Product ID: UCMIG20S2003
Air Taxi Market Size, Share, Growth Analysis, By Propulsion(Parallel Hybrid, Electric), By Aircraft type(Multicopter, Quadcopter), By Passenger capacity(One, Two), By Region(North America, U.S.) - Industry Forecast 2024-2031
Report ID:
UCMIG20S2003 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
Air Taxi Market Insights
Market Overview:
At present, across the globe, there is a rise in the demand for better and more efficient transportation systems. One of the key factors positively influencing the market, this coupled with the growing number of vehicles operating on the road and causing serious environmental impact. The market growth is contributed due to the significant expansion of the aviation and transportation industry. To introduce several technological advancements, leading market players are continuously funding research and development (R&D) activities. An integrated and connected multimodal transportation network is introduced, that enables the consumer to access on-demand air mobility, goods delivery, and emergency services. A favorable market outlook is created worldwide due to confluence with the rising government initiation to provide air taxi services in urban areas, develop smart cities projects and support the aviation industry. The market is driven due to major factors including the introduction of electric air taxi that is capable of taking off and landing vertically and the development of full-scale flight tests, the all-electric, self-piloted aircraft as an alternative mode of transportation.
Air Taxi Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Airlines by segment aggregation, the contribution of the Airlines in Transportation and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Air Taxi Market Report Snapshots
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