Advanced Air Mobility Market Size, Share, By Mode of Operation (Piloted, Autonomous), By Propulsion Type (Gasoline, Electric, Hybrid), By Mobility Type (Urban, Regional), By End- Use (Cargo, Passenger), and By Region (North America, Europe, Asia Pacific, Middle East and Africa, and South America) - Trends, Analysis and Forecast till 2034

Report Code: PMI527524 | Publish Date: June 2024 | No. of Pages: 187

Advanced Air Mobility Market Share

By Region, the Advanced Air Mobility Market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. 

North America received by far the largest portion of income. The aviation and defence industries use drone technology, one of the AAM options, which is expanding, particularly in the United States. The acceptance of pricey aviation in both urban and rural areas, together with the development of innovative aviation technology for the transportation of passengers and goods, are driving the growth of this market.

The Asia Pacific region is expected to grow rapidly throughout the projected period. This growth is related to higher government spending in several countries, chiefly China and India, on the development of aviation and defence infrastructure. The region's countries work hard to maintain its advanced security forces and systems because of its intense political conflicts.