The European air taxi market is projected to grow at a considerable CAGR during the forecast period. The presence of major companies such as Airbus and the investment made by the companies in these technologies has surged the growth of the European air taxi market. The government initiative for urban air mobility is significantly contributing to the air taxi industry. In addition, the regulations for the UAM industry have been drafted in Europe, which implies the commercial entry phase of the market in the region. With this, it is expected that the market in Europe will grow at a considerable rate during the forecast period.

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 The European market for air taxis is segregated on the basis of propulsion type and operation. As per the propulsion type, the market is further classified into electric, parallel hybrid, turboshaft, and turboelectric. The electric segment is projected to have considerable growth in the European air taxi market.  On the basis of operation, the market is further segregated into autonomous and piloted. The autonomous operation segment is estimated to hold a significant share owing to the rising demand for autonomous air vehicles across the region.  Based on geography, the European air taxi market is further segregated into the UK, Germany, France, Spain, Italy, and the Rest of Europe. Among, geography the UK is projected to have a considerable share in the European air taxi market owing to the presence of major market players and high disposable income in the region.  

The companies which are contributing to the growth of the European air taxi market include Airbus SE, The Boeing Co., FACC AG, Embraer SA, Neva Aerospace, Ltd., Lilium GmbH, and others. Product launch, merger, and acquisition, collaborations with government, and technological advancements through which market players are considerably contributing to the market growth to stay competitive in the market. 

Research Methodology

The market study of the European air taxi market is incorporated by extensive primary and secondary research conducted by the research team.  Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report is intended for air taxi market players, air mobility industry, transportation industry, industry associates & experts, government organizations, regulatory bodies, and other market participants for the overall market and competitive analysis. The report provides an in-depth analysis of market size, products offered by the companies, and future market opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for making better business decisions.

Market Segmentation

1. European Air Taxi Market Research and Analysis by Propulsion Type
2. European Air Taxi Market Research and Analysis by  Operation

The Report Covers

• Comprehensive research methodology of the European air taxi market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the European air taxi market.
• Insights about market determinants that are stimulating the European air taxi market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.