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Electric Air Taxi Market 2024-2028

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    Report

  • 133 Pages
  • October 2024
  • Region: Global
  • TechNavio
  • ID: 5515020
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The electric air taxi market is forecasted to grow by USD 33.71 billion during 2023-2028, accelerating at a CAGR of 55.2% during the forecast period. The report on the electric air taxi market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing need for clean and quiet aircraft, growing investments in electric air taxi, and rising urbanization.

The electric air taxi market is segmented as below:

By Type

  • Two-seat aircraft
  • Four-seat aircraft

By Geographical Landscape

  • North America
  • Europe
  • APAC
  • South America
  • Middle East and Africa
This study identifies the challenges in developing electric air taxis as one of the prime reasons driving the electric air taxi market growth during the next few years. Also, stringent safety and certification standards for electric air taxi and procurement and manufacturing challenges for electric air taxi will lead to sizable demand in the market.

The report on the electric air taxi market covers the following areas:

  • Electric Air Taxi Market sizing
  • Electric Air Taxi Market forecast
  • Electric Air Taxi Market industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading electric air taxi market vendors that include Airbus SE, Airstream A.S, Archer Aviation Inc, EHang Holdings Ltd., Honeywell International Inc., Joby Aviation Inc., Karem Aircraft Inc., Kitty Hawk Corp., Lilium GmbH, Neva Aerospace Ltd., Nurol Holding Inc., Rolls Royce Holdings Plc, Skyway Air Taxi LLC, Talkeetna Air Taxi, The Boeing Co., Urban Aeronautics, and Volocopter GmbH. Also, the electric air taxi market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Electric Air Taxi Market 2018 - 2022
Historic Market Size - Data Table on Global Electric Air Taxi Market 2018 - 2022 ($ million)
4.2 Type segment analysis 2018 - 2022
Historic Market Size - Type Segment 2018 - 2022 ($ million)
4.3 Geography segment analysis 2018 - 2022
Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.4 Country segment analysis 2018 - 2022
Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Type
6.1 Market segments
Chart on Type - Market share 2023-2028 (%)
Data Table on Type - Market share 2023-2028 (%)
6.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
6.3 Two-seat aircraft - Market size and forecast 2023-2028
Chart on Two-seat aircraft - Market size and forecast 2023-2028 ($ million)
Data Table on Two-seat aircraft - Market size and forecast 2023-2028 ($ million)
Chart on Two-seat aircraft - Year-over-year growth 2023-2028 (%)
Data Table on Two-seat aircraft - Year-over-year growth 2023-2028 (%)
6.4 Four-seat aircraft - Market size and forecast 2023-2028
Chart on Four-seat aircraft - Market size and forecast 2023-2028 ($ million)
Data Table on Four-seat aircraft - Market size and forecast 2023-2028 ($ million)
Chart on Four-seat aircraft - Year-over-year growth 2023-2028 (%)
Data Table on Four-seat aircraft - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Type
Market opportunity by Type ($ million)
Data Table on Market opportunity by Type ($ million)
7 Customer Landscape
7.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape
8.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2023-2028 (%)
Data Table on Market share By Geographical Landscape 2023-2028 (%)
8.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
8.3 North America - Market size and forecast 2023-2028
Chart on North America - Market size and forecast 2023-2028 ($ million)
Data Table on North America - Market size and forecast 2023-2028 ($ million)
Chart on North America - Year-over-year growth 2023-2028 (%)
Data Table on North America - Year-over-year growth 2023-2028 (%)
8.4 Europe - Market size and forecast 2023-2028
Chart on Europe - Market size and forecast 2023-2028 ($ million)
Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Chart on Europe - Year-over-year growth 2023-2028 (%)
Data Table on Europe - Year-over-year growth 2023-2028 (%)
8.5 APAC - Market size and forecast 2023-2028
Chart on APAC - Market size and forecast 2023-2028 ($ million)
Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Chart on APAC - Year-over-year growth 2023-2028 (%)
Data Table on APAC - Year-over-year growth 2023-2028 (%)
8.6 South America - Market size and forecast 2023-2028
Chart on South America - Market size and forecast 2023-2028 ($ million)
Data Table on South America - Market size and forecast 2023-2028 ($ million)
Chart on South America - Year-over-year growth 2023-2028 (%)
Data Table on South America - Year-over-year growth 2023-2028 (%)
8.7 Middle East and Africa - Market size and forecast 2023-2028
Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
8.8 US - Market size and forecast 2023-2028
Chart on US - Market size and forecast 2023-2028 ($ million)
Data Table on US - Market size and forecast 2023-2028 ($ million)
Chart on US - Year-over-year growth 2023-2028 (%)
Data Table on US - Year-over-year growth 2023-2028 (%)
8.9 Germany - Market size and forecast 2023-2028
Chart on Germany - Market size and forecast 2023-2028 ($ million)
Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Chart on Germany - Year-over-year growth 2023-2028 (%)
Data Table on Germany - Year-over-year growth 2023-2028 (%)
8.10 China - Market size and forecast 2023-2028
Chart on China - Market size and forecast 2023-2028 ($ million)
Data Table on China - Market size and forecast 2023-2028 ($ million)
Chart on China - Year-over-year growth 2023-2028 (%)
Data Table on China - Year-over-year growth 2023-2028 (%)
8.11 UK - Market size and forecast 2023-2028
Chart on UK - Market size and forecast 2023-2028 ($ million)
Data Table on UK - Market size and forecast 2023-2028 ($ million)
Chart on UK - Year-over-year growth 2023-2028 (%)
Data Table on UK - Year-over-year growth 2023-2028 (%)
8.12 Canada - Market size and forecast 2023-2028
Chart on Canada - Market size and forecast 2023-2028 ($ million)
Data Table on Canada - Market size and forecast 2023-2028 ($ million)
Chart on Canada - Year-over-year growth 2023-2028 (%)
Data Table on Canada - Year-over-year growth 2023-2028 (%)
8.13 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Tables on Market opportunity By Geographical Landscape ($ million)
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
Overview on factors of disruption
10.4 Industry risks
Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
Companies covered
11.2 Market positioning of companies
Matrix on companies position and classification
11.3 Airbus SE
Airbus SE - Overview
Airbus SE - Business segments
Airbus SE - Key news
Airbus SE - Key offerings
Airbus SE - Segment focus
11.4 Joby Aviation Inc.
Joby Aviation Inc. - Overview
Joby Aviation Inc. - Product / Service
Joby Aviation Inc. - Key news
Joby Aviation Inc. - Key offerings
11.5 Kitty Hawk Corp.
Kitty Hawk Corp. - Overview
Kitty Hawk Corp. - Product / Service
Kitty Hawk Corp. - Key offerings
11.6 Lilium GmbH
Lilium GmbH - Overview
Lilium GmbH - Product / Service
Lilium GmbH - Key news
Lilium GmbH - Key offerings
11.7 Neva Aerospace Ltd.
Neva Aerospace Ltd. - Overview
Neva Aerospace Ltd. - Product / Service
Neva Aerospace Ltd. - Key offerings
11.8 Nurol Holding Inc.
Nurol Holding Inc. - Overview
Nurol Holding Inc. - Business segments
Nurol Holding Inc. - Key offerings
Nurol Holding Inc. - Segment focus
11.9 Rolls Royce Holdings Plc
Rolls Royce Holdings Plc - Overview
Rolls Royce Holdings Plc - Business segments
Rolls Royce Holdings Plc - Key offerings
Rolls Royce Holdings Plc - Segment focus
11.10 Skyway Air Taxi LLC
Skyway Air Taxi LLC - Overview
Skyway Air Taxi LLC - Product / Service
Skyway Air Taxi LLC - Key offerings
11.11 The Boeing Co.
The Boeing Co. - Overview
The Boeing Co. - Business segments
The Boeing Co. - Key news
The Boeing Co. - Key offerings
The Boeing Co. - Segment focus
11.12 Volocopter GmbH
Volocopter GmbH - Overview
Volocopter GmbH - Product / Service
Volocopter GmbH - Key offerings
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
12.3 Currency conversion rates for US$
Currency conversion rates for US$
12.4 Research methodology
Research methodology
12.5 Data procurement
Information sources
12.6 Data validation
Data validation
12.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
12.8 Data synthesis
Data synthesis
12.9 360 degree market analysis
360 degree market analysis
12.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Type
Exhibits 6: Executive Summary - Chart on Incremental Growth
Exhibits 7: Executive Summary - Data Table on Incremental Growth
Exhibits 8: Executive Summary - Chart on Company Market Positioning
Exhibits 9: Parent Market
Exhibits 10: Data Table on - Parent Market
Exhibits 11: Market characteristics analysis
Exhibits 12: Value Chain Analysis
Exhibits 13: Offerings of companies included in the market definition
Exhibits 14: Market segments
Exhibits 15: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibits 16: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibits 17: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 18: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 19: Historic Market Size - Data Table on Global Electric Air Taxi Market 2018 - 2022 ($ million)
Exhibits 20: Historic Market Size - Type Segment 2018 - 2022 ($ million)
Exhibits 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
Exhibits 22: Historic Market Size - Country Segment 2018 - 2022 ($ million)
Exhibits 23: Five forces analysis - Comparison between 2023 and 2028
Exhibits 24: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 26: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 27: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 28: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 29: Chart on Market condition - Five forces 2023 and 2028
Exhibits 30: Chart on Type - Market share 2023-2028 (%)
Exhibits 31: Data Table on Type - Market share 2023-2028 (%)
Exhibits 32: Chart on Comparison by Type
Exhibits 33: Data Table on Comparison by Type
Exhibits 34: Chart on Two-seat aircraft - Market size and forecast 2023-2028 ($ million)
Exhibits 35: Data Table on Two-seat aircraft - Market size and forecast 2023-2028 ($ million)
Exhibits 36: Chart on Two-seat aircraft - Year-over-year growth 2023-2028 (%)
Exhibits 37: Data Table on Two-seat aircraft - Year-over-year growth 2023-2028 (%)
Exhibits 38: Chart on Four-seat aircraft - Market size and forecast 2023-2028 ($ million)
Exhibits 39: Data Table on Four-seat aircraft - Market size and forecast 2023-2028 ($ million)
Exhibits 40: Chart on Four-seat aircraft - Year-over-year growth 2023-2028 (%)
Exhibits 41: Data Table on Four-seat aircraft - Year-over-year growth 2023-2028 (%)
Exhibits 42: Market opportunity by Type ($ million)
Exhibits 43: Data Table on Market opportunity by Type ($ million)
Exhibits 44: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 45: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 46: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 47: Chart on Geographic comparison
Exhibits 48: Data Table on Geographic comparison
Exhibits 49: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibits 50: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibits 51: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits 52: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits 53: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 54: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 55: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 56: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 57: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits 58: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits 59: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 60: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 61: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibits 62: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibits 63: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits 64: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits 65: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits 66: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits 67: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 68: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 69: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibits 70: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibits 71: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits 72: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits 73: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits 74: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits 75: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 76: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 77: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibits 78: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibits 79: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits 80: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits 81: Chart on UK - Market size and forecast 2023-2028 ($ million)
Exhibits 82: Data Table on UK - Market size and forecast 2023-2028 ($ million)
Exhibits 83: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibits 84: Data Table on UK - Year-over-year growth 2023-2028 (%)
Exhibits 85: Chart on Canada - Market size and forecast 2023-2028 ($ million)
Exhibits 86: Data Table on Canada - Market size and forecast 2023-2028 ($ million)
Exhibits 87: Chart on Canada - Year-over-year growth 2023-2028 (%)
Exhibits 88: Data Table on Canada - Year-over-year growth 2023-2028 (%)
Exhibits 89: Market opportunity By Geographical Landscape ($ million)
Exhibits 90: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits 91: Impact of drivers and challenges in 2023 and 2028
Exhibits 92: Overview on criticality of inputs and factors of differentiation
Exhibits 93: Overview on factors of disruption
Exhibits 94: Impact of key risks on business
Exhibits 95: Companies covered
Exhibits 96: Matrix on companies position and classification
Exhibits 97: Airbus SE - Overview
Exhibits 98: Airbus SE - Business segments
Exhibits 99: Airbus SE - Key news
Exhibits 100: Airbus SE - Key offerings
Exhibits 101: Airbus SE - Segment focus
Exhibits 102: Joby Aviation Inc. - Overview
Exhibits 103: Joby Aviation Inc. - Product / Service
Exhibits 104: Joby Aviation Inc. - Key news
Exhibits 105: Joby Aviation Inc. - Key offerings
Exhibits 106: Kitty Hawk Corp. - Overview
Exhibits 107: Kitty Hawk Corp. - Product / Service
Exhibits 108: Kitty Hawk Corp. - Key offerings
Exhibits 109: Lilium GmbH - Overview
Exhibits 110: Lilium GmbH - Product / Service
Exhibits 111: Lilium GmbH - Key news
Exhibits 112: Lilium GmbH - Key offerings
Exhibits 113: Neva Aerospace Ltd. - Overview
Exhibits 114: Neva Aerospace Ltd. - Product / Service
Exhibits 115: Neva Aerospace Ltd. - Key offerings
Exhibits 116: Nurol Holding Inc. - Overview
Exhibits 117: Nurol Holding Inc. - Business segments
Exhibits 118: Nurol Holding Inc. - Key offerings
Exhibits 119: Nurol Holding Inc. - Segment focus
Exhibits 120: Rolls Royce Holdings Plc - Overview
Exhibits 121: Rolls Royce Holdings Plc - Business segments
Exhibits 122: Rolls Royce Holdings Plc - Key offerings
Exhibits 123: Rolls Royce Holdings Plc - Segment focus
Exhibits 124: Skyway Air Taxi LLC - Overview
Exhibits 125: Skyway Air Taxi LLC - Product / Service
Exhibits 126: Skyway Air Taxi LLC - Key offerings
Exhibits 127: The Boeing Co. - Overview
Exhibits 128: The Boeing Co. - Business segments
Exhibits 129: The Boeing Co. - Key news
Exhibits 130: The Boeing Co. - Key offerings
Exhibits 131: The Boeing Co. - Segment focus
Exhibits 132: Volocopter GmbH - Overview
Exhibits 133: Volocopter GmbH - Product / Service
Exhibits 134: Volocopter GmbH - Key offerings
Exhibits 135: Inclusions checklist
Exhibits 136: Exclusions checklist
Exhibits 137: Currency conversion rates for US$
Exhibits 138: Research methodology
Exhibits 139: Information sources
Exhibits 140: Data validation
Exhibits 141: Validation techniques employed for market sizing
Exhibits 142: Data synthesis
Exhibits 143: 360 degree market analysis
Exhibits 144: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the global electric air taxi market: Airbus SE, Airstream A.S, Archer Aviation Inc, EHang Holdings Ltd., Honeywell International Inc., Joby Aviation Inc., Karem Aircraft Inc., Kitty Hawk Corp., Lilium GmbH, Neva Aerospace Ltd., Nurol Holding Inc., Rolls Royce Holdings Plc, Skyway Air Taxi LLC, Talkeetna Air Taxi, The Boeing Co., Urban Aeronautics, and Volocopter GmbH.

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is challenges in developing electric air taxis."

According to the report, one of the major drivers for this market is the increasing need for clean and quiet aircraft.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Airbus SE
  • Airstream A.S
  • Archer Aviation Inc
  • EHang Holdings Ltd.
  • Honeywell International Inc.
  • Joby Aviation Inc.
  • Karem Aircraft Inc.
  • Kitty Hawk Corp.
  • Lilium GmbH
  • Neva Aerospace Ltd.
  • Nurol Holding Inc.
  • Rolls Royce Holdings Plc
  • Skyway Air Taxi LLC
  • Talkeetna Air Taxi
  • The Boeing Co.
  • Urban Aeronautics
  • Volocopter GmbH