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The global eVTOL aircraft market size was estimated to be worth USD 1.11 billion in 2020. The market value is expected to increase from USD 5.41 billion in 2023 to USD 23.21 billion in 2028 at a CAGR of 23.13% during 2023-2028. Growing urbanization, increasing traffic congestion, and the need for smarter transportation solutions are some of the major factors propelling the market forward. Browse Detailed Summary of Research Report: https://www.fortunebusinessinsights.com/evtol-aircraft-market-106298

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The urban air mobility market size was USD 2.90 billion in 2020. The market is projected to grow from USD 3.01 billion in 2021 to USD 8.91 billion in 2028 at a CAGR of 16.77% during the 2023-2028 period. This vital information is presented by Fortune Business Insights™, in its report titled, “Urban Air Mobility Market, 2023-2028.” Factors such as increasing urbanization and degrading traffic conditions will boost the market during the forecast period. Information Source- https://www.fortunebusinessinsights.com/urban-air-mobility-uam-market-106344