additionally, the ride-sharing company Uber is planned to start Uber Air in Mumbai, Delhi, and Bengaluru the most congestive cities in the country by 2023. In May 2019, The Indian aviation company VTOL Aviation India Pvt Ltd, partnered with IIT Kanpur planned to build a prototype of the flying taxis in five years in the country which may have great potential for the urban air mobility services in India.
(Get 15% Discount on Buying this Report)
A full Report of Asia-Pacific Urban Air Mobility Market is Available at: https://www.omrglobal.com/industry-reports/asia-pacific-urban-air-mobility-market
Asia-Pacific Urban Air Mobility Market Segmentation
By Component
- Infrastructure
- Platform
By Operation
- Piloted
- Autonomous
Regional Analysis
- China
- India
- Japan
- Rest of Asia-Pacific
Company Profiles
- Airbus SE
- Bell Textron, Inc.
- EHang
- Embraer SA
- Honeywell International, Inc.
- Lockheed Martin Corp.
- Safran S.A.
- Sumitomo Corp. Group
- Terrafugia
- Thales Group
Reasons to Buy from us –
- We cover more than 15 major industries, further segmented into more than 90 sectors.
- More than 120 countries are for analysis.
- Over 100+ paid data sources mined for investigation.
- Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/asia-pacific-urban-air-mobility-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
For More Information, Visit Orion Market Research
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
