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Analysis of Urban Air Mobility and the Evolving Air Taxi Landscape, 2019
Air Taxi Services are Expected to Commence in 2022 in Dubai and Expand Gradually at a 45.9% CAGR and Reach at Least 430,000 Units in Operation Globally by 2040
  • The influx of established aerospace, automotive and technology companies into the urban air mobility (UAM) market, backed by technological advancements and government initiatives, is expected to drive the air taxi market. Air taxi operations are forecast to commence in 2022 in the Middle East and grow at a compound annual growth rate (CAGR) of 45.9% to reach 430,000 units in operation globally by 2040.

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