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Global Urban Air Mobility Market Study 2020: Market is Expected to Witness the First Ray of Commercialization by 2023 – ResearchAndMarkets com

The Global Urban Air Mobility Market size is expected to reach USD 7.9 billion by 2030 The market is still at a nascent stage and is expected to witness the first ray of commercialization by 2023. The demand for an efficient mode of logistics and transportation is likely to stimulate demand. The increase in demand for an alternative mode of transportation in Urban Mobility is one of the key factors driving the growth of the urban air mobility market. Moreover, the demand from a multitude of businesses for an efficient mode of logistics and transportation is expected to aid in the growth of the urban air mobility market. The growth in urban population and the increasing need for better management of limited natural resources, along with a growing focus on environmental sustainability, are the major factors for the rise in demand for smart city solutions.

Global Urban Air Mobility Market Study 2020: Market is Expected to Witness the First Ray of Commercialization by 2023 - ResearchAndMarkets com

The Global Urban Air Mobility Market size is expected to reach USD 7.9 billion by 2030 The market is still at a nascent stage and is expected to witness the first ray of commercialization by 2023. The demand for an efficient mode of logistics and transportation is likely to stimulate demand. The increase in demand for an alternative mode of transportation in Urban Mobility is one of the key factors driving the growth of the urban air mobility market. Moreover, the demand from a multitude of businesses for an efficient mode of logistics and transportation is expected to aid in the growth of the urban air mobility market. The growth in urban population and the increasing need for better management of limited natural resources, along with a growing focus on environmental sustainability, are the major factors for the rise in demand for smart city solutions.

World Market Outlook for the Electric and Hybrid Aircraft Market: Current Market and Technology Overview, Opportunity Analysis, and Leading Company Profiles

Share this article Share this article ResearchAndMarkets.com s offering. Between 2010 and 2019 a consistent upsurge has been noticed in the electrification of aircraft systems, research on electrical propulsion, and investments in electric or hybrid aircraft designs. Aerospace firms are joining forces to challenge their industry s growing contribution to greenhouse gas emissions, with electric engines seen as one of the answers. In simple terms, hybrid-electric denotes two diverse sources of power, and on aircraft, this means being propelled by kerosene and an electric battery. This report examines, analyzes, and predicts the evolution of electric & hybrid aircraft technologies, markets, and outlays (expenditures) over the next 8 years - 2020-2028 in the aerospace industry. It also examines electric & hybrid aircraft markets geographically, focusing on the top 95% of global markets, in the United States, Europe, and Asia. In this report, they analyze the market size of the Glo

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