The global urban air mobility (UAM) sector was valued at approximately US$ 662.5 million in 2025 and is anticipated to grow to around US$ 1,019.5 million by 2034, reflecting a compound annual growth rate (CAGR) of 5% from 2019 through 2034.
A variety of companies are exploring the use of UAMs for product delivery to consumers. A notable pilot initiative was undertaken by Amazon in the United States. The company initiated its first project in 2013 and has since navigated numerous challenges, bringing it closer to launching drone delivery services in the near future. In 2017, Amazon successfully completed its first demonstration delivery using drones in the US. To facilitate this, the US federal government has introduced a three-year pilot program aimed at establishing "innovation zones" for testing drones nationwide. This initiative is designed to accelerate the development of the UAM last-mile delivery sector.
The involvement of various e-commerce firms, technology companies, restaurant chains, and retailers in the deployment of autonomous delivery systems goes beyond merely enhancing customer convenience. Should the UAM last-mile delivery service prove to be a viable option in terms of safety and reliability, it could enable these businesses to achieve substantial cost savings compared to conventional package delivery methods. Although the current landscape presents challenges related to safety, advancements in technology and significant investments in drone capabilities are expected to lead to a relaxation of regulations governing drone deliveries by governments. Consequently, delivery drones are projected to create considerable opportunities within the UAV market, thereby fostering the growth of the urban air mobility sector.
Government authorities across various regions are recognizing the necessity for increased support for businesses of all sizes during the Covid-19 pandemic. Similar to the financial crisis of 2008, the Covid-19 pandemic has adversely affected the operations of both public and private enterprises.
The urban air mobility market has been categorized based on platform, operation, and geographical location. In terms of platform, the market is divided into air taxis, aerial passenger vehicles, cargo aerial vehicles, and air ambulances. Regarding operation, the market is classified into piloted and autonomous categories. Geographically, the urban air mobility market is segmented into North America, Europe, and the Rest of the World (ROW).
Key players in the urban air mobility market include established companies such as Airbus SAS, Aurora Flight Sciences, Airspace Experience Technologies, Inc., Bell Textron Inc., EHang Intelligent Technology Co. Ltd, EmbraerX, Jaunt Air Mobility LLC, Kitty Hawk, Moog Inc., and Volocopter GmbH, among others.
The overall size of the global urban air mobility market has been determined through a combination of primary and secondary research methods. The research process begins with comprehensive secondary research utilizing both internal and external sources to gather qualitative and quantitative insights related to the global urban air mobility market. This research also provides an overview and forecast for the urban air mobility market based on the various segments identified for the global region. Additionally, primary interviews are conducted with industry participants and commentators to validate the data and analysis. Participants typically involved in this process include industry experts such as vice presidents, business development managers, market intelligence managers, and national sales managers, as well as external consultants like valuation experts, research analysts, and key opinion leaders specializing in the urban air mobility field.