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Air Taxi Market Report by Propulsion Type (Parallel Hybrid, Electric, Turboshaft, Turboelectric), Aircraft Type (Multicopter, Quadcopter, and Others), Passenger Capacity (One, Two, Four, More than six), and Region 2023-2028

November 2023 | 145 pages | ID: A0A772BF1BF4EN
IMARC Group

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The global air taxi market size reached US$ 972.8 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 2,721.1 Million by 2028, exhibiting a growth rate (CAGR) of 18.70% during 2022-2028.

An air taxi is a lightweight, energy-saving, and robust commercial airplane designed to travel shorter distances. Its compact size and operational capabilities help in landing and taking-off from shorter runways. An air taxi assists in covering distances between localities, which are not served by schedules airlines, and is restricted to a maximum payload and passenger capacity. Moreover, it is operated via smaller local airports with less or no air traffic as they are relatively closer to passengers’ destination. As a result, it is gaining immense traction around the world.

Air Taxi Market Trends:
At present, there is a rise in the demand for better and efficient transportation system across the globe. This, coupled with the growing number of vehicles operating on the road and causing serious environmental impact, represents one of the key factors positively influencing the market. Apart from this, the significant expansion of the aviation and transportation industry, is contributing to market growth. Furthermore, leading market players are continuously funding research and development (R&D) activities to introduce several technological advancements. They are also introducing an integrated and connected multimodal transportation network that enables consumers to access on-demand air mobility, goods delivery, and emergency services. This, in confluence with the rising government initiates to provide air taxi services in urban areas, develop smart city projects and support the aviation industry worldwide, is creating a favorable market outlook. Other major factors, including the introduction of electric air taxi that is capable of taking off and land vertically and the development of full-scale flight test, the all-electric, self-piloted aircraft as an alternative mode of transportation, is projected to drive the market further.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global air taxi market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on propulsion type, aircraft type and passenger capacity.

Breakup by Propulsion Type:

Parallel Hybrid
Electric
Turboshaft
Turboelectric

Breakup by Aircraft Type:

Multicopter
Quadcopter
Others

Breakup by Passenger Capacity:

One
Two
Four
More than six

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Ab Corporate Aviation, Airbus SE, Fly Aeolus, Honeywell International Inc., Hyundai Motor Company, Joby Aviation, Kitty Hawk Corporation, Neva Aerospace Ltd., Nurol Holding, Skyway Air Taxi, Talkeetna Air Taxi Inc, and Volocopter GmbH.

Key Questions Answered in This Report
1. What was the size of the global air taxi market in 2022?
2. What is the expected growth rate of the global air taxi market during 2023-2028?
3. What are the key factors driving the global air taxi market?
4. What has been the impact of COVID-19 on the global air taxi market?
5. What is the breakup of the global air taxi market based on the propulsion type?
6. What is the breakup of the global air taxi market based on the aircraft type?
7. What are the key regions in the global air taxi market?
8. Who are the key players/companies in the global air taxi market?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1 Overview
4.2 Key Industry Trends

5 GLOBAL AIR TAXI MARKET

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 MARKET BREAKUP BY PROPULSION TYPE

6.1 Parallel Hybrid
  6.1.1 Market Trends
  6.1.2 Market Forecast
6.2 Electric
  6.2.1 Market Trends
  6.2.2 Market Forecast
6.3 Turboshaft
  6.3.1 Market Trends
  6.3.2 Market Forecast
6.4 Turboelectric
  6.4.1 Market Trends
  6.4.2 Market Forecast

7 MARKET BREAKUP BY AIRCRAFT TYPE

7.1 Multicopter
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2 Quadcopter
  7.2.1 Market Trends
  7.2.2 Market Forecast
7.3 Others
  7.3.1 Market Trends
  7.3.2 Market Forecast

8 MARKET BREAKUP BY PASSENGER CAPACITY

8.1 One
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2 Two
  8.2.1 Market Trends
  8.2.2 Market Forecast
8.3 Four
  8.3.1 Market Trends
  8.3.2 Market Forecast
8.4 More than six
  8.4.1 Market Trends
  8.4.2 Market Forecast

9 MARKET BREAKUP BY REGION

9.1 North America
  9.1.1 United States
    9.1.1.1 Market Trends
    9.1.1.2 Market Forecast
  9.1.2 Canada
    9.1.2.1 Market Trends
    9.1.2.2 Market Forecast
9.2 Asia-Pacific
  9.2.1 China
    9.2.1.1 Market Trends
    9.2.1.2 Market Forecast
  9.2.2 Japan
    9.2.2.1 Market Trends
    9.2.2.2 Market Forecast
  9.2.3 India
    9.2.3.1 Market Trends
    9.2.3.2 Market Forecast
  9.2.4 South Korea
    9.2.4.1 Market Trends
    9.2.4.2 Market Forecast
  9.2.5 Australia
    9.2.5.1 Market Trends
    9.2.5.2 Market Forecast
  9.2.6 Indonesia
    9.2.6.1 Market Trends
    9.2.6.2 Market Forecast
  9.2.7 Others
    9.2.7.1 Market Trends
    9.2.7.2 Market Forecast
9.3 Europe
  9.3.1 Germany
    9.3.1.1 Market Trends
    9.3.1.2 Market Forecast
  9.3.2 France
    9.3.2.1 Market Trends
    9.3.2.2 Market Forecast
  9.3.3 United Kingdom
    9.3.3.1 Market Trends
    9.3.3.2 Market Forecast
  9.3.4 Italy
    9.3.4.1 Market Trends
    9.3.4.2 Market Forecast
  9.3.5 Spain
    9.3.5.1 Market Trends
    9.3.5.2 Market Forecast
  9.3.6 Russia
    9.3.6.1 Market Trends
    9.3.6.2 Market Forecast
  9.3.7 Others
    9.3.7.1 Market Trends
    9.3.7.2 Market Forecast
9.4 Latin America
  9.4.1 Brazil
    9.4.1.1 Market Trends
    9.4.1.2 Market Forecast
  9.4.2 Mexico
    9.4.2.1 Market Trends
    9.4.2.2 Market Forecast
  9.4.3 Others
    9.4.3.1 Market Trends
    9.4.3.2 Market Forecast
9.5 Middle East and Africa
  9.5.1 Market Trends
  9.5.2 Market Breakup by Country
  9.5.3 Market Forecast

10 SWOT ANALYSIS

10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats

11 VALUE CHAIN ANALYSIS

12 PORTERS FIVE FORCES ANALYSIS

12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes

13 PRICE ANALYSIS

14 COMPETITIVE LANDSCAPE

14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
  14.3.1 Ab Corporate Aviation
    14.3.1.1 Company Overview
    14.3.1.2 Product Portfolio
  14.3.2 Airbus SE
    14.3.2.1 Company Overview
    14.3.2.2 Product Portfolio
    14.3.2.3 Financials
    14.3.2.4 SWOT Analysis
  14.3.3 Fly Aeolus
    14.3.3.1 Company Overview
    14.3.3.2 Product Portfolio
  14.3.4 Honeywell International Inc.
    14.3.4.1 Company Overview
    14.3.4.2 Product Portfolio
    14.3.4.3 Financials
    14.3.4.4 SWOT Analysis
  14.3.5 Hyundai Motor Company
    14.3.5.1 Company Overview
    14.3.5.2 Product Portfolio
    14.3.5.3 Financials
    14.3.5.4 SWOT Analysis
  14.3.6 Joby Aviation
    14.3.6.1 Company Overview
    14.3.6.2 Product Portfolio
  14.3.7 Kitty Hawk Corporation
    14.3.7.1 Company Overview
    14.3.7.2 Product Portfolio
  14.3.8 Neva Aerospace Ltd.
    14.3.8.1 Company Overview
    14.3.8.2 Product Portfolio
  14.3.9 Nurol Holding
    14.3.9.1 Company Overview
    14.3.9.2 Product Portfolio
  14.3.10 Skyway Air Taxi
    14.3.10.1 Company Overview
    14.3.10.2 Product Portfolio
  14.3.11 Talkeetna Air Taxi Inc
    14.3.11.1 Company Overview
    14.3.11.2 Product Portfolio
  14.3.12 Volocopter GmbH
    14.3.12.1 Company Overview
    14.3.12.2 Product Portfolio

LIST OF TABLES

Table 1: Global: Air Taxi Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Air Taxi Market Forecast: Breakup by Propulsion Type (in Million US$), 2023-2028
Table 3: Global: Air Taxi Market Forecast: Breakup by Aircraft Type (in Million US$), 2023-2028
Table 4: Global: Air Taxi Market Forecast: Breakup by Passenger Capacity (in Million US$), 2023-2028
Table 5: Global: Air Taxi Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Air Taxi Market: Competitive Structure
Table 7: Global: Air Taxi Market: Key Players

LIST OF FIGURES

Figure 1: Global: Air Taxi Market: Major Drivers and Challenges
Figure 2: Global: Air Taxi Market: Sales Value (in Million US$), 2017-2022
Figure 3: Global: Air Taxi Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 4: Global: Air Taxi Market: Breakup by Propulsion Type (in %), 2022
Figure 5: Global: Air Taxi Market: Breakup by Aircraft Type (in %), 2022
Figure 6: Global: Air Taxi Market: Breakup by Passenger Capacity (in %), 2022
Figure 7: Global: Air Taxi Market: Breakup by Region (in %), 2022
Figure 8: Global: Air Taxi (Parallel Hybrid) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Air Taxi (Parallel Hybrid) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Air Taxi (Electric) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Air Taxi (Electric) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Air Taxi (Turboshaft) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Air Taxi (Turboshaft) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Air Taxi (Turboelectric) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Air Taxi (Turboelectric) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Air Taxi (Multicopter) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Air Taxi (Multicopter) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Air Taxi (Quadcopter) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Air Taxi (Quadcopter) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Air Taxi (Other Aircraft Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Air Taxi (Other Aircraft Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Air Taxi (One) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Air Taxi (One) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Air Taxi (Two) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Air Taxi (Two) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Air Taxi (Four) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Air Taxi (Four) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Air Taxi (More than six) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Air Taxi (More than six) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: North America: Air Taxi Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: North America: Air Taxi Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: United States: Air Taxi Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: United States: Air Taxi Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Canada: Air Taxi Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Canada: Air Taxi Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Asia-Pacific: Air Taxi Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Asia-Pacific: Air Taxi Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: China: Air Taxi Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: China: Air Taxi Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Japan: Air Taxi Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Japan: Air Taxi Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: India: Air Taxi Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: India: Air Taxi Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: South Korea: Air Taxi Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: South Korea: Air Taxi Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Australia: Air Taxi Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Australia: Air Taxi Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Indonesia: Air Taxi Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Indonesia: Air Taxi Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Others: Air Taxi Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Others: Air Taxi Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Europe: Air Taxi Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Europe: Air Taxi Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Germany: Air Taxi Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Germany: Air Taxi Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: France: Air Taxi Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: France: Air Taxi Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: United Kingdom: Air Taxi Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: United Kingdom: Air Taxi Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Italy: Air Taxi Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Italy: Air Taxi Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Spain: Air Taxi Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Spain: Air Taxi Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Russia: Air Taxi Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Russia: Air Taxi Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Others: Air Taxi Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Others: Air Taxi Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Latin America: Air Taxi Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Latin America: Air Taxi Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Brazil: Air Taxi Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Brazil: Air Taxi Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Mexico: Air Taxi Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Mexico: Air Taxi Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Others: Air Taxi Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Others: Air Taxi Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Middle East and Africa: Air Taxi Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Middle East and Africa: Air Taxi Market: Breakup by Country (in %), 2022
Figure 78: Middle East and Africa: Air Taxi Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Global: Air Taxi Industry: SWOT Analysis
Figure 80: Global: Air Taxi Industry: Value Chain Analysis
Figure 81: Global: Air Taxi Industry: Porter's Five Forces Analysis


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