UAE

Dubai To Show Off Futuristic Flying Taxis as Airshow Looks To Emerging $110 Billion Market

Dubai Airshow 2023 will showcase flying taxis and the latest flying transport vehicles later this year.

This is expected to be a pivotal year for the advanced aerial mobility (AAM) market, as disruptive methods of aerial transportation are fast becoming the future of aviation.

With the global market expected to be valued at $16.81bn in 2025, and reach $110.02bn in 2035, registering a CAGR of 21.7 per cent, the rapid growth is seeing an influx of new inventive air freight and passenger transport solutions, along with new regulations, resources and infrastructure.

Set to transform the future of travel for people and cargo, the pace of innovation and advancements in future aerial mobility solutions are making it one of the fastest-growing markets in aerospace.

Click Here to Read More.

Comments

Source
Arabian Business

Related Articles

Back to top button