Reports
Amid Ukraine-Russia crisis, our analysts and industry experts are closely monitoring the markets and working hard to identify, gather and timely deliver analysis of the impact of the situation and the impact that it has on various markets. All our reports are updated with the latest impact on the market before being sent out to our customers.
Global Ultralight and Light Aircraft Market: By Aircraft Type: Light Aircraft, Ultralight Aircraft; By End Use: Civil and Commercial, Military; By Flight Operation; By Propulsion; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Value Chain Analysis; Competitive Landscape; Industry Events and Developments
Global Ultralight and Light Aircraft Market Outlook
The global ultralight and light aircraft market stood at a value of around USD 7.63 billion in 2021. The market is further expected to grow at a CAGR of 4.50% in the forecast period of 2023-2028 to attain USD 9.93 billion by 2027.
Increasing Demand for Light Aircraft to Aid the Global Ultralight and Light Aircraft Industry
The light aircraft segment based on aircraft type accounts for a significant share in the market, owing to the rising application of the product in the military and defence sector. Light aircraft offers tiny visual and radar signatures, which bolster the element of surprise by enabling air-to-air kills. In addition to this, light aircraft are reliable. Meanwhile, the rising demand for light aircraft in commercial applications is likely to provide impetus to the market. Hence, the light aircraft segment is anticipated to witness a healthy growth in the forecast period.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
North America Accounts for a Significant Share in the Ultralight and Light Aircraft Industry
The ultralight and light aircraft industry in North America is driven by factors such as the rising investments towards modernising existing aircraft and a significant increase in pilot training activities. In addition to this, the growing popularity of indigenously built ultralight aircraft such as Thunder Gull 2000 and others is likely to provide impetus to the market in the region. Furthermore, the market is anticipated to be aided by the presence of the leading aircraft manufacturing companies in the United States.
Ultralight and Light Aircraft: Market Segmentation
Ultralight and light aircraft is defined as a minimal aircraft which requires minimum power. It possesses slow cruise with slow landing speeds. Meanwhile, light aircraft is defined as a small aircraft which is designed to carry a relatively smaller number of passengers and quantity of goods.
Based on aircraft type, the market can be segmented into:
- Light Aircraft
- Ultralight Aircraft
The major end uses of the product include:
- Civil and Commercial
- Commercial Cargo
- Passenger
- Agriculture
- Survey and Research
- Private
- Training
- Medical
- Others
- Military
- Intelligence, Surveillance, and Reconnaissance (ISR)
- Search and Rescue
- Military Cargo
- Training
- Others
On the basis of flight operation, the market is segmented into:
- Vertical Take-Off and Landing (VTOL)
- Conventional Take-Off and Landing (CTOL)
By propulsion, the market can be divided into:
- Electric/Hybrid
- Solar Powered
- Battery Powered
- Fuel Cell Powered
- Fully Electric
- Conventional Fuel
- Turboprop
- Piston Engine
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Rising Application of Ultralight and Light Aircraft in the Civil and Commercial Sector to Boost the Growth of the Ultralight and Light Aircraft Industry
The global ultralight and light aircraft industry is driven by the rising application of these aircraft in the civil and commercial sector, for instance, in the agricultural sector for activities such as ultra-low volume (ULV) spraying and pest control. Light and ultralight aircraft are suitable for small and irregular areas. Apart from this, the rising utilisation of these aircraft in military and defence operations, including search and rescue, surveillance, and training, among others, is expected to further aid the market. The increasing military expenditure in developed and developing economies to bolster defence capabilities is likely to favour the market growth in the forecast period.
Key Industry Players in the Global Ultralight and Light Aircraft Market
The report gives a detailed analysis of the following key players in the global ultralight and light aircraft market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- American Legend Aircraft Co.
- Aeropro s.r.o.
- AutoGyro GmbH
- Textron Aviation Inc.
- PIPISTREL d.o.o.
- Evektor, spol. s r. o.
- Pilatus Aircraft Ltd.
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Aircraft Type, End Use, Flight Operation, Propulsion, Region |
| Breakup by Aircraft Type | Light Aircraft, Ultralight Aircraft |
| Breakup by End Use | Civil and Commercial, Military |
| Breakup by Flight Operation | Vertical Take-Off and Landing (VTOL), Conventional Take-Off and Landing (CTOL) |
| Breakup by Propulsion | Electric/Hybrid, Conventional Fuel |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | American Legend Aircraft Co., Aeropro s.r.o., AutoGyro GmbH, Textron Aviation Inc., PIPISTREL d.o.o., Evektor, spol. s r. o., Pilatus Aircraft Ltd., Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
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 (2018-2022)
8.3 Global Ultralight and Light Aircraft Market Forecast (2023-2028)
8.4 Global Ultralight and Light Aircraft Market by Aircraft Type
8.4.1 Light Aircraft
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Ultralight Aircraft
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.5 Global Ultralight and Light Aircraft Market by End Use
8.5.1 Civil and Commercial
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Military
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.6 Global Ultralight and Light Aircraft Market by Flight Operation
8.6.1 Vertical Take-Off and Landing (VTOL)
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Conventional Take-Off and Landing (CTOL)
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.7 Global Ultralight and Light Aircraft Market by Propulsion
8.7.1 Electric/Hybrid
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Conventional Fuel
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.8 Global Ultralight and Light Aircraft Market by Region |
8.8.1 North America
8.8.1.1 Market Share
8.8.1.2 Historical Trend (2018-2022)
8.8.1.3 Forecast Trend (2023-2028)
8.8.2 Europe
8.8.2.1 Market Share
8.8.2.2 Historical Trend (2018-2022)
8.8.2.3 Forecast Trend (2023-2028)
8.8.3 Asia Pacific
8.8.3.1 Market Share
8.8.3.2 Historical Trend (2018-2022)
8.8.3.3 Forecast Trend (2023-2028)
8.8.4 Latin America
8.8.4.1 Market Share
8.8.4.2 Historical Trend (2018-2022)
8.8.4.3 Forecast Trend (2023-2028)
8.8.5 Middle East and Africa
8.8.5.1 Market Share
8.8.5.2 Historical Trend (2018-2022)
8.8.5.3 Forecast Trend (2023-2028)
9 North America Ultralight and Light Aircraft Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Ultralight and Light Aircraft Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Ultralight and Light Aircraft Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Ultralight and Light Aircraft Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Ultralight and Light Aircraft Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
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 Co.
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 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 Aviation 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 PIPISTREL d.o.o.
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 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 2028
2. Global Ultralight and Light Aircraft Historical Market: Breakup by Aircraft Type (USD Million), 2018-2022
3. Global Ultralight and Light Aircraft Market Forecast: Breakup by Aircraft Type (USD Million), 2023-2028
4. Global Ultralight and Light Aircraft Historical Market: Breakup by End Use (USD Million), 2018-2022
5. Global Ultralight and Light Aircraft Market Forecast: Breakup by End Use (USD Million), 2023-2028
6. Global Ultralight and Light Aircraft Historical Market: Breakup by Flight Operation (USD Million), 2018-2022
7. Global Ultralight and Light Aircraft Market Forecast: Breakup by Flight Operation (USD Million), 2023-2028
8. Global Ultralight and Light Aircraft Historical Market: Breakup by Propulsion (USD Million), 2018-2022
9. Global Ultralight and Light Aircraft Market Forecast: Breakup by Propulsion (USD Million), 2023-2028
10. Global Ultralight and Light Aircraft Historical Market: Breakup by Region (USD Million), 2018-2022
11. Global Ultralight and Light Aircraft Market Forecast: Breakup by Region (USD Million), 2023-2028
12. North America Ultralight and Light Aircraft Historical Market: Breakup by Country (USD Million), 2018-2022
13. North America Ultralight and Light Aircraft Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Europe Ultralight and Light Aircraft Historical Market: Breakup by Country (USD Million), 2018-2022
15. Europe Ultralight and Light Aircraft Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Asia Pacific Ultralight and Light Aircraft Historical Market: Breakup by Country (USD Million), 2018-2022
17. Asia Pacific Ultralight and Light Aircraft Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Latin America Ultralight and Light Aircraft Historical Market: Breakup by Country (USD Million), 2018-2022
19. Latin America Ultralight and Light Aircraft Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Middle East and Africa Ultralight and Light Aircraft Historical Market: Breakup by Country (USD Million), 2018-2022
21. Middle East and Africa Ultralight and Light Aircraft Market Forecast: Breakup by Country (USD Million), 2023-2028
22. Global Ultralight and Light Aircraft Market Structure
Key Questions Answered in the Report
In 2021, the global ultralight and light aircraft market attained a value of nearly USD 7.63 billion.
The market is estimated to grow at a CAGR of 4.50% between 2023 and 2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach USD 9.93 billion by 2027.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major drivers of the industry, such as the rising application of light and ultralight aircraft in the civil and commercial sector, growing investments in the military and defence applications, and the benefits offered by these aircraft, are expected to aid the market growth.
The key market trends guiding the growth of the industry include the growing technological advancements in the field of aviation.
Light aircraft and ultralight aircraft are the major aircraft types included in the market report.
Civil and commercial and military are the different end uses of the product.
Vertical take-off and landing (VTOL) and conventional take-off and landing (CTOL) are the different segments based on flight operation.
Electric/hybrid and conventional fuel are the different segments based on propulsion.
The major players in the industry are American Legend Aircraft Co., Aeropro s.r.o., AutoGyro GmbH, Textron Aviation Inc., PIPISTREL d.o.o., Evektor, spol. s r. o., and Pilatus Aircraft Ltd., among others.
Analyst Review
The global ultralight and light aircraft market attained a value of USD 7.63 billion in 2021, driven by the rising application of ultralight and light aircraft in the military and defence sector. Aided by the rising investments in the research and development activities, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 4.50%. The market is projected to reach USD 9.93 billion by 2027.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on aircraft type, the market is divided into light aircraft and ultralight aircraft. On the basis of end use, the market is divided into civil and commercial and military. Based on flight operation, the market is segmented into vertical take-off and landing (VTOL) and conventional take-off and landing (CTOL). By propulsion, the market is divided into electric /hybrid and conventional fuel. The major regional markets for ultralight and light aircraft are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include American Legend Aircraft Co., Aeropro s.r.o., AutoGyro GmbH, Textron Aviation Inc., PIPISTREL d.o.o., Evektor, spol. s r. o., and Pilatus Aircraft Ltd., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
Purchase Options
Call us on
Purchase Full Report
Mini Report
$1699
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next UpdateSingle User License
$2799-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited CustomisationPost Sales Analyst Support50% Discount on Next Update
Five User License
$3999-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$4999-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Contact AnalystAny Question? Speak With An Analyst
Request SampleView A Sample
Request CustomisationDid You Miss Anything, Ask Now
Why Expert Market Research?Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
Similar Reports
NEWSLETTER