The global drone taxi market is anticipated to grow significantly at a CAGR of XX% over the forecast period (2021-2027). The key companies operating in the industry are highly inclined towards the adoption of different growth strategies including capacity expansion, partnerships, mergers and acquisitions, geographical expansion, new product launch, and product innovation to remain competitive in the marketplace. For an instance, in January 2020, Joby Aviation entered into a strategic partnership with Toyota and Uber. Joby Aviation plans to go public in a reverse merger with Reinvent Technology Partners, a USD 690 million publicly listed blank check company. Air taxis are likely to witness heightened demand for urban transportation in this region.
Browse the full report description Global Drone Taxi Market Size, Share & Trends Analysis Report, By Autonomy (Remotely Piloted, Fully Automated) By Propulsion Type (Fully Electric, Hybrid, Electric Hydrogen), By End-user (Ride-Sharing Companies, Scheduled Operators, and Hospital and Medical Agencies) By Range (Intracity and Intercity) Forecast Period, 2021-2027 at https://www.omrglobal.com/industry-reports/drone-taxi-market
In March 2021, Lilium signed a definitive agreement with Qell Acquisition Corp., a company that invests in high-growth businesses. The agreement will boost the market for the 7-seater Lilium jet and support Lilium position itself as a leader in regional electric air mobility. Further, the company has planned to launch regular drone taxi flights by 2025. In December 2020, Joby announced that Uber Technologies Inc. agreed to invest a further $75 million in Joby as part of a broader transaction involving the acquisition of Uber Elevate by Joby and an expanded partnership between the two parent companies. This investment is an addition to a previously made $50 million investment as part of Joby’s Series C financing round in January 2020. In addition to this, in March 2020, Volocopter partnered with a German company, Autoflug to develop passenger seats for its production air taxi.
Autoflug will develop its modular Flyweight seat family for Volocopter’s two-seat VoloCity multicopter, which is being developed for commercial air taxi services in inner cities. Apart from this, Urban Air Port plans to build 200 Urban Air Mobility (UAM) airport sites by 2026. In addition to this, Hyundai is planning to launch its taxi drone commercial by 2028. Thus, the aforementioned factors are contributing to the growth of the market during the forecast period.
Market Coverage
Key questions addressed by the report
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
Global Drone Taxi Market – Segmentation
By Autonomy
By Propulsion Type
By End-User
By Range
Global Drone Taxi Market – Segmentation by Region
North America
Europe
Asia-Pacific
Rest of the World
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