At 29.5% CAGR, Passenger Drones Market Size Set to Register 1419.5 million USD by 2026

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Jan 06, 2021 (Market Insight Reports) —
Selbyville, Delaware Market Study Report LLC has added a new report on Passenger Drones market that provides a comprehensive review of this industry with respect to the driving forces influencing the market size. Comprising the current and future trends defining the dynamics of this industry vertical, this report also incorporates the regional landscape of Passenger Drones market in tandem with its competitive terrain.

The global passenger drones market is estimated to reach USD 1,419.5 million by 2026 growing at a CAGR of 29.5% during the forecast period, according to a new study. Passenger Drones are move people for short to medium distances.

The well-known companies profiled in the passenger drones market report include Ehang, Volocopter GmbH, AeroMobil, Joby Aviation, Uber Technologies Inc., Boeing, Airbus S.A.S., Astro Aerospace, Cartivator, Lilium, and Terrafugia among others.

Request Sample Copy of this report athttps://www.marketstudyreport.com/request-a-sample/1868579?utm_source=marketwatch.com&utm_medium=AG[1]

Being capable of vertical takeoff and landing (VLOT), these can replace driving on roads in cities. Passenger Drones will solve the problem of transport during peak travel time and overcoming obstacles like bridges or lakes. Not just daily commute, passenger drones can be of great significance in adversities and be used for rescue, search operations, emergency supply delivery or air ambulance.

The report ‘Passenger Drones Market Share, Size, Trends, & Industry Analysis Report, By Component (Hardware, Software, Services); By Capacity (Less than 100 kg, More than 100 kg); By End-User (Personal, Commercial); By Region: Segment Forecast, 2019 – 2026’ provides an extensive analysis of present market dynamics and predicted future trends. In 2018, the hardware segment dominated the global passenger drones industry, in terms of revenue. Europe was the leading contributor to the global market in 2018.

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