Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major CompaniesĨ.2. Global Flying Cars Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ BillionĨ.1. Global Flying Cars Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billionħ.2. Flying Cars Market Regional And Country Analysisħ.1. Global Flying Cars Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billionħ. Global Flying Cars Market, Segmentation By Capacity, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ BillionĦ.3. Global Flying Cars Market, Segmentation By Product, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ BillionĦ.2. Global Flying Cars Forecast Market, 2021-2026F, 2031F, $ BillionĦ.1. Global Flying Cars Historic Market, 2016-2021, $ Billionĥ.2. Flying Cars Market Trends And Strategiesĥ.1. The global flying cars market is segmented -ġ) By Product: Manned Flying Cars, Unmanned Flying CarsĢ) By Capacity: 2-Person Sitter, 3 and 4-Person Sitter, 5-Person Sitterģ) By Application: Military, Commercial or Civilģ. The countries covered in the flying cars market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, USA. The regions covered in the global flying car market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. North America was the largest region in the flying cars market in 2021. Major players in the flying cars market are AeroMobil, Boeing, Joby Aviation, Airbus, Cartivator, Volocopter GmbH, Terrafugia, PAL-V International, Lilium GmbH, Urban Aeronautics, Moller International, Kitty Hawk Corporation, Workhorse Group, Opener, and Jaunt Air Mobility. AOSSCI is a China-based unmanned aircraft system developer. For future air travel and UAV products, the two businesses will merge their development teams while keeping the original brands. The new company, which is a subsidiary of China's Geely Technology Group, will provide comprehensive general aviation services. In September 2020, Terrafugia, a US-based company that manufactures flying cars merged with AOSSCI to form Aerofugia Technology (Chengdu) Co., Ltd. For instance, in August 2019, Airspace Experience Technologies (ASX), an American company, developed the MOBiOne electric vertical take-off and landing vehicle that uses a distributed electric propulsion system (DEP) and integrates a hybrid propulsion system that allows the vehicle to fly without recharging. Major companies operating in the flying cars sector are focused on adopting advanced technology such as the fast-developing distributed electric propulsion (DEP) technology which plays a role in efficiency, helps with quieter take-offs, and hovering. The rapid adoption of advanced technology is shaping the flying cars market. Therefore, the increasing demand for environmentally friendly transportation is expected to drive the growth of the flying cars market. Flying cars are a lot more efficient over longer trips than shorter trips when compared to passenger cars. According to a 2019 study by the University of Michigan, energy use and emissions during 5 phases of VTOL flight have shown emissions from the VTOL were 52% lower than petrol vehicles and 6% lower than battery-electric vehicles. Flying cars use vertical take-off and landing (VTOL) to take off cars. The increase in demand for environmentally friendly transportation will propel the growth of the flying cars market during the forecast period. The global flying car market size is expected to grow to $488.56 million in 2026 at a CAGR of 55.1%. The global flying cars market size is expected to grow from $52.2 million in 2021 to $84.39 million in 2022 at a compound annual growth rate (CAGR) of 61.7%. The various applications involved are military, commercial, or civil. The capacity of flying cars ranges from 2-Person Sitter, 3 And 4-Person Sitter, 5-Person Sitter. The manned flying car is a type of flying car that requires a trained professional driver or a pilot to fly using the car's control system. The main types of products in the flying cars market are manned flying cars and unmanned flying cars. Flying cars also known as hover cars, usually use rotors instead of wings and are smaller than a commercial aircraft, and have lower emissions. The flying cars market consists of sales of flying cars by entities (organizations, sole traders, and partnerships) that is a type of vehicle that can function as both a personal road vehicle and an aircraft.
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