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Vertiports Market Trends

  • Report ID: GMI10407
  • Published Date: Jul 2024
  • Report Format: PDF

Vertiports Market Trends

Governments are increasingly forming dedicated regulatory bodies or agencies specifically focused on urban air mobility (UAM) and eVTOL operations. These entities are tasked with developing safety standards, operational guidelines, and certification processes tailored to the unique needs of vertiports and eVTOL aircraft. Governments are increasingly committing funding and resources to support the development of vertiports. This includes direct investments, grants, and incentives to encourage private sector involvement in building and operating vertiports as part of broader transportation networks.
 

For instance, in April 2024, the Abu Dhabi Investment Office (ADIO), in collaboration with the UAE's General Civil Aviation Authority (GCAA) and the Department of Municipalities and Transport, Abu Dhabi (DMT), launched the UAE's first operational vertiport for electric vertical take-off and landing (eVTOL) aircraft at DRIFTx. This temporary vertiport, built to meet the latest industry standards set by the GCAA, exemplifies Abu Dhabi's vision to develop one of the world's leading sectors for eVTOLs by 2026. AD Mobility will oversee the advanced air mobility sector in Abu Dhabi in partnership with the GCAA.
 

Vertiports are increasingly being designed with sustainable infrastructure in mind, incorporating green building materials, energy-efficient designs, and renewable energy sources, such as solar panels, to minimize their environmental footprint. As urban air mobility grows, there is a strong focus on developing eVTOL aircraft and vertiports that prioritize noise reduction.
 

Innovations in aircraft design and noise mitigation strategies aim to minimize disturbances in urban areas. There is a growing trend towards conducting comprehensive environmental impact assessments (EIAs) before vertiport development. These assessments evaluate potential effects on local ecosystems and communities, ensuring sustainable site selection and operation. The industry is increasingly adopting lifecycle assessments (LCAs) to evaluate the environmental impact of vertiports from construction to operation. This holistic approach helps identify areas for improvement and ensures long-term sustainability.

Authors: Suraj Gujar , Rutvij Kshirsagar

Frequently Asked Questions (FAQ) :

The market size for vertiports was valued at USD 400 million in 2023 and is anticipated to record a CAGR of over 40% between 2024 and 2032, owing to the development of electric vertical takeoff and landing (eVTOL) aircraft.

The landing pads segment is expected to reach over USD 4 billion by 2032, owing to a growing trend toward integrating landing pads with existing urban infrastructure to ensure seamless connectivity between aerial and ground transportation.

The market in North America is expected to reach USD 3.5 billion by 2032, driven by rapid urbanization and advancements in urban air mobility (UAM).

Urban-Air Port Ltd., Skyports, Volocopter GmbH, Lilium GmbH, Ferrovial, Honeywell International, Inc., and Thales Group.

Vertiports Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 25
  • Tables & Figures: 402
  • Countries covered: 21
  • Pages: 220
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