Drone Taxi Market Predicted to Grow to More than $800 Million in the next 8 years. Where Will They Fly?
A new report “Drone Taxi Market by Range (Intercity, Intracity), Propulsion (Fully Electric, Hybrid, Electric Hydrogen), Autonomy (Fully Autonomous, Remotely Piloted), Passenger Capacity (Up to 2, 3 to 5, More than 5), System, End Use & Region – Global Forecast to 2030“, predicts that the market will grow from an estimated USD 74 million in 2025 to reach USD 860 million by 2030, at a CAGR of 63.0% during the forecast period. “The growth of the Drone Taxi market is majorly attributed to the rapid increase in urban demographics and increasing demand of eVTOLs for intracity transportation in various countries,” says the report summary.
The report identifies the key players: Boeing and Joby Aviation in the U.S., Airbus in the Netherlands, Lilium and Volocopter in Germany, and Ehang in China. The key players are all companies with “strong distribution networks across North America, Europe, Asia Pacific, Middle East and Latin America,” points out the forecast. (Note: Joby Aviation reached out to clarify that their aircraft are not “drone taxis” but manned by type-rated pilots. In fact, many of the aircraft listed above are designed to hold pilots, at least in initial implementation phases.)