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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)
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.
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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.
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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
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