Urban Air Mobility (UAM) Market Size & Share Study Projected to Reach USD 49.09 Billion By 2032: Report by Polaris Market Research [Yahoo! Finance]
Archer Aviation Inc. Class A (ACHR)
Company Research
Source: Yahoo! Finance
New York, NY, March 13, 2024 (GLOBE NEWSWIRE) -- The global urban air mobility market size and share was valued at USD 4.30 billion in 2023 and is anticipated to generate an estimated revenue of USD 49.09 billion by 2032, with a CAGR of 31.1% from 2024 to 2032. What is the Urban Air Mobility? How Big is Urban Air Mobility (UAM) Market Size & Share? Urban air mobility is an advanced form of transportation designed to reduce travel times and optimize routes. Innovative eVTOLs, or electric vehicles with vertical takeoff and landing capabilities, can make it a reality. Because of its greater flexibility, this form of transportation can relieve traffic on major thoroughfares in high-traffic areas. The air vehicle industry has advanced significantly in the last few years, with numerous large companies already working on various electric alternatives. As a result, the urban air mobility market size is growing. Moreover, rapid urbanization makes traffic congestion more problematic and
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ACHR
News
- Archer Aviation Inc. (NYSE: ACHR) had its price target lowered by analysts at JPMorgan Chase & Co. from $7.00 to $5.00. They now have an "overweight" rating on the stock.MarketBeat
- Archer Aviation Inc. (ACHR) Rises Yet Lags Behind Market: Some Facts Worth Knowing [Yahoo! Finance]Yahoo! Finance
- Flying taxis, autonomous cars, and seagliders soon to be a reality in Abu Dhabi, confirms inaugural DRIFTx [Yahoo! Finance]Yahoo! Finance
- Archer Aviation Inc. (ACHR) Gains But Lags Market: What You Should Know [Yahoo! Finance]Yahoo! Finance
- Archer Signs Framework Agreement For Multi-Hundred-Million Dollars To Accelerate Commercial Air Taxi Operations Across UAE [Yahoo! Finance]Yahoo! Finance
ACHR
Sec Filings
- 4/29/24 - Form ARS
- 4/29/24 - Form DEFA14A
- 4/29/24 - Form DEF
- ACHR's page on the SEC website