Emergen Research’s Comprehensive Global Drone Taxi Market Research Report, added to its ever-expanding collection, contains insights into the Drone Taxi Market and its key components. The report was created after conducting a great deal of primary and secondary research with the intention of giving readers and businesses a competitive advantage over their counterparts in the sector. The report provides insights into the industry’s growth factors Drone Taxis, opportunities, lucrative business prospects, promising growth areas, and estimated growth rates through 2030. Aside from revenue growth drivers & restraints, production & consumption patterns, changing consumer preferences, and stringent regulatory standards, this report also examines other key aspects of regional markets. According to the analysis, one of the key factors for the market’s likely fall in the upcoming years is the present pandemic. The pandemic has had a significant impact on business, which has negatively changed demand trends and market dynamics. The pandemic’s financial challenges have slowed down corporate growth across the board and impacted international supply lines.
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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North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The report also studies the key companies of the Drone Taxi market along with analysis of their business strategies, M&A activities, investment plans, product portfolio, financial standing, gross profit margin, and production and manufacturing capacities.
Some players analyzed in the report are:
LIFT Aircraft Inc., Airbus, Aloft Aviation, Boeing, EHang, Joby Aviation, Karen Airecraft, Inc., Lilium, Moog Inc., Opener
The report further divides the Drone Taxi market into key segments such as types, applications, end-user industries, technologies, and key regions of the market. The report also sheds light on the segment and region exhibiting promising growth in the Drone Taxi market.
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On the basis of type, the market is segmented into
- 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
Additionally, the report’s charts, tables, graphs, figures, and diagrams convey the analytical data in an orderly manner. Because of this, it is simpler for readers to understand the market situation in a useful way. In order to help the reader, make wise business decisions, the study also attempts to offer a forward-looking viewpoint and an informative conclusion. A thorough SWOT and Porter’s Five Forces analysis of the market segments expected to dominate the market, regional division, estimated market size and share, and more are included in the report’s conclusion.
Key Questions Answered by the Report:
Which region is expected to dominate the market in the coming years?
What are the recent technological and product advancements occurring in the market?
What are the key strategies adopted by the prominent players in the Drone Taxi market?
What are the key product types and applications of the Drone Taxi industry?
What is the outcome of SWOT analysis and Porter’s Five Forces analysis?
How is the competitive landscape of the Drone Taxi market?
Who are the key players in the industry?
What is the growth rate of the industry over the coming years?
What will be the valuation of the Drone Taxi Market by 2027?
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