According to the study, Rapid Shift towards Urban Transportation Technology
is one of the primary growth factors for the market. Increasing Application of Air Taxi for Business Travel
is also expected to contribute significantly to the Air Taxi market. Overall, Commercial
applications of Air Taxi, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Joby Aviation (United States), Archer Aviation (United States), Vertical Aerospace (United Kingdom), Lilium GmbH (Germany), Volocopter (Germany), SkyDrive Inc. (Japan), EHANG (China), AeroMobil (Slovakia), Terrafugia (United States) and Kitty Hawk Corporation (United States) pushing strong cash flow in Market which is also a key in driving revenue growth.
AMAs Analyst on the Global Air Taxi market identified that the demand is rising in many different parts of the world as "High Population Density and Increased Privately-Owned Vehicles can create Opportunities for the Market Growth". Furthermore, some recent industry insights like "On 15th March 2022, AeroMobil launched the second model of its revolutionary flying car, the 4-seater AM NEXT, the world’s first production of Air Taxi. AM NEXT leverages the groundbreaking engineering of AM4.0 and it will provide significant time savings on regional routes in the 100-500 mile range, which are too far to drive and too short, or inconvenient, to fly. Also, it will offer no-hassle travel: door-to-door single-seat convenience and comfort, to work, rest, and play." is constantly making the industry dynamic. One of the challenges that industry facing is "Stringent Regulatory Guidelines on the Air Taxi Manufacturers"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Air Taxi market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Air Taxi market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Air Taxi market tight? Which application/end-user category or Product Type [Multicopter, Quadcopter and Others] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Air Taxi market and other related sub-markets covered in the study.
o Key & emerging players in the Air Taxi market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Air Taxi market size is calculated using market estimation process, the Air Taxi market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Air Taxi market size has been validated using both top-down and bottom-up approaches.