Saudi Arabia Advanced Air Mobility Market Size & Outlook
Saudi Arabia advanced air mobility market, 2018-2035 (US$M)
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Saudi Arabia advanced air mobility market highlights
- The Saudi Arabia advanced air mobility market generated a revenue of USD 127.9 million in 2023 and is expected to reach USD 1,811.1 million by 2035.
- The Saudi Arabia market is expected to grow at a CAGR of 24.7% 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 2023 | USD 127.9 million |
| Market revenue in 2035 | USD 1,811.1 million |
| Growth rate | 24.7% (CAGR from 2023 to 2035) |
| Largest segment | Hardware |
| Fastest growing segment | Software |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2035 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software |
| Key market players worldwide | Airbus 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, Saudi Arabia accounted for 1.3% 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 Middle East & Africa, Saudi Arabia advanced air mobility market is projected to lead the regional market in terms of revenue in 2035.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 1,755.6 million by 2035.
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Advanced Air Mobility Market Scope
Advanced Air Mobility Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia 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 84.36% in 2023. Horizon Databook has segmented the Saudi Arabia advanced air mobility market based on hardware, software covering the revenue growth of each sub-segment from 2018 to 2035.
- Saudi Arabia Advanced Air Mobility Component Outlook (Revenue, USD Million, 2018-2035)
- Hardware
- Aerostructure
- Avionics
- Flight Control System
- Propulsion System
- Others
- Software
- Hardware
- Saudi Arabia Advanced Air Mobility Application Outlook (Revenue, USD Million, 2018-2035)
- Cargo Transport
- Passenger Transport
- Mapping & Surveying
- Special Mission
- Surveillance & Monitoring
- Others
- Saudi Arabia Advanced Air Mobility End Use Outlook (Revenue, USD Million, 2018-2035)
- Commercial
- eCommerce
- Commercial Ridesharing Operators
- Private Operators
- Medical Emergency Organization
- Others
- Government & Military
- Commercial
- Saudi Arabia Advanced Air Mobility Product Outlook (Revenue, USD Million, 2018-2035)
- Fixed-Wing
- Rotary Blade
- Hybrid
- Saudi Arabia Advanced Air Mobility Type Outlook (Revenue, USD Million, 2018-2035)
- Air Taxi
- Drones
- Others
- Saudi Arabia Advanced Air Mobility Takeoff Weight Outlook (Revenue, USD Million, 2018-2035)
- <100kg
- 100-300kg
- >300kg
- Saudi Arabia Advanced Air Mobility Operating Mode Outlook (Revenue, USD Million, 2018-2035)
- Remotely Piloted
- Partially Piloted
- Fully Autonomous
- Saudi Arabia Advanced Air Mobility Propulation Type Outlook (Revenue, USD Million, 2018-2035)
- Gasoline
- Electric
- Hybrid
- Saudi Arabia Advanced Air Mobility Range Outlook (Revenue, USD Million, 2018-2035)
- Intracity(20km-100km)
- Intercity(Above 100Km)
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Target buyers of Saudi Arabia advanced air mobility market databook
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 Saudi Arabia advanced air mobility market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia advanced air mobility market from 2018 to 2035, including revenue numbers, major trends, and company profiles.
Partial client list
Saudi Arabia advanced air mobility market size, by component, 2018-2035 (US$M)
Saudi Arabia Advanced Air Mobility Market Outlook Share, 2023 & 2035 (US$M)
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