Indonesia's first passenger drone manufacturer FROGS will also aim to solve traffic jam issues by offering on-demand flying taxi services.
Why
Urban traffic jams
Increasing use of vehicles in urban districts causing frequent gridlocks and longer journeys for commuters.
Better public transport options
Besides road vehicles, new sustainable forms of local transportation are needed worldwide.
Sharing economy habits
On-demand transport and ride-hailing apps have become popular among consumers.
Market
$1.4bn
Estimated global market value of passenger drones and related business by 2026, based on CAGR of 29.5% from almost $182m in 2018: Polaris Market Research
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