The European air taxi market is projected to grow at a considerable CAGR during the forecast period. The presence of major companies such as Airbus and the investment made by the companies in these technologies has surged the growth of the European air taxi market. The government initiative for urban air mobility is significantly contributing to the air taxi industry. In addition, the regulations for the UAM industry have been drafted in Europe, which implies the commercial entry phase of the market in the region. With this, it is expected that the market in Europe will grow at a considerable rate during the forecast period.
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The European market for air taxis is segregated on the basis of propulsion type and operation. As per the propulsion type, the market is further classified into electric, parallel hybrid, turboshaft, and turboelectric. The electric segment is projected to have considerable growth in the European air taxi market. On the basis of operation, the market is further segregated into autonomous and piloted. The autonomous operation segment is estimated to hold a significant share owing to the rising demand for autonomous air vehicles across the region. Based on geography, the European air taxi market is further segregated into the UK, Germany, France, Spain, Italy, and the Rest of Europe. Among, geography the UK is projected to have a considerable share in the European air taxi market owing to the presence of major market players and high disposable income in the region.
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The market study of the European air taxi market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
European Air Taxi Market – Segmentation
by Propulsion Type
Electric
Parallel Hybrid
Turboshaft
Turboelectric
by Operation
Autonomous
Piloted
European Air Taxi Market – Segmentation by Region
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Company Profiles
Airbus SE
The Boeing Co.
FACC AG
Fly Aeolus
Embraer SA
Kitty Hawk Corp.
Neva Aerospace, Ltd.
Lilium GmbH
Uber Technologies, Inc.
Volocopter GmbH
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