Passenger Drones Market 2018 to 2024 Global Key Leaders: AeroMobil, Airbus, Boeing, Cartivator, EHANG, Joby Aviation, Lilium, TERRAFUGIA, Uber Technologies

Summary:

Global passenger drones market will exhibit a CAGR of 27.74% during the forecast period from 2018 to 2024 to cross a USD 800 million mark by 2024. A number of companies are currently exploring the use of passenger drones as air-taxis, air-cargo, or for air-ambulance services. The concept of passenger drones is relatively new. In 2017, the market was led by Europe and was followed by Asia Pacific and North America. The Asia Pacific region has become a lucrative region for the firms that develop passenger drones and related systems, due to the increasing focus of countries such as China, Japan, and South Korea.

Factors such as growing urban population, rising traffic congestion problems, rapid technological advancements and decline in drone costs, and rising participation of companies are driving the market growth. Meanwhile, limited endurance and safety concerns are hindering the market growth to a certain extent and factors such as lack of regulatory framework, supporting infrastructure, cohesive air-traffic management network, and skilled drone operators/pilots are a significant challenge to the market. However, the focus on reducing vehicular pollution will offer promising growth opportunities for the market.

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Key Players Covered

Some of the key players profiled in the report include AeroMobil (Slovakia), Airbus S.A.S. (France), Boeing (U.S.), Cartivator (Japan), EHANG (China), Joby Aviation (U.S.), Lilium (Germany), TERRAFUGIA (U.S.), Uber Technologies Inc. (U.S.), and Volocopter GmbH (Germany).

The report offers insights into the leading market players and evaluates their current market share. Company information with regards to revenue, segmental share, geographical income, SWOT, growth strategies, new product launch, M&A activities, and the latest R&D initiatives

The report provides in-depth information of the recent market scenario, historical market trends, and correlations between the market dynamics and forecasts. The market size in report covers the parameters of the market in terms of value. Along with the market size, the study segments the passenger drones market based on component, capacity, application, rotor, and region, delivering actionable insights. This section helps the report users to identify the segments that are highly lucrative and capitalize on growth opportunities while minimizing risks. The report also explores market dynamics such as drivers, trends, opportunities, and restraints, impacting the growth of the market segments. The section also sheds light on the key micro and macroeconomic factors influencing the growth of the market.

Analysis Period
• Base Year - 2017
• Projection Period - From 2018 to 2024
• Currency - USD Million
• Conversion Rate - Considered as per the respective financial years

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Intended Audience
• Passenger drone manufacturers
• Other UAV manufacturers
• Potential investors
• Raw material suppliers
• GNC solution providers
• Associattions
• Government
• End-Users
For the scope of the research, MRFR’s report offers a comprehensive segmental analysis of the global market for passenger drones

Additional Free Customization
• Additional 2 Country Data
• Additional 2 Company Profiles
• Criss-cross segmentation, 2nd level segmentation

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