Global Passenger Drones Market, By Component (Airframe, Controller System, Navigation System, Propulsion System, Others), By Capacity (Up To 100 Kg, Over 100 Kg), By Application (Commercial, Personal), By Rotor (Less Than 10, More Than 10), and opportunities and forecast 2020-2027
Passenger Drones Market Overview
Passenger drones have proven to be a new and safe form of transportation, a time-saving solution for traffic congestion, and a way to reduce hazardous emissions and pollution. The global Passenger Drones market is projected to grow at a considerable rate in the forecast period. Several factors are majorly contributing towards the growth of the market these are increased urbanization in many countries around the world, increasing traffic congestion, and overcrowded roads. Furthermore, rapid technological advancements, a real drop in the cost of manufacturing, and using drones for civilian purposes are other key aspects that support the growth of the global Passenger Drones market.
On the downside, the inability of current passenger drones to stay airborne for long periods, concerns about passenger drone safety, a lack of global regulation to support the industry, a lack of supporting infrastructure, a lack of a comprehensive plan to manage existing air traffic, and a shortage of skilled pilots who can fly these drones are some factors that restrain the growth of the market.
Report Metric
Details
Market size available for years
2019–2027
Base year considered
2019
Forecast period
2020–2027
Forecast unit
Value (USD Million)
Segments covered
Component, Capacity, Application, Rotor, and Region
Regions covered
North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA)
As the COVID-19 pandemic continuing its effect around the world, many defense and aerospace companies are facing its impact during this time around the world. For instance, commercial aviation companies in the U.S., France, Germany, and Canada are facing disruption in the production process and reduced demand as workforces staying at home, passengers stop traveling, and delay in delivery of new aircraft. Analysts expecting a drop from 3,000 to 4,000 aircraft during the pandemic period. On the defense side, contractors operating in the sector are in a better position, hence the impact of the pandemic is likely low in the short to mid-term. However, low demand due to budget constraints affecting the production as in aircraft manufacturing.
Passenger Drones Market Segment Overview
Based on Application, the Commercial segment is expected to grasps the largest share in the market. Whereas, the Personal segment will grow serially in the coming years. In addition to this, many countries are eager to make their roads safer by reducing the number of automobiles on the road. They also want to alleviate the never-ending agony of protracted traffic jams and traffic congestion that can last for miles. Finally, governments all over the world are concerned about air quality and are looking for ways to minimize overall vehicle emissions into the environment. All of these elements are opening up new markets and prospects for passenger drones.
Passenger Drones Market, By Component · Airframe · Controller System · Navigation System · Propulsion System · Others
Passenger Drones Market, By Capacity · Up To 100 Kg · Over 100 Kg
Passenger Drones Market, By Application · Commercial · Personal
Passenger Drones Market, By Rotor · Less Than 10 · More Than 10
Passenger Drones Market Regional Overview
In terms of region, Europe is one of the most prominent regions for the global Passenger Drones market. The large number of drones that are present in many European countries, this key fact rises the growth of the market in this region. Another major reason for high growth in this region is the large concentration of drone manufacturers. Similarly, North America is another major region for the market. The large demand for drones from the general population is one of the main factors that boost the growth of the market. further, the presence of strategic companies is also supported for the market development in this region. The market in the Asia-Pacific region is expected to rise at a considerable rate in the forthcoming period. Most of the demand for drones comes from three countries. These are China, Japan, and South Korea.
Passenger Drones Market, By Geography
· North America (US & Canada) · Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe) · Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific) · LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Passenger Drones Market, Key Players
· Aeromobil · Airbus SAS · Cartivator · EHANG · Joby Aviation · Lilium · Terrafugia · Boeing · Uber Technologies inc · Velocopter Gmbh
Frequently Asked Questions (FAQ) :
Q1. What are the driving factors for the Passenger Drones market?
A. The increased urbanization in many countries around the world, increasing traffic congestion, and overcrowded roads are some key factors that boost the growth of the Passenger Drones market.
Q2. What are the restraining factors for the Passenger Drones market?
A. The inability of current passenger drones to stay airborne for long periods, concerns about passenger drone safety, a lack of global regulation to support the industry, a lack of supporting infrastructure are the key factor hindering the growth of the market.
Q3. Which Segments are covered in the Passenger Drones market report?
A. Component, Capacity, Application, Rotor, and Region, these segments are covered in the Passenger Drones market report.
Q4. Which segment is projected to hold the largest share in the Passenger Drones Market?
A. The Commercial segment is projected to hold the largest share in the Passenger Drones Market.
Q5. Which are the prominent players in the Passenger Drones Market?
A. Aeromobil, Airbus SAS, Cartivator, EHANG, Joby Aviation, Lilium, Terrafugia, Boeing, Uber Technologies inc, Velocopter Gmbh. are some key players in the Passenger Drones Market.
Passenger Drones Market Study Global Market Analysis, Insights and Forecast, 2020-2027
1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1. Key Emerging Trends – For Major Countries
4.2. Latest Technological Advancement
4.3. Regulatory Landscape
4.4. Industry SWOT Analysis
4.5. Porters Five Forces Analysis
5. Global Passenger Drones Market Analysis (USD Billion), Insights and Forecast, 2020-2027
5.1. Key Findings / Summary
5.2. Market Analysis, Insights and Forecast – By Component
5.2.1. Airframe
5.2.2. Controller System
5.2.3. Navigation System
5.2.4. Propulsion System
5.2.5. Others
5.3. Market Analysis, Insights and Forecast – By Capacity
5.3.1. Up To 100 Kg
5.3.2. Over 100 Kg
5.4. Market Analysis, Insights and Forecast – By Application
5.4.1. Commercial
5.4.2. Personal
5.5. Market Analysis, Insights and Forecast – By Rotor
5.5.1. Less Than 10
5.5.2. More Than 10
5.6. Market Analysis, Insights and Forecast – By Region
5.6.1. North America
5.6.2. Europe
5.6.3. Asia Pacific
5.6.4. Latin America, Middle East and Africa
6. North America Passenger Drones Market Analysis (USD Billion), Insights and Forecast, 2020-2027
6.1. Key Findings / Summary
6.2. Market Analysis, Insights and Forecast – By Component
6.2.1. Airframe
6.2.2. Controller System
6.2.3. Navigation System
6.2.4. Propulsion System
6.2.5. Others
6.3. Market Analysis, Insights and Forecast – By Capacity
6.3.1. Up To 100 Kg
6.3.2. Over 100 Kg
6.4. Market Analysis, Insights and Forecast – By Application
6.4.1. Commercial
6.4.2. Personal
6.5. Market Analysis, Insights and Forecast – By Rotor
6.5.1. Less Than 10
6.5.2. More Than 10
6.6. Market Analysis, Insights and Forecast – By Country
6.6.1. U.S.
6.6.2. Canada
7. Europe Passenger Drones Market Analysis (USD Billion), Insights and Forecast, 2020-2027
7.1. Key Findings / Summary
7.2. Market Analysis, Insights and Forecast – By Component
7.2.1. Airframe
7.2.2. Controller System
7.2.3. Navigation System
7.2.4. Propulsion System
7.2.5. Others
7.3. Market Analysis, Insights and Forecast – By Capacity
7.3.1. Up To 100 Kg
7.3.2. Over 100 Kg
7.4. Market Analysis, Insights and Forecast – By Application
7.4.1. Commercial
7.4.2. Personal
7.5. Market Analysis, Insights and Forecast – By Rotor
7.5.1. Less Than 10
7.5.2. More Than 10
7.6. Market Analysis, Insights and Forecast – By Country
7.6.1. UK
7.6.2. Germany
7.6.3. France
7.6.4. Italy
7.6.5. Spain
7.6.6. Russia
7.6.7. Rest of Europe
8. Asia Pacific Passenger Drones Market Analysis (USD Billion), Insights and Forecast, 2020-2027
8.1. Key Findings / Summary
8.2. Market Analysis, Insights and Forecast – By Component
8.2.1. Airframe
8.2.2. Controller System
8.2.3. Navigation System
8.2.4. Propulsion System
8.2.5. Others
8.3. Market Analysis, Insights and Forecast – By Capacity
8.3.1. Up To 100 Kg
8.3.2. Over 100 Kg
8.4. Market Analysis, Insights and Forecast – By Application
8.4.1. Commercial
8.4.2. Personal
8.5. Market Analysis, Insights and Forecast – By Rotor
8.5.1. Less Than 10
8.5.2. More Than 10
8.6. Market Analysis, Insights and Forecast – By Country
8.6.1. China
8.6.2. India
8.6.3. Japan
8.6.4. Australia
8.6.5. South East Asia
8.6.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Passenger Drones Market Analysis (USD Billion), Insights and Forecast, 2020-2027
9.1. Key Findings / Summary
9.2. Market Analysis, Insights and Forecast – By Component
9.2.1. Airframe
9.2.2. Controller System
9.2.3. Navigation System
9.2.4. Propulsion System
9.2.5. Others
9.3. Market Analysis, Insights and Forecast – By Capacity
9.3.1. Up To 100 Kg
9.3.2. Over 100 Kg
9.4. Market Analysis, Insights and Forecast – By Application
9.4.1. Commercial
9.4.2. Personal
9.5. Market Analysis, Insights and Forecast – By Rotor
9.5.1. Less Than 10
9.5.2. More Than 10
9.6. Market Analysis, Insights and Forecast – By Country
9.6.1. Brazil
9.6.2. Saudi Arabia
9.6.3. UAE
9.6.4. Rest of LAMEA
10. Competitive Analysis
10.1. Company Market Share Analysis, 2018
10.2. Key Industry Developments
10.3. Company Profile
10.4. Aeromobil
10.4.1. Business Overview
10.4.2. Segment 1 & Service Offering
10.4.3. Overall Revenue
10.4.4. Geographic Presence
10.4.5. Recent Development
*Similar details will be provided for the following companies
10.5. Airbus SAS
10.6. Cartivator
10.7. EHANG
10.8. Joby Aviation
10.9. Lilium
10.10. Terrafugia
10.11. Boeing
10.12. Uber Technologies inc
List of Figures
Figure 1: Global Passenger Drones Market Revenue Breakdown (USD Billion, %) by Region, 2019 & 2027
Figure 2: Global Passenger Drones Market Value Share (%), By Segment 1, 2019 & 2027
Figure 3: Global Passenger Drones Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 4: Global Passenger Drones Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 5: Global Passenger Drones Market Value Share (%), By Segment 2, 2019 & 2027
Figure 6: Global Passenger Drones Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 7: Global Passenger Drones Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 8: Global Passenger Drones Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 9: Global Passenger Drones Market Forecast (USD Billion), by Others, 2016-2027
Figure 10: Global Passenger Drones Market Value Share (%), By Segment 3, 2019 & 2027
Figure 11: Global Passenger Drones Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 12: Global Passenger Drones Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 13: Global Passenger Drones Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 14: Global Passenger Drones Market Forecast (USD Billion), by Others, 2016-2027
Figure 15: Global Passenger Drones Market Value (USD Billion), by Region, 2019 & 2027
Figure 16: North America Passenger Drones Market Value Share (%), By Segment 1, 2019 & 2027
Figure 17: North America Passenger Drones Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 18: North America Passenger Drones Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 19: North America Passenger Drones Market Value Share (%), By Segment 2, 2019 & 2027
Figure 20: North America Passenger Drones Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 21: North America Passenger Drones Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 22: North America Passenger Drones Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 23: North America Passenger Drones Market Forecast (USD Billion), by Others, 2016-2027
Figure 24: North America Passenger Drones Market Value Share (%), By Segment 3, 2019 & 2027
Figure 25: North America Passenger Drones Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 26: North America Passenger Drones Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 27: North America Passenger Drones Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 28: North America Passenger Drones Market Forecast (USD Billion), by Others, 2016-2027
Figure 29: North America Passenger Drones Market Forecast (USD Billion), by U.S., 2016-2027
Figure 30: North America Passenger Drones Market Forecast (USD Billion), by Canada, 2016-2027
Figure 31: Latin America Passenger Drones Market Value Share (%), By Segment 1, 2019 & 2027
Figure 32: Latin America Passenger Drones Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 33: Latin America Passenger Drones Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 34: Latin America Passenger Drones Market Value Share (%), By Segment 2, 2019 & 2027
Figure 35: Latin America Passenger Drones Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 36: Latin America Passenger Drones Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 37: Latin America Passenger Drones Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 38: Latin America Passenger Drones Market Forecast (USD Billion), by Others, 2016-2027
Figure 39: Latin America Passenger Drones Market Value Share (%), By Segment 3, 2019 & 2027
Figure 40: Latin America Passenger Drones Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 41: Latin America Passenger Drones Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 42: Latin America Passenger Drones Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 43: Latin America Passenger Drones Market Forecast (USD Billion), by Others, 2016-2027
Figure 44: Latin America Passenger Drones Market Forecast (USD Billion), by Brazil, 2016-2027
Figure 45: Latin America Passenger Drones Market Forecast (USD Billion), by Mexico, 2016-2027
Figure 46: Latin America Passenger Drones Market Forecast (USD Billion), by Rest of Latin America, 2016-2027
Figure 47: Europe Passenger Drones Market Value Share (%), By Segment 1, 2019 & 2027
Figure 48: Europe Passenger Drones Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 49: Europe Passenger Drones Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 50: Europe Passenger Drones Market Value Share (%), By Segment 2, 2019 & 2027
Figure 51: Europe Passenger Drones Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 52: Europe Passenger Drones Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 53: Europe Passenger Drones Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 54: Europe Passenger Drones Market Forecast (USD Billion), by Others, 2016-2027
Figure 55: Europe Passenger Drones Market Value Share (%), By Segment 3, 2019 & 2027
Figure 56: Europe Passenger Drones Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 57: Europe Passenger Drones Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 58: Europe Passenger Drones Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 59: Europe Passenger Drones Market Forecast (USD Billion), by Others, 2016-2027
Figure 60: Europe Passenger Drones Market Forecast (USD Billion), by U.K., 2016-2027
Figure 61: Europe Passenger Drones Market Forecast (USD Billion), by Germany, 2016-2027
Figure 62: Europe Passenger Drones Market Forecast (USD Billion), by France, 2016-2027
Figure 63: Europe Passenger Drones Market Forecast (USD Billion), by Italy, 2016-2027
Figure 64: Europe Passenger Drones Market Forecast (USD Billion), by Spain, 2016-2027
Figure 65: Europe Passenger Drones Market Forecast (USD Billion), by Russia, 2016-2027
Figure 66: Europe Passenger Drones Market Forecast (USD Billion), by Rest of Europe, 2016-2027
Figure 67: Asia Pacific Passenger Drones Market Value Share (%), By Segment 1, 2019 & 2027
Figure 68: Asia Pacific Passenger Drones Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 69: Asia Pacific Passenger Drones Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 70: Asia Pacific Passenger Drones Market Value Share (%), By Segment 2, 2019 & 2027
Figure 71: Asia Pacific Passenger Drones Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 72: Asia Pacific Passenger Drones Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 73: Asia Pacific Passenger Drones Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 74: Asia Pacific Passenger Drones Market Forecast (USD Billion), by Others, 2016-2027
Figure 75: Asia Pacific Passenger Drones Market Value Share (%), By Segment 3, 2019 & 2027
Figure 76: Asia Pacific Passenger Drones Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 77: Asia Pacific Passenger Drones Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 78: Asia Pacific Passenger Drones Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 79: Asia Pacific Passenger Drones Market Forecast (USD Billion), by Others, 2016-2027
Figure 80: Asia Pacific Passenger Drones Market Forecast (USD Billion), by China, 2016-2027
Figure 81: Asia Pacific Passenger Drones Market Forecast (USD Billion), by India, 2016-2027
Figure 82: Asia Pacific Passenger Drones Market Forecast (USD Billion), by Japan, 2016-2027
Figure 83: Asia Pacific Passenger Drones Market Forecast (USD Billion), by Australia, 2016-2027
Figure 84: Asia Pacific Passenger Drones Market Forecast (USD Billion), by Southeast Asia, 2016-2027
Figure 85: Asia Pacific Passenger Drones Market Forecast (USD Billion), by Rest of Asia Pacific, 2016-2027
Figure 86: Middle East & Africa Passenger Drones Market Value Share (%), By Segment 1, 2019 & 2027
Figure 87: Middle East & Africa Passenger Drones Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 88: Middle East & Africa Passenger Drones Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 89: Middle East & Africa Passenger Drones Market Value Share (%), By Segment 2, 2019 & 2027
Figure 90: Middle East & Africa Passenger Drones Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 91: Middle East & Africa Passenger Drones Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 92: Middle East & Africa Passenger Drones Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 93: Middle East & Africa Passenger Drones Market Forecast (USD Billion), by Others, 2016-2027
Figure 94: Middle East & Africa Passenger Drones Market Value Share (%), By Segment 3, 2019 & 2027
Figure 95: Middle East & Africa Passenger Drones Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 96: Middle East & Africa Passenger Drones Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 97: Middle East & Africa Passenger Drones Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 98: Middle East & Africa Passenger Drones Market Forecast (USD Billion), by Others, 2016-2027
Figure 99: Middle East & Africa Passenger Drones Market Forecast (USD Billion), by GCC, 2016-2027
Figure 100: Middle East & Africa Passenger Drones Market Forecast (USD Billion), by South Africa, 2016-2027
Figure 101: Middle East & Africa Passenger Drones Market Forecast (USD Billion), by Rest of Middle East & Africa, 2016-2027
List of Tables
Table 1: Global Passenger Drones Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 2: Global Passenger Drones Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 3: Global Passenger Drones Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 4: Global Passenger Drones Market Revenue (USD Billion) Forecast, by Region, 2016-2027
Table 5: North America Passenger Drones Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 6: North America Passenger Drones Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 7: North America Passenger Drones Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 8: North America Passenger Drones Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 9: Europe Passenger Drones Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 10: Europe Passenger Drones Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 11: Europe Passenger Drones Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 12: Europe Passenger Drones Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 13: Latin America Passenger Drones Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 14: Latin America Passenger Drones Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 15: Latin America Passenger Drones Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 16: Latin America Passenger Drones Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 17: Asia Pacific Passenger Drones Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 18: Asia Pacific Passenger Drones Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 19: Asia Pacific Passenger Drones Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 20: Asia Pacific Passenger Drones Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 21: Middle East & Africa Passenger Drones Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 22: Middle East & Africa Passenger Drones Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 23: Middle East & Africa Passenger Drones Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 24: Middle East & Africa Passenger Drones Market Revenue (USD Billion) Forecast, by Country, 2016-2027
