Air Taxi Market

Air Taxi Market

Allied Market Research published a report, titled, “Air Taxi Market by Propulsion Type (Parallel Hybrid, Electric, Turboshaft, and Turboelectric), Aircraft Type (Multicopter, Quadcopter, and Others), and Passenger Capacity (One, Two, Four, and More than six): Global Opportunity Analysis and Industry Forecast, 2021–2030.” According to the report, the global air taxi market is estimated to reach $817.50 million by 2021, and is expected to grow $6.63 billion by 2030, growing at a CAGR of 26.2% from 2021 to 2030.Browse Full Report with TOC @

Prime determinants of growth

Requirements for alternative modes of transportation and surge in road traffic congestion drive the growth of the global air taxi market. However, high differential fare and stringent regulations related to aviation license hinder the market growth. On the other hand, supportive government initiatives create new…