Future of Flying Cars Market – Transforming Commuting with Sustainable Air Vehicles
Global Flying Cars Market Size
The global flying cars market is projected to grow from US$ 86.15 million in 2023 to over US$ 1 billion by 2031, at a CAGR of 36.3%. These dual-mode vehicles—operating both on roads and in the air—offer a revolutionary solution to urban congestion.
Market Segmentation:
The global flying cars market is segmented based on type, mode of operation, capacity, propulsion, application and region.
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By Type: Flying Cars, Passenger Drones
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By Mode of Operation: Manned and Unmanned
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By Capacity: 2-Seater, 4-Seater, Others
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By Propulsion: Internal Combustion Engine (ICE), Electric, Others Application: Civil, Commercial, Military
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By Region: North America, Europe, Asia-Pacific, South America, Middle East & Africa
Competitive Landscape
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Aeromobil
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Airbus
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Joby Aviation
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Pal-V International
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Samson Motorworks
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Uber Technologies
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Urban Aeronautics
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Volocopter GmbH
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Moller International
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Sustainable Analysis:
Flying cars, driven by eVTOL technology, offer eco-friendly benefits by reducing exhaust emissions and improving air quality. However, their large-scale adoption may contribute to urban sprawl and the loss of greenfield land due to infrastructure expansion.
This could offset environmental gains by harming ecosystems and challenging long-term sustainability.
Key Developments
In September 2023, Bentley made its entry into India's premium sedan market by launching the Flying Spur Hybrid, shifting from traditional V8 and W12 engines to a plug-in hybrid powertrain that underscores its commitment to sustainability and elegance, with the vehicle priced at Rs 5.25 crore (ex-showroom). In October 2022, Volocopter captured attention by announcing the successful completion of its first passenger test flights using its eVTOL aircraft at Leonardo da Vinci International Airport in Italy—a milestone that paves the way for the launch of advanced air mobility (AAM) services in Rome by the end of 2024.
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