The UK urban air mobility market is estimated to grow at a CAGR of over 13.0% during the forecast period. UK has significant potential for the development of urban air mobility solutions, owing to the availability of significant investment opportunities and continuous pilot programs in the country. For instance, in December 2018, the UK government, under their aerospace deal, is introducing Future Flight Challenge, which will offer up to $162 million to the aerospace and other manufacturers in order to conduct research and design new technologies and infrastructure. This initiative will lead the electric and autonomous aircraft development, which in turn, will transform the future of transportation in urban settings to ease congestion. In UK, the aerospace industry will firstly emphasize smaller drones and aircraft to safeguard the appropriateness of the new technologies earlier its development for larger passenger aircraft. It signifies that by 2026, the industry and government will have mutually invested over $5 billion in the future of UK aerospace.

The UK 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 is estimated to hold the largest share in the global urban air mobility market. There are various companies such as Airbus SE, Honeywell International Inc., Safran S.A., Neva Aerospace Ltd., and others, which are operating in the UK market and generating a significant amount of revenue. 

Research Methodology

The market study of the UK 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. UK Urban Air Mobility Market Research and Analysis by Component
2. UK Urban Air Mobility Market Research and Analysis by Operation

The Report Covers

• Comprehensive research methodology of the UK 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 UK Urban Air Mobility Market.
• Insights about market determinants which are stimulating the UK Urban Air Mobility Market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.