Air Taxi Market By Propulsion (Parellel Hybrid, Electric, Turboshaft, and Turboelectric), By Aircraft (Multicopter, Quadcopter, and Others), By Passenger Capacity (One, Two, Four, and More than Six), Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2019-2026

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Global Air Taxi Market is estimated to reach $XX million in 2018 with a CAGR of XX% from 2019 to 2026.
  • Market Definition

    Global Air Taxi Market is estimated to reach $XX million in 2018 with a CAGR of XX% from 2019 to 2026.

    Air taxi is a type of aircraft. An air taxi is a small commercial aircraft which makes small flight on demand, not served by scheduled airlines. Air taxi can access remote places or where there are limited facilities available and makes transport easy. An air taxi is a faster safer and easier way to transport.

    Market Determinants

    Growing aviation industry, less congestion on highways owing to increasing air travel, and lower operating cost for smaller distance is expected to boost demand in coming years. Moreover, factors such as rising government initiatives for air travel and benefits such as fast travel and discounts on travel is expected to booster demand globally.

    However, the stringent regulation on aviation licences and air taxi operating cost is high as compared to roadways and sea ways, this factors would hamper the market growth. Additionally, these taxis are capable to only travel at smaller distances and they offer limited number of passengers which is also expected to restrict the market from growing. Moreover, advancement in technology, high traffic congestion in roadways, and government initiatives will create numerous growth opportunities in coming years.

    Market Segmentation

    The global air taxi market is mainly classified based on Propulsion, aircraft, and passenger capacity. Propulsion is further segmented into parellel hybrid, electric, turboshaft, and turboelectric. Among the propulsion systems, the parallel hybrid propulsion system is expected to witness the highest growth in the forecast period. The high growth in the segment is attributed to the longer driving range, high fuel efficiency, and strict emission regulations.

    By aircraft the market is divided into multicopter, quadcopter, and others. The multicopter segment accounted for the majority of the share and is expected to continue its trend throughout the forecast period. Moreover, the segment is estimated to register a fastest growth rate with respect to CAGR in the coming years. The market for multicopter is growing owing to the economic benefits offered by it and its ability to use shorter runways for short-haul journeys.

    By passenger capacity the market is further categorized into one, two, four, and more than six. Four passengers capacity acquired the largest share in the segment as the manufacturers of the air taxis are majorly focusing on developing four and two passenger taxis.

    Regional Segmentation

    Based on geography, the global air taxi market is divided into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. North America is further divided in the U.S., Canada, and Mexico, whereas Europe consists of the UK, Germany, France, Italy, and Rest of Europe. India, China, Japan, South Korea, and Rest of Asia-Pacific are covered under the Asia-Pacific region. The South America region includes Brazil, Argentina, and the Rest of South America, while the Middle East & Africa is categorized into GCC Countries, Egypt, South Africa, and Rest of Middle East & Africa.

    North America contributed for the majority of the share owing to the high traffic congestion in countries like the U.S., Canada. However, APAC region could be witnessed to grow with fastest CAGR especially in countries like China, Japan, and India. Factors such as growing preference for faster modes of travel, rising disposable income, and traffic congestion problems owing to growing population are expected to surge the demand of air taxis in the region.

    Competitive Players

    Key players operating in the air taxi industry include Airbus, Beechcraft Corporation, Boeing, Bombardier, Cessna, Dassault, Embraer, Gulfstream, EHANG, Hyundai, Lilium, Volocopter GmbH, and Uber Technologies among others.

    Key players operating in the market are adopting various growth strategies such as product launch, acquisition, and agreement to sustain in the intense competition and improve its product portfolio. For instance, Airbus is testing two aircraft configurations — the ‘Vahana’, as part of its A3 project, its Silicon Valley arm in the US, and the bigger CityAirbus. Boeing reported the first test flight of its passenger air vehicle (PAV) recently.

    Air Taxi Market Key Segments:

    By Propulsion

    • Parellel Hybrid
    • Electric
    • Turboshaft
    • Turboelectric

    By Aircraft

    • Multicopter
    • Quadcopter
    • Others

    By Passenger Capacity

    • One
    • Two
    • Four
    • More than Six

    By Geography

    • North America
      • The U.S.
      • Canada
      • Mexico
    • Europe
      • U.K
      • Germany
      • France
      • Italy
      • Rest of Europe
    • Asia Pacific
      • India
      • China
      • Japan
      • South Korea
      • Rest of Asia Pacific
    • South America
      • Brazil
      • Argentina
      • Rest of South America
    • Middle East & Africa
      • GCC Countries
      • Egypt
      • South Africa
      • Rest of Middle East & Africa
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  • Table of Content

    1. Market Introduction
    1.1. Executive Summary
    1.2. Market Definition
    1.3. Market Scope

    2. Research Methodology
    2.1. Primary Research
    2.2. Research Methodology
    2.3. Assumptions & Exclusions
    2.4. Secondary data sources

    3. Air Taxi Market Overview
    3.1. Report Segmentation & Scope
    3.2. Key Market Trend
    3.3. Drivers
    3.3.1. Growing aviation industry
    3.3.2. Less congestion on highways owing to increasing air travel, and lower operating cost for smaller distance
    3.3.3. Benefits such as fast travel and discounts on travel
    3.4. Restraints
    3.4.1. Stringent regulation on aviation licences
    3.4.2. Air taxi operating cost is high as compared to roadways and sea ways
    3.5. Opportunities
    3.5.1. Rising government initiatives for air travel and
    3.5.2. Advancement in technology in Air travel industry
    3.6. Porter’s Five Forces Analysis
    3.6.1. Porter’s Five Forces Analysis
    3.7. Market Share Analysis

    4. Propulsion Overview
    4.1. Introduction
    4.1.1. Market Size & Forecast
    4.2. Parellel Hybrid
    4.2.1. Market Size & Forecast
    4.3. Electric
    4.3.1. Market Size & Forecast
    4.4. Turboshaft
    4.4.1. Market Size & Forecast
    4.5. Turboelectric
    4.5.1. Market Size & Forecast

    5. Aircraft Overview
    5.1. Introduction
    5.1.1. Market Size & Forecast
    5.2. Multicopter
    5.2.1. Market Size & Forecast
    5.3. Quadcopter
    5.3.1. Market Size & Forecast
    5.4. Others
    5.4.1. Market Size & Forecast

    6. Passenger Capacity Overview
    6.1. Introduction
    6.1.1. Market Size & Forecast
    6.2. One
    6.2.1. Market Size & Forecast
    6.3. Two
    6.3.1. Market Size & Forecast
    6.4. Four
    6.4.1. Market Size & Forecast
    6.5. More than Six
    6.5.1. Market Size & Forecast

    7. Air Taxi Market Regional Overview
    7.1. Introduction
    7.1.1. Market Size & Forecast
    7.2. North America Air Taxi Market
    7.2.1. North America Market Size & Forecast, By Country
    7.2.2. North America Market Size & Forecast, By Propulsion
    7.2.3. North America Market Size & Forecast, By Aircraft
    7.2.4. North America Market Size & Forecast, By Passenger Capacity
    7.2.5. U.S.
    7.2.5.1. Market Size and Forecast
    7.2.6. Canada
    7.2.6.1. Market Size and Forecast
    7.2.7. Mexico
    7.2.7.1. Market Size and Forecast
    7.3. Europe Air Taxi Market
    7.3.1. Europe Market Size & Forecast, By Country
    7.3.2. Europe Market Size & Forecast, By Propulsion
    7.3.3. Europe Market Size & Forecast, By Aircraft
    7.3.4. Europe Market Size & Forecast, By Passenger Capacity
    7.3.5. Germany
    7.3.5.1. Market Size and Forecast
    7.3.6. France
    7.3.6.1. Market Size and Forecast
    7.3.7. UK
    7.3.7.1. Market Size and Forecast
    7.3.8. Italy
    7.3.8.1. Market Size and Forecast
    7.3.9. Spain
    7.3.9.1. Market Size and Forecast
    7.3.10. Rest of Europe
    7.3.10.1. Market Size and Forecast
    7.4. Asia-Pacific Air Taxi Market
    7.4.1. Asia-Pacific Market Size & Forecast, By Country
    7.4.2. Asia-Pacific Market Size & Forecast, By Propulsion
    7.4.3. Asia-Pacific Market Size & Forecast, By Aircraft
    7.4.4. Asia-Pacific Market Size & Forecast, By Passenger Capacity
    7.4.5. Japan
    7.4.5.1. Market Size and Forecast
    7.4.6. China
    7.4.6.1. Market Size and Forecast
    7.4.7. Australia
    7.4.7.1. Market Size and Forecast
    7.4.8. India
    7.4.8.1. Market Size and Forecast
    7.4.9. South Korea
    7.4.9.1. Market Size and Forecast
    7.4.10. Rest of Asia-Pacific
    7.4.10.1. Market Size and Forecast
    7.5. South America Air Taxi Market
    7.5.1. South America Market Size & Forecast, By Country
    7.5.2. South America Market Size & Forecast, By Propulsion
    7.5.3. South America Market Size & Forecast, By Aircraft
    7.5.4. South America Market Size & Forecast, By Passenger Capacity
    7.5.5. Brazil
    7.5.5.1. Market Size and Forecast
    7.5.6. Argentina
    7.5.6.1. Market Size and Forecast
    7.5.7. Rest of South America
    7.5.7.1. Market Size and Forecast
    7.6. Middle East & Africa Air Taxi Market
    7.6.1. Middle East & Africa Market Size & Forecast, By Country
    7.6.2. Middle East & Africa Market Size & Forecast, By Propulsion
    7.6.3. Middle East & Africa Market Size & Forecast, By Aircraft
    7.6.4. Middle East & Africa Market Size & Forecast, By Passenger Capacity
    7.6.5. GCC Countries
    7.6.5.1. Market Size and Forecast
    7.6.6. Egypt
    7.6.6.1. Market Size and Forecast
    7.6.7. South Africa
    7.6.7.1. Market Size and Forecast
    7.6.8. Rest of Middle East & Africa
    7.6.8.1. Market Size and Forecast

    8. Company Profile
    8.1. Airbus
    8.1.1. Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
    8.1.2. Airbus Product Category, Application, and Specification
    8.1.3. Airbus Financial Performance (2016-2018)
    8.1.4. Main Business/Business Overview
    8.2. Beechcraft Corporation
    8.3. Boeing
    8.4. Bombardier
    8.5. Cessna
    8.6. Dassault
    8.7. Embraer
    8.8. Gulfstream
    8.9. EHANG
    8.10. Hyundai
    8.11. Lilium
    8.12. Volocopter GmbH
    8.13. Uber Technologies

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  • Key Global Air Taxi Industry Players

    • Airbus
    • Beechcraft Corporation
    • Boeing
    • Bombardier
    • Cessna
    • Dassault
    • Embraer
    • Gulfstream
    • EHANG
    • Hyundai
    • Lilium
    • Volocopter GmbH
    • Uber Technologies
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What Report Provides

  • Full in-depth analysis of the parent Industry
  • Important changes in market and its dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional growth potential

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