Report overview
A personal air vehicle (PAV), also personal aerial vehicle, is an emerging type of aircraft proposed to provide on-demand aviation services.
This report aims to provide a comprehensive presentation of the global market for Personal Air Vehicles (PAVs), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Personal Air Vehicles (PAVs). This report contains market size and forecasts of Personal Air Vehicles (PAVs) in global, including the following market information:
Global Personal Air Vehicles (PAVs) Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Personal Air Vehicles (PAVs) market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Lilium GmbH and Vertical Aerospace are the top 2 companies in global personal air vehicles (PAVs) market and account for about 45% of total market share. Geographically speaking, Europe holds about 60% of global market share, followed by North America with about 30% share. In terms of type, five seats segment holds an main share of about 50%. In terms of application, commercial segment accounts for about 99% of the global share.
We surveyed the Personal Air Vehicles (PAVs) companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Personal Air Vehicles (PAVs) Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Personal Air Vehicles (PAVs) Market Segment Percentages, by Type, 2022 (%)
Five Seats
Four Seats
Double Seats
Single Seat
Global Personal Air Vehicles (PAVs) Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Personal Air Vehicles (PAVs) Market Segment Percentages, by Application, 2022 (%)
Commercial
Individual
Global Personal Air Vehicles (PAVs) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Personal Air Vehicles (PAVs) Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Personal Air Vehicles (PAVs) revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Personal Air Vehicles (PAVs) revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Lilium GmbH
Vertical Aerospace
Pipistrel
Opener
Kitty Hawk
Volocopter
AeroMobil
Joby Aviation
Urban Aeronautics (Metro Skyways)
Samson Sky
PAL-V
Hanwha & Overair
Klein Vision
Distar Air
Boeing
Archer Aviation
Eve (Embraer)
Outline of Major Chapters:
Chapter 1: Introduces the definition of Personal Air Vehicles (PAVs), market overview.
Chapter 2: Global Personal Air Vehicles (PAVs) market size in revenue.
Chapter 3: Detailed analysis of Personal Air Vehicles (PAVs) company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Personal Air Vehicles (PAVs) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.