Global Personal Air Vehicles (PAVs) Market 2025 by Company, Regions, Type and Application, Forecast to 2031

According to our latest research, the global Personal Air Vehicles (PAVs) market size will reach USD 297660 million in 2031, growing at a CAGR of 144.1% over the analysis period.

Personal Air Vehicles (PAVs) represent an innovation in future transportation, aiming to provide individuals with efficient, convenient and environmentally friendly air travel solutions. PAVs are usually designed as small, autonomous or semi-autonomous aircraft capable of vertical take-off and landing (VTOL), suitable for short and medium-distance travel in cities and suburbs. These aircraft combine advanced aviation technology and intelligent control systems to ensure safety and ease of operation.

Global Personal Air Vehicles (PAVs) key players include Lilium GmbH, Vertical Aerospace, Joby Aviation, Boeing, Archer Aviation and Eve (Embraer), etc. Global top five manufacturers hold a share over 70%.

The largest market is Europe, has a share about 60%, followed by North America and Asia-Pacific, with around 30% and 10% market share respectively.

In terms of product, Single Seat is the largest segment, with a share over 40%. And in terms of application, the largest application is Commercial, has a share about 95%, followed by Individual.

With the acceleration of urbanization and the increasing problem of ground traffic congestion, PAVs are seen as one of the effective ways to ease traffic pressure. They can utilize existing airspace resources, reduce dependence on road infrastructure, and reduce energy consumption and environmental pollution by optimizing route planning. In addition, the application of electric or hybrid propulsion systems further enhances the environmental protection characteristics of PAVs, reducing noise and greenhouse gas emissions. The development of unmanned driving technology and artificial intelligence makes automated flight possible, while 5G communication networks provide real-time data transmission and remote monitoring capabilities. At the same time, advances in material science have brought about lighter but more durable body structures, extending flight time and range. Some leading aerospace companies such as Boeing and Airbus and emerging companies such as Joby Aviation and Lilium are actively developing and testing various models of PAVs.

The Personal Air Vehicles (PAVs) market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.

Market segmentation

Personal Air Vehicles (PAVs) market is split by Type and by Application. For the period 2025-2031, the growth among segments provide accurate calculations and forecasts for revenue by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type, covers
Five Seats
Four Seats
Double Seats
Single Seat

Market segment by Application, can be divided into
Individual
Commercial

Market segment by players, this report covers
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)

Market segment by regions, regional analysis covers
North America
Europe
Asia-Pacific
South America
Middle East & Africa