Air Taxi Market By Propulsion Type (Parallel Hybrid, Electric, Turboshaft, and Turboelectric), By Passenger Capacity (One, Two, and Four), By Aircraft Type (Multicopter and Quadcopter), Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2023-2030

Market Overview

An air taxi is a type of aircraft that is designed to provide on-demand, point-to-point transportation services. Air taxis are typically smaller, electric or hybrid-electric aircraft that are capable of vertical takeoff and landing (eVTOL). They are intended for use in urban and suburban areas, and are designed to alleviate traffic congestion and provide faster travel times. Unlike traditional commercial airliners, air taxis have a much smaller capacity and operate on a much smaller scale. They are intended to operate like a taxi or ride-sharing service, with customers booking flights through an app or online platform.

Market Revenue, By Region

Market Dynamics

The demand for alternatives to road transportation is being driven by increasing congestion on roads and rising prices of natural gas and a flying taxi can reduce travel time of commuters daily travelling over 100 km in urban traffic by car or public transport, which are the key driving factors of the market. However, air taxies might be susceptible to cyberattacks and the primary challenge for the flying taxi market is regulatory, which is expected to limit its expansion during the forecast period.

The high product procurement costs and subsequent maintenance expenditure might hamper the market growth. Ride-hailing service companies such as Uber partnered with Boeing to commercialize the flying taxi concept, such strategic collaborations and cooperative partnerships are anticipated to present new avenues of business scope. The successful development of air taxies into commercial commodities would also provide lucrative opportunities for the market in coming years.

Market Segmentation

The global Air Taxi market is mainly classified based on Propulsion Type, Passenger Capacity, and Aircraft Type.

Propulsion Type is further segmented into Parallel Hybrid, Electric, Turboshaft, and Turboelectric.

By Passenger Capacity the market is divided into One, Two, and Four.

By Aircraft Type the market is further divided into Multicopter and Quadcopter.

Regional Segmentation

Based on geography, the global Air Taxi market is divided into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. North America is further divided in the U.S., Canada, and Mexico, whereas Europe consists of the UK, Germany, France, Italy, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea, and Rest of Asia-Pacific. The South America region includes Brazil, Argentina, and the Rest of South America, while the Middle East & Africa is categorized into GCC Countries, Egypt, South Africa, and Rest of Middle East & Africa.

Competitive landscape

Key players operating in the Air Taxi industry include AB Corporate Aviation., Aero Mobil’s, Airbus, Beechcraft Corporation, Boeing, Dassault Aviation SA, EHANG, Eve Air Mobility, Gulfstream, Joby Aviation, Kitty Hawk’s, Opener, TERRAFUGIA, Uber’s VTOL, Urban Aeronautics, Volocopter GmbH, and Wisk Aero LLC.

Air Taxi Market Key Segments:

By Propulsion Type

• Parallel Hybrid
• Electric
• Turboshaft
• Turboelectric

By Passenger Capacity

• One
• Two
• Four

By Aircraft Type

• Multicopter
• Quadcopter

Key Global Air Taxi Industry Players

• AB Corporate Aviation.
• Aero Mobil’s
• Airbus
• Beechcraft Corporation
• Boeing
• Dassault Aviation SA
• EHANG
• Eve Air Mobility
• Gulfstream
• Joby Aviation
• Kitty Hawk’s
• Opener
• TERRAFUGIA
• Uber’s VTOL
• Urban Aeronautics
• Volocopter GmbH
• Wisk Aero LLC

1. Market Introduction
1.1. Executive Summary
1.2. Market Definition
1.3. Market Scope

2. Research Methodology
2.1. Primary Research
2.2. Research Methodology
2.3. Assumptions & Exclusions
2.4. Secondary data sources

3. Air Taxi Market Overview
3.1. Report Segmentation & Scope
3.2. Key Market Trend
3.3. Drivers
3.3.1. Demand for alternatives to road transportation driven by increasing congestion on roads and rising prices of natural gas.
3.3.2. Reduction in travel time of commuters daily travelling over 100 km in urban traffic by car or public transport
3.4. Restraints
3.4.1. Air Taxies being susceptible to cyberattacks and security issues
3.4.2. Presence of a challenging regulatory scenario across the globe
3.5. Opportunity
3.5.1. Strategic Partnerships for product development and commercialization
3.6. Porter’s Five Forces Analysis
3.6.1. Porter’s Five Forces Analysis
3.7. Market Share Analysis

4. Propulsion Type Overview
4.1. Introduction
4.1.1. Market Size & Forecast
4.2. Parallel Hybrid
4.2.1. Market Size & Forecast
4.3. Electric
4.3.1. Market Size & Forecast
4.4. Turboshaft
4.4.1. Market Size & Forecast
4.5. Turboelectric
4.5.1. Market Size & Forecast

5. Passenger Capacity Overview
5.1. Introduction
5.1.1. Market Size & Forecast
5.2. One
5.2.1. Market Size & Forecast
5.3. Two
5.3.1. Market Size & Forecast
5.4. Four
5.4.1. Market Size & Forecast

6. Aircraft Type Overview
6.1. Introduction
6.1.1. Market Size & Forecast
6.2. Multicopter
6.2.1. Market Size & Forecast
6.3. Quadcopter
6.3.1. Market Size & Forecast

7. Air Taxi Market Regional Overview
7.1. Introduction
7.1.1. Market Size & Forecast
7.2. North America Air Taxi Market
7.2.1. North America Market Size & Forecast, By Country
7.2.2. North America Market Size & Forecast, By Propulsion Type
7.2.3. North America Market Size & Forecast, By Passenger Capacity
7.2.4. North America Market Size & Forecast, By Aircraft Type
7.2.5. U.S.
7.2.5.1. Market Size and Forecast
7.2.6. Canada
7.2.6.1. Market Size and Forecast
7.2.7. Mexico
7.2.7.1. Market Size and Forecast
7.3. Europe Air Taxi Market
7.3.1. Europe Market Size & Forecast, By Country
7.3.2. Europe Market Size & Forecast, By Propulsion Type
7.3.3. Europe Market Size & Forecast, By Passenger Capacity
7.3.4. Europe Market Size & Forecast, By Aircraft Type
7.3.5. Germany
7.3.5.1. Market Size and Forecast
7.3.6. France
7.3.6.1. Market Size and Forecast
7.3.7. UK
7.3.7.1. Market Size and Forecast
7.3.8. Italy
7.3.8.1. Market Size and Forecast
7.3.9. Spain
7.3.9.1. Market Size and Forecast
7.3.10. Rest of Europe
7.3.10.1. Market Size and Forecast
7.4. Asia-Pacific Air Taxi Market
7.4.1. Asia-Pacific Market Size & Forecast, By Country
7.4.2. Asia-Pacific Market Size & Forecast, By Propulsion Type
7.4.3. Asia-Pacific Market Size & Forecast, By Passenger Capacity
7.4.4. Asia-Pacific Market Size & Forecast, By Aircraft Type
7.4.5. China
7.4.5.1. Market Size and Forecast
7.4.6. Japan
7.4.6.1. Market Size and Forecast
7.4.7. India
7.4.7.1. Market Size and Forecast
7.4.8. South Korea
7.4.8.1. Market Size and Forecast
7.4.9. Australia
7.4.9.1. Market Size and Forecast
7.4.10. South East Asia
7.4.10.1. Market Size and Forecast
7.4.11. Rest of Asia-Pacific
7.4.11.1. Market Size and Forecast
7.5. South America Air Taxi Market
7.5.1. South America Market Size & Forecast, By Country
7.5.2. South America Market Size & Forecast, By Propulsion Type
7.5.3. South America Market Size & Forecast, By Passenger Capacity
7.5.4. South America Market Size & Forecast, By Aircraft Type
7.5.5. Brazil
7.5.5.1. Market Size and Forecast
7.5.6. Argentina
7.5.6.1. Market Size and Forecast
7.5.7. Rest of South America
7.5.7.1. Market Size and Forecast
7.6. Middle East & Africa Air Taxi Market
7.6.1. Middle East & Africa Market Size & Forecast, By Country
7.6.2. Middle East & Africa Market Size & Forecast, By Propulsion Type
7.6.3. Middle East & Africa Market Size & Forecast, By Passenger Capacity
7.6.4. Middle East & Africa Market Size & Forecast, By Aircraft Type
7.6.5. GCC Countries
7.6.5.1. Market Size and Forecast
7.6.6. UAE
7.6.6.1. Market Size and Forecast
7.6.7. Saudi Arabia
7.6.7.1. Market Size and Forecast
7.6.8. South Africa
7.6.8.1. Market Size and Forecast
7.6.9. Rest of Middle East & Africa
7.6.9.1. Market Size and Forecast

8. Company Profile
8.1. AB Corporate Aviation.
8.1.1. Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
8.1.2. AB Corporate Aviation. Product Category, Application, and Specification
8.1.3. AB Corporate Aviation. Financial Performance (2016-2018)
8.1.4. Main Business/Business Overview
8.2. Aero Mobil’s
8.3. Airbus
8.4. Beechcraft Corporation
8.5. Boeing
8.6. Dassault Aviation SA
8.7. EHANG
8.8. Eve Air Mobility
8.9. Gulfstream
8.10. Joby Aviation
8.11. Kitty Hawk’s
8.12. Opener
8.13. TERRAFUGIA
8.14. Uber’s VTOL
8.15. Urban Aeronautics
8.16. Volocopter GmbH
8.17. Wisk Aero LLC