The Global Ultralight and Light Aircraft Market is expected to be around US$ 16 Billion by 2027 at a CAGR of 6.19% in the given forecast period.
Ultralight craft square measure light-weight craft that have capability for one or 2 individuals, and square measure designed for brief distance travel. They are wide utilized in recreational and aero sports activities like paragliding, jump, glide, air racing, drone sport, and stunting. The Ultralight craft (also called the microlight craft in an exceedingly few nations) it’s the craft of light-weight, that may be a fixed-wing craft with 1-or 2-seats. A couple of nations distinguish between the management of weight-shift and therefore the ancient 3-axial management air ship with rudder, carry and ailerons, job the previous “microlight” and therefore the last “ultralight”. Therefore, the Ultralight and lightweight craft Market is anticipated to expand and has tremendous scope throughout the forecast amount.
Increase in indulgence in recreational activities is that the key issue that enhances the expansion of the world ultralight craft market growth. additionally, upsurge in demand for ultralight craft for varied sports & recreational activities fuels the market growth. Also, as these craft square measure lighter in weight and have high speed, their demand across business and military sectors has exaggerated at a substantial rate. Moreover, reduced operational prices, lower maintenance, and economical purchase propel the expansion of the market. However, safety considerations of pilot & passengers, dearth of arch pilots, and lack of standardization act as major restraints of the ultralight craft market. On the contrary, technological advancements and instruction of safety choices for pilot & passengers square measure anticipated to supply profitable chance to players within the ultralight craft trade.
The global Ultralight and Light Aircraft market is segregated on the basis of Aircraft Type as Ultralight Aircraft and Light Aircraft. Based on End Use the global Ultralight and Light Aircraft market is segmented in Civil & Commercial and Military. Based on Technology the global Ultralight and Light Aircraft market is segmented in Manned and Unmanned.
Based on Propulsion, the global Ultralight and Light Aircraft market is segmented in Electric/Hybrid and Conventional Fuel. The report also bifurcates the global Ultralight and Light Aircraft market based on Flight Operation in Ctol and Vtol. The report also bifurcates the global Ultralight and Light Aircraft the global Material market is segmented in Aluminum, Composites, and Others.
The global Ultralight and Light Aircraft market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Ultralight and Light Aircraft market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Pipistrel D.O.O Ajdovšèina, Evektor-Aerotechnik, American Legend Aircraft Co., P&M Aviation, Quicksilver Aircraft, Costruzioni Aeronautiche Tecnam S.R.L., Flight Design General Aviation GmbH, Textron Inc., Aeropro, Autogyro GmbH, and others are among the major players in the global Ultralight and Light Aircraft market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Ultralight and Light Aircraft Market has been segmented as below:
Ultralight and Light Aircraft Market, By Aircraft Type
Ultralight and Light Aircraft Market, By End Use
Ultralight and Light Aircraft Market, By Technology
Ultralight and Light Aircraft Market, By Propulsion
Ultralight and Light Aircraft Market, By Flight Operation
Ultralight and Light Aircraft Market, By Material
Ultralight and Light Aircraft Market, By Region
Ultralight and Light Aircraft Market, By Company
The report covers:
Report Scope:
The global Ultralight and Light Aircraft market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Ultralight and Light Aircraft market share. Major industry players with significant revenue share include Pipistrel D.O.O Ajdovšèina, Evektor-Aerotechnik, American Legend Aircraft Co., P&M Aviation, Quicksilver Aircraft, Costruzioni Aeronautiche Tecnam S.R.L., Flight Design General Aviation GmbH, Textron Inc., Aeropro, Autogyro GmbH, and others.
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1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach – Segmental Market Analysis
2.5.2 Top-Down Approach – Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter’s Five Force Analysis
5. Ultralight and Light Aircraft Market, By Aircraft Type
5.1 Introduction
5.2 Ultralight Aircraft
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Light Aircraft
5.3.1 Market Overview
5.3.2 Market Size and Forecast
6. Ultralight and Light Aircraft Market, By End User
6.1 Introduction
6.2 Civil & Commercial
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Military
6.3.1 Market Overview
6.3.2 Market Size and Forecast
7. Ultralight and Light Aircraft Market, By Technology
7.1 Introduction
7.2 Manned
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 Unmanned
7.3.1 Market Overview
7.3.2 Market Size and Forecast
8. Ultralight and Light Aircraft Market, By Propulsion
8.1 Introduction
8.2 Electric/Hybrid
8.2.1 Market Overview
8.2.2 Market Size and Forecast
8.3 Conventional Fuel
8.3.1 Market Overview
8.3.2 Market Size and Forecast
9. Ultralight and Light Aircraft Market, By Flight Operation
9.1 Introduction
9.2 Ctol
9.2.1 Market Overview
9.2.2 Market Size and Forecast
9.3 Vtol
9.3.1 Market Overview
9.3.2 Market Size and Forecast
10. Ultralight and Light Aircraft Market, By Material
10.1 Introduction
10.2 Aluminum
10.2.1 Market Overview
10.2.2 Market Size and Forecast
10.3 Composites
10.3.1 Market Overview
10.3.2 Market Size and Forecast
10.4 Others
10.4.1 Market Overview
10.4.2 Market Size and Forecast
11. Ultralight and Light Aircraft Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 North America Ultralight and Light Aircraft, By Aircraft Type
11.2.2 North America Ultralight and Light Aircraft, By End Use
11.2.3 North America Ultralight and Light Aircraft, By Technology
11.2.4 North America Ultralight and Light Aircraft, By Propulsion
11.2.5 North America Ultralight and Light Aircraft, By Flight Operation
11.2.6 North America Ultralight and Light Aircraft, By Material
11.3 Europe
11.3.1 Europe Ultralight and Light Aircraft, By Aircraft Type
11.3.2 Europe Ultralight and Light Aircraft, By End Use
11.3.3 Europe Ultralight and Light Aircraft, By Technology
11.3.4 Europe Ultralight and Light Aircraft, By Propulsion
11.3.5 Europe Ultralight and Light Aircraft, By Flight Operation
11.3.6 Europe Ultralight and Light Aircraft, By Material
11.4 Asia-Pacific
11.4.1 Asia-Pacific Ultralight and Light Aircraft, By Aircraft Type
11.4.2 Asia-Pacific Ultralight and Light Aircraft, By End Use
11.4.3 Asia-Pacific Ultralight and Light Aircraft, By Technology
11.4.4 Asia-Pacific Ultralight and Light Aircraft, By Propulsion
11.4.5 Asia-Pacific Ultralight and Light Aircraft, By Flight Operation
11.4.6 Asia-Pacific Ultralight and Light Aircraft, By Material
11.5 Rest of the World
11.5.1 Rest of the World Ultralight and Light Aircraft, By Aircraft Type
11.5.2 Rest of the World Ultralight and Light Aircraft, By End Use
11.5.3 Rest of the World Ultralight and Light Aircraft, By Technology
11.5.4 Rest of the World Ultralight and Light Aircraft, By Propulsion
11.5.5 Rest of the World Ultralight and Light Aircraft, By Flight Operation
11.5.6 Rest of the World Ultralight and Light Aircraft, By Material
12. Competitive Insights
12.1 Key Insights
12.2 Company Market Share Analysis
12.3 Strategic Outlook
12.3.1 Mergers & Acquisitions
12.3.2 New Product Development
12.3.3 Portfolio/Production Capacity Expansions
12.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
12.3.5 Others
13. Company Profiles
13.1 Pipistrel D.O.O Ajdovšèina
13.1.1 Company Overview
13.1.2 Product/Service Landscape
13.1.3 Financial Overview
13.1.4 Recent Developments
13.2 Evektor-Aerotechnik
13.2.1 Company Overview
13.2.2 Product/Service Landscape
13.2.3 Financial Overview
13.2.4 Recent Developments
13.3 American Legend Aircraft Co.
13.3.1 Company Overview
13.3.2 Product/Service Landscape
13.3.3 Financial Overview
13.3.4 Recent Developments
13.4 P&M Aviation
13.4.1 Company Overview
13.4.2 Product/Service Landscape
13.4.3 Financial Overview
13.4.4 Recent Developments
13.5 Quicksilver Aircraft
13.5.1 Company Overview
13.5.2 Product/Service Landscape
13.5.3 Financial Overview
13.5.4 Recent Developments
13.6 Costruzioni Aeronautiche Tecnam S.R.L.
13.6.1 Company Overview
13.6.2 Product/Service Landscape
13.6.3 Financial Overview
13.6.4 Recent Developments
13.7 Flight Design General Aviation GmbH
13.7.1 Company Overview
13.7.2 Product/Service Landscape
13.7.3 Financial Overview
13.7.4 Recent Developments
13.8 Textron Inc.
13.8.1 Company Overview
13.8.2 Product/Service Landscape
13.8.3 Financial Overview
13.8.4 Recent Developments
13.9 Aeropro
13.9.1 Company Overview
13.9.2 Product/Service Landscape
13.9.3 Financial Overview
13.9.4 Recent Developments
13.10 Autogyro GmbH
13.10.1 Company Overview
13.10.2 Product/Service Landscape
13.10.3 Financial Overview
13.10.4 Recent Developments
The Ultralight and Light Aircraft Market has been segmented as below:
Ultralight and Light Aircraft Market, By Aircraft Type
Ultralight and Light Aircraft Market, By End Use
Ultralight and Light Aircraft Market, By Technology
Ultralight and Light Aircraft Market, By Propulsion
Ultralight and Light Aircraft Market, By Flight Operation
Ultralight and Light Aircraft Market, By Material
Ultralight and Light Aircraft Market, By Region
Ultralight and Light Aircraft Market, By Company
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