Global UAM Infrastructure Market 2023 to 2033: Repurposing Existing Aviation Infrastructure into Vertiport Hubs Presents Opportunities - ResearchAndMarkets.com
Global UAM Infrastructure Market 2023 to 2033: Repurposing Existing Aviation Infrastructure into Vertiport Hubs Presents Opportunities - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "UAM Infrastructure Market 2023-2033" report has been added to ResearchAndMarkets.com's offering.
The global urban air mobility (UAM) infrastructure market is expected to reach $623.6 billion by 2033 from $81.7 million in 2023 at a CAGR of 20.29%.
The urban air mobility (UAM) infrastructure market has emerged as a crucial component in the development and implementation of futuristic transportation systems. UAM refers to the integration of air transportation into urban environments, enabling on-demand, safe, and efficient aerial mobility for passengers and cargo.
This emerging industry aims to alleviate traffic congestion, reduce greenhouse gas emissions, and enhance overall transportation efficiency. The UAM infrastructure market encompasses a wide range of physical and digital assets required to support the operation of urban air vehicles.
These assets include vertiports, charging and refueling stations, air traffic management systems, and communication networks. Vertiports serve as the primary hubs for UAM operations, providing takeoff and landing facilities, passenger boarding and disembarking areas, and maintenance and service infrastructure for electric aircraft.
Charging and refueling stations play a vital role in sustaining UAM operations by providing electric power or fuel for the aircraft. As the majority of UAM vehicles are expected to be electric, the development of a robust charging infrastructure is critical to enable efficient and rapid turnaround times for urban air vehicles. Additionally, advanced air traffic management systems and communication networks are essential to ensure the safe and efficient integration of UAM into existing airspace.
As the UAM industry continues to evolve, the infrastructure market is expected to witness substantial growth. It is anticipated that the demand for vertiports, charging stations, and air traffic management systems will increase as more cities embrace UAM as a viable transportation solution. The development of standardized infrastructure solutions, interoperability frameworks, and seamless integration with existing transportation systems will be key factors in shaping the future of the UAM infrastructure market.
Recent Developments in the UAM Infrastructure Market
- In May 2023, Ferrovial and Milligan announced a partnership to develop a network of vertiports in the U.K. Milligan would act as the real estate identification and assessment partner for the development of urban vertiports.
- In April 2023, Skyway and Skyportz announced a strategic partnership to develop complacent infrastructure for the Australian UAM segment.
- In March 2023, Kookiejar and Terminal Holdings, an Abu Dhabi-based ground handling service provider, signed a memorandum of understanding (MoU) for collectively building and operating vertiports for the growing UAM sector.
- In March 2023, Ferrovial and Eve Air Mobility signed a letter of intent (LoI) to explore the integration of Eve's urban air traffic management (UATM) software solutions in the vertiports developed by Ferrovial.
- In January 2023, Skyway and Siemens announced a collaboration to factor in the electrical and digital infrastructure that would be essential to support vertiport operations.
Demand - Drivers and Limitations
The following are the drivers for the UAM infrastructure market:
- Urban and Regional Aerial Cargo Transportation
- Adoption of Urban Air Mobility in Megacities
- Collaborative Partnership among UAM Infrastructure Developers and eVTOL Manufacturers
The following are the challenges for the UAM infrastructure market:
- Constraints in Navigation and Communication Infrastructure Supporting UAM
- Public Acceptance of UAM Services
- Lack of Electrical Infrastructure for UAM Charging
- Real Estate and Financing Challenges in Developing UAM Infrastructure
The following are the opportunities for the UAM infrastructure market:
- Increasing Infrastructure Demand for UAM Operations
- Repurposing Existing Aviation Infrastructure into Vertiport Hubs
Key Companies Profiled:
- Altaport, Inc.
- ANRA Technologies
- BETA Technologies
- Bluenest
- Embention
- Ferrovial
- FEV Group
- Groupe ADP
- Kookiejar
- ResilienX
- Skyports Limited
- Skyscape Corporation
- Skyway
- Urban-Air Port Ltd
- UrbanV S.p.A
- Volatus Infrastructure, LLC
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 192 |
| Forecast Period | 2023 - 2033 |
| Estimated Market Value (USD) in 2023 | $81.7 Million |
| Forecasted Market Value (USD) by 2033 | $623.6 Million |
| Compound Annual Growth Rate | 20.3% |
| Regions Covered | Global |
Market Segmentation
by End User
- Airport Shuttle Service
- Healthcare
- Last Mile Delivery
- Tourism
by Operation
- Passenger Gate-to-Gate
- Cargo Gate-to-Gate
- Hybrid Passenger and Cargo Gate-to-Gate
- Off-Nominal Operations
by Configuration
- Private Operations
- Public Operations
- Single Fleet Operators
- Multiple Fleet Operators
- Piloted Operations
- Autonomous Operations
- Vertiplex
by Ecosystem
- Physical Infrastructure
- Digital Infrastructure
by Country
- U.S.
- U.K.
- U.A.E.
- Saudi Arabia
- France
- Australia
- Italy
- Netherlands
- South Korea
- China
- Japan
- India
- Brazil
- Germany
- Singapore
For more information about this report visit https://www.researchandmarkets.com/r/v2fqqp
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