Drone Taxi Market
Global Drone Taxi Market Size, Share & Trends Analysis Report, By Autonomy (Remotely Piloted, Fully Automated) By Propulsion Type (Fully Electric, Hybrid, Electric Hydrogen), By End-user (Ride-Sharing Companies, Scheduled Operators, and Hospital and Medical Agencies) By Range (Intracity and Intercity) Forecast Period, 2021-2027 Update Available - Forecast 2024-2030
The global drone taxi market is projected to grow at a CAGR of XX% during the forecast period (2021-2027). The primary factor driving the market is its advantages including reduction in traffic congestion, increasing transportation efficiency, and reduction in the level of noise pollution. Further, it can be used to carry passengers for intracity or intercity transportation. The major attributable factor for the rapid increase in drone taxis is an increase in the urban population coupled with increasing demand for electric vertical takeoff and landing (EVOTLs) in various countries.
Impact of COVID-19 Pandemic on Global Drone Taxi Market
COVID-19 pandemic led to a positive impact on the growth of the market. During the pandemic, the company has strategically invested in the production of the drone. For instance, in February 2020, Toyota invested $590 billion in Joby Aviation and EHang’s $650 million initial public offerings (IPO) valuation. However, the pandemic has impacted the R&D activities of companies such as Uber Air Taxis. Further, there were disruptions in supply chain and logistics operations due to the lockdown imposed by the government of several countries.
Segmental Outlook
The global drone taxi market is segmented based on autonomy, propulsion type, end-user and range. Based on autonomy, the market is segmented into remotely piloted and fully automated. Among autonomy, the remotely piloted segment is expected to have a considerable share in the market during the forecast period. Based on propulsion type, the market is segmented into fully electric, hybrid, and electric hydrogen. Based on end-user, the market is segmented into ride-sharing companies, scheduled operators, and hospital and medical agencies. Among the end-user, the ride-sharing segment of the market is expected to grow at a significant rate during the forecast period. The segmental growth is attributed to the need for fast transport and the presence of a large number of air taxi operators. Based on the range, the market is segmented into intracity and intercity. Among the range, the intracity segment is expected to have a considerable share in the market owing to the rising on-demand air transportation within core urban areas.
Global Drone Taxi Market Share by Propulsion Type, 2020 (%)
Fully Electric Segment to Hold a Lucrative Share in the Global Drone Taxi Market
Based on propulsion type, the market is segmented into fully electric, hybrid, and electric hydrogen. Among the propulsion type, the fully electric segment of the market is estimated to hold a lucrative share in the market during the forecast period. The attributable factor for the growth of the segment is an increase in demand for fuel-efficient, high performance, and low emission vehicles.
Regional Outlook
The global drone taxi market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. Asia-Pacific region is projected to hold a significant market share. China, India, Japan, and the Rest of the Asia-Pacific are the major economies primarily contributing to the growth of the market in the region. The regional growth of the market is accredited to the rising disposable income in the economies such as China and India coupled with government initiatives to reduce carbon emissions. North America drone taxi market is driven by the well-developed healthcare and IT infrastructure and growing investments in automotive and transportation.
Global Drone Taxi Market Growth, by Region 2021-2027
North America to Witness Potential Share in the Global Drone taxi Market
North America is anticipated to exhibit significant growth in the global drone taxi market. The growth factors for the regional market include the strategic partnerships and funding related to the use of drone taxis by concerned authorities in North American countries such as the US. For instance, in January 2020, Joby Aviation entered into a strategic partnership with Toyota and Uber. In 2019, Federal Aviation Administration (FAA) in the US announced that it was engaged with manufacturers of more than 15 electric vertical takeoffs and landing (eVTOL) aircraft.
Market Players Outlook
Some prominent players functioning in the global drone taxi market include Airbus SE, The Boeing Co., Joby Aero Inc., and others. These key manufacturers are adopting various strategies such as new product launches and approvals, mergers and acquisitions, partnerships and collaborations, and many others to thrive in a competitive environment. For an instance, in May 2021, Osaka city will undertake the development of vertiports and infrastructure for drone delivery services, including urban air mobility. Sports, a leading UK-based vertiport company, will assist in the delivery of eVTOL technology. The initiative will enhance tourism, sustainability, and the economic performance of the Osaka Prefecture.
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global drone taxi market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Drone Taxi Industry
• Recovery Scenario of Global Drone Taxi Industry
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Conclusion
2.3. Porter’s Analysis
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Airbus SE
3.1.1.1. Overview
3.1.1.2. Financial Analysis
3.1.1.3. SWOT Analysis
3.1.2. The Boeing Co.
3.1.2.1. Overview
3.1.2.2. Financial Analysis
3.1.2.3. SWOT Analysis
3.1.3. Joby Aero, Inc.
3.1.3.1. Overview
3.1.3.2. Financial Analysis
3.1.3.3. SWOT Analysis
3.2. Key Strategy Analysis
3.3. Impact of COVID-19 on Key Players
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Drone Taxi Market by Autonomy
5.1.1. Remotely Piloted
5.1.2. Fully Autonomous
5.2. Global Drone Taxi Market, by Propulsion Type
5.2.1. Fully Electric
5.2.2. Hybrid
5.2.3. Electric Hydrogen
5.3. Global Drone Taxi Market by End User
5.3.1. Ride-Sharing Companies
5.3.2. Scheduled Operators
5.3.3. Hospital and Medical Agencies.
5.4. Global Drone Taxi Market by Range
5.4.1. Intracity
5.4.2. Intercity
6. Regional Analysis
6.1. North America
6.1.1. US
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. South Korea
6.3.5. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Archer Aviation Inc.
7.2. Bell Textron Inc.
7.3. Guangzhou EHang Intelligent Technology Co. Ltd.
7.4. Hyundai Motor Co.
7.5. Kitty Hawk
7.6. Lilium GmbH
7.7. Terrafugia
7.8. Textron Inc.
7.9. Uber Technologies Inc.
7.10. Volocopter GmbH
1. GLOBAL DRONE TAXI MARKET RESEARCH AND ANALYSIS BY AUTONOMY, 2020-2027 ($ MILLION)
2. GLOBAL REMOTELY PILOTED DRONE TAXI MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
3. GLOBAL FULLY AUTONOMOUS DRONE TAXI MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
4. GLOBAL DRONE TAXI MARKET RESEARCH AND ANALYSIS BY PROPULSION TYPE, 2020-2027 ($ MILLION)
5. GLOBAL FULLY ELECTRIC DRONE TAXI MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
6. GLOBAL HYBRID DRONE TAXI MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
7. GLOBAL ELECTRIC HYDROGEN DRONE TAXI MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027 ($ MILLION)
8. GLOBAL DRONE TAXI MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027($ MILLION)
9. GLOBAL DRONE TAXI FOR RIDE-SHARING COMPANIES MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027($ MILLION)
10. GLOBAL DRONE TAXI FOR SCHEDULED OPERATORS MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027($ MILLION)
11. GLOBAL DRONE TAXI FOR HOSPITAL AND MEDICAL AGENCIES MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027($ MILLION)
12. GLOBAL DRONE TAXI MARKET RESEARCH AND ANALYSIS BY RANGE, 2020-2027($ MILLION)
13. GLOBAL INTRACITY DRONE TAXI MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027($ MILLION)
14. GLOBAL INTERCITY DRONE TAXI MARKET RESEARCH AND ANALYSIS BY REGION, 2020-2027($ MILLION)
15. NORTH AMERICAN DRONE TAXI MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
16. NORTH AMERICAN DRONE TAXI MARKET RESEARCH AND ANALYSIS BY AUTONOMY, 2020-2027 ($ MILLION)
17. NORTH AMERICAN DRONE TAXI MARKET RESEARCH AND ANALYSIS BY PROPULSION TYPE, 2020-2027 ($ MILLION)
18. NORTH AMERICAN DRONE TAXI MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
19. NORTH AMERICAN DRONE TAXI MARKET RESEARCH AND ANALYSIS BY RANGE, 2020-2027 ($ MILLION)
20. EUROPEAN DRONE TAXI MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
21. EUROPEAN DRONE TAXI MARKET RESEARCH AND ANALYSIS BY AUTONOMY, 2020-2027 ($ MILLION)
22. EUROPEAN DRONE TAXI MARKET RESEARCH AND ANALYSIS BY PROPULSION TYPE, 2020-2027 ($ MILLION)
23. EUROPEAN DRONE TAXI MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
24. EUROPEAN DRONE TAXI MARKET RESEARCH AND ANALYSIS BY RANGE, 2020-2027 ($ MILLION)
25. ASIA-PACIFIC DRONE TAXI MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027 ($ MILLION)
26. ASIA-PACIFIC DRONE TAXI MARKET RESEARCH AND ANALYSIS BY AUTONOMY, 2020-2027 ($ MILLION)
27. ASIA-PACIFIC DRONE TAXI MARKET RESEARCH AND ANALYSIS BY PROPULSION TYPE, 2020-2027 ($ MILLION)
28. ASIA-PACIFIC DRONE TAXI MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
29. ASIA-PACIFIC DRONE TAXI MARKET RESEARCH AND ANALYSIS BY RANGE, 2020-2027 ($ MILLION)
30. REST OF THE WORLD DRONE TAXI MARKET RESEARCH AND ANALYSIS BY AUTONOMY, 2020-2027 ($ MILLION)
31. REST OF THE WORLD DRONE TAXI MARKET RESEARCH AND ANALYSIS BY PROPULSION TYPE, 2020-2027 ($ MILLION)
32. REST OF THE WORLD DRONE TAXI MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027 ($ MILLION)
33. REST OF THE WORLD DRONE TAXI MARKET RESEARCH AND ANALYSIS BY RANGE, 2020-2027 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL DRONE TAXI MARKET, 2020-2027 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL DRONE TAXI MARKET BY SEGMENT, 2020-2027 ($ MILLION)
3. RECOVERY OF GLOBAL DRONE TAXI MARKET, 2021-2027(%)
4. GLOBAL DRONE TAXI MARKET SHARE BY AUTONOMY, 2020 VS 2027 (%)
5. GLOBAL DRONE TAXI MARKET SHARE BY PROPULSION TYPE, 2020 VS 2027 (%)
6. GLOBAL DRONE TAXI MARKET SHARE BY END-USER, 2020 VS 2027 (%)
7. GLOBAL DRONE TAXI MARKET SHARE BY RANGE, 2020 VS 2027 (%)
8. GLOBAL DRONE TAXI MARKET SHARE BY GEOGRAPHY, 2020 VS 2027 (%)
9. GLOBAL REMOTELY PILOTED DRONE TAXI MARKET SHARE BY REGION, 2020 VS 2027 (%)
10. GLOBAL FULLY AUTONOMOUS DRONE TAXI MARKET SHARE BY REGION, 2020 VS 2027 (%)
11. GLOBAL FULLY ELECTRIC DRONE TAXI MARKET SHARE BY REGION, 2020 VS 2027 (%)
12. GLOBAL HYBRID DRONE TAXI MARKET SHARE BY REGION, 2020 VS 2027 (%)
13. GLOBAL ELECTRIC HYDROGEN DRONE TAXI MARKET SHARE BY REGION, 2020 VS 2027 (%)
14. GLOBAL DRONE TAXI FOR RIDE-SHARING COMPANIES MARKET SHARE BY REGION, 2020 VS 2027 (%)
15. GLOBAL DRONE TAXI FOR SCHEDULED OPERATORS MARKET SHARE BY REGION, 2020 VS 2027 (%)
16. GLOBAL DRONE TAXI FOR HOSPITAL AND MEDICAL AGENCIES MARKET SHARE BY REGION, 2020 VS 2027 (%)
17. GLOBAL DRONE TAXI FOR INTRACITY MARKET SHARE BY REGION, 2020 VS 2027 (%)
18. GLOBAL DRONE TAXI FOR INTERCITY MARKET SHARE BY REGION, 2020 VS 2027 (%)
19. US DRONE TAXI MARKET SIZE, 2020-2027 ($ MILLION)
20. CANADA DRONE TAXI MARKET SIZE, 2020-2027 ($ MILLION)
21. UK DRONE TAXI MARKET SIZE, 2020-2027 ($ MILLION)
22. FRANCE DRONE TAXI MARKET SIZE, 2020-2027 ($ MILLION)
23. GERMANY DRONE TAXI MARKET SIZE, 2020-2027 ($ MILLION)
24. ITALY DRONE TAXI MARKET SIZE, 2020-2027 ($ MILLION)
25. SPAIN DRONE TAXI MARKET SIZE, 2020-2027 ($ MILLION)
26. ROE DRONE TAXI MARKET SIZE, 2020-2027 ($ MILLION)
27. INDIA DRONE TAXI MARKET SIZE, 2020-2027 ($ MILLION)
28. CHINA DRONE TAXI MARKET SIZE, 2020-2027 ($ MILLION)
29. JAPAN DRONE TAXI MARKET SIZE, 2020-2027 ($ MILLION)
30. ASEAN DRONE TAXI MARKET SIZE, 2020-2027 ($ MILLION)
31. SOUTH KOREA DRONE TAXI MARKET SIZE, 2020-2027 ($ MILLION)
32. REST OF ASIA-PACIFIC DRONE TAXI MARKET SIZE, 2020-2027 ($ MILLION)
33. REST OF THE WORLD DRONE TAXI MARKET SIZE, 2020-2027 ($ MILLION)
