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

Advanced Air Mobility Market was valued at US$11.8 billion in 2024 and is expected to grow at a CAGR of 23.3% to reach US$79.7 billion by 2034.

Advanced Air Mobility comprises an air transportation system that uses various aircraft types, such as autonomous, vertical takeoff and landing, or remotely piloted aircraft, to move people and freight between various locations. The goal of AAM is to integrate environmentally friendly aircraft, such as electric vertical takeoff and landing (eVTOL) vehicles and unmanned aerial systems (UAS), into international airspace. To support highly automated operations like UAS Traffic Management (UTM), this entails constructing digital infrastructure and physical infrastructure like vertiports.