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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Ultralight and Light Aircraft Market Competitive Landscape
Key players are propelling the global ultralight and light aircraft market by specializing in aircraft tailored for specific markets.
American Legend Aircraft Company, situated in the United States, produces domestically manufactured sport aircraft. It has earned a reputation as a contemporary icon, with pilots often regarding the Legend Cub as the most enjoyable recreational aircraft currently available. The present-day Legend Cub is a newly designed, factory-built plane, created in homage to the iconic Piper J-3, PA-11, and PA-18 Super Cubs.
Pilatus Aircraft Ltd., established in 1939, and headquartered in Switzerland, specializes in crafting aircraft primarily tailored for specific markets, notably focusing on short take-off and landing (STOL) planes along with military training aircraft.
AutoGyro GmbH founded in 1999 and headquartered in Germany, is a company specializing in the creation and production of autogyros, offering fully assembled aircraft ready for flight. The company has achieved commercial success with its designs, incorporating features such as a mast-mounted vibration-dampening system.
Textron Inc. was established in 2014 and is situated in the United States, it is renowned for its design, construction, and support of versatile military aircraft, widely favoured for both training purposes and attack missions.
Other key players in the global ultralight and light aircraft market are Aeropro SK s.r.o., ATEC v.r.o, Evektor, spol. s r. o., and Air Tractor, Inc. among others.
Ultralight and Light Aircraft Market Report Snapshots
Ultralight and Light Aircraft Market Size
Ultralight and Light Aircraft Market Trends
Ultralight and Light Aircraft Companies
Ultralight and Light Aircraft Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market was estimated to be valued at USD 8.33 billion in 2023.
The market is projected to grow at a CAGR of 4.6% between 2024 and 2032.
The market is expected to reach USD 12.37 billion in 2032.
Factors driving the ultralight and light aircraft demand include the introduction of new-generation planes, increased commercial applications, expanding use in agriculture, and growing interest as a leisure pursuit.
The market is categorised according to its aircraft type, which includes light aircraft and ultralight aircraft.
The market key players are American Legend Aircraft Company., Aeropro SK s.r.o., AutoGyro GmbH, Textron Inc., ATEC v.o.s, Evektor, spol. s r. o., Pilatus Aircraft Ltd., and Air Tractor, Inc. among others.
Based on the flight operations it is divided into vertical take-off and landing (VTOL) and conventional take-off and landing (CTOL).
The major market areas include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Based on the end use, the market is divided into civil commercial and military.
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