VenueNiagara Falls Marriott on the Falls, Niagara Falls, ON, Canada
PurposeCanada-Korea International R&D Collaboration on UAM
Theme UAM Research & Technology: Current & Future
UAM is the most promising future transportation system to solve urban traffic congestion and logistics cost problems.
The global UAM market was valued at $1.6B in 2018 and is expected to reach $41B by 2030, growing at a compound annural growth rate of 31%. North America is currently leading the UAM market, and the UAM market in Europe is also growing rapidly.
In Korea, multi-national companies, such as Hyundai Motors and Hanwha, and various research institutes are conducting research and development.