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UAE Air Taxi Market, By Aircraft Type (eVTOL, VTOL); By Technology Type (Autonomous, Piloted); By Range (Intercity, Intracity, Others), Trend Analysis, Competitive Landscape & Forecast, 2019–2030

Publisher BlueWeave Consulting
Published Jun 20, 2024
Length 200 Pages
SKU # BLWC19215065

Description

UAE Air Taxi Market, By Aircraft Type (eVTOL, VTOL); By Technology Type (Autonomous, Piloted); By Range (Intercity, Intracity, Others), Trend Analysis, Competitive Landscape & Forecast, 2019–2030


UAE Air Taxi Market Size Takes Off at Significant CAGR of 5.02% to Touch Value of USD 246 Million & Volume of 1,650 Units by 2030
UAE Air Taxi Market is flourishing because of the rapid adoption of advancements in electric vertical takeoff and landing (eVTOL) aircraft and growing demand for regional connectivity.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the UAE Air Taxi Market size at USD 183.18 million in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the UAE Air Taxi Market size to expand at a CAGR of 5.02% reaching a value of USD 245.85 million by 2030. By volume, BlueWeave estimated the UAE Air Taxi Market size at 1.09 thousand units in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the UAE Air Taxi Market size to expand at a CAGR of 5.88% reaching the volume of 1.65 thousand units by 2030. Several favorable government regulations and agreements to support the air taxi industry in the nation, as well as the development of infrastructure and developing technology, are major growth factors for the UAE air taxi market. Furthermore, over the forecast period, it is expected that cooperation between the aviation and transportation sectors will provide the UAE Air Taxi Market with lucrative growth opportunities.
Opportunity – Traffic congestions driven by rapid urbanization to spur demand for air taxi services
The growing population and rising private ownership of vehicles are resulting in traffic congestions, particularly in major cities of the UAE. The traffic congestions in expanding urban regions cause increased levels of noise pollution and emissions and a surge in the travel time of individuals, which is causing stress and anxiety among people. As a result, the government as well as industry players are expanding various modes of transportation to accommodate commuters and ease traffic congestion. The air taxi service is emerging as an energy-efficient and reliable solution to these urban issues, which is anticipated to drive the UAE Air Taxi Market.
UAE Air Taxi Market
Segmental Coverage
UAE Air Taxi Market – By Technology Type
The UAE Air Taxi Market, based on technology type, is split into autonomous and piloted segments. The piloted segment accounts for a higher share of the market. The segment’s growth is mainly attributed to the passengers' comfort and confidence with piloted air taxis, as it eases their concerns about autonomous technology. In addition, piloted flights follow established aviation rules, which expedite regulatory clearances. The piloted category continues to dominate as research into autonomous capabilities advances, drawing in a larger customer base and significantly boosting market revenue growth.
Competitive Landscape
Major players operating in the UAE Air Taxi Market include Joby Aviation, Archer Aviation, Skyports, Volocopter, Lilium GmbH, and Vertical Aerospace. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and the UAE Air Taxi Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the UAE Air Taxi Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

Table of Contents

200 Pages
1. Research Framework
1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation
2. Executive Summary
3. UAE Air Taxi Market Insights
3.1. Industry Value Chain Analysis
3.2. DROC Analysis
3.2.1. Growth Drivers
3.2.1.1. Advancements in Electric Vertical Takeoff and Landing (eVTOL) Aircraft
3.2.1.2. Growing Demand for Regional Connectivity
3.2.1.3. Government Initiatives to Promote Air Taxis
3.2.2. Restraints
3.2.2.1. High Infrastructure Costs
3.2.2.2. Regulation and Safety Concerns
3.2.2.3. Public Perception of Air Taxis
3.2.3. Opportunities
3.2.3.1. Increasing Integration of Urban Air Mobility (UAM)
3.2.3.2. Increasing Revolutionize for Emergency Medical Services
3.2.4. Challenges
3.2.4.1. Issues Related to Range and Affordability of Electric Batteries
3.2.4.2. Lack of Skilled Workforce for Operating and Maintaining
3.3. Technological Advancements/Recent Developments
3.4. Regulatory Framework
3.5. Porter’s Five Forces Analysis
3.5.1. Bargaining Power of Suppliers
3.5.2. Bargaining Power of Buyers
3.5.3. Threat of New Entrants
3.5.4. Threat of Substitutes
3.5.5. Intensity of Rivalry
4. UAE Air Taxi Market: Pricing Analysis
5. UAE Air Taxi Market: Marketing Strategies
6. UAE Air Taxi Market Overview
6.1. Market Size & Forecast, 2019–2030
6.1.1. By Value (USD Million)
6.2. Market Share & Forecast
6.2.1. By Aircraft Type
6.2.1.1. eVTOL
6.2.1.2. VTOL
6.2.2. By Technology Type
6.2.2.1. Autonomous
6.2.2.2. Piloted
6.2.3. By Range
6.2.3.1. Intercity
6.2.3.2. Intracity
6.2.3.3. Others
7. Competitive Landscape
7.1. List of Key Players and Their Offerings
7.2. UAE Air Taxi Company Market Share Analysis, 2023
7.3. Competitive Benchmarking, By Operation Channel Parameters
7.4. Key Strategic Development (Mergers, Acquisitions, Partnerships, etc.)
8. Impact of Escalating Geopolitical Tensions on UAE Air Taxi Market
9. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
9.1. Joby Aviation
9.2. Archer Aviation
9.3. Skyports
9.4. Volocopter
9.5. Lilium GmbH
9.6. Vertical Aerospace
9.7. Other Prominent Players
10. Key Strategic Recommendations
11. Research Methodology
11.1. Qualitative Research
11.1.1. Primary & Secondary Research
11.2. Quantitative Research
11.3. Market Breakdown & Data Triangulation
11.3.1. Secondary Research
11.3.2. Primary Research
11.4. Breakdown of Primary Research Respondents, By Region
11.5. Assumption & Limitation
*Financial information of non-listed companies will be provided as per availability
**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable
List of Figures
Figure 1 UAE Air Taxi Market Segmentation
Figure 2 UAE Air Taxi Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2023
Figure 4 UAE Air Taxi Market Size, By Value (USD Million), 2019–2030
Figure 5 UAE Air Taxi Market Size, By Volume (Thousand Units), 2019–2030
Figure 6 UAE Air Taxi Market Share, By Aircraft Type, By Value (USD Million) 2019–2030
Figure 7 UAE Air Taxi Market Share, By Technology Type, By Value (USD Million) 2019–2030
Figure 8 UAE Air Taxi Market Share, By Range, By Value (USD Million) 2019–2030
List of Tables
Table 1 UAE Air Taxi Market Size, By Value (USD Million), 2019–2030
Table 2 UAE Air Taxi Market Size, By Volume (Thousand Units), 2019–2030
Table 3 UAE Air Taxi Market Share, By Aircraft Type, By Value (USD Million) 2019–2030
Table 4 UAE Air Taxi Market Share, By Technology Type, By Value (USD Million) 2019–2030
Table 5 UAE Air Taxi Market Share, By Range, By Value (USD Million) 2019–2030
Table 6 Joby Aviation Company Overview
Table 7 Joby Aviation Financial Overview
Table 8 Archer Aviation Company Overview
Table 9 Archer Aviation Financial Overview
Table 10 Skyports Company Overview
Table 11 Skyports Financial Overview
Table 12 Volocopter Company Overview
Table 13 Volocopter Financial Overview
Table 14 Lilium GmbH Company Overview
Table 15 Lilium GmbH Financial Overview
Table 16 Vertical Aerospace Company Overview
Table 17 Vertical Aerospace Financial Overview

Pricing

Currency Rates
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