#Drone Taxi market analysis | Explore Tumblr Posts and Blogs

themarketinsights · 1 year

Text

Drone Taxi Market to see Booming Business Sentiments | Volocopter, Lilium, Opener Aero, Joby Aviation

Advance Market Analytics published a new research publication on “Global Drone Taxi Market Insights, to 2027” with 232 pages and enriched with self-explained Tables and charts in presentable format. In the study, you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market-associated stakeholders. The growth of the Drone Taxi market was mainly driven by the increasing R&D spending across the world.

Major players profiled in the study are:

Airbus (Netherlands), Boeing (United States), Textron (United States), Ehang (China), Joby Aviation (United States), Volocopter (Germany), Lilium (Germany), Opener Aero (United States), Tetra (Japan), Urban Aeronautics (Israel)

Get Exclusive PDF Sample Copy of This Research @ https://www.advancemarketanalytics.com/sample-report/181296-global-drone-taxi-market#utm_source=DigitalJournalVinay

Scope of the Report of Drone Taxi

Drone Taxi is being developed by both start-ups and established businesses, including Boeing, Hyundai, Airbus, Toyota, and Uber. Toyota, Uber, Hyundai, Airbus, and Boeing have all promised to transport passengers through the sky in flying taxis. The idea is to connect metropolitan areas with suburbia while avoiding traffic. Air taxis might travel at speeds of up to 180 mph at altitudes ranging from 1,000 to 2,000 feet. Venture-backed start-ups like Uber, as well as big car and airline industries, are all vying for a piece of this embryonic industry. The company has the potential to drastically alter the urban mobility sector, and investors are spending millions of dollars on commercialization initiatives. They are drawn to the notion that electric air taxis have the potential to significantly reduce operating and maintenance expenses. Drone Taxi comes in a variety of forms and sizes, and many of them look nothing like traditional fixed-wing aircraft. Electric motors replace jet engines, and vertical takeoff and landing (VTOL) aircraft feature spinning wings and, in certain cases, rotors in place of propellers to obviate the need for long runways. Only a few businesses are producing vehicles that resemble automobiles with wings.

The Global Drone Taxi Market segments and Market Data Break Down are illuminated below:

by Application (Ride-Sharing Companies, Scheduled Operators, Hospital and Medical Agencies., Private Operators), Operated (Remotely Piloted, Fully Autonomous), Capacity (Up to 2, 3 to 5, More than 5), Location Range (Intracity, Intercity), Propulsion (Fully Electric, Hybrid, Electric Hydrogen)

Market Opportunities:

Intracity transportation: Short-term opportunity

Technological advancements in the sector

Market Drivers:

Growing demand for an alternative modes of transportation in urban mobility

Smart city initiatives

Improved regulatory framework

Market Trend:

Increasing demand for autonomous air ambulance vehicles

More efficient batteries and advanced manufacturing techniques

What can be explored with the Drone Taxi Market Study?

Gain Market Understanding

Identify Growth Opportunities

Analyze and Measure the Global Drone Taxi Market by Identifying Investment across various Industry Verticals

Understand the Trends that will drive Future Changes in Drone Taxi

Understand the Competitive Scenarios

Track Right Markets

Identify the Right Verticals

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

Have Any Questions Regarding Global Drone Taxi Market Report, Ask Our Experts@ https://www.advancemarketanalytics.com/enquiry-before-buy/181296-global-drone-taxi-market#utm_source=DigitalJournalVinay

Strategic Points Covered in Table of Content of Global Drone Taxi Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Drone Taxi market

Chapter 2: Exclusive Summary – the basic information of the Drone Taxi Market.

Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Drone Taxi

Chapter 4: Presenting the Drone Taxi Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.

Chapter 5: Displaying the by Type, End User and Region/Country 2016-2021

Chapter 6: Evaluating the leading manufacturers of the Drone Taxi market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile

Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2022-2027)

Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

Finally, Drone Taxi Market is a valuable source of guidance for individuals and companies.

Read Detailed Index of full Research Study at @ https://www.advancemarketanalytics.com/buy-now?format=1&report=181296#utm_source=DigitalJournalVinay

Craig Francis (PR & Marketing Manager)

AMA Research & Media LLP

Unit No. 429, Parsonage Road Edison, NJ

New Jersey USA – 08837

#Drone Taxi market analysis #Drone Taxi Market forecast #Drone Taxi Market growth #Drone Taxi Market Opportunity #Drone Taxi Market share #Drone Taxi Market Trends

0 notes

vipinmishra · 23 days

Text

A Comprehensive Analysis of the Global Unmanned Commercial Aerial Vehicle Market

Increasing demand for efficient and cost-effective solutions in industries such as agriculture, infrastructure inspection, and logistics are the factors driving market in the forecast period 2025-2029.

According to TechSci Research report, “Unmanned Commercial Aerial Vehicle Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029”, The Global Unmanned Commercial Aerial Vehicle Market stood at USD 5.26 Billion in 2023 and is anticipated to grow with a CAGR of 6.84% in the forecast period, 2025-2029. the global unmanned commercial aerial vehicle (UCAV) market is experiencing a transformative phase, characterized by significant advancements in technology, expanding applications, and increased adoption across various industries. Drones, or unmanned aerial vehicles (UAVs), have evolved beyond military applications to become integral tools in commercial sectors, driven by their versatility, cost-effectiveness, and technological sophistication.

One of the primary drivers of the market is the diverse range of applications for UCAVs across industries. In agriculture, drones are utilized for precision farming, crop monitoring, and yield optimization. Infrastructure sectors benefit from UCAVs for surveying, mapping, and inspecting structures, while logistics companies explore drone delivery services for efficient last-mile transportation. The ability of UCAVs to access remote or hazardous locations, along with their capability for rapid deployment, positions them as valuable assets in various commercial endeavors.

Technological innovations play a pivotal role in shaping the UCAV market. Advancements in propulsion systems, battery life, artificial intelligence, and sensor technologies contribute to improved drone capabilities. This technological progress is reflected in the development of drones with enhanced endurance, autonomous navigation, and specialized features such as thermal imaging and LiDAR, expanding their range of applications and increasing their efficiency in various tasks.

Regulatory support is another key factor influencing the UCAV market. Governments around the world are recognizing the economic potential of commercial drone use and are actively working on regulations to ensure safe and responsible operations. Regulatory frameworks are evolving to accommodate the integration of UCAVs into commercial airspace, addressing safety concerns and providing guidelines for their operation in different industries.

The rise of urban air mobility (UAM) represents a notable trend, with the concept of using UCAVs for short-distance passenger and cargo transport gaining traction. Companies are investing in the development of air taxis and delivery drones, potentially revolutionizing transportation systems in densely populated urban areas.

Challenges persist, including regulatory complexities, privacy concerns, and the need for standardization in drone technologies. However, ongoing developments in regulations, advancements in technology, and collaborative efforts between industry stakeholders and regulatory bodies are expected to address these challenges.

Browse over market data Figures spread through XX Pages and an in-depth TOC on "Global Unmanned Commercial Aerial Vehicle Market.” https://www.techsciresearch.com/report/unmanned-commercial-aerial-vehicle-market/22469.html

North America continues to be a powerhouse in the global unmanned commercial aerial vehicle (UCAV) market, with the United States at the forefront of innovation and market leadership. The region boasts a vibrant ecosystem of drone manufacturers, technology companies, and regulatory bodies that collectively drive advancements in UCAV applications. Companies like DJI, Amazon Prime Air, and Alphabet's Wing contribute to the diverse landscape, spanning applications from consumer drones to industrial solutions. The Federal Aviation Administration (FAA) plays a crucial role in shaping regulations that balance safety and innovation, making North America a dynamic and influential region in the UCAV market.

Europe is a key player in the global UCAV market, with a focus on diverse applications and regulatory harmonization. The European Union Aviation Safety Agency (EASA) leads efforts to establish standardized regulations for UCAVs across European countries, fostering a cohesive market. European companies such as Parrot, senseFly, and Airbus contribute to technological advancements, especially in applications like precision agriculture, environmental monitoring, and urban air mobility. The region's commitment to sustainability aligns with the development of electric and hybrid UCAVs, reflecting a holistic approach to shaping the UCAV market in Europe.

The Asia-Pacific region is a burgeoning market for UCAVs, fueled by rapid technological advancements and a growing demand for efficient solutions. Countries like China, Japan, and South Korea are pivotal players, with Chinese company DJI dominating the consumer drone market globally. The region's diverse landscape, coupled with the rise of industries like e-commerce and precision agriculture, contributes to the increased adoption of UCAVs. Governments are actively investing in research and development, and regulatory frameworks are evolving to support the burgeoning applications of UCAVs in fields such as logistics, agriculture, and surveillance.

The Middle East and Africa are increasingly recognizing the strategic importance of UCAVs for applications such as border security, surveillance, and infrastructure monitoring. Countries like the United Arab Emirates (UAE) are investing in UCAV technology, showcasing a growing interest in leveraging drones for both commercial and defense purposes. The region's vast and often challenging terrain creates opportunities for UCAVs to address unique needs, from wildlife monitoring to disaster response. As regulatory frameworks continue to develop, the Middle East and Africa are poised to play a significant role in the global UCAV market.

Major companies operating in Global Unmanned Commercial Aerial Vehicle Market are:

Parrot SA

SAIC

Israel Aerospace Industries

Elbit Systems Ltd

BAE Systems PLC

Precision Hawk Inc.

3D Robotics Inc.

Aurora Flight

Download Free Sample Report https://www.techsciresearch.com/sample-report.aspx?cid=22469

Customers can also request 10% free customization in this report.

“The global unmanned commercial aerial vehicle (UCAV) market is undergoing a transformative shift, with technology advancements and diverse applications reshaping industries. As the industry matures, collaborative efforts between governments, industry stakeholders, and innovative companies are essential to navigate regulatory challenges and unlock the full potential of UCAVs. The market's trajectory is dynamic, driven by a balance between technological innovation, regulatory frameworks, and the evolving needs of various sectors,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

“Unmanned Commercial Aerial Vehicle Market – Global Industry Size, Share, Trends Opportunity, and Forecast, Segmented By Type (Fixed-Wing UAVs, Multi-Rotor Aerial Vehicles, Rotary Blade Type UAV), By Mode Of Operation (Remotely Piloted, Optionally Piloted, Fully Autonomous), By End-User (Agriculture, Energy, Public Utilities, Construction, Media And Entertainment, Government, Others), By Region, Competition, 2019-2029”, has evaluated the future growth potential of Global Unmanned Commercial Aerial Vehicle Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Unmanned Commercial Aerial Vehicle Market.

Browse Related Reports

Commercial Drone Market https://www.techsciresearch.com/report/commercial-drone-market/14966.html Parachute Market https://www.techsciresearch.com/report/parachute-market/7881.html Commercial Aircraft Market https://www.techsciresearch.com/report/commercial-aircraft-market/7462.html

Contact

Techsci Research LLC

420 Lexington Avenue, Suite 300,

New York, United States- 10170

M: +13322586602

Email: [email protected]

Website: www.techsciresearch.com

#Unmanned Commercial Aerial Vehicle Market #Unmanned Commercial Aerial Vehicle Market Size #Unmanned Commercial Aerial Vehicle Market Share #Unmanned Commercial Aerial Vehicle Market Trends #Unmanned Commercial Aerial Vehicle Market Growth

0 notes

sangamswami · 3 months

Text

Drone Services Market: A Deep Dive into Market size and Emerging Trends

Drone Services Market by Type (Platform Service, MRO, and Training and Simulation), Application, Industry, Solution (End-To-End, Point), and Region( North America, Europe, Asia Pacific, Middle East and Row) - Global Forecast to 2028",The overall drone services market is projected to experience significant growth, transitioning from USD 17.0 billion in 2023 to USD 57.8 billion by 2028, reflecting a notable Compound Annual Growth Rate (CAGR) of 27.7% between 2023 and 2028. Notably, North America is anticipated to hold the most substantial share of the drone services market in 2023.

The drone services market is on a trajectory of exponential growth, driven by diverse applications spanning agriculture, healthcare, infrastructure, and more. The industry dynamics reflect a balance between opportunities and challenges, with the continuous evolution of technology and integration of advanced features propelling the market forward.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=80726041

Drivers: Growing Use of Drones for Crop Health Assessment and Soil Monitoring:

Drones are becoming integral to the agriculture industry, optimizing crop yield and agricultural operations. Recognized by the EU Commission for various applications, including aerial planting, soil analysis, crop monitoring, and health assessment, drones are increasingly replacing manual tasks and equipment. The surge in large commercial farms, particularly in the US and Asia Pacific, is driving demand for drones in applications such as spraying, seeding, inspection, monitoring, surveying, and mapping.

Restraints: Drone Safety and Security Issues:

Misuse of drones for potential physical and cyber-attacks poses a significant threat to public safety. Instances of drones being hacked for malicious activities highlight safety and privacy concerns. Vulnerabilities such as spoofing and potential attacks on critical operations emphasize the need for addressing drone safety and security issues to ensure responsible usage.

Opportunity: Development of Alternative Modes of Transport:

The growing urban population, accounting for 56.2% globally in 2020, necessitates efficient transportation solutions. Urban air mobility, facilitated by autonomous drones, presents a promising alternative to address traffic congestion, reduce pollution, and enhance mass mobility. Urban air mobility projects in cities like Dubai, Singapore, Los Angeles, and Dallas are exploring air taxis as a means of safe and comfortable intracity transportation.

Challenges: High Investment Costs to Develop Urban Air Mobility Infrastructure Network:

The development of urban air mobility infrastructure, including Vertihubs, Vetibases, and Vertipads, poses challenges due to high investment costs. The projected costs for building infrastructure for take-off, landing, maintenance, and charging/refueling are substantial. Overcoming these challenges is crucial for realizing the potential of urban air mobility and ensuring its integration into existing transportation systems.

North America is expected to hold the highest market share in 2023, driven by the growing prevalence of online shopping, favorable regulations by the Federal Aviation Administration (FAA), and investments by major industry players. The region's expansion is further bolstered by startups creating parcel service platforms and the overall adoption of drone services in commercial applications.

Key Market Players:

Major players in the drone services market include Cyberhawk (UK), Sky-Futures Ltd. (UK), DroneDeploy Inc. (US), Terra Drone Corporation (Japan), PrecisionHawk (US), and Aerodyne Group (Malaysia), among others. These global leaders focus on innovation, safety, and meeting the evolving needs of industries leveraging drone services.

Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=80726041

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: +1-888-600-6441 Email: [email protected]

#Drone Services Market #Drone Services Market share #Drone Services Market Growth #Drone Services Market Trends #Drone Services Industry

0 notes

gayatrigunjkar · 7 months

Text

Aircraft Insurance Market Adapts to Technological Advancements and Safety Measures

The Aircraft Insurance Market is a dynamic sector that plays a vital role in ensuring the safety and sustainability of the aviation industry. In a world where air travel continues to expand, adapt, and innovate, the need for robust insurance solutions has never been more apparent. Over recent years, this market has encountered its share of turbulence, dealing with the impact of the COVID-19 pandemic and adapting to the changing landscape of aviation. As the skies reopen and drone technology advances, new opportunities and challenges are emerging. Aircraft insurance providers are taking to the skies with innovative coverage solutions, embracing sustainable practices, and leveraging data analytics to make informed decisions.

The Aircraft Insurance Market study by Allied Market Research includes an overview of business trends, competitor analysis, and a future market and technical analysis forecast. In addition, the study gave an illustration of the global value and key regional trends in terms of Earthquake InsurMark size, share and growth opportunities. All information about the global market has been carefully analyzed and verified by industry professionals after being gathered from very reliable sources.  

Download PDF Sample Copy: https://www.alliedmarketresearch.com/request-toc-and-sample/11981

A comprehensive and detailed method that combined primary and secondary research was used to thoroughly investigate the global E-Banking Market. While secondary research gave a broad overview of the products and services, primary research involved a thorough examination of many factors that influence the market. A process of searching is done using a variety of sources, such as press releases, professional journals, and government websites, to gain insights into the industry. This approach has made it possible to acquire a clear, extensive understanding of the global E-Banking Market

Analysis of Key Players:

The market is fragmented, with many large and medium-scale vendors controlling minority shares. Vendors actively engage in product development by making significant investments in R&D initiatives. Through a variety of growth strategies, including alliances, partnerships, mergers, and acquisitions, they are increasing their Shop Insurance Marketshare. 

Purchase this Report@ https://www.alliedmarketresearch.com/aircraft-insurance-market/purchase-options

Major players operating in the Aircraft Insurance Market industry include Allianz, Tokio Marine HCC, Ace Aviation, MARSH LLC, Munich Re, AXA, American International Group, Inc., Chubb, Willis Towers Watson, Berkshire Hathaway Inc.

By Insurance Type

Public Liability Insurance

Passenger Liability Insurance

Combined Single Limit (CSL)

In-Flight Insurance and Umbrella Insurance

Others

By Application

Commercial Aviation

General & Business Aviation

By End User

Airlines

Air Taxi Operators

Aircraft Product Manufacturers

Others

By Region

North America (U.S, Canada, and Mexico),

Europe (UK, Italy, Germany, France, Spain, Netherlands, Switzerland, and the Rest of Europe),

Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, Thailand, and Rest of Asia-Pacific),

LAMEA (Latin America, Middle East, and Africa). 

The expert team at Allied Market Research continuously analyzes the market environment by making precise predictions about the necessary driving and restraining factors. On these factors, the stakeholders can base their business plans. 

Key Benefits for Stakeholders:

This report offers a quantitative examination of the market segments, estimations, recent trends, and dynamics of the Aircraft Insurance Market analysis from 2023 to 2032 to specify the key competitive advantages. 

An in-depth analysis of Market segmentation helps in determining current market opportunities.   

Porter's five forces analysis places a strong emphasis on consumers' and vendors' capacity to develop their supplier-buyer networks and come to profitable business decisions. 

The report examines regional and global market segmentation, LAMEA Travel Insurance MarkeTrends, leading players, market growth strategies, and application areas. 

Market participants' positioning encourages comparative analysis and provides a clear understanding of the player's current position.  

The major countries in each region are mapped based on their revenue contribution to the global market.   

The report provides in-depth details of the business tactics used by the major market participants in Aircraft Insurance Market growth. 

Customization Before Buying, Visit @ https://www.alliedmarketresearch.com/request-for-customization/11981

Key Questions Answered in the Research Report- 

What are the market sizes and rates of growth for the various market segments in the global and regional market? 

What are the key benefits of the Aircraft Insurance Market report? 

What are the driving factors, restraints, and opportunities in the global Market? 

Which region has the largest share of the global Market? 

Who are the key players in the global Market? 

Top Trending Reports:

1) Direct Insurance Carriers Market: https://www.alliedmarketresearch.com/direct-insurance-carriers-market-A09991

2) Insurance Claims Services Market: https://www.alliedmarketresearch.com/insurance-claims-services-market-A09995

3) Weather-Based Crop Insurance Market: https://www.alliedmarketresearch.com/weather-based-crop-insurance-market-A10049

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports Insights" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa

1209 Orange Street, Corporation Trust Center, Wilmington, New Castle, Delaware 19801 USA.

Int'l: +1-503-894-6022 Toll Free: +1-800-792-5285

UK: +44-845-528-1300

India (Pune): +91-20-66346060 Fax: +1-800-792-5285 [email protected]

#aircraft #insurance

0 notes

marketreports123 · 7 months

Text

Urban Air Mobility (UAM) Market Size & Share, Growth Trends 2023-2027

The projected expansion of the Urban Air Mobility (UAM) Market suggests an estimated growth of USD 5,280.25 million between 2022 and 2027, with a notable Compound Annual Growth Rate (CAGR) of 27.5% during the forecast period. This growth is influenced by various factors, including the rising utilization of electric Vertical Takeoff and Landing (eVTOL) aircraft in military applications, the demand for efficient logistics and last-mile delivery solutions, and the increasing emphasis on environmentally friendly and noise-reduced aircraft.

To learn more about this report, Request Free Sample

Market Overview

The Urban Air Mobility (UAM) Market is a rapidly emerging and transformative sector in the aviation and transportation industry, aiming to provide efficient, sustainable, and innovative solutions for urban mobility. In this comprehensive analysis, we will explore the dynamics, trends, key players, and future prospects of the UAM market.

The Urban Air Mobility Market is witnessing remarkable growth and evolution, driven by several key factors:

Urbanization and Congestion: The increasing urban population and traffic congestion in cities worldwide have created a pressing need for innovative mobility solutions.

Advancements in Technology: Ongoing advancements in electric propulsion, autonomous flight, and air traffic management are making urban air mobility more feasible.

Environmental Sustainability: UAM solutions are often electric or hybrid, aligning with the global focus on reducing emissions and fostering sustainability.

Regulatory Framework: Governments and aviation authorities are working to develop regulatory frameworks to ensure the safe integration of UAM into urban airspace.

Market Segmentation

To gain a deeper understanding of the Urban Air Mobility Market, it can be divided into several segments:

Vehicle Types: UAM encompasses a variety of aerial vehicles, from electric vertical takeoff and landing (eVTOL) aircraft to drones and air taxis.

Use Cases: UAM serves a range of use cases, including urban commuting, medical transport, goods delivery, and more.

Infrastructure Development: The market includes infrastructure components like vertiports, charging stations, and air traffic management systems.

Geographical Regions: UAM market dynamics may vary by region, with North America, Europe, Asia-Pacific, and others each showcasing unique developments.

Key Market Players

Several companies have taken a lead role in shaping the Urban Air Mobility Market:

Joby Aviation: Joby Aviation is a prominent player in the eVTOL aircraft industry, with a focus on creating urban air taxis for passenger transport.

Volocopter: Volocopter specializes in electric vertical takeoff and landing (eVTOL) aircraft for urban air mobility, aiming to offer on-demand, emission-free transportation.

EHang: EHang is known for its autonomous aerial vehicles and air mobility solutions, contributing to the development of the aerial passenger transport sector.

Uber Elevate: Uber Elevate is working on the integration of urban air mobility into its ride-sharing platform, aiming to provide seamless urban transportation options.

Market Trends

Understanding current market trends is essential for stakeholders in the Urban Air Mobility Market:

Vertiports and Infrastructure: Development of vertiports and charging infrastructure is critical to support the growth of UAM.

Public Acceptance and Education: Educating the public and garnering acceptance for UAM is crucial for its successful integration into urban transportation.

Regulatory Progress: The establishment of clear and flexible regulatory frameworks is essential for safe UAM operations.

Collaboration and Partnerships: Companies are forming strategic partnerships and collaborations to accelerate UAM development and deployment.

Future Prospects

The Urban Air Mobility Market's future holds several promising opportunities:

Expanded Service Areas: UAM services are expected to expand beyond urban centers, connecting suburban and rural areas.

Economic Viability: As UAM technology matures, it is expected to become a cost-effective mode of urban transportation.

Reduced Emissions: UAM's shift toward electric and hybrid propulsion systems aligns with global sustainability goals.

Autonomous Operations: The development of autonomous UAM vehicles will further enhance safety and accessibility.

In conclusion, the Urban Air Mobility Market represents a transformative shift in urban transportation, offering innovative and sustainable solutions to alleviate traffic congestion and improve mobility. With continued technological advancements and regulatory support, UAM is poised to revolutionize how people and goods move within urban areas.

For more detailed information and insights, Explore the Sample Report PDF

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com

#market research #marketresearch

0 notes

aerospace-and-defence · 8 months

Text

#Drone Taxi #Drone Taxi Market #Drone Taxi Industry #Drone Taxi Market Trends #Drone Taxi Market Report #Drone Taxi Market Value #Drone Taxi Market Forecast #Drone Taxi Market Growth

0 notes

stevecarell600 · 1 year

Text

Unmanned Aerial Vehicle Market USD 25.13 billion by 2029 | At CAGR of 12.23% Share, Trends, Growth Factors, Analysis, Opportunities and Rapid Growth

The global unmanned aerial vehicle market is expected to gain momentum from the increasing advancements in the field of drones. They are capable of analyzing millions of images for enhancing the decision-making skills of the management in a wide range of industries. Fortune Business Insights™ presented this information in a new report, titled, “Unmanned Aerial Vehicle Market Size, Share & COVID-19 Impact Analysis, By Class (Small UAVs, Tactical UAVs, and Strategic UAVs)and Regional Forecast, 2020-2027.” The report further states that the unmanned aerial vehicle (UAV) market size was USD 10.72 billion in 2019 and is projected to reach USD 25.13 billion by 2027, exhibiting a CAGR of 12.23% during the forecast period.

Information Source:

An Unmanned Aerial Vehicle (UAV), also known as a drone, is an aircraft that operates without a human pilot onboard. UAVs can be controlled remotely by a human operator or autonomously by an onboard computer. These vehicles are widely used in a variety of fields, including military operations, scientific research, agriculture, and commercial applications such as aerial photography and videography. The use of UAVs has increased rapidly in recent years due to their versatility, efficiency, and cost-effectiveness. They can be equipped with a variety of sensors and cameras, allowing them to perform tasks such as surveillance, mapping, and environmental monitoring with high accuracy and precision. However, the use of UAVs also raises concerns about privacy, security, and safety, as well as potential ethical issues related to their use in military operations.

This Report Answers the Following Questions:

What are the market dynamics, drivers, and obstacles?

Which company will generate the largest revenue in the near future?

How will COVID-19 impact the sales of UAVs?

Which strategies are being adopted by companies to intensify competition?

Segment:

Commercial Segment to Grow Rapidly Backed by Investment by Companies to Develop Air Taxi

In terms of application, the market is fragmented into commercial, residential, and military. Out of these, the commercial segment generated 4.6% in terms of unmanned aerial vehicle market share in 2019. This growth is attributable to the increasing usage of UAVs in logistics, forest monitoring, crop monitoring, aerial mapping, and surveying. Besides, industry giants, such as Uber and DHL Logistics are investing hefty amounts of money to develop Air Taxi and innovating air transportation, respectively. These factors would also contribute to the growth of this segment.

Regional Analysis:

Increasing Usage of Drones in Military Applications to Spur Growth in North America

Geographically, in 2019, North America held USD 3.88 billion in terms of revenue. The region is anticipated to dominate during the forthcoming years owing to the rising usage of UAVs in several military applications. The U.S. houses a large number of renowned military UAVs manufacturers who are gaining a competitive edge by exporting their products to numerous countries worldwide.

Europe, on the other hand, is expected to grow moderately stoked by the high demand for navigation systems, avionics, software solutions, and cameras in the region. In Asia Pacific, the high demand for advanced warfare UAVs for tactical and strategic applications would affect the market growth positively in the near future. The major importers in this region are China, Pakistan, and India.

Competitive Landscape:

Key Players Focus on Delivering Essentials via UAVs to Prevent Coronavirus Infection

The market is highly fragmented with the presence of a wide range of manufacturing companies all over the world. Some of them are presently focusing on delivering essentials through drones owing to the COVID-19 pandemic. The others are focusing on mergers and acquisitions with other local enterprises to strengthen their positions.

Below are a couple of the latest industry developments:

June 2020: After Wing, a firm owned by Google parent Alphabet launched its new drone delivery service in Virginia, Kelly Passek became the first customer. She is a middle-school librarian who petitioned the company to deliver library books to help kids in reading and learning amidst the COVID-19 pandemic.

September 2019: Rafael Advanced Defense Systems, a defense company based in Israel, successfully acquired Aeronautics Limited worth USD 240 million. This would help the latter to combine its expertise in intelligence, surveillance and reconnaissance with Rafael’s large network in the U.S. market.

Drivers & Restraints:

Need to Avoid Physical Contact amidst COVID-19 to Skyrocket Demand

The effect of COVID-19 pandemic on the market is likely to remain moderate backed by the increasing usage of drones by the regulatory bodies worldwide to monitor public gatherings, thereby limiting direct physical contact. Antwork Inc., a China-based drone delivery company, for instance, provided medical supplies and reduced the involvement of humans by using drones. Also, in countries, such as the Netherlands, Belgium, Spain, India, China, Russia, and France, UAVs are extensively being used to spray disinfectants on government buildings, emergency hospitals, and public healthcare infrastructure. However, the strict government norms and laws regarding the usage of airspace to eliminate accidental damages may hamper the unmanned aerial vehicle market growth in the coming years.

#Unmanned Aerial Vehicle Market

0 notes

researchdive · 2 years

Text

Aircraft Microturbine Engine Market 2022 With Top Countries Data 2030

The COVID-19 pandemic has a considerable impact on the aircraft microturbine engine market. The outbreak of pandemic has led to major lockdown situations in most of the countries across the world. During this period, the utilization of drones and eVTOL has increased due to their efficiency in population surveillance during the lockdown period. The majority of the developed, as well as developing countries prefer to use drones to keep an eye on the population and ensure their safety. For instance, in March 2020, EHang, one of the China-based aircraft manufacturers offered 61 passenger grade drones for the surveillance of the general population. Such types of activities represent the vast applicability of these machines during viral outbreaks. During this unprecedented situation, we are helping our clients in understanding the impact of COVID19 on the global aircraft microturbine engine market.

Our report includes:

Technological Impact

Social Impact

Investment Opportunity Analysis

Pre- & Post-COVID Market Scenario

Infrastructure Analysis

Supply Side & Demand Side Impact

As per a new report published by Research Dive, the global aircraft microturbine engine market is set to generate revenue of $125.2 million by 2029, at a CAGR of 9.5% during the forecast period. The segmentation of the market has been done based on end-use, engine type, platform, horsepower, fuel type, application, and region. The report provides in-depth insights on drivers, vital segments, opportunities, restraints, and key players of the market. As per our analyst estimates, low operating & maintenance costs are significant factors accelerating the growth of the aircraft microturbine engine market. However, the higher acquisition cost of microturbine engines has obstructed the growth of the global aircraft microturbine engine market.

Get an access to the all-inclusive PDF Sample of Aircraft Microturbine Engine Market@ https://www.researchdive.com/download-sample/192

OEM to Dominate the Market during the Forecast Period

Based on end-use, the global market for aircraft microturbine engines is segmented into OEM and aftermarket. The OEM market accounted for $83.9 million in revenue in 2029 and is expected to grow at 8.9% CAGR. The growth of the OEM segment is primarily attributed to its cost benefits which are directly related to the minimal cost of production.

Based on engine type, the global market is segmented into turbojet MTE and turboshaft MTE. The market size for the turboshaft MTE segment accounted for $65.1 million in 2029 and is all set to rise at a CAGR of 10.3% during the period of forecast. Higher adoption of turboshaft MTE for the incorporation of the majority of aircrafts is likely to drive the segment growth.

VTOL Segment to be Most Lucrative

Based on the platform, the global market for aircraft microturbine engine is classified into VTOL, air taxi, cargo aerial vehicle, ultra-light aircraft, business jet, military trainer aircraft, and military unmanned aerial vehicles. The market size for VTOL was $27.5 million in 2029 and is estimated to grow at 10.8% CAGR. Higher adoption of military unmanned aerial vehicles is anticipated to offer growth for the segment in the global market.

Based on horsepower, the global market is segmented into 5-50 HP, 50-100 HP, and 100-200 HP. 5-20 HP horsepower segment generated a revenue of $27.5 million in 2029 and is anticipated to grow at 10.8% CAGR during the period of forecast.

Biofuel to Hold Significant Market Share

Based on fuel type, the global market for aircraft microturbine engine is classified into kerosene, diesel, Jet-A, biofuel, and synthetic fuel. The market size for biofuel was $53.6 million in 2029 and is estimated to grow at 10.4% CAGR. The significant consumption of biofuels is predicted to contribute to the segment growth.

Based on application, the global market is segmented into civil, urban air mobility, and unmanned military. The urban air mobility segment generated a revenue of $32.5 million in 2029 and is anticipated to grow at 10.0% CAGR during the period of forecast.

Speak to Analyst or Schedule a Call to get more Insights of Aircraft Microturbine Engine Market@ https://www.researchdive.com/connect-to-analyst/192

Geographical Analysis and Major Market Players

Based on region, the global aircraft microturbine engine market is segmented into North America, Europe, Asia Pacific, and LAMEA. The Asia-Pacific aircraft microturbine engine market accounted for $32.4 million in 2029 and is anticipated to rise at 10.0% CAGR throughout the forecast period. The developing economy and increasing investments in aircraft technologies are expected to offer a lucrative opportunity for the Asia Pacific market growth.

The major players of the global aircraft microturbine engine market include UAV Turbines, Inc., Honeywell International Inc, Rolls-Royce plc, Kratos Defense & Security Solutions, Inc., Elliott Group, AeroDesignWorks GmbH, JetsMunt SL, GE, AMT Netherlands B.V., and PBS Group.

#Aircraft Microturbine Engine Market #Aircraft Microturbine Engine #COVID-19 Impact #Microturbine #Aircraft Engine #Aerospace & Defense #Aerospace #Aviation #Airplane

1 note · View note

balrajgis · 2 years

Text

Drone Taxi Market is expected to witness Incredible Growth during 2021-2031 | Airbus, Boeing, Volocopter

Global Drone Taxi Market report from Global Insight Services is the single authoritative source of intelligence on Drone Taxi Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

A drone taxi is a small, unmanned aircraft that can be used to transport people or goods from one location to another. Drone taxis are typically operated by a pilot using a remote control, and they can take off and land vertically, like a helicopter. Drone taxis can be used in a variety of settings, including urban areas, rural areas, and even in disaster zones.

Get Free Sample Copy of This Report – https://www.globalinsightservices.com/request-sample/GIS20397/

Key Trends

One of the key trends in drone taxi technology is the development of autonomous flying vehicles. These autonomous flying vehicles are being developed by a number of companies, including Uber, Airbus, and Google. Another key trend is the development of electric drones. These electric drones are much quieter than traditional gas-powered drones and have the potential to revolutionize the drone taxi industry. Finally, another key trend is the development of new regulations governing the use of drones. These regulations are necessary to ensure the safety of passengers and to prevent the misuse of drones.

Key Drivers

The key drivers of the drone taxi market are the increasing demand for on-demand transportation, the declining cost of drone technology, and the need for efficient and safe transportation in congested urban areas. The major factors driving the growth of the on-demand transportation market are the increasing urbanization and the need for efficient transportation in congested urban areas. The declining cost of drone technology is also a key factor driving the growth of the drone taxi market.

Market Segmentation

Drone Taxi Market, By System.

Structure

Interior

Propulsion

Drone Taxi Market, By Propulsion Type

Fully Electric

Hybrid

Drone Taxi Market, By Passenger Capacity

Up to 2

3 to 5

Drone Taxi Market, By Range

Intracity

Intercity

Drone Taxi Market, By End use

Ride Sharing Companies

Scheduled Operators

Get Customized Report as Per Your Requirement – https://www.globalinsightservices.com/request-customization/GIS20397/

Key Players

Airbus

Boeing

Volocopter

Lilium

Joby Aviation

EHang

Uber Elevate

Rolls-Royce

Audi

With Global Insight Services, you receive:

10-year forecast to help you make strategic decisions

In-depth segmentation which can be customized as per your requirements

Free consultation with lead analyst of the report

Excel data pack included with all report purchases

Robust and transparent research methodology

Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

Global Insight Services LLC

16192, Coastal Highway, Lewes DE 19958

E-mail: [email protected]

Phone: +1–833–761–1700

#Drone Taxi Market

0 notes

mangeshp7793 · 2 years

Link

#Drone Taxi Market by Type #Drone Taxi Market Analysis #Drone Taxi Market Future Innovation

0 notes

nita-world · 2 years

Text

eVTOL Aircraft Market Forecast Growth Revenue value trends Manufacturers Global Industry Analysis, Size, Share, Trends, And Forecast, 2021-2031

eVTOL Aircraft Market: Information by Type (Air Taxis, Delivery Drones and others), Battery Type (Lithium-Ion Batteries, Solid-State Batteries and Hydrogen Fuel Cells), Lift Technology (Multirotor, Vectored Thrust, Lift Plus Cruise and others), Type of Propulsion (Fully Electric, Hybrid, and Electric Hydrogen), Type of MTOW (<250 kg, 250–500 kg, 500–1,500 kg and >1,500 kg), Range (0–200 km and 200–500 km), Mode of Operation (Piloted and Optionally Piloted) - Forecast till 2030 By MRFR

Overview

Global eVTOL Aircraft Marketis expected to reach USD 4,063.3 Million by 2030 at a CAGR of 30.30% during the forecast period.

The growth of the global eVTOL Aircraft Marketcan be attributed to rising traffic congestion and rapid technological advancements. However, safety concerns and limited endurance are expected to restrain the et growth during the forecast period.

Regional Analysis

The geographic analysis of the global eVTOL Aircraft Marketincludes North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin Africa.

The market in North America was valued at USD 78.0 Million in 2018. The US and Canada are the country-level markets in North America. The market in the region is expected to reach USD 1,508.3 Million by 2030 at a 29.54% CAGR during the forecast period. This growth can be attributed to the presence of prominent companies such as Aurora Flight Sciences and Workhorse. Furthermore, technological advancements and rising investment by the US Army in the L aircraft market are expected to drive the growth of the market in the region.

Europe accounted for the second-largest share of the market in 2018. The European market includes the UK, Germany, France, Switzerland, Belgium, Bulgaria, Finland, Poland, and the rest of Europe. The increasing investments by prominent automotive OEMs based in the region in developing eVTOL aircraft are driving the et growth. For example, in 2017, Daimler AG invested USD 30 million in Volocopter GmbH to develop a vehicle with an electric powertrain that can carry up to five passengers. Hence, the eVTOL Aircraft Marketin Europe is expected to reach USD 1,141.4 million by 2030 at a CAGR of 30.26% during the forecast period.

Asia-Pacific constituted a large share of the global eVTOL Aircraft MarketForecast in 2018. The market in the region has been divided into China, Japan, India, Australia, Singapore, South Korea, New Zealand, and the rest of Asia-Pacific. The regional market was valued at USD 33.9 million in 2018 and is expected to reach USD 811.0 Million by 2030 at a CAGR of 31.88%. Rapid urbanization, rising disposable incomes, and a focus on drones for transportation are expected to bolster market growth in the region.

The Middle East & Africa accounted for a considerable share of the global market in 2018. The market the region has been segregated into the UAE and the rest of the Middle East & Africa. The regional market was valued at USD 20.4 million in 2018 and is expected to reach USD 434.4 million by 2030 a CAGR of 30.61% during the forecast period. Factors such as high standards of living and a focus on enhancing passenger mobility are creating promising growth avenues for the eVTOL Aircraft Marketin the Middle East & Africa.

In Latin America, the eVTOL Aircraft Marketis expected to reach USD 89.3 million by 2030 a CAGR of 29.78%. The market in the region has been divided into Brazil and the rest of Latin America. Investments by aircraft OEMs in the eVTOL Aircraft Marketare driving the et growth. For example, in 2018 EmbraerX, a subsidiary of Embraer SA, unveiled its eVTOL aircraft at the Uber Elevate Summit.

Segmental Analysis

The Global eVTOL Aircraft Markethas also been segmented by type, battery type, lift technology, type of propulsion, type of MTOW, range, mode of operation, and application.

Based on type, the global eVTOL Aircraft Markethas been divided into air taxis, delivery drones, and others. The air taxis segment dominates the global market. It was valued at USD 140.4 million in 2018 and is anticipated to expand at a CAGR of 29.98% during the forecast period.

In terms of battery type, the market has been classified as lithium-ion batteries, solid-state batteries, and hydrogen fuel cells. The lithium-ion batteries segment was the largest, valued at USD 172.1 million, in 2018 and is projected to exhibit a CAGR of 29.46% during the forecast period.

On the basis of lift technology, the global eVTOL Aircraft Markethas been categorized as multirotor, vectored thrust, lift plus cruise, and others. The multirotor segment is anticipated to exhibit the highest CAGR during the forecast period.

By type of propulsion, the market has been segmented into fully electric, hybrid, and electric hydrogen. The fully electric segment dominates the market. The segment was valued at USD 138.0 million in 2018.

On the basis of the of MTOW, the global eVTOL Aircraft Markethas been categorized as <250 kg, 250–500 kg, 500–1,500 kg, and >1,500 kg. The 500–1,500 kg segment is anticipated to register the highest CAGR during the forecast period.

By range, the market has been segmented into 0–200 km and 200–500 km. The 0–200 km segment dominated the market. The segment was valued at USD 175.1 million in 2018.

Based on the operation, the global eVTOL Aircraft Markethas been divided into piloted and optionally piloted. The piloted segment dominates the global market. It was valued at USD 134.0 million in 2018 and is anticipated to exhibit a CAGR of 28.94% during the forecast period.

In terms of application, the global eVTOL Aircraft Markethas been bifurcated into commercial, cargo, and military. The cargo segment is projected to register the highest CAGR during the forecast period.

Competitive Analysis

Prominent Players in the Global eVTOL Aircraft Marketinclude EHANG (China), A³ by Airbus (US), Volocopter GmbH (Germany), Uber Technologies Inc. (US), Lilium GmbH (Germany), Aurora Flight Sciences (US), Bell Textron Inc. (US), TERRAFUGIA (US), Kitty Hawk (US), and Workhorse (US).

The other companies profiled in the report are EmbraerX (Brazil), Karem Aircraft, Inc. (US), Neva Aerospace (UK), LIFT Aircraft Inc. (US), Opener (Canada), Pipistrel Group (Slovenia), Vertical Aerospace Ltd (UK), HOVERSURF (US), Cartivator (Japan), Joby Aviation (US), Amprius Technologies (US), Sion Power Corporation (US), MOLICEL (Taiwan), EaglePicher Technologies (US), OXIS Energy Ltd (UK), and MGM COMPRO (Czech Republic). Mergers, acquisitions, and collaborations are some of the key strategies adopted by these companies to gain an edge over their competitors.

Key Developments

In October 2019, Volocopter GmbH completed the first test flight of its eVTOL aircraft in Singapore. The development enabled the company to strengthen its presence in the eVTOL aircraft market.

In May 2019, EHANG entered into a partnership with DHL-Sinotrans to launch a fully automated smart drone delivery solution.

Browse Full Report Details @ https://www.marketresearchfuture.com/reports/eVTOL -aircraft-market-7952

0 notes

tastydregs · 3 years

Text

Covid helped kickstart the age of cargo drones and air taxis

Startups promising to usher in the age of air taxis and cargo drones started popping up at the end of the 2000s. For most of their existence, they were underfunded and relegated to niche applications like delivering blood in rural Rwanda or publicity stunts like the Taco Bell-backed “tacocopter.” The pandemic changed all that overnight.

This year, startups building autonomous drones to carry passengers and packages have raised at least $3.8 billion, up from $1.1 billion in 2020. That compares to just $438 million in venture capital funding for the entire decade between 2009 and 2019, according to data from the investment tracking firm Pitchbook. Most of the recent wave of funding has gone to a few startup winners, including Joby Aviation ($1.6 billion raised), Lilium ($842 million), and Archer Aviation ($656 million).

Nearly all of the money pumped into drone startups this year has come through so-called “alternative public offerings,” in which a startup merges with a shell company that’s already listed on the stock market (a reverse merger) and then sells stock to a small group of private equity investors (a private investment of public equity, or PIPE, deal).

With huge cash reserves, these companies can now fund long-term research and development for autonomous, electric drones that promise to slash delivery times and accelerate urban mobility.

The technology is in its early days. Electric engines aren’t yet powerful enough to fly heavy loads over large distances and AI systems aren’t reliable enough to pilot human passengers or valuable cargo on their own. Freight companies like DHL are still in the testing stages. Of the 129 companies developing air taxis and cargo drones, only 13 are actually selling final products, according to an analysis from emerging tech investment firm Phystech Ventures.

But with the recent wave of funding, the sector could bring a viable product to market within five years, predicts Matt Trotter of Silicon Valley Bank (SVB). “Companies that had a very hard time raising a Series A five to seven years ago are now raising billions of dollars in capital to take something that seemed very far-fetched to be more of a reality these days,” says Trotter, who heads SVB’s emerging tech division. They can thank the pandemic for jamming up supply chains.

Investments in air taxis and cargo drones takes off

Two short-term trends pushed investors to take a serious look at air taxi and cargo drone startups since the start of the pandemic. First, factory shutdowns, port closures, and whipsawing consumer demand scrambled supply chains, revealing serious vulnerabilities in the way businesses move goods through the global economy. With ports jammed, rail yards in disarray, and trucking facing a shortage of personnel and equipment, the idea of using long-range cargo drones to transport boxes no longer seemed so far-fetched. Plus, moving goods (or commuters) through the air could ease traffic in increasingly crowded cities.

Second, governments cut stimulus checks and lowered interest rates to jumpstart their economies. Flush with cheap cash, investors have pumped record-breaking amounts of funding into startups in both 2020 and 2021. And after seeing Tesla’s breakout success, investors have gotten excited about electric vehicles and autonomous driving. “It was, ‘Hey, we’re doing this with cars. We’re starting to do this with trucks. Let’s bring some of that same kind of technology to aviation,’” said Trotter.

Technological hurdles in the age of drones

Before any of these futuristic visions can come true, says Asad Hussain, a senior analyst at Pitchbook, many pieces have to fall into place from the cost of certifying new aircraft to regulatory approvals and infrastructure development. Investors may “underestimate the complexity” of the task, he wrote in an April 8 research note.

Now that startups have filled their bank accounts, Trotter says, they’ll likely put their heads down for the next five or so years and focus on development. In that time, they may be able to overcome challenges like scaling up electric motors to give their drones a useful flight range and securing approval from aviation regulators—but if not, they’ll be back on the market for venture funding again around 2025.

In that case, the drone startups would face a similar risk as the first wave of clean tech startups that raised big funding rounds in the early 2000s but failed when they couldn’t secure funding to keep the lights on after the 2008 financial crisis.

“They didn’t have the capital to follow through and finish the technology they were working on, so a lot of really interesting companies went out of business,” Trotter said. But in Trotter’s estimation, the drone startups’ eye-popping fundraising rounds should be enough to tide them over: “They have enough money to fully deliver and get into market,” he said. “A lot of the capital risk has already been taken.”

0 notes

crapfutures · 6 years

Text

Careless whispers

In a previous post we mentioned the story of the infamous conflict between King Henry II and Thomas Becket, the Archbishop of Canterbury, in 12th century England. It’s a familiar story of two powerful and egotistical men clashing over issues of status and pride. After a series of altercations over clerical privilege, Henry finally loses his temper; what he actually said to the assembled courtiers has been lost to history, but the most likely version comes from the biographer-monk Edward Grim, who recorded it as follows:

What miserable drones and traitors have I nourished and brought up in my household, who let their lord be treated with such shameful contempt by a low-born cleric?

Whatever Henry said, four of his knights (Richard le Breton, Reginald FitzUrse, Hugh de Morville, and William de Tracy) interpreted the utterance as a royal command. They rode to the Normandy coast, took ship for England, and confronted the Archbishop. What happened next was described by the aptly named Grim, who was on the scene and actually wounded in the attack:

The wicked knight, fearing lest Becket should be rescued by the people and escape alive, leapt upon him suddenly and wounded this lamb who was sacrificed to God, cutting off the top of the crown which the sacred unction of the chrism had dedicated to God.

More terrible blows followed, and eventually the Archbishop succumbed. Was the king’s statement interpreted correctly? We’ll never know. But we can perhaps read parallels to our own time in the complex motivations and agendas that informed the knights’ collective decision to commit murder.

Another story, more recent. This one takes place in Dallas, Texas, where a six-year-old girl asked her family’s Amazon Echo: ‘Alexa, can you play dollhouse with me and get me a dollhouse?’ Alexa promptly complied, ordering a $300 KidKraft Sparkle Mansion doll’s house from one of Amazon’s suppliers. She also ordered (for reasons known only to the internal logic of the system) nearly two kilograms of sugar cookies. The story doesn’t stop there: the following day, when a San Diego news programme reported the story, a number of Echos were roused by the wake word ‘Alexa’ coming from proximate television sets, and they in turn followed the command to also purchase dolls’ houses.

What inspired Alexa to order the biscuits? A flawed system or a very smart one?

In 560 BC, King Croesus of Lydia set a challenge to the world’s oracles to determine who provided the most accurate prophecies. His emissaries were sent to seven sites to ask the resident oracle what the king was doing at that precise moment. The winner was the Oracle of Delphi, who correctly reported that the king was making a lamb-and-tortoise stew.

Oracles were seen as conduits to the gods, speaking and giving advice on their behalf. Divination came in many other forms: augurers would follow the flight paths of birds (legend has it that the location of Rome was decided through this approach). Haruspices would read the entrails of sacrificed animals. Today, however, reading the future is much less exotic or gruesome, being mostly about data and statistics.

The next story starts back to front. A man walks into a Target outside Minneapolis and demands to see the manager. He’s got a handful of targeted coupons that had been sent to his teenage daughter, and he’s angry. ‘My daughter got this in the mail!’ he said. ‘She’s still in high school, and you’re sending her coupons for baby clothes and cribs? Are you trying to encourage her to get pregnant?’ In fact the daughter actually is pregnant. Target knows it before the girl’s father, thanks to a hunch based on its analysis of online searches and product purchases - in this case a particular lotion often used by pregnant women in the second trimester.

One more story. In happier times for Facebook, the social media giant played a significant - if unevenly distributed and still debated - role in the Arab Spring by facilitating communication between protesters. The April 6 Youth Movement in Egypt, for example, used Facebook to launch a successful call for protests in the aftermath of the Tunisian Revolution that preceded the spread of uprisings across North Africa and the Middle East in 2011-12. Events of the Arab Spring demonstrated that social networks provide a perfect mechanism through which to disseminate information broadly and quickly, as long as you have access to the internet.

So far this is a familiar and well-trodden tale; the more interesting story, however, happened when Arab states began to shut down internet access. Activists in Cairo found the solution in a different kind of social network - not screen-based, but via the city's taxi drivers. The activists realised that if they could direct conversations towards the planned anti-Mubarak gathering on 25 January 2011 in Tahrir Square, taxi drivers might spread the word and the protest would be a success. Initially, the activists tried to talk directly to drivers.

But they soon discovered that due to the highly politicised nature of their subject, conversations would quickly turn into arguments rather than dissemination, and their objective would fail. The solution was found in exploiting the human tendency to gossip. Instead of engaging in direct conversation, the activists allowed the taxi drivers to overhear a mobile phone conversation where they would disclose the details of the protests. The taxi drivers eavesdropped, and believing they had overheard a gossip-worthy secret, they began to spread the message.

‘Technology is making gestures precise and brutal, and thereby human beings.’ - Adorno

In one of our very first posts, The Pleasures of Prediction, we described the daily experience at our local cafe - where the gestures of interaction were not always precise, sometimes brutal (depending on the mood of either ourselves or the people behind the counter), but mostly genial and surprisingly seamless. More recently, our colleague was telling us how his landlady keeps track of the number of bottles of alcohol he consumes each week by counting his recycling - a sort of small island version of a fitness tracker like the Fitbit. ‘She’s not judgemental’, he said. ‘Well … not really.’ Of course surveillance and tracking - mediating, amplifying, interpreting - have always been present in society; in the past they were just more social, or at least more analogue.

These examples raise some big questions, such as: Would you rather be monitored by a human being or a machine? If machine, why? Why don’t we trust humans? For that matter, why don’t we trust ourselves? How have we been shown to be untrustworthy and unable to control our own self-destructive or anti-social impulses? For the past two years we have been collecting stories that relate to the interpretation of information - tracing the shift from human beings to technological mediation as translator and interpreter; who is making important decisions, on whose behalf, and why.

There is certainly precision and brutality in Cambridge Analytica’s use of Facebook data for micro-targeting and psychological profiling. Likewise Amazon Echo, a data-based Trojan horse mediating our personal lives in increasingly precise but also brutal ways. There is a tendency to understand and evaluate technology according to old-fashioned notions of progress: faster, easier, more efficient and so on. But digitisation, the data that it creates, and the vast networks of dissemination also facilitate the augmenting of darker aspects of human behaviour, targeting our deepest vulnerabilities. How we examine the implications, embrace the ethics, and understand the complexity of these systems are some of the fundamental challenges we face.

Real Prediction Machines

Shortly before the Echo appeared on the market in 2014, Real Prediction Machines addressed many of the issues Amazon’s new device (and others like it) would raise. The speculative project was developed by James Auger in collaboration with designer Jimmy Loizeau, artist Alan Murray, and Edinburgh University data scientist Ram Ramamoorthy, who at the time was developing predictive modelling systems combined with machine learning to predict when professional athletes might sustain an injury through overtraining.

James, Jimmy and Alan began by asking Ram what kind of other things might be predictable through such techniques, such as ‘Will my child become a professional football player’, ‘Will Labour win the next general election’, and ‘Will I suffer a heart attack?’ The words inside the circles of the Bayesian network diagram represent potential variables. In relation to a heart attack they could correspond to something like diet or exercise, the data coming from a supermarket loyalty card, or the accelerometer in your smartphone. Or more finite information such as family history, for example data coming from a genetic testing service like 23andMe.

These variables combine to create a live and ongoing feed into the predictive algorithm. The heart attack example seemed a little too banal due to its obvious connection to wellbeing and the huge growth of data and tracking methods, so the group suggested another question to Ram: Will I have a domestic argument?

The Bayesian network shown above looks similar to the earlier one, but in this instance a microphone was added for live sound input (anticipating the omnipresent Echo). Using machine learning, the system would become better at predicting arguments through the statistical analysis of keywords, tone, and frequency - identifying particular subjects that a couple might commonly fight about.

The output was translated into an object - not an app but something more symbolic, sympathetic. They settled on an ambient device sitting in the background, providing information when you might need it.

The device essentially has three states:

Clockwise means that the argument is moving into the future;

Anti-clockwise means that the argument is approaching, and the slower the rotation the more imminent it is;

When the rotating stops, the argument starts.

Projects like Real Prediction Machines work when it is not completely clear whether the idea is a ‘good’ one or not. Is it too invasive? Is it genuinely helpful? This is how we should think about all potential technologies, but we rarely do.

What happens next? How far away are we from Alexa ordering not biscuits, but a councillor? How much control will we have in the future, and how much do we want to have?

Images:

All diagrams by James Auger; photo of Real Prediction Machines by Sophie Mutevelian.

#reconstrained design #prediction #Amazon Echo #arab spring #gossip

13 notes · View notes

market-research-reports-blogs · 3 years

Text

Flying Taxi Market Forecast to 2026 Available in New Report

Flying Taxi Market Overview:

According to the current analysis of Reports and Data, the global Flying Taxi market was valued at USD 1.3 Billion in 2018 and is projected to grow at a CAGR of 28.59% from 2019 to 2026. Rising need for faster means of transportation is the major factor boosting the growth of the market over the forecasted period.

The latest report offers a comprehensive analysis of the Flying Taxi industry and thoroughly investigates the key industrial aspects including forecast market size, product segmentation, product specifications, major application areas, cost structure, competitive landscape, and company profiles of the leading market players. The report further studies the supply chain cycle and distribution channels of the Flying Taxi market, and it also identifies the key business strategies undertaken by the market players to boost market presence. In addition, some advanced analytical tools like Porter’s Five Forces Analysis, SWOT analysis, feasibility analysis, and investment return analysis have been used by the authors of the report to present quantitative and qualitative analyses of the Flying Taxi market.

Rising urban population leads to an ever increasing amount of traffic on the roads. For distances of more than 20 kilometers, a flying taxi acts as an attractive solution to a conventional taxi, as it can bypass the congested roadway on the ground. Major investments are being carried out by market players to develop better battery technologies. This will lead to an increase in the maximum distance that the flying taxi can be flown to. Flying taxi adds a third dimension to the urban transportation matrix. It also acts as an attractive solution for areas where merely increasing the two dimensional capacity would in no way solve the existing traffic situation. Autonomous flight technology is one of the factors that will lower the operating costs of the flying taxis as the cost rendered due to a pilot will become obsolete. The extra free seat in each aircraft will also boost the potential by facilitating the increase in the payload.

@Get a Free Sample Report on Flying Taxi Market 2021 https://www.reportsanddata.com/sample-enquiry-form/2199

Top Key Players:

Key participants include Airbus (Netherlands), Beechcraft Corporation (U.S.), Boeing (U.S.), Dassault Aviation SA (France), EHANG (China), Volocopter GmbH (Germany), Uber (U.S.), Embraer (Brazil), Gulfstream (U.S.), and Cessna (U.S.).

Component (Revenue, USD Million; 2016–2026)

Hardware

· Actuation Systems

· Flight Controls

· Others

Software

· Flight Management

· Others

Services

Propulsion (Revenue, USD Million; 2016–2026)

· Parallel Hybrid

· Electric

· Turboshaft

· Turboelectric

· Others

Aircraft type (Revenue, USD Million; 2016–2026)

· Multicopter

· Side-by-side aircraft

· Tiltwing aircraft

· Tiltrotor aircraft

· Others

Passenger Capacity (Revenue, USD Million; 2016–2026)

· Less than 3

· 3 to 10

· More than 10

@Ask Any Query on Flying Taxi Market 2021 Size, Share, demand https://www.reportsanddata.com/inquiry-before-buying/2199

Key Reasons to Buy the Report:

The Flying Taxi market report analyzes the global market consumption rate in terms of value and volume.

It comprehensively studies the key segments and sub-segments of the market.

The report is presents a detailed study of the intensely competitive landscape of the market.

The report offers vital information on the leading industry players, along with their market values, sales volumes, and business growth strategies.

Furthermore, the report highlights the strategic developments taking place in the global Flying Taxi market during the forecast period, such as expansions, agreements, mergers & acquisitions, and new product launches.

The global defense industry is poised to gain major traction in the forthcoming years, owing to several growth-inducing factors. Surging incidences of cross-border conflicts and warfare globally increasing, rising government focus on developing robust military & defense forces, and rapid adoption of advanced monitoring and controlling techniques are some of the major factors boosting the growth of this industry. Surging investments in the military & defense sector, rise in initiatives to improve surveillance, growing number of defense and intelligence agencies worldwide, and increasing use of advanced military aircraft such as target drones and UAVs (unmanned aerial vehicles) are other key parameters driving the defense industry growth.

@Get Detailed Report at https://www.reportsanddata.com/report-detail/flying-taxi-market