Connect with us

Technology

Urban Air Mobility Market to Grow by USD 10.31 Billion (2024-2028), eVTOL Aircraft Use in Military Drives Growth, Report Highlights AI’s Role in Market Shift – Technavio

Published

on

NEW YORK, Nov. 28, 2024 /PRNewswire/ — Report with market evolution powered by AI – The global urban air mobility (UAM) market size is estimated to grow by USD 10.31 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 36.5% during the forecast period. Increasing use of evtol aircraft in military applications is driving market growth, with a trend towards technological advancements. However, limitations of existing battery technology poses a challenge. Key market players include Airbus SE, Archer Aviation Inc, Bartini Inc., Bell Textron Inc., EHang Holdings Ltd., Embraer SA, Geely Auto Group, Honeywell International Inc., Joby Aviation Inc., Kitty Hawk Corp., Lockheed Martin Corp., Moller International, Moog Inc., RTX Corp., Textron Inc., The Boeing Co., Volocopter GmbH, Wingcopter GmbH, Wisk Aero LLC, and WORKHORSE GROUP INC..

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF

Urban Air Mobility (Uam) Market Scope

Report Coverage

Details

Base year

2023

Historic period

2017 – 2021

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 36.5%

Market growth 2024-2028

USD 10312 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

26.88

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

North America at 52%

Key countries

US, China, Germany, UK, and France

Key companies profiled

Airbus SE, Archer Aviation Inc, Bartini Inc., Bell Textron Inc., EHang Holdings Ltd., Embraer SA, Geely Auto Group, Honeywell International Inc., Joby Aviation Inc., Kitty Hawk Corp., Lockheed Martin Corp., Moller International, Moog Inc., RTX Corp., Textron Inc., The Boeing Co., Volocopter GmbH, Wingcopter GmbH, Wisk Aero LLC, and WORKHORSE GROUP INC.

Market Driver

The Urban Air Mobility (UAM) market is experiencing significant growth with trends like autonomous aerial vehicles and flying cars gaining momentum. The Federal Aviation Administration (FAA) is working on rulemaking committees for air taxis and air ambulances, paving the way for advanced air mobility. Uber Air, UAM market leaders, are investing in battery-powered electric vehicles to reduce CO2 emissions. R&D investments from start-ups and aerospace players in eVTOL, electric aircraft, and autonomous segments are driving innovation. Urban areas face traffic congestion, and UAM offers sustainable solutions with electric motors, batteries, fly-by-wire systems, sensors, and control systems. Urban aviation services include air taxis, air metro, cargo, emergencies, and last-mile delivery. The Ministry of Land, Infrastructure, Transport, and Tourism are collaborating with aircraft operators to develop infrastructure. Industry players like Hyundai Motor, Volocopter, and others are launching electric-powered vertical takeoff and landing vehicles. The ecosystem includes on-demand mobility, urban air mobility services, and shared automated vehicles. The UAM market covers various vehicle types, including air taxis, air ambulance, cargo air vehicles, and personal air vehicles. Strategies include mergers & acquisitions, collaborations, and technology advancements in stability, load-carrying capacity, range, and vehicle automation. Urban air mobility offers social mobility and productivity enhancements for metropolitan economies. 

The urban air mobility market is witnessing a significant shift towards advanced technology for real-time package tracking. Consumers can now manage and modify their retail deliveries using online tools, ensuring greater transparency and control. However, for large or heavy packages, direct customer pick-up is necessary due to their high value. Delivery providers address this challenge by offering web and mobile-based last-mile delivery management applications, enabling customers to manage the scheduling of such deliveries effectively. 

Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution!

Market Challenges

The Urban Air Mobility (UAM) market is experiencing significant growth with the development of autonomous aerial vehicles like flying cars. However, challenges persist, including regulatory hurdles from the Federal Aviation Administration (FAA) and industry players like Uber Air. CO2 emissions are a concern, making battery-powered UAM vehicles an attractive alternative to ICE cars. Air taxis, air metro, and air ambulance segments lead the market. R&D investments from start-ups and aerospace players in eVTOL, electric aircraft, and autonomous segments are driving innovation. Urban areas face traffic congestion and productivity losses, making UAM an attractive sustainable solution for transportation businesses. FAA Rulemaking Committees are working on vehicle type segment and air taxi segment regulations. Hyundai Motor and Volocopter are leading players with electric power vehicles like the SA-1 vertical takeoff and landing vehicle. The ecosystem includes aircraft operators, advanced air mobility, cargo, emergencies, metropolitan areas, and infrastructure development. Collaborations, mergers & acquisitions, and technology advancements in electric motors, batteries, fly-by-wire systems, sensors, and control systems are shaping the future of urban aviation services, including on-demand mobility, goods delivery services, and shared automated vehicles. Regulatory authorities, cargo, and tourism industries are also exploring UAM opportunities. Drones are also part of the UAM development. Industry players are focusing on stability, load-carrying capacity, range, platform architecture, and vehicle automation for autonomous vehicle operations. Social mobility and vehicle autonomy are key considerations for urban air mobility.The urban air mobility (UAM) market for electric vertical takeoff and landing (eVTOL) aircraft is experiencing significant hype, yet the conversion of aerospace company designs into functional commercial models faces challenges. The energy requirements for flight are substantial, and current battery technology struggles to provide the necessary power with minimal weight. The success of electric cars was achieved through affordability and compactness, but in aviation, weight is the primary concern. To create a commercially viable eVTOL aircraft, batteries must have a minimum energy density of 500Wh/kg. However, most commercial batteries can only deliver 30-50% of this, posing a significant hurdle for the industry.

Discover how AI is revolutionizing market trends- Get your access now!

Segment Overview 

This urban air mobility (uam) market report extensively covers market segmentation by

Type 1.1 Autonomous1.2 PilotedApplication 2.1 Delivery2.2 Passenger mobilityGeography 3.1 North America3.2 Europe3.3 APAC3.4 Middle East and Africa3.5 South America

1.1 Autonomous- Autonomous Urban Air Mobility (UAM) refers to the utilization of unmanned aerial vehicles (UAVs) or drones for transportation in urban areas. This technology intends to offer cities a secure, productive, and eco-friendly air transportation alternative by alleviating traffic congestion and enhancing mobility. Autonomous UAVs are equipped with advanced technologies such as sensors, navigation systems, and artificial intelligence algorithms, enabling them to operate independently. Morgan Stanley Research’s latest BluePaper reveals that investment in autonomous flying aircraft is gaining momentum, with implications for passenger travel, military and defense applications, and freight and package transportation. The report anticipates a USD1.5 trillion total addressable market for autonomous aircraft by 2040, generating opportunities for investors and benefiting multiple sectors, thereby fueling the demand for UAM throughout the forecast period.

Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics

Research Analysis

The Urban Air Mobility (UAM) market refers to the emerging transportation sector that utilizes autonomous aerial vehicles, such as flying cars and air taxis, for urban mobility. The Federal Aviation Administration (FAA) is working on rulemaking committees to establish regulations for this new mode of transportation. UAM offers several advantages over traditional ICE cars, including reduced CO2 emissions and traffic congestion. The market is segmented into vehicle type, including battery-powered UAM vehicles and eVTOL (electric vertical takeoff and landing) aircraft. Key segments include air taxis, air ambulance, and last-mile delivery. R&D investments from start-ups and aerospace players are driving innovation in this sector. Technological advancements include electric motors, batteries, fly-by-wire systems, sensors, and control systems. The UAM market is expected to significantly impact urban areas, offering efficient and eco-friendly transportation solutions.

Market Research Overview

Urban Air Mobility (UAM) is an emerging market that focuses on the use of autonomous aerial vehicles, including flying cars, for transportation in urban areas. The Federal Aviation Administration (FAA) is working on rulemaking committees to integrate UAM into the national airspace system. UAM offers sustainable solutions for urban transportation, reducing CO2 emissions compared to ICE cars. Battery-powered UAM vehicles, such as air taxis, air metro, air ambulance, and last-mile delivery vehicles, are gaining popularity. R&D investments from start-ups, aerospace players, and regulatory authorities are driving the development of eVTOL, electric aircraft, and autonomous segment of UAM. Urban areas face traffic congestion and productivity losses, making UAM an attractive alternative for on-demand mobility and urban aviation services. Cargo, emergencies, and tourism are among the sectors that can benefit from UAM. The ecosystem includes aircraft operators, advanced air mobility, and transportation technologies. Collaborations, mergers & acquisitions, and technology development are key strategies among industry players. Urban air mobility offers a range of vehicle types, including air taxis, air shuttles, personal air vehicles, cargo air vehicles, medical emergency vehicles, and last-mile delivery vehicles. Platforms, such as Uber Air, are developing operations, architecture, and range for UAM vehicles. The market includes piloted and autonomous vehicles, intercity and intracity travel, rotary wings and fixed wings hybrid, and vehicle automation. Urban air mobility offers stability, load-carrying capacity, and R&D spending opportunities. The market also includes social mobility and vehicle autonomy aspects. Infrastructures, cities, and transportation businesses are exploring the potential of UAM to address fuel costs and sustainability concerns. Drones are also a part of the UAM development.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeAutonomousPilotedApplicationDeliveryPassenger MobilityGeographyNorth AmericaEuropeAPACMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/urban-air-mobility-market-to-grow-by-usd-10-31-billion-2024-2028-evtol-aircraft-use-in-military-drives-growth-report-highlights-ais-role-in-market-shift—technavio-302318430.html

SOURCE Technavio

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

CLIN OPS SOLUTIONS EXPANDS INDUSTRY IMPPACT THROUGH EXCLUSIVE EVENTS, NETWORKING DINNERS, AND EXPERT-LED WEBINARS

Published

on

By

Bridging talent, insight, and innovation—beyond recruitment

BOSTON, April 21, 2026 /PRNewswire/ — Clin Ops Solutions, a leading recruitment partner to biotech and pharmaceutical organizations, is redefining how clinical research professionals connect, learn, and grow.

Known for delivering top-tier talent across clinical operations, the company is expanding its impact through a curated portfolio of exclusive networking dinners, industry-focused webinars, and collaborative event experiences—designed to go beyond traditional recruitment and actively support career growth, knowledge exchange, and operational excellence.

“At Clin Ops Solutions, we recognized that the industry doesn’t just need connections—it needs meaningful conversations and shared insight,” said Sylvain Bédard, Founder and CEO. “Our events create spaces where leaders can openly discuss challenges, exchange ideas, and ultimately strengthen the future of clinical research.”

A New Model for Industry Engagement
Networking Dinners – Private, invitation-only gatherings that bring together senior leaders in clinical operations, regulatory affairs, and vendor management. These settings foster candid discussions on real-world challenges—far from the noise of large conferences.

Expert-Led Webinars – Timely sessions addressing critical industry trends, including site engagement, patient recruitment, study start-up inefficiencies, and vendor alignment. Each webinar delivers actionable insights from experienced professionals across the clinical research ecosystem.

Collaborative Industry Events – Strategic partnerships with organizations and industry experts to host panels, roundtables, and thought leadership discussions that tackle the most pressing operational challenges in clinical trials today.

Beyond Recruitment: Driving Career Growth and Industry Progress
While Clin Ops Solutions remains a trusted recruitment partner, its expanded initiatives reflect a broader mission: to empower clinical research professionals at every stage of their careers.

Through these events, attendees gain direct access to industry leaders and decision-makers, insights into evolving clinical trial challenges and solutions, opportunities to build meaningful, long-term professional relationships, and exposure to new career pathways and organizational perspectives.

This approach not only strengthens individual careers but also contributes to more efficient, connected, and forward-thinking clinical trial operations.

Supporting a More Connected Clinical Research Community
As the clinical research landscape continues to evolve, Clin Ops Solutions is committed to creating platforms that encourage transparency, collaboration, and shared learning.

By integrating recruitment with thought leadership and industry engagement, the company is positioning itself as more than a staffing partner—it is becoming a connector of ideas, expertise, and innovation.

About Clin Ops Solutions
Clin Ops Solutions is a specialized recruitment firm supporting biotech and pharmaceutical companies in building high-performing clinical operations teams. Through a unique blend of talent solutions, industry events, and collaborative initiatives, the company connects professionals and organizations to drive success in clinical research.

The company’s business development efforts are led by Jason Milovanovic and Leticia Tarilonte, both Vice Presidents of Business Development, who work closely with clients and industry partners to support growth, build relationships, and expand Clin Ops Solutions’ presence across the clinical research landscape.

View original content to download multimedia:https://www.prnewswire.com/news-releases/clin-ops-solutions-expands-industry-imppact-through-exclusive-events-networking-dinners-and-expert-led-webinars-302749129.html

SOURCE Clin Ops Solutions

Continue Reading

Technology

Chapters Health System Named 2026 USA TODAY Top Workplaces

Published

on

By

TEMPLE TERRACE, Fla., April 21, 2026 /PRNewswire/ — Chapters Health System, the nation’s leading chronic illness innovator and largest nonprofit hospice provider, proudly announced that it has once again earned the prestigious 2026 USA TODAY Top Workplaces award.

The award honors organizations with 150 or more employees that have created exceptional, people-first cultures. This year, more than 40,500 organizations were invited to participate. The winners are recognized for their commitment to fostering a workplace environment that values employee listening and engagement. USA TODAY showcased the winners online and at the National Awards Summit in Nashville.

“Earning the USA TODAY Top Workplaces once again speaks to the incredible momentum Chapters Health System has gained in driving a people-first culture while sustaining exponential grown through multiple affiliations on the West Coast,” said Andrew Molosky, President and CEO, Chapters Health System. “Thanks to our incredible team, we are proving that quality, growth, and culture can all thrive by leveraging our unique approach to healthcare.”

Winners are determined by authentic employee feedback captured through a confidential survey conducted by Energage, the HR research and technology company behind the Top Workplaces program since 2006. The results are calculated based on employee responses to statements about Workplace Experience Themes, which are proven indicators of high performance.

At Chapters Health, we believe that an engaged, mission-driven culture can transform healthcare,” said Nikki Romence, Chief People Officer, Chapters Health System. “This continued recognition is a testament to our nearly 4,500 team members across the country and their commitment to collaboration, innovation, and accountability. Their focus on our mission of taking care of patients, or taking care of those who do allows us to provide exceptional care to the thousands of families who depend on us each day.”

To learn more about career opportunities at Chapters Health System and the opportunity to change the future of healthcare, click here.

About Chapters Health System
Chapters Health System is boldly innovating the future of chronic illness care through its collective portfolio of more than 30 different companies and programs, including the nation’s largest nonprofit hospice network, PACE, value-based care such as CareNu, managed services organizations, technology solutions, advanced illness offerings, consulting, and more. Established in 1983 as a community-centered, nonprofit entity, Chapters Health has grown exponentially through its radical approach to healthcare that leverages a one-of-a-kind system to support patients, families, and caregivers across the country, while remaining grounded in the mission of taking care of patients, or taking care of those who do®. Chapters Health has been nationally recognized by Great Places to Work, Fortune®, USA Today, and others for being a top place to work. To learn more, visit www.chaptershealth.org, like us on Facebook or follow us on X and LinkedIn.

View original content to download multimedia:https://www.prnewswire.com/news-releases/chapters-health-system-named-2026-usa-today-top-workplaces-302749035.html

SOURCE Chapters Health System

Continue Reading

Technology

CC&N Launches Data Center Day 2 Infrastructure Support to Sustain Performance in Live Environments

Published

on

By

Employee-owned company expands services to provide embedded teams that protect uptime, manage continuous change, and support long-term data center performance.

BROOKFIELD, Wis., April 21, 2026 /PRNewswire-PRWeb/ — As demand for data infrastructure continues to accelerate, CC&N is expanding its infrastructure support capabilities into data center environments. The Southeastern Wisconsin-based, 100 percent employee-owned company today announced the availability of its Data Center Day 2 Infrastructure Support services for mission-critical environments.

“Our Day 2 Infrastructure Support teams stay embedded in the environment, helping organizations manage change without compromising performance,” said Dan Witkofski, President of CC&N. “We focus on getting the details right so issues don’t surface later.”

While much of the industry focuses on data center construction and deployment, CC&N is building on its experience in those environments to support and maintain them once live, which includes ongoing operational support. Once infrastructure is installed, environments continue to evolve as systems expand, equipment changes and operational demands increase.

“At CC&N, we understand that the work doesn’t stop once a data center is up and running; we know that it shifts,” said Dan Witkofski, President of CC&N. “Our Day 2 Infrastructure Support teams stay embedded in the environment, helping organizations manage change without compromising performance. We focus on getting the details right so issues don’t surface later.”

CC&N’s Day 2 Infrastructure Support services provide embedded technicians who operate inside live data center environments as an extension of the customer’s team. Working within established workflows, ticketing systems and change management processes, these technicians help ensure consistency, accountability and precision across all infrastructure activities.

The service offering includes:

Support for moves, adds and changes (MAC)Troubleshooting of fiber, copper and rack-level connectivityProactive infrastructure maintenanceDisciplined labeling and documentation practices that preserve clarity and traceability over time

By combining physical infrastructure expertise with operational alignment, CC&N helps organizations reduce risk, improve response times, and maintain long-term system reliability.

“Day 2 support is about maintaining control in environments that are constantly changing,” Witkofski added. “We’ve long supported these types of needs for our customers, and now we’re bringing that same discipline and expertise directly into data center environments. Our teams bring the operational discipline and hands-on expertise needed to keep infrastructure organized, responsive and reliable as demands grow.”

CC&N’s approach is rooted in its employee-owned structure, where technicians take ownership of their work and remain engaged until issues are fully resolved. The company’s teams operate across hyperscale, colocation and enterprise data centers, supporting mission-critical environments where uptime is essential and precision matters.

As organizations continue to scale their data center operations, CC&N’s Day 2 Infrastructure Support services provide a structured, consistent approach to managing ongoing infrastructure needs without expanding internal headcount.

To learn more about CC&N’s Data Center Day 2 Infrastructure Support services, visit cc-n.com or contact the company directly to start a conversation.

About CC&N

Founded in 1985, CC&N is a network infrastructure company specializing in the design, installation, and support of mission critical connectivity systems. The company delivers structured cabling, Wi Fi, DAS, UPS, and data center infrastructure services, helping organizations stay reliably connected without disrupting operations. CC&N has spent decades building an experienced team that delivers customers depth of knowledge, exceptional craftsmanship, reliable on-time delivery and highly responsive customer care. The company has offices in Brookfield, Menasha, Eau Claire and Madison to provide both project and service work to small, mid-size and enterprise companies in a wide range of businesses and industries. CC&N is a 100% employee-owned ESOP and an OwnersEdge operating company.

About OwnersEdge

Based in Waukesha, Wis., OwnersEdge Inc. is a 100% employee-owned ESOP holding company that strives to invest in and build sustainable businesses throughout the Midwest. The operating companies within the OwnersEdge portfolio utilize their industry expertise to drive business growth and create value for stakeholders including customers, communities and the ESOP employee owners. The existing companies in its portfolio – Asche & Spencer, BAYCOM, CC&N, Implecho, QComp Technologies and EmbedTek – provide diverse products and services to a variety of market segments ranging from public safety to construction to manufacturing and music production. For more information, visit OwnersEdge.com.

Media Contact

Andrea Meyers, Stream Creative, 1 414-530-0704, andrea@streamcreative.com

View original content to download multimedia:https://www.prweb.com/releases/ccn-launches-data-center-day-2-infrastructure-support-to-sustain-performance-in-live-environments-302749076.html

SOURCE CC&N

Continue Reading

Trending