Market Overview:
The global ultralight aviation market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing popularity of ultralight aircraft for recreational and commercial purposes. Additionally, the increasing demand for lightweight and fuel-efficient aircraft is also propelling the growth of this market. Based on type, the global ultralight aviation market can be segmented into paragliding, paramotors, gyroplanes, and other types of ultralight aircrafts. Paragliding is currently one of the most popular forms of ultralight aviation and is expected to witness significant growth during the forecast period owing to its low cost and easy operation. Paramotors are also witnessing high demand due their ability to fly in a wide range of weather conditions as well as their low operating costs. Gyroplanes are another type of ultralight aircraft that has been gaining popularity in recent years due their superior performance compared to other types of light aircrafts. Based on application, civil applications account for majority share in terms revenue generated by global Ultralight Aviation Market followed by military applications . However , military application s are projected t o exhibit highest CAGR duri ng th e foreca st per iod .
Product Definition:
Ultralight Aviation is the use of lighter than air vehicles to navigate through the sky. These vehicles can be used for leisure, sport, or commercial purposes. Ultralight Aviation is important because it provides a way for people to travel and explore the world without using traditional modes of transportation.
Paragliding:
Paragliding is a form of slope soaring using an airborne parafoil as a primary source of lift. The sport has been growing in popularity over the past few years and is now being practiced extensively across the globe due to its ease of operation, low cost of ownership and high level of safety. In this sport, pilots launch themselves from fixed landing points using their gliders which are made out either from lightweight materials or even empty containers such as a Pepsi bottle.
Paramotors:
paramotors are the most basic form of electric motors and their working principle is very simple. They are used to convert electrical energy into useful rotary motion. The main applications of these motors include helicopters, gyrodyne aircraft, autogyros, and unpowered aerostats among others.
The global ultralight aviation market was valued at USD 3 Billion in 2015 and is expected to grow at a CAGR of XX% from 2016 to 2024.
Application Insights:
The civil segment held the largest share of over 70.0% in 2017. ultralight aviation is widely used for recreational flying, tourism, film-making and reporting as well as for medical purposes such as transporting patients with critical illnesses and disabilities who require extended air travel distances at low cost. The military segment is expected to witness significant growth owing to its increasing use in surveillance operations, logistics support, battlefield awareness and personnel transport at a relatively lower cost when compared with conventional helicopters or airplanes.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The region is expected to continue its dominance over the forecast period, with a significant increase in participation rate and soaring popularity of recreational flying activities. Europe accounted for a considerable share of the global market and is expected to witness steady growth over the forecast period owing to increasing demand from countries such as France, Spain, Italy and U.K., among others. Asia Pacific regional market captured significant growth owing to growing popularity of ultra-light aircraft as an affordable mode of transportation for tourists across countries such as India, China and Australia among others.
Growth Factors:
- Increasing demand for air travel and tourism: The global air travel industry is expected to grow at a CAGR of 6.4% from 2016 to 2020, reaching a total market size of 4 billion. This growth is being driven by the increasing number of passengers flying both domestically and internationally, as well as the rise in disposable income in emerging markets.
- Technological advancements: Ultralight aviation has benefitted from rapid technological advancements in recent years, with new aircraft designs and materials offering improved performance and safety features. These advances are helping to drive wider adoption of ultralight aircraft among consumers and businesses alike.
- Regulatory changes: In many countries, regulations governing ultralight aviation are becoming more relaxed, making it easier for people to obtain pilot licenses and fly these types of aircrafts legally. This is helping to fuel growth in the market by making ultralight aviation more accessible to a wider audience.
Scope Of The Report
Report Attributes
Report Details
Report Title
Ultralight Aviation Market Research Report
By Type
Paragliding, Paramotors, Gyroplanes, Other
By Application
Civil, Military
By Companies
BlackHawk paramotor, Fresh Breeze, Nirvana Paramotor, Fly Products, PAP Paramotors, Parajet Paramotors, AutoGyro, Magni Gyro, ELA Aviation, Sun Hawk Aviation, BlackHawk paramotor, JSTOL, Macfly Paramotor, Trixy Aviation Products, Aviomania Aircraft, Rotorvox, Niki Rotor Aviation, U-Turn GmbH, Sonex Aircraft, Skywalk GmbH
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
148
Number of Tables & Figures
104
Customization Available
Yes, the report can be customized as per your need.
Global Ultralight Aviation Market Report Segments:
The global Ultralight Aviation market is segmented on the basis of:
Types
Paragliding, Paramotors, Gyroplanes, Other
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
Civil, Military
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:
- BlackHawk paramotor
- Fresh Breeze
- Nirvana Paramotor
- Fly Products
- PAP Paramotors
- Parajet Paramotors
- AutoGyro
- Magni Gyro
- ELA Aviation
- Sun Hawk Aviation
- BlackHawk paramotor
- JSTOL
- Macfly Paramotor
- Trixy Aviation Products
- Aviomania Aircraft
- Rotorvox
- Niki Rotor Aviation
- U-Turn GmbH
- Sonex Aircraft
- Skywalk GmbH
Highlights of The Ultralight Aviation 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:
- Paragliding
- Paramotors
- Gyroplanes
- Other
- By Application:
- Civil
- Military
- 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 Ultralight Aviation 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.
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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?
Ultralight Aviation is a term used to describe aircraft that weigh less than the limit for regular aviation, which is around 3,000 pounds. Ultralights can be flown without a pilot's license or certification.
Some of the key players operating in the ultralight aviation market are BlackHawk paramotor, Fresh Breeze, Nirvana Paramotor, Fly Products, PAP Paramotors, Parajet Paramotors, AutoGyro, Magni Gyro, ELA Aviation, Sun Hawk Aviation, BlackHawk paramotor, JSTOL, Macfly Paramotor, Trixy Aviation Products, Aviomania Aircraft, Rotorvox, Niki Rotor Aviation, U-Turn GmbH, Sonex Aircraft, Skywalk GmbH.
The ultralight aviation market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ultralight Aviation 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 Ultralight Aviation Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ultralight Aviation 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 Ultralight Aviation 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 Ultralight Aviation Market Size & Forecast, 2018-2028
4.5.1 Ultralight Aviation Market Size and Y-o-Y Growth
4.5.2 Ultralight Aviation Market Absolute $ Opportunity
Chapter 5 Global Ultralight Aviation 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 Ultralight Aviation Market Size Forecast by Type
5.2.1 Paragliding
5.2.2 Paramotors
5.2.3 Gyroplanes
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Ultralight Aviation 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 Ultralight Aviation Market Size Forecast by Applications
6.2.1 Civil
6.2.2 Military
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ultralight Aviation 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 Ultralight Aviation 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 Ultralight Aviation Analysis and Forecast
9.1 Introduction
9.2 North America Ultralight Aviation 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 Ultralight Aviation Market Size Forecast by Type
9.6.1 Paragliding
9.6.2 Paramotors
9.6.3 Gyroplanes
9.6.4 Other
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 Ultralight Aviation Market Size Forecast by Applications
9.10.1 Civil
9.10.2 Military
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 Ultralight Aviation Analysis and Forecast
10.1 Introduction
10.2 Europe Ultralight Aviation 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 Ultralight Aviation Market Size Forecast by Type
10.6.1 Paragliding
10.6.2 Paramotors
10.6.3 Gyroplanes
10.6.4 Other
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 Ultralight Aviation Market Size Forecast by Applications
10.10.1 Civil
10.10.2 Military
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 Ultralight Aviation Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Ultralight Aviation 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 Ultralight Aviation Market Size Forecast by Type
11.6.1 Paragliding
11.6.2 Paramotors
11.6.3 Gyroplanes
11.6.4 Other
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 Ultralight Aviation Market Size Forecast by Applications
11.10.1 Civil
11.10.2 Military
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 Ultralight Aviation Analysis and Forecast
12.1 Introduction
12.2 Latin America Ultralight Aviation 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 Ultralight Aviation Market Size Forecast by Type
12.6.1 Paragliding
12.6.2 Paramotors
12.6.3 Gyroplanes
12.6.4 Other
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 Ultralight Aviation Market Size Forecast by Applications
12.10.1 Civil
12.10.2 Military
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) Ultralight Aviation Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Ultralight Aviation 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) Ultralight Aviation Market Size Forecast by Type
13.6.1 Paragliding
13.6.2 Paramotors
13.6.3 Gyroplanes
13.6.4 Other
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) Ultralight Aviation Market Size Forecast by Applications
13.10.1 Civil
13.10.2 Military
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 Ultralight Aviation Market: Competitive Dashboard
14.2 Global Ultralight Aviation Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BlackHawk paramotor
14.3.2 Fresh Breeze
14.3.3 Nirvana Paramotor
14.3.4 Fly Products
14.3.5 PAP Paramotors
14.3.6 Parajet Paramotors
14.3.7 AutoGyro
14.3.8 Magni Gyro
14.3.9 ELA Aviation
14.3.10 Sun Hawk Aviation
14.3.11 BlackHawk paramotor
14.3.12 JSTOL
14.3.13 Macfly Paramotor
14.3.14 Trixy Aviation Products
14.3.15 Aviomania Aircraft
14.3.16 Rotorvox
14.3.17 Niki Rotor Aviation
14.3.18 U-Turn GmbH
14.3.19 Sonex Aircraft
14.3.20 Skywalk GmbH
