North America Urban Air Mobility (UAM) Market (2026-2031)
The North America Urban Air Mobility (UAM) Market was valued at $3988.8 Million in 2026 and projected to reach to $5957.6 Million by 2031, representing a compound annual growth rate of 23.7%. North America's UAM market is positioned for robust expansion through 2031, driven by favorable regulatory conditions, advanced technological infrastructure, and substantial capital deployment from both established aerospace players and emerging mobility startups.
| Market Size in | USD 26.32 MN |
| Market Forecast in | |
| CAGR | |
| Forecast Period | |
| Units Considered | Value (USD MN) |
North America Urban Air Mobility (UAM) Market Trends and Insights
- The North America UAM market is experiencing accelerated growth driven by regulatory support, advanced infrastructure, and significant private investment from aerospace and technology leaders.
- By 2031, North America's UAM market is forecast to expand to $5,957.6 million, reflecting a robust compound annual growth rate of 23.7%. The North America region benefits from favorable conditions including established air traffic management systems, early adoption of autonomous technologies, and concentrated venture capital funding.
- North America's leadership in electric vertical takeoff and landing (eVTOL) aircraft development positions the region as a primary testing ground for commercial UAM operations.
- Between 2026 and 2031, North America is expected to see increased certification of aircraft, expansion of vertiport infrastructure, and pilot programs in major metropolitan areas. North America's competitive advantage stems from its regulatory frameworks, technological expertise, and urban density in key markets.
- The region's sustained investment in UAM ecosystems will drive market expansion through 2031, establishing North America as the global leader in commercial urban air mobility deployment and revenue generation..
Key Market Statistics
- CAGR (2026-2031) 23.7% CAGR
- Market Size, 2026 ~USD 3988.8 Million
- Forecast, 2031 ~USD 5957.6 Million
- Geography North America
North America Urban Air Mobility (UAM) Market Overview
Market Leadership Position :
North America commands the second-largest UAM market globally, valued at $3,988.8 million in 2026, with the US representing 5,476.2 million USD of regional activity, establishing the region as a primary innovation and commercialization hub.
Accelerated Growth Trajectory :
The North America UAM market is projected to grow at a CAGR of 23.7% through 2031, reaching $5,957.6 million, outpacing the global average of 20.9% and reflecting strong regulatory momentum and infrastructure investment.
Regulatory and Infrastructure Support :
North America benefits from progressive regulatory frameworks, FAA modernization initiatives, and substantial public-private partnerships that facilitate rapid UAM deployment and operational scaling across major metropolitan areas.
Private Investment Concentration :
The region attracts significant venture capital and corporate investment from aerospace giants and technology leaders, driving innovation in electric vertical takeoff and landing (eVTOL) aircraft, autonomous systems, and air traffic management solutions.
North America Urban Air Mobility (UAM) Market Dynamics
- The US market dominance, combined with Canada's growing participation, creates a unified ecosystem for UAM development and commercialization.
- Urban congestion, sustainability mandates, and last-mile connectivity demands are accelerating adoption timelines across major metropolitan corridors including New York, Los Angeles, and Toronto. The forecast growth to $5,957.6 million by 2031 reflects increasing operational certifications, expanded air taxi services, and integration with smart city initiatives.
- North America's competitive advantage stems from its regulatory agility, technological expertise, and willingness to pilot advanced mobility solutions.
- Strategic partnerships between aerospace OEMs, technology firms, and municipal governments will unlock new revenue streams in passenger transport, cargo delivery, and emergency services applications..
Related Ecosystem
Unmanned Systems
Key Takeaways
- North America's UAM market is valued at $3,988.8 million in 2026 and projected to reach $5,957.6 million by 2031, growing at a 23.7% CAGR.
- North America leads global UAM development with advanced regulatory frameworks, established air traffic management infrastructure, and concentrated venture capital investment.
- North America's eVTOL aircraft manufacturers and technology companies are driving certification milestones and commercial deployment timelines ahead of other regions.
- North America's urban centers and metropolitan areas are prioritized for vertiport development and pilot UAM operations between 2026 and 2031.
Urban Air Mobility (UAM) Market Report Scope
| Report Metric | Details |
|---|---|
| Base Year | 2026 |
| Fastest Growing Segment | AEROSTRUCTURES (Platform System) |
| Forecast Period | 2026–2031 |
| Growth Rate | CAGR of 20.9% from 2026 to 2031 |
| Largest Segment | COMMERCIAL FLEET OPERATORS (End User) |
| Market Size Base Year (Billions) | ~USD 2.95 (2026) |
| Revenue Forecast (Billions) | ~USD 7.62 (2031) |
| Segments Covered | Platform System, Infrastructure, Application, Operation Mode, Range, End User, Platform Architecture |
North America Urban Air Mobility (UAM) Market Report Segmentation
7 segment dimensions are covered across the global market.
By Platform System
- Aerostructures
- Avionics
- Electrical Systems
- Flight Control & Software
- Interiors
- Propulsion Systems
By Infrastructure
- Atm Integration Systems
- Charging & Energy Systems
- Communication, Navigation, And Surveillance
- Fleet Management Software
- Hangars & Maintenance Facilities
- Utm Systems
- Vertiports/Vertistops
By Application
- Cargo & Logistics
- Medical & Disaster Response
- Passenger Transport
- Private Ownership / Use
- Private Ownership/Use
By Operation Mode
- Fully Autonomous
- Piloted
- Remotely Operated/Semi-Autonomous
By Range
- Long Range (> 200 Km)
- Medium Range (50–200 Km)
- Short Range (< 50 Km)
By End User
- Commercial Fleet Operators
- Institutional/Government
- Private/Individual Users
By Platform Architecture
- Lift + Cruise
- Multirotor
- Tilt-Rotor/Tilt-Wing
Target Audience
- Aerospace & Defence OEMs : Strategic manufacturers require North America market data to prioritize eVTOL development, certifications, and production capacity investments in the region's high-growth, well-regulated environment.
- Urban Mobility Startups : Emerging UAM operators and technology firms need regional market sizing, growth forecasts, and competitive intelligence to secure funding, plan service launches, and establish partnerships across North American cities.
- Investment & Private Equity Firms : Capital allocators require detailed North America UAM market analysis to identify high-potential investment targets, assess portfolio company growth prospects, and evaluate exit opportunities in the expanding regional ecosystem.
- Government & Municipal Authorities : City planners and transportation officials need market intelligence on UAM adoption trends, infrastructure requirements, and regulatory best practices to inform smart city initiatives and urban mobility policy development.
- Technology & Infrastructure Providers : Software, air traffic management, and infrastructure solution vendors require North America market data to prioritize product development, identify customer segments, and forecast revenue potential in the region's UAM ecosystem.
Key Companies in the North America Urban Air Mobility (UAM) Market
| Company | HQ | Ownership | Strongest segments |
|---|---|---|---|
| EXYN TECHNOLOGIES INC | United States | Public Company | ExynAI autonomy and mapping software (licenses and subscriptions),Exyn Nexys modular 3D mapping solutions (hardware-integrated systems),ExynView and data services (mission planning, visualization, post-processing), |
| SAFRAN GROUP | France | Public Company | Aerospace Propulsion,Aircraft Equipment, Defense and Aerosystems,Aircraft Interiors, |
| LMI AEROSPACE, INC. | United States | Private Company | Aerostructures components and assemblies,Engineering and design services,Defense and non-aerospace structural components, |
| EHANG | China | Public Company | EH216 series (passenger UAM),VT series and logistics UAVs,Falcon B, GD series, and other UAV hardware, |
| ARCHER AVIATION INC. | United States | Public Company | Commercial urban air taxi (eVTOL platform and services),Defense and government applications,Technology licensing and related services, |
| BETA TECHNOLOGIES, INC. | United States | Public Company | ALIA electric aircraft (fixed-wing and eVTOL),Electric propulsion systems and components,Charging systems and infrastructure network, |
| AIRBUS | Netherlands | Public Company | Commercial jet and freighter aircraft (Airbus segment),Helicopters (civil and military, including UAS services),Defence air systems (crewed and uncrewed), |
| TEXTRON INC. | United States | Public Company | Textron Aviation (business, turboprop, piston, trainer, MRO),Bell (military and commercial rotorcraft, tiltrotor, services),Textron Systems (UAS, weapons, marine, armored vehicles), |
| FERROVIAL | Netherlands | Public Company | Highways (Toll Road Concessions),Construction (Public & Private Works),Airports, |
| AéROPORTS DE PARIS | France | Public Company | Aviation,Retail and Services,Real Estate, |
| THALES | France | Public Company | Defence systems, C4ISR, and mission/surveillance,Aerospace, avionics, and air traffic management,Digital identity, cybersecurity, and secure IoT, |
EXYN TECHNOLOGIES INC
EXYN Technologies Inc. is a U.S.-based public company founded in 2014 that employs 42 people. The company operates in the aerospace and technology sector.
SAFRAN GROUP
Safran Group is a French multinational public company founded in 1896 with 103,710 employees. It is a major player in the aerospace, defense, and security industries.
LMI AEROSPACE, INC.
LMI Aerospace, Inc. is a U.S.-based private company founded in 1948 with 1,651 employees. The company operates in the aerospace manufacturing and supply sector.
EHANG
EHang is a Chinese public company founded in 2014 with 829 employees. The company specializes in autonomous aerial vehicle technology and urban air mobility solutions.
ARCHER AVIATION INC.
Archer Aviation Inc. is a U.S.-based public company with 1,160 employees. The company develops electric vertical takeoff and landing aircraft for urban air mobility.
BETA TECHNOLOGIES, INC.
Beta Technologies, Inc. is a U.S.-based public company founded in 2017 with 1,008 employees. The company develops electric aircraft and aviation technology solutions.
AIRBUS
Airbus is a Netherlands-based public company founded in 1998 with 166,876 employees. It is one of the world's leading aircraft manufacturers and aerospace companies.
TEXTRON INC.
Textron Inc. is a U.S.-based public company founded in 1923 with 34,000 employees. The company operates across aerospace, defense, and industrial segments.
FERROVIAL
Ferrovial is a Netherlands-based public company founded in 1952 with 22,464 employees. The company operates in infrastructure, construction, and airport management sectors.
AéROPORTS DE PARIS
Aéroports de Paris is a French public company founded in 1945 with 26,055 employees. The company operates and manages major airports in the Paris region.
THALES
Thales is a French public company founded in 1893 with 82,111 employees. The company is a global leader in aerospace, defense, and security technology solutions.
Countries within North America - compare and drill down
| Country | 2025 size (native) |
|---|---|
| US | USD 5476.2 Million |
| Canada | USD 237.5 Million |
Country market size visualization
Reasons to Buy this Report
- Regional Market Quantification : Obtain precise market sizing for North America ($3,988.8M in 2026) and country-level breakdowns (US: $5,476.2M, Canada: $237.5M) to benchmark competitive positioning and identify high-growth segments within the region.
- Growth Trajectory Intelligence : Access detailed CAGR analysis (23.7% regional vs. 20.9% global) to forecast revenue opportunities, capital allocation priorities, and market entry timing strategies specific to North American UAM expansion through 2031.
- Regulatory and Policy Insights : Understand North America's progressive regulatory environment, FAA certification pathways, and infrastructure development initiatives that differentiate the region and accelerate commercialization timelines compared to other geographies.
- Investment and Partnership Mapping : Identify key private investment trends, aerospace OEM strategies, and public-private partnership models driving North American UAM innovation to inform strategic alliances and funding decisions.
- Competitive Landscape Analysis : Benchmark North America's market dynamics against global competitors, assess regional technology leadership, and evaluate emerging players in eVTOL manufacturing, air traffic management, and mobility services.
Frequently asked questions
What is the current size of the North America UAM market in 2026?
North America's Urban Air Mobility market is valued at $3,988.8 million in 2026, representing significant regional investment in advanced air transportation infrastructure and eVTOL technology development.
What is the projected size of the North America UAM market by 2031?
North America's UAM market is forecast to reach $5,957.6 million by 2031, reflecting sustained growth and commercial deployment expansion across the region's major metropolitan areas.
What is the CAGR for North America's UAM market from 2026 to 2031?
North America's UAM market is expected to grow at a compound annual growth rate of 23.7% between 2026 and 2031, outpacing global average growth rates.
Which factors are driving growth in North America's UAM market?
North America's UAM market growth is driven by regulatory support from the FAA, advanced air traffic management systems, significant venture capital funding, and accelerated eVTOL aircraft certification timelines.
What role does North America play in the global UAM market?
North America serves as the global leader in UAM innovation, technology development, and commercial deployment, with the region's market representing a substantial portion of worldwide UAM investment and revenue generation.
RESEARCH METHODOLOGY
The study followed four main steps to estimate the size of the urban air mobility market. Secondary research was conducted to gather data on eVTOL aircraft platforms, infrastructure development, airspace management systems, operational models, and end-user adoption across urban and regional environments. These findings were validated through primary interviews with industry stakeholders, including aircraft OEMs (Original Equipment Manufacturers), infrastructure providers, mobility operators, regulators, and technology experts. The research team analyzed pilot programs, certification progress, investment trends, and ecosystem partnerships to assess market demand and growth potential. Market estimates were then segmented by platform system, infrastructure, application, operation mode, range, end users, and platform architecture. Data triangulation was applied to validate the final figures for each segment and subsegment.
Secondary Research
Secondary research was conducted to establish the foundation for this study. Data was gathered from industry reports, eVTOL aircraft manufacturers, infrastructure developers, and urban mobility programs across regions. Company information was reviewed from annual reports, product documentation, press releases, and investor disclosures of UAM stakeholders, including aircraft OEMs (Original Equipment Manufacturers), technology providers, and mobility operators. The study also examined industry publications, white papers, and research on electric propulsion, battery systems, airspace management, and urban mobility integration. Additional insights were obtained from aviation authorities, regulatory bodies, and industry associations to analyze market trends, technological advancements, and regional adoption of UAM solutions.
Primary Research
Primary research was conducted after key insights from secondary analysis were identified. The study team engaged with executives, engineers, infrastructure developers, and technology providers involved in the urban air mobility (UAM) ecosystem. Discussions included eVTOL aircraft OEMs (Original Equipment Manufacturers), mobility service operators, vertiport and infrastructure developers, battery and propulsion system providers, and regulatory authorities across major regions. Interviews were conducted through calls and written correspondence to validate market size estimates, operational requirements, and adoption trends.
These interactions helped refine perspectives on the competitive landscape, technology advancements, certification progress, and deployment strategies. Feedback from industry participants was also used to validate assumptions related to infrastructure readiness, airspace integration, and commercial viability. This process ensured improved data accuracy and strengthened the reliability of market estimates and forecasts.
Note: “Others” includes sales, marketing, and product managers.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
The top-down and bottom-up methods were used to estimate and validate the size of the urban air mobility market. The research process involved several steps to ensure accuracy.
- Key companies active in the market were identified through secondary research. Their market share was evaluated using a combination of primary inputs and published data. This included reviewing annual reports, financial disclosures, certification updates, pilot program developments, and public filings from various organizations. Interviews were also conducted with industry participants such as company executives, program managers, mobility operators, infrastructure providers, and aviation experts. These inputs were used to validate assumptions and refine market size estimates across regions.
- All percentage shares, segment splits, and market breakdowns were first developed using secondary information. These values were then verified through primary discussions with industry participants.
- The analysis evaluated key factors shaping the urban air mobility market. Some of these factors are eVTOL development timelines, certification progress, infrastructure deployment (vertiports and charging networks), technological advancements, and investment trends. Each factor was assessed through primary research and used to develop both quantitative and qualitative market estimates for this report.
The top-down approach has been used to estimate and validate the total size of the high voltage current sensor market.
- Identified top-line investments and spending in the ecosystem and major market developments to consider segment-level splits
- Estimated the overall high voltage current sensor market size, then segmented the global market by allocating shares based on the segments considered
- Distributed the segment-level markets into regions and countries by aligning regional high voltage current sensor activity with economic indicators, high voltage current sensor manufacturing presence, and national development initiatives
Urban Air Mobility (UAM) Market : Top-Down and Bottom-Up Approach
Data Triangulation
After determining the overall market size, the total market was divided into multiple segments and subsegments. The data triangulation and market breakdown procedures described below were carried out, where applicable, to complete the overall market analysis and determine the estimated market figures for the segments and subsegments. The data was triangulated by examining various factors and trends from the demand and supply sides. Additionally, the market size was validated using the top-down and bottom-up approaches.
Market Definition
Urban air mobility refers to an advanced air transportation ecosystem that enables the movement of passengers and cargo within and between urban and suburban areas using electric, hybrid-electric, or next-generation vertical take-off and landing (VTOL) aircraft. These aircraft are designed to operate in low-altitude airspace, offering faster, more efficient, and sustainable alternatives to conventional ground transportation. The UAM ecosystem integrates aircraft technologies, ground infrastructure, airspace management systems, and operational services to ensure safe, efficient, and scalable urban air transport. The development of UAM is driven by advancements in electrification, autonomous systems, digital air traffic management, and increasing urban congestion, with a strong focus on safety, regulatory compliance, and operational efficiency.
Key Stakeholders
- Urban air mobility operators and fleet service providers
- eVTOL aircraft manufacturers and original equipment manufacturers (OEMs)
- Infrastructure developers
- Battery, propulsion system, and energy solution providers
- Avionics, flight control, and software solution providers
- Air Traffic Management (ATM) and Unmanned Traffic Management (UTM) solution providers
- Telecom and connectivity providers
- Maintenance, repair, and overhaul (MRO) service providers
- Government authorities, aviation regulators, and urban planning bodies
- Logistics, emergency service, and public safety operators
- Technology companies
- Research organizations and industry associations
Report Objectives
- To define, describe, and forecast the size of the urban air mobility market based on platform system, infrastructure, application, operation mode, range, end user, and platform architecture
- To forecast the size of market segments with respect to key countries in the following regions: North America, Europe, Asia Pacific, Rest of the World
- To identify and analyze drivers, restraints, opportunities, and challenges influencing the growth of the market
- To identify industry trends, market trends, and technology trends currently prevailing in the market
- To provide an overview of the regulatory landscape with respect to the global urban air mobility market regulations
- To analyze micromarkets with respect to individual growth trends, prospects, and their contribution to the overall market
- To analyze opportunities in the market for stakeholders by identifying key market trends
- To profile key market players and comprehensively analyze their market share and core competencies
- To analyze the degree of competition in the market by identifying growth strategies, such as agreements, acquisitions, partnerships, collaborations, and product launches, adopted by leading market players
- To identify detailed financial positions, key products, and unique selling points of leading market players
Available customizations:
MarketsandMarkets offers the following customizations for this market report:
- Additional country-level analysis of the urban air mobility market
- Profiling of other market players (up to 5)
Product Analysis
- Product matrix, which provides a detailed comparison of the product portfolio of each company in the urban air mobility market
Get the Full Urban Air Mobility (UAM) Market Report
Full forecast, segment splits, and company analysis for all Urban Air Mobility (UAM) Market.
- Canada Urban Air Mobility (UAM) Market
- US Urban Air Mobility (UAM) Market
- UK Urban Air Mobility (UAM) Market
- Germany Urban Air Mobility (UAM) Market
- France Urban Air Mobility (UAM) Market
- Italy Urban Air Mobility (UAM) Market
- Spain Urban Air Mobility (UAM) Market
- China Urban Air Mobility (UAM) Market
- Japan Urban Air Mobility (UAM) Market
- South Korea Urban Air Mobility (UAM) Market
- Singapore Urban Air Mobility (UAM) Market
- Australia Urban Air Mobility (UAM) Market
- Rest Of Europe Urban Air Mobility (UAM) Market
Need a Tailored Report?
Customize this report to your needs
Get 10% FREE Customization
Customize This Report