Global Advanced Air Mobility Market Forecast and Strategies to 2035 | Capitalize on a $64.39 Billion Market by 2035 as Boeing, Airbus, AutoFlight and Joby Accelerate eVTOL Autonomy
Dublin, Nov. 04, 2026 (GLOBE NEWSWIRE) -- "Advanced Air Mobility Global Market Opportunities and Strategies to 2035" has been added to ResearchAndMarkets.com's offering.
The global advanced air mobility market reached approximately $11.36 billion in 2025 after expanding at a compound annual growth rate (CAGR) of 20.9% from 2020. The market is projected to grow at a CAGR of 20.7%, reaching $29.11 billion by 2030. Continued investment, technological development and commercialization are expected to support further expansion at a CAGR of 17.2% from 2030 to 2035, when the market is forecast to reach $64.39 billion.
The advanced air mobility market report analyzes industry performance during the historic period from 2020 to 2025 and provides forecasts through 2030 and 2035. It assesses market conditions across major regions and economies while examining growth drivers, constraints, emerging technologies and opportunities within the global advanced air mobility ecosystem.
Historic market growth was supported by increasing venture capital and private investment in electric vertical takeoff and landing aircraft startups. Low-emission aviation initiatives led by airlines and governments also contributed to development, alongside rising military and emergency-response applications. Pilot programs and commercial trials involving unmanned aircraft further strengthened demand. However, high infrastructure capital requirements and limited battery recycling and disposal systems constrained broader market adoption.
Future growth is expected to be driven by worsening road congestion in metropolitan areas, the expansion of cargo drones and autonomous delivery aircraft, and the transition toward electric aviation and sustainable mobility. Airport infrastructure investment and modernization projects are also creating opportunities for advanced aircraft operations. Potential barriers include adverse weather and microclimate conditions, limited passenger throughput at vertiports, stringent aviation safety certification requirements, lengthy regulatory approval processes, tariffs and international trade tensions.
Key advanced air mobility market trends include the development of modular vertipad systems to support scalable electric aircraft infrastructure. Integration pilot programs are accelerating commercialization, while urban air traffic management platforms are helping prepare airspace for more complex low-altitude operations. Strategic partnerships among aircraft developers, infrastructure providers, technology companies and public authorities are also advancing ecosystem development and operational readiness.
By type, the market is segmented into air taxis and drones. Drones represented the largest segment in 2025, accounting for $11.36 billion. The drone segment is forecast to remain a major growth category through 2030, expanding at a CAGR of 19% as commercial, logistics, public safety and industrial applications increase.
By component, the market includes hardware and software. Hardware generated $9.5 billion in 2025 and accounted for 83.9% of the total market. Software is expected to record the fastest growth through 2030, with a projected CAGR of 23.5%, supported by demand for autonomous flight systems, fleet management, navigation, communications and air traffic coordination capabilities.
Based on mode of operation, the advanced air mobility market is divided into piloted and autonomous operations. Piloted operations accounted for 65.5% of the market, or $7.44 billion, in 2025. Autonomous operations are forecast to be the fastest-growing segment between 2025 and 2030, advancing at a CAGR of 25.3% as automation technology, safety systems and regulatory frameworks mature.
By propulsion type, the market covers parallel hybrid, electric and turboelectric propulsion. Electric propulsion led the market in 2025 with a 58.2% share valued at $6.6 billion. It is also projected to be the fastest-growing propulsion segment through 2030, expanding at a CAGR of 24.6% amid increasing emphasis on lower-emission aviation and sustainable transportation.
By application, the market is segmented into cargo transport, passenger transport and delivery drones. Cargo transport was the largest application in 2025, representing 59% of the market and generating $6.7 billion. Delivery drones are expected to post the fastest growth through 2030, with a CAGR of 21.7%, supported by expanding logistics networks and demand for faster, more flexible delivery services.
North America was the largest regional advanced air mobility market in 2025, accounting for 36.3% of global revenue, or $4.11 billion. Western Europe and Asia-Pacific followed. Looking ahead, the Middle East and Africa are projected to be the fastest-growing regions, with respective CAGRs of 30.6% and 26.2%. South America and Asia-Pacific are expected to follow, expanding at CAGRs of 26.1% and 23.4%, respectively.
Markets Covered:
1) By Type: Air Taxis; Drones
2) By Component: Hardware; Software
3) By Mode Of Operation: Piloted Mode Of Operation; Autonomous Mode Of Operation
4) By Propulsion Type: Parallel Hybrid Propulsion; Electric Propulsion; Turboelectric Propulsion
5) By Application: Cargo Transport; Passenger Transport; Delivery Drones
Time Series:
Five years historic and ten years forecast.
Data:
Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; advanced air mobility indicators comparison.
Data Segmentation:
Country and regional historic and forecast data; market share of competitors; market segments.
Companies Featured
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