Air Taxi Market Dominating Industry Trends By 2021-2030: Hyundai, Lilium, Volocopter , Uber Technologies, Beechcraft Corporation

Air taxi is a type of aircraft that is well organized in operations and is intended for shorter distance to travel. The concept of air taxi was first introduced way back in 2001 by NASA and aerospace industry study on the potential Small Aircraft Transportation System (SATS) and rise of light-jet aircraft manufacturing in the U.S. Later with the increased number of vehicles running on the road followed by the increased traffic congestion, the demand for better and efficient transportation system has increased leading the introduction of air taxi across the globe. Various companies having experience in aviation and transportation industry have come up under several collaborations for the development of air taxi to be implemented across the globe.

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The report evaluates the key vendors engaged in the Air Taxi market including: Airbus S.A.S., Beechcraft Corporation (subsidiary of Textron Aviation), Boeing, Dassault Syst?mes, Embraer, EHANG, Hyundai, Lilium, Volocopter GmbH, and Uber Technologies

Increase in government initiatives and rise in investments by the top players in the aviation industry boost the growth of the global air taxi market. Moreover, increase in development and innovations further fuels the market growth. In addition, positive impact of developments carried out by numerous startups and top players increase the adoption and growth of the air taxies across the globe.

The factors such as need for an alternative mode of transportation and increased road traffic congestion drive the growth of the air taxi market. However, high differential fare and stringent regulations for aviation license is expected to hamper the market growth. Further, government initiatives for the introduction of air taxi is expected to create numerous opportunities for the growth and expansion of market.

Air taxis are anticipated to witness significant growth over the years, owing to rise in awareness among consumers along with increase in demand for alternative transportation medium to tackle the traffic congestion problem.

Air Taxi Market by Aircraft type:
o Multicopter
o Quadcopter
o Others

Air Taxi Market, by Propulsion
o Parallel Hybrid
o Electric
o Turboshaft
o Turboelectric

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Competitive scenario:

The study assesses factors such as segmentation, description, and applications of Air Taxi industries. It derives accurate insights to give a holistic view of the dynamic features of the business, including shares, profit generation, thereby directing focus on the critical aspects of the business.

Major highlights of the report:
o An all-inclusive evaluation of the parent market
o The evolution of significant market aspects
o Industry-wide investigation of market segments
o Assessment of the market value and volume in the past, present, and forecast years
o Market share evaluation
o Study of niche industrial sectors
o Tactical approaches of the market leaders
o Lucrative strategies to help companies strengthen their position in the market.

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Key Points from TOC:
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

Chapter 6: Air Taxi Market, By Passenger Capacity

Chapter 7: Air Taxi Market, By Region

Chapter 8: Company Profiles

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