Air Taxi Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Air Taxi Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

The global air taxi market reached a value of US$ 817.5 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 2,326.8 Million by 2027, exhibiting a CAGR of 19.6% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

An air taxi is a lightweight, energy-saving, and robust commercial airplane designed to travel shorter distances. Its compact size and operational capabilities help in landing and taking-off from shorter runways. An air taxi assists in covering distances between localities, which are not served by schedules airlines, and is restricted to a maximum payload and passenger capacity. Moreover, it is operated via smaller local airports with less or no air traffic as they are relatively closer to passengers’ destination. As a result, it is gaining immense traction around the world.

Air Taxi Market Trends:
At present, there is a rise in the demand for better and efficient transportation system across the globe. This, coupled with the growing number of vehicles operating on the road and causing serious environmental impact, represents one of the key factors positively influencing the market. Apart from this, the significant expansion of the aviation and transportation industry, is contributing to market growth. Furthermore, leading market players are continuously funding research and development (R&D) activities to introduce several technological advancements. They are also introducing an integrated and connected multimodal transportation network that enables consumers to access on-demand air mobility, goods delivery, and emergency services. This, in confluence with the rising government initiates to provide air taxi services in urban areas, develop smart city projects and support the aviation industry worldwide, is creating a favorable market outlook. Other major factors, including the introduction of electric air taxi that is capable of taking off and land vertically and the development of full-scale flight test, the all-electric, self-piloted aircraft as an alternative mode of transportation, is projected to drive the market further.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global air taxi market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on propulsion type, aircraft type and passenger capacity.

Breakup by Propulsion Type:

Parallel Hybrid

Breakup by Aircraft Type:


Breakup by Passenger Capacity:

More than six

Breakup by Region:

North America
United States
South Korea
United Kingdom
Latin America
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Ab Corporate Aviation, Airbus SE, Fly Aeolus, Honeywell International Inc., Hyundai Motor Company, Joby Aviation, Kitty Hawk Corporation, Neva Aerospace Ltd., Nurol Holding, Skyway Air Taxi, Talkeetna Air Taxi Inc, and Volocopter GmbH. Key Questions Answered in This Report:
How has the global air taxi market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global air taxi market?
What are the key regional markets?
What is the breakup of the market based on the propulsion type?
What is the breakup of the market based on the aircraft type?
What is the breakup of the market based on the passenger capacity?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global air taxi market and who are the key players?
What is the degree of competition in the industry?

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Air Taxi Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Propulsion Type
6.1 Parallel Hybrid
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Electric
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Turboshaft
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Turboelectric
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Aircraft Type
7.1 Multicopter
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Quadcopter
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Others
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Passenger Capacity
8.1 One
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Two
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Four
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 More than six
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States Market Trends Market Forecast
9.1.2 Canada Market Trends Market Forecast
9.2 Asia-Pacific
9.2.1 China Market Trends Market Forecast
9.2.2 Japan Market Trends Market Forecast
9.2.3 India Market Trends Market Forecast
9.2.4 South Korea Market Trends Market Forecast
9.2.5 Australia Market Trends Market Forecast
9.2.6 Indonesia Market Trends Market Forecast
9.2.7 Others Market Trends Market Forecast
9.3 Europe
9.3.1 Germany Market Trends Market Forecast
9.3.2 France Market Trends Market Forecast
9.3.3 United Kingdom Market Trends Market Forecast
9.3.4 Italy Market Trends Market Forecast
9.3.5 Spain Market Trends Market Forecast
9.3.6 Russia Market Trends Market Forecast
9.3.7 Others Market Trends Market Forecast
9.4 Latin America
9.4.1 Brazil Market Trends Market Forecast
9.4.2 Mexico Market Trends Market Forecast
9.4.3 Others Market Trends Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Ab Corporate Aviation Company Overview Product Portfolio
14.3.2 Airbus SE Company Overview Product Portfolio Financials SWOT Analysis
14.3.3 Fly Aeolus Company Overview Product Portfolio
14.3.4 Honeywell International Inc. Company Overview Product Portfolio Financials SWOT Analysis
14.3.5 Hyundai Motor Company Company Overview Product Portfolio Financials SWOT Analysis
14.3.6 Joby Aviation Company Overview Product Portfolio
14.3.7 Kitty Hawk Corporation Company Overview Product Portfolio
14.3.8 Neva Aerospace Ltd. Company Overview Product Portfolio
14.3.9 Nurol Holding Company Overview Product Portfolio
14.3.10 Skyway Air Taxi Company Overview Product Portfolio
14.3.11 Talkeetna Air Taxi Inc Company Overview Product Portfolio
14.3.12 Volocopter GmbH Company Overview Product Portfolio

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