Air Taxi Market by Propulsion Type (Parallel Hybrid, Electric, Turboshaft and Turboelectric), Aircraft Type (Multicopter, Quadcopter, and Others), and Passenger Capacity (One, Two, Four and More than Six): Global Opportunity Analysis and Industry Forecast, 2021 - 2030

Air Taxi Market 

The global air taxi market size is expected to be USD 817.50 Million by 2021, and is projected to reach USD 6.63 Billion by 2030, registering a CAGR of 26.2% from 2021 to 2030. Key drivers of the air taxi market include the rising need for an alternative mode of transportation due to traffic congestion.

The electric segment will be the highest contributor to the market, with $329.28 million in 2021, and is expected to reach $3.39 billion by 2030, at a CAGR of 30.4% during the forecast period. The electric and parallel hybrid segments will collectively be accounting for around 73.5% share of the global market in 2021, with the former constituting around 40.3% share. The electric and parallel hybrid segments will witness significant CAGRs of 30.4% and 26.5%, respectively, during the forecast period. The cumulative share of these two segments will be 73.5% in the air taxi market in 2021, and is anticipated to reach 83.2% by 2030.

The favorable government initiatives an d technological innovations will fuel the growth of the air taxi market in the forthcoming years.

Trends Influencing the Growth of the Global Air Taxi Market 

The alternative mode of transportation

The growing automation of railways, cars, and buses has paved the way for rapid technological breakthroughs in the transportation industry. Companies are focusing on air taxis even more. For instance, Airbus SAS has introduced the electric air taxi CityAirbus along with Audi to take off and land vertically in some regions of the world. Volocopters and EvTols will change the way people move around the world. Air mobility operators have immense potential to rival current airline fleet operators. The fleets will get bigger and distances shorter. 

Favorable government initiatives

An increasing number of vehicles are operating on the road. This has caused serious environmental pollution and the problems of traffic congestion. Air taxis play a crucial role in removing unnecessary travel hassles, in turn, bolstering the growth of the global air taxi market in the subsequent years. Various pilot projects are being set up with the aid of federal agencies. Several star ups are collaborating with the government to boost the growth of the technology. Take for example the European Union Aviation Agency has published rules for the operation of air taxis in cities. It covers all the technical domains of flight crew licensing, air operations, and building helipads. The certification of VTOL aircraft will enable manufacturers to create air mobility concepts within the purview of smart, green, and digital city initiatives. 

Disadvantages

Air mobility is a highly costly affair. The initial operational costs are high with the middle class and poor people unable to avail the services. Introducing the service on a much smaller scale creates issues for wider deployment. Therefore the high differential fare will hamper the growth prospects of the air taxi market in the upcoming years. Moreover, it is prone to accidents and requires additional investments in the construction and maintenance of aerodromes and air control mechanisms. 

Air Taxi Market Share

Based on propulsion type, the electric propulsion segment will grow the highest in the air taxi market share.

Based on aircraft type, the quadcopter segment will be the most lucrative over the forecast period.

Based on passenger capacity, more than six segments will witness considerable growth in the air taxi market share during the forecast period. 

Based on region, North America will grow the highest with a CAGR of 29.6% due to faster adoption of the latest technology and growing development of air taxi infrastructure. 

Air Taxi Market Segmentation

By Propulsion

• Parallel Hybrid
• Electric
• Turboshaft
• Turboelectric

By Aircraft Type

• Multicopter
• Quadcopter
• Others

By Passanger Capacity

• One
• Two
• Four
• More than six

By Region

• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany 
• France 
• Netherlands
• UK 
• Rest of Europe
• Asia-Pacific
• China
• Japan 
• India 
• South Korea
• Rest of Asia-Pacific
• LAMEA
• Brazil 
• Turkey 
• Saudi Arabia
• South Africa
• Rest of LAMEA

Scope of Air Taxi Market Report

Chapter 1 : Introduction

Chapter 2 : Executive Summary

Chapter 3: Market Overview

Chapter 4: Air Taxi Market, by Propulsion Type

Chapter 5: Air Taxi Market, by Aircraft Type

Chatper 6: Air Taxi Market, By Passsenger Capacity

Chapter 7: Air Taxi Market, By Region

Chapter 8: Company Profiles

Table of Content:

TABLE 01. GLOBAL AIR TAXI MARKET, BY PROPULSION TYPE, 2021–2030 ($MILLION)
TABLE 02. AIR TAXI MARKET REVENUE FOR PARALLEL HYBRID PROPULSION, BY REGION 2021–2030 ($MILLION)
TABLE 03. AIR TAXI MARKET REVENUE FOR ELECTRIC PROPULSION, BY REGION 2021–2030 ($MILLION)
TABLE 04. AIR TAXI MARKET REVENUE FOR TURBOSHAFT PROPULSION, BY REGION 2021–2030 ($MILLION)
TABLE 05. AIR TAXI MARKET REVENUE FOR TURBOELECTRIC PROPULSION, BY REGION 2021–2030 ($MILLION)
TABLE 06. GLOBAL AIR TAXI MARKET, BY AIRCRAFT TYPE, 2021–2030 ($MILLION)
TABLE 07. AIR TAXI MARKET REVENUE FOR MULTICOPTER, BY REGION 2021–2030 ($MILLION)
TABLE 08. AIR TAXI MARKET REVENUE FOR QUADCOPTER AIRCRAFT, BY REGION 2021–2030 ($MILLION)
TABLE 09. AIR TAXI MARKET REVENUE FOR OTHER AIRCRAFT, BY REGION 2021–2030 ($MILLION)
TABLE 10. GLOBAL AIR TAXIMARKET, BY PASSENGER CAPACITY, 2021–2030 ($MILLION)
TABLE 11. AIR TAXIMARKET REVENUE FOR ONE PASSENGER CAPACITY, BY REGION 2021–2030 ($MILLION)
TABLE 12. AIR TAXIMARKET REVENUE FOR TWO PASSENGER CAPACITY, BY REGION 2021–2030 ($MILLION)
TABLE 13. AIR TAXIMARKET REVENUE FOR FOUR PASSENGER CAPACITY, BY REGION 2021–2030 ($MILLION)
TABLE 14. AIR TAXIMARKET REVENUE FOR MORE THAN SIX PASSENGER CAPACITY, BY REGION 2021–2030 ($MILLION)
TABLE 15. NORTH AMERICA AIR TAXI MARKET, BY PROPULSION TYPE, 2021-2030 ($MILLION)
TABLE 16. NORTH AMERICA AIR TAXIMARKET, BY AIRCRAFT TYPE, 2021-2030 ($MILLION)
TABLE 17. NORTH AMERICA AIR TAXIMARKET, BY PASSENGER CAPACITY, 2021-2030 ($MILLION)
TABLE 18. U.S. AIR TAXIMARKET, BY PROPULSION TYPE, 2021-2030 ($MILLION)
TABLE 19. U.S. AIR TAXIMARKET, BY AIRCRAFT TYPE, 2021-2030 ($MILLION)
TABLE 20. U.S. AIR TAXIMARKET, BY PASSENGER CAPACITY, 2021-2030 ($MILLION)
TABLE 21. CANADA AIR TAXIMARKET, BY PROPULSION TYPE, 2021-2030 ($MILLION)
TABLE 22. CANADA AIR TAXIMARKET, BY AIRCRAFT TYPE, 2021-2030 ($MILLION)
TABLE 23. CANADA AIR TAXIMARKET, BY PASSENGER CAPACITY, 2021-2030 ($MILLION)
TABLE 24. MEXICO AIR TAXIMARKET, BY PROPULSION TYPE, 2021-2030 ($MILLION)
TABLE 25. MEXICO AIR TAXIMARKET, BY AIRCRAFT TYPE, 2021-2030 ($MILLION)
TABLE 26. MEXICO AIR TAXIMARKET, BY PASSENGER CAPACITY, 2021-2030 ($MILLION)
TABLE 27. EUROPE AIR TAXI MARKET, BY PROPULSION TYPE, 2021-2030 ($MILLION)
TABLE 28. EUROPE AIR TAXIMARKET, BY AIRCRAFT TYPE, 2021-2030 ($MILLION)
TABLE 29. EUROPE AIR TAXIMARKET, BY PASSENGER CAPACITY, 2021-2030 ($MILLION)
TABLE 30. GERMANY AIR TAXIMARKET, BY PROPULSION TYPE, 2021-2030 ($MILLION)
TABLE 31. GERMANY AIR TAXIMARKET, BY AIRCRAFT TYPE, 2021-2030 ($MILLION)
TABLE 32. GERMANY AIR TAXIMARKET, BY PASSENGER CAPACITY, 2021-2030 ($MILLION)
TABLE 33. FRANCE. AIR TAXIMARKET, BY PROPULSION TYPE, 2021-2030 ($MILLION)
TABLE 34. FRANCE AIR TAXIMARKET, BY AIRCRAFT TYPE, 2021-2030 ($MILLION)
TABLE 35. FRANCE AIR TAXIMARKET, BY PASSENGER CAPACITY, 2021-2030 ($MILLION)
TABLE 36. NETHERLANDS AIR TAXIMARKET, BY PROPULSION TYPE, 2021-2030 ($MILLION)
TABLE 37. NETHERLANDS AIR TAXIMARKET, BY AIRCRAFT TYPE, 2021-2030 ($MILLION)
TABLE 38. NETHERLANDS AIR TAXIMARKET, BY PASSENGER CAPACITY, 2021-2030 ($MILLION)
TABLE 39. UK AIR TAXIMARKET, BY PROPULSION TYPE, 2021-2030 ($MILLION)
TABLE 40. UK AIR TAXIMARKET, BY AIRCRAFT TYPE, 2021-2030 ($MILLION)
TABLE 41. UK AIR TAXIMARKET, BY PASSENGER CAPACITY, 2021-2030 ($MILLION)
TABLE 42. REST OF EUROPE AIR TAXIMARKET, BY PROPULSION TYPE, 2021-2030 ($MILLION)
TABLE 43. REST OF EUROPE AIR TAXIMARKET, BY AIRCRAFT TYPE, 2021-2030 ($MILLION)
TABLE 44. REST OF EUROPE AIR TAXIMARKET, BY PASSENGER CAPACITY, 2021-2030 ($MILLION)
TABLE 45. ASIA-PACIFIC AIR TAXI MARKET, BY PROPULSION TYPE, 2021-2030 ($MILLION)
TABLE 46. ASIA-PACIFIC AIR TAXIMARKET, BY AIRCRAFT TYPE, 2021-2030 ($MILLION)
TABLE 47. ASIA-PACIFIC AIR TAXIMARKET, BY PASSENGER CAPACITY, 2021-2030 ($MILLION)
TABLE 48. CHINA AIR TAXIMARKET, BY PROPULSION TYPE, 2021-2030 ($MILLION)
TABLE 49. CHINA AIR TAXIMARKET, BY AIRCRAFT TYPE, 2021-2030 ($MILLION)
TABLE 50. CHINA AIR TAXIMARKET, BY PASSENGER CAPACITY, 2021-2030 ($MILLION)
TABLE 51. JAPAN AIR TAXIMARKET, BY PROPULSION TYPE, 2021-2030 ($MILLION)
TABLE 52. JAPAN AIR TAXIMARKET, BY AIRCRAFT TYPE, 2021-2030 ($MILLION)
TABLE 53. JAPAN AIR TAXIMARKET, BY PASSENGER CAPACITY, 2021-2030 ($MILLION)
TABLE 54. INDIA AIR TAXIMARKET, BY PROPULSION TYPE, 2021-2030 ($MILLION)
TABLE 55. INDIA AIR TAXIMARKET, BY AIRCRAFT TYPE, 2021-2030 ($MILLION)
TABLE 56. INDIA AIR TAXIMARKET, BY PASSENGER CAPACITY, 2021-2030 ($MILLION)
TABLE 57. SOUTH KOREA AIR TAXIMARKET, BY PROPULSION TYPE, 2021-2030 ($MILLION)
TABLE 58. SOUTH KOREA AIR TAXIMARKET, BY AIRCRAFT TYPE, 2021-2030 ($MILLION)
TABLE 59. SOUTH KOREA AIR TAXIMARKET, BY PASSENGER CAPACITY, 2021-2030 ($MILLION)
TABLE 60. REST OF ASIA-PACIFIC AIR TAXIMARKET, BY PROPULSION TYPE, 2021-2030 ($MILLION)
TABLE 61. REST OF ASIA-PACIFIC AIR TAXIMARKET, BY AIRCRAFT TYPE, 2021-2030 ($MILLION)
TABLE 62. REST OF ASIA-PACIFIC AIR TAXIMARKET, BY PASSENGER CAPACITY, 2021-2030 ($MILLION)
TABLE 63. LAMEA AIR TAXI MARKET, BY PROPULSION TYPE, 2021-2030 ($MILLION)
TABLE 64. LAMEA AIR TAXIMARKET, BY AIRCRAFT TYPE, 2021-2030 ($MILLION)
TABLE 65. LAMEA AIR TAXIMARKET, BY PASSENGER CAPACITY, 2021-2030 ($MILLION)
TABLE 66. LATIN AMERICA AIR TAXIMARKET, BY PROPULSION TYPE, 2021-2030 ($MILLION)
TABLE 67. LATIN AMERICA AIR TAXIMARKET, BY AIRCRAFT TYPE, 2021-2030 ($MILLION)
TABLE 68. LATIN AMERICA AIR TAXIMARKET, BY PASSENGER CAPACITY, 2021-2030 ($MILLION)
TABLE 69. MIDDLE EAST AIR TAXIMARKET, BY PROPULSION TYPE, 2021-2030 ($MILLION)
TABLE 70. MIDDLE EAST AIR TAXIMARKET, BY AIRCRAFT TYPE, 2021-2030 ($MILLION)
TABLE 71. MIDDLE EAST AIR TAXIMARKET, BY PASSENGER CAPACITY, 2021-2030 ($MILLION)
TABLE 72. AFRICA AIR TAXIMARKET, BY PROPULSION TYPE, 2021-2030 ($MILLION)
TABLE 73. AFRICA AIR TAXIMARKET, BY AIRCRAFT TYPE, 2021-2030 ($MILLION)
TABLE 74. AFRICA AIR TAXIMARKET, BY PASSENGER CAPACITY, 2021-2030 ($MILLION)
TABLE 75. AIRBUS S.A.S.: COMPANY SNAPSHOT
TABLE 76. AIRBUS S.A.S.: OPERATING SEGMENTS
TABLE 77. BEECHCRAFT CORPORATION (TEXTRON AVIATION): COMPANY SNAPSHOT
TABLE 78. BEECHCRAFT CORPORATION (TEXTRON AVIATION): OPERATING SEGMENTS
TABLE 79. BOEING: SNAPSHOT
TABLE 80. BOEING: OPERATING SEGMENTS
TABLE 81. DASSAULT SYSTÈMES: SNAPSHOT
TABLE 82. DASSAULT SYSTÈMES: OPERATING SEGMENTS
TABLE 83. EMBRAER: COMPANY SNAPSHOT
TABLE 84. EMBRAER: OPERATING SEGMENTS
TABLE 85. EHANG: COMPANY SNAPSHOT
TABLE 86. EHANG: OPERATING SEGMENTS
TABLE 87. HYUNDAI MOTOR COMPANY: COMPANY SNAPSHOT
TABLE 88. HYUNDAI MOTOR COMPANY: OPERATING SEGMENTS
TABLE 89. LILIUM: COMPANY SNAPSHOT
TABLE 90. LILIUM: OPERATING SEGMENTS
TABLE 91. VOLOCOPTER GMBH: COMPANY SNAPSHOT
TABLE 92. VOLOCOPTER GMBH: OPERATING SEGMENTS
TABLE 93. UBER TECHNOLOGIES: COMPANY SNAPSHOT
TABLE 94. EMBRAER: OPERATING SEGMENTS

Table of Figures:

FIGURE 01. KEY MARKET SEGMENTS
FIGURE 02. EXECUTIVE SUMMARY, BY SEGMENTS
FIGURE 03. EXECUTIVE SUMMARY, GEOGRAPHY
FIGURE 04. TOP IMPACTING FACTORS
FIGURE 05. TOP INVESTMENT POCKETS
FIGURE 06. TOP WINNING STRATEGIES, BY YEAR, 2017–2019*
FIGURE 07. TOP WINNING STRATEGIES, BY YEAR, 2017–2019*
FIGURE 08. TOP WINNING STRATEGIES, BY COMPANY, 2017–2019*
FIGURE 09. MODERATE-TO-HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 10. MODERATE-TO-HIGH THREAT OF NEW ENTRANTS
FIGURE 11. MODERATE THREAT OF SUBSTITUTES
FIGURE 12. HIGH-TO-MODERATE INTENSITY OF RIVALRY
FIGURE 13. MODERATE BARGAINING POWER OF BUYERS
FIGURE 14. MARKET SHARE ANALYSIS (2021)
FIGURE 15. GLOBAL AIR TAXI MARKET, BY PROPULSION TYPE, 2021–2030 (%)
FIGURE 16. COMPARATIVE SHARE ANALYSIS OF AIR TAXI MARKET FOR PARALLEL HYBRID PROPULSION, BY COUNTRY, 2021 & 2030 (%)
FIGURE 17. COMPARATIVE SHARE ANALYSIS OF AIR TAXI MARKET FOR ELECTRIC PROPULSION, BY COUNTRY, 2021 & 2030 (%)
FIGURE 18. COMPARATIVE SHARE ANALYSIS OF AIR TAXI MARKET FOR TURBOSHAFT PROPULSION, BY COUNTRY, 2021 & 2030 (%)
FIGURE 19. COMPARATIVE SHARE ANALYSIS OF AIR TAXI MARKET FOR TURBOELECTRIC PROPULSION, BY COUNTRY, 2021 & 2030 (%)
FIGURE 20. GLOBAL AIR TAXI MARKET, BY AIRCRAFT TYPE, 2021-2030 (%)
FIGURE 21. COMPARATIVE SHARE ANALYSIS OF AIR TAXIMARKET FOR MULTICOPTER BY COUNTRY, 2021 & 2030 (%)
FIGURE 22. COMPARATIVE SHARE ANALYSIS OF AIR TAXI MARKET FOR QUADCOPTER AIRCRAFT, BY COUNTRY, 2021 & 2030 (%)
FIGURE 23. COMPARATIVE SHARE ANALYSIS OF AIR TAXI MARKET FOR OTHER AIRCRAFT, BY COUNTRY, 2021 & 2030 (%)
FIGURE 24. GLOBAL AIR TAXIMARKET, BY PASSENGER CAPACITY, 2021–2030 (%)
FIGURE 25. COMPARATIVE SHARE ANALYSIS OF AIR TAXI MARKET FOR ONE PASSENGER CAPACITY, BY COUNTRY, 2021 & 2030 (%)
FIGURE 26. COMPARATIVE SHARE ANALYSIS OF AIR TAXIMARKET FOR TWO PASSENGER CAPACITY, BY COUNTRY, 2021 & 2030 (%)
FIGURE 27. COMPARATIVE SHARE ANALYSIS OF AIR TAXIMARKET FOR FOUR PASSENGER CAPACITY, BY COUNTRY, 2021 & 2030 (%)
FIGURE 28. COMPARATIVE SHARE ANALYSIS OF AIR TAXIMARKET FOR SIX PASSENGER CAPACITY, BY COUNTRY, 2021 & 2030 (%)
FIGURE 29. AIR TAXI MARKET, BY REGION, 2021-2030 (%)
FIGURE 30. COMPARATIVE SHARE ANALYSIS OF AIR TAXI MARKET, BY COUNTRY, 2021-2030 (%)
FIGURE 31. U.S. AIR TAXI MARKET, 2021-2030 ($MILLION)
FIGURE 32. CANADA AIR TAXI MARKET, 2021-2030 ($MILLION)
FIGURE 33. MEXICO AIR TAXI MARKET, 2021-2030 ($MILLION)
FIGURE 34. COMPARATIVE SHARE ANALYSIS OF AIR TAXI MARKET, BY COUNTRY, 2021-2030 (%)
FIGURE 35. GERMANY AIR TAXI MARKET, 2021-2030 ($MILLION)
FIGURE 36. FRANCE AIR TAXI MARKET, 2021-2030 ($MILLION)
FIGURE 37. NETHERLANDS AIR TAXI MARKET, 2021-2030 ($MILLION)
FIGURE 38. UK AIR TAXI MARKET, 2021-2030 ($MILLION)
FIGURE 39. REST OF EUROPE AIR TAXI MARKET, 2021-2030 ($MILLION)
FIGURE 40. COMPARATIVE SHARE ANALYSIS OF AIR TAXI MARKET, BY COUNTRY, 2021-2030 (%)
FIGURE 41. CHINA AIR TAXI MARKET, 2021-2030 ($MILLION)
FIGURE 42. JAPAN AIR TAXI MARKET, 2021-2030 ($MILLION)
FIGURE 43. INDIA AIR TAXI MARKET, 2021-2030 ($MILLION)
FIGURE 44. SOUTH KOREA AIR TAXI MARKET, 2021-2030 ($MILLION)
FIGURE 45. REST OF ASIA-PACIFIC AIR TAXI MARKET, 2021-2030 ($MILLION)
FIGURE 46. COMPARATIVE SHARE ANALYSIS OF AIR TAXI MARKET, BY COUNTRY, 2021-2030 (%)
FIGURE 47. LATIN AMERICA AIR TAXI MARKET, 2021-2030 ($MILLION)
FIGURE 48. MIDDLE EAST AIR TAXI MARKET, 2021-2030 ($MILLION)
FIGURE 49. AFRICA AIR TAXI MARKET, 2021-2030 ($MILLION)
FIGURE 50. AIRBUS S.A.S.: REVENUE, 2016–2018 ($MILLION)
FIGURE 51. AIRBUS S.A.S.: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 52. AIRBUS S.A.S.: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 53. TEXTRON AVIATION: REVENUE, 2016–2018 ($MILLION)
FIGURE 54. TEXTRON AVIATION: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 55. TEXTRON AVIATION: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 56. BOEING: REVENUE, 2016–2018 ($MILLION)
FIGURE 57. BOEING: REVENUE, BY BUSINESS SEGMENT, 2018 (%)
FIGURE 58. BOEING: REVENUE, BY REGION, 2018 (%)
FIGURE 59. DASSAULT SYSTÈMES: REVENUE, 2016–2018 ($MILLION)
FIGURE 60. DASSAULT SYSTÈMES: REVENUE, BY BUSINESS SEGMENT, 2018 (%)
FIGURE 61. DASSAULT SYSTÈMES: REVENUE, BY REGION, 2018 (%)
FIGURE 62. EMBRAER: REVENUE, 2016–2018 ($MILLION)
FIGURE 63. EMBRAER: REVENUE, BY BUSINESS SEGMENT, 2018 (%)
FIGURE 64. HYUNDAI MOTOR COMPANY: REVENUE, 2016–2018 ($MILLION)
FIGURE 65. HYUNDAI MOTOR COMPANY: REVENUE, BY BUSINESS SEGMENT, 2018 (%)
FIGURE 66. HYUNDAI MOTOR COMPANY: REVENUE, BY REGION, 2018 (%)
FIGURE 67. UBER TECHNOLOGIES: REVENUE, 2016–2018 ($MILLION)
FIGURE 68. UBER TECHNOLOGIES: REVENUE, BY BUSINESS SEGMENT, 2018 (%)
FIGURE 69. UBER TECHNOLOGIES: REVENUE, BY REGION, 2018 (%