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Global Flying Cars Market 2018-2022| 160% CAGR Projection Over the Next Four Years| Technavio

December 3, 2018

LONDON--(BUSINESS WIRE)--Dec 3, 2018--The global flying cars market is expected to post a CAGR of nearly 160% during the period 2018-2022, according to the latest market research report by .

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Technavio has released a new market research report on the global flying cars market for the period 2018-2022. (Graphic: Business Wire)

A key factor driving the growth of the market is the increasing congestion and overcrowding in cities. Urban mobility or transportation can be categorized into public transportation, individual transportation, and freight transportation. The rapid urban development and increase in urban population have led to an increase in individual transportation and freight movement. However, transportation facilities and systems have seen negligible concurrent growth and development to suffice the needs of urban mobility.

This market research report on the also provides an analysis of the most important trends expected to impact the market outlook during the forecast period. Technavio classifies an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time only:

In this report, Technavio highlights the increasing adoption of private air travel as one of the key emerging trends in the global flying cars market:

Global flying cars market: Increasing adoption of private air travel

High net worth individuals is a financial term used by financial institutions to designate individuals or families who own significant number of liquid assets and a certain amount in depository accounts. Financial institutions term an individual or household as high net worth individuals based on the specific amount of wealth owned by the individual. A person having a minimum of USD 1 million in liquid assets in considered a high net worth individual.

“The lightweight aircraft has been predominately used in the fields of personal recreation and instructional use in pilot-training academics. High net worth individuals prefer chartered flights as they offer flexibility of schedule and also help to avoid the formal procedures of commercial flights. Light aircraft are increasingly being used for providing services like private tours to selected destinations and are more preferred than helicopters due to their relative cost-effectiveness while providing a similar or even better level of comfort, safety, and privacy,” says a senior analyst at Technavio for research on aerospace manufacturing.

Global flying cars market: Segmentation analysis

This market research report segments the global flying cars market by product (flying cars and passenger drones) and geographical regions (APAC, EMEA, and the Americas).

The flying cars segment held the largest market share in 2019, accounting for nearly 100% of the market. This product segment is expected to dominate the global market throughout the forecast period.

Looking for more information on this market?

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

Market ecosystem Market characteristics Market segmentation analysis

Market Sizing

Market definition Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

Regional comparison Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

Vendors covered Vendor classification Market positioning of vendors Competitive scenario

About Technavio

is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at .

View source version on businesswire.com:https://www.businesswire.com/news/home/20181203005778/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING AEROSPACE ENGINEERING AUTOMOTIVE OTHER AUTOMOTIVE

SOURCE: Technavio Research

Copyright Business Wire 2018.

PUB: 12/03/2018 12:24 PM/DISC: 12/03/2018 12:24 PM

http://www.businesswire.com/news/home/20181203005778/en

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