Advanced Air Mobility Market (2025-2032)
The global Advanced Air Mobility market was valued at $7.3 billion in 2024. This market is expected to reach $29.8 billion by 2032, growing from an estimated $9.2 billion in 2025, at a CAGR of 18.3% during the forecast period of 2025–2032. Report Overview This comprehensive market research report analyzes
- Published
- May 2025
- Pages
- 198
- Format
- PDF + Excel
- Report ID
- MRAD - 1041487
- Base year
- 2024
- 2024 · BASELINE
- $7.30B
- 2032
- $29.80B
- CAGR 2025–2032
- 18.3%
2024 baseline · 2025–2032 forecast at 18.3% CAGR · hover a bar for the value
Key highlights
The global Advanced Air Mobility market was valued at $7.3 billion in 2024.
This market is expected to reach $29.8 billion by 2032, growing from an estimated $9.2 billion in 2025, at a CAGR of 18.3% during the forecast period of 2025–2032.
North America is expected to hold the largest share of the global Advanced Air Mobility market in 2025, accounting for approximately 40-45% share of global market value, followed by Europe.
However, the Asia-Pacific region, particularly China, Singapore, and Japan, is projected to witness the highest CAGR of 22.7% during the forecast period 2025-2032, driven by severe urban congestion, government support for new mobility solutions, and significant investments in smart city infrastructure.
Report summary
| Particulars | Details |
|---|---|
| Number of Pages | 198 |
| Format | PDF & Excel |
| Forecast Period | 2025–2032 |
| Base Year | 2024 |
| CAGR (Value) | 18.3% |
| Market Size (Value)in 2025 | USD 9.2 Billion |
| Market Size (Value) in 2032 | USD 29.8 Billion |
| Segments Covered | By Vehicle Type · eVTOL (Electric Vertical Take-Off and Landing) Aircraft · Air Taxis · Air Shuttles · Cargo Drones · Air Ambulances · Personal Air Vehicles · By Propulsion Type · Fully Electric · Hybrid Electric · Hydrogen Fuel Cell · Traditional Combustion · By Range · Short Range (Up to 100 km) · Medium Range (100–250 km) · Long Range (Above 250 km) · By Application · Passenger Transportation · Cargo Transportation · Emergency Services · Military Applications · Recreational Use · By End User · Commercial Operators · Private Individuals · Government and Public Services · Military and Defense · Logistics and Transportation Companies · Healthcare Providers |
| Countries Covered | North America · U.S. · Canada · Europe · Germany · U.K. · France · Italy · Spain · Rest of Europe · Asia-Pacific · China · Japan · India · South Korea · Australia · Rest of Asia-Pacific · Latin America · Brazil · Mexico · Argentina · Rest of Latin America · Middle East & Africa · UAE · Saudi Arabia · South Africa · Rest of MEA |
| Key Companies | Established Aerospace Companies: Airbus SE, Boeing Company, Embraer S.A., Hyundai Motor Group (Supernal) eVTOL Specialists: Joby Aviation, Archer Aviation, Lilium GmbH, Volocopter GmbH, EHang Holdings Ltd., Wisk Aero LLC, Beta Technologies, Vertical Aerospace Ltd., Eve Air Mobility, SkyDrive Inc., Jaunt Air Mobility |
Report overview
Segments covered: vehicle type, propulsion type, application, end user.
This comprehensive market research report analyzes the global Advanced Air Mobility market, evaluating how emerging aircraft technologies and infrastructure are revolutionizing urban transportation and logistics networks across various industries and regions. The report provides a strategic analysis of market dynamics, growth projections till 2032, and competitive positioning across global and regional/country-level markets.
The advanced air mobility market is primarily driven by escalating urban congestion in major metropolitan areas, significant advancements in electric propulsion technology and battery systems, substantial investment from both traditional aerospace companies and new entrants, and growing focus on sustainability in transportation. The increasing partnerships between OEMs and technology providers are accelerating innovation, while the development of urban air traffic management systems is creating the necessary infrastructure backbone. Additionally, the focus on noise reduction and community integration to enhance public acceptance, and supportive regulatory frameworks in key markets are further driving market growth, especially in North America and Europe.
Report infographic
Market dynamics
2 factors across 2 forcesThe advanced air mobility market offers several high-growth opportunities. Integration
with existing transportation networks presents a significant opportunity to create seamless multimodal transportation solutions. Another major opportunity lies in expansion of commercial applications beyond passenger transport into specialized logistics, emergency services, and recreational uses. Additionally, development of vertiport infrastructure—both standalone and integrated with existing transportation hubs—represents a substantial growth area. Advancements in autonomous flight technology could dramatically reduce operational costs and enhance safety, while the emergence of subscription-based mobility services and specialized applications like aerial emergency medical services presents untapped market potential.
Table of contents
13 chapters · 150 sections · 198 pages · click to expandGeographic analysis
North America
Largest shareNorth America is expected to hold the largest share of the global Advanced Air Mobility market in 2025, accounting for approximately 40-45% share of global market value, followed by Europe. This is driven by substantial venture capital investment, strong aerospace innovation ecosystems, and progressive regulatory frameworks.
Asia-Pacific
Fastest growthHowever, the Asia-Pacific region, particularly China, Singapore, and Japan, is projected to witness the highest CAGR of 22.7% during the forecast period 2025-2032, driven by severe urban congestion, government support for new mobility solutions, and significant investments in smart city infrastructure.
Competitive landscape
The global Advanced Air Mobility market features a diverse competitive landscape with established aerospace manufacturers competing alongside well-funded startups and technology companies pursuing varied approaches to vehicle development and operational services.
The broader solution provider landscape is categorized into established aerospace companies and eVTOL specialists, with each group employing distinctive strategies to maintain competitive advantage. Leading providers are focusing on integrated solutions that combine aircraft manufacturing with infrastructure development and operational services while addressing regulatory challenges.
The key players operating in the global Advanced Air Mobility market are Airbus SE, Boeing Company, Embraer S.A., Joby Aviation, Archer Aviation, Lilium GmbH, Volocopter GmbH, EHang Holdings Ltd., Wisk Aero LLC, Beta Technologies, Vertical Aerospace Ltd., Eve Air Mobility, SkyDrive Inc., Hyundai Motor Group (Supernal), and Jaunt Air Mobility among others.
- Established Aerospace Companies: Airbus SE
- Boeing Company
- Embraer S.A.
- Archer Aviation
- Lilium GmbH
- Volocopter GmbH
- EHang Holdings Ltd.
- Wisk Aero LLC
- Beta Technologies
- Vertical Aerospace Ltd.
- Eve Air Mobility
- SkyDrive Inc.
- Jaunt Air Mobility
Frequently asked questions
The global Advanced Air Mobility market was valued at $7.3 billion in 2024. This market is expected to reach approximately $29.8 billion by 2032, growing from an estimated $9.2 billion in 2025, at a CAGR of 18.3% during the forecast period of 2025–2032.
Cite this report
Meticulous Research. (2025). Advanced Air Mobility Market - Global Opportunity Analysis and Industry Forecast (2025-2032) (Report No. MRAD - 1041487). Meticulous Market Research Pvt. Ltd. https://www.meticulousresearch.com/product/advanced-air-mobility-market-6170