Global Advanced Air Mobility Market Size & Outlook

The global advanced air mobility market size was estimated at USD 11,751.2 million in 2024 and is projected to reach USD 137,113.2 million by 2035, growing at a CAGR of 25.5% from 2025 to 2035.
Revenue, 2024 (US$M)
$11,751.2
Forecast, 2035 (US$M)
$137,113.2
CAGR, 2025 - 2035
25.5%
Report Coverage
Worldwide

Global advanced air mobility market highlights

  • The global advanced air mobility market generated a revenue of USD 11,751.2 million in 2024 and is expected to reach USD 137,113.2 million by 2035.
  • The market is expected to grow at a CAGR (2025 - 2035) of 25.5% by 2035.
  • In terms of segment, hardware accounted for a revenue of USD 11,931.4 million in 2024.
  • Software is the most lucrative component segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2024.
  • Country-wise, India is expected to register the highest CAGR from 2025 to 2035.

Global data book summary

Market revenue in 2024USD 11,751.2 million
Market revenue in 2035USD 137,113.2 million
Growth rate25.5% (CAGR from 2025 to 2035)
Largest segmentHardware
Fastest growing segmentSoftware
Historical data covered2021 - 2023
Base year for estimation2024
Forecast period covered2025 - 2035
Quantitative unitsRevenue in USD million
Market segmentationHardware, Software

Other key industry trends

  • In terms of revenue, the North America accounted for 37.5% of the global advanced air mobility market in 2024.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2035.
  • By country, India is the fastest growing regional market and is projected to reach USD 4,234.4 million by 2035.

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Advanced Air Mobility Market Companies

Name Profile # Employees HQ Website
Workhorse Group Inc View profile 298 3600 Park 42 Drive, Suite 160E, Sharonville, OH, United States, 45241 https://www.workhorse.com
Vertical Aerospace Ltd View profile 306 Chapel Street, Unit 1 Camwal Court, Bristol, United Kingdom, BS2 0UW https://www.vertical-aerospace.com
Geely Automobile Holdings Ltd View profile 60000 23 Harbour Road, Room 2301, 23rd Floor, Great Eagle Centre, Wanchai, Hong Kong, Hong Kong http://www.geelyauto.com.hk
Lilium NV Ordinary Shares - Class A View profile 964 Galileostrasse 335, Gauting, BY, Germany, 82131 https://www.lilium.com
Joby Aviation Inc View profile 1777 2155 Delaware Avenue, Suite 225, Santa Cruz, CA, United States, 95060 https://www.jobyaviation.com
Guangzhou Automobile Group Co Ltd Class H View profile 96825 18 Whitfield Road, Room 808, Citicorp Centre, Causeway Bay, Hong Kong, Hong Kong https://www.gac.com.cn
Embraer SA ADR View profile 21892 Avenida Dra. Ruth Cardoso, 8501, 30th Floor, Pinheiros, SP, Brazil, 05425-070 https://ri.embraer.com.br
Boeing Co View profile 171000 929 Long Bridge Drive, Arlington, VA, United States, 22202 https://www.boeing.com
Airbus SE View profile 150093 P.O. Box 32008, Leiden, ZH, Netherlands, 2303 DA https://www.airbus.com
Textron Inc View profile 35000 40 Westminster Street, Providence, RI, United States, 02903 https://www.textron.com

Global advanced air mobility market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to advanced air mobility market will help companies and investors design strategic landscapes.


Hardware was the largest segment with a revenue share of 101.53% in 2024. Horizon Databook has segmented the Global advanced air mobility market based on hardware, software covering the revenue growth of each sub-segment from 2021 to 2035.


  • Global Advanced Air Mobility Component Outlook (Revenue, USD Million, 2021-2035)
    • Hardware
      • Propulsion System
      • Aerostructure
      • Avionics
      • Others
      • Flight Control System
    • Software
  • Global Advanced Air Mobility Application Outlook (Revenue, USD Million, 2021-2035)
    • Surveillance & Monitoring
    • Special Mission
    • Passenger Transport
    • Mapping & Surveying
    • Cargo Transport
    • Others
  • Global Advanced Air Mobility End Use Outlook (Revenue, USD Million, 2021-2035)
    • Commercial
      • eCommerce
      • Commercial Ridesharing Operators
      • Private Operators
      • Medical Emergency Organization
      • Others
    • Government & Military
  • Global Advanced Air Mobility Product Outlook (Revenue, USD Million, 2021-2035)
    • Fixed-Wing
    • Rotary Blade
    • Hybrid
  • Global Advanced Air Mobility Type Outlook (Revenue, USD Million, 2021-2035)
    • Air Taxi
    • Drones
    • Others
  • Global Advanced Air Mobility Max Takeoff Weight Outlook (Revenue, USD Million, 2021-2035)
    • <100kg
    • 100 to 300kg
    • >300kg
  • Global Advanced Air Mobility Operating Mode Outlook (Revenue, USD Million, 2021-2035)
    • Remotely Piloted
    • Partially Piloted
    • Fully Autonomous
  • Global Advanced Air Mobility Propulation Type Outlook (Revenue, USD Million, 2021-2035)
    • Gasoline
    • Electric
    • Hybrid
  • Global Advanced Air Mobility Range Outlook (Revenue, USD Million, 2021-2035)
    • Intracity(20km to 100km)
    • Intercity(Above 100Km)

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  • Our clientele includes a mix of advanced air mobility market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global advanced air mobility market , including forecasts for subscribers. This global databook contains high-level insights into Global advanced air mobility market from 2021 to 2035, including revenue numbers, major trends, and company profiles.

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Global advanced air mobility market size, by regions, 2021-2035 (US$M)

Top 10 countries: Advanced air mobility market size, 2024 (US$M)

Global advanced air mobility market share, by component, 2024 & 2035 (%, US$M)

Advanced air mobility market: Opportunity assessment by country

Global advanced air mobility market, by region, 2024 (US$M)

Global advanced air mobility market size, by regions, 2021-2035 (US$M)

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