Air Taxi Market to Record Annual Growth Rate of 34.53% in 2022 | Evolution of opportunities with Airbus SE and Dassault Aviation Group | 17,000+ Technavio reports

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NEW YORK, December 21, 2021 / PRNewswire / – 30% of growth will come from North America for the air taxi market. The United States and Canada are the key markets for air taxis in North America. Market growth in this region will be faster than market growth in Europe, MEA and South America. The air taxi market is expected to grow by $ 51.37 billion from 2021 to 2026 to a CAGR of 35.55%. The air taxi market is expected to register 34.53% of YOY growth rate in 2022, according to Technavio’s latest report.

Attractive Opportunities in Air Taxi Market by Type and Geography – Forecast and Analysis 2022-2026

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Read the 120-page report with TOC on ‘Air Taxi Market Analysis Report by Type (Two-seater and Four-seater Aircraft) and Geography (North America, Europe, APAC, South America, and MEA) and Segment Forecast, 2022-2026 “. Obtain competitive insights from market leaders. Track key industry opportunities, trends and threats. Marketing, brand, strategy and market insights market development, sales and procurement functions. https://www.technavio.com/report/report/air-taxi-market-industry-analysis

Air Taxi Market – Driver and Challenge

Air taxis offer a promising transport technologies for the future, which has increased investment in the development and implementation of air taxis globally. According to the Financial Times, and based on information from global consultancy McKinsey, investors have pledged $ 4.3 billion to electric air taxi startups around the world in 2021. This funding combines venture capital funding and investors backing proposals through Special Purpose Acquisition Companies (SPACs). Volocopter, a startup from the south Germany, invested around $ 241 million in the construction and testing of electric VTOL (vertical take-off and landing) airplanes. This is the company’s 4th investment in the project. Likewise, many other companies like Uber, Toyota, Hyundai, Airbus and Boeing are investing in air taxis to provide better air mobility in the future.

However, development regulations for air taxis cover everything from vehicle safety, airworthiness and traffic control to noise pollution, operator certification and software safety. Regulatory agencies such as the United States Federal Aviation Administration are still working on standards for the management and control of unmanned aerial vehicles. None of the air taxis are yet certified to carry passengers. There are still open questions about security. There is a significant difference between air taxis and traditional planes (i.e. planes and helicopters). The air taxi does not have a good way to passively generate lift in the event of a power system failure. Those Safety concerns may hamper the air taxi market during the forecast period.

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Some of the major air taxi players:

The air taxi market is fragmented and the suppliers are deploying various organic and inorganic growth strategies to compete in the market. The report analyzes the competitive landscape of the market and offers information about several vendors of the market, including:

  • Airbus SE

  • Dassault Aviation Group

  • EHang Holdings Ltd.

  • Embraer SA

  • Hyundai Motor Co.

  • Lilium SA

  • Textron Aviation Inc.

  • The Boeing Company

  • Uber Technologies Inc.

  • Volocopter GmbH

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Air Taxi Market Type Outlook (Revenue, USD Billion, 2021-2026)

Geographic Outlook of Air Taxi Market (Revenue, USD Billion, 2021-2026)

  • North America – size and forecast 2021-2026

  • Europe – size and forecast 2021-2026

  • APAC – size and forecast 2021-2026

  • South America – size and forecast 2021-2026

  • MEA – size and forecast 2021-2026

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Associated reports:
Electric Air Taxi Market – Electric Air Taxi market share is expected to grow by USD 9.47 billion from 2021 to 2026, and the market growth momentum will accelerate at a CAGR of 27.70%. Download a free sample now!

Helicopter Market –The helicopter market share is expected to increase by 119.00 units from 2021 to 2025, and the market growth momentum will slow to a CAGR of 2.61%. Download a free sample now!

Scope of the air taxi market

Cover of the report

Details

Page number

120

Year of reference

2021

Forecast period

2022-2026

Growth dynamics and CAGR

Accelerate to a CAGR of 35.55%

Market growth 2022-2026

$ 51.37 billion

Market structure

Fragmented

Annual growth (%)

34.53

Regional analysis

North America, Europe, APAC, South America and MEA

Efficient contribution to the market

North America at 30%

Main consumer countries

United States, Germany, China, United Kingdom and Canada

Competitive landscape

Leading companies, competitive strategies, reach of consumer engagement

Profiled companies

Airbus SE, Dassault Aviation Group, EHang Holdings Ltd., Embraer SA, Hyundai Motor Co., Lilium NV, Textron Aviation Inc., The Boeing Co., Uber Technologies Inc. and Volocopter GmbH

Market dynamics

Parent Market Analysis, Market Growth Drivers and Obstacles, Analysis of Fast Growing and Slow Growing Segments, Impact of COVID-19 and Future Consumer Dynamics, Analysis of Market Conditions for the Forecast Period,

Customization

If our report didn’t include the data you’re looking for, you can reach out to our analysts and customize the segments.

About Technavio

Technavio is one of the world’s leading technology research and consulting companies. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialist analysts, Technavio’s report library includes over 17,000 and more reports, spanning 800 technologies, spanning 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research and actionable market intelligence to identify opportunities in existing markets. and potentials and assess their competitive positions in changing market scenarios.

Contacts

Technavio research
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Communication and Marketing Officer
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United Kingdom: +44 203 893 3200
E-mail: media@technavio.com
Website: www.technavio.com/

Technavio (PRNewsfoto / Technavio)

Technavio (PRNewsfoto / Technavio)

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