Information Technology & Telecommunication / Flying Taxi Market Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players Ã¢ÂÂ Airbus, Ehang, Vertical Aerospace, Boeing, Volocopter
Flying Taxi Market Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players Ã¢ÂÂ Airbus, Ehang, Vertical Aerospace, Boeing, Volocopter
The global Flying Taxi Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 32.0% during the review period (2022 to 2027)
Flying Taxi Market Overview
Air taxi is a type of aircraft which is well organized in procedures and is intended for shorter distance to travel. An Air Taxi can be used to carry passengers for intracity or intracity transportation. They will be equipped with cutting-edge technology that is silent, safe, and environmentally responsive. Drone taxis are designed to fly remotely piloted or autonomously, avoid obstacles, and take-off, fly, and land precisely every time. Drone taxi propulsion can be fully electric or hybrid electric. Some of the advantages of drone taxis include reduction in traffic congestion, sustainability, increased transportation efficiency, and noise reduction 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 improved; thereby, increasing the demand for air taxi across the globe. The key purpose of a drone taxi is to facilitate intracity transportation to reduce the strain on existing urban mobility solutions. Now, with the limited availability of high-powered, lightweight lithium-ion batteries and the infrastructure required for the setting up of charging points for these batteries, the majority of autonomous aircraft manufacturers are in the research & development phase, leaving only a handful of players to deploy their autonomous aircraft for intracity transportation.
In May 2021, Boeing-backed startup Wisk Aero made its first deal for the operation of Air taxis in the United States. Wisk has partnered with Blade Urban Air Mobility, Inc., under which Wisk will deliver up to 30 eVTOL aircraft to the UAM company.
In March 2022, NetJets signed a Memorandum of Understanding (MoU) with Lilium N.V. for a proposed strategic partnership. The agreement also allows NetJets the right to purchase up to 150 Lilium aircraft.
What are the major Applications, Types and Regions for Flying Taxi Market?
By Type, it is segmented into
By Applications it is segmented into
Flying Taxi Market Regional Analysis
The presence of essential aviation infrastructure required for urban air mobility makes the North American region the early adopter of air taxi services in the years to come. The US, a key market in the region, is anticipated to generate a massive demand for Urban Air Mobility in the region. Along with the high consumer demand, highly developed air traffic control infrastructure, and the growing emphasis on unmanned traffic management are expected to help the growth of the market in the region, as these are the ideal parameters for the operation of air taxi services.
Rest of Europe
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
The Flying Taxi Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Flying Taxi Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Flying Taxi Market Report Scope?
Forecast Period 2022 to 2027 CAGR
CAGR of 32.0% during the review period (2022 to 2027).
Airbus, Ehang, Vertical Aerospace, Boeing, Volocopter, China's Zhejiang Geely Holding Group (Terrafugia), Lilium, Joby Aviation, AeroMobil, Kitty Hawk, Moog, Porsche, Hyundai, Bell Textron, Audi, Aston Martin
Rest of the World
Rest of Europe
Rest of Asia-Pacific
Middle East & Africa
2017 to 2021
2022 to 2027
Number of Pages
Yes, the report can be customized as per your needs
Key Takeaways from this Flying Taxi Report
Evaluate Flying Taxi market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
Analyze the sales and distribution channels across geographies to enhance top-line revenues.
Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the Flying Taxi market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
What is the study period of this market?
The Flying Taxi Market is studied from 2017 - 2027.
What is the growth rate of Flying Taxi Market?
The Flying Taxi Market is growing at a CAGR of 32.0% over the next 5 years.
What regions does this Flying Taxi Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
China's Zhejiang Geely Holding Group (Terrafugia),
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.