Flying Bikes Market Trends, Demand, Growth, Opportunities and Key Manufacturers Forecast to 2030

According to a recent report published by Allied Market Research, titled, "Flying Bikes Market by Application and Mode of Operation: Global Opportunity Analysis and Industry Forecast, 2021-2030,"

𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐚𝐭: https://www.alliedmarketresearch.com/request-sample/9460

Change in urban mobility outlook and upcoming application areas for flying bikes are expected to drive the flying bikes market during the forecast period. Safety issues with flying bikes and high cost of flying bikes are anticipated to hamper the growth of the market. Moreover, acquiring the untapped potential of Asia-Pacific market and strategic developments by major players are expected to offer lucrative opportunities for the market in future.

North America dominates the market, in terms of revenue, followed by Europe, Asia-Pacific, and LAMEA. U.S. dominated the global flying bikes market share in North America in 2020, owing to increase in R&D activities, technological developments by various players, and rapid adoption of innovative technologies in making safer, convenient, & efficient flying bikes. North America is expected to grow at a significant rate during the forecast period due to rise in demand for faster and convenient next-generation technologies, such as flying bikes.

The global flying bikes market was valued at $52.2 million in 2021, and is projected to reach $306.1 million by 2030, registering a CAGR of 21.7%.

𝗜𝗻𝘁𝗲𝗿𝗲𝘀𝘁𝗲𝗱 𝘁𝗼 𝗣𝗿𝗼𝗰𝘂𝗿𝗲 𝘁𝗵𝗲 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗥𝗲𝗽𝗼𝗿𝘁? 𝗜𝗻𝗾𝘂𝗶𝗿𝗲 𝗕𝗲𝗳𝗼𝗿𝗲 𝗕𝘂𝘆𝗶𝗻𝗴 - https://www.alliedmarketresearch.com/purchase-enquiry/9460

By application, the hoverbikes market is categorized into emergency services, transportation, police administration, military & defense purposes, and others. The emergency services segment accounted for the highest revenue in 2020, owing to high demand for advanced aerial platforms that are fast, safe, and can be operated at constricted spaces.

By mode of operation, the flying bikes market is divided into electric, hybrid, and others. The electric segment accounted for the highest revenue in 2020, owing to increase in demand for lighter, safer, and carbon-neutral next-generation aerial mobility solutions.

Key players that operate in the global flying bikes market include A.L.I. Technologies, Aerofex Corporation, Bay Zoltan Applied Research Non-Profit Ltd., BMW Motorrad, DuratecS.R.O, HOVER, Jetpack Aviation, Kalashnikov Concern JSC, Lazareth Auto-Moto, and Malloy Aeronautics.

Key Findings Of The Study

By application, the emergency services segment is expected to register a significant growth during the forecast period.
By mode of operation, the electric segment is expected to register a significant growth during the forecast period.
By region, North America is anticipated to register the highest CAGR during the forecast period.

𝗣𝗿𝗼𝗰𝘂𝗿𝗲 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗥𝗲𝗽𝗼𝗿𝘁 (180 𝗣𝗮𝗴𝗲𝘀 𝗣𝗗𝗙 𝘄𝗶𝘁𝗵 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀, 𝗖𝗵𝗮𝗿𝘁𝘀, 𝗧𝗮𝗯𝗹𝗲𝘀, 𝗙𝗶𝗴𝘂𝗿𝗲𝘀) 𝗮𝘁: https://www.alliedmarketresearch.com/flying-bikes-hoverbikes-market/purchase-options

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.