The global urban air mobility market is projected to grow from USD 2.16 billion in 2026 to reach USD 16.27 billion by 2035, at a CAGR of 20.9% from 2031 to 2035. The demand for faster and more efficient urban transport is going up as cities deal with heavy traffic and long travel times. People now want options that are easy, reliable, and save time. All these factors are driving the need for urban air mobility services. At the same time, improvements in electric propulsion, battery technology and autonomous flight systems are helping in building new air transport platforms. More investments from governments and private companies, along with the development of infrastructure like vertiports and charging networks, are further supporting the market growth.
Some of the major market players include Joby Aero, Inc., EHang, Archer Aviation Inc., Skyports Infrastructure Limited, and BETA Technologies, Inc. These companies are leveraging organic and inorganic strategies, such as partnerships, acquisitions, defense contracts, and product innovations, to strengthen their portfolios in the urban air mobility market.
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In March 2026, Joby Aviation announced that it would begin early air taxi operations across multiple US states under a White House-backed Advanced Air Mobility program. The initiative would allow the company to operate in states and support real-world deployment and regulatory validation. This milestone significantly accelerates Joby’s path toward commercial launch by enabling early operational testing and ecosystem integration. It reflects growing government support and marks a key step toward scaling urban air mobility services in the US.
Joby Aviation is a leading US-based player in the urban air mobility market. It focuses on developing electric vertical take-off and landing (eVTOL) aircraft for passenger transport. The company designs and manufactures fully electric aircraft aimed at providing fast, quiet, and zero-emission air taxi services in urban and regional environments. Joby is actively progressing through certification with aviation authorities and has conducted extensive flight testing to validate safety and performance. The company is also building an integrated UAM ecosystem, including infrastructure partnerships and operational services. Its solutions are targeted at applications such as urban passenger mobility, airport transfers, and regional connectivity. Strong partnerships with government bodies and mobility operators position Joby Aviation as a key player in the commercialization of urban air mobility services.
Vertical Aerospace is an aerospace company based in the UK. It focuses on the development of advanced air mobility platforms. In this space, the company operates through its aircraft development division and designs electric vertical aircraft for urban passenger transport. It manages key processes, including design, engineering, testing, and certification in collaboration with global aerospace partners. Its portfolio includes the VX4 aircraft, developed for short-range urban and regional mobility applications.
Additionally, the company focuses on delivering safe, low-noise, and zero-emission solutions to improve urban transportation efficiency and reduce congestion. These capabilities support operators in offering faster and more sustainable mobility services. Vertical Aerospace is also working on scaling production and expanding partnerships, with a clear focus on certification, commercialization, and integration into future urban air transport networks.
EHang is an emerging autonomous aerial vehicle company based in China. It has a strong presence in the urban air mobility market with its focus on autonomous air transport solutions. In this space, the company works through its aerial mobility platform division and develops pilotless aircraft for passenger travel, logistics and emergency use. It manages the full process from design and development to testing, certification and manufacturing. Its portfolio includes the EH216 series, along with solutions for aerial logistics and smart city integration. The company is focused on providing safe, autonomous and low-emission transport while improving operational efficiency. These capabilities help in offering scalable and on-demand mobility services. EHang is also working on expanding its ecosystem, with a focus on regulatory approvals, infrastructure integration and commercialization of autonomous urban air mobility solutions.
Archer Aviation Inc. is a US-based aerospace company with a focused presence in the urban air mobility market, mainly working on advanced air transport solutions. In this space, the company operates through its aircraft development division and designs platforms for short-distance urban passenger travel. It handles key stages like engineering, testing, certification and planned manufacturing, with support from partnerships across the aviation value chain. Its portfolio includes the Midnight aircraft, which is designed for high-frequency urban operations. The company focuses on improving efficiency, lowering noise and reducing emissions to meet changing urban mobility needs. These capabilities help service providers improve routes and reduce travel time in crowded cities. Archer Aviation Inc. is moving towards commercialization with a strong focus on regulatory approvals, scaling up production and building ecosystem partnerships for future urban transport integration.
Market Ranking
The urban air mobility market is becoming increasingly competitive as cities adopt faster and more efficient transport solutions to address congestion. Advancements in electric propulsion, autonomous systems, and digital traffic management are supporting early deployment, while investments and pilot programs continue to rise. Joby Aero, Inc. leads the market with strong progress in eVTOL development, certification, and ecosystem partnerships. EHang follows with early advancements in autonomous air mobility. Archer Aviation Inc. is gaining traction through strategic collaborations and commercialization initiatives. Skyports Infrastructure Limited plays a key role in infrastructure development, and BETA Technologies, Inc. is emerging with its focus on electric aircraft and charging ecosystem solutions.
Related Reports:
Urban Air Mobility (UAM) Market by Systems (Aerostructure, Propulsion, Electrical, Avionics, FCS, Interiors), Application (Passenger, Cargo & Logistics, Medical & Disaster, Private), Infrastructure, Range, Architecture, Region - Global Forecast to 2035
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