Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. United Kingdom
  4. London Stock Exchange
  5. GlobalData Plc
  6. News
  7. Summary
    DATA   GB00B87ZTG26

GLOBALDATA PLC

(DATA)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

GlobalData : Urban air mobility solutions will revolutionize mobility industry, says GlobalData

07/28/2021 | 11:37am EDT
28 Jul 2021
Urban air mobility solutions will revolutionize mobility industry, says GlobalData
Posted in Disruptor

The race to develop urban air mobility (UAM) solutions has gathered momentum over the past few years even though the concept has been around for decades. UAM, in particular electric vertical take-off and landing (eVTOL), has potential benefits such as easing traffic congestion and enables efficient passenger and cargo transportation, says GlobalData, a leading data and analytics company.

In a global survey (over 500 respondents) conducted by GlobalData between 6 May and 10 May 2021, 35% of the respondents stated that they are aware of UAM/flying vehicles, and 34% felt that safety and reliability will be the primary drivers for using UAM solutions.

Shagun Sachdeva, Innovation Analyst at GlobalData, comments: 'Even though there has been growing consumer awareness about the utility of UAM, gaining consumer confidence requires time and combined effort across the UAM ecosystem. Leveraging UAM partnerships to coordinate messaging campaigns among UAM stakeholders will be a good start to gain public trust.'

GlobalData's latest report, 'Urban Air Mobility Solutions: Are we ready for the new mobility revolution?', reveals that growing discussions around UAM solutions on social media platforms and active jobs for the same continue to increase since September 2020. It also reveals that most discussions on social media in the UAM solutions space are around product launch plans, special purpose acquisition company (SPAC) route to go public, partnerships with ride hailing services, and trial flights.

Towards the end of 2020, there was a spike in discussions around Volocopter opening reservations for its air taxi flights and the Chinese player EHang demonstrating heavy payload aerial vehicles. Another uptick in discussions was observed in 2021 when Joby Aviation took a SPAC route to go public and the very first flying car airport opened in the UK.

Investments in the UAM solutions space have grown from US$76m in 2015 to US$1bn in 2020 and high levels of investment have been directed to advanced technologies in areas such as developing prototype autonomous/driverless UAM vehicles, flying electric racing cars, as well as vehicles with sophisticated pilot assistance features. At the same time, the industry has witnessed the rise of the ride-hailing firms such as Grab, rental car/bikes companies, flight lease services and executive jet operators looking to take the first-mover advantage and tap the disruptive opportunities in the UAM market.

Ms Shagun continues: 'When it comes to venture capital (VC) investment, investors are bullish on the UAM space. Startup and seed funding remains a significant proportion in investments in the recent years, indicating the promise of higher innovation activity in the UAM field.'

Slovak company Klein Vision has successfully conducted intercity test run of a prototype flying car AirCar between Nitra and Bratislava in Slovakia on 28 June 2021.

However, the COVID-19 pandemic seems to be an existential threat to the notion of shared mobility in the UAM space. GlobalData expects decision makers to likely revisit their innovation portfolios post COVID-19 era. Big players in the aviation and automotive industry might be tempted to roll back future projects to focus on their core business.

Ms Shagun concludes: '2021 is likely to be the year of revisiting the strategies when it comes to UAM development, critical infrastructure network building, and enabling public acceptance. Manufacturers are aware that the widespread use of UAMs is likely to take years. However, their market arrival will disrupt the mobility landscape, which is already in transition.'

Disclaimer

GlobalData plc published this content on 28 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 July 2021 15:33:29 UTC.


© Publicnow 2021
All news about GLOBALDATA PLC
09/16GLOBALDATA : Global food prices hike could drive consumers away from restaurant ..
PU
09/16GLOBALDATA : Global military recruitment problems poised to be overcome with unm..
PU
09/16GLOBALDATA : Bud Light Next will appeal to third of US population focused on fit..
PU
09/16GLOBALDATA : Wikitude will reinforce Qualcomm's lead in chips for the fast-growi..
PU
09/16GLOBALDATA : British Army's Future Soldier Program rests on success of the digit..
PU
09/16GLOBALDATA : Unfazed by regulatory shakeups China startups raise US$64.7bn VC fu..
PU
09/16GLOBALDATA : Online food delivery services tap ‘dark store' concept to cat..
PU
09/16GLOBALDATA : Make-up preferences of Chinese consumers highly influenced by socia..
PU
09/16GLOBALDATA : Huawei OptiXtrans OSN 1800 Ranked as Only Leader in Packet-Optical ..
AQ
09/15GLOBALDATA : Collaboration and communications tech to continue to thrive with hy..
PU
More news
Financials
Sales 2021 192 M 264 M 264 M
Net income 2021 27,9 M 38,4 M 38,4 M
Net Debt 2021 50,8 M 70,1 M 70,1 M
P/E ratio 2021 66,4x
Yield 2021 1,22%
Capitalization 1 755 M 2 418 M 2 421 M
EV / Sales 2021 9,42x
EV / Sales 2022 8,69x
Nbr of Employees 3 472
Free-Float 30,8%
Chart GLOBALDATA PLC
Duration : Period :
GlobalData Plc Technical Analysis Chart | DATA | GB00B87ZTG26 | MarketScreener
Technical analysis trends GLOBALDATA PLC
Short TermMid-TermLong Term
TrendsBearishNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 5
Last Close Price 1 487,50 GBX
Average target price 1 592,50 GBX
Spread / Average Target 7,06%
EPS Revisions
Managers and Directors
Michael Thomas Danson Chief Executive Officer & Director
Graham Charles Lilley Chief Financial Officer, Secretary & Director
Murray Legg Independent Non-Executive Chairman
Peter Martin Harkness Independent Non-Executive Director
Catherine Birkett Independent Non-Executive Director
Sector and Competitors
1st jan.Capi. (M$)
GLOBALDATA PLC8.97%2 418
S&P GLOBAL INC.38.12%108 914
THOMSON REUTERS CORPORATION44.21%58 908
RELX PLC22.62%57 805
MSCI INC.46.05%53 370
EQUIFAX INC.41.63%33 275