The Dynamic of Global Advanced Air Mobility Security Market –

Driving Factor -

According to the United Nations data set, currently, more than 50% of the world’s population lives in urban areas & is expected to increase to 68% by 2050. Projections show the overall growth of the world’s population could add around 2.5 billion people to urban areas by 2050. With a larger population moving in urban areas, the need for efficient management of transportation systems increases. Hence, the demand for Advanced Air Mobility is increasing to solve issues related to traffic congestions by minimizing travel time and reduce stress on existing transport systems.

Major Challenges -

Despite technological advancements pushing AAM closer to reality, regulatory bodies, such as Federal Aviation Administration (FAA), European Union Aviation Safety Agency (EASA), and Civil Aviation Authority (CAA), are not yet ready to certify eVTOLs as they demand the aircraft to always be in the line of sight and follow fixed slots & paths. In addition, the high initial costs associated with the infrastructure required to facilitate AAM is another challenging factor that limits the Advanced Air Mobility Security market growth.