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The aviation and aerospace sector in North America is experiencing steady growth, leading to a heightened need for ultralight and light aircraft. This demand surge is propelled by factors such as the rapid expansion of aircraft manufacturing, technological advancements, and the flourishing travel and tourism industry.
Based on geography. global ultralight and light aircraft market share is estimated to be led by the Asia-Pacific region. India, with its rapidly expanding civil aviation sector, is forecasted to surpass 500 million domestic and international air travellers by 2030. According to the International Trade Administration, India has the potential to emerge as the world's premier aviation market by 2047.
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.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Ultralight and Light Aircraft Market Analysis
8.1 Key Industry Highlights
8.2 Global Ultralight and Light Aircraft Historical Market (2018-2023)
8.3 Global Ultralight and Light Aircraft Market Forecast (2024-2032)
8.4 Global Ultralight and Light Aircraft Market by Aircraft Type
8.4.1 Light Aircraft
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Ultralight Aircraft
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Ultralight and Light Aircraft Market by End Use
8.5.1 Civil and Commercial
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Military
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Global Ultralight and Light Aircraft Market by Flight Operation
8.6.1 Vertical Take-Off and Landing (VTOL)
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Conventional Take-Off and Landing (CTOL)
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.7 Global Ultralight and Light Aircraft Market by Propulsion
8.7.1 Electric/Hybrid
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Conventional Fuel
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.8 Global Ultralight and Light Aircraft Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2023)
8.8.4.2 Forecast Trend (2024-2032)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2023)
8.8.5.2 Forecast Trend (2024-2032)
9 North America Ultralight and Light Aircraft Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Ultralight and Light Aircraft Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Ultralight and Light Aircraft Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Ultralight and Light Aircraft Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Ultralight and Light Aircraft Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 American Legend Aircraft Company
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Aeropro SK s.r.o.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 AutoGyro GmbH
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Textron Inc.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 ATEC v.o.s
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Evektor, spol. s r. o.
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Pilatus Aircraft Ltd.
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Air Tractor, Inc.
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Ultralight and Light Aircraft Market: Key Industry Highlights, 2018 and 2032
2. Global Ultralight and Light Aircraft Historical Market: Breakup by Aircraft Type (USD Million), 2018-2023
3. Global Ultralight and Light Aircraft Market Forecast: Breakup by Aircraft Type (USD Million), 2024-2032
4. Global Ultralight and Light Aircraft Historical Market: Breakup by End Use (USD Million), 2018-2023
5. Global Ultralight and Light Aircraft Market Forecast: Breakup by End Use (USD Million), 2024-2032
6. Global Ultralight and Light Aircraft Historical Market: Breakup by Flight Operation (USD Million), 2018-2023
7. Global Ultralight and Light Aircraft Market Forecast: Breakup by Flight Operation (USD Million), 2024-2032
8. Global Ultralight and Light Aircraft Historical Market: Breakup by Propulsion (USD Million), 2018-2023
9. Global Ultralight and Light Aircraft Market Forecast: Breakup by Propulsion (USD Million), 2024-2032
10. Global Ultralight and Light Aircraft Historical Market: Breakup by Region (USD Million), 2018-2023
11. Global Ultralight and Light Aircraft Market Forecast: Breakup by Region (USD Million), 2024-2032
12. North America Ultralight and Light Aircraft Historical Market: Breakup by Country (USD Million), 2018-2023
13. North America Ultralight and Light Aircraft Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Europe Ultralight and Light Aircraft Historical Market: Breakup by Country (USD Million), 2018-2023
15. Europe Ultralight and Light Aircraft Market Forecast: Breakup by Country (USD Million), 2024-2032
16. Asia Pacific Ultralight and Light Aircraft Historical Market: Breakup by Country (USD Million), 2018-2023
17. Asia Pacific Ultralight and Light Aircraft Market Forecast: Breakup by Country (USD Million), 2024-2032
18. Latin America Ultralight and Light Aircraft Historical Market: Breakup by Country (USD Million), 2018-2023
19. Latin America Ultralight and Light Aircraft Market Forecast: Breakup by Country (USD Million), 2024-2032
20. Middle East and Africa Ultralight and Light Aircraft Historical Market: Breakup by Country (USD Million), 2018-2023
21. Middle East and Africa Ultralight and Light Aircraft Market Forecast: Breakup by Country (USD Million), 2024-2032
22. Global Ultralight and Light Aircraft Market Structure
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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