Drone Taxi Market: A Comprehensive Study of the Industry

The Global Drone Taxi Market Research Report added by Emergen Research to its expanding repository is an all-inclusive document containing insightful data about the Drone Taxi market and its key elements. The report is curated to give readers and businesses a competitive advantage over other industry players. It was developed through extensive primary and secondary research. The study provides in-depth analysis of the Drone Taxi market, including growth drivers, business opportunities, areas with promising growth, and forecast estimates through 2030. In order to provide precise projections of the Drone Taxi market in the upcoming years, the report analyses historical data and the present situation. The study also offers a thorough analysis of the elements that could either support or hinder market expansion in the upcoming years. The report provides a thorough estimation of the overall impact of the pandemic on the Drone Taxi market and its vital segments. The report also discusses the impact of the pandemic across different regions of the market. It also offers a current and future assessment of the impact of the pandemic on the Drone Taxi market.

The global drone taxi market size was USD 10.8 million in 2021 and is expected to register a revenue CAGR of 63.0% during the forecast period, according to latest analysis by Emergen Research. Technological advancements in manufacturing solutions and increasing research & development for more efficient batteries used in drones and increasing demand for alternative modes of transport focusing on urban mobility due to increased road congestion are major factors driving market revenue growth. Several companies in various industries, such as hospitals, ride-sharing companies, scheduled operators, and private operators, are rapidly adopting drone taxis in urban areas owing to various advantages such as reduction in traffic congestion, sustainability, increased transportation efficiency, faster traveling option, and noise reduction. In addition, government entities are adopting drone taxis owing to variouspotential benefits including use of passenger drones for emergency services such as search and rescue missions and delivery of life-saving goods. Moreover, rising innovations and collaborations between key companies are driving market revenue growth over the forecast period. For instance, on 10 January 2020, Hyundai collaborated with Uber to make drone taxi facilities available for normal citizens and make urban air mobility a reality.

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Some players analyzed in the report are:

LIFT Aircraft Inc., Airbus, Aloft Aviation, Boeing, EHang, Joby Aviation, Karen Airecraft, Inc., Lilium, Moog Inc., Opener

The report further divides the Drone Taxi market into key segments such as types, applications, end-user industries, technologies, and key regions of the market. The report also sheds light on the segment and region exhibiting promising growth in the Drone Taxi market.

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

The report also studies the key companies of the Drone Taxi market along with analysis of their business strategies, M&A activities, investment plans, product portfolio, financial standing, gross profit margin, and production and manufacturing capacities.

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This report is the latest document encompassing the massive changes that took place in the Drone Taxi market following the emergence. The pandemic has drastically affected the global economic landscape, thereby disrupting the operating mechanism of the Drone Taxi market. The severe global crisis has prompted organizations to efficiently respond to the rapidly shifting business environment.

• Propulsion Type Outlook (Revenue, USD Million; 2019–2030)

  • Hybrid
  • Fully Electric
  • Others

• Range Outlook (Revenue, USD Million; 2019–2030)

  • Intracity
  • Intercity

• Autonomy Outlook (Revenue, USD Million; 2019–2030)

  • Fully Autonomous
  • Remotely Piloted

Key Questions Answered by the Report:

Which region is expected to dominate the market in the coming years?

What are the recent technological and product advancements occurring in the market?

What are the key strategies adopted by the prominent players in the Drone Taxi market?

What are the key product types and applications of the Drone Taxi industry?

What is the outcome of SWOT analysis and Porter’s Five Forces analysis?

How is the competitive landscape of the Drone Taxi market?

Who are the key players in the industry?

What is the growth rate of the industry over the coming years?

What will be the valuation of the Drone Taxi Market by 2027?

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