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Personal Air Vehicles Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Terrafugia, Aeromobil, Aero, Kitty Hawk, Airbus S.E

28 May, 2022 | 105 Pages
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Acknowledging the kind of traction gained by this market, Industry data Analytics recently published a study report asserts the global Personal Air Vehicles Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 16.4% during the review period (2022 to 2027).



Personal Air Vehicles Market Overview



A personal air vehicle (PAV) is a type of aircraft that delivers on-demand aviation facilities to the people. The rising emergence of this alternative to traditional ground transport has been made promising by unmanned aircraft technologies and electric propulsion. Market growth is because of the increased cost savings, increased autonomy and reduced human error, and technological advancements in artificial intelligence.There is a lot of uncertainty around the whole concept of personal air vehicles and their growing deployment but, the technology is at a nascent stage, and key market players such as Airbus and Boeing, among others, are directing significant R&D funding towards technical advancement.



The factors that might hinder personal air vehicle (PAV) industry growth are the regulatory barriers of the airspace authorities and regulators for the safety of personal air vehicles and also to control air traffic. Companies will need to comply with the norms regulations from the US Federal Aviation Administration (FAA) and European Aviation Safety Agency (EASA).



Who are the Major Players in Personal Air Vehicles Market?



The Foldable Intermediate Bulk Containers (IBC) Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, and the prices they charge. These are the main players in this market includes Terrafugia, Aeromobil, Aero, Kitty Hawk, Airbus S.E, Audi AG, Detroit Flying Cars and others.



What are the major Applications, Types and Regions for Personal Air Vehicles Market?



Personal Air Vehicles Market is segmented based on the type, applications, companies and regions.



By Product Type, it is segmented into




  • Roadable aircraft

  • Ultralight Helicopters

  • Light-Sport Aircraft

  • Ultralight trikes

  • Powered paragliders

  • Others



By Application it is segmented into




  • Aviation Services

  • Personal Use

  • Others



Personal Air Vehicles Market Regional Analysis



North America is forecast to drive business personal air vehicle (PAV) growth. Some of the major commercial aircraft manufacturers operating in North America are Boeing and Lockheed Martin, and hence there is a rising demand for autonomous aircraft products in the region. North America is estimated to lead the industry during the forecast period 2022-2027




  • North America


    • US

    • Canada



  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe



  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific



  • Rest of the World

    • Middle East & Africa

    • Latin America





What is our Personal Air Vehicles Market report scope?



 























































Report Attributes



Report Details



Forecast Period 2022 to 2027 CAGR



CAGR of 16.4% during the review period (2022 to 2027).



By Type




  • Roadable aircraft

  • Ultralight Helicopters

  • Light-Sport Aircraft

  • Ultralight trikes

  • Powered paragliders

  • Others



By Application




  • Aviation Services

  • Personal Use

  • Others



By Companies



Terrafugia, Aeromobil, Aero, Kitty Hawk, Airbus S.E, Audi AG, Detroit Flying Cars and others



Regions Covered




  • North America

  • Europe

  • Asia-Pacific

  • Rest of the World



Countries Covered




  • US

  • Canada

  • Germany

  • France

  • UK

  • Italy

  • Spain

  • Rest of Europe

  • China

  • Japan

  • India

  • Australia

  • South Korea

  • Rest of Asia-Pacific

  • Middle East & Africa

  • Latin America



Base Year



2022



Historical Year



2017 to 2021



Forecast Year



2022 to 2027



Number of Pages



105



Customization Available



Yes, the report can be customized as per your needs




 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



Key Takeaways from this Personal Air Vehicles Report




  • Evaluate Personal Air Vehicles market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.

  • Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.

  • Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.

  • Analyze the sales and distribution channels across geographies to enhance top-line revenues.

  • Market share held by each application segment with respect to the market renumeration and sales estimates over the forecast timeline are stated in the report.

  • Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.

  • Get a quick outlook on the Personal Air Vehicles market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.

  • Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.

  • It further investigates the specifics that are positively impacting the profit graph of this business sphere.

  • The study also elaborates the critical factors which will augment the commercial terrain of the Personal Air Vehicles market.



Frequently Asked Questions



What is the study period of this market?



The Personal Air Vehicles Market is studied from 2017 - 2027.



What is the growth rate of Personal Air Vehicles Market?



The Personal Air Vehicles Market is growing at a CAGR of 16.4% over the next 5 years.



Who are the leading key players in Personal Air Vehicles Market?



Terrafugia, Aeromobil, Aero, Kitty Hawk, Airbus S.E, Audi AG, Detroit Flying Cars and others



What regions regions does this Personal Air Vehicles Market report covers?



North America (the United States, Canada, and Mexico)



Europe (Germany, France, UK, Russia, and Italy)



Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)



South America (Brazil, Argentina, Colombia, etc.)



The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)



What are the significant types of Personal Air Vehicles Market?



Roadable aircraft, Ultralight Helicopters, Light-Sport Aircraft, Ultralight trikes, Powered paragliders, Others



What are the significant Applications of Personal Air Vehicles Market?



Aviation Services, Personal Use, Others



All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.


  1. INTRODUCTION

    1. MARKET DEFINATION

    2. MARKET DYNAMICS

    3. MARKET SEGMENTATION

    4. REPORT TIMLINES

    5. KEY STAKEHOLDERS



  2. RESEARCH METHODOLOGY

    1. DATA MINING

      1. SECONDARY RESEARCH

      2. PRIMARY RESEARCH

      3. SUBJECT MATTER EXPERT ADVICE



    2. QUALITY CHECK

    3. FINAL REVIEW

      1. DATA TRIANGULATION

      2. BOTTOM-UP APPROACH

      3. TOP-DOWN APPROACH



    4. RESEARCH FLOW



  3. EXECUTIVE SUMMARY

    1. INTRODUCTION

    2. GLOBAL PERSONAL AIR VEHICLES MARKET BY TYPES

    3. GLOBAL PERSONAL AIR VEHICLES MARKET BY APPLICATIONS



  4. MARKET DYNAMICS

    1. DRIVERS

      1. INCREASING DEMAND FOR PERSONAL AIR VEHICLES



    2. RESTRAINTS

      1. STRINGENT ENVIRONMENTAL REGUALTIONS

      2. HIGH COST ON MATERIALS



    3. OPPORTUNITIES

      1. PERSONAL AIR VEHICLES GROWTH

      2. APPLICATION OF PERSONAL AIR VEHICLES



    4. IMPACT OF COVID 19



  5. GLOBAL PERSONAL AIR VEHICLES MARKET, BY PRODUCT TYPES

    1. INTRODUCTION

    2. ROADABLE AIRCRAFT

    3. ULTRALIGHT HELICOPTERS

    4. LIGHT-SPORT AIRCRAFT

    5. ULTRALIGHT TRIKES

    6. POWERED PARAGLIDERS

    7. OTHERS



  6. GLOBAL PERSONAL AIR VEHICLES MARKET, BY APPLICATION

    1. INTRODUCTION

    2. AVIATION SERVICES

    3. PERSONAL USE

    4. OTHERS



  7. GLOBAL PERSONAL AIR VEHICLES MARKET, BY REGION

    1. NORTH AMERICA

      1. US

      2. CANADA

      3. MEXICO



    2. EUROPE

      1. GERMANY

      2. FRANCE

      3. UK

      4. ITALY

      5. RUSSIA

      6. REST OF EUROPE



    3. APAC

      1. CHINA

      2. SOUTH KOREA

      3. JAPAN

      4. INDIA

      5. AUSTRALIA

      6. ASEAN

      7. REST OF APAC



    4. MIDDLE EAST & AFRICA

      1. SAUDI ARABIA

      2. UAE

      3. SOUTH AFRICA

      4. TURKEY

      5. REST OF MEA



    5. SOUTH AMERICA

      1. BRAZIL

      2. REST OF MEA

      3. ARGENTINA

      4. REST OF SOUTH AMERICA





  8. COMPETITIVE LANDSCAPE

    1. MERGERS, ACQUISITIONS, JOINT VENTURES, COLLABORATIONS,

    2. AND AGREEMENTS

      1. KEY DEVELOPMENT



    3. MARKET SHARE (%) **/RANKING ANALYSIS

    4. STRATEGIES ADOPTED BY LEADING PLAYERS



  9. COMPANY PROFILES

    1. BUSINESS OVERVIEW

    2. COMPANY SNAPSHOT

    3. PRODUCT BENCHMARKING

    4. STRATEGIC INITIATIVES

      1. TERRAFUGIA

      2. AEROMOBIL

      3. AERO,

      4. KITTY HAWK

      5. AIRBUS S.E

      6. AUDI AG

      7. DETROIT FLYING CARS







 

SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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