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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The global air taxi market is segmented based on propulsion type, and operation. Based on the propulsion type, the market is further classified into electric, parallel hybrid, turboshaft, and turboelectric. The electric segment is projected to have considerable growth owing to the significant rise in adoption of electric vehicles. On the basis of operation the market is further segregated into autonomous and piloted.
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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
Regional Analysis
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• Rest of Asia-Pacific
Rest of the World
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
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