Latin America Urban Air Mobility (uam) Market Size & Outlook
The urban air mobility (uam) market in Latin America is expected to reach a projected revenue of US$ 1,535.3 million by 2030. A compound annual growth rate of 39.9% is expected of Latin America urban air mobility (uam) market from 2024 to 2030.
Revenue, 2023 (US$M)
$146.4
Forecast, 2030 (US$M)
$1,535.3
CAGR, 2024 - 2030
39.9%
Report Coverage
Latin America
Latin America urban air mobility (uam) market highlights
- The Latin America urban air mobility (uam) market generated a revenue of USD 146.4 million in 2023.
- The market is expected to grow at a CAGR of 39.9% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Hardware is the most lucrative component segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 146.4 million |
| Market revenue in 2030 | USD 1,535.3 million |
| Growth rate | 39.9% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Hardware |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware |
| Key market players worldwide | Microsoft Corp, Amazon.com Inc, Alphabet Inc Class A, Intel Corp, PTC Inc, Cisco Systems Inc, Oracle Corp, SAP SE ADR, Siemens AG, General Electric |
Other key industry trends
- In terms of revenue, Latin America region accounted for 4.1% of the global urban air mobility (uam) market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- MEA is the fastest growing regional market and is projected to reach USD 1,604.0 million by 2030.
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Urban Air Mobility (UAM) Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| General Electric | View profile | 10001+ | Boston, Massachusetts, United States, North America | http://www.ge.com |
| PTC Inc | View profile | 7231 | 121 Seaport Boulevard, Boston, MA, United States, 02210 | https://www.ptc.com |
| Cisco Systems Inc | View profile | 84900 | 170 West Tasman Drive, San Jose, CA, United States, 95134-1706 | https://www.cisco.com |
| Siemens AG | View profile | 321000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | https://www.siemens.com |
| Alphabet Inc Class A | View profile | 180895 | 1600 Amphitheatre Parkway, Mountain View, CA, United States, 94043 | https://www.abc.xyz |
| SAP SE ADR | View profile | 107602 | Dietmar-Hopp-Allee 16, Walldorf, BW, Germany, 69190 | https://www.sap.com |
| Microsoft Corp | View profile | 221000 | One Microsoft Way, Redmond, WA, United States, 98052-6399 | https://www.microsoft.com |
| Intel Corp | View profile | 124800 | 2200 Mission College Boulevard, Santa Clara, CA, United States, 95054-1549 | https://www.intel.com |
| Oracle Corp | View profile | 164000 | 2300 Oracle Way, Austin, TX, United States, 78741 | https://www.oracle.com |
| Amazon.com Inc | View profile | 1525000 | 410 Terry Avenue North, Seattle, WA, United States, 98109-5210 | https://www.amazon.com |
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