Dubai Airshow begins on Nov 13, advanced aerial mobility takes centre stage

  • Date: 13-Nov-2023
  • Source: Gulf Business
  • Sector:Real Estate
  • Country:UAE
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Dubai Airshow begins on Nov 13, advanced aerial mobility takes centre stage



Drones, unmanned aerial vehicles (UAVs), urban air mobility (UAM), and electric vertical take-off and landing aircraft are gaining prominence as the world looks to more advanced and sustainable forms of transport to address growing urbanisation and climate change impacts.

According to Precedence Research, a consultancy firm, the global unmanned aerial vehicle (UAV) drones market size was estimated at $22.68bn in 2021 and is expected to hit over $102.38bn by 2030, with a registered compound annual growth rate (CAGR) of 18.2 per cent over the forecast period 2022 to 2030. Similarly, the global advanced air mobility (AAM) market is expected to witness significant growth over the 2023-2030 period, thanks to the acceleration of the market for passenger transportation that will see the definition of necessary regulations to enable full-scale commercialisation in the second half of the decade.

According to estimates from Strategy&, the expected 34 per cent CAGR for the 2025-2030 period should bring the global AAM market value up to EUR55.2bn in 2030.

Dubai Airshow features a dedicated AAM pavilion

The 2023 edition of Dubai Airshow, being held from November 13 to 17, at Dubai World Central (DWC), will also prominently feature this category of aerial vehicles.

Held under the theme: ‘The Future of the