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Urban Air Mobility Market is expected to Hit US$ 54.03 billion
The Urban Air Mobility (UAM) Market is projected to reach US$ 54.03 billion by 2032, growing at a CAGR of 35.20% from 2025 to 2032, up from US$ 4.84 billion in 2024. This growth is driven by the emerging ecosystem of on-demand air transportation within urban areas, including eVTOL aircraft, air taxis, and supporting infrastructure. Key players like Airbus, Lilium GmbH, and Eve Holding, Inc., are prominent in this rapidly developing sector, with significant advancements and strategic plans identified in the US and Japan.