The North American air taxi market is projected to grow at a considerable CAGR during the forecast period. The main drivers in the North American Air taxi market include the significant advancement in the urban air mobility infrastructure in the US and Canada, the presence of a high-income population, significant growth in the urbanization in the region. The US is at the forefront of adopting this newer means of transport. Many start-ups from the US are working together for developing and implementing these technologies locally that further provide a significant opportunity to the market. However, the requirement of a highly technological and robust infrastructure for air taxis is further projected to hinder the market growth.
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The North American market for air taxis is segregated on the basis of propulsion type and operation. As per the propulsion type, the market is further classified into electric, parallel hybrid, turboshaft, and turboelectric. The electric segment is projected to have considerable growth in the North American air taxi market. On the basis of operation, the market is further segregated into autonomous and piloted. The autonomous operation segment is estimated to hold a significant share owing to the rising demand for autonomous air vehicles across the globe. Based on geography, the North American air taxi market is further segregated into the US and Canada. Among, geography the US is projected to have a considerable share in the North American air taxi market owing to the presence of major market players and high disposable income in the region.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
North American Air Taxi Market – Segmentation
By Propulsion Type
- Electric
- Parallel Hybrid
- Turboshaft
- Turboelectric
By Operation
- Autonomous
- Piloted
North American Air Taxi Market – Segmentation by Region
- United States
- Canada
The Report Covers
- Comprehensive research methodology of the North American 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 North American air taxi market.
- Insights about market determinants that are stimulating the North American 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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