Market Overview:
The global ultra-light aircraft market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as the increasing demand for personal transportation, rising air passenger traffic, and technological advancements in ultra-light aircrafts. The global ultra-light aircraft market is segmented on the basis of type into rotary wing and fixed wing. The rotary wing segment is expected to account for a larger share of the market during the forecast period owing to its advantages such as low noise levels and easy maneuverability. On the basis of application, commercial aviation accounted for a larger share of the global ultra-light aircraft market in 2017.
Product Definition:
An ultra-light aircraft is a small, one or two person aircraft that weighs less than 254 pounds (115 kg). They are often made of composite materials and have limited power. Ultra-light aircraft are used for sport flying and recreation.
Rotary Wing:
Rotary wing aircraft are powered by a single main rotor and multiple smaller rotors. The power is generated by the spinning of the main rotor, which causes the multiple smaller rotors to create lift. These types of aircraft have excellent agility and can perform tight turns with minimum fuel consumption.
The primary benefit offered by these types of aircraft is their ability to operate from extremely small runways - even with only one engine operating.
Fixed Wing:
Fixed wing aircraft are the ones with wings that are fixed in a particular configuration and cannot be changed. The most common types of fixed-wing aircraft include airplanes, helicopters, and gliders. Ultra-light Aircraft is an airplane with its weight less than 250 kg (550 pounds). It can cover distances up to 3,000 km (1,865 miles) without refuelling. Such characteristics make it suitable for long distance passenger travel or even military surveillance operations over enemy territory.
Application Insights:
The commercial application segment held the largest share of over 70.0% in 2017. Ultra-light aircraft are used for various commercial applications including air taxi, air ambulance, aerial survey and photography, firefighting and disaster relief operations among others. The personal application segment is expected to witness the fastest growth rate over the forecast period owing to increasing interest in ultra-light aircraft among individuals for recreational flying as well as business travel purposes.
For instance, Cirrus Design Corporation manufactured its first ultra-lightplane back in 1999 and since then has been delivering exceptional comfort and performance along with a high level of safety to its customers worldwide.
Regional Analysis:
North America accounted for the largest market share in 2017. The region is expected to continue its dominance over the forecast period, with ultra-light aircraft being used primarily for personal and recreational purposes. This can be attributed to factors such as a rise in air travel at reduced costs and an increase in leisure time due to technological advancements. Additionally, North America has one of the highest per capita incomes that enable people to spend more on travel and tourism activities. Thus, they prefer using ultra-light aircraft for short flights around towns or cities as it helps them avoid traffic congestion better than larger planes do.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rising disposable income levels among middle class groups especially in developing countries such as India.
Growth Factors:
- Increasing demand for air travel and tourism: The global ultra-light aircraft market is expected to grow at a CAGR of over 7% during the forecast period. This can be attributed to the increasing demand for air travel and tourism, especially in emerging economies such as China and India.
- Rising disposable income: A rise in disposable income has led to an increase in the number of leisure travelers, which is driving the growth of the ultra-light aircraft market.
- Technological advancements: The development of new technologies such as electric propulsion systems is expected to fuel the growth of this market during the forecast period.
- Growing popularity of adventure sports: There has been a growing trend among people towards adventure sports, which is contributing significantly towards the growth of this market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Ultra-light Aircraft Market Research Report
By Type
Rotary Wing, Fixed Wing
By Application
Commercial, Personal
By Companies
P&M Aviation, Costruzioni Aeronautiche TECNAM, Cub Crafters, Flight Design, Quicksilver Aircraft, Jabiru Aircraft, American Legend Aircraft, Aeropro, Gulfstream, Belite Enterprises, P&M Aviation, Cessna, Pilatus Aircraft, Cirrus Aircraft, The Airplane Factory, CGS Aviation, Ekolot, Progressive Aerodyne, FANTASY AIR, Kitfox Aircraft, Tecnam
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
214
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Ultra-light Aircraft Market Report Segments:
The global Ultra-light Aircraft market is segmented on the basis of:
Types
Rotary Wing, Fixed Wing
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial, Personal
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- P&M Aviation
- Costruzioni Aeronautiche TECNAM
- Cub Crafters
- Flight Design
- Quicksilver Aircraft
- Jabiru Aircraft
- American Legend Aircraft
- Aeropro
- Gulfstream
- Belite Enterprises
- P&M Aviation
- Cessna
- Pilatus Aircraft
- Cirrus Aircraft
- The Airplane Factory
- CGS Aviation
- Ekolot
- Progressive Aerodyne
- FANTASY AIR
- Kitfox Aircraft
- Tecnam
Highlights of The Ultra-light Aircraft Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Rotary Wing
- Fixed Wing
- By Application:
- Commercial
- Personal
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ultra-light Aircraft Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Ultra-light aircraft are aircraft that weigh less than the maximum takeoff weight (MTOW) for their class of aircraft.
Some of the major companies in the ultra-light aircraft market are P&M Aviation, Costruzioni Aeronautiche TECNAM, Cub Crafters, Flight Design, Quicksilver Aircraft, Jabiru Aircraft, American Legend Aircraft, Aeropro, Gulfstream, Belite Enterprises, P&M Aviation, Cessna, Pilatus Aircraft, Cirrus Aircraft, The Airplane Factory, CGS Aviation, Ekolot, Progressive Aerodyne, FANTASY AIR, Kitfox Aircraft, Tecnam.
The ultra-light aircraft market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ultra-light Aircraft Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Ultra-light Aircraft Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ultra-light Aircraft Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Ultra-light Aircraft Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Ultra-light Aircraft Market Size & Forecast, 2018-2028
4.5.1 Ultra-light Aircraft Market Size and Y-o-Y Growth
4.5.2 Ultra-light Aircraft Market Absolute $ Opportunity
Chapter 5 Global Ultra-light Aircraft Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Ultra-light Aircraft Market Size Forecast by Type
5.2.1 Rotary Wing
5.2.2 Fixed Wing
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Ultra-light Aircraft Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Ultra-light Aircraft Market Size Forecast by Applications
6.2.1 Commercial
6.2.2 Personal
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ultra-light Aircraft Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Ultra-light Aircraft Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Ultra-light Aircraft Analysis and Forecast
9.1 Introduction
9.2 North America Ultra-light Aircraft Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Ultra-light Aircraft Market Size Forecast by Type
9.6.1 Rotary Wing
9.6.2 Fixed Wing
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Ultra-light Aircraft Market Size Forecast by Applications
9.10.1 Commercial
9.10.2 Personal
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Ultra-light Aircraft Analysis and Forecast
10.1 Introduction
10.2 Europe Ultra-light Aircraft Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Ultra-light Aircraft Market Size Forecast by Type
10.6.1 Rotary Wing
10.6.2 Fixed Wing
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Ultra-light Aircraft Market Size Forecast by Applications
10.10.1 Commercial
10.10.2 Personal
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Ultra-light Aircraft Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Ultra-light Aircraft Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Ultra-light Aircraft Market Size Forecast by Type
11.6.1 Rotary Wing
11.6.2 Fixed Wing
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Ultra-light Aircraft Market Size Forecast by Applications
11.10.1 Commercial
11.10.2 Personal
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Ultra-light Aircraft Analysis and Forecast
12.1 Introduction
12.2 Latin America Ultra-light Aircraft Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Ultra-light Aircraft Market Size Forecast by Type
12.6.1 Rotary Wing
12.6.2 Fixed Wing
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Ultra-light Aircraft Market Size Forecast by Applications
12.10.1 Commercial
12.10.2 Personal
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Ultra-light Aircraft Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Ultra-light Aircraft Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Ultra-light Aircraft Market Size Forecast by Type
13.6.1 Rotary Wing
13.6.2 Fixed Wing
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Ultra-light Aircraft Market Size Forecast by Applications
13.10.1 Commercial
13.10.2 Personal
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Ultra-light Aircraft Market: Competitive Dashboard
14.2 Global Ultra-light Aircraft Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 P&M Aviation
14.3.2 Costruzioni Aeronautiche TECNAM
14.3.3 Cub Crafters
14.3.4 Flight Design
14.3.5 Quicksilver Aircraft
14.3.6 Jabiru Aircraft
14.3.7 American Legend Aircraft
14.3.8 Aeropro
14.3.9 Gulfstream
14.3.10 Belite Enterprises
14.3.11 P&M Aviation
14.3.12 Cessna
14.3.13 Pilatus Aircraft
14.3.14 Cirrus Aircraft
14.3.15 The Airplane Factory
14.3.16 CGS Aviation
14.3.17 Ekolot
14.3.18 Progressive Aerodyne
14.3.19 FANTASY AIR
14.3.20 Kitfox Aircraft
14.3.21 Tecnam
