Published : 06 Dec 2025
The global advanced air mobility market reported a revenue of USD 14.5 billion in 2025 and is expected to attain USD 132.2 billion by 2035, indicating a rapid CAGR of 24.7%.
The growth of advanced air mobility (AAM) market is being fueled by the accelerating rate of urbanization, increased demand for efficient transportation, and increased government support for next-generation aviation technologies. New technology in electric propulsion, autonomous flight systems, lightweight materials, and improved battery technology is providing lower operational costs and providing the potential for large-scale deployments of electric vertical take-off and landing (eVTOL) aircraft. Additionally, as more cities are proactively working to relieve the congestion of ground transportation and create sustainable mobility options, which allows AAM to grow significantly within the areas of passenger transport, cargo delivery, emergency response, and regional mobility.
Joby Aviation has recently completed development and delivered its first commercially produced Aircraft to Dubai. This aircraft is seen as a key milestone in the progression towards launching a commercial air taxi business. Joby is targeting a launch in 2026 and now shows that the long-promised arrival of urban air mobility is closer than ever before. Additionally, high advancements in battery technology, lightweight composite materials, and autonomous flight control systems have created an effect giving AAM a greater chance to grow and prosper. Battery energy density, charging rates, and electric propulsion advancements have all contributed to increasing the potential range and performance of AAM vehicles. To meet the growing infrastructure needs of AAM, there is a significant amount of investment happening, coupled with governmental regulatory support, on the construction of vertiports, charging and maintenance infrastructure, and air traffic monitoring systems, specifically designed for Low-Altitude Mobility. Collectively, all of these variables state of technology maturity, regulatory support, and growing urban demand create a very conducive environment for the rapid growth and expansion of AAM technologies.
Urban congestion crisis fuels rapid adoption of advanced air mobility transportation solutions worldwide
One of the biggest factors driving growth of the advanced air mobility (AAM) industry is the ongoing increase in urban traffic congestion across many major cities around the world, which directly results in longer commuting distances and the subsequent economic impact caused by those longer commutes, in addition to less enjoyment of life quality. City infrastructures built upon traditional road transportation methods have become saturated, and there are limited opportunities to expand upon those networks as a result of limited land availability and increased costs associated with building new road systems.
Commercial air taxis and autonomous cargo eVTOLs unlock massive future growth opportunities in the AAM Market
A significant opportunity with the commercial implementation of aerial taxis and cargo drones that are being tested and prototyped is now transitioning into operational use. Air taxi and cargo drone manufacturers such as Joby Aviation, Archer Aviation, Lilium, and Ehang are signing contracts with city authorities to develop vertiports, charging stations, and operational corridors and will soon finish their certifications and be ready for commercial launch. These emerging industries will create new multi-billion dollar revenue sources for urban air taxi services, autonomous passenger transportation, medical evacuations, airport shuttles, logistics companies, and final mile deliveries using cargo drones.
The global advanced air mobility market has been segmented into component, product, propulsion type, application, end-use, and region.
North America currently has the largest share of the advanced air mobility market. This is due to technological advancements in the electric aviation space, an interest in electric aviation from early adopters, and access to well-known eVTOL manufacturers such as Joby Aviation, Archer Aviation, Wisk Aero and Boeing. Through the FAA, the regulatory framework for implementing advanced air mobility in the USA has already been established as the most advanced in the world, facilitating an accelerated timeline for aircraft certification, training for pilots, vertiport development and integration into airspace. Major cities including Los Angeles, New York, Miami, and Dallas are already in the process of planning commercial air taxi routes supported by high levels of private and public funding. Consequently, North America has developed considerable infrastructure to support air mobility, a mature aerospace industry ecosystem and an overall willingness among consumers to adopt luxury air mobility solutions. As such, the region is positioned as the global leader in AAM deployment.
The Asia-Pacific region is positioned to be the fastest-growing market for AAM, due to rapid urbanization, mega-city congestion, and strong governmental support for the development of next-generation air transport systems. Leading nations within Asia-Pacific, such as China, Japan, South Korea, Singapore, and Australia, are currently operating large-scale demonstration projects and pilot programs involving autonomous air taxis, cargo drones, and emergency medical aviation. The country with the most significant advantage in this area is China, due to the existence of domestic companies like EHang that have already gained approval for operating autonomous eVTOLs. The growth of the middle class in Asia-Pacific, the rapid advancement of Smart City initiatives, and the growing investment in vertiport infrastructure will create the environment necessary to accelerate the adoption of AAM. With the strong demand for air mobility across multiple sectors, including logistics, medical transport, and inter-city travel, Asia-Pacific is projected to be the fastest-growing advanced air mobility market over the next decade.
Companies profiled in the Advanced Air Mobility Market report include Airbus S.A.S., Aurora Flight Sciences, Bell Textron Inc., Guangzhou EHang Intelligent Technology Co. Ltd., Embraer S.A., Joby Aviation, Lilium GmbH, Neva Aerospace, Opener, Inc., PIPISTREL (Textron Inc.), Vertical Aerospace Group Ltd., and Workhorse Group, Inc.
| Parameter | Details |
| Size in 2025 | USD 14.5 Billion |
| Forecast by 2035 | USD 132.2 Billion |
| CAGR During 2026 - 2035 | 24.7% |
| Largest Component Segment (% Share 2025) | Hardware– 82% |
| Largest Region Size (2025) | North America – 36% |
| Fastest Growing Region (% CAGR) | Asia Pacific – 26.2% |
| Key Players Covered | Airbus S.A.S., Aurora Flight Sciences, Bell Textron Inc., Guangzhou EHang Intelligent Technology Co. Ltd., Embraer S.A., Joby Aviation, Lilium GmbH, Neva Aerospace, Opener, Inc., PIPISTREL (Textron Inc.), Vertical Aerospace Group Ltd., and Workhorse Group, Inc.. |
Contact:
Mr. Richard Johnson
Acumen Research and Consulting
India: +91 8983225533