The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape.

In-Depth Market Overview of Global Flying Car Market (2024-2030):

According to the latest report, 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. The report demonstrates the prominent factors propelling the exponential growth of the Global Flying Car Market.

Key Takeaways: Beneficial for Stakeholders and Clients

• Historic Period: 2019-2022
• Base year: 2023
• Forecast Years: 2024-2030
• CAGR (2024-30): 37.80%
• Market Value (2025): 550 Million

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What are the major Driver the Global Flying Car Market?

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.

Global Flying Car Market Segmentation

The Global Flying Car Market analysis of MarkNtel Advisors explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:

• 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

As per the regional aspect, the Global Flying Car Market is expected to be dominated by the North America by capturing the potential market share. 

Explore further details about this research report-

https://www.marknteladvisors.com/research-library/flying-car-market.html

Top Companies in the Global Flying Car Market

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

Global Flying Car Industry Recent Development

• In 2024: PAL-V International received the preorder of around 100 flying cars from a Dubai-based company called ‘Aviterra’.

• In 2024: EHang Holdings Ltd. launched an electrically powered two-seater passenger drone called 'EH216-S' worth USD 3,30,247.33. This launch would help in passenger transportation in China.

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Well-known business Prospects: Our accurate analysis market research report serves as a treasure map for discovering potential markets and novel product avenues. Additionally, it facilitates comparisons of products and services.

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Empowering Data-Backed Judgement: Our comprehensive Market research encompasses a wide spectrum of activities, including precise market sizing, detailed segment analysis, accurate demand forecasting, competitor identification, and meticulous pricing trend monitoring.

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