The Drone Taxi Market Revolution: Understanding the Market and Its Impact

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Rising focus of governments on smart city development and increasing demand for alternative modes of transport focusing on urban mobility are key factors driving market revenue growth

Emergen Research’s latest document, titled ‘Global Drone Taxi Market - Forecast to 2030,’ is one of the most sought-after market reports involving an in-depth analysis of the global Drone Taxi market. The writers of the report have provided the necessary information on the most recent market trends for keywords as well as the key factors that will affect market development over the short- and long-terms. Its comprehensive analysis of the Drone Taxi market offers insightful information on the projected market size, revenue share, and sales and distribution channels. Readers will undoubtedly benefit from such insightful market information as they describe this sector's major outcomes in the near future. Additionally, they are designed to help companies operating in this industry make wise decisions and create profitable company plans. Some of the most renowned venture capitalists in the world are among the report's main addressees. These people can get a clear picture of the competitive landscape of the international keyword industry from the report. The coronavirus outbreak has led to drastic changes in the current Drone Taxi business landscape, limiting the growth opportunities for various manufacturers and buyers for the next few years. The report eventually offers conclusive data related to the Drone Taxi market growth assessed on both regional and global levels.

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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Key geographical areas:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East Africa

Leading Players Profiled in the Report:

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

One of the report’s central components is the broad Drone Taxi market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders. The report contains unbiased industry expert opinions on the current market scenario, past market performance, production consumption rates, demand supply ratio, and revenue generation forecasts over the estimated period. The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report. Furthermore, several analytical tools like investment assessment, SWOT analysis, and Porter’s Five Forces Analysis have been implemented by our analysts’ team to evaluate the production and distribution capacities of the Drone Taxi market players.

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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 addressed in the report:

  • What are the key factors driving the global Drone Taxi market?
  • Who are the key manufacturers in this market space?
  • Who are the distributors, traders and dealers of this market?
  • What are the market opportunities and risks affecting the performance of the vendors in the global Drone Taxi market?
  • What are the sales and revenue estimations for the top manufacturers in this market over the projected timeline?

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