The ultralight and light aircraft market is estimated at USD 7.1 billion in 2018 and is projected to reach USD 13.9 billion by 2030, at a CAGR of 5.80% from 2018 to 2030
[155 Pages Report] The ultralight and light aircraft market is estimated at USD 7.1 billion in 2018 and is projected to reach USD 13.9 billion by 2030, at a CAGR of 5.80% from 2018 to 2030. Factors expected to fuel the growth of the ultralight and light aircraft market include the increasing demand for recreational flights and deliveries of Unmanned Aerial Vehicles (UAVs). The global deliveries of ultralight and light aircraft are increasing due to the demand for air taxi and urban air mobility.
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Recent Developments
In January 2019, Bell Helicopter, a Textron company (US), revealed the configuration and full-scale Vertical-takeoff-and-landing (VTOL) air taxi vehicle during CES 2019. The air taxi, Bell Nexus, is powered by a hybrid-electric propulsion system and features Bell’s signature powered lift concept incorporating six tilting ducted fans that are designed for safe and efficient air travel.
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| Ultralight and Light Aircraft Market |
In October 2018, the Pilatus (Switzerland) opened a new facility in Broomfield, Colorado US for PC-12 and PC-24 light aircraft models which is expected to enhance the company’s production capacity. In January 2017, Pilatus announced signing 3 PC-21 fleet orders, for a total of 21 PC-21s, of which 17 are for the French Air Force and 2 each for the Royal Jordanian Air Force and QinetiQ. Together, these orders are worth over USD 292.7 million.
In July 2018, Tecnam (Italy) announced contracts from Hellenic Air Force (HAF) of Greece for the supply of 12 low wing trainer aircraft, P2002JF, and in the same month, the company won another contract from the Thai Aviation Academy to provide 2, P2002JF and 1, P2006T twin aircraft.
Key Market Players
Major players in the ultralight and light aircraft market include Aeropro (Slovakia), American Legend Aircraft (US), Autogyro (Germany), Cirrus Aircraft (US) Costruzioni Aeronautiche TECNAM (Italy), Evektor-Aerotechnik (Czech Republic), Flight Design General Aviation (German), P&M Aviation (UK), Pilatus (Switzerland), Piper Aircraft (US), Pipistrel (Slovenia), Quicksilver Aircraft (US), Textron (US), and Vulcan Air (Italy), among others.
Table of Contents
1 Introduction (Page No. - 19)
1.1 Objectives of the Study
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.4 Years Considered for the Study
1.5 Currency
1.6 Limitations
1.7 Market Stakeholders
2 Research Methodology (Page No. - 24)
2.1 Research Data
2.2 Secondary Data
2.2.1 Key Data From Secondary Sources
2.3 Primary Data
2.3.1 Key Data From Primary Sources
2.3.1.1 Breakdown of Primaries
2.4 Market Size Estimation
2.4.1 Market Definition & Scope
2.4.2 Exclusions
2.5 Research Approach & Methodology
2.5.1 Bottom-Up Approach
2.5.1.1 Regional Ultralight and Light Aircraft Market
2.5.1.2 Segment Size of Ultralight and Light Aircraft Market
2.5.1.3 Ultralight and Light Aircraft Market Size, By End Use
2.5.1.4 Ultralight and Light Aircraft Market for Futuristic Technologies
2.6 Top-Down Approach
2.7 Market Breakdown and Data Triangulation
2.8 Assumptions
3 Executive Summary (Page No. - 34)
4 Premium Insights (Page No. - 38)
4.1 Attractive Opportunities in Ultralight and Light Aircraft Market
4.2 Ultralight and Light Aircraft Market, By Propulsion
4.4 Ultralight and Light Aircraft Market for Military, By Ap
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List of Tables (106 Tables)
Table 1 Ownership Cost Analysis of Ultralight Aircraft
Table 2 US Aircraft Accidents, Fatal Accidents, and Fatalities 2010 to 2016
Table 3 Major Developments in the Field of Drone Taxies
Table 4 Ultralight and Light Aircraft Market Size, By Aircraft Type, 2016–2030 (USD Million)
Table 5 Ultralight Aircraft Market Size, By Region, 2016–2030 (USD Million)
Table 6 Light Aircraft Market Size, By Region, 2016–2030 (USD Million)
Table 7 Ultralight and Light Aircraft Market Size, By End Use, 2018–2030 (USD Million)
Table 8 Ultralight and Light Aircraft Market for Civil & Commercial, By Application, 2016–2030 (USD Million)
Table 9 Ultralight and Light Aircraft Market for Civil & Commercial, By Region, 2016-2030 (USD Million)
Table 10 Ultralight and Light Aircraft Market for Military, By Application, 2018–2030 (USD Million)
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List of Figures (37 Figures)
Figure 1 Ultralight and Light Aircraft Market Segmentation
Figure 2 Regional Scope
Figure 3 Research Process Flow
Figure 4 Research Design
Figure 5 Market Size Estimation Methodology: Bottup-Up Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
Figure 7 Data Triangulation Methodology
Figure 8 Ultralight Aircraft Segment is Projected to Lead the Aircraft Type Market During the Forecast Period
Figure 9 Unmanned Segment Projected to Grow at Higher CAGR During Forecast Period as Compared to Manned Segment
Figure 10 Civil & Commercial End-Use Segment Projected to Lead Ultralight and Light Aircraft Market During Forecast Period
Ultralight and Light Aircraft Market Aircraft Type (Ultralight and Light Aircraft), End Use (Civil & Commercial and Military), Flight Operation (CTOL and VTOL), Technology (Manned and Unmanned), Propulsion, Material, and Region - Global Forecast to 2030
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