Global Air Taxi MarketMarket2021: Global Industry Analysis Report to 2027


Posted September 16, 2021 by danishahmed

The US air taxi market is estimated to grow at a considerable CAGR during the forecast period (2020-2026).
 
The US air taxi market is estimated to grow at a considerable CAGR during the forecast period (2020-2026). The market is mainly driven by the contribution of various major players in the country such as Uber Inc., Honeywell International, Kitty Hawk, Hoversurf, and others. For instance, In October 2019, Uber announced the launch of The Uber Copter, a helicopter taxi service that started in New York. Along with that in October 2019, Boeing signed an MoU with Porsche to find new opportunities in UAM. Both the companies with Boeing’s subsidiary Aurora Flight Sciences are working to develop electric VTOL aircraft. 


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The global market for air taxi is projected to have considerable CAGR of around 26.5% during the forecast period. The growth of the air taxi market is attributed to the rising investments from various private organizations to enhance the consumer flying experience by providing UAM for commercial applications including air taxi. The rapid urbanization along with increased road congestion has led the manufacturers and service providers to offer efficient and cost-effective transportation and goods-delivery system, which has resulted in the growth of the air taxi services. Further, extensive R&D investments in the air taxi market, with many startups and aerospace players actively contributing to the market are creating enormous growth opportunities in the market. Adding to this, increasing demand for autonomous flight technology coupled with the developed communication system tends to increase the market share of air taxi.

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Market Segmentation

Global Air Taxi Market by Propulsion Type

Electric
 Parallel Hybrid
Turboshaft 
Turboelectric

Global Air Taxi Market by Operation

 Autonomous
 Piloted 



Company Profiles


Airbus SE
Airspace Experience Technologies, Inc.
The Boeing Co. 
Bell Textron, Inc.
EHang Intelligent Technology Co. Ltd.
FACC AG
Fly Aeolus
Embraer SA
Honeywell International, Inc.
Hoversurf
Kitty Hawk Corp. 
Neva Aerospace, Ltd. 
Nurol Aviation Inc.
Lockheed Martin Corp. 
Lilium GmbH
Skyway Air Taxi, LLC
Uber Technologies, Inc.
Volocopter GmbH

Global Air Taxi Market– Segmentation by Region

North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America


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Issued By Danish Ahmed
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Country India
Categories Business
Tags global air taxi market
Last Updated September 16, 2021