0
2019
Air Taxi Market

Air Taxi Market

Size, Share, Competitive Landscape and Trend Analysis Report 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

Report Code: A05857
Pages: 221
Tables: 94
Charts: 69
  • Formats*:

  • pdf

    Single User License, Five User
    License & Enterprise User License

  • xls

    Data Pack Excel License

  • ppt

    It comes with the additional cost
    of $2500.00 contact sales.

 

Air Taxi Market Statistics - 2030

The global air taxi market size is expected to be $817.50 million by 2021, and is projected to reach $6.63 billion by 2030, registering a CAGR of 26.2% from 2021 to 2030. The electric segment will be the highest contributor to the market, with $329.28 million in 2021, and is expected to reach $3.39 billion by 2030, at a CAGR of 30.4% during the forecast period. The electric and parallel hybrid segments will collectively be accounting for around 73.5% share of the global market in 2021, with the former constituting around 40.3% share. The electric and parallel hybrid segments will witness significant CAGRs of 30.4% and 26.5%, respectively, during the forecast period. The cumulative share of these two segments will be 73.5% in the air taxi market in 2021, and is anticipated to reach 83.2% by 2030.

Air taxi is a type of aircraft which is well organized in operations and is intended for shorter distance to travel. The concept of air taxi was first introduced way back in 2001 by NASA and aerospace industry study on the potential Small Aircraft Transportation System (SATS) and rise of light-jet aircraft manufacturing in the U.S. Later with the increased number of vehicles running on the road followed by the increased traffic congestion, the demand for better and efficient transportation system has increased; thereby, increasing the demand for air taxi across the globe. Furthermore, various companies in aviation and transportation industry collaborated for the development of air taxi to be implemented across the globe.

Air Taxi Market

Increase in government initiatives and rise in investments by the top players in the aviation industry boost the growth of the global air taxi market. Moreover, increase in development and innovations further fuels the air taxi industry. In addition, positive impact of developments carried out by numerous startups and top players increases market across the globe thereby increasing the air taxi market size.

Air Taxi Market
By Propulsion

Your browser does not support the canvas element.

Electric Propulsion is projected as the most lucrative segments

Get more information on this report : Request Sample Pages

The factors such as need for an alternative mode of transportation and increased road traffic congestion drive the air taxi market growth. However, high differential fare and stringent regulations for aviation license is expected to hamper the market growth. Further, government initiatives for the introduction of air taxi is expected to create numerous opportunities for the growth and expansion of market during the air taxi market forecast.

Air Taxi Market
By Aircraft Type

Your browser does not support the canvas element.

Quadcopters is projected as the most lucrative segment

Get more information on this report : Request Sample Pages

The global air taxi market is segmented on the basis of propulsion type, aircraft type, passenger capacity, and region. Based on propulsion system, the market is categorized into parallel hybrid, electric, turboshaft, and turboelectric propulsion. Depending on aircraft type, it is divided into multicopter, quadcopter, and other. Based on passenger capacity, it is fragmented into one, two, four, and more than six passengers sitting in the vehicle. Based on region, the air taxi market analysis is done across North America, Europe, Asia-Pacific, and LAMEA.

Air Taxi Market
By Passenger Capacity

Your browser does not support the canvas element.

More than six passenger capacity is projected as the most lucrative segments

Get more information on this report : Request Sample Pages

Key players including Airbus S.A.S., Beechcraft Corporation (subsidiary of Textron Aviation), Boeing, Dassault Systèmes, Embraer, EHANG, Hyundai, Lilium, Volocopter GmbH, and Uber Technologies hold major market share.

Air Taxi Market
By Region

2030
North America 
Europe
Asia-Pacific
LAMEA

North America would exhibit the highest CAGR of 29.6% during 2021-2030.

Get more information on this report : Request Sample Pages

Need for an alternative mode of transportation

With the introduction of latest technologies in transportation sector such as automation of railways and cars the demand for an alternative mode of transportation has aroused across the globe. This has led the companies operating in the aviation sector to focus toward the introduction of air taxis across the globe. For the same, various collaborations have been made by different companies to innovate new concepts for the development of air taxi. For instance, Airbus S.A.S. has introduced the electric air taxi CityAirbus along with Audi, which has the capability to take off and land vertically along with various other developments such as full-scale flight test of VAHANA, the all-electric, self-piloted, and VTOL aircraft. These developments are carried out due to the need for alternative mode of transportation which eventually leads to the growth of the market during the forecast period.

Increased traffic congestion

With the increased number of vehicles operating on the road, the problem of traffic congestion across the globe has increased to a larger extent. This has caused serious issues such as environmental pollution and others. Therefore, the demand for air taxis has aroused, which is helpful in reducing traffic congestion. These taxies will help reduce the road traffic congestion by transporting the passengers by air means. Thus, increased road traffic congestion across the globe increase the demand for air taxi to be operable in the region, which eventually leads to the global market during the forecast period.

High differential fare

Huge investments have been carried out by the top companies for the introduction of air taxi across the globe and hence the cost incurred in opting the service will be quiet high as compared to on road taxi. This is due to high investment and rare means of transportation that is introduced on a smaller scale. In addition, the air taxis to be deployed across the globe will be helpful to tackle the road traffic congestion but at the same time will be costlier to avail the service. Thus, the high differential fare of the air taxi is expected to hamper the growth of the air taxis eventually affecting the air taxi market share.

Government initiatives

Various governments across the globe have initiated the process of introducing the concept of air taxi in their region by allowing the top players to develop and innovate air taxi for their region which fuels the air taxi market trends. They have set up various plants across the globe for innovation, which is expected to increase the air taxi market size across the globe. For instance, Uber Technologies has selected five countries to implement their air taxi service during the introduction phase. In addition, various other developments have been carried out such as Lilium has decided to set up its software development unit in the UK for air taxi, which is expected to fuel the growth of the market in the region along with creating numerous job opportunities. Thus, various government initiatives across the globe are expected to boost the market growth during the forecast period.

Key Benefits for Air Taxi Market:

  • This study presents the analytical depiction of the global air taxi market analysis along with the current trends and future estimations to depict the imminent investment pockets.
  • The overall air taxi market opportunity is determined by understanding the profitable trends to gain a stronger foothold.
  • The report presents information related to the key drivers, restraints, and opportunities of the global market with a detailed impact analysis.
  • The current air taxi market is quantitatively analyzed from 2018 to 2026 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

Air Taxi Market Report Highlights

Aspects Details
By Propulsion Type
  • Parallel Hybrid
  • Electric
  • Turboshaft
  • Turboelectric
By Aircraft Type
  • Multicopter
  • Quadcopter
  • Others
By Passenger Capacity
  • One
  • Two
  • Four
  • More than six
By Region
  • NORTH AMERICA  (U.S, CANADA, MEXICO)
  • EUROPE  (GERMANY, FRANCE, NETHERLANDS, UK, REST OF EUROPE)
  • ASIA-PACIFIC  (China, Japan, India, SOUTH KOREA, REST OF ASIA-PACIFIC)
  • LAMEA  (LATIN AMERICA, MIDDLE EAST, AFRICA)
Key Market Players Volocopter GmbH, Airbus S.A.S., Beechcraft Corporation (subsidiary of Textron Aviation), Boeing, EHANG, Uber Technologies, Lilium, Hyundai Motor Company, Dassault Systèmes, Embraer
 

Loading Table Of Content...


 
 

Air taxi is a type of aircraft that is well organized in operations and is intended for shorter distance to travel. The concept of air taxi was first introduced way back in 2001 by NASA and since then continuous innovations and developments have been carried out in the field of air taxis to be implemented across the globe. The increased number of vehicles running on the road followed by the increased traffic congestion fuel the demand for better, efficient, and an alternative means of transport; thereby, boosting the demand for air taxis across the globe. Various companies in the aviation and transportation industry collaborated for the development of air taxi to be implemented across the globe. In addition, increase in government initiatives and rise in investments in the aviation industry boost the market growth. Moreover, increase in innovations by the top players in the field of air taxi is expected to drive the growth of the air taxi market in the near future.

The factors such as need for an alternative mode of transportation and increased road traffic congestion drive the growth of the air taxi market. However, high differential fare and stringent regulations for aviation license is expected to hamper the market growth. Further, government initiatives for the introduction of air taxi is expected to create numerous opportunities for the growth and expansion of market.

Among the analyzed regions, currently, North America is the highest revenue contributor, and is expected to maintain the lead during the forecast period, followed by Europe, Asia-Pacific, and LAMEA.

Purchase Options

Call or Email Us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : +44-845-528-1300
Email : help@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Sample
Related Tags

Purchase Full Report of
Air Taxi Market

Start reading instantly.
This Report and over 71,233+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,456
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
    (Dec 2020 - Dec 2021)
  • Data Pack
  • $3,840
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Dec 2020 - Dec 2021)
  • Single User
  • $5,769
  • Restricted to one authorized user
  • One print only
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Dec 2020 - Dec 2021)
  • Five Users
  • $6,450
  • Limited to five authorized users
  • Print upto five copies
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Dec 2020 - Dec 2021)
  • Enterprise
    License/PDF

  • $10,995
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Dec 2020 - Dec 2021)
  • Library
    Membership

  • $999 $ 1,175
    Per User/ Per month/ Billed annually
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

Related Reports
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of the scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to provide pertinent information and save time for readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of the scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save the time of readers