A new report released in late May by the research firm Insight Partners forecasts that the global electric aircraft market will soar in value, hitting approximately USD 40.11 billion by 2031. This reflects a Compound Annual Growth Rate (CAGR) of 25.1%, with 2025 as the starting point. The findings point to accelerating progress in the development of Urban Air Mobility (UAM) infrastructure as a key growth catalyst.
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