#Drone Taxi Market Value | Explore Tumblr Posts and Blogs

thehorrortree · 1 year

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Deadline: December 4th, 2023 Payment: Contributors Copy Theme: War Poems about Emerging & Future Tech Middle West Press LLC, an independent micro-publisher of military-themed and -adjacent literary projects, has issued a call for human-generated poems engaging with “Giant Robot” technology themes. This is a "speculative poetry" market. What is a "Giant Robot" theme? For this project, the term "Giant Robots" can include examples of technologies in timelines both real and imagined, and of any size or (even formless) form. Living Ships. Loitering Drones. Taxi-cab AI. Robot Tanks. Virtual Soldiers. Space Explorers. Mecha-suits. In short, any vessel for exploring themes of human-electro-mechanical-cyber interaction, connection, and competition. The working title of this project is Giant Robot Poems: Poetry About Mecha-Human Science, Culture & War. Editors of the project write: Our intent with this project is to have fun, but also to illuminate, interrogate, and challenge (via the still-human domain of poetry!!!) the ways people think about emerging and future technologies such as robots and drones, Artificial Intelligence (AI), cybernetic enhancements, etc. We are looking for terrain-shifting, mind's-eye-bending, firmament-rending expressions of new and future realities. Be provocative. Be poignant. Be human. Even if you write like a Giant Robot. Ideally, many of the works submitted will engage such questions as: How does technology potentially change human behavior / culture / society? How does technology potentially change human behavior ethics / values? How does technology potentially change the ways humans fight / love / think / feel? Many examples of "Giant Robot-ness" exist in today's news and culture. As a starting point or prompt, our editors offer a list of examples and inspirations. In creating and crafting their own, original concepts and works, poets might consider various modes of commenting, observing, or even inhabiting technologies, mythologies, or stories depicted in these and other venues: Giant Robots in Modern News & Modern War. Examples & inspirations include: Tactical Drones & "Loyal Wingman" concepts Battlefield Robots & Security Drones & Dog-bots Exoskeletons / Powered Armor / Battlesuits / "Iron-Man" Suits Giant Robots in Literature. Examples & inspirations include: Keith Laumer's Bolos "Living Ships," such as those of Anne Leckie's Imperial Radch trilogy; Fred Saberhagen's Berserkers; Anne McCaffrey's "Brain & Brawn Ships" Martha Wells' Murderbot Diaries series Robert Heinlein's Starship Troopers (1959) Frankenstein's monster from Mary Shelley's 1818 book; Golems and other fantastical constructed creatures Giant Robots in TV, Toys, Movies & Animation. Examples & inspirations include: "The Iron Giant" (Warner, 1999) "Giant Robo" a.k.a. "Johnny Sokko & His Flying Robot" (1967); "Gigantor" (1963) a.k.a. "Tetsujin 28-go" "Mobile Suit Gundum" (1979) Transformers Voltron; "Titan Maximum" Rock'Em Sock'Em Robots; "Real Steel" (DreamWorks, 2011) Giant Robots in Comics. Examples & inspirations include: Marvel Comics' mutant-hunting Sentinels Giant Robot Maintenance Crew (Cosmic Times, 2017); Mech Cadet Yu (Boom, 2017); Giant Robot Warriors (AiT/PlanetLar, 2004) Giga (Vault Comics, 2020); The Monuments (2023); 20th Century Men (Image, 2023): We Ride Titans (Vault, 2022) Giant Robots in Video & War Games. Examples & inspirations include: OGRE (Steve Jackson Games, 1977-present) BattleTech/MechCommander franchise (FASA) Iron Harvest (King Art, 2020) Titanfall 2 (Electronic Arts, 2016) Pizza Titan Ultra (2018) SUBMISSION GUIDELINES: Deadline for submissions is Dec. 4, 2023. Notifications will be sent not later than Jan. 1, 2024. Target publication date for this project is April 2024. Submit from 1 to 3 poems in the same file (.DOC or .DOCX). Work generated using ChatGPT and similar computer-assisted word "AI" will NOT be accepted. Human-generated poems only, please.

New and original work is preferred. Please note in cover letter whether specific works have previously been published elsewhere. Simultaneous submissions are accepted. Please notify the editors via Submittable if one of more poems becomes unavailable during the consideration period. Publisher requests non-exclusive, worldwide, English-language print and e-book anthology rights. Contributors will receive one complimentary print or digital (where postal delivery is not available) contributor's copy. Submit work via the publisher's Submittable page here at this link. Via: Middle West Press.

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globalgrowthinsights · 2 months

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Fast Food and Quick Service Restaurant Market Developments, Trends & Opportunities till 2032

Fast Food and Quick Service Restaurant Market provides in-depth analysis of the market state of Fast Food and Quick Service Restaurant manufacturers, including best facts and figures, overview, definition, SWOT analysis, expert opinions, and the most current global developments. The research also calculates market size, price, revenue, cost structure, gross margin, sales, and market share, as well as forecasts and growth rates. The report assists in determining the revenue earned by the selling of this report and technology across different application areas.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Fast Food and Quick Service Restaurant in these regions till the forecast period

North America

Middle East and Africa

Asia-Pacific

South America

Europe

Key Attentions of Fast Food and Quick Service Restaurant Market Report:

The report offers a comprehensive and broad perspective on the global Fast Food and Quick Service Restaurant Market.

The market statistics represented in different Fast Food and Quick Service Restaurant segments offers complete industry picture.

Market growth drivers, challenges affecting the development of Fast Food and Quick Service Restaurant are analyzed in detail.

The report will help in the analysis of major competitive market scenario, market dynamics of Fast Food and Quick Service Restaurant.

Major stakeholders, key companies Fast Food and Quick Service Restaurant, investment feasibility and new market entrants study is offered.

Development scope of Fast Food and Quick Service Restaurant in each market segment is covered in this report. The macro and micro-economic factors affecting the Fast Food and Quick Service Restaurant Market

Advancement is elaborated in this report. The upstream and downstream components of Fast Food and Quick Service Restaurant and a comprehensive value chain are explained.

Browse More Details On This Report at @https://www.globalgrowthinsights.com/market-reports/fast-food-and-quick-service-restaurant-market-100554

Global Growth Insights

Web: https://www.globalgrowthinsights.com

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sangamswami · 5 months

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Navigating the Growth Trajectory: Insights into the Commercial Drone Market

The Commercial Drone Marketis poised for robust growth, projected to escalate from USD 5.3 billion in 2024 to USD 9.3 billion by 2029, exhibiting a commendable CAGR of 11.2%. This surge in market value can be attributed to the escalating adoption of Unmanned Aerial Systems (UAS) in commercial applications worldwide, driven by their cost-effectiveness and technological advancements.

Advancements in drone technology have led to their potential use in diverse applications such as inspection & monitoring, surveying & mapping, and cargo delivery. These advancements are fueling the demand for commercial drones, driving market growth.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=66171414

The logistics & transportation segment is expected to witness the highest growth rate during the forecast period. With the global e-commerce sector booming, postal companies are exploring innovative delivery methods, including the use of commercial drones for faster and more efficient deliveries.

The acceptance of drones in commercial applications is witnessing a steady rise globally. These drones are in high demand due to their ability to enhance operational efficiency, safety, and cost-effectiveness across various industries such as agriculture, delivery services, and infrastructure inspection.

Passenger drones are anticipated to register significant growth, offering convenient aerial transportation solutions. With the emergence of drone taxis, the passenger drone segment is expected to witness substantial expansion, catering to the growing demand for high-speed aerial transportation.

The Asia Pacific region is identified as a high-growth potential market for the Commercial Drone industry. China and India, in particular, are witnessing a surge in drone manufacturers and increased procurement of military drones, driving market growth in the region. China leads the Asia Pacific Commercial Drone Market, fueled by the surge in e-commerce demand and the need for innovative logistics solutions.

Major players in the Commercial Drone Market include DJI (China), Parrot Drone SAS (France), EHANG Holdings Limited (China), Aerovironment, Inc. (US), and The Boeing Company (US). These companies are at the forefront of driving innovation and shaping the future of the commercial drone industry.

Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=66171414

The Commercial Drone Market is poised for remarkable growth With increasing adoption across industries, advancements in functionality, and a shift towards autonomous operations. The surge in demand for commercial drones, coupled with the emergence of new applications and technological advancements, underscores the promising future of this dynamic industry.

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.

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

#aviation #aircraft

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gayatrigunjkar · 11 months

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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.

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#aircraft #insurance

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dips-123s-blog · 1 year

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intel-analytics360 · 1 year

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Drone Taxi Market Forecast 2024 to 2032

Drone taxis, also known as flying taxis or air taxis, are an emerging mode of transportation that aims to provide autonomous, on-demand aerial transportation for passengers. These vehicles are typically small, electric-powered aircraft designed to carry a limited number of passengers, usually between one and four.

The Drone Taxi Market was valued at USD 9.87 Million in 2022 and is expected to register CAGR of 64.2% by 2032.

Increasing traffic congestion in urban areas is a major driver for drone taxis. Drone taxis are typically electric-powered, making them an attractive option for environmentally conscious individuals and cities aiming to reduce carbon emissions.

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#DroneTaxi #UrbanMobility #AirTransport #FutureOfTransportation #AerialMobility #AutonomousDrones #UrbanAirMobility #DroneTechnology #FlyingCars #InnovationInTransport #AirTaxi #TransportationRevolution #UrbanAviation

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stevecarell600 · 2 years

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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

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amitkotstar123 · 4 years

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Building Business With Free Online Classified Ads

One time sellers and long term sellers can cash in on the advantages of free online classifieds. Despite the service is given to you free of cost, free online classifieds ad websites offer great service in helping you sell your products.

Free online classifieds websites generally are of two kinds - some have an option for upgrading your free classified ad to a paid one and for others it is completely free. Completely free online classifieds ads websites find revenue by attracting advertisers who like to include text links or banners pointing to their websites.

Either way, one can get online classifieds ad placing for free. Good free classifieds ads websites have some moderation to filter the ads that appear in the website. This is to avoid such items like illegal to trade items from showing up in the classifieds ads listings.

The completely free for all, no moderation websites offer little value to either visitors or advertisers as the whole site will be spawned with thousands of advertisements that have no real value to the visitors.

Businesses looking to build their business with online free classified ads should take necessary care to avoid such websites that are open for all and no moderation. The only thing will be lose of time.

Online classifieds ads free websites that offer to place free classified ads should have human filtering system. Sites that don't maintain its integrity this way will not easily be recognized as good websites, even though they offer the service free of cost.

Online classifieds ads websites that allow you to place classifieds ads do collect your email address and use the email address to sell you products, software and other schemes for advertising your products.

This is actually a downside of free classifieds ads websites. They first attract you with a genuine offer by giving you an option to post your classified ads for free. Then they will also send you emails, telling you about further great opportunities to post your ad for a fee.

Many people who actually use free classifieds ads websites signup for a new @yahoo.com or @gmail.com account for the sole purpose of managing free classifieds ads accounts.

You can get maximum mileage out of your free online classifieds ads if you apply the basics of classifieds ads writing. Think what your prospective customers will be looking for while they read classifieds ads put by you. Draft your free classifieds ads in such a way to appeal to that requirement.

In simpler words, imagine yourself as a buyer of that specific product and imagine you are looking for that product. What product description will attract you the most? Which product description will be believable to you? And what ads will be able to sell you the product. Make sure to apply the answers of those questions in your ad.

Also use different variations of same ad and see which ones perform well and which ones are bad. Take a note of the ads that perform well. Never stop testing new ads.

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kotstarsingapore · 4 years

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nita-world · 2 years

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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

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check-inasia · 6 years

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Decoding Asia’s Shifting Travel & Lifestyle Landscape

A quick check of the calendar tells us there are just 11 weeks left of 2018… and counting. As Asia’s highly competitive travel and lifestyle sectors cautiously prepare for the uncertain backdrafts of a China-US trade war, possible currency fluctuations and jittery GDP announcements, Check-in Asia rewinds another eventful year of trends tracking.

How has Ctrip contributed to the Chinese Travel Revolution?

In 2018, we teamed up with EyeforTravel to produce a timely report charting the local, regional and global rise of Ctrip, China’s leading online travel agent which celebrates its 20th anniversary in 2019. An accompanying White Paper takes a broader look at China’s fast-changing online travel market, and assesses Ctrip’s cashed-up challengers, Meituan-Dianping, Fliggy and Tongcheng-Elong (which Ctrip part-owns alongside Tencent), the proliferation of activities-based booking platforms, and the prospects for Chinese travel should the value of the RMB weaken in 2019.

Does Macau’s new family-friendly focus open up the casino-tourism market for Cambodia and Japan?

Tourism is the mainstay of Macau’s economy, and casino gaming has been the primary revenue driver since 2004. A policy shift towards family and business-oriented tourism, however, means new destination marketing tactics are designed to entice more visitors from South East Asia, Japan and Korea, and reduce the reliance on visitors from Mainland China. Check-in Asia partnered with Mintel to track the tourism challenges faced by Macau, particularly as Cambodia and Japan target investors in the lucrative casino travel market.

How are brands and retailers responding to changing consumer aspirations in South East Asia?

Urban consumers across the 10 countries of ASEAN are embracing smart technologies, and expect brands and travel providers to constantly upgrade their service offerings. Each month, we round-up new innovations created to make travel, living and working more fun and more convenient in Thailand and Indonesia. Recent themes include revolutions in home-delivery, free bus rides in exchange for used plastics, low-altitude drone taxi tests and concerns over a digital citizen database. Travel-inspired observations range from the coastal marine trash overload and photo-shaming visitors who post social media images disrespecting the spiritual significance of ancient ruins to a rumoured CIA ‘Black Site’ that is now a historic tourism attraction.

What are the next “Big Things” in Asian tourism and lifestyle?

With aspirational Asian travellers likely to continue driving change across the tourism industry, we are fine-tuning our upcoming 2019 report. In the meantime, here’s a rewind of the 2018 Top 10 Asian Travel Trends, published in December 2017, which sifted through the segments and sectors we thought would dominate the travel landscape.

The post Decoding Asia’s Shifting Travel & Lifestyle Landscape appeared first on Check in Asia.

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research-on-future · 3 years

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Electric Aircraft Market Report – Key Players, Technology, Platform and Forecast to 2030

The Covid-19 pandemic has affected various industries and businesses across the globe, but the aviation industry is poorly impacted. However, the electric aircraft market is not affected much by the coronavirus pandemic compared to the aviation industry. So, the global market for electric aircraft is projected to rise from $27.7 billion to $7.9 billion by 2030. Militaries widely utilize electrical UAVs for various missions such as border security; governments and law enforcement agencies use them on an experimental basis.

Request Sample for this Report https://www.businessworldeco.com/request-sample/70/

Depending on the segment, the light and ultralight segment of the Electric Aircraft market is estimated to boost the largest market size. Furthermore, depending on the electric aircraft platform, different technological advancements and modernization are also predicted to increase the demand. In addition, the adoption of Low noise electric UAVs is rising in the military and civil applications that foster the electric aircraft market rise in upcoming years.

Moreover, Retail and other logistics organizations are looking at the utilization of electric UAVs to distribute vital products due to intermittent lockdowns and the social distancing rules worldwide. Civil and commercial applications of electric aircraft include transportation of medical supplies by businesses such as zipline and primarily for aerial photography. Whereas in developed countries like the US, eCommerce companies like Amazon and USP have already raised their utilization of electric drones for their deliveries. Electric drones are also experiencing a rising application in Africa. They are being used as the art of EMS services to supply medicines and amenities and transport organs and blood across cities. These factors have helped the electric aircraft market to sustain the overall impact of the COVID-19 pandemic on the global economy aircraft for cargo applications and different aerial mission-specific activities.

Depending on the system, the battery segment is predicted to increase at the highest CAGR value for the electric aircraft market during the estimated period. Batteries are the most common onboard energy storage components of electric aircraft due to their relatively high storage capacity. Furthermore, modern batteries are mostly rechargeable and are lithium-based. Therefore, advancements in battery power density would be the driving factor for this segment.

Depending upon the type, the evolution in the complexity of the mission of both military aircraft markets during the estimated period. In addition, limited runways will lead to increasing adoption of these wing types. Based on the technology, the VTOL segment is estimated to grow at the highest CAGR value for the aircraft landing gear market during the forecast period. Most of the civil eVTOL aircraft are designed for urban air mobility, air taxis, medical assistance, and personnel passenger transportation.

The Electric Aircraft market in North America is projected to hold the highest market share during the forecast period. North America accounted for the largest share of 34.3% of the electric aircraft market and is expected to grow at a CAGR of 16.1% during the forecast period. The US has the largest UAV fleet used in military and civil applications. In addition, the early adoption of electric aircraft for urban air mobility is also being witnessed in the US. These factors are expected to drive the market in North America.

Buy Complete Report @ https://www.businessworldeco.com/buy-now/70/

Breakdown Primaries:

By Region: North America–55%; Europe–27%; Asia Pacific–9%; and Rest of the World–9%

By Company Type: Tier 1–49%; Tier 2–37%; and Tier 3–14%

By Designation: C Level–55%; Directors–27%; and Others–18%

#electric aircraft #aircraft

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market-research-reports-blogs · 3 years

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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

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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.

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Body Armor Plates Market

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indianbusinesstimes · 3 years

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Meet The Founder Of Omnipresent, Aakash Sinha; The Man Who Aided India To Reach The Moon!

Regarded as one of the pioneers in robotics and drone technology in India, Omnipresent Robot Tech was established in 2009 with a vision encapsulating the potential of drone technology in the country. In an exclusive interview with Indian Business Times, the Founder and CEO of Omnipresent, Aakash Sinha, takes us through his momentous journey.

He has a technical background with MS in Robotics from Carnegie Mellon University in the US. To apply his knowledge and gain some experience with research, he took on the roles of Research Scholar and Robotics Research Scientist at Lockhead Martin, which is a company active in the Aerospace Technology space. Being fascinated by robots, he, then joined another American firm, iRobot Corporation which designs and builds consumer robots.

It was post this experience that he decided to take the plunge and establish his own firm under the moniker, Omnipresent Robot Tech in 2009. The idea was to make robots, which was his area of expertise by then, into flying drones for applications that the world would witness only after a few years. Starting from there, to being the man to develop software for the mighty Chandrayaan - 2, Aakash Sinha and Omnipresent have surely come a long way. During this interview, Sinha elaborates what Omnipresent does, what are the potential areas of applications that are yet to be explored and some valuable tips for all the budding entrepreneurs out there sitting on the fence. So, without any further ado, let us get into this adventurous journey which is bound to get you motivated to follow your dreams as well.

“This kind of technology (Drone Technology) is something that people call disruptive technology. It has the potential to fundamentally change the way life, business and work are conducted.” - Aakash Sinha told Indian Business Times.

Humble Beginnings

The first (of many) landmark achievements that came Omnipresent’s way was the application in one of India’s largest oil refineries. Aakash Sinha demonstrated the use of a drone to monitor the defects and real-time parameters in the refinery which was done manually prior to that. The problems with that were the risk of life (because a person had to climb on the towers without any dedicated safety equipment) and heavy dependence on the data provided by that individual. Now, as one could imagine, the room for human error and inaccurate reading or information is very high in such situations. The drone technology solved these problems by being unbiased messengers which relayed the real-time images and information about the situation of the components and monitor everything. Resultantly, the drones were able to bring forth the issues that even the refinery personnel were unaware of. Realizing the immense value of drone technology, Omnipresent bagged its first project with the oil refinery and never looked back.

“Won’t be surprised to see the consumer drone market flourish where everyone might own a personal drone just the way they carry their mobile phones. It could be their companion on a solo trip to click selfies, record videos and capture the moments on a vacation.”

Current Applications

Arguably the most prestigious project undertaken by Omnipresent was developing the software for creating 3D images from a regular pair of images by Chandrayaan - 2 through its Rover, Pragyaan to map out the surface of the moon. This helps the Rover to navigate its way around the obstacles and generate a 3D model of the terrain of the lunar landscape. By creating this model, it became easier to simulate the Rover and enable movement from earth remotely. The very same rover is being sent with Chandrayaan - 3 with a comprehensive tech support from Omnipresent. Evidently, it is an ambitious project and reflects the company’s vision to create something affordable and simple but effective.

Apart from this ground-breaking concept, the drones and robots from Omnipresent find usage in surveying, surveillance and inspection in large industrial establishments. The biggest industrial giants in India including Reliance, Adani and Aditya Birla Group reap the benefits of these services. Furthermore, Omnipresent has already secured projects from 6 State Governments in the areas of mapping, surveying and other sectors after having realised the potential of drone technology. The amount of cost and time saving through the use of drones is simply unparalleled and almost unthinkable just a decade ago. The other prominent services of Omnipresent entail cleansing of water bodies, enabling remote services during the Covid times, IOT (Internet of Things) based video analytics for vivid and sharp videos and images from the sites where drones are used, precision agriculture for spraying the right amounts of insecticides, pesticides, fertilizers and irrigation using drones and robots, detecting a failure in a crop to ensure quick corrective response.

“I see drones as flying robots. They can move by themselves and sense their surroundings. According to the situation, they can react as well. There was a tremendous need in India for something like that back when I started Omnipresent in 2009 and not a lot of people were doing it.”

Future Potential

The future prospects of drone technology are undeniably massive. As a matter of fact, we are at that stage of evolution of this technology that we can’t fathom the full-scale utilization of this technology. If you think we are exaggerating, consider the example of something we have all lived through, the Internet. Back in 1983, when the Internet is believed to be invented, could anyone have ever thought that it could allow us to watch someone a thousand miles away or get you anything you wish right at your doorstep? Even after almost 4 decades of the Internet, we are finding new applications. The drone technology is merely a decade old and the future is beyond comprehension.

However, we could see where it is headed and what the plans are for the next few years. In a few years’ time, drones will be used extensively for food and parcel deliveries, e-commerce and fast commerce, drone taxis which can cover hundreds of kilometres, mapping which would be used to measure every centimetre of ground in India and have the digital information available in any part of the country, complete overhaul in the drone-based agriculture which employs over half of country’s population, industrial assessments like communication towers, power lines, factory chimneys, cooling towers, surveying and constructing roads and highways as announced by the NHAI (Nation Highway Authority of India), Railway track maintenance, defence arsenal, passenger carriers for inter-city commute and much more.

The idea is to bring transparency for everyone involved so that the overall efficiency could be enhanced significantly. For the tech savvy, Omnipresent envisions that the most relevant future drone technology would be something known as the “Drone Nerve Center”. This could enable virtually any number of drones to be connected to a central headquarters to send and receive data and initiate the desired actions. Again, this software has been used in Pragyaan, the rover of Chandrayaan - 2, for perception and navigation. “All these are areas which we already know about and the trials have also begun in a few of these” – Aakash Sinha is confident that there will be at least 2 or 3 unicorns from this field in the immediate future and Omnipresent will be one of them. To put it simply, the possibilities are infinite.

“Not a lot of people know this, but Agriculture is a sector which will be highly driven by drones in a few years’ time. Over 50% of the Indian population finds employment in agriculture. Drones will be able to release adequate amounts of pesticides and diagnose problems in the crops timely, thereby cutting down input cost and boosting agriculture yield upto 20%.”

Commercial Drone Technology Requirements

Beginning to be used much more extensively, the Government realizes the potential and relevance of promoting drone technology in India. Consequently, the Govt. has announced a few relaxations to this formerly tightly restricted and regulated space. This has proven to be a boon to the companies in this space. The DGCA (Directorate General of Civil Aviation) has over 300 designated “green zones” where even the large drone (max weight 500 kg) would not require any permission to fly unto 400ft. In these areas, even long-range drone flights, night operations, variable payloads, deliveries and spraying are permitted. The “yellow zones” would require an automated permission to fly unto 200ft keeping 12 km away from the installations and airports. Furthermore, the drone weighing less than 250 g will not even require NPNT (No Permission No Takeoff) from the DGCA or the Government. Drone heavier than 2 kg would require a government-trained pilot but going forward, the Govt. might grant exemptions from these regulations on a case-by-case basis. Aakash Sinha has applied himself tirelessly to receive all the certificates and licenses to fly the drones legally in India.

“We must laud the Government for the visionary policy relaxations to allow drone industry to grow exponentially. From being a heavily regulated space, the drone industry has become almost self-regulatory. This decision will attract myriad new investors to this sector”.

Valuable Lessons for Upcoming Entrepreneurs

It is not every day that one gets the guidance of someone for free, who has achieved so much in his field of expertise. We recommend you make the most of it by trying to apply these words of wisdom by the man himself. During the interview, when asked about how an entrepreneur should go about building his business, handle the company/products and tackle the investors, Aakash Sinha had the following gems to share.

• An entrepreneur should not be passionate about the product blindly, but must have some actual data to ensure that the idea he is investing his time and resources in, has a chance to become successful.

• An entrepreneur must relentlessly focus on improving his/her product or services every single day.

• One must always look for the right investor and not anybody who is willing to throw his/her money around.

• Ideally, the vision of the company must align well with the investors to achieve maximum potency.

• Chase the big dreams but don’t think that you will always succeed, also be prepared for failures. Constant learning from failures are the stepping stones to big success.

“The future of drone technology lies in the software. With new requirements, you will relentlessly need to keep updating the software for drones. If you are someone who is interested in software programming, the drone industry is bound to be the future-proof space, especially in India” – Concludes Aakash Sinha.

#omnipresent #dronestechnology #technology #drones

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latestglobalmarketresearch · 3 years

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Ultralight and Light Aircraft Market by Aircraft Type (Ultralight & Light Aircraft) - Global Forecast to 2030

The global ultralight and light aircraft market size is expected to grow from USD 5.5 billion in 2020 to USD 11.6 billion by 2030, at a CAGR of 7.7% during the forecast period.Increasing demand for ultralight aircraft for air taxi, recreational flights, and medical applications in the Asia Pacific and Europe is one of the major factors driving this market.

The ultralight and light aircraft market is expected to witness substantial growth during the forecast period, due to the increase in demand for urban air mobility, rapid commercialization of passenger drones, and demand for recreational flights.

By aircraft type, the ultralight aircraft segment is expected to grow at the higher CAGR during the forecast period. The demand for ultralight aircraft type is higher from commercial and civil applications. Adaptability of the latest technology by civil & commercial end users is expected to drive the growth ultralight aircraft market during the forecast period. Whereas, on the basis of end use segment, the market is divided into civil & commercial and military, which has been further segmented for different applications. Rise in the demand for the personal air mobility by civil aircraft owners is expected to drive the demand for the civil & commercial end use segment during the forecast period.

Explore Key Influencing Factors & More: https://www.marketsandmarkets.com/Market-Reports/ultralight-aircraft-market-181448279.html

Based on technology, the ultralight and light aircraft market is segmented in to unmanned and manned. The unmanned technology segment is expected to grow at the highest CAGR during the forecast period. Rise in demand for unmanned aircraft from the military end use segment and rapid commercialization of the passenger drone technology is expected to drive the overall demand in the ultralight and light aircraft market.

Based on region, the ultralight and light aircraft market has been segmented into 5 regions, namely, North America, Europe, Asia Pacific (APAC), Latin America and Middle East & Africa. The Asia Pacific ultralight and light aircraft market is projected to grow at the highest CAGR during the forecast period from 2020 to 2030. The ultralight and light aircraft market in the region is expected to witness significant growth due to demand from emerging economies, specifically countries, such as China, Japan, Australia, and India, for the use of unmanned aerial vehicles for civil & commercial applications.

Middle East & Africa are among the fastest-growing regions for the ultralight and light aircraft market. The growth of the market in Middle East is driven by the increase in air travel in the region. An increase in aircraft orders for light aircrafts across the globe is a major driver for the rise in aircraft deliveries from Middle East. The rise in the deliveries of ultralight and light aircraft from the region is driving the market growth of the entire Latin American ultralight and light aircraft market. In addition, considerable growth in trade and tourism is among the crucial factors anticipated to fuel the regional demand for the ultralight and light aircraft. The growth of the market in Africa is driven by the increase in VVIP and business transport in the region, as well as the growth in the tourism sector. An increase in orders for ultralight and light aircraft from the region is a major driver for the rise in ultralight and light aircraft to Africa.

Key Companies Outlook

Major players operating in the ultralight and light aircraft market include Cirrus Aircraft (US) Costruzioni Aeronautiche TECNAM (Italy), Flight Design General Aviation (German), Pilatus (Switzerland), Piper Aircraft (US) and Textron (US) among others. These companies have well-equipped manufacturing facilities and strong distribution networks across North America, Europe, Asia Pacific, Latin America.

Extron (US) is one of the leading manufacturers of ultralight and light aircraft across the globe. Bell Helicopter, a Textron Inc. company, revealed the configuration and full-scale vertical-takeoff-and-landing (VTOL) air taxi vehicle during CES in January 2019. The air taxi, Bell Nexus, is powered by a hybrid-electric propulsion system and features Bell’s signature powered lift concept incorporating 6 tilting ducted fans that are designed for safe and efficient air travel. Whereas, in April 2018, Textron Aviation announced at ABACE 2018 (Asian Business Aviation Conference and Exhibition) receiving orders for 52 Cessna Skyhawk aircraft. Hairuo General Aviation Co., Ltd. ordered 39 aircraft, while Hubei Sky-Blue International Aviation Academy Co., Ltd ordered 13 aircraft

Pilatus Aircraft (Switzerland) is one of the global leaders offering new advanced ultralight and light aircraft to civil as well as military end users. The company has undertaken investments to expand its share in the ultralight and light aircraft market. In October 2018, the company opened a new PC-12 and PC-24 facility in Broomfield, Colorado US which is expected to enhance the company’s production capacity. In January 2020, Spanish Air Force singed a contract worth more than USD 220 million with Pilatus for 24 PC-21 trainer aircraft.

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