Recent Research on Drone Taxi Market 2025-2030: Future for Key player and Industry GrowthPosted by Amrut Mahajani on February 7th, 2023  Drone Taxi Market is forecasted to grow from an estimated USD 74 million in 2025 to USD 860 million by 2030, with a CAGR of 63.0%. This growth is mainly due to the need for efficient intracity transportation in urban cities. Drone taxis can be used to transport passengers and are equipped with technology that is safe, silent, and environmentally friendly. They are designed to fly remotely piloted or autonomously and can avoid obstacles while taking off, flying, and landing precisely. Get More Information Request Sample Copy (Get Higher Priority for Corporate email ID): https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=39967417 Before COVID-19, the drone taxi industry experienced significant growth, with over USD 1 billion invested in the first few months of 2020. However, since the pandemic, there have been some signs of slowing down due to disruptions in labor and supply chains. The COVID-19 pandemic has also impacted opportunities for relationship building, which is key to launching commercial passenger operations. Smart city initiatives and the need for intracity transportation provide growth opportunities for drone taxi companies. However, cybersecurity concerns can be a potential challenge for the industry since drone taxis are dependent on software. The key players in the drone taxi market include Uber Air, EHang, Volocopter, Joby Aviation, and Lilium. The Ride Sharing segment is projected to have the largest market share, due to congested cities and the need for faster transportation. The market ecosystem includes companies providing drone taxi systems, investors, service providers, and end customers. In conclusion, the drone taxi market is expected to experience significant growth in the coming years due to the need for efficient intracity transportation and the adoption of smart city initiatives. Despite the challenges posed by the COVID-19 pandemic, the market is expected to continue its growth trajectory, with companies working to overcome these challenges and launch commercial passenger operations in the near future. Our Other Publications: Active Protection System Market by End User (Defense, Homeland Security), Platform (Ground, Marine, Airborne), Kill System Type (Soft Kill System, Hard Kill System, Reactive Armor), and Region (North America, Europe, APAC, RoW) - Global Forecast to 2027 Software Defined Radio Market by Platform (Airborne, Maritime, Land, Space), Application (Government & Defense, Commercial), Component (Hardware, Software), Type, Frequency (Single Band, Multi-Band), and Region - Global Forecast to 2027 Aviation Fuel Market by Fuel Type (Conventional Fuel-Air Turbine Fuel, Avgas, Sustainable Fuel- Biofuel, Hydrogen Fuel, Power-To-Liquid, Gas-To-Liquid), Aircraft Type (Fixed Wing, Rotary Wing, Unmanned Aerial Vehicle) & Region- Global Forecast to 2030 Contact: Like it? Share it! More by this author |