Flying Cars Market Research Report - Global Forecast till 2035

Flying Cars Market Research Report: Information by Product (Flying Cars, Passenger Drones), Capacity (2-Person Sitter, 3 and 4-Person Sitter, 5-Person Sitter) and Region - Forecast till 2035

ID: MRFR/AM/5890-CR | October 2020 | Region: Global | 136 pages

Impact of COVID-19 on the Global Flying Cars Market


The automotive sector has been interrupted due to the spread of COVID-19 across the world. The changing consumer preferences and buying behavior due to fluctuations in the global economy are likely to influence the flying cars market over the forecast timeframe. Moreover, the announcement of COVID-19 as a global pandemic has resulted in lockdowns being imposed in numerous countries around the world. It has also led to the sealing of international borders and the implementation of strict measures by regulatory authorities in multiple countries, causing a severe decline in the global demand for automotive, including flying cars. Thus, there is a high possibility that the COVID-19 pandemic will have long-term effects on the consumer's standard of living and preferences worldwide.


New passenger car registrations in the EU (Units IN THOUSAND)


Source: ACEA


The pandemic may also result in lowered usage of automotive and related products owing to the increasing individual awareness regarding social distancing and the adoption of remote working policies. Moreover, the restrictions on public gatherings and travel bans in numerous countries are expected to limit the growth of the global market for flying cars over the projected timeframe. The demand for flying cars has declined severely owing to the global slowdown in both the commercial and domestic requirements of the product. The increased focus on personal care and hygiene is also likely to affect the future demand for automotive and related products, including flying cars. According to the MRFR analysis, there is uncertainty regarding the future growth of the flying cars market in the pandemic period. However, the global flying cars market is expected to stabilize in the Q1 of 2021.


Source: MRFR Analysis

1 Executive Summary

2 Market Introduction

2.1 Definition 12

2.2 Scope of the Study 12

2.3 List of Assumptions 13

2.4 Market Structure 13

3 Research Methodology

3.1 Research Process 14

3.2 Primary Research 15

3.3 Secondary Research 16

3.4 Market Size Estimation 17

3.5 Forecast Model 17

3.6 Secondary Sources 18

4 Market Insights

5 Market Dynamics

5.1 Introduction 23

5.2 Drivers 24

5.2.1 Increasing Investments by Flying Car Companies 24

5.2.2 Rising Traffic Congestion 24

5.2.3 Drivers Impact Analysis 26

5.3 Restraints 26

5.3.1 Limited Endurance and Safety and High Costs 26

5.3.2 Restraints Impact Analysis 27

5.4 Opportunity 27

5.4.1 Rising Awareness Regarding the Pollution 27

6 Market Factor Analysis

6.1 Value Chain Analysis 28

6.1.1 Inbound Logistics 29

6.1.2 Operations 29

6.1.3 Outbound Logistics 29

6.1.4 Marketing and Sales 29

6.1.5 Services 30

6.1.6 Support Activities 30

6.2 Porter's Five Forces Analysis 30

6.2.1 Threat of New Entrants 31

6.2.2 Bargaining Power of Suppliers 31

6.2.3 Bargaining Power of Buyers 31

6.2.4 Threat of Substitutes 31

6.2.5 Rivalry 31

6.3 Technology Trends 32

6.3.1 Development of reliable flying cars 32

7 Global Flying Cars Market, by Product

7.1 Overview 33

7.2 Flying Cars 33

7.3 Passenger Drones 33

8 Global Flying Cars Market, by Capacity

8.1 Overview 35

8.2 2-Person Sitter 35

8.3 3 and 4-Person Sitter 35

8.4 5-Person Sitter 35

9 Global Flying Cars Market, by Region

9.1 Introduction 37

9.2 North America 38

9.2.1 US 40

9.2.2 Canada 41

9.3 Europe 42

9.3.1 Germany 44

9.3.2 France 45

9.3.3 UK 46

9.3.4 Slovakia 47

9.4 Asia-Pacific 48

9.4.1 China 50

9.4.2 Japan 51

9.4.3 South Korea 52

9.5 Rest of the World (RoW) 53

9.5.1 Israel 55

9.5.2 UAE 56

10 Competitive Landscape

10.1 Competitive Overview 57

10.2 Competitive Benchmarking 58

10.3 Key Developments and Growth Strategies 59

11 Company Profiles

11.1 AeroMobil 60

11.1.1 Company Overview 60

11.1.2 Financial Overview 60

11.1.3 Products Offered 60

11.1.4 Key Developments 60

11.1.5 SWOT Analysis 61

11.1.6 Key Strategies 61

11.2 Boeing 62

11.2.1 Company Overview 62

11.2.2 Financial Overview 62

11.2.3 Products Offered 63

11.2.4 Key Developments 63

11.2.5 SWOT Analysis 63

11.2.6 Key Strategies 63

11.3 Cartivator 64

11.3.1 Company Overview 64

11.3.2 Financial Overview 64

11.3.3 Products Offered 64

11.3.4 Key Developments 64

11.3.5 SWOT Analysis 65

11.3.6 Key Strategies 65

11.4 EHANG 66

11.4.1 Company Overview 66

11.4.2 Financial Overview 66

11.4.3 Products Offered 66

11.4.4 Key Developments 66

11.4.5 SWOT Analysis 67

11.4.6 Key Strategies 67

11.5 TERRAFUGIA 68

11.5.1 Company Overview 68

11.5.2 Financial Overview 68

11.5.3 Products Offered 68

11.5.4 Key Developments 68

11.5.5 SWOT Analysis 69

11.5.6 Key Strategies 69

11.6 Joby Aviation 70

11.6.1 Company Overview 70

11.6.2 Financial Overview 70

11.6.3 Products Offered 70

11.6.4 Key Developments 70

11.7 Lilium 71

11.7.1 Company Overview 71

11.7.2 Financial Overview 71

11.7.3 Products Offered 71

11.7.4 Key Developments 71

11.8 Uber Technologies, Inc. 72

11.8.1 Company Overview 72

11.8.2 Financial Overview 72

11.8.3 Products Offered 72

11.8.4 Key Developments 73

11.9 Volocopter GmbH 74

11.9.1 Company Overview 74

11.9.2 Financial Overview 74

11.9.3 Products Offered 74

11.9.4 Key Developments 74

11.10 A³ by Airbus 75

11.10.1 Company Overview 75

11.10.2 Financial Overview 75

11.10.3 Products Offered 75

11.10.4 Key Developments 76

12 List of Tables

TABLE 1 LIST OF ASSUMPTIONS 13

TABLE 2 GLOBAL FLYING CARS MARKET, BY PRODUCT, 2022–2035 (USD MILLION) 34

TABLE 3 GLOBAL FLYING CARS MARKET, BY CAPACITY, 2022–2035 (USD MILLION) 36

TABLE 4 GLOBAL FLYING CARS MARKET, BY REGION, 2022–2035 (USD MILLION) 37

TABLE 5 NORTH AMERICA: FLYING CARS MARKET, BY COUNTRY, 2022–2035 (USD MILLION) 38

TABLE 6 NORTH AMERICA: FLYING CARS MARKET, BY PRODUCT, 2022–2035 (USD MILLION) 39

TABLE 7 NORTH AMERICA: FLYING CARS MARKET, BY CAPACITY, 2022–2035 (USD MILLION) 39

TABLE 8 US: FLYING CARS MARKET, BY PRODUCT, 2022–2035 (USD MILLION) 40

TABLE 9 US: FLYING CARS MARKET, BY CAPACITY, 2022–2035 (USD MILLION) 40

TABLE 10 CANADA: FLYING CARS MARKET, BY PRODUCT, 2022–2035 (USD MILLION) 41

TABLE 11 CANADA: FLYING CARS MARKET, BY CAPACITY, 2022–2035 (USD MILLION) 41

TABLE 12 EUROPE: FLYING CARS MARKET, BY COUNTRY, 2022–2035 (USD MILLION) 42

TABLE 13 EUROPE: FLYING CARS MARKET, BY PRODUCT, 2022–2035 (USD MILLION) 43

TABLE 14 EUROPE: FLYING CARS MARKET, BY CAPACITY, 2022–2035 (USD MILLION) 43

TABLE 15 GERMANY: FLYING CARS MARKET, BY PRODUCT, 2022–2035 (USD MILLION) 44

TABLE 16 GERMANY: FLYING CARS MARKET, BY CAPACITY, 2022–2035 (USD MILLION) 44

TABLE 17 FRANCE: FLYING CARS MARKET, BY PRODUCT, 2022–2035 (USD MILLION) 45

TABLE 18 FRANCE: FLYING CARS MARKET, BY CAPACITY, 2022–2035 (USD MILLION) 45

TABLE 19 UK: FLYING CARS MARKET, BY PRODUCT, 2022–2035 (USD MILLION) 46

TABLE 20 UK: FLYING CARS MARKET, BY CAPACITY, 2022–2035 (USD MILLION) 46

TABLE 21 SLOVAKIA: FLYING CARS MARKET, BY PRODUCT, 2022–2035 (USD MILLION) 47

TABLE 22 SLOVAKIA: FLYING CARS MARKET, BY CAPACITY, 2022–2035 (USD MILLION) 47

TABLE 23 ASIA-PACIFIC: FLYING CARS MARKET, BY COUNTRY, 2022–2035 (USD MILLION) 49

TABLE 24 ASIA-PACIFIC: FLYING CARS MARKET, BY PRODUCT, 2022–2035 (USD MILLION) 49

TABLE 25 ASIA-PACIFIC: FLYING CARS MARKET, BY CAPACITY, 2022–2035 (USD MILLION) 49

TABLE 26 CHINA: FLYING CARS MARKET, BY PRODUCT, 2022–2035 (USD MILLION) 50

TABLE 27 CHINA: FLYING CARS MARKET, BY CAPACITY, 2022–2035 (USD MILLION) 50

TABLE 28 JAPAN: FLYING CARS MARKET, BY PRODUCT, 2022–2035 (USD MILLION) 51

TABLE 29 JAPAN: FLYING CARS MARKET, BY CAPACITY, 2022–2035 (USD MILLION) 51

TABLE 30 SOUTH KOREA: FLYING CARS MARKET, BY PRODUCT, 2022–2035 (USD MILLION) 52

TABLE 31 SOUTH KOREA: FLYING CARS MARKET, BY CAPACITY, 2022–2035 (USD MILLION) 52

TABLE 32 ROW: FLYING CARS MARKET, BY COUNTRY, 2022–2035 (USD MILLION) 53

TABLE 33 ROW: FLYING CARS MARKET, BY PRODUCT, 2022–2035 (USD MILLION) 54

TABLE 34 ROW: FLYING CARS MARKET, BY CAPACITY, 2022–2035 (USD MILLION) 54

TABLE 35 ISRAEL: FLYING CARS MARKET, BY PRODUCT, 2022–2035 (USD MILLION) 55

TABLE 36 ISRAEL: FLYING CARS MARKET, BY CAPACITY, 2022–2035 (USD MILLION) 55

TABLE 37 UAE: FLYING CARS MARKET, BY PRODUCT, 2022–2035 (USD MILLION) 56

TABLE 38 SOUTH AMERICA: FLYING CARS MARKET, BY CAPACITY, 2022–2035 (USD MILLION) 56

TABLE 39 AEROMOBIL: PRODUCTS OFFERED 60

TABLE 40 AEROMOBIL: KEY DEVELOPMENTS 60

TABLE 41 BOEING: PRODUCTS OFFERED 63

TABLE 42 BOEING: KEY DEVELOPMENTS 63

TABLE 43 CARTIVATOR: PRODUCTS OFFERED 64

TABLE 44 CARTIVATOR: KEY DEVELOPMENTS 64

TABLE 45 EHANG: PRODUCTS OFFERED 66

TABLE 46 EHANG: KEY DEVELOPMENTS 66

TABLE 47 TERRAFUGIA: PRODUCTS OFFERED 68

TABLE 48 TERRAFUGIA: KEY DEVELOPMENTS 68

TABLE 49 JOBY AVIATION: PRODUCTS OFFERED 70

TABLE 50 JOBY AVIATION: KEY DEVELOPMENTS 70

TABLE 51 LILIUM: PRODUCTS OFFERED 71

TABLE 52 LILIUM: KEY DEVELOPMENTS 71

TABLE 53 UBER TECHNOLOGIES, INC.: PRODUCTS OFFERED 72

TABLE 54 UBER TECHNOLOGIES, INC.: KEY DEVELOPMENTS 73

TABLE 55 VOLOCOPTER GMBH: PRODUCTS OFFERED 74

TABLE 56 VOLOCOPTER GMBH: KEY DEVELOPMENTS 74

TABLE 57 A³ BY AIRBUS: PRODUCTS OFFERED 75

TABLE 58 A³ BY AIRBUS: KEY DEVELOPMENTS 76

13 List of Figures

FIGURE 1 MARKET SYNOPSIS 11

FIGURE 2 GLOBAL FLYING CARS MARKET: MARKET STRUCTURE 13

FIGURE 3 RESEARCH PROCESS OF MRFR 14

FIGURE 4 TOP-DOWN & BOTTOM-UP APPROACHES 17

FIGURE 5 ASIA-PACIFIC: FLYING CARS MARKET SIZE & MARKET SHARE BY COUNTRY, BY VALUE (2022 VS 2035) 19

FIGURE 6 EUROPE: FLYING CARS MARKET SIZE & MARKET SHARE BY COUNTRY, BY VALUE (2022 VS 2035) 20

FIGURE 7 NORTH AMERICA: FLYING CARS MARKET SIZE & MARKET SHARE BY COUNTRY, BY VALUE (2022 VS 2035) 21

FIGURE 8 REST OF THE WORLD: FLYING CARS MARKET SIZE & MARKET SHARE BY COUNTRY, BY VALUE (2022 VS 2035) 22

FIGURE 9 DRO ANALYSIS: GLOBAL FLYING CARS MARKET 23

FIGURE 10 GLOBAL URBAN POPULATION GROWTH, 2014–2018 24

FIGURE 11 DRIVERS IMPACT ANALYSIS: GLOBAL FLYING CARS MARKET 26

FIGURE 12 RESTRAINTS IMPACT ANALYSIS: FLYING CARS MARKET 27

FIGURE 13 GLOBAL FLYING CARS MARKET: VALUE CHAIN ANALYSIS 28

FIGURE 14 GLOBAL FLYING CARS MARKET: PORTER'S FIVE FORCES ANALYSIS 30

FIGURE 15 GLOBAL FLYING CARS MARKET, BY PRODUCT, 2022 (% SHARE) 33

FIGURE 16 GLOBAL FLYING CARS MARKET, BY CAPACITY, 2022 (% SHARE) 36

FIGURE 17 GLOBAL FLYING CARS MARKET, BY REGION, 2022 (% SHARE) 37

FIGURE 18 NORTH AMERICA: FLYING CARS MARKET, BY COUNTRY, 2022 (% SHARE) 38

FIGURE 19 EUROPE: FLYING CARS MARKET, BY COUNTRY, 2022 (% SHARE) 42

FIGURE 20 ASIA-PACIFIC: FLYING CARS MARKET, BY COUNTRY, 2022 (% SHARE) 48

FIGURE 21 ROW: FLYING CARS MARKET, BY COUNTRY, 2022 (% SHARE) 53

FIGURE 22 BENCHMARKING OF MAJOR COMPETITORS 58

FIGURE 23 KEY DEVELOPMENTS AND GROWTH STRATEGIES 59

FIGURE 24 AEROMOBIL: SWOT ANALYSIS 61

FIGURE 25 BOEING: FINANCIAL SNAPSHOT, 2016–2018 (USD MILLION) 62

FIGURE 26 BOEING: SWOT ANALYSIS 63

FIGURE 27 CARTIVATOR: SWOT ANALYSIS 65

FIGURE 28 EHANG: SWOT ANALYSIS 67

FIGURE 29 TERRAFUGIA.: SWOT ANALYSIS 69