Product Code: GVR-4-68040-099-6
Advanced Air Mobility Market Growth & Trends:
The global advanced air mobility market size is estimated to reach USD 137.11 billion by 2035, registering a CAGR of 25.5% from 2025 to 2035, according to a new report by Grand View Research, Inc. The development of flight technologies and modern aircraft designs is anticipated to add to the demand in the market. Moreover, the increasing issue of vehicular traffic congestion around the world is further expected to drive the demand for Advanced Air Mobility (AAM) solutions to transport cargo and people. The drone type segment is anticipated to record a CAGR of 23.6% over the forecast period as a result of the application of drones in e-commerce, healthcare, and logistics, among other sectors. Furthermore, the market is anticipated to grow due to the trend of autonomous flight and controls as it helps increase flight efficiency and reduce fuel consumption.
The fully autonomous operating mode segment is expected to witness a significant CAGR over the forecast period due to the investment in automation technology by industry players to attain full autonomy. In addition, partnerships and collaborations between companies in the AAM industry is a key factor for the market growth. For instance, in May 2023, Supernal LLC and Inmarsat Global Ltd. entered into a partnership to deploy satellite connectivity in advanced air mobility. In addition, the developments in electrical propulsion systems are anticipated to be a key factor for market growth. The cost-effective and minimal carbon output advantages of electrical propulsion are predicted to attract companies to develop innovative solutions. The electric propulsion type segment held the largest share in 2024, due to its high efficiency and minimum noise.
Advanced Air Mobility Market Report Highlights:
- The hardware component segment recorded the highest share of 84.0% in 2024, owing to the growing demand for aerostructures and avionics used in AAM solutions.
- The surveillance & monitoring application segment dominated the market in 2024, due to the use of drones for inspection in remote and inaccessible areas.
- The commercial end-user segment accounted for the largest market share in 2024, primarily driven by the need for efficient, sustainable, and cost-effective transportation solutions.
- The rotary blade product segment accounted for the largest market share in 2024, primarily driven by the versatility and operational flexibility of rotary-wing aircraft.
- Based on maximum takeoff weight, the <100 kg segment dominated the market in 2024, due to the use of lightweight drones in logistics, surveying, mapping, monitoring, security, and law, among other applications
- Based on range, the intracity (20km-100km) range segment accounted for the largest revenue share in 2024.
- North America accounted for the largest revenue share of 37.0% in 2024, owing to the adoption of drones for various commercial applications in the region.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.2.1. Information analysis
- 1.2.2. Market formulation & data visualization
- 1.2.3. Data validation & publishing
- 1.3. Research Scope and Assumptions
- 1.3.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Advanced Air Mobility Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.2. Market Dynamics
- 3.2.1. Market Driver Analysis
- 3.2.2. Market Restraint Analysis
- 3.2.3. Deployment Challenge
- 3.3. Advanced Air Mobility Market Analysis Tools
- 3.3.1. Deployment Analysis - Porter's
- 3.3.1.1. Bargaining power of the suppliers
- 3.3.1.2. Bargaining power of the buyers
- 3.3.1.3. Threats of substitution
- 3.3.1.4. Threats from new entrants
- 3.3.1.5. Competitive rivalry
- 3.3.2. PESTEL Analysis
- 3.3.2.1. Political landscape
- 3.3.2.2. Economic landscape
- 3.3.2.3. Social landscape
- 3.3.2.4. Technological landscape
- 3.3.2.5. Environmental landscape
- 3.3.2.6. Legal landscape
Chapter 4. Advanced Air Mobility Market: Component Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Advanced Air Mobility Market: Component Movement Analysis, 2024 & 2035 (USD Billion)
- 4.3. Hardware
- 4.3.1. Hardware Market Revenue Estimates and Forecasts, 2018 - 2035 (USD Million)
- 4.3.2. Aerostructure
- 4.3.2.1. Aerostructure Market Revenue Estimates and Forecasts, 2018 - 2035 (USD Million)
- 4.3.3. Avionics
- 4.3.3.1. Avionics Market Revenue Estimates and Forecasts, 2018 - 2035 (USD Million)
- 4.3.4. Flight Control System
- 4.3.4.1. Flight Control System Market Revenue Estimates and Forecasts, 2018 - 2035 (USD Million)
- 4.3.5. Propulsion System
- 4.3.5.1. Propulsion System Market Revenue Estimates and Forecasts, 2018 - 2035 (USD Million)
- 4.3.6. Others
- 4.3.6.1. Others Market Revenue Estimates and Forecasts, 2018 - 2035 (USD Million)
- 4.4. Software
- 4.4.1. Software Market Revenue Estimates and Forecasts, 2018 - 2035 (USD Million)
Chapter 5. Advanced Air Mobility Market: Application Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Advanced Air Mobility Market: Application Movement Analysis, 2024 & 2035 (USD Billion)
- 5.3. Cargo Transport
- 5.3.1. Cargo Transport Market Revenue Estimates and Forecasts, 2018 - 2035 (USD Million)
- 5.4. Passenger Transport
- 5.4.1. Passenger Transport Market Revenue Estimates and Forecasts, 2018 - 2035 (USD Million)
- 5.5. Mapping & Surveying
- 5.5.1. Mapping & Surveying Market Revenue Estimates and Forecasts, 2018 - 2035 (USD Million)
- 5.6. Special Mission
- 5.6.1. Special Mission Market Revenue Estimates and Forecasts, 2018 - 2035 (USD Million)
- 5.7. Surveillance & Monitoring
- 5.7.1. Surveillance & Monitoring Market Revenue Estimates and Forecasts, 2018 - 2035 (USD Million)
- 5.8. Others
- 5.8.1. Others Market Revenue Estimates and Forecasts, 2018 - 2035 (USD Million)
Chapter 6. Advanced Air Mobility Market: End Use Estimates & Trend Analysis
- 6.1. Segment Dashboard
- 6.2. Advanced Air Mobility Market: End Use Movement Analysis, 2024 & 2035 (USD Billion)
- 6.3. Commercial
- 6.3.1. Commercial Market Revenue Estimates and Forecasts, 2018 - 2035 (USD Million)
- 6.3.2. E-Commerce
- 6.3.2.1. E-commerce Market Revenue Estimates and Forecasts, 2018 - 2035 (USD Million)
- 6.3.3. Commercial Ridesharing Operators
- 6.3.3.1. Commercial Ridesharing Operators Market Revenue Estimates and Forecasts, 2018 - 2035 (USD Million)
- 6.3.4. Private Operators
- 6.3.4.1. Private Operators Market Revenue Estimates and Forecasts, 2018 - 2035 (USD Million)
- 6.3.5. Medical Emergency Organizations
- 6.3.5.1. Medical Emergency Organizations Market Revenue Estimates and Forecasts, 2018 - 2035 (USD Million)
- 6.3.6. Others
- 6.3.6.1. Others Market Revenue Estimates and Forecasts, 2018 - 2035 (USD Million)
- 6.4. Government & Military
- 6.4.1. Government & Military Market Revenue Estimates and Forecasts, 2018 - 2035 (USD Million)
Chapter 7. Advanced Air Mobility Market: Product Estimates & Trend Analysis
- 7.1. Segment Dashboard
- 7.2. Advanced Air Mobility Market: Product Movement Analysis, 2024 & 2035 (USD Billion)
- 7.3. Fixed Wing
- 7.3.1. Fixed Wing Market Revenue Estimates and Forecasts, 2018 - 2035 (USD Million)
- 7.4. Rotary Blade
- 7.4.1. Rotary Blade Market Revenue Estimates and Forecasts, 2018 - 2035 (USD Million)
- 7.5. Hybrid
- 7.5.1. Hybrid Market Revenue Estimates and Forecasts, 2018 - 2035 (USD Million)
Chapter 8. Advanced Air Mobility Market: Type Estimates & Trend Analysis
- 8.1. Segment Dashboard
- 8.2. Advanced Air Mobility Market: Type Movement Analysis, 2024 & 2035 (USD Billion)
- 8.3. Air Taxis
- 8.3.1. Air Taxis Market Revenue Estimates and Forecasts, 2018 - 2035 (USD Million)
- 8.4. Drones
- 8.4.1. Drones Market Revenue Estimates and Forecasts, 2018 - 2035 (USD Million)
- 8.5. Others
- 8.5.1. Others Market Revenue Estimates and Forecasts, 2018 - 2035 (USD Million)
Chapter 9. Advanced Air Mobility Market: Maximum Take-off Weight Estimates & Trend Analysis
- 9.1. Segment Dashboard
- 9.2. Advanced Air Mobility Market: Application Movement Analysis, 2024 & 2035 (USD Billion)
- 9.3. <100 kg
- 9.3.1. <100 kg Market Revenue Estimates and Forecasts, 2018 - 2035 (USD Million)
- 9.4. 100-300 kg
- 9.4.1. 100-300 kg Market Revenue Estimates and Forecasts, 2018 - 2035 (USD Million)
- 9.5. >300 kg
- 9.5.1. >300 kg Market Revenue Estimates and Forecasts, 2018 - 2035 (USD Million)
Chapter 10. Advanced Air Mobility Market: Operating Mode Estimates & Trend Analysis
- 10.1. Segment Dashboard
- 10.2. Advanced Air Mobility Market: Operating Mode Movement Analysis, 2024 & 2035 (USD Billion)
- 10.3. Remotely Piloted
- 10.3.1. Remotely Piloted Market Revenue Estimates and Forecasts, 2018 - 2035 (USD Million)
- 10.4. Partially Piloted
- 10.4.1. Partially Piloted Market Revenue Estimates and Forecasts, 2018 - 2035 (USD Million)
- 10.5. Fully Autonomous
- 10.5.1. Fully Autonomous Market Revenue Estimates and Forecasts, 2018 - 2035 (USD Million)
Chapter 11. Advanced Air Mobility Market: Propulsion Type Estimates & Trend Analysis
- 11.1. Segment Dashboard
- 11.2. Advanced Air Mobility Market: Propulsion Type Movement Analysis, 2024 & 2035 (USD Billion)
- 11.3. Gasoline
- 11.3.1. Gasoline Market Revenue Estimates and Forecasts, 2018 - 2035 (USD Million)
- 11.4. Electric
- 11.4.1. Electric Market Revenue Estimates and Forecasts, 2018 - 2035 (USD Million)
- 11.5. Hybrid
- 11.5.1. Hybrid Market Revenue Estimates and Forecasts, 2018 - 2035 (USD Million)
Chapter 12. Advanced Air Mobility Market: Range Estimates & Trend Analysis
- 12.1. Segment Dashboard
- 12.2. Advanced Air Mobility Market: Range Movement Analysis, 2024 & 2035 (USD Billion)
- 12.3. Intracity (20 km - 100 km)
- 12.3.1. Intracity (20km-100km) Market Revenue Estimates and Forecasts, 2018 - 2035 (USD Million)
- 12.4. Intercity (Above 100km)
- 12.4.1. Intercity (Above 100 km) Market Revenue Estimates and Forecasts, 2018 - 2035 (USD Million)
Chapter 13. Regional Estimates & Trend Analysis
- 13.1. Advanced Air Mobility Market by Region, 2024 & 2035
- 13.2. North America
- 13.2.1. North America Advanced Air Mobility Market Estimates & Forecasts, 2018 - 2035, (USD Billion)
- 13.2.2. U.S.
- 13.2.2.1. Advanced Air Mobility Market Estimates and Forecasts, 2018 - 2035 (USD Billion)
- 13.2.3. Canada
- 13.2.3.1. Canada Advanced Air Mobility Market Estimates and Forecasts, 2018 - 2035 (USD Billion)
- 13.3. Europe
- 13.3.1. Europe Advanced Air Mobility Market Estimates and Forecasts, 2018 - 2035 (USD Billion)
- 13.3.2. UK
- 13.3.2.1. UK Advanced Air Mobility Market Estimates and Forecasts, 2018 - 2035 (USD Billion)
- 13.3.3. Germany
- 13.3.3.1. Germany Advanced Air Mobility Market Estimates and Forecasts, 2018 - 2035 (USD Billion)
- 13.3.4. France
- 13.3.4.1. France Advanced Air Mobility Market Estimates and Forecasts, 2018 - 2035 (USD Billion)
- 13.3.5. Italy
- 13.3.5.1. Italy Advanced Air Mobility Market Estimates and Forecasts, 2018 - 2035 (USD Billion)
- 13.4. Asia Pacific
- 13.4.1. Asia Pacific Advanced Air Mobility Market Estimates and Forecasts, 2018 - 2035 (USD Billion)
- 13.4.2. China
- 13.4.2.1. China Advanced Air Mobility Market Estimates and Forecasts, 2018 - 2035 (USD Billion)
- 13.4.3. Japan
- 13.4.3.1. Japan Advanced Air Mobility Market Estimates and Forecasts, 2018 - 2035 (USD Billion)
- 13.4.4. India
- 13.4.4.1. India Advanced Air Mobility Market Estimates and Forecasts, 2018 - 2035 (USD Billion)
- 13.4.5. South Korea
- 13.4.5.1. South Korea Advanced Air Mobility Market Estimates and Forecasts, 2018 - 2035 (USD Billion)
- 13.4.6. Australia
- 13.4.6.1. Australia Advanced Air Mobility Market Estimates and Forecasts, 2018 - 2035 (USD Billion)
- 13.5. Latin America
- 13.5.1. Latin America Advanced Air Mobility Market Estimates and Forecasts, 2018 - 2035 (USD Billion)
- 13.5.2. Brazil
- 13.5.2.1. Brazil Advanced Air Mobility Market Estimates and Forecasts, 2018 - 2035 (USD Billion)
- 13.5.3. Mexico
- 13.5.3.1. Mexico Advanced Air Mobility Market Estimates and Forecasts, 2018 - 2035 (USD Billion)
- 13.6. Middle East and Africa
- 13.6.1. Middle East and Africa Advanced Air Mobility Market Estimates and Forecasts, 2018 - 2035 (USD Billion)
- 13.6.2. Saudi Arabia
- 13.6.2.1. Saudi Arabia Advanced Air Mobility Market Estimates and Forecasts, 2018 - 2035 (USD Billion)
- 13.6.3. UAE
- 13.6.3.1. UAE Advanced Air Mobility Market Estimates and Forecasts, 2018 - 2035 (USD Billion)
Chapter 14. Competitive Landscape
- 14.1. Company Categorization
- 14.2. Company Market Positioning
- 14.3. Company Heat Map Analysis
- 14.4. Company Profiles/Listing
- 14.4.1. Airbus S.A.S.
- 14.4.1.1. Participant's Overview
- 14.4.1.2. Financial Performance
- 14.4.1.3. Product Benchmarking
- 14.4.1.4. Strategic Initiatives
- 14.4.2. Aurora Flight Sciences
- 14.4.2.1. Participant's Overview
- 14.4.2.2. Financial Performance
- 14.4.2.3. Product Benchmarking
- 14.4.2.4. Strategic Initiatives
- 14.4.3. Bell Textron Inc.
- 14.4.3.1. Participant's Overview
- 14.4.3.2. Financial Performance
- 14.4.3.3. Product Benchmarking
- 14.4.3.4. Strategic Initiatives
- 14.4.4. Guangzhou EHang Intelligent Technology Co. Ltd.
- 14.4.4.1. Participant's Overview
- 14.4.4.2. Financial Performance
- 14.4.4.3. Product Benchmarking
- 14.4.4.4. Strategic Initiatives
- 14.4.5. Embraer S.A.
- 14.4.5.1. Participant's Overview
- 14.4.5.2. Financial Performance
- 14.4.5.3. Product Benchmarking
- 14.4.5.4. Strategic Initiatives
- 14.4.6. Joby Aviation
- 14.4.6.1. Participant's Overview
- 14.4.6.2. Financial Performance
- 14.4.6.3. Product Benchmarking
- 14.4.6.4. Strategic Initiatives
- 14.4.7. Lilium GmbH
- 14.4.7.1. Participant's Overview
- 14.4.7.2. Financial Performance
- 14.4.7.3. Product Benchmarking
- 14.4.7.4. Strategic Initiatives
- 14.4.8. Neva Aerospace
- 14.4.8.1. Participant's Overview
- 14.4.8.2. Financial Performance
- 14.4.8.3. Product Benchmarking
- 14.4.8.4. Strategic Initiatives
- 14.4.9. Opener, Inc.
- 14.4.9.1. Participant's Overview
- 14.4.9.2. Financial Performance
- 14.4.9.3. Product Benchmarking
- 14.4.9.4. Strategic Initiatives
- 14.4.10. PIPISTREL (Textron Inc.)
- 14.4.10.1. Participant's Overview
- 14.4.10.2. Financial Performance
- 14.4.10.3. Product Benchmarking
- 14.4.10.4. Strategic Initiatives
- 14.4.11. Vertical Aerospace Group Ltd.
- 14.4.11.1. Participant's Overview
- 14.4.11.2. Financial Performance
- 14.4.11.3. Product Benchmarking
- 14.4.11.4. Strategic Initiatives
- 14.4.12. Volocopter GmbH
- 14.4.12.1. Participant's Overview
- 14.4.12.2. Financial Performance
- 14.4.12.3. Product Benchmarking
- 14.4.12.4. Strategic Initiatives
- 14.4.13. Workhorse Group, Inc.
- 14.4.13.1. Participant's Overview
- 14.4.13.2. Financial Performance
- 14.4.13.3. Product Benchmarking
- 14.4.13.4. Strategic Initiatives
- 14.4.14. Wisk Aero (The Boeing Company)
- 14.4.14.1. Participant's Overview
- 14.4.14.2. Financial Performance
- 14.4.14.3. Product Benchmarking
- 14.4.14.4. Strategic Initiatives