Vertiports Market by Type, Location - Global Forecast 2024-2030

List of Tables

[185 Pages Report] The Vertiports Market size was estimated at USD 624.01 million in 2023 and expected to reach USD 874.74 million in 2024, at a CAGR 42.86% to reach USD 7,581.75 million by 2030.

A vertiport is a strategically designed infrastructure facility that serves as a hub for operating, maintaining, and managing electric vertical takeoff and landing (eVTOL) vehicles, such as urban air taxis, cargo drones, and other next-generation aerial mobility solutions. Vertiports are essential components of urban air mobility (UAM) ecosystems and aim to efficiently integrate aerial transportation networks into existing urban environments without causing significant disruptions to ground-based systems. Vertiports have multiple elements that facilitate seamless operations for eVTOL vehicles, including landing pads or platforms, passenger terminals, aircraft storage facilities, charging stations for batteries or hydrogen fuel cell refueling, air traffic control systems, and maintenance centers. Implementing vertiports is crucial in realizing smart cities and sustainable transportation initiatives worldwide. The vertiport market is experiencing significant growth from various factors, including rapid urbanization with increasing traffic congestion problems across cities and expanding the potential for air taxis and urban air mobility services. Moreover, increasing advancements in eVTOL technologies support the vertiport market's upward growth. Despite its potential growth, the vertiport market faces challenges, such as the high cost of development and the limited range and payload associated with vertiports. On the other hand, continuous technological advancements in vertiport development and increasing vertiport integration with airports and train stations create an opportunity for vertiport manufacturers in upcoming years.

KEY MARKET STATISTICS
Base Year [2023]	USD 624.01 million
Estimated Year [2024]	USD 874.74 million
Forecast Year [2030]	USD 7,581.75 million
CAGR (%)	42.86%

Regional Insights

The demand for vertiports has surged in the Americas, perticularly in North America has been witnessing significant development of vertiport due to its advanced infrastructure and growing congestion in major cities. There has been a substantial surge in investments and collaborations among industry players to develop eVTOL aircraft and supporting infrastructure suhc as vertiports. Latin American countries, including Brazil and Mexico, have shown interest in exploring urban air mobility solutions, which include vertiport infrastructure. Additionally, ongoing trend of rapid urbanization in the APAC region leads to a surge in transportation demand, resulting in traffic congestion on roads. As cities become more densely populated in countries including China and India, governments and private entities recognize the potential of vertiports as an efficient way to alleviate traffic conditions by providing vertical takeoff and landing (VTOL) infrastructure for Urban Air Mobility (UAM). In the EMEA region, technological advancements play a critical role in propelling the expansion of the vertiport market as innovations such as distributed electric propulsion systems enable eVTOL aircraft to achieve vertical takeoff and landing capabilities without excessive noise pollution. In the Middle East and Africa, investment in vertiport infrastructure is surging as governments actively explore UAM to diversify their economies away from oil dependency and enhance connectivity within rapidly growing cities.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Vertiports Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers
- Rapid urbanization with increasing traffic congestion problems across cities
- Increasing advancements in eVTOL technologies
- Expanding potential for air taxi and urban air mobility services

Market Restraints
- High cost of development of vertiports

Market Opportunities
- Continuous technological advancements in the development of vertiports
- Increasing integration of vertiports with airports and train stations

Market Challenges
- Limited range and payload associated with vertiports

Market Segmentation Analysis
- Type: Rising adoption of verti hubs for electric vertical take-off and landing
- Location: Expanding the application of rooftops/elevated vertiports to maximize the use of vertical space

Market Disruption Analysis
Porter's Five Forces Analysis
Value Chain & Critical Path Analysis
Pricing Analysis
Technology Analysis
Patent Analysis
Trade Analysis
Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Vertiports Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Vertiports Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

A Collaborative Venture by Ferrovial S.E. and Milligan Ltd.

Ferrovial S.E., a Spanish infrastructure operator, has partnered with real estate developer Milligan Ltd. to develop vertiport locations in the UK. Working alongside planning advisors AECOM and Lichfields, the requirements for potential sites include a minimum size of 4,000 sqm, connection to utilities, compliance with airspace requirements, and avoiding residential or noise-sensitive areas. The project actively engages in discussions with local authorities, landowners, and asset owners in strategic locations across the UK. [Published On: 2023-06-28]

Lilium GmbH and UrbanV S.p.A Forge Path for Global eVTOL Integration

Lilium GmbH and UrbanV S.p.A have announced a partnership to develop advanced air mobility infrastructure, with an initial focus on Italy and the French Riviera. This collaboration aims to facilitate faster and more efficient movement of people while promoting sustainable eVTOL routes. Moreover, this partnership has the potential to safely integrate Lilium's innovative jets into any of UrbanV's vertiports worldwide. [Published On: 2023-06-20]

SITA and UrbanV's Collaborative Venture in Vertiport Development

SITA, an IT services provider to the air transport sector, and UrbanV S.p.A., an Italian vertiport operator, have signed a MOU to develop a digital-first passenger experience for UrbanV's vertiports in Rome. From UrbanV's test vertiport at Fiumicino airport, both companies are set to collaborate on design, test, and refine a new operating ecosystem that supports the first flight from Fiumicino to Rome's city center. The partnership between SITA and UrbanV is expected to explore potential commercial synergies and validate UrbanV's concept for Rome with a joint go-to-market plan in the AAM segment. [Published On: 2023-06-13]

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Vertiports Market. This critical assessment involves a thorough analysis of the organization's resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Vertiports Market, highlighting leading vendors and their innovative profiles. These include Aeroauto LLC, airsight GmbH, ANA HOLDINGS INC, Aeroports de Paris SA, Bayards Constructions Group, Ferrovial S.E., Giancarlo Zema Design Group, Groupe ADP, Hanwha, Hyundai E&C, Joby Aviation, Inc., Kookiejar of Sweden, Lilium GmbH, Mott MacDonald, Siemens AG, SITA, Skyports Limited, Skyscape Corporation, Skyway, Urban-Air Port Ltd., UrbanV S.p.A, Varon Vehicles Corporation, Vertiko Mobility Inc., Volatus Infrastructure & Energy Solutions, Volocopter GmbH, and VPorts.

Market Segmentation & Coverage

This research report categorizes the Vertiports Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
- Verti Hubs
- Vertibases
- Vertipads

Location
- Ground-based
- Rooftop / Elevated

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

Product Code: MRR-A579C4315936

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Rapid urbanization with increasing traffic congestion problems across cities
  - 5.1.1.2. Increasing advancements in eVTOL technologies
  - 5.1.1.3. Expanding potential for air taxi and urban air mobility services
- 5.1.2. Restraints
  - 5.1.2.1. High cost of development of vertiports
- 5.1.3. Opportunities
  - 5.1.3.1. Continuous technological advancements in the development of vertiports
  - 5.1.3.2. Increasing integration of vertiports with airports and train stations
- 5.1.4. Challenges
  - 5.1.4.1. Limited range and payload associated with vertiports
5.2. Market Segmentation Analysis
- 5.2.1. Type: Rising adoption of verti hubs for electric vertical take-off and landing
- 5.2.2. Location: Expanding the application of rooftops/elevated vertiports to maximize the use of vertical space
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Vertiports Market, by Type

6.1. Introduction
6.2. Verti Hubs
6.3. Vertibases
6.4. Vertipads

7. Vertiports Market, by Location

7.1. Introduction
7.2. Ground-based
7.3. Rooftop / Elevated

8. Americas Vertiports Market

8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States

9. Asia-Pacific Vertiports Market

9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam

10. Europe, Middle East & Africa Vertiports Market

10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom

11. Competitive Landscape

11.1. Market Share Analysis, 2023
11.2. FPNV Positioning Matrix, 2023
11.3. Competitive Scenario Analysis
- 11.3.1. A Collaborative Venture by Ferrovial S.E. and Milligan Ltd.
- 11.3.2. Lilium GmbH and UrbanV S.p.A Forge Path for Global eVTOL Integration
- 11.3.3. SITA and UrbanV's Collaborative Venture in Vertiport Development
11.4. Strategy Analysis & Recommendation

12. Competitive Portfolio

12.1. Key Company Profiles
12.2. Key Product Portfolio