The Global Flying Car Market is close to USD 100 million in 2023 and is projected to cross USD 550 million by the end of 2025 with a further projected CAGR of 37.80% by 2030.                                        

Global Flying Car Market Driver:

Growing Inclination Toward Aerial Tours in the Tourism Sector to Drive Market Growth & Expansion – Countries across the globe are substantially investing in tourism infrastructure and are creating comprehensive marketing campaigns to promote tourism. These campaigns often highlight unique cultural, historical, or natural attractions through various media channels globally. In addition to this, a large number of tourist establishments across countries such as Japan, the US, the UAE, etc., are now constantly looking for unique ways to attract tourists. Due to this, they are now focusing on providing aerial tours, which is gradually enhancing the demand for flying cars. For instance,

·        In 2023, the MASC General Incorporated Association, an association promoting aerial tourism in the Setouchi Islands of western Japan, placed a preorder with a Japanese manufacturer specializing in eVTOL (electric vertical takeoff and landing) vehicles for their flying cars.

·        In 2023, the Oklahoma Department of Commerce in the United States announced a partnership with the electric vertical take-off and landing vehicle start-up, Neo Aeronautics, to introduce automated flying vehicles in the state as a strategy to boost tourism.

Moreover, flying cars could significantly reduce road traffic congestion, which would make tourism-related travel more efficient. Hence, as these flying cars can minimize the pressure on traditional road networks, their adoption is anticipated to surge, which is ultimately projected to augment the size & volume of the Global Flying Car Market during the forecast period.

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Key Market Reports Highlights

·        Market Dimensions & Projections

·        Pricing Evaluation

·        Recent Strategic Moves by Companies

·        Primary Stakeholders

·        Import/Export Trend Analysis

·        Competitive Landscape Assessment

·        Emerging Opportunities

·        Market Trends and Indicators

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Global Flying Car Market Segmentation:

The market report categorizes the market based on different segments and geographical analysis.

Study Timeline:

-Base Year: 2023

-Historical Period: 2019 to 2022

-Forecast Period: 2024 to 2030

• By Vehicle Type
  • Flying Cars- Market Size & Forecast 2019-2030, Thousand Units
  • Passenger Drone- Market Size & Forecast 2019-2030, Thousand Units
• By Propulsion
  • ICE- Market Size & Forecast 2019-2030, Thousand Units
  • Electric- Market Size & Forecast 2019-2030, Thousand Units
• By Capacity
  • 2-Seater- Market Size & Forecast 2019-2030, Thousand Units
  • 3-4 Seater- Market Size & Forecast 2019-2030, Thousand Units
  • >4 Seater- Market Size & Forecast 2019-2030, Thousand Units
• By Mode of Operation
  • Manned- Market Size & Forecast 2019-2030, Thousand Units
  • Unmanned - Market Size & Forecast 2019-2030, Thousand Units
• By End User
  • Military & Defense- Market Size & Forecast 2019-2030, Thousand Units
  • Tourism & Hospitality- Market Size & Forecast 2019-2030, Thousand Units
  • Logistics & E-Commerce- Market Size & Forecast 2019-2030, Thousand Units
  • Individuals- Market Size & Forecast 2019-2030, Thousand Units
  • Others- Market Size & Forecast 2019-2030, Thousand Units
• By Region
  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

Competitive Landscape

With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including -   AeroMobil Limited, Airbus SE, PAL-V International, Samson Sky™, SkyDrive Inc., EHang Holdings Ltd., Volocopter GmbH, Zhejiang Geely Holding Group, Klein Vision, s.r.o., XPeng Inc., Others

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