Ultralight and Light Aircraft Market

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Ultralight and Light Aircraft Market by Aircraft Type (Ultralight & Light Aircraft), End Use (Civil & Commercial and Military), Flight Operation (CTOL & VTOL), Technology, Propulsion, Material, System, Aftermarket and Region - Global Forecast to 2028

FREE BROCHURE FREE SAMPLE REPORT
Report Code: AS 3897 May, 2023, by marketsandmarkets.com

The Ultralight and Light Aircraft Market size is projected to grow from USD 9.3 billion in 2023 to USD 18.4 billion by 2028, at a CAGR of 14.4% from 2023 to 2028. This rapidly evolving market is set to revolutionize personal aviation and usher in a new era of accessible and sustainable flight. Moreover, the integration of advanced materials, such as carbon fiber composites, in the construction of ultralight and light aircrafts has led to significant improvements in weight reduction, strength, and aerodynamic efficiency. This enables manufacturers to design sleeker and more efficient aircrafts, enhancing performance and range capabilities. The Ultralight and Light Aircraft Industry is poised for futuristic growth, driven by a combination of technological advancements, evolving consumer demands, and expanding applications.

The use of advanced avionics and fly-by-wire systems further enhances safety, navigation, and pilot assistance features, making these aircrafts more user-friendly and accessible to a broader audience. The futuristic growth of the ultralight and light aircraft market is also fueled by expanding applications beyond recreational flying. These aircrafts are increasingly used for aerial surveillance, agricultural operations, wildlife conservation, emergency medical services, and urban air mobility. With their ability to access remote areas, operate from short runways, and provide efficient transportation solutions, they are finding practical applications in various industries.

Ultralight and Light Aircraft Market

Ultralight and Light Aircraft Market

Ultralight and Light Aircraft Market Forecast to 2028

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Ultralight and Light Aircraft Market Dynamics

Driver: Low-cost operation and maintenance of ultralight aircraft

Ultralight aircraft are much smaller and weigh less than commercial aircraft. The Maximum Take-off Weight (MTOW) of an aircraft is used to define ultralight aircraft. Due to liberal ownership rules in several countries, acquiring an ultralight aircraft is easier. Ultralight and light aircraft are commonly used for sports and recreational purposes in the United States, Canada, and Australia. Some ultralight aircraft also use automotive-grade petrol, which lowers the aircraft's operating costs. An ultralight aircraft uses 2-3 gallons of fuel per hour on average, making it economical to operate.

Restraint: Delay in aircraft deliveries

The global supply chain has been disrupted in recent years due to a number of factors, including the COVID-19 pandemic, the war in Ukraine, and the ongoing trade war between the United States and China. These disruptions have made it difficult for ultralight and light aircraft manufacturers to obtain the parts and materials they need to build and deliver aircraft. The trade war and restrictions between US and China has impacted the growth of light and ultralight aircraft market. International investments have also been impacted due to this dispute.

Opportunity: Advancements in traditional aircraft propulsion

Traditional aircraft propulsion, which uses conventional fossil fuels, is being replaced with hybrid-electric aircraft propulsion. The development of commercially effective hybrid-electric aircraft propulsion has seen a fast increase in research initiatives. The many advantages of hybrid-electric aircraft propulsion over traditional propulsion technology are the primary motivators for these research activities and the introduction of new aircraft into the market. These benefits benefit airlines, passengers, and the environment.

Challenge: Growing usage of UAVs in commercial applications

Governments around the world are working to improve their defense capabilities by creating new technology for UAVS or making breakthroughs in existing technologies used in UAVs. However, these technologies must comply with public and infrastructure safety standards, as well as rules that restrict UAV movement in specific locations. Except for a few UAVs that are launched using alternative means (such as catapults), infrastructure facilities for UAVs are planned to be similar to those necessary for manned aircraft. As a result, massive investments are required for R&D and the purchase of UAVS based on modern technology. Flying UAVs in other nations' airspace is mostly dependent on their individual governments' clearance as well as rules set by them to provide good air traffic management, enough data support, and competent controller training. If the expense of developing UAV infrastructure outweighs the benefits provided by UAVs, it becomes difficult for governments in different nations to adjust their present rules to allow the use of UAVs in diverse applications.

Ultralight And Light Aircraft  Market Ecosystem

Major companies in this market include well-established, financially stable manufacturers of Ultralight and Light aircraft. These companies have been operating in the market for several years and possess a diversified product portfolio, state-of-the-art technologies, and strong global sales and marketing networks. The prominent companies are Aeropro (Slovakia), American Legend Aircraft Co. (US), Autogyro GmbH(Germany), Cirrus Aircraft (US), Costruzioni Aeronautiche TECNAM SpA (Italy), Evektor Aerotechnik (Czech Republic), Flight Design General Aviation (German), P&M Aviation (UK), Pilatus Aircraft (Switzerland), Piper Aircraft, Inc (US), Pipistrel doo (Slovenia), Quicksilver Aircraft (US), Textron Inc (US), and Vulcan Air (Italy) among others.

Ultralight and Light Aircraft Market by Ecosystem

The Light Aircraft type from Aircraft Type segment accounts for the largest market size during the forecast period

Based on aircraft type, the ultralight and light aircraft market is segmented into ultralight aircraft and light aircraft. Minimum and maximum take-off weights are taken into consideration to define these segments. Ultralight aircraft include aircraft with a maximum take-off weight of less than 600 kg, while light aircraft have a maximum take-off weight ranging from 600 kg to 5,700 kg. The increasing demand for aircraft to train pilots, along with the convenience of small aircraft to access remote areas, is the major factor driving the growth of the global ultralight and light aircraft market. Upcoming technologies such as electric Vertical Take-off and Landing (VTOL) aircraft and UAVs to be used for Urban Air Mobility (UAM) are some of the other factors anticipated to drive the market. The light aircraft segment accounted for largest share of the ultralight and light aircraft market in 2023. Textron Inc., Pilatus Aircraft, Pipistrel doo, and Costruzioni Aeronautiche Tecnam S.R.L. are key players operating in this market.

The CTOL type from Flight Operation segment is projected to grow at the highest CAGR during the forecast period

Based on flight operation, the ultralight and light aircraft market is segmented into Conventional Take-off and Landing (CTOL) and Vertical Take-off and Landing (VTOL). Ultralight and light aircraft can take off either in a conventional way, which involves a runup over the runway leading to take-off or vertically without the need for a runway or runup. The CTOL segment accounted for a major share of the total market in 2023

The Aircraft Systems from System segment accounts for the largest market size during the forecast period

Based on system, the ultralight and light aircraft market is segmented into airframes, avionics, aircraft systems, and cabin interiors. The increasing demand for aircraft to train pilots, along with the convenience of small aircraft to access remote areas, is the major factor driving the ultralight and light aircraft market. Upcoming technologies such as electric vertical take-off and landing (VTOL) aircraft and UAVs to be used for urban air mobility (UAM) are some of the other factors anticipated to drive the market. The aircraft systems segment is estimated to account for larger share of the ultralight and light aircraft market in 2023.

North America” is projected to grow at the highest CAGR during the forecast period.

The aviation and aerospace industry in North America is expanding steadily. As a result, there is a high demand for ultralight and light aircraft. Factors like the rapid increase in aircraft manufacturing, technical advancements, and travel and tourism are driving the growth of the ultralight and light aircraft market in this region. Following rising demand for various models of ultralight and light aircraft, the market for ultralight and light aircraft is predicted to rise significantly in the United States and Canada. Major ultralight and light aircraft manufacturing companies in North America, including Bell Helicopters (US), Air Tractor (US), and Textron (US), are competing with European and Asian companies to increase their share in the global market.

North America is projected to hold the highest market share during the forecast period

Ultralight and Light Aircraft Market by Region

Ultralight and Light Aircraft Market by Region

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Key Market Players

Major players operating in the ultralight and light aircrfat companies are Bell Helicopters (US), Air Tractor (US), Pipistrel doo (Slovenia),Textron Inc. (US) , Pilatus Aircraft(Switzerland), Flight Design General Aviation (Germany), Aeropro(Slovakia), Autogyro (Germany).

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Scope of the Report

Report Metric

Details

Growth Rate

14.4%

Estimated Market Size in 2023

USD 9.3 Billion

Projected Market Size in 2028

 USD 18.4 Billion

Market size available for years

2019-2028

Base year considered

2022

Forecast period

2023-2028

Forecast units

Value (USD Million/Billion)

Segments  Covered

By Aircraft Type , End Use ,Flight Operation, Technology, Propulsion, Material, System Aftermarket  and Region

Geographies Covered

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa

Companies Covered

Pipistrel doo (Slovenia), Evektor Aerotechnik (Czech Republic), Aeropro (Slovakia), Costruzioni Aeronautiche TECNAM SpA (Italy), Textron Inc (US),  Pilatus Aircraft (Switzerland),  

Ultralight and Light Aircraft Market Highlights

This research report categorizes the Ultralight and Light Aircraftmarket based on By Aircraft Type , End Use ,Flight Operation, Technology, Propulsion, Material, System , Aftermarket and Region.

Segment

Subsegment

By Aircraft Type
  • Ultralight Aircraft
  • Light Aircraft

By End Use
  • Civil  and Commercial
  • Military

By Flight Operations
  • CTOL
  •  VTOL

By Propulsion
  • Conventional Fuel
  •  Electric-Hybrid

By Material
  • Aluminium
  • Composites
  • Other Materials

By Technology 
  • Manned
  • Unmanned

By System
  • Airframe
  • Avionics
  • Cabin Interiors
  • Aircraft Systems

By Aftermarket 
  • Ultralight aircraft
  • Light Aircraft

By Region
  • North America
  • Europe
  • Asia Pacific
  • Middle East and Afirca
  • Latin America

Recent Developments

  • In March 2023 Textron Aviation Inc. has announced an agreement with Epic Flight Academy (US) at the 2023 Sun n’ Fun Aerospace Expo for 15 new Cessna Skyhawk 172 aircraft.
  • In April 2022, Pipistrel and Lobo Leasing (Ireland) has signed an agreement to acquire 15 Nuuva V300 autonomous cargo hVTOL aircraft. The NUUVA V300 is an optimal hVTOL UAV for middle mile logistics with a 3 cubic meter capacity. The vehicle can carry 460kg up to 400km under favorable conditions.
  • In April 2023 Pilatus Aircraft  has made an agreement with   Platoon Aviation (Germany)   to handover  two PC-24 aircraft which will come under ultralight and light aircraft market.

Frequently Asked Questions (FAQ):

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TABLE OF CONTENTS
 
1 INTRODUCTION (Page No. - 31)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
    1.3 INCLUSIONS AND EXCLUSIONS 
    1.4 STUDY SCOPE 
           1.4.1 MARKETS COVERED
                    FIGURE 1 ULTRALIGHT AND LIGHT AIRCRAFT MARKET SEGMENTATION
                    FIGURE 2 REGIONAL SCOPE
           1.4.2 YEARS CONSIDERED
    1.5 CURRENCY CONSIDERED 
           TABLE 1 USD EXCHANGE RATES
    1.6 MARKET STAKEHOLDERS 
    1.7 SUMMARY OF CHANGES 
 
2 RESEARCH METHODOLOGY (Page No. - 36)
    2.1 RESEARCH DATA 
           FIGURE 3 REPORT PROCESS FLOW
           FIGURE 4 ULTRALIGHT AND LIGHT AIRCRAFT MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key primary sources
    2.2 FACTOR ANALYSIS 
           2.2.1 INTRODUCTION
           2.2.2 DEMAND-SIDE INDICATORS
                    2.2.2.1 Rise in global air passenger and cargo traffic
           2.2.3 SUPPLY-SIDE INDICATORS
    2.3 MARKET SCOPE 
           2.3.1 ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE
           2.3.2 ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE
           2.3.3 ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION
    2.4 RESEARCH APPROACH AND METHODOLOGY 
           2.4.1 BOTTOM-UP APPROACH
                    2.4.1.1 Regional ultralight and light aircraft market
                    2.4.1.2 Segment size of ultralight and light aircraft market
                    2.4.1.3 Ultralight and light aircraft market, by end use
                    2.4.1.4 Ultralight and light aircraft market, by hybrid/electric
                               FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
           2.4.2 PRICING ANALYSIS
           2.4.3 TOP-DOWN APPROACH
           2.4.4 CONVENTIONAL ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY REGION AND COUNTRY
           2.4.5 HYBRID-ELECTRIC ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY REGION AND COUNTRY
           2.4.6 TOTAL ULTRALIGHT AND LIGHT MARKET, BY REGION AND COUNTRY
                    FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
    2.5 MARKET BREAKDOWN AND DATA TRIANGULATION 
           FIGURE 7 DATA TRIANGULATION METHODOLOGY
    2.6 RECESSION IMPACT ANALYSIS 
    2.7 RESEARCH ASSUMPTIONS 
    2.8 RESEARCH ASSUMPTIONS 
           2.8.1 CONVENTIONAL ULTRALIGHT AND LIGHT AIRCRAFT
           2.8.2 HYBRID-ELECTRIC ULTRALIGHT AND LIGHT AIRCRAFT
           2.8.3 ULTRALIGHT AND LIGHT AIRCRAFT AFTERMARKET
           2.8.4 OTHER ASSUMPTIONS
    2.9 RISKS 
 
3 EXECUTIVE SUMMARY (Page No. - 49)
    FIGURE 8 AIRCRAFT SYSTEMS TO LEAD ULTRALIGHT AND LIGHT AIRCRAFT MARKET IN 2028
    FIGURE 9 MANNED TYPE TO LEAD BY TECHNOLOGY SEGMENT OF ULTRALIGHT AND LIGHT AIRCRAFT MARKET IN 2028
    FIGURE 10 CONVENTIONAL FUEL TO HOLD LARGER MARKET SIZE OF ULTRALIGHT AND LIGHT AIRCRAFT MARKET DURING FORECAST PERIOD
    FIGURE 11 NORTH AMERICA ACCOUNTED FOR LARGEST MARKET SHARE IN 2023
 
4 PREMIUM INSIGHTS (Page No. - 52)
    4.1 OVERVIEW OF ATTRACTIVE OPPORTUNITIES IN ULTRALIGHT AND LIGHT AIRCRAFT MARKET 
           FIGURE 12 URBAN AIR MOBILITY AND PASSENGER DRONES TO BE FASTEST-GROWING TECHNOLOGIES
    4.2 ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE 
           FIGURE 13 ULTRALIGHT AIRCRAFT SEGMENT PROJECTED TO HAVE HIGHER CAGR DURING FORECAST PERIOD
    4.3 ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION 
           FIGURE 14 CONVENTIONAL TAKE-OFF AND LANDING SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
    4.4 ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY MATERIAL 
           FIGURE 15 COMPOSITES EXPECTED TO LEAD THE MARKET DURING THE FORECAST PERIOD
    4.5 ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE 
           FIGURE 16 CIVIL AND COMMERCIAL TO REGISTER HIGHER GROWTH DURING FORECAST PERIOD
 
5 MARKET OVERVIEW (Page No. - 55)
    5.1 INTRODUCTION 
    5.2 MARKET DYNAMICS 
           FIGURE 17 ULTRALIGHT AND LIGHT AIRCRAFT MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
           5.2.1 DRIVERS
                    5.2.1.1 Low-cost operation and maintenance of ultralight aircraft
                               TABLE 2 OWNERSHIP COST ANALYSIS OF ULTRALIGHT AIRCRAFT
                    5.2.1.2 Growing use of UAVs in various military operations
           5.2.2 RESTRAINTS
                    5.2.2.1 Delay in aircraft deliveries
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Advancements in traditional aircraft propulsion
                    5.2.3.2 Advancements in passenger drones and UAV payload
           5.2.4 CHALLENGES
                    5.2.4.1 Development costs outweigh benefits of ultralight and light aircraft
                    5.2.4.2 Safety considerations for operation of ultralight and light aircraft
                               TABLE 3 US AIRCRAFT GENERAL AVIATION ACCIDENTS, FATAL ACCIDENTS, AND FATALITIES, 2010–2019
    5.3 VALUE CHAIN ANALYSIS 
           FIGURE 18 ULTRALIGHT AND LIGHT AIRCRAFT MARKET: VALUE CHAIN ANALYSIS
    5.4 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 
           5.4.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR ULTRALIGHT AND LIGHT AIRCRAFT MANUFACTURERS
                    FIGURE 19 REVENUE SHIFT FOR ULTRALIGHT AND LIGHT AIRCRAFT MARKET PLAYERS
    5.5 ECOSYSTEM ANALYSIS 
           5.5.1 PROMINENT COMPANIES
           5.5.2 PRIVATE AND SMALL ENTERPRISES
           5.5.3 END USERS
                    FIGURE 20 ULTRALIGHT AND LIGHT AIRCRAFT MARKET: ECOSYSTEM ANALYSIS
                    TABLE 4 ULTRALIGHT AND LIGHT AIRCRAFT MARKET: ROLE IN ECOSYSTEM
    5.6 TECHNOLOGY TRENDS IN HYBRID AND ELECTRIC PROPULSION 
           5.6.1 FUEL CELLS
           5.6.2 LITHIUM-SULFUR (LI-S)
           5.6.3 DISTRIBUTED ELECTRIC PROPULSION (DEP)
           5.6.4 MULTIFUNCTIONAL STRUCTURES FOR HIGH-ENERGY LIGHTWEIGHT LOADBEARING STORAGE (M-SHELLS)
           5.6.5 INTEGRATED COMPUTATIONAL-EXPERIMENTAL DEVELOPMENT OF LI-AIR BATTERIES FOR ELECTRIC AIRCRAFT (LI-ON)
    5.7 PRICING ANALYSIS 
           5.7.1 AVERAGE SELLING PRICE OF LIGHT AIRCRAFT
                    TABLE 5 AVERAGE SELLING PRICE OF LIGHT AIRCRAFT, 2021 (USD MILLION)
                    TABLE 6 PRICE LIST FOR CIRRUS AIRCRAFT
           5.7.2 AVERAGE SELLING PRICES OF KEY PLAYERS FOR AIRCRAFT TYPES
                    FIGURE 21 AVERAGE SELLING PRICES OF KEY PLAYERS FOR AIRCRAFT TYPES
                    TABLE 7 AVERAGE SELLING PRICES OF KEY PLAYERS FOR AIRCRAFT TYPES (USD THOUSAND)
    5.8 PORTER'S FIVE FORCES ANALYSIS 
           TABLE 8 ULTRALIGHT AND LIGHT AIRCRAFT: IMPACT OF PORTER'S FIVE FORCES
           5.8.1 THREAT OF NEW ENTRANTS
           5.8.2 THREAT OF SUBSTITUTES
           5.8.3 BARGAINING POWER OF SUPPLIERS
           5.8.4 BARGAINING POWER OF BUYERS
           5.8.5 INTENSITY OF COMPETITIVE RIVALRY
    5.9 TRADE DATA ANALYSIS 
           5.9.1 IMPORT DATA STATISTICS
           TABLE 9 IMPORT VALUE OF AIRPLANES AND OTHER POWERED AIRCRAFT OF AN UNLADEN WEIGHT > 2.000 KG BUT <= 15.000 KG (PRODUCT HARMONIZED SYSTEM CODE: 880230) (USD THOUSAND)
           5.9.2 EXPORT DATA STATISTICS
           TABLE 10 EXPORT VALUE OF AIRPLANES AND OTHER POWERED AIRCRAFT OF AN UNLADEN WEIGHT > 2.000 KG BUT <= 15.000 KG (PRODUCT HARMONIZED SYSTEM CODE: 880230) (USD THOUSAND)
    5.10 KEY CONFERENCES AND EVENTS, 2023 
           TABLE 11 ULTRALIGHT AND LIGHT AIRCRAFT MARKET: KEY CONFERENCES AND EVENTS
    5.11 TARIFF AND REGULATORY LANDSCAPE 
           5.11.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 12 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 13 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 14 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 15 MIDDLE EAST: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
           5.11.2 REGULATORY LANDSCAPE
           5.11.3 NORTH AMERICA
           5.11.4 EUROPE
    5.12 KEY STAKEHOLDERS IN BUYING PROCESS 
           FIGURE 22 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF ULTRALIGHT AND LIGHT AIRCRAFT ACROSS AIRCRAFT TYPES
           FIGURE 23 KEY BUYING CRITERIA
 
6 INDUSTRY TRENDS (Page No. - 76)
    6.1 INTRODUCTION 
    6.2 TECHNOLOGY ANALYSIS 
           6.2.1 PASSENGER DRONES
                    TABLE 16 MAJOR DEVELOPMENTS IN DRONE TAXIES
           6.2.2 COMBAT DRONES
           6.2.3 EVTOL AIRCRAFT
           6.2.4 URBAN AIR MOBILITY
                    FIGURE 24 TECHNOLOGY ANALYSIS
    6.3 CASE STUDY ANALYSIS 
           6.3.1 CASE STUDY 1: VTOL BUSINESS JET
           6.3.2 CASE STUDY 2: EVTOL
    6.4 IMPACT OF MEGATRENDS 
           6.4.1 ELECTRIC PROPULSION
                    6.4.1.1 Hybrid electric propulsion system design
                               FIGURE 25 HYBRID ELECTRIC PROPULSION SYSTEM ARCHITECTURE
                    6.4.1.2 All-electric propulsion system design
                               FIGURE 26 ALL-ELECTRIC PROPULSION SYSTEM ARCHITECTURE
           6.4.2 AUTONOMOUS AIRCRAFT
    6.5 INNOVATIONS AND PATENT REGISTRATIONS 
           TABLE 17 PATENT REGISTRATIONS, 2020–2022
 
7 ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE (Page No. - 84)
    7.1 INTRODUCTION 
           FIGURE 27 ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2023–2028 (USD MILLION)
           TABLE 18 ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2019–2022 (USD MILLION)
           TABLE 19 ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2023–2028 (USD MILLION)
    7.2 ULTRALIGHT AIRCRAFT 
           7.2.1 REGULATORY ADVANCES ACCELERATING MARKET GROWTH
    7.3 LIGHT AIRCRAFT 
           7.3.1 INCREASED USE FOR BUSINESS TRAVEL
           TABLE 20 LIGHT AIRCRAFT MARKET, BY MTOW, 2019–2022 (USD MILLION)
           TABLE 21 LIGHT AIRCRAFT MARKET, BY MTOW, 2023–2028 (USD MILLION)
           7.3.2 600–2,500 MTOW
                    7.3.2.1 Used in agricultural and medical services
           7.3.3 2,500–5,700 MTOW
                    7.3.3.1 Used for domestic business travel and military training
 
8 ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY SYSTEM (Page No. - 88)
    8.1 INTRODUCTION 
           FIGURE 28 ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY SYSTEM, 2023–2028 (USD MILLION)
           TABLE 22 ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY SYSTEM, 2019–2022 (USD MILLION)
           TABLE 23 ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY SYSTEM, 2023–2028 (USD MILLION)
    8.2 AIRFRAMES 
           8.2.1 LIGHTWEIGHT AND HIGH-STRENGTH COMPOSITE MATERIALS USED FOR MANUFACTURING
    8.3 AVIONICS 
           8.3.1 CONTROLS OPERATIONS AND ENSURES PASSENGER SAFETY
    8.4 AIRCRAFT SYSTEMS 
           8.4.1 RISING TECHNOLOGICAL ADVANCEMENTS AND INNOVATIONS
    8.5 CABIN INTERIORS 
           8.5.1 INCREASED DEMAND FOR IN-FLIGHT ENTERTAINMENT SYSTEMS FOR BUSINESS AIRCRAFT
 
9 ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION (Page No. - 91)
    9.1 INTRODUCTION 
           FIGURE 29 ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2023–2028 (USD MILLION)
           TABLE 24 ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2019–2022 (USD MILLION)
           TABLE 25 ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2023–2028 (USD MILLION)
    9.2 CTOL (CONVENTIONAL TAKE-OFF AND LANDING) 
           9.2.1 GROWING PROCUREMENT OF PRIVATE JETS AND STOL AIRCRAFT FOR PASSENGER TRAVEL
    9.3 VTOL (VERTICAL TAKE-OFF AND LANDING) 
           9.3.1 FOCUS OF MANUFACTURERS ON MILITARY AND FUTURISTIC COMMERCIAL V/STOL AIRCRAFT CONCEPTS
 
10 ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY TECHNOLOGY (Page No. - 94)
     10.1 INTRODUCTION 
             FIGURE 30 ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
             TABLE 26 ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
             TABLE 27 ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
     10.2 MANNED 
             10.2.1 CATERS TO EFFICIENT AND RELIABLE AIR TRAVEL
     10.3 UNMANNED 
             10.3.1 OPERATES ON PRE-DETERMINED SET OF AUTOMATED COMMANDS
 
11 ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION (Page No. - 94)
     11.1 INTRODUCTION 
             FIGURE 31 ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION, 2023–2028 (USD MILLION)
             TABLE 28 ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION, 2019–2022 (USD MILLION)
             TABLE 29 ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION, 2023–2028 (USD MILLION)
     11.2 ELECTRIC/HYBRID 
             TABLE 30 ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY ELECTRIC/HYBRID PROPULSION, 2019–2022 (USD MILLION)
             TABLE 31 ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY ELECTRIC/HYBRID PROPULSION, 2023–2028 (USD MILLION)
             11.2.1 SOLAR POWERED
                        11.2.1.1 Pseudo-satellites used for border patrol
             11.2.2 BATTERY POWERED
                        11.2.2.1 Growing popularity in hybrid electric aircraft models
             11.2.3 FUEL CELL POWERED
                        11.2.3.1 Reduces fuel consumption and emissions
             11.2.4 FULLY ELECTRIC
                        11.2.4.1 Benefit of zero emissions
     11.3 CONVENTIONAL FUEL 
             TABLE 32 ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY CONVENTIONAL PROPULSION, 2019–2022 (USD MILLION)
             TABLE 33 ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY CONVENTIONAL PROPULSION, 2023–2028 (USD MILLION)
             11.3.1 TURBOPROP
                        11.3.1.1 Showcases fuel-efficient engines
             11.3.2 PISTON ENGINE
                        11.3.2.1 Application in UAVS and UAMS
 
12 ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE (Page No. - 103)
     12.1 INTRODUCTION 
             FIGURE 32 ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2023–2028 (USD MILLION)
             TABLE 34 ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2019–2022 (USD MILLION)
             TABLE 35 ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2023–2028 (USD MILLION)
     12.2 CIVIL AND COMMERCIAL 
             TABLE 36 ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY CIVIL AND COMMERCIAL END USE, 2019–2022 (USD MILLION)
             TABLE 37 ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY CIVIL AND COMMERCIAL END USE, 2023–2028 (USD MILLION)
             12.2.1 PASSENGER
                        12.2.1.1 Growing usage in domestic travel
             12.2.2 PRIVATE
                        12.2.2.1 Increasing procurement of light aircraft for business travel
             12.2.3 COMMERCIAL CARGO
                        12.2.3.1 Helps in transfer of cargo to remote areas
             12.2.4 TRAINING
                        12.2.4.1 Increased signing up of new pilots
             12.2.5 AGRICULTURE
                        12.2.5.1 Used for farming
             12.2.6 SURVEY & RESEARCH
                        12.2.6.1 Need to collect important data
             12.2.7 MEDICAL
                        12.2.7.1 Usage in emergency services
             12.2.8 OTHER END USES
     12.3 MILITARY 
             TABLE 38 ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY MILITARY END USE, 2019–2022 (USD MILLION)
             TABLE 39 ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY MILITARY END USE, 2023–2028 (USD MILLION)
             12.3.1 INTELLIGENCE, SURVEILLANCE, AND RECONNAISSANCE (ISR)
                        12.3.1.1 Gathers battle intelligence through surveillance
             12.3.2 SEARCH & RESCUE
                        12.3.2.1 Provides relief during distress situations
             12.3.3 MILITARY CARGO
                        12.3.3.1 Transfers cargo to sensitive military locations
             12.3.4 TRAINING
                        12.3.4.1 Conducts training of pilots for military flying
             12.3.5 OTHER MILITARY END USES
 
13 ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY MATERIAL (Page No. - 109)
     13.1 INTRODUCTION 
             FIGURE 33 ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY MATERIAL, 2023–2028 (USD MILLION)
             TABLE 40 ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY MATERIAL, 2019–2022 (USD MILLION)
             TABLE 41 ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY MATERIAL, 2023–2028 (USD MILLION)
     13.2 ALUMINUM 
             13.2.1 LIGHTWEIGHT AND HIGH-STRENGTH MATERIAL
     13.3 COMPOSITES 
             13.3.1 ADVANTAGE OF BEING LIGHTER THAN ALUMINUM
     13.4 OTHER MATERIALS 
 
14 ULTRALIGHT AND LIGHT AIRCRAFT AFTERMARKET (Page No. - 112)
     14.1 INTRODUCTION 
             FIGURE 34 ULTRALIGHT AND LIGHT AIRCRAFT AFTERMARKET, 2023–2028 (USD MILLION)
             TABLE 42 ULTRALIGHT AND LIGHT AIRCRAFT AFTERMARKET, 2019–2022 (USD MILLION)
             TABLE 43 ULTRALIGHT AND LIGHT AIRCRAFT AFTERMARKET, 2023–2028 (USD MILLION)
     14.2 ULTRALIGHT AIRCRAFT 
             14.2.1 INCREASING LINE MAINTENANCE AND PART REPLACEMENTS IN EXISTING FLEET
     14.3 LIGHT AIRCRAFT 
             14.3.1 INCREASED FLIGHT HOURS AND AFTERMARKET SERVICES
 
15 REGIONAL ANALYSIS (Page No. - 114)
     15.1 INTRODUCTION 
             FIGURE 35 NORTH AMERICA TO ACCOUNT FOR LARGEST MARKET SHARE IN 2023
             TABLE 44 ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY REGION, 2019–2022 (USD MILLION)
             TABLE 45 ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY REGION, 2023–2028 (USD MILLION)
     15.2 NORTH AMERICA 
             15.2.1 PESTLE ANALYSIS: NORTH AMERICA
                        FIGURE 36 NORTH AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET SNAPSHOT
                        TABLE 46 NORTH AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2019–2022 (USD MILLION)
                        TABLE 47 NORTH AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2023–2028 (USD MILLION)
                        TABLE 48 NORTH AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2019–2022 (USD MILLION)
                        TABLE 49 NORTH AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2023–2028 (USD MILLION)
                        TABLE 50 NORTH AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET FOR CIVIL AND COMMERCIAL, BY END USE, 2019–2022 (USD MILLION)
                        TABLE 51 NORTH AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET FOR CIVIL AND COMMERCIAL, BY END USE, 2023–2028 (USD MILLION)
                        TABLE 52 NORTH AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET FOR MILITARY, BY END USE, 2019–2022 (USD MILLION)
                        TABLE 53 NORTH AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET FOR MILITARY, BY END USES, 2023–2028 (USD MILLION)
                        TABLE 54 NORTH AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2019–2022 (USD MILLION)
                        TABLE 55 NORTH AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2023–2028 (USD MILLION)
                        TABLE 56 NORTH AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
                        TABLE 57 NORTH AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
                        TABLE 58 NORTH AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY MATERIAL, 2019–2022 (USD MILLION)
                        TABLE 59 NORTH AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY MATERIAL, 2023–2028 (USD MILLION)
                        TABLE 60 NORTH AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY SYSTEM, 2019–2022 (USD MILLION)
                        TABLE 61 NORTH AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY SYSTEM, 2023–2028 (USD MILLION)
                        TABLE 62 NORTH AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY COUNTRY, 2019–2022 (USD MILLION)
                        TABLE 63 NORTH AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
             15.2.2 US
                        15.2.2.1 Increased investments by major OEMs in disruptive technologies
                                     TABLE 64 US: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2019–2022 (USD MILLION)
                                     TABLE 65 US: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2023–2028 (USD MILLION)
                                     TABLE 66 US: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2019–2022 (USD MILLION)
                                     TABLE 67 US: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2023–2028 (USD MILLION)
                                     TABLE 68 US: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2019–2022 (USD MILLION)
                                     TABLE 69 US: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2023–2028 (USD MILLION)
             15.2.3 CANADA
                        15.2.3.1 Increased number of recreational flights
                                     TABLE 70 CANADA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2019–2022 (USD MILLION)
                                     TABLE 71 CANADA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2023–2028 (USD MILLION)
                                     TABLE 72 CANADA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2019–2022 (USD MILLION)
                                     TABLE 73 CANADA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2023–2028 (USD MILLION)
                                     TABLE 74 CANADA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2019–2022 (USD MILLION)
                                     TABLE 75 CANADA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2023–2028 (USD MILLION)
     15.3 EUROPE 
             15.3.1 PESTLE ANALYSIS: EUROPE
                        FIGURE 37 EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET SNAPSHOT
                        TABLE 76 EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2019–2022 (USD MILLION)
                        TABLE 77 EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2023–2028 (USD MILLION)
                        TABLE 78 EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2019–2022 (USD MILLION)
                        TABLE 79 EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2023–2028 (USD MILLION)
                        TABLE 80 EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET FOR CIVIL AND COMMERCIAL, BY END USE, 2019–2022 (USD MILLION)
                        TABLE 81 EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET FOR CIVIL AND COMMERCIAL, BY END USE, 2023–2028 (USD MILLION)
                        TABLE 82 EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET FOR MILITARY, BY END USE, 2019–2022 (USD MILLION)
                        TABLE 83 EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET FOR MILITARY, BY END USE, 2023–2028 (USD MILLION)
                        TABLE 84 EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2019–2022 (USD MILLION)
                        TABLE 85 EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2023–2028 (USD MILLION)
                        TABLE 86 EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
                        TABLE 87 EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
                        TABLE 88 EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY MATERIAL, 2019–2022 (USD MILLION)
                        TABLE 89 EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY MATERIAL, 2023–2028 (USD MILLION)
                        TABLE 90 EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY SYSTEM, 2019–2022 (USD MILLION)
                        TABLE 91 EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY SYSTEM, 2023–2028 (USD MILLION)
                        TABLE 92 EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT, BY COUNTRY, 2019–2022 (USD MILLION)
                        TABLE 93 EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT, BY COUNTRY, 2023–2028 (USD MILLION)
             15.3.2 UK
                        15.3.2.1 Increased adoption of air taxis for domestic air transportation
                                     TABLE 94 UK: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2019–2022 (USD MILLION)
                                     TABLE 95 UK: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2023–2028 (USD MILLION)
                                     TABLE 96 UK: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2019–2022 (USD MILLION)
                                     TABLE 97 UK: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2023–2028 (USD MILLION)
                                     TABLE 98 UK: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2019–2022 (USD MILLION)
                                     TABLE 99 UK: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2023–2028 (USD MILLION)
             15.3.3 FRANCE
                        15.3.3.1 Increasing technological developments in UAM
                                     TABLE 100 FRANCE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2019–2022 (USD MILLION)
                                     TABLE 101 FRANCE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2023–2028 (USD MILLION)
                                     TABLE 102 FRANCE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2019–2022 (USD MILLION)
                                     TABLE 103 FRANCE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2023–2028 (USD MILLION)
                                     TABLE 104 FRANCE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2019–2022 (USD MILLION)
                                     TABLE 105 FRANCE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2023–2028 (USD MILLION)
             15.3.4 GERMANY
                        15.3.4.1 Thriving UAM infrastructure
                                     TABLE 106 GERMANY: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2019–2022 (USD MILLION)
                                     TABLE 107 GERMANY: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2023–2028 (USD MILLION)
                                     TABLE 108 GERMANY: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2019–2022 (USD MILLION)
                                     TABLE 109 GERMANY: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2023–2028 (USD MILLION)
                                     TABLE 110 GERMANY: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2019–2022 (USD MILLION)
                                     TABLE 111 GERMANY: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2023–2028 (USD MILLION)
             15.3.5 RUSSIA
                        15.3.5.1 High demand for UAVs from military
                                     TABLE 112 RUSSIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2019–2022 (USD MILLION)
                                     TABLE 113 RUSSIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2023–2028 (USD MILLION)
                                     TABLE 114 RUSSIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2019–2022 (USD MILLION)
                                     TABLE 115 RUSSIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2023–2028 (USD MILLION)
                                     TABLE 116 RUSSIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2019–2022 (USD MILLION)
                                     TABLE 117 RUSSIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2023–2028 (USD MILLION)
             15.3.6 ITALY
                        15.3.6.1 Rising demand for light aircraft from commercial end users
                                     TABLE 118 ITALY: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2019–2022 (USD MILLION)
                                     TABLE 119 ITALY: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2023–2028 (USD MILLION)
                                     TABLE 120 ITALY: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2019–2022 (USD MILLION)
                                     TABLE 121 ITALY: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2023–2028 (USD MILLION)
                                     TABLE 122 ITALY: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2019–2022 (USD MILLION)
                                     TABLE 123 ITALY: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2023–2028 (USD MILLION)
             15.3.7 SPAIN
                        15.3.7.1 Increased demand for turboprop and piston engines
                                     TABLE 124 SPAIN: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2019–2022 (USD MILLION)
                                     TABLE 125 SPAIN: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2023–2028 (USD MILLION)
                                     TABLE 126 SPAIN: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2019–2022 (USD MILLION)
                                     TABLE 127 SPAIN: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2023–2028 (USD MILLION)
                                     TABLE 128 SPAIN: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2019–2022 (USD MILLION)
                                     TABLE 129 SPAIN: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2023–2028 (USD MILLION)
             15.3.8 REST OF EUROPE
                        TABLE 130 REST OF EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2019–2022 (USD MILLION)
                        TABLE 131 REST OF EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2023–2028 (USD MILLION)
                        TABLE 132 REST OF EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2019–2022 (USD MILLION)
                        TABLE 133 REST OF EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2023–2028 (USD MILLION)
                        TABLE 134 REST OF EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2019–2022 (USD MILLION)
                        TABLE 135 REST OF EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2023–2028 (USD MILLION)
     15.4 ASIA PACIFIC 
             15.4.1 PESTLE ANALYSIS: ASIA PACIFIC
                        FIGURE 38 ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT MARKET SNAPSHOT
                        TABLE 136 ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2019–2022 (USD MILLION)
                        TABLE 137 ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2023–2028(USD MILLION)
                        TABLE 138 ASIA PACIFIC ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2019–2022 (USD MILLION)
                        TABLE 139 ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2023–2028(USD MILLION)
                        TABLE 140 ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT MARKET FOR CIVIL AND COMMERCIAL, BY END USE, 2019–2022 (USD MILLION)
                        TABLE 141 ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT MARKET FOR CIVIL AND COMMERCIAL, BY END USE, 2023–2028(USD MILLION)
                        TABLE 142 ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT MARKET FOR MILITARY, BY END USE, 2019–2022 (USD MILLION)
                        TABLE 143 ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT MARKET FOR MILITARY, BY END USE, 2023–2028(USD MILLION)
                        TABLE 144 ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2019–2022 (USD MILLION)
                        TABLE 145 ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2023–2028(USD MILLION)
                        TABLE 146 ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
                        TABLE 147 ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY TECHNOLOGY, 2023–2028(USD MILLION)
                        TABLE 148 ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY MATERIAL, 2019–2022 (USD MILLION)
                        TABLE 149 ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY MATERIAL, 2023–2028(USD MILLION)
                        TABLE 150 ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY SYSTEM, 2019–2022 (USD MILLION)
                        TABLE 151 ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY SYSTEM, 2023–2028 (USD MILLION)
                        TABLE 152 ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT, BY COUNTRY, 2019–2022 (USD MILLION)
                        TABLE 153 ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT, BY COUNTRY, 2023–2028 (USD MILLION)
             15.4.2 CHINA
                        15.4.2.1 High demand for UAVs in UAM and rise in global demand for Chinese UAVs
                                     TABLE 154 CHINA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2019–2022 (USD MILLION)
                                     TABLE 155 CHINA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2023–2028 (USD MILLION)
                                     TABLE 156 CHINA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2019–2022 (USD MILLION)
                                     TABLE 157 CHINA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2023–2028 (USD MILLION)
                                     TABLE 158 CHINA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2019–2022 (USD MILLION)
                                     TABLE 159 CHINA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2023–2028 (USD MILLION)
             15.4.3 INDIA
                        15.4.3.1 Upcoming reforms in Indian aviation sector for UAVs
                                     TABLE 160 INDIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2019–2022 (USD MILLION)
                                     TABLE 161 INDIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2023–2028 (USD MILLION)
                                     TABLE 162 INDIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2019–2022 (USD MILLION)
                                     TABLE 163 INDIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2023–2028 (USD MILLION)
                                     TABLE 164 INDIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2019–2022 (USD MILLION)
                                     TABLE 165 INDIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2023–2028(USD MILLION)
             15.4.4 JAPAN
                        15.4.4.1 Rapid commercialization of UAM and high demand for advanced aviation technology
                                     TABLE 166 JAPAN: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2019–2022 (USD MILLION)
                                     TABLE 167 JAPAN: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2023–2028 (USD MILLION)
                                     TABLE 168 JAPAN: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2019–2022 (USD MILLION)
                                     TABLE 169 JAPAN: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2023–2028 (USD MILLION)
                                     TABLE 170 JAPAN: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2019–2022 (USD MILLION)
                                     TABLE 171 JAPAN: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2023–2028 (USD MILLION)
             15.4.5 AUSTRALIA
                        15.4.5.1 Rising demand for recreational and business flights and growth of tourism industry
                                     TABLE 172 AUSTRALIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2019–2022 (USD MILLION)
                                     TABLE 173 AUSTRALIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2023–2028 (USD MILLION)
                                     TABLE 174 AUSTRALIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2019–2022 (USD MILLION)
                                     TABLE 175 AUSTRALIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2023–2028 (USD MILLION)
                                     TABLE 176 AUSTRALIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2019–2022 (USD MILLION)
                                     TABLE 177 AUSTRALIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2023–2028 (USD MILLION)
             15.4.6 SOUTH KOREA
                        15.4.6.1 Growing use of UAVs by armed forces in surveillance and monitoring
                                     TABLE 178 SOUTH KOREA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2019–2022 (USD MILLION)
                                     TABLE 179 SOUTH KOREA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2023–2028 (USD MILLION)
                                     TABLE 180 SOUTH KOREA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2019–2022 (USD MILLION)
                                     TABLE 181 SOUTH KOREA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2023–2028 (USD MILLION)
                                     TABLE 182 SOUTH KOREA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2019–2022 (USD MILLION)
                                     TABLE 183 SOUTH KOREA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2023–2028 (USD MILLION)
             15.4.7 REST OF ASIA PACIFIC
                        TABLE 184 REST OF ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2019–2022 (USD MILLION)
                        TABLE 185 REST OF ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2023–2028 (USD MILLION)
                        TABLE 186 REST OF ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2019–2022 (USD MILLION)
                        TABLE 187 REST OF ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2023–2028 (USD MILLION)
                        TABLE 188 REST OF ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2019–2022 (USD MILLION)
                        TABLE 189 REST OF ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2023–2028 (USD MILLION)
     15.5 MIDDLE EAST & AFRICA 
             FIGURE 39 MIDDLE EAST & AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET SNAPSHOT
             TABLE 190 MIDDLE EAST & AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2019–2022 (USD MILLION)
             TABLE 191 MIDDLE EAST & AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2023–2028 (USD MILLION)
             TABLE 192 MIDDLE EAST & AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2019–2022 (USD MILLION)
             TABLE 193 MIDDLE EAST & AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2023–2028 (USD MILLION)
             TABLE 194 MIDDLE EAST & AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET FOR CIVIL AND COMMERCIAL, BY END USE, 2019–2022 (USD MILLION)
             TABLE 195 MIDDLE EAST & AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET FOR CIVIL AND COMMERCIAL, BY END USE, 2023–2028 (USD MILLION)
             TABLE 196 MIDDLE EAST & AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET FOR MILITARY, BY END USE, 2019–2022 (USD MILLION)
             TABLE 197 MIDDLE EAST & AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET FOR MILITARY, BY END USE, 2023–2028 (USD MILLION)
             TABLE 198 MIDDLE EAST & AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2019–2022 (USD MILLION)
             TABLE 199 MIDDLE EAST & AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2023–2028 (USD MILLION)
             TABLE 200 MIDDLE EAST & AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
             TABLE 201 MIDDLE EAST & AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
             TABLE 202 MIDDLE EAST & AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY MATERIAL, 2019–2022 (USD MILLION)
             TABLE 203 MIDDLE EAST & AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY MATERIAL, 2023–2028 (USD MILLION)
             TABLE 204 MIDDLE EAST & AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY SYSTEM, 2019–2022 (USD MILLION)
             TABLE 205 MIDDLE EAST & AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY SYSTEM, 2023–2028 (USD MILLION)
             TABLE 206 MIDDLE EAST & AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT, BY REGION, 2019–2022 (USD MILLION)
             TABLE 207 MIDDLE EAST & AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT, BY REGION, 2023–2028 (USD MILLION)
             15.5.1 MIDDLE EAST
                        15.5.1.1 Pestle analysis: Middle East
                                     TABLE 208 MIDDLE EAST: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2019–2022 (USD MILLION)
                                     TABLE 209 MIDDLE EAST: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2023–2028 (USD MILLION)
                                     TABLE 210 MIDDLE EAST: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2019–2022 (USD MILLION)
                                     TABLE 211 MIDDLE EAST: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2023–2028 (USD MILLION)
                                     TABLE 212 MIDDLE EAST: ULTRALIGHT AND LIGHT AIRCRAFT MARKET FOR CIVIL & COMMERCIAL, BY END USE, 2019–2022 (USD MILLION)
                                     TABLE 213 MIDDLE EAST: ULTRALIGHT AND LIGHT AIRCRAFT MARKET FOR CIVIL & COMMERCIAL, BY END USE, 2023–2028 (USD MILLION)
                                     TABLE 214 MIDDLE EAST: ULTRALIGHT AND LIGHT AIRCRAFT MARKET FOR MILITARY, BY END USE, 2019–2022 (USD MILLION)
                                     TABLE 215 MIDDLE EAST: ULTRALIGHT AND LIGHT AIRCRAFT MARKET FOR MILITARY, BY END USE, 2023–2028 (USD MILLION)
                                     TABLE 216 MIDDLE EAST: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2019–2022 (USD MILLION)
                                     TABLE 217 MIDDLE EAST: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2023–2028 (USD MILLION)
                                     TABLE 218 MIDDLE EAST: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
                                     TABLE 219 MIDDLE EAST: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY TECHNOLOGY, 2023–2028 (USD MILLION)
                                     TABLE 220 MIDDLE EAST: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY MATERIAL, 2019–2022 (USD MILLION)
                                     TABLE 221 MIDDLE EAST: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY MATERIAL, 2023–2028 (USD MILLION)
                                     TABLE 222 MIDDLE EAST: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY SYSTEM, 2019–2022 (USD MILLION)
                                     TABLE 223 MIDDLE EAST: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY SYSTEM, 2023–2028 (USD MILLION)
                                     TABLE 224 MIDDLE EAST: ULTRALIGHT AND LIGHT AIRCRAFT, BY COUNTRY, 2019–2022 (USD MILLION)
                                     TABLE 225 MIDDLE EAST: ULTRALIGHT AND LIGHT AIRCRAFT, BY COUNTRY, 2023–2028 (USD MILLION)
                        15.5.1.2 UAE
                                     15.5.1.2.1 Increasing procurement of UAVs by military and law enforcement agencies
                                                    TABLE 226 UAE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2019–2022 (USD MILLION)
                                                    TABLE 227 UAE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2023–2028 (USD MILLION)
                                                    TABLE 228 UAE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2019–2022 (USD MILLION)
                                                    TABLE 229 UAE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2023–2028 (USD MILLION)
                                                    TABLE 230 UAE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2019–2022 (USD MILLION)
                                                    TABLE 231 UAE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2023–2028 (USD MILLION)
                        15.5.1.3 Saudi Arabia
                                     15.5.1.3.1 Increase in personal and passenger aircraft
                                                    TABLE 232 SAUDI ARABIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2019–2022 (USD MILLION)
                                                    TABLE 233 SAUDI ARABIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2023–2028 (USD MILLION)
                                                    TABLE 234 SAUDI ARABIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2019–2022 (USD MILLION)
                                                    TABLE 235 SAUDI ARABIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2023–2028 (USD MILLION)
                                                    TABLE 236 SAUDI ARABIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2019–2022 (USD MILLION)
                                                    TABLE 237 SAUDI ARABIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2023–2028 (USD MILLION)
                        15.5.1.4 Rest of Middle East
                                     TABLE 238 REST OF MIDDLE EAST: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2019–2022 (USD MILLION)
                                     TABLE 239 REST OF MIDDLE EAST: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2023–2028 (USD MILLION)
                                     TABLE 240 REST OF MIDDLE EAST: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2019–2022 (USD MILLION)
                                     TABLE 241 REST OF MIDDLE EAST: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2023–2028 (USD MILLION)
                                     TABLE 242 REST OF MIDDLE EAST: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2019–2022 (USD MILLION)
                                     TABLE 243 REST OF MIDDLE EAST: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2023–2028 (USD MILLION)
             15.5.2 AFRICA
                        15.5.2.1 Pestle analysis: Africa
                                     TABLE 244 AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2019–2022 (USD MILLION)
                                     TABLE 245 AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2023–2028 (USD MILLION)
                                     TABLE 246 AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2019–2022 (USD MILLION)
                                     TABLE 247 AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2023–2028 (USD MILLION)
                                     TABLE 248 AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2019–2022 (USD MILLION)
                                     TABLE 249 AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2023–2028 (USD MILLION)
                                     TABLE 250 AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT, BY COUNTRY, 2019–2022 (USD MILLION)
                                     TABLE 251 AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT, BY COUNTRY, 2023–2028 (USD MILLION)
                        15.5.2.2 South Africa
                                     15.5.2.2.1 Development of modern ultralight unmanned aircraft
                                     TABLE 252 SOUTH AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2019–2022 (USD MILLION)
                                     TABLE 253 SOUTH AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2023–2028 (USD MILLION)
                                     TABLE 254 SOUTH AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2019–2022 (USD MILLION)
                                     TABLE 255 SOUTH AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2023–2028 (USD MILLION)
                                     TABLE 256 SOUTH AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2019–2022 (USD MILLION)
                                     TABLE 257 SOUTH AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2023–2028 (USD MILLION)
                        15.5.2.3 Rest of Africa
                                     TABLE 258 REST OF AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2019–2022 (USD MILLION)
                                     TABLE 259 REST OF AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2023–2028 (USD MILLION)
                                     TABLE 260 REST OF AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2019–2022 (USD MILLION)
                                     TABLE 261 REST OF AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2023–2028 (USD MILLION)
                                     TABLE 262 REST OF AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2019–2022 (USD MILLION)
                                     TABLE 263 REST OF AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2023–2028 (USD MILLION)
     15.6 LATIN AMERICA 
             15.6.1 PESTLE ANALYSIS: LATIN AMERICA
                        FIGURE 40 LATIN AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET SNAPSHOT
                        TABLE 264 LATIN AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2019–2022 (USD MILLION)
                        TABLE 265 LATIN AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2023–2028 (USD MILLION)
                        TABLE 266 LATIN AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2019–2022 (USD MILLION)
                        TABLE 267 LATIN AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2023–2028 (USD MILLION)
                        TABLE 268 LATIN AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET FOR CIVIL AND COMMERCIAL, BY END USE, 2019–2022 (USD MILLION)
                        TABLE 269 LATIN AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET FOR CIVIL AND COMMERCIAL, BY END USE, 2023–2028(USD MILLION)
                        TABLE 270 LATIN AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET FOR MILITARY, BY END USE, 2019–2022 (USD MILLION)
                        TABLE 271 LATIN AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET FOR MILITARY, BY END USE, 2023–2028 (USD MILLION)
                        TABLE 272 LATIN AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2019–2022 (USD MILLION)
                        TABLE 273 LATIN AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2023–2028 (USD MILLION)
                        TABLE 274 LATIN AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY TECHNOLOGY, 2019–2022 (USD MILLION)
                        TABLE 275 LATIN AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY TECHNOLOGY, 2023–2028(USD MILLION)
                        TABLE 276 LATIN AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY MATERIAL, 2019–2022 (USD MILLION)
                        TABLE 277 LATIN AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY MATERIAL, 2023–2028(USD MILLION)
                        TABLE 278 LATIN AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY SYSTEM, 2019–2022 (USD MILLION)
                        TABLE 279 LATIN AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY SYSTEM, 2023–2028(USD MILLION)
                        TABLE 280 LATIN AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT, BY COUNTRY, 2019–2022 (USD MILLION)
                        TABLE 281 LATIN AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT, BY COUNTRY, 2023–2028(USD MILLION)
             15.6.2 BRAZIL
                        15.6.2.1 Increasing procurement of unmanned aircraft by military and homeland security
                                     TABLE 282 BRAZIL: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2019–2022 (USD MILLION)
                                     TABLE 283 BRAZIL: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2023–2028 (USD MILLION)
                                     TABLE 284 BRAZIL: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2019–2022 (USD MILLION)
                                     TABLE 285 BRAZIL: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2023–2028 (USD MILLION)
                                     TABLE 286 BRAZIL: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2019–2022 (USD MILLION)
                                     TABLE 287 BRAZIL: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2023–2028 (USD MILLION)
             15.6.3 MEXICO
                        15.6.3.1 Increasing VVIP travel and presence of light aircraft MRO companies
                                     TABLE 288 MEXICO: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2019–2022 (USD MILLION)
                                     TABLE 289 MEXICO: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2023–2028(USD MILLION)
                                     TABLE 290 MEXICO: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2019–2022 (USD MILLION)
                                     TABLE 291 MEXICO: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2023–2028 (USD MILLION)
                                     TABLE 292 MEXICO: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2019–2022 (USD MILLION)
                                     TABLE 293 MEXICO: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2023–2028(USD MILLION)
             15.6.4 REST OF LATIN AMERICA
                        TABLE 294 REST OF LATIN AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2019–2022 (USD MILLION)
                        TABLE 295 REST OF LATIN AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AIRCRAFT TYPE, 2023–2028(USD MILLION)
                        TABLE 296 REST OF LATIN AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2019–2022 (USD MILLION)
                        TABLE 297 REST OF LATIN AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE, 2023–2028(USD MILLION)
                        TABLE 298 REST OF LATIN AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2019–2022 (USD MILLION)
                        TABLE 299 REST OF LATIN AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2023–2028(USD MILLION)
 
16 COMPETITIVE LANDSCAPE (Page No. - 207)
     16.1 INTRODUCTION 
     16.2 MARKET SHARE ANALYSIS, 2023 
             TABLE 300 DEGREE OF COMPETITION
             FIGURE 41 SHARE OF TOP PLAYERS IN ULTRALIGHT AND LIGHT AIRCRAFT MARKET, 2023 (%)
     16.3 REVENUE ANALYSIS OF TOP 5 MARKET PLAYERS, 2019–2023 
             FIGURE 42 REVENUE ANALYSIS OF TOP 5 MARKET PLAYERS, 2019–2023
     16.4 COMPANY EVALUATION MATRIX 
             16.4.1 STARS
             16.4.2 EMERGING LEADERS
             16.4.3 PERVASIVE PLAYERS
             16.4.4 PARTICIPANTS
                        FIGURE 43 ULTRALIGHT AND LIGHT AIRCRAFT MARKET: COMPANY EVALUATION MATRIX, 2023
     16.5 STARTUP EVALUATION MATRIX 
             16.5.1 PROGRESSIVE COMPANIES
             16.5.2 RESPONSIVE COMPANIES
             16.5.3 STARTING BLOCKS
             16.5.4 DYNAMIC COMPANIES
           FIGURE 44 ULTRALIGHT AND LIGHT AIRCRAFT MARKET (STARTUPS): COMPANY EVALUATION MATRIX, 2023
             16.5.5 COMPETITIVE BENCHMARKING
                        TABLE 301 ULTRALIGHT AND LIGHT AIRCRAFT MARKET: LIST OF KEY STARTUPS/SMES
                        TABLE 302 ULTRALIGHT AND LIGHT AIRCRAFT MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
     16.6 COMPANY PRODUCT FOOTPRINT ANALYSIS 
             TABLE 303 COMPANY FOOTPRINT, BY TECHNOLOGY
             TABLE 304 COMPANY FOOTPRINT, BY MATERIAL
             TABLE 305 COMPANY FOOTPRINT, BY REGION
     16.7 COMPETITIVE SCENARIO 
             16.7.1 DEALS
                        TABLE 306 ULTRALIGHT AND LIGHT AIRCRAFT MARKET: DEALS, JANUARY 2019–MARCH 2022
             16.7.2 PRODUCT LAUNCHES
                        TABLE 307 ULTRALIGHT AND LIGHT AIRCRAFT MARKET: PRODUCT LAUNCHES, JANUARY 2019–APRIL 2022
             16.7.3 OTHERS
                        TABLE 308 ULTRALIGHT AND LIGHT AIRCRAFT MARKET: OTHERS, 2019–2023
 
17 COMPANY PROFILES (Page No. - 222)
     17.1 INTRODUCTION 
     17.2 KEY PLAYERS 
(Business Overview, Products/Solutions/Services offered, Recent Developments, MnM View)*  
             17.2.1 PIPISTREL D.O.O
                        TABLE 309 PIPISTREL D.O.O: BUSINESS OVERVIEW
                        TABLE 310 PIPISTREL D.O.O: PRODUCTS/SOLUTIONS/SERVICES OFFERED?
                        TABLE 311 PIPISTREL D.O.O AJDOVŠCINA: DEALS
             17.2.2 COSTRUZIONI AERONAUTICHE TECNAM SPA
                        TABLE 312 COSTRUZIONI AERONAUTICHE TECNAM SPA: BUSINESS OVERVIEW
                        TABLE 313 COSTRUZIONI AERONAUTICHE TECNAM SPA: PRODUCTS/SOLUTIONS/SERVICES OFFERED?
                        TABLE 314 COSTRUZIONI AERONAUTICHE TECNAM SPA: PRODUCT LAUNCHES
                        TABLE 315 COSTRUZIONI AERONAUTICHE TECNAM SPA: DEALS
             17.2.3 TEXTRON INC.
                        TABLE 316 TEXTRON INC.: BUSINESS OVERVIEW
                        FIGURE 45 TEXTRON INC.: COMPANY SNAPSHOT
                        TABLE 317 TEXTRON INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED?
                        TABLE 318 TEXTRON INC.: PRODUCT DEVELOPMENTS
                        TABLE 319 TEXTRON INC.: DEALS
             17.2.4 PILATUS AIRCRAFT
                        TABLE 320 PILATUS AIRCRAFT: BUSINESS OVERVIEW
                        FIGURE 46 PILATUS AIRCRAFT: COMPANY SNAPSHOT
                        TABLE 321 PILATUS AIRCRAFT: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 322 PILATUS AIRCRAFT: DEALS
             17.2.5 PIPER AIRCRAFT, INC.
                        TABLE 323 PIPER AIRCRAFT, INC.: BUSINESS OVERVIEW
                        TABLE 324 PIPER AIRCRAFT, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 325 PIPER AIRCRAFT, INC.: DEALS
             17.2.6 EVEKTOR AEROTECHNIK
                        TABLE 326 EVEKTOR AEROTECHNIK: BUSINESS OVERVIEW
                        TABLE 327 EVEKTOR AEROTECHNIK: PRODUCTS/SOLUTIONS/ SERVICES OFFERED?
                        TABLE 328 EVEKTOR AEROTECHNIK: PRODUCT DEVELOPMENTS
             17.2.7 AMERICAN LEGEND AIRCRAFT CO.
                        TABLE 329 AMERICAN LEGEND AIRCRAFT CO.: BUSINESS OVERVIEW
                        TABLE 330 AMERICAN LEGEND AIRCRAFT CO.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             17.2.8 THRUST AIRCRAFT PRIVATE LIMITED
                        TABLE 331 THRUST AIRCRAFT PRIVATE LIMITED: BUSINESS OVERVIEW
                        TABLE 332 THRUST AIRCRAFT PRIVATE LIMITED: PRODUCTS/ SOLUTIONS/SERVICES OFFERED
             17.2.9 AIR TRACTOR
                        TABLE 333 AIR TRACTOR: BUSINESS OVERVIEW
                        TABLE 334 AIR TRACTOR: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 335 AIR TRACTOR: DEALS
             17.2.10 P&M AVIATION
                        TABLE 336 P&M AVIATION: BUSINESS OVERVIEW
                        TABLE 337 P&M AVIATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             17.2.11 QUICKSILVER AIRCRAFT
                        TABLE 338 QUICKSILVER AIRCRAFT: BUSINESS OVERVIEW
                        TABLE 339 QUICKSILVER AIRCRAFT: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             17.2.12 FLIGHT DESIGN GENERAL AVIATION GMBH
                        TABLE 340 FLIGHT DESIGN GENERAL AVIATION GMBH: BUSINESS OVERVIEW
                        TABLE 341 FLIGHT DESIGN GENERAL AVIATION GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 342 FLIGHT DESIGN GENERAL AVIATION GMBH: PRODUCT LAUNCHES
                        TABLE 343 FLIGHT DESIGN GENERAL AVIATION GMBH: DEALS
             17.2.13 AEROPRO
                        TABLE 344 AEROPRO: BUSINESS OVERVIEW
                        TABLE 345 AEROPRO: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             17.2.14 AUTOGYRO GMBH
                        TABLE 346 AUTOGYRO GMBH: BUSINESS OVERVIEW
                        TABLE 347 AUTOGYRO GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             17.2.15 VULCANAIR
                        TABLE 348 VULCANAIR: BUSINESS OVERVIEW
                        TABLE 349 VULCANAIR: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             17.2.16 CIRRUS AIRCRAFT
                        TABLE 350 CIRRUS AIRCRAFT: BUSINESS OVERVIEW
                        TABLE 351 CIRRUS AIRCRAFT: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                        TABLE 352 CIRRUS AIRCRAFT: DEALS
             17.2.17 HONDA AIRCRAFT COMPANY
                        TABLE 353 HONDA AIRCRAFT COMPANY: BUSINESS OVERVIEW
                        TABLE 354 HONDA AIRCRAFT COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED?
                        TABLE 355 HONDA AIRCRAFT COMPANY: DEALS
*Details on Business Overview, Products/Solutions/Services offered, Recent Developments, MnM View might not be captured in case of unlisted companies.  
     17.3 OTHER PLAYERS 
             17.3.1 VOLOCOPTER GMBH
             17.3.2 LILIUM GMBH
             17.3.3 NEVA AEROSPACE
             17.3.4 OPENER
             17.3.5 KITTY HAWK
             17.3.6 JOBY AVIATION
             17.3.7 ASTON MARTIN
             17.3.8 WING AVIATION LLC
             17.3.9 KAREM AIRCRAFT INC.
             17.3.10 LIFT AIRCRAFT INC.
             17.3.11 XTI AIRCRAFT
 
18 APPENDIX (Page No. - 263)
     18.1 DISCUSSION GUIDE 
     18.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 
     18.3 CUSTOMIZATION OPTIONS 
     18.4 RELATED REPORTS 
     18.5 AUTHOR DETAILS 
 

 

The study involved four major activities in estimating the current market size for the Ultralight and Light Aircraft market. Exhaustive secondary research was conducted to collect information on the market, the peer markets, and the parent market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation procedures were used to estimate the market size of segments and subsegments.

Secondary Research

In the secondary research process, various secondary sources, such as D&B Hoovers, Bloomberg, BusinessWeek, Dow Jones Factiva and different magazines, were referred to identify and collect information for this study. Secondary sources also included annual reports, press releases & investor presentations of companies, certified publications, articles by recognized authors, and simulator databases. Secondary sources referred for this research study included General Aviation Manufacturers Association (GAMA); International Air Transport Association (IATA) publications, corporate filings (such as annual reports, investor presentations, and financial statements); Federal Aviation Administration (FAA) and trade, business, and professional associations. Secondary data was collected and analyzed to arrive at the overall market size, which was further validated by primary respondents.

Primary Research

The Ultralight and Light Aircraftmarket comprises several stakeholders, such as raw material providers, Ultralight and Light Aircraft manufacturers and suppliers, and regulatory organizations in the supply chain. While the demand side of this market is characterized by various end users, the supply side is characterized by technological advancements in sensors and wireless connected systems. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Following is the breakdown of primary respondents:

Ultralight and Light Aircraft Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the total size of the Ultralight and Light Aircraftmarket. These methods were also used extensively to estimate the size of various subsegments of the market. The research methodology used to estimate the market size includes the following:

  • Key players in the industry and markets were identified through extensive secondary research.
  • The industry’s supply chain and market size, in terms of value, were determined through primary and secondary research processes.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.

Market size estimation methodology: Bottom-up approach

The bottom-up approach was employed to arrive at the overall size of the ultralight and light aircraft market. All types of new aircraft delivered were considered to calculate the size of the ultralight and light aircraft market. This data was segmented based on aircraft type, propulsion, technology, and flight operation. The number of each type of aircraft delivered was then multiplied by its respective Average Selling Price (ASP). ASPs of aircraft were identified based on the model and type of aircraft.

Ultralight and Light Aircraft Market Size, and Bottom-up approach

Market size estimation methodology: Top-down Approach

In the top-down approach, the size of the ultralight and light aircraft market was used to estimate the sizes of individual segments through percentage splits obtained from primary and secondary research. For the calculation of the size of specific market segments, the size of the immediate parent market was used to implement the top-down approach. The bottom-up approach was also implemented to validate the revenues obtained for various other segments.

The ultralight and light aircraft market was considered a part of the global aviation market due to its significant share in the market. The market size of each segment was cross-checked and validated to arrive at a common value. Similar methodologies were adopted to arrive atdetermine the sizes of different subsegments of the ultralight and light aircraft market. For instance, in the aircraft type, parameters such as aircraft cost, MTOW, seating capacity, and aircraft range were considered to arrive at the market split for various aircraft models and aircraft types.

Market shares were estimated for each company to verify revenue shares used in the bottom-up approach. With the data triangulation procedure and validation of data through primaries, the size of the parent market and each individual segment was determined and confirmed. Moreover, the total volumes of the Exports and Imports (EXIM) were also considered for the validation ofto validate the total size of the ultralight and light aircraft market.

Ultralight and Light Aircraft Market Size, and Top-down Approach

Data Triangulation

After arriving at the overall size of the ultralight and light aircraft market from the market size estimation process explained above, the total market size was split into several segments and subsegments. Market breakdown and data triangulation procedures were implemented, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics for different market segments and subsegments. The data was triangulated by studying various factors from both the demand and supply sides. In addition, the market size was validated using both top-down and bottom-up approaches.

In the top-down approach, the size of the ultralight and light aircraft market was derived by calculating the country-level data. Moreover, in the bottom-up approach, the market size was derived by estimating the revenues of key companies operating in the market and validating the data acquired through primary research.

The following figure indicates the market breakdown and data triangulation procedures implemented in the market engineering process used to develop this report on the ultralight and light aircraft market.

Market Definition

Ultralight aircraft have a maximum take-off weight (MTOW) of less than 600 kg, while light aircraft have an MTOW range from 600 kg to 5,700 kg. Light sports aircraft, fixed-wing aircraft, helicopters, gyrocopters, and unmanned aerial vehicles (UAVs) are considered ultralight and light aircraft. The maximum take-off weight is defined as the maximum weight at which the aircraft can take-off. This weight limit is defined by manufacturers in adherence to safety norms.

Key Stakeholders

  • Ultralight and Light Aircraft Manufacturers
  • Ultralight and Light Aircraft Material Providers
  • Ultralight and Light Aircraft Propulsion Manufacturers
  • Regulatory Bodies for Light and Ultralight Aircraft
  • Research Institutes and Consultancy Companies
  • Distribution Channels for Ultralight and Light Aircraft Services

Report Objectives

  • To identify and analyze key drivers, restraints, challenges, and opportunities influencing the growth of the Ultralight and Light Aircraftmarket
  • To analyze the impact of macro and micro indicators on the market
  • To forecast the market size of segments for five regions, namely, North America, Europe, Asia Pacific, Latin America, Middle East and Africa. along with major countries in each of these regions
  • To strategically analyze micro markets with respect to individual technological trends, prospects, and their contribution to the overall market
  • To strategically profile key market players and comprehensively analyze their market ranking and core competencies
  • To provide a detailed competitive landscape of the market, along with an analysis of business and corporate strategies, such as contracts, agreements, partnerships, and expansions.
  • To identify detailed financial positions, key products, unique selling points, and key developments of leading companies in the market

Available customizations

Along with the market data, MarketsandMarkets offers customizations as per the specific needs of companies. The following customization options are available for the report:

Product Analysis

  • Product matrix, which gives a detailed comparison of the product portfolio of each company

Regional Analysis

  • Further breakdown of the market segments at country-level

Company Information

  • Detailed analysis and profiling of additional market players (up to 6)
Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

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