Flying Cars Coming Soon?
Buckle up. A leading expert anticipates that automotive OEMs, start-ups, aerospace companies and other players will make significant investments in the flying cars market and showcase their prototypes in the next 10 years.
According to Frost & Sullivan, flying cars are poised to usher in a whole host of new business services by 2035, including aerial sightseeing services, air surveillance as a service, aerial critical aid delivery, air taxi pay-per-ride, and flying car corporate lease.
The firms notes that the keys to achieving mass commercialization of flying cars and attracting more buyers will depend on increased safety features, optimal regulations, and affordable prices.
The majority of entities involved in flying cars are based in the United States, however, there are participants from a whole host of countries including the UK, France, Germany, Russia, Slovakia, Israel, Russia and Japan.
Among the companies expected to launch flying vehicles by 2022 are PAL-V, Terrafugia, Aeromobil, Ehang, E-Volo, Urban Aeronautics, Kitty Hawk and Lilium Aviation, have completed at least one test flight of their flying car prototypes.
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