Ultralight and Light Aircraft Market - Trends Forecast Till 2028

Market Overview

Global Ultralight and Light Aircraft Market is anticipated to reach USD 5.7 billion in 2021 growing at a CAGR of 7.8% during the forecasting period, 2021-2028. 

Ultralight aircraft are aircraft which has an empty weight of less than 254 pounds or 114 kg. These have a maximum fuel capacity of about 19 litres. These can travel short distances and are for 1-2 people. They are extensively used in recreation activities. Their wing is fixed. Ultralight aircraft are prohibited over congested areas. The major types of ultralight aircraft are 1. Fixed-wing aircraft 2. Weight shift control trike helicopter 4. Powered parachute and 5. Hot air balloon.

Due to the increased use of drones for military purposes and also the low cost of purchase and maintenance are some of the factors that have supported long-term expansion for the Ultralight and light aircraft industry. 

Key Findings

Global Ultralight and Light Aircraft Market is segmented into Aircraft type, end-use, flight operation, technology, propulsion, material, system, and geography.

Aircraft Type segment is segmented into Ultralight & Light Aircraft

Flight operation segment is segmented into CTOL & VTOL

End-Use segment is segmented into Civil & Commercial and Military

Technology segment is segmented into Manned & Unmanned

Geographically, Global Ultralight and Light Aircraft Market is sub-segmented into North America, Europe, Asia-Pacific, Middle East and Africa, and South America and insights are provided for each region and major countries within the regions

Competitive Landscape

Key players in the global Ultralight and Light Aircraft Market are Aeropro (Slovakia), American Legend Aircraft (US), Autogyro (Germany), Cirrus Aircraft (US) Costruzioni Aeronautiche TECNAM (Italy), Flight Design General Aviation (German), Pilatus (Switzerland), Piper Aircraft (US), Pipistrel (Slovenia) and  Textron (US) among others. 

Reasons to Acquire

• Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
• Gain authentic and granular data access for Global Ultralight and Light Aircraft Market so as to understand the trends and the factors involved behind changing market situations
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope