The US air taxi market is projected to grow at a considerable CAGR during the forecast period. The US is home to most millionaires across the globe. As per the Credit Suisse report, around 40% of the global millionaires are in the US which is around 18.6 million in 2019, with an increment of 675,000 millionaires over the past year. The high population base provides a potential customer base for the air taxi and personal air taxi.
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High traffic congestion in the country is also a motivating factor for the market. As per a study conducted by INRIX, the cost of traffic congestion in the US was around $305 billion in 2018, $10 billion higher than in 2016. The introduction of an alternative mode of transportation can reduce traffic congestion and can save a significant amount of time for the people, which provides a significant opportunity for the market in the country.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
US Air Taxi Market by Propulsion Type
- Electric
- Parallel Hybrid
- Turboshaft
- Turboelectric
US Air Taxi Market by Operation
- Autonomous
- Piloted
Company Profiles
- Airbus SE
- Airspace Experience Technologies, Inc.
- The Boeing Co.
- Bell Textron, Inc.
- Honeywell International, Inc.
- Hoversurf
- Kitty Hawk Corp.
- Nurol Aviation Inc.
- Lockheed Martin Corp.
- Skyway Air Taxi, LLC
- Uber Technologies, Inc.
The Report Covers
- Comprehensive research methodology of the US air taxi market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the US air taxi market.
- Insights about market determinants that are stimulating the US air taxi market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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