The urban air mobility market in China is estimated to grow at a CAGR of 13.5% during the forecast period. The urban air mobility market is segmented on the basis of component and operation. Based on the component, the market is further segmented into infrastructure and platform. The infrastructure segment is further segmented into charging stations, traffic management, and others whereas, the platform segment is further classified into air taxi, personal air vehicle, air ambulance, and others. The platform segment dominated the global urban air mobility market.

The government of China invested around $130 billion in infrastructural development from 2017 to 2018. This investment was majorly planned for the development of urban infrastructure households, and businesses. Moreover, the growth in the e-commerce industry further provides substantial opportunities to the urban air mobility market in the country. The government of China has promoted the investments and establishment of special e-commerce zones, such as the China Hangzhou Cross-border E-commerce Comprehensive Pilot Area for the development of the e-commerce sector that contributes to the growth of e-commerce logistics in the country. Along with that, the major e-commerce company Alibaba owned Ele.me food delivery company has been given permission in 2018 to deliver food to residents of Shanghai’s Jinshan Industrial Park. The company received approval for delivering food by drones on 17 different routes from over 100 local restaurants. These initiatives from the e-commerce companies are further expected to provide substantial growth to the urban air mobility market in the near future.

Along with this, the companies in China such as Guangzhou EHang Intelligent Technology Co. Ltd. contribute significantly to the market. For instance, in August 2019, EHang launched its first global citywide urban air mobility pilot city project in Guangzhou. This project includes a low-altitude aviation transportation network that transports passengers and goods in a fast, safe, fast, cost-efficient, environmentally friendly and smart way. Additionally, the company intends to aid the city build up the basic infrastructure by designing safety rules and market entry thresholds to support urban air mobility in the country.

Research Methodology

The market study of the China urban air mobility market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report is intended for eVTOL manufacturers, automobile manufacturers, aircraft manufacturers, market research firms, and government organizations, and other market participants for the overall market and competitive analysis. The report provides an in-depth analysis of the market size and future market opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for making better business decisions. 

Market Segmentation

1. China Urban Air Mobility Market Research and Analysis by Component
2. China Urban Air Mobility Market Research and Analysis by Operation

The Report Covers

• Comprehensive research methodology of the China Urban Air Mobility Market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the China Urban Air Mobility Market.
• Insights about market determinants which are stimulating the China Urban Air Mobility Market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.