The European air taxi market is projected to grow at a considerable CAGR during the forecast period. The presence of major companies such as Airbus and the investment made by the companies in these technologies has surged the growth of the European air taxi market. The government initiative for urban air mobility is significantly contributing to the air taxi industry. In addition, the regulations for the UAM industry have been drafted in Europe, which implies the commercial entry phase of the market in the region. With this, it is expected that the market in Europe will grow at a considerable rate during the forecast period.
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The European 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 European 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 region. Based on geography, the European air taxi market is further segregated into the UK, Germany, France, Spain, Italy, and the Rest of Europe. Among, geography the UK is projected to have a considerable share in the European 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
European Air Taxi Market – Segmentation
By Propulsion Type
- Electric
- Parallel Hybrid
- Turboshaft
- Turboelectric
By Operation
- Autonomous
- Piloted
European Air Taxi Market – Segmentation by Region
- UK
- Germany
- France
- Spain
- Italy
- Rest of Europe
The Report Covers
- Comprehensive research methodology of the European 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 European air taxi market.
- Insights about market determinants that are stimulating the European 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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