Key market opportunities in advanced air mobility include addressing urban congestion, adoption of electric propulsion, autonomous navigation development, and integration with air traffic management. Growth fueled by urbanization and traffic issues, with North America expected to be fastest-growing.
Advanced Air Mobility Market
Dublin, Feb. 26, 2026 (GLOBE NEWSWIRE) — The “Advanced Air Mobility Market Report 2026” has been added to ResearchAndMarkets.com’s offering.
The advanced air mobility (AAM) market is poised for meteoric growth, with projections indicating an increase from $11.6 billion in 2025 to $29.68 billion by 2030. This growth trajectory is marked by an impressive compound annual growth rate (CAGR) of 20.7%, driven by rapid urbanization, technological advancements, and increasing investments in air mobility infrastructure. This burgeoning industry is reshaping urban landscapes by providing efficient, on-demand aerial transportation solutions.
Key factors fueling this expansion include advancements in drone technology, solutions addressing urban congestion, and pioneering AAM projects with significant venture capital backing. Electric propulsion and autonomous navigation systems are at the forefront, paving the way for smart city airspace planning and commercial air taxi services. Companies are actively developing urban air taxi programs, autonomous flight systems, and integrating electric vertical takeoff and landing (eVTOL) platforms into air traffic management.
In response to rising urbanization and congested roadways, AAM presents a promising solution by reducing reliance on traditional ground-based transportation. For instance, population growth in U.S. metropolitan areas has outpaced the national average, intensifying the need for innovative mobility solutions. AAM offers a compelling alternative, enhancing commuter efficiency and alleviating traffic pressure.
Innovative firms within this sector are leveraging urban air-traffic management (UATM) systems to optimize flight routes, ensure collision prevention, and manage airspace effectively in urban environments. Notable developments include JetSetGo’s Air Mobility India platform, focusing on AAM industry insights and fostering community engagement to address local priorities such as medical transport and commuter efficiency in dense metropolitans like India.
Significant industry movements such as Ampaire’s acquisition of Talyn Air further underscore the sector’s commitment to electrification and expansion into areas like defense and drone technology. Major industry players, including The Boeing Company, Airbus SE, Honeywell International Inc., and Joby Aviation, continue to drive innovation and competition within the AAM market.
Geographically, Europe led the market in 2025, while North America is projected to be the fastest-growing region. The global landscape encompasses developments across regions such as Asia-Pacific, North and South America, and key countries including the USA, China, India, and Germany.
The market encompasses a broad range of products, from eVTOL aircraft to comprehensive air traffic management systems and electric propulsion technologies. These components collectively contribute to the industry’s robust revenue generation, positioning AAM as a transformative force in modern urban transportation.
By Type: Air Taxis, Drones
By Component: Hardware, Software
By Mode of Operation: Piloted, Autonomous
By Propulsion Type: Parallel Hybrid, Electric, Turboelectric
By Application: Cargo Transport, Passenger Transport, Mapping, Surveying, Surveillance
Air Taxis: eVTOL, Hybrid VTOL, Autonomous, Piloted Air Taxis
Drones: Delivery, Passenger, Surveillance, Cargo Drones
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Report Attribute |
Details |
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No. of Pages |
250 |
|
Forecast Period |
2026 – 2030 |
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Estimated Market Value (USD) in 2026 |
$13.99 Billion |
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Forecasted Market Value (USD) by 2030 |
$29.68 Billion |
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Compound Annual Growth Rate |
20.7% |
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Regions Covered |
Global |
Estimated Market Value (USD) in 2026
Forecasted Market Value (USD) by 2030
Compound Annual Growth Rate
Growth of Urban Air Taxi Programs
Development of Autonomous Flight Systems
Expansion of Electric Vtol Platforms
Integration With Air Traffic Management
Rising Investment in Aam Infrastructure
Honeywell International Inc.
Aurora Flight Sciences Corporation
For more information about this report visit https://www.researchandmarkets.com/r/88vlug
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Advanced Air Mobility Market
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