The Global Flying Cars Market Report by The Business Research Company covers flying cars market drivers and restraints, flying cars market size, major players, and the impact of COVID-19 on the flying cars market.

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. 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 global flying cars market is expected to grow from $34.41 million in 2020 to $52.20 million in 2021 at a compound annual growth rate (CAGR) of 51.7%. The growth in the flying cars market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The flying cars market is expected to reach $330.94 million in 2025 at a CAGR of 58.7%.

The increase in demand for environmentally friendly transportation will propel the growth of the flying cars market during the forecast period. Flying cars use vertical take-off and landing (VTOL) to take off cars. Flying cars are a lot more efficient over longer trips than shorter trips when compared to passenger cars. Therefore, the increasing demand for environmentally friendly transportation is expected to drive the growth of the flying cars market.

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Some flying cars market trends include rapid adoption of advanced technology. 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.

Global flying cars market segments include:

1) By Product: Manned Flying Cars, Unmanned Flying Cars

2) By Capacity: 2-Person Sitter, 3 And 4-Person Sitter, 5-Person Sitter

3) By Application: Military, Commercial Or Civil

4) By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

Read More On The Flying Cars Global Market Report 2021: COVID-19 Growth And Change At:

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The Flying Cars Global Market Report 2021: COVID-19 Growth And Change is one of a series of new reports from The Business Research Company that provides flying cars market overviews, analyzes and forecasts market size, share, flying cars market players, flying cars market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.

The flying cars identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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Read Flying Cars Global Market Report 2021: COVID-19 Growth And Change from The Business Research Company for information on the following:

Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries

Market Players Covered: 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.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.

Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.

Strategies For Participants In The Flying Cars Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.

Opportunities For Companies In The Flying Cars Sector: The report reveals where the global industry will put on most $ sales up to 2023.

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