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Air Taxi Market Global In-depth Analysis, Upcoming Trends, Market Size, Share, Key Players, Opportunity and Forecast to 2030

Air Taxi Market by Propulsion Type (Parallel Hybrid, Electric, Turboshaft, and Turboelectric), Aircraft Type (Multicopter, Quadcopter, and Others), and Passenger Capacity (One, Two, Four, and More than six): Global Opportunity Analysis and Industry Forecast, 2021-2030

The Global Air Taxi Market is estimated to grow at a CAGR of 26.2% during the forecast period 2021-2030. As per the analysis, the global market is expected to record the figure of $817.50 million by the year 2021 and expected to reach $6.63 billion by the end of the year 2030. North America recorded the fastest growth in the global market and accounted to witness a CAGR of ~29% during the forecast period 2021-2030.

Air Taxi is an easy solution to commute over shorter distances via air. The air taxi is compact in size and its easy operational abilities allow it to easy land and take-off by using short runways.

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Market Dynamics

The Global Air Taxi Market is driven by various growth factors such as surge in road traffic congestion and increasing demand for alternative modes of transportation. However, the market growth is hindered by stringent regulations considering aviation license and high differential fare. Whereas, the supportive government initiative related to boosting air travelling will create novel market opportunities.

Road Traffic Congestion

According to some studies, in one of the cities of Russia, residents spent the equivalent of approx. 9 days in the year 2018 stuck in traffic. INRIX, a data analytics company provided some interesting facts that says, in the year 2018, Moscow accounted as the most traffic-congested city in the world, with average spending of 210 hours in peak rush hour periods by city’s drivers.

Traffic congestion is directly influence by a large number of populations, available infrastructure, increasing penetration of delivery services, the economy and many more directly impacting parameters; also, it is a global phenomenon that imposes massive costs both socially and economically. Hence, increasing traffic congestion around the world actively attracting the demand of air taxi services that in turn will influence the market growth in positive manner.

Segmentation Overview of the Global Air Taxi Market

The Global Air Taxi Market is segmented on the basis of Propulsion Type, Aircraft Type and Passenger Capacity. These market segments are further categorized into various sub-segments to study the market in detail.

The Propulsion System of the Global Air Taxi Market is Sub-Segmented into:

  • Turboelectric Propulsion
  • Turboshaft
  • Electric
  • Parallel Hybrid

The Aircraft Type Segment of the Global Air Taxi Market is Sub-Segmented into:

  • Quadcopter
  • Multicopter
  • Other

The Passenger Capacity Segment of the Global Air Taxi Market is Sub-Segmented into:

  • One
  • Two
  • Four
  • More Than Six

Geographical Overview of the Global Air Taxi Market

Geographical segmentation of the global air taxi market include market analysis across North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Italy, Turkey, and rest of Europe), Asia-Pacific (China, India, Australia & New Zealand, ASEAN and rest of Asia-pacific), and LAMEA (Latin America, the Middle East, and Africa).

As per the analysis, the North America accounted as the dominant region and expected to hold the highest market share in the year 2021 and expected to continue the dominance by the year 2030. The regional dominance is due to increased adoption of latest advanced technologies in the region.

Key Players Insight

Uber Technologies, Volocopter GmbH, Lilium, Hyundai, EHANG, Embraer, Dassault Systems, Boeing, Beechcraft Corporation (subsidiary of Textron Aviation) and Airbus S.A.S. are some major players included in the research study of the global air taxi market. The market players are adopting various competitive strategies to acquire majority of the market share along with high market penetration.

In April 2019, Uber announced to start its air taxi service in Melbourne by the year 2023. Moreover, the Australian was named as the third official pilot city for Uber Air, joining Los Angeles and Dallas.

Key Topics Covered

Chapter 1: Introduction

1.1. Report Description
1.2. Key Benefits For Stakeholders
1.3. Key Market Segments
1.4. Research Methodology

1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools And Models

Chapter 2: Executive Summary

2.1. Cxo Perspective

Chapter 3: Market Overview

3.1. Market Definition And Scope
3.2. Key Findings

3.2.1. Top Impacting Factors
3.2.2. Top Investment Pockets
3.2.3. Top Winning Strategies

3.3. Porter’S Five Forces Analysis
3.4. Market Share Analysis (2021)
3.5. Market Dynamics

3.5.1. Drivers

3.5.1.1. Need For An Alternative Mode of Transportation
3.5.1.2. Increased Road Traffic Congestion

3.5.2. Restraint

3.5.2.1. High Differential Fare
3.5.2.2. Strict Regulations For Aviation License

3.5.3. Opportunities

3.5.3.1. Government Initiatives

Chapter 4: Air Taxi Market, By Propulsion Type

4.1. Overview
4.2. Parallel Hybrid

4.2.1. Key Market Trends, Growth Factors And Opportunities
4.2.2. Market Size And Forecast, By Region
4.2.3. Market Analysis By Country

4.3. Electric

4.3.1. Key Market Trends, Growth Factors, And Opportunities
4.3.2. Market Size And Forecast, By Region
4.3.3. Market Analysis By Country

4.4. Turboshaft

4.4.1. Key Market Trends, Growth Factors, And Opportunities
4.4.2. Market Size And Forecast, By Region
4.4.3. Market Analysis By Country

4.5. Turboelectric

4.5.1. Key Market Trends, Growth Factors, And Opportunities
4.5.2. Market Size And Forecast, By Region
4.5.3. Market Analysis By Country

Chapter 5: Air Taxi Market, By Aircraft Type

5.1. Overview
5.2. Multi-Copter

5.2.1. Key Market Trends, Growth Factors And Opportunities
5.2.2. Market Size And Forecast, By Region
5.2.3. Market Analysis By Country

5.3. Quadcopter

5.3.1. Key Market Trends, Growth Factors, And Opportunities
5.3.2. Market Size And Forecast, By Region
5.3.3. Market Analysis By Country

5.4. Others

5.4.1. Key Market Trends, Growth Factors, And Opportunities
5.4.2. Market Size And Forecast, By Region
5.4.3. Market Analysis By Country

Chapter 6: Air Taxi Market, By Passenger Capacity

6.1. Overview
6.2. One

6.2.1. Key Market Trends, Growth Factors And Opportunities
6.2.2. Market Size And Forecast, By Region
6.2.3. Market Analysis By Country

6.3. Two

6.3.1. Key Market Trends, Growth Factors, And Opportunities
6.3.2. Market Size And Forecast, By Region
6.3.3. Market Analysis By Country

6.4. Four

6.4.1. Key Market Trends, Growth Factors, And Opportunities
6.4.2. Market Size And Forecast, By Region
6.4.3. Market Analysis By Country

6.5. More Than Six

6.5.1. Key Market Trends, Growth Factors, And Opportunities
6.5.2. Market Size And Forecast, By Region
6.5.3. Market Analysis By Country

Chapter 7: Air Taxi Market, By Region

7.1. Overview
7.2. North America

7.2.1. Key Market Trends, Growth Factors, And Opportunities
7.2.2. Market Size And Forecast, By Propulsion Type
7.2.3. Market Size And Forecast, By Aircraft Type
7.2.4. Market Size And Forecast, By Passenger Capacity
7.2.5. Market Analysis By Country

7.2.5.1. U.S.

7.2.5.1.1. Market Size And Forecast, By Propulsion Type
7.2.5.1.2. Market Size And Forecast, By Aircraft Type
7.2.5.1.3. Market Size And Forecast, By Passenger Capacity

7.2.5.2. Canada

7.2.5.2.1. Market Size And Forecast, By Propulsion Type
7.2.5.2.2. Market Size And Forecast, By Aircraft Type
7.2.5.2.3. Market Size And Forecast, By Passenger Capacity

7.2.5.3. Mexico

7.2.5.3.1. Market Size And Forecast, By Propulsion Type
7.2.5.3.2. Market Size And Forecast, By Aircraft Type
7.2.5.3.3. Market Size And Forecast, By Passenger Capacity

7.3. Europe

7.3.1. Key Market Trends, Growth Factors, And Opportunities
7.3.2. Market Size And Forecast, By Propulsion Type
7.3.3. Market Size And Forecast, By Aircraft Type
7.3.4. Market Size And Forecast, By Passenger Capacity
7.3.5. Market Analysis By Country

7.3.5.1. Germany

7.3.5.1.1. Market Size And Forecast, By Propulsion Type
7.3.5.1.2. Market Size And Forecast, By Aircraft Type
7.3.5.1.3. Market Size And Forecast, By Passenger Capacity

7.3.5.2. France

7.3.5.2.1. Market Size And Forecast, By Propulsion Type
7.3.5.2.2. Market Size And Forecast, By Aircraft Type
7.3.5.2.3. Market Size And Forecast, By Passenger Capacity

7.3.5.3. Netherlands

7.3.5.3.1. Market Size And Forecast, By Propulsion Type
7.3.5.3.2. Market Size And Forecast, By Aircraft Type
7.3.5.3.3. Market Size And Forecast, By Passenger Capacity

7.3.5.4. Uk

7.3.5.4.1. Market Size And Forecast, By Propulsion Type
7.3.5.4.2. Market Size And Forecast, By Aircraft Type
7.3.5.4.3. Market Size And Forecast, By Passenger Capacity

7.3.5.5. Rest of Europe

7.3.5.5.1. Market Size And Forecast, By Propulsion Type
7.3.5.5.2. Market Size And Forecast, By Aircraft Type
7.3.5.5.3. Market Size And Forecast, By Passenger Capacity

7.4. Asia-Pacific

7.4.1. Key Market Trends, Growth Factors, And Opportunities
7.4.2. Market Size And Forecast, By Propulsion Type
7.4.3. Market Size And Forecast, By Aircraft Type
7.4.4. Market Size And Forecast, By Passenger Capacity
7.4.5. Market Analysis By Country

7.4.5.1. China

7.4.5.1.1. Market Size And Forecast, By Propulsion Type
7.4.5.1.2. Market Size And Forecast, By Aircraft Type
7.4.5.1.3. Market Size And Forecast, By Passenger Capacity

7.4.5.2. Japan

7.4.5.2.1. Market Size And Forecast, By Propulsion Type
7.4.5.2.2. Market Size And Forecast, By Aircraft Type
7.4.5.2.3. Market Size And Forecast, By Passenger Capacity

7.4.5.3. India

7.4.5.3.1. Market Size And Forecast, By Propulsion Type
7.4.5.3.2. Market Size And Forecast, By Aircraft Type
7.4.5.3.3. Market Size And Forecast, By Passenger Capacity

7.4.5.4. South Korea

7.4.5.4.1. Market Size And Forecast, By Propulsion Type
7.4.5.4.2. Market Size And Forecast, By Aircraft Type
7.4.5.4.3. Market Size And Forecast, By Passenger Capacity

7.4.5.5. Rest of Asia-Pacific

7.4.5.5.1. Market Size And Forecast, By Propulsion Type
7.4.5.5.2. Market Size And Forecast, By Aircraft Type
7.4.5.5.3. Market Size And Forecast, By Passenger Capacity

7.5. Lamea

7.5.1. Key Market Trends, Growth Factors, And Opportunities
7.5.2. Market Size And Forecast, By Propulsion Type
7.5.3. Market Size And Forecast, By Aircraft Type
7.5.4. Market Size And Forecast, By Passenger Capacity
7.5.5. Market Analysis By Country

7.5.5.1. Latin America

7.5.5.1.1. Market Size And Forecast, By Propulsion Type
7.5.5.1.2. Market Size And Forecast, By Aircraft Type
7.5.5.1.3. Market Size And Forecast, By Passenger Capacity

7.5.6.2. Middle East

7.5.6.2.1. Market Size And Forecast, By Propulsion Type
7.5.6.2.2. Market Size And Forecast, By Aircraft Type
7.5.6.2.3. Market Size And Forecast, By Passenger Capacity

7.5.6.3. Africa

7.5.6.3.1. Market Size And Forecast, By Propulsion Type
7.5.6.3.2. Market Size And Forecast, By Aircraft Type
7.5.6.3.3. Market Size And Forecast, By Passenger Capacity

Chapter 8: Company Profiles

8.1. Airbus S.A.S.

8.1.1. Company Overview
8.1.2. Company Snapshot
8.1.3. Operating Business Segments
8.1.4. Business Performance
8.1.5. Key Strategic Moves And Developments

8.2. Beechcraft Corporation (Subsidiary of Textron Aviation)

8.2.1. Company Overview
8.2.2. Company Snapshot
8.2.3. Operating Business Segments
8.2.4. Business Performance

8.3. Boeing

8.3.1. Company Overview
8.3.2. Company Snapshot
8.3.3. Operating Business Segments
8.3.4. Business Performance
8.3.5. Key Strategic Moves And Developments

8.4. Dassault Systems

8.4.1. Company Overview
8.4.2. Company Snapshot
8.4.3. Operating Business Segments
8.4.4. Business Performance
8.4.5. Key Strategic Moves And Developments

8.5. Embraer

8.5.1. Company Overview
8.5.2. Company Snapshot
8.5.3. Operating Business Segments
8.5.4. Business Performance
8.5.5. Key Strategic Moves And Developments

8.6. Ehang

8.6.1. Company Overview
8.6.2. Company Snapshot
8.6.3. Operating Business Segments
8.6.4. Key Strategic Moves And Developments

8.7. Hyundai Motor Company

8.7.1. Company Overview
8.7.2. Company Snapshot
8.7.3. Operating Business Segments
8.7.4. Business Performance
8.7.5. Key Strategic Moves And Developments

8.8. Lilium

8.8.1. Company Overview
8.8.2. Company Snapshot
8.8.3. Operating Business Segments
8.8.4. Key Strategic Moves And Developments

8.9. Volocopter Gmbh

8.9.1. Company Overview
8.9.2. Company Snapshot
8.9.3. Operating Business Segments
8.9.4. Key Strategic Moves And Developments

8.10. Uber Technologies

8.10.1. Company Overview
8.10.2. Company Snapshot
8.10.3. Operating Business Segments
8.10.4. Business Performance
8.10.5. Key Strategic Moves And Developments

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The post Air Taxi Market Global In-depth Analysis, Upcoming Trends, Market Size, Share, Key Players, Opportunity and Forecast to 2030 appeared first on Market News Bizz.

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