Drone Taxi Market Expected to Reach US ~$852.35 Million and CAGR 62.8% by 2030

The global drone taxi market size is expected to reach USD 852.35 Billion by 2030 according to a new study by Polaris Market Research.

Numerous factors are accounted for the industry growth including the growing smart city initiatives globally, increasing demand for alternative modes of transportation in urban areas, and improved regulatory framework among others. The confluence of technologies, development of better autonomous vehicles such as self-driving cars and drones, advanced manufacturing techniques, and more efficient batteries are further anticipated to drive the growth of the market during the forecast period.

Request Sample Copy of Research Report @ https://www.polarismarketresearch.com/industry-analysis/drone-taxi-market/request-for-sample     

(The sample of this report is readily available on request. The report sample contains a brief introduction to the research report, a Table of Contents, a Graphical introduction of regional analysis, Top players in the market with their revenue analysis, and our research methodology.)

Based on end-use, the ride-sharing segment is leading the industry with the highest shares. The factors such as the congested cities and the rising need for faster transportation that has defined routes of travel to enable efficient travel. Furthermore, the presence of a large number of air taxi operators along with the progressive adoption of ride-sharing taxis is expected to drive the growth of the segment.

The hospitals & medical agencies segment is likely to grow at the highest pace during the forecast period. The growing demand for efficient laboratory logistics and special medical emergency service permits for critical patients is anticipated to drive the growth of the segment. The growth in the number of recent developments made by the key market players is further anticipated to drive the growth of the industry.

For instance, in March 2020, eVTOL developer Volocopter signed a partnership agreement with Autoflug for the development of air taxis. In the contract, Autoflug is expected to develop a modular Flyweight seat for Volocopter’s VoloCitymulticopter, which is a commercial air taxi service. In December 2020, Joby Aviation, developed vertical takeoff passenger aircraft, with an investment of USD 75 million by Uber Technologies. This investment is an addition to the USD 50 million, in January 2020.

The rise in disposable income of the population along with the reducing cost of vehicles for personal use is leading to a lucrative increase in the number of vehicles, thus raising various environmental concerns. This growing focus on the environment and human health is further driving the demand for drone taxis globally. As, drone taxis have high performance, reduce emissions, and are fuel-efficient.

Market participants such as Lift Aircraft, Airspace Experience Technology, Aloft, Boeing, Ehang, Joby Aviation, Karem Aircraft, Lilium, Micro Technology Llc, Moog, Opener, Pipistrel, Scienex, Skydrive Inc, Tecnalia, Textron Inc, Volocopter, Xeriant, Zhejiang Geely. are some of the key players operating in the global market.  The growing number of developments by the key global market players is anticipated to drive the growth of the market during the forecast period. For instance, in March 2021, Lilium announced a merger with Quell Acquisition, a company that invests in growing businesses. This merger is anticipated to boost the market for the company’s 7-seater jet and further help Lilium position itself as a leader in regional electric air mobility.

Inquire more about this report before purchasing @ https://www.polarismarketresearch.com/industry-analysis/drone-taxi-market/inquire-before-buying     

(You may enquire about a reported quote OR available discount offers to our sales team before purchase.)

Polaris Market Research has segmented the drone taxi market report on the basis of solution, service, deployment, end-user, and region:

Drone Taxi, System Outlook (Revenue – USD Million, 2018 – 2030)

  • Structure
  • Avionics
  • Interior
  • Propulsion
  • Others

Drone Taxi, Range Outlook (Revenue – USD Million, 2018 – 2030)

  • Intracity
  • Intercity

Drone Taxi, Autonomy Outlook (Revenue – USD Million, 2018 – 2030)

  • Remotely Piloted
  • Fully Autonomous

Drone Taxi, End-Use Outlook (Revenue – USD Million, 2018 – 2030)

  • Ride-Sharing Companies
  • Scheduled Operators
  • Hospitals & Medical Agencies
  • Private Operators

Browse detailed reports with in-depth TOC

About Us:
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semiconductors, chemicals, automotive, and aerospace & defense, among different ventures, present globally.

Contact Us:

Polaris Market Research

Phone: +1-929-297-9727

Email: sales@polarismarketresearch.com