Global Drone Taxi Market Size, Trends and Growth Opportunity, By System (Structure, Avionics, Interior, Propulsion, Other), By Propulsion Type (Fully Electric, Hybrid, Electric Hydrogen), By Passenger Capacity (Up to 2, 3 to 5, More than 5), By End Use (Ride Sharing Companies, Scheduled Operators, Hospital and Medical Agencies, Private Operators), By Range (Intracity, Intercity), By Autonomy (Remotely Piloted, Fully Autonomous) By Region and forecast till 2027.
Global Drone Taxi Market
Global Drone Taxi Market was valued at USD 9.51 Million in 2021 and is slated to reach USD 749.35 Million by 2027 at a CAGR of 59.2% from 2022-2027.
A drone taxi is the most recent innovation in the automobile industry, capable of transporting people both intra- and inter-city. These taxis will be fully equipped with cutting-edge technology and will be completely silent, environmentally friendly, and safe to use. This drone taxi is an improved version of toy drones used for entertainment and medical purposes. It's a pilotless helicopter that can fly at around 130 km/h and land anywhere based on data input, allowing people to get to their destinations faster.
Market Drivers
During the forecast period, the hospital and medical segment grew significantly. Because ambulance drones can avoid road transportation barriers such as blocked roads and traffic jams, and they can reach difficult places such as mountains faster and in remote areas than traditional ambulances, there is an increasing demand for them in hospitals. Ambulance drones are also useful for providing faster ambulatory service at events such as festivals and fairs. Furthermore, traditional ambulances are expensive and require human operators, medical staff, and technicians to operate, whereas ambulance drones are much less expensive and require fewer people to operate. Intercity is the leading range segment that is expected to grow significantly during the forecast period. This large market share can be attributed to the high demand for air transportation in the city's core and residential suburbs. Lift, Airbus, Volocopter, and Boeing, among others, have already begun to invest in the development of efficient and advanced intercity transportation services. Ilium, for example, is developing the Ilium Jet, an e-VTOL jet with a cruising speed of more than 300 km/h. The company is working to organize this jet first for intercity travel and then for intercity travel. Furthermore, in December 2018, Lift Aircraft launched Hexa, a manned intercity e-VTOL with a market price of USD 49,500. As a result, the high popularity of intercity range-based drone taxis are expected to drive market growth.
Market Restraints
Concerns about safety during drone taxi operations, as well as restrictions on commercial drone use, are expected to stymie market growth. Furthermore, a lack of skilled and trained operators, as well as the implementation of necessary ground infrastructure, are expected to impede the growth of the drone taxi market during the forecast period of 2022-2027.
Impact of COVID-19
Before the outbreak of Covid-19, the drone taxi market was rapidly expanding. The Federal Aviation Administration in the United States announced its appointment with more than 15 e-VTOL aircraft manufacturers in 2019, including Lilium, EHang, Uber Air, Joby Aviation, and others, with all of these companies intending to launch commercial passenger flights in the coming years. However, there have been numerous indications of a slowing since the outbreak. For example, Uber Air has revealed that remote working has hampered its automobile partners' ability to conduct R&D activities. Furthermore, during the outbreak, EHang was impacted by supply chain disruptions and labour shortages. Voom, an Airbus-sponsored app-based helicopter booking platform, ceased operations in 2020 due to pandemic-related disruptions.
Market Segmentation
Global Drone Taxi Market is segmented into By System, Propulsion Type, Passenger Capacity, End Use, Range, and Autonomy. Based on the System it is segmented into Structure, Avionics, Interior, Propulsion, and Other. Based on Propulsion Type it is segmented into Fully Electric, Hybrid, and Electric Hydrogen. Based on Passenger Capacity it is segmented into Up to 2, 3 to 5, and More than 5. Based on End Use it is segmented into Ride Sharing Companies, Scheduled Operators, Hospital and Medical Agencies, and Private Operators. Based on Range it is segmented into Intracity and Intercity. Based on Autonomy it is segmented into Remotely Piloted, Fully Autonomous.
Regional Analysis
Global Drone Taxi Market is segmented into five regions Americas, Europe, Asia-Pacific, and the Middle East & Africa. North America dominates the drone taxi market in terms of revenue, owing to a surge in investments by numerous market players in this region to expand drone taxi infrastructure. During the forecast period of 2022-2027, North America is expected to be the fastest-developing region. This is primarily due to increased traffic congestion and the rise of smart cities in this region.
Key Players
This report includes a list of numerous Key Players, namely Textron Inc. (U.S.), Guangzhou EHang Intelligent Technology Co. Ltd (China), Joby Aviation. (U.S.), Volocopter GmbH (Germany), Lilium (Germany), Opener (U.S.), PIPISTREL d.o.o. (Slovenia), Aloft Aviation. (India), LIFT Aircraft Inc. (U.S.), SkyDrive Inc. (Japan).
Market Taxonomy
By System
• Structure
• Avionics
• Interior
• Propulsion
• Other
By Propulsion Type
• Fully Electric
• Hybrid
• Electric Hydrogen
By Passenger Capacity
• Up to 2
• 3 to 5
• More than 5
By End Use
• Ride Sharing Companies
• Scheduled Operators
• Hospital and Medical Agencies
• Private Operators
By Range
• Intracity
• Intercity
By Autonomy
• Remotely Piloted
• Fully Autonomous
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa.
Key Question Addressed by the Report
• What are the Key Opportunities in Global Drone Taxi Market?
• What will be the growth rate from 2022 to 2027?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the role of key players in the value chain?
Global Drone Taxi Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Drone Taxi Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Drone Taxi Market, By System
5.1 Y-o-Y Growth Comparison, By System
5.2 Drone Taxi Market Share Analysis, By System
5.3 Drone Taxi Market Size and Forecast, By System
5.3.1 Structure
5.3.2 Avionics
5.3.3 Interior
5.3.4 Propulsion
5.3.5 Other
6 Drone Taxi Market, By Propulsion Type
6.1 Y-o-Y Growth Comparison, By Propulsion Type
6.2 Drone Taxi Market Share Analysis, By Propulsion Type
6.3 Drone Taxi Market Size and Forecast, By Propulsion Type
6.3.1 Fully Electric
6.3.2 Hybrid
6.3.3 Electric Hydrogen
7 Drone Taxi Market, By Passenger Capacity
7.1 Y-o-Y Growth Comparison, By Passenger Capacity
7.2 Drone Taxi Market Share Analysis, By Passenger Capacity
7.3 Drone Taxi Market Size and Forecast, By Passenger Capacity
7.3.1 Up to 2
7.3.2 3 to 5
7.3.3 More than 5
8 Drone Taxi Market, By End Use
8.1 Y-o-Y Growth Comparison, By End Use
8.2 Drone Taxi Market Share Analysis, By End Use
8.3 Drone Taxi Market Size and Forecast, By End Use
8.3.1 Ride Sharing Companies
8.3.2 Scheduled Operators
8.3.3 Hospital and Medical Agencies
8.3.4 Private Operators
9 Drone Taxi Market, By Range
9.1 Y-o-Y Growth Comparison, By Range
9.2 Drone Taxi Market Share Analysis, By Range
9.3 Drone Taxi Market Size and Forecast, By Range
9.3.1 Intracity
9.3.1 Intercity
10 Drone Taxi Market, By Autonomy
10.1 Y-o-Y Growth Comparison, By Autonomy
10.2 Drone Taxi Market Share Analysis, By Autonomy
10.3 Drone Taxi Market Size and Forecast, By Autonomy
10.3.1 Remotely Piloted
10.3.2 Fully Autonomous
11 Drone Taxi Market, By Region
11.1 Drone Taxi Market Share Analysis, By Region
11.2 Drone Taxi Market Share Analysis, By Region
11.3 Drone Taxi Market Size and Forecast, By Region
12 North America Drone Taxi Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 North America Drone Taxi Market Share Analysis, By System
12.3 North America Drone Taxi Market Size and Forecast, By Propulsion Type
12.4 North America Drone Taxi Market Size and Forecast, By Passenger Capacity
12.5 North America Drone Taxi Market Size and Forecast, By End Use
12.6 North America Drone Taxi Market Size and Forecast, By Range
12.7 North America Drone Taxi Market Size and Forecast, By Autonomy
12.8 North America Drone Taxi Market Size and Forecast, By Country
12.8.1 U.S.
12.8.2 Canada
12.8.3 Mexico
13 Europe Drone Taxi Market Analysis and Forecast (2022 – 2027)
13.1 Introduction
13.2 Europe Drone Taxi Market Share Analysis, By System
13.3 Europe Drone Taxi Market Size and Forecast, By Propulsion Type
13.4 Europe Drone Taxi Market Size and Forecast, By Passenger Capacity
13.5 Europe Drone Taxi Market Size and Forecast, By End Use
13.6 Europe Drone Taxi Market Size and Forecast, By Range
13.7 Europe Drone Taxi Market Size and Forecast, By Autonomy
13.8 Europe Drone Taxi Market Size and Forecast, By Country
13.8.1 Germany
13.8.2 France
13.8.3 Austria
13.8.4. Rest of Europe
14 Asia Pacific Drone Taxi Market Analysis and Forecast (2022 – 2027)
14.1 Introduction
14.2 Asia Pacific Drone Taxi Market Share Analysis, By System
14.3 Asia Pacific Drone Taxi Market Size and Forecast, By Propulsion Type
14.4 Asia Pacific Drone Taxi Market Size and Forecast, By Passenger Capacity
14.5 Asia Pacific Drone Taxi Market Size and Forecast, By End Use
14.6 Asia Pacific Drone Taxi Market Size and Forecast, By Range
14.7 Asia Pacific Drone Taxi Market Size and Forecast, By Autonomy
14.8 Asia Pacific Drone Taxi Market Size and Forecast, By Country
14.8.1 China
14.8.2 Japan
14.8.3 India
14.8.4. Rest of Asia Pacific
15 Latin America Drone Taxi Market Analysis and Forecast (2022 – 2027)
15.1 Introduction
15.2 Latin America Drone Taxi Market Share Analysis, By System
15.3 Latin America Drone Taxi Market Size and Forecast, By Propulsion Type
15.4 Latin America Drone Taxi Market Size and Forecast, By Passenger Capacity
15.5 Latin America Drone Taxi Market Size and Forecast, By End Use
15.6 Latin America Drone Taxi Market Size and Forecast, By Range
15.7 Latin America Drone Taxi Market Size and Forecast, By Autonomy
15.8 Latin America Drone Taxi Market Size and Forecast, By Country
15.8.1. Brazil
15.8.2. Rest of Latin America
16 Middle East Drone Taxi Market Analysis and Forecast (2022 – 2027)
16.1 Introduction
16.2 Middle East Drone Taxi Market Share Analysis, By System
16.3 Middle East Drone Taxi Market Size and Forecast, By Propulsion Type
16.4 Middle East Drone Taxi Market Size and Forecast, By Passenger Capacity
16.5 Middle East Drone Taxi Market Size and Forecast, By End Use
16.6 Middle East Drone Taxi Market Size and Forecast, By Range
16.7 Middle East Drone Taxi Market Size and Forecast, By Autonomy
16.8 Middle East Drone Taxi Market Size and Forecast, By Country
16.8.1. Saudi Arabia
16.8.2. UAE
16.8.3. Egypt
16.8.4. Kuwait
16.8.5. South Africa
17 Competitive Analysis
17.1 Competition Dashboard
17.2 Market share Analysis of Top Vendors
17.3 Key Development Strategies
18 Company Profiles
18.1 Textron Inc. (U.S.)
18.1.1 Overview
18.1.2 Offerings
18.1.3 Key Financials
18.1.4 Business Segment & Geographic Overview
18.1.5 Key Market Developments
18.1.6 Key Strategies
18.2 Guangzhou EHang Intelligent Technology Co Ltd (China)
18.2.1 Overview
18.2.2 Offerings
18.2.3 Key Financials
18.2.4 Business Segment & Geographic Overview
18.2.5 Key Market Developments
18.2.6 Key Strategies
18.3 Joby Aviation. (U.S.)
18.3.1 Overview
18.3.2 Offerings
18.3.3 Key Financials
18.3.4 Business Segment & Geographic Overview
18.3.5 Key Market Developments
18.3.6 Key Strategies
18.4 Volocopter GmbH (Germany)
18.4.1 Overview
18.4.2 Offerings
18.4.3 Key Financials
18.4.4 Business Segment & Geographic Overview
18.4.5 Key Market Developments
18.4.6 Key Strategies
18.5 Lilium (Germany)
18.5.1 Overview
18.5.2 Offerings
18.5.3 Key Financials
18.5.4 Business Segment & Geographic Overview
18.5.5 Key Market Developments
18.5.6 Key Strategies
18.6 Opener (U.S.)
18.6.1 Overview
18.6.2 Offerings
18.6.3 Key Financials
18.6.4 Business Segment & Geographic Overview
18.6.5 Key Market Developments
18.6.6 Key Strategies
18.7 PIPISTREL d.o.o. (Slovenia)
18.7.1 Overview
18.7.2 Offerings
18.7.3 Key Financials
18.7.4 Business Segment & Geographic Overview
18.7.5 Key Market Developments
18.7.6 Key Strategies
18.8 Aloft Aviation. (India)
18.8.1 Overview
18.8.2 Offerings
18.8.3 Key Financials
18.8.4 Business Segment & Geographic Overview
18.8.5 Key Market Developments
18.8.6 Key Strategies
18.9 LIFT Aircraft Inc. (U.S.)
18.9.1 Overview
18.9.2 Offerings
18.9.3 Key Financials
18.9.4 Business Segment & Geographic Overview
18.9.5 Key Market Developments
18.9.6 Key Strategies
18.10 SkyDrive Inc. (Japan)
18.10.1 Overview
18.10.2 Offerings
18.10.3 Key Financials
18.10.4 Business Segment & Geographic Overview
18.10.5 Key Market Developments
18.10.6 Key Strategies
