Canada Advanced Air Mobility Market Size & Outlook

The advanced air mobility market in Canada is expected to reach a projected revenue of US$ 8,072.6 million by 2035. A compound annual growth rate of 25.5% is expected of Canada advanced air mobility market from 2024 to 2035.
Revenue, 2023 (US$M)
$530.6
Forecast, 2035 (US$M)
$8,072.6
CAGR, 2024 - 2035
25.5%
Report Coverage
Canada

Canada advanced air mobility market highlights

  • The Canada advanced air mobility market generated a revenue of USD 530.6 million in 2023 and is expected to reach USD 8,072.6 million by 2035.
  • The Canada market is expected to grow at a CAGR of 25.5% from 2024 to 2035.
  • In terms of segment, hardware was the largest revenue generating component in 2023.
  • Software is the most lucrative component segment registering the fastest growth during the forecast period.

Advanced air mobility market data book summary

Market revenue in 2023USD 530.6 million
Market revenue in 2035USD 8,072.6 million
Growth rate25.5% (CAGR from 2023 to 2035)
Largest segmentHardware
Fastest growing segmentSoftware
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2035
Quantitative unitsRevenue in USD million
Market segmentationHardware, Software
Key market players worldwideAirbus SE, Boeing Co, Textron Inc, Guangzhou Automobile Group Co Ltd Class H, Embraer SA ADR, Joby Aviation Inc, Lilium NV Ordinary Shares - Class A, Geely Automobile Holdings Ltd, Vertical Aerospace Ltd, Workhorse Group Inc

Other key industry trends

  • In terms of revenue, Canada accounted for 5.4% of the global advanced air mobility market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2035.
  • In North America, U.S. advanced air mobility market is projected to lead the regional market in terms of revenue in 2035.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 8,072.6 million by 2035.

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Advanced Air Mobility Market Companies

Name Profile # Employees HQ Website

Canada 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 84.83% in 2023. Horizon Databook has segmented the Canada advanced air mobility market based on hardware, software covering the revenue growth of each sub-segment from 2018 to 2035.


  • Canada Advanced Air Mobility Component Outlook (Revenue, USD Million, 2018-2035)
    • Hardware
      • Aerostructure
      • Avionics
      • Flight Control System
      • Propulsion System
      • Others
    • Software
  • Canada Advanced Air Mobility Application Outlook (Revenue, USD Million, 2018-2035)
    • Cargo Transport
    • Passenger Transport
    • Mapping & Surveying
    • Special Mission
    • Surveillance & Monitoring
    • Others
  • Canada Advanced Air Mobility End Use Outlook (Revenue, USD Million, 2018-2035)
    • Commercial
      • eCommerce
      • Commercial Ridesharing Operators
      • Private Operators
      • Medical Emergency Organization
      • Others
    • Government & Military
  • Canada Advanced Air Mobility Product Outlook (Revenue, USD Million, 2018-2035)
    • Fixed-Wing
    • Rotary Blade
    • Hybrid
  • Canada Advanced Air Mobility Type Outlook (Revenue, USD Million, 2018-2035)
    • Air Taxi
    • Drones
    • Others
  • Canada Advanced Air Mobility Takeoff Weight Outlook (Revenue, USD Million, 2018-2035)
    • <100kg
    • 100-300kg
    • >300kg
  • Canada Advanced Air Mobility Operating Mode Outlook (Revenue, USD Million, 2018-2035)
    • Remotely Piloted
    • Partially Piloted
    • Fully Autonomous
  • Canada Advanced Air Mobility Propulation Type Outlook (Revenue, USD Million, 2018-2035)
    • Gasoline
    • Electric
    • Hybrid
  • Canada Advanced Air Mobility Range Outlook (Revenue, USD Million, 2018-2035)
    • Intracity(20km-100km)
    • Intercity(Above 100Km)

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Target buyers of Canada advanced air mobility market databook

  • Our clientele includes a mix of advanced air mobility market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada advanced air mobility market , including forecasts for subscribers. This country databook contains high-level insights into Canada advanced air mobility market from 2018 to 2035, including revenue numbers, major trends, and company profiles.

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Canada advanced air mobility market size, by component, 2018-2035 (US$M)

Canada Advanced Air Mobility Market Outlook Share, 2023 & 2035 (US$M)

Canada advanced air mobility market size, by component, 2018-2035 (US$M)

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