Will 2022 be the year we finally get flying cars?
Frost & Sullivan announced that it is expecting automotive OEMs, start-ups, aerospace companies, and other players to make significant investments in the flying cars market and showcase their prototypes in the next 10 years. The research firm goes on to state that, “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 key to achieving mass commercialization of flying cars and attracting more buyers, according to Frost & Sullivan, will depend on increased safety features, optimal regulations, and affordable prices.
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. Each has reportedly completed at least one test flight of their flying car prototypes, but PAL-V has gone a step further and initiated the pre-sales of its Liberty Pioneer model flying car, which the company aims to deliver by the end 2018.
To that end, Frost & Sullivan is hosting an event to present ideas from companies involved in the research and development of flying cars in London on June 29. The annual event "Intelligent Mobility," which will be at the Jumeirah Carlton Hotel in London, will offer insights into the future of mobility from leading OEMs and tier-one suppliers, industry thinkers, policymakers, and more from companies like Jaguar Land Rover, Facebook, Renault–Nissan Alliance, MAN Trucks, the Financial Times, Mahindra & Mahindra, Transport for London, the Centre for Connected and Autonomous Vehicles, as well as PAL-V International B.V., and Mohyi Labs.
"It will be interesting to see the first applications of flying vehicles. Although the ultimate goal of manufacturers is to address the issue of personal mobility, commercial applications are expected to commence through recreational activities in the form of what could be termed as a single seater flying scooter," said Sarwant Singh, Senior Partner Frost & Sullivan. "From flying vehicle rides in amusement parks, aerial sightseeing of landmarks, to a star attraction at events, the recreational potential of flying vehicles is limitless."
To download the Intelligent Mobility brochure and register to attend the event, visit www.frost.com/intmob.