Passenger Drones Market Size, Share, and Analysis, By Component (Airframe, Controller System, Navigation System, Propulsion System, Others), By Capacity (Less than 100kg, More than 100kg), By Application (Commercial, Personal) and Regional Forecasts, 2022-2032
Passenger Drones Market Size, Share, and Analysis, By Component (Airframe, Controller System, Navigation System, Propulsion System, Others), By Capacity (Less than 100kg, More than 100kg), By Application (Commercial, Personal) and Regional Forecasts, 2022-2032
PRODUCT OVERVIEW
Passenger Drones Market size was USD 0.3 billion in 2021 and projected t%li%grow from USD 0.5 billion in 2023 t%li%USD 6.0 billion by 2032, exhibiting a CAGR of 31.4% during the forecast period.
Passenger Drones are the drones designed for the transport of public. Passenger drones have proved t%li%be a safe and new kind of transportation and als%li%a time-saving solution for the increased air traffic. Moreover, it lessens pollution and unsafe emissions. A number of passenger drones have already received FAA permission and are presently flying in China, Germany, and Dubai and a few more models will d%li%s%li%soon.
MARKET HIGHLIGHTS
Passenger Drones Market is expected t%li%reach USD 6.0 billion, growing at a CAGR of 31.4% during the forecast period owing t%li%the growing concerns regarding security and need for incorporated solutions of security monitoring. Passenger drones, which integrate safety features like security features like incursion alarms and fire alarm systems, place a premium on security and access restrictions. These factors are expected t%li%boost the growth of Passenger Drones Market over the forecast period.
Passenger Drones Market Segments:
Growth Drivers
Growing Demand for Sustainable and Efficient Transport Alternatives is Expected t%li%Boost the Market Growth
Accepting the Concept of Passenger Drones by Governments Worldwide is Expected t%li%Boost the Market Growth
Restraint
Regulatory Challenges Associated with Safety and Privacy Concerns t%li%Restrain the Market Growth
Key Players
PRODUCT OVERVIEW
Passenger Drones Market size was USD 0.3 billion in 2021 and projected t%li%grow from USD 0.5 billion in 2023 t%li%USD 6.0 billion by 2032, exhibiting a CAGR of 31.4% during the forecast period.
Passenger Drones are the drones designed for the transport of public. Passenger drones have proved t%li%be a safe and new kind of transportation and als%li%a time-saving solution for the increased air traffic. Moreover, it lessens pollution and unsafe emissions. A number of passenger drones have already received FAA permission and are presently flying in China, Germany, and Dubai and a few more models will d%li%s%li%soon.
MARKET HIGHLIGHTS
Passenger Drones Market is expected t%li%reach USD 6.0 billion, growing at a CAGR of 31.4% during the forecast period owing t%li%the growing concerns regarding security and need for incorporated solutions of security monitoring. Passenger drones, which integrate safety features like security features like incursion alarms and fire alarm systems, place a premium on security and access restrictions. These factors are expected t%li%boost the growth of Passenger Drones Market over the forecast period.
Passenger Drones Market Segments:
- Component
- Airframe
- Controller System
- Navigation System
- Propulsion System
- Others
- Capacity
- Less than 100kg
- More than 100kg
- Application
- Commercial
- Personal
Growth Drivers
Growing Demand for Sustainable and Efficient Transport Alternatives is Expected t%li%Boost the Market Growth
Accepting the Concept of Passenger Drones by Governments Worldwide is Expected t%li%Boost the Market Growth
Restraint
Regulatory Challenges Associated with Safety and Privacy Concerns t%li%Restrain the Market Growth
Key Players
- Volkswagen
- Boeing
- Airbus
- Uber Technologies
- Bell Flight
- Joby Aviation
- Lilium Jet
- Volocopter
- EHANG
- Terrafugia
- Urban Aeronautics
- Astr%li%Aerospace
- Lift Aircraft
- Varon Vehicles Corporation
- Tetra Drones Ltd.
- Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
- North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
- Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
- Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
- Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
- Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected t%li%witness the fastest growth as well as t%li%dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect t%li%recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight int%li%the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years t%li%come
- 3-month post-sales analyst support.
1. EXECUTIVE SUMMARY
1.1.Regional Market Share
1.2. Business Trends
1.3. Passenger Drones Market: COVID-19 Outbreak
1.4.Regional Trends
1.5. Segmentation Snapshot
2. RESEARCH METHODOLOGY
2.1. Research Objective
2.2.Research Approach
2.3.Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1.Paid Sources
2.5.2. Public Sources
2.6.Market Size Estimation and Data Triangulation
3. MARKET CHARACTERISTICS
3.1. Market Definition
3.2.Passenger Drones Market: COVID-19 Impact
3.3.Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4. PASSENGER DRONES MARKET – INDUSTRY INSIGHTS
4.1.Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability
5. MACROECONOMIC INDICATORS
6. RECENT DEVELOPMENTS
7.MARKET DYNAMICS
7.1. Introduction
7.2.Growth Drivers
7.3.Market Opportunities
7.4. Market Restraints
7.5.Market Trends
8. MARKET ANALYSIS
8.1. Porters Five Forces
8.2. PEST Analysis
8.2.1. Political
8.2.2.Economic
8.2.3.Social
8.2.4.Technological
9. PASSENGER DRONES MARKET
9.1. Overview
9.2.Historical Analysis (2016-2021)
9.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
10. PASSENGER DRONES MARKET SIZE & FORECAST 2022A-2032F
10.1.Overview
10.2. Key Findings
10.3. Market Segmentation
10.3.1. By Component
10.3.1.1.Airframe
10.3.1.1.1.By Value (USD Million) 2022-2032F
10.3.1.1.2. Market Share (%) 2022-2032F
10.3.1.1.3. Y-o-Y Growth (%) 2022-2032F
10.3.1.2. Controller System
10.3.1.2.1. By Value (USD Million) 2022-2032F
10.3.1.2.2.Market Share (%) 2022-2032F
10.3.1.2.3.Y-o-Y Growth (%) 2022-2032F
10.3.1.3. Navigation System
10.3.1.3.1. By Value (USD Million) 2022-2032F
10.3.1.3.2.Market Share (%) 2022-2032F
10.3.1.3.3.Y-o-Y Growth (%) 2022-2032F
10.3.1.4. Propulsion System
10.3.1.4.1.By Value (USD Million) 2022-2032F
10.3.1.4.2. Market Share (%) 2022-2032F
10.3.1.4.3. Y-o-Y Growth (%) 2022-2032F
10.3.1.5. Others
10.3.1.5.1. By Value (USD Million) 2022-2032F
10.3.1.5.2.Market Share (%) 2022-2032F
10.3.1.5.3. Y-o-Y Growth (%) 2022-2032F
10.3.2.By Capacity
10.3.2.1. Less than 100kg
10.3.2.1.1. By Value (USD Million) 2022-2032F
10.3.2.1.2.Market Share (%) 2022-2032F
10.3.2.1.3.Y-o-Y Growth (%) 2022-2032F
10.3.2.2.More than 100kg
10.3.2.2.1.By Value (USD Million) 2022-2032F
10.3.2.2.2. Market Share (%) 2022-2032F
10.3.2.2.3. Y-o-Y Growth (%) 2022-2032F
10.3.3.By Application
10.3.3.1. Commercial
10.3.3.1.1. By Value (USD Million) 2022-2032F
10.3.3.1.2.Market Share (%) 2022-2032F
10.3.3.1.3.Y-o-Y Growth (%) 2022-2032F
10.3.3.2.Personal
10.3.3.2.1.By Value (USD Million) 2022-2032F
10.3.3.2.2. Market Share (%) 2022-2032F
10.3.3.2.3.Y-o-Y Growth (%) 2022-2032F
11.NORTH AMERICA PASSENGER DRONES MARKET SIZE & FORECAST 2022A-2032F
11.1.Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1.By Component
11.3.2. By Capacity
11.3.3. By Application
11.4.Country
11.4.1. United States
11.4.2.Canada
12. EUROPE PASSENGER DRONES MARKET SIZE & FORECAST 2022A-2032F
12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Component
12.3.2.By Capacity
12.3.3.By Application
12.4. Country
12.4.1.Germany
12.4.2. United Kingdom
12.4.3. France
12.4.4. Italy
12.4.5. Spain
12.4.6. Russia
12.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
13. ASIA PASSENGER DRONES MARKET SIZE & FORECAST 2022A-2032F
13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1. By Component
13.3.2.By Capacity
13.3.3.By Application
13.4. Country
13.4.1.India
13.4.2. China
13.4.3. South Korea
13.4.4. Japan
13.4.5. Rest of APAC
14. MIDDLE EAST AND AFRICA PASSENGER DRONES MARKET SIZE & FORECAST 2022A-2032F
14.1.Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Component
14.3.2.By Capacity
14.3.3.By Application
14.4. Country
14.4.1.Israel
14.4.2. GCC
14.4.3. North Africa
14.4.4. South Africa
14.4.5. Rest of Middle East and Africa
15. LATIN AMERICA PASSENGER DRONES MARKET SIZE & FORECAST 2022A-2032F
15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1. By Component
15.3.2.By Capacity
15.3.3.By Application
15.4. Country
15.4.1.Mexico
15.4.2. Brazil
15.4.3. Rest of Latin America
16. COMPETITIVE LANDSCAPE
16.1. Company market share, 2021
16.2. Key player overview
16.3. Key stakeholders
17. COMPANY PROFILES
17.1.Volkswagen
17.1.1.Company Overview
17.1.2. Financial Overview
17.1.3. Key Product; Analysis
17.1.4.Company Assessment
17.1.4.1.Product Portfolio
17.1.4.2. Key Clients
17.1.4.3. Market Share
17.1.4.4. Recent News & Development (Last 3 Yrs.)
17.1.4.5. Executive Team
17.2. Boeing
17.3. Airbus
17.4. Uber Technologies
17.5. Bell Flight
17.6. Joby Aviation
17.7. Lilium Jet
17.8. Volocopter
17.9. EHANG
17.10. Terrafugia
17.11.Urban Aeronautics
17.12. Astro Aerospace
17.13. Lift Aircraft
17.14. Varon Vehicles Corporation
17.15. Tetra Drones Ltd.
17.16. Other Prominent Players
18. APPENDIX
19. CONSULTANT RECOMMENDATION
1.1.Regional Market Share
1.2. Business Trends
1.3. Passenger Drones Market: COVID-19 Outbreak
1.4.Regional Trends
1.5. Segmentation Snapshot
2. RESEARCH METHODOLOGY
2.1. Research Objective
2.2.Research Approach
2.3.Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1.Paid Sources
2.5.2. Public Sources
2.6.Market Size Estimation and Data Triangulation
3. MARKET CHARACTERISTICS
3.1. Market Definition
3.2.Passenger Drones Market: COVID-19 Impact
3.3.Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4. PASSENGER DRONES MARKET – INDUSTRY INSIGHTS
4.1.Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability
5. MACROECONOMIC INDICATORS
6. RECENT DEVELOPMENTS
7.MARKET DYNAMICS
7.1. Introduction
7.2.Growth Drivers
7.3.Market Opportunities
7.4. Market Restraints
7.5.Market Trends
8. MARKET ANALYSIS
8.1. Porters Five Forces
8.2. PEST Analysis
8.2.1. Political
8.2.2.Economic
8.2.3.Social
8.2.4.Technological
9. PASSENGER DRONES MARKET
9.1. Overview
9.2.Historical Analysis (2016-2021)
9.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
10. PASSENGER DRONES MARKET SIZE & FORECAST 2022A-2032F
10.1.Overview
10.2. Key Findings
10.3. Market Segmentation
10.3.1. By Component
10.3.1.1.Airframe
10.3.1.1.1.By Value (USD Million) 2022-2032F
10.3.1.1.2. Market Share (%) 2022-2032F
10.3.1.1.3. Y-o-Y Growth (%) 2022-2032F
10.3.1.2. Controller System
10.3.1.2.1. By Value (USD Million) 2022-2032F
10.3.1.2.2.Market Share (%) 2022-2032F
10.3.1.2.3.Y-o-Y Growth (%) 2022-2032F
10.3.1.3. Navigation System
10.3.1.3.1. By Value (USD Million) 2022-2032F
10.3.1.3.2.Market Share (%) 2022-2032F
10.3.1.3.3.Y-o-Y Growth (%) 2022-2032F
10.3.1.4. Propulsion System
10.3.1.4.1.By Value (USD Million) 2022-2032F
10.3.1.4.2. Market Share (%) 2022-2032F
10.3.1.4.3. Y-o-Y Growth (%) 2022-2032F
10.3.1.5. Others
10.3.1.5.1. By Value (USD Million) 2022-2032F
10.3.1.5.2.Market Share (%) 2022-2032F
10.3.1.5.3. Y-o-Y Growth (%) 2022-2032F
10.3.2.By Capacity
10.3.2.1. Less than 100kg
10.3.2.1.1. By Value (USD Million) 2022-2032F
10.3.2.1.2.Market Share (%) 2022-2032F
10.3.2.1.3.Y-o-Y Growth (%) 2022-2032F
10.3.2.2.More than 100kg
10.3.2.2.1.By Value (USD Million) 2022-2032F
10.3.2.2.2. Market Share (%) 2022-2032F
10.3.2.2.3. Y-o-Y Growth (%) 2022-2032F
10.3.3.By Application
10.3.3.1. Commercial
10.3.3.1.1. By Value (USD Million) 2022-2032F
10.3.3.1.2.Market Share (%) 2022-2032F
10.3.3.1.3.Y-o-Y Growth (%) 2022-2032F
10.3.3.2.Personal
10.3.3.2.1.By Value (USD Million) 2022-2032F
10.3.3.2.2. Market Share (%) 2022-2032F
10.3.3.2.3.Y-o-Y Growth (%) 2022-2032F
11.NORTH AMERICA PASSENGER DRONES MARKET SIZE & FORECAST 2022A-2032F
11.1.Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1.By Component
11.3.2. By Capacity
11.3.3. By Application
11.4.Country
11.4.1. United States
11.4.2.Canada
12. EUROPE PASSENGER DRONES MARKET SIZE & FORECAST 2022A-2032F
12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Component
12.3.2.By Capacity
12.3.3.By Application
12.4. Country
12.4.1.Germany
12.4.2. United Kingdom
12.4.3. France
12.4.4. Italy
12.4.5. Spain
12.4.6. Russia
12.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
13. ASIA PASSENGER DRONES MARKET SIZE & FORECAST 2022A-2032F
13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1. By Component
13.3.2.By Capacity
13.3.3.By Application
13.4. Country
13.4.1.India
13.4.2. China
13.4.3. South Korea
13.4.4. Japan
13.4.5. Rest of APAC
14. MIDDLE EAST AND AFRICA PASSENGER DRONES MARKET SIZE & FORECAST 2022A-2032F
14.1.Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Component
14.3.2.By Capacity
14.3.3.By Application
14.4. Country
14.4.1.Israel
14.4.2. GCC
14.4.3. North Africa
14.4.4. South Africa
14.4.5. Rest of Middle East and Africa
15. LATIN AMERICA PASSENGER DRONES MARKET SIZE & FORECAST 2022A-2032F
15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1. By Component
15.3.2.By Capacity
15.3.3.By Application
15.4. Country
15.4.1.Mexico
15.4.2. Brazil
15.4.3. Rest of Latin America
16. COMPETITIVE LANDSCAPE
16.1. Company market share, 2021
16.2. Key player overview
16.3. Key stakeholders
17. COMPANY PROFILES
17.1.Volkswagen
17.1.1.Company Overview
17.1.2. Financial Overview
17.1.3. Key Product; Analysis
17.1.4.Company Assessment
17.1.4.1.Product Portfolio
17.1.4.2. Key Clients
17.1.4.3. Market Share
17.1.4.4. Recent News & Development (Last 3 Yrs.)
17.1.4.5. Executive Team
17.2. Boeing
17.3. Airbus
17.4. Uber Technologies
17.5. Bell Flight
17.6. Joby Aviation
17.7. Lilium Jet
17.8. Volocopter
17.9. EHANG
17.10. Terrafugia
17.11.Urban Aeronautics
17.12. Astro Aerospace
17.13. Lift Aircraft
17.14. Varon Vehicles Corporation
17.15. Tetra Drones Ltd.
17.16. Other Prominent Players
18. APPENDIX
19. CONSULTANT RECOMMENDATION
