Passenger Drones Market 2018 Worth to be USD 800 Mn by 2024| Exclusive Competitive Landscape By Boeing, TERRAFUGIA, Uber Technologies, Lilium, Joby Aviation, Cartivator, AeroMobil

Market Research Future published a Cooked research report on “Global Passenger Drones Market Research Report - Forecast to 2024” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2024

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.

Get a Sample Report @ https://www.marketresearchfuture.com/sample_request/5386

Key Players Covered

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).

Report Overview

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.

The market, by component, is segmented into five types, namely airframe, controller system, navigation system, propulsion system, and others. The market by capacity is segmented into up to 100 kg and over 100 kg. The market by application has been segmented into two types, namely commercial and personal. The market has been segmented on the basis of rotor into two types, namely less than 10 rotors and more than 10 rotors. All the above mentioned segments are profiled under four major geographies– North America, Europe, Asia Pacific, and Rest of the World, with the respective country-level market sizes. For the scope of the research, definition of the product “passengers drone market” is also included in the report. The report discusses the current and future trends of the market and delivers an unbias growth assessment.

Regional Market Summary

Led by Germany, Europe holds the largest share of the passenger drones market. It is expected to lead the market throughout the forecast period. In 2017, Europe accounted for more than 30% share of the global market; is expected to retain its position during the forecast period. The presence of companies such as Airbus S.A.S, Lilium, and Volocopter GmbH is expected to boost the European market over the next decade. The key drivers for the European market are increasing joint ventures & partnerships along with rapid technological advancements.

The U.S. is at the forefront in developing passenger drones, and this country is the single largest market on the global scale. The U.S. Department of Transportation is focusing on the process which is similar to approving traditional commercial air carriers for the approval of passenger drones as well. This country houses companies such as Boeing and Uber Technologies Inc. which are very active in the passenger drone market space. Meanwhile, the U.S. has a couple of cities, such as Los Angeles and New York, which face high levels of traffic congestion. Passenger drones could prove a beneficial solution in these areas.

Meanwhile, in Asia Pacific is the second largest market and the passenger drones market in this region is poised to expand at the highest CAGR during the forecast period. The increasing urban population, rising disposable income and focus on drones for transportation purposes will bolster the market growth in this region. China, Japan, and South Korea are promising markets for passenger drones. The leading companies dominated the APAC regions are EHANG and Cartivator.

Browse Compete Report @ https://www.marketresearchfuture.com/reports/passenger-drones-market-5386

List of Tables

TABLE 1 MARKET SYNOPSIS
TABLE 2 LIST OF ASSUMPTIONS
TABLE 3 GLOBAL PASSENGER DRONES MARKET, BY COMPONENT, 2017 – 2024 (USD MILLION)
TABLE 4 GLOBAL PASSENGER DRONES MARKET, BY CAPACITY, 2017 – 2024 (USD MILLION)
Continued....

List of Figures

FIGURE 1 GLOBAL PASSENGER DRONES MARKET: MARKET STRUCTURE
FIGURE 2 KEY TAKEAWAYS FROM PASSENGER DRONES MARKET
FIGURE 3 KEY BUYING CRITERIA OF PASSENGER DRONES
FIGURE 4 RESEARCH PROCESS OF MRFR

Continued....

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com

This release was published on openPR.