PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1567189
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1567189
Flying Bikes Market, By Technology, By Range, By Application (Personal/Recreational Use, Commercial Use, Military and Defense), By Geography
The global flying bikes market is estimated to be valued at USD 68.73 Bn in 2024 and is expected to reach USD 241.25 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 19.6% from 2024 to 2031.
| Report Coverage | Report Details | ||
|---|---|---|---|
| Base Year: | 2023 | Market Size in 2024: | US$ 68.73 Bn |
| Historical Data for: | 2019 To 2023 | Forecast Period: | 2024 To 2031 |
| Forecast Period 2024 to 2031 CAGR: | 19.60% | 2031 Value Projection: | US$ 241.25 Bn |
The global flying bikes market is witnessing steady growth in the recent years. Flying bikes or e-VTOL (electric vertical take-off and landing) vehicles are revolutionizing the field of urban mobility with their ability to seamlessly convert between helicopter-like vertical flight and airplane-like horizontal flight. Powered by electric motors and batteries, these compact flying vehicles can take off and land without the need for runway infrastructure. They offer an eco-friendly way of traveling in densely populated cities, avoiding congested road traffic. Rapid urbanization and increasing traffic congestion levels are prompting many city planners and authorities to explore flying bikes and air taxis as a viable solution to future commuting needs.
Market Dynamics:
The key drivers favoring the flying bikes market expansion include growing investments in urban air mobility, rising focus on reducing carbon footprint of the transportation sector, and the development of supportive infrastructural and regulatory framework for air taxis and flying bikes. However, high product cost, safety concerns regarding rotor failures and equipment malfunctions, lack of certified pilots, and inadequate charging infrastructure in cities can restrain the market potential in the initial years. On the positive side, ongoing technological advancements in batteries, electric motors, flight control systems as well as collaborations between eVTOL manufacturers and major technology players are expected to lower product costs and address operational challenges over the coming decade. This will open up huge opportunities for the widespread commercialization of flying bikes and air taxis for both passenger and cargo transportation needs across urban, suburban, and rural areas.
Key Features of the Study:
This report provides in-depth analysis of the global flying bikes market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global flying bikes market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include AeroMobil, Aston Martin, Carplane, Clip Air, EHang, Jetpack Aviation, Klein Vision, Lilium, PAL-V, Urban Aeronautics, Vahana (Airbus), Vertical Aerospace, Wright Electric, Xpeng, and Zapata Racing
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global flying bikes market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global flying bikes market
Detailed Segmentation-
- By Technology Insights (Revenue, USD Bn, 2019 - 2031)
- Electric Flying Bikes
- Gasoline-Powered Flying Bikes
- By Range Insights (Revenue, USD Bn, 2019 - 2031)
- Short-Range (Up to 20 miles)
- Mid-Range (20-50 miles)
- Long-Range (Above 50 miles)
- By Application Insights (Revenue, USD Bn, 2019 - 2031)
- Personal/Recreational Use
- Commercial Use (Tourism, Emergency Services, etc.)
- Military and Defense
- By Regional Insights (Revenue, USD Bn 2019 - 2031)
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
- AeroMobil
- Aston Martin
- Carplane
- Clip Air
- EHang
- Jetpack Aviation
- Klein Vision
- Lilium
- PAL-V
- Urban Aeronautics
- Vahana (Airbus)
- Vertical Aerospace
- Wright Electric
- Xpeng
- Zapata Racing
Table of Contents
1. RESEARCH OBJECTIVES AND ASSUMPTIONS
- Research Objectives
- Assumptions
- Abbreviations
2. MARKET PURVIEW
- Report Description
- Market Definition and Scope
- Executive Summary
- Global Flying Bikes Market, By Technology
- Global Flying Bikes Market, By Range
- Global Flying Bikes Market, By Application
- Global Flying Bikes Market, By Region
3. MARKET DYNAMICS, REGULATIONS, AND TRENDS ANALYSIS
- Market Dynamics
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product Launches/Approvals
- PEST Analysis
- PORTER's Analysis
- Merger and Acquisition Scenario
4. Global Flying Bikes Market, By Technology, 2019-2031, (USD Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Electric Flying Bikes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Gasoline-Powered Flying Bikes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
5. Global Flying Bikes Market, By Range, 2019-2031, (USD Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Short-Range (Up to 20 miles)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Mid-Range (20-50 miles)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Long-Range (Above 50 miles)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
6. Global Flying Bikes Market, By Application, 2019-2031, (USD Bn)
- Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
- Personal/Recreational Use
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Commercial Use (Tourism, Emergency Services, etc.)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
- Military and Defense
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (USD Bn)
7. Global Flying Bikes Market, By Region, 2019- 2031, Value (USD Bn)
- Introduction
- Market Share (%) Analysis, 2024,2027 & 2031, Value (USD Bn)
- Market Y-o-Y Growth Analysis (%), 2019 - 2031, Value (USD Bn)
- Regional Trends
- North America
- Introduction
- Market Size and Forecast, By Technology , 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Range , 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application , 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
- U.S.
- Canada
- Latin America
- Introduction
- Market Size and Forecast, By Technology , 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Range , 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application , 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, By Technology , 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Range , 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application , 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, By Technology , 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Range , 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application , 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- Introduction
- Market Size and Forecast, By Technology , 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Range , 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application , 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, By Technology , 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Range , 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Application , 2019 - 2031, Value (USD Bn)
- Market Size and Forecast, By Country, 2019 - 2031, Value (USD Bn)
- South Africa
- North Africa
- Central Africa
8. COMPETITIVE LANDSCAPE
- AeroMobil
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Aston Martin
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Carplane
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Clip Air
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- EHang
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Jetpack Aviation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Klein Vision
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Lilium
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- PAL-V
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Urban Aeronautics
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Vahana (Airbus)
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Vertical Aerospace
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Wright Electric
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Xpeng
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Zapata Racing
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
9. Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
10. References and Research Methodology
- References
- Research Methodology
- About us
