Ultralight and Light Aircraft Market

Ultralight and Light Aircraft Market Aircraft Type (Ultralight and Light Aircraft), End Use (Civil & Commercial and Military), Flight Operation (CTOL and VTOL), Technology (Manned and Unmanned), Propulsion, Material, and Region - Global Forecast to 2030

Report Code: AS 3897 Feb, 2019, by marketsandmarkets.com

[155 Pages Report] The ultralight and light aircraft market is estimated at USD 7.1 billion in 2018 and is projected to reach USD 13.9 billion by 2030, at a CAGR of 5.80% from 2018 to 2030. Factors expected to fuel the growth of the ultralight and light aircraft market include the increasing demand for recreational flights and deliveries of Unmanned Aerial Vehicles (UAVs). The global deliveries of ultralight and light aircraft are increasing due to the demand for air taxi and urban air mobility.    

Ultralight Aircraft Market

By aircraft type, the ultralight aircraft segment is expected to grow at the highest CAGR during the forecast period

Based on aircraft type, the ultralight aircraft segment of the ultralight and light aircraft market is projected to grow at the highest CAGR during the forecast period, as these aircraft are used for various air taxi services and chartered flights, which is driving the growth of these aircraft deliveries worldwide. However, rise in the demand for ultralight aircraft in urban air transport is driving the growth of ultralight aircraft market. There is a growing demand for passenger drones and Unmanned Aerial Vehicles (UAVs) in the ultralight and light aircraft market across the globe. The trend is highly evident in developed economies, wherein funds raised by technology developers are driving the growth of this market.  

Civil & commercial end use segment expected to grow at the higher CAGR in the ultralight and light aircraft market during the forecast period

Based on end use, the ultralight and light aircraft market has been segmented into civil & commercial and military. The civil & commercial segment has been further studied for various applications, such as personal & passenger, commercial cargo, training, agriculture, survey & research, medical, and others, whereas, the military segment has been further studied for search & rescue, cargo, training, and other applications. Most developed countries, such as the US, the UK, and countries in Western Europe are framing new infrastructural policies to emphasize urban air mobility initiatives, which are projected to drive the market for civil & commercial applications. Whereas, commercialization of this technology is likely to take place in the Asia Pacific region during the forecast period.

Ultralight Aircraft Market

The Asia Pacific region is expected to grow at the highest CAGR in the ultralight and light aircraft market from 2018 to 2030

The Asia Pacific ultralight and light aircraft market is projected to grow at the highest CAGR during the forecast period. This growth can be attributed to the increasing number of ultralight and light aircraft deliveries and rise in demand for UAVs which are expected to drive the growth of this market.

Key Market Players

Major players in the ultralight and light aircraft market include Aeropro (Slovakia), American Legend Aircraft (US), Autogyro (Germany), Cirrus Aircraft (US) Costruzioni Aeronautiche TECNAM (Italy), Evektor-Aerotechnik (Czech Republic), Flight Design General Aviation (German), P&M Aviation (UK), Pilatus (Switzerland), Piper Aircraft (US), Pipistrel (Slovenia), Quicksilver Aircraft (US), Textron (US), and Vulcan Air (Italy), among others.

Recent Developments

  • In January 2019, Bell Helicopter, a Textron company (US), revealed the configuration and full-scale Vertical-takeoff-and-landing (VTOL) air taxi vehicle during CES 2019. The air taxi, Bell Nexus, is powered by a hybrid-electric propulsion system and features Bell’s signature powered lift concept incorporating six tilting ducted fans that are designed for safe and efficient air travel.
  • In October 2018, the Pilatus (Switzerland) opened a new facility in Broomfield, Colorado US for PC-12 and PC-24 light aircraft models which is expected to enhance the company’s production capacity. In January 2017, Pilatus announced signing 3 PC-21 fleet orders, for a total of 21 PC-21s, of which 17 are for the French Air Force and 2 each for the Royal Jordanian Air Force and QinetiQ. Together, these orders are worth over USD 292.7 million.
  • In July 2018, Tecnam (Italy) announced contracts from Hellenic Air Force (HAF) of Greece for the supply of 12 low wing trainer aircraft, P2002JF, and in the same month, the company won another contract from the Thai Aviation Academy to provide 2, P2002JF and 1, P2006T twin aircraft.

Key questions addressed by the report

  • What are your views on the growth perspective of the ultralight and light aircraft market? What are the key dynamics and trends that govern the market, such as drivers, and opportunities?
  • What are the key sustainability strategies adopted by leading players operating in the ultralight and light aircraft market?
  • What are the new emerging technologies and use cases disrupting the aviation industry? When do you think the air taxi will be commercialized?
  • Which are the key applications wherein ultralight and light aircraft play a significant role?
  • What are the key trends and opportunities in the ultralight and light aircraft market across different regions and respective countries?
  • Who are the key players and innovators in the partnership ecosystem?
  • How is the competitive landscape changing in the client ecosystem and impacting their revenue shares?

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction (Page No. - 19)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Study Scope
           1.3.1 Markets Covered
    1.4 Years Considered for the Study
    1.5 Currency
    1.6 Limitations
    1.7 Market Stakeholders

2 Research Methodology (Page No. - 24)
    2.1 Research Data
    2.2 Secondary Data
           2.2.1 Key Data From Secondary Sources
    2.3 Primary Data
           2.3.1 Key Data From Primary Sources
                    2.3.1.1 Breakdown of Primaries
    2.4 Market Size Estimation
           2.4.1 Market Definition & Scope
           2.4.2 Exclusions
    2.5 Research Approach & Methodology
           2.5.1 Bottom-Up Approach
                    2.5.1.1 Regional Ultralight and Light Aircraft Market
                    2.5.1.2 Segment Size of Ultralight and Light Aircraft Market
                    2.5.1.3 Ultralight and Light Aircraft Market Size, By End Use
                    2.5.1.4 Ultralight and Light Aircraft Market for Futuristic Technologies
    2.6 Top-Down Approach
    2.7 Market Breakdown and Data Triangulation
    2.8 Assumptions

3 Executive Summary (Page No. - 34)

4 Premium Insights (Page No. - 38)
    4.1 Attractive Opportunities in Ultralight and Light Aircraft Market
    4.2 Ultralight and Light Aircraft Market, By Propulsion
    4.4 Ultralight and Light Aircraft Market for Military, By Application
    4.5 Ultralight and Light Aircraft Market for Civil & Commercial, By Application

5 Market Overview (Page No. - 41)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Low Cost of Acquisition, Maintenance, and Operation
                    5.2.1.2 Increasing Use of Uavs in Military Operations
           5.2.2 Restraints
                    5.2.2.1 Fluctuations in the Pattern of Aircraft Deliveries
           5.2.3 Opportunities
                    5.2.3.1 Advantages of Hybrid-Electric Propulsion Over Traditional Propulsion
                    5.2.3.2 Technological Developments for Urban Air Mobility
                    5.2.3.3 Technological Developments in the Field of Drone Payloads and Passenger Drones
           5.2.4 Challenges
                    5.2.4.1 Acceptance of Uavs in Urban Areas
                    5.2.4.2 Pilot and Passenger Safety Concerns

6 Industry Trends (Page No. - 48)
    6.1 Introduction
    6.2 Ecosystem
    6.3 Key Influencers
    6.4 Current Trends
    6.5 Futuristic Trends
           6.5.1 Autonomous Aircraft
           6.5.2 Electric Propulsion
                    6.5.2.1 Hybrid Electric Propulsion System Design
                    6.5.2.2 All Electric Propulsion System Design
           6.5.3 Passenger Drones
           6.5.4 Combat Drones

7 Ultralight and Light Aircraft, By Aircraft Type (Page No. - 54)
    7.1 Introduction
    7.2 Ultralight Aircraft
           7.2.1 Lenient Pilot License Requirement
    7.3 Light Aircraft
           7.3.1 Majorly Used for Intercity Travel

8 Ultralight and Light Aircraft, By End Use (Page No. - 57)
    8.1 Introduction
    8.2 Civil & Commercial
           8.2.1 Personal & Passenger
                    8.2.1.1 Time Saving Personal and Passenger Transport
           8.2.2 Commercial Cargo
                    8.2.2.1 Cargo Logistics Transfer to Remote and Less Accessible Areas
           8.2.3 Training
                    8.2.3.1 Foundation of Pilot Training
           8.2.4 Agriculture
                    8.2.4.1 Modernization in Farming Techniques
           8.2.5 Survey & Research
                    8.2.5.1 Need for Geographic, Scientific and Environmental Data Collection
           8.2.6 Medical
                    8.2.6.1 Emergency Ambulance Service
           8.2.7 Others
    8.3 Military
           8.3.1 Intelligence, Surveillance, and Reconnaissance (Isr)
                    8.3.1.1 Gathering Battle Intelligence Through Surveillance
           8.3.2 Search & Rescue
                    8.3.2.1 Provide Relief in Distressing Situations
           8.3.3 Military Cargo
                    8.3.3.1 Transferring Cargo to Sensitive Military Locations
           8.3.4 Training
                    8.3.4.1 Military Pilot Training
           8.3.5 Others

9 Ultralight and Light Aircraft Market, By Technology (Page No. - 63)
    9.1 Introduction
    9.2 Manned
           9.2.1 Pilot Controlled Aircraft; All Present Passenger Aircraft
    9.3 Unmanned
           9.3.1 Artificially Intelligent Aircraft

10 Ultralight and Light Aircraft Market, By Propulsion (Page No. - 66)
     10.1 Introduction
     10.2 Electric/Hybrid
             10.2.1 Reducing Carbon Footprints
     10.3 Conventional Fuel
             10.3.1 Gas Turbine and Piston Engines

11 Ultralight and Light Aircraft Market, By Flight Operation (Page No. - 70)
     11.1 Introduction
     11.2 Ctol (Conventional Take-Off and Landing)
             11.2.1 Long Runway for Take-Off
     11.3 Vtol (Vertical Take-Off and Landing)
             11.3.1 Flexibility and Ease of Take-Off

12 Ultralight and Light Aircraft Market, By Material (Page No. - 73)
     12.1 Introduction
     12.2 Aluminum
             12.2.1 Light Weight and High Strength
     12.3 Composites
             12.3.1 Future of Aircraft Material, Lighter Than Aluminium
     12.4 Others

13 Regional Analysis (Page No. - 77)
     13.1 Introduction
     13.2 North America
             13.2.1 US
                        13.2.1.1 Increased Investments By Major Oems in Disruptive Technologies are Driving the Growth of the Market
             13.2.2 Canada
                        13.2.2.1 Increasing Recreational Flights are Driving the Demand for Ultralight and Light Aircraft in the Country
     13.3 Europe
             13.3.1 UK
                        13.3.1.1 Increasing Adoption of Air Taxi for Domestic Air Transportation is Driving the Market
             13.3.2 France
                        13.3.2.1 Increasing Technological Developments for Creating Next-Generation Urban Air Mobility Infrastructure are Driving the Growth of the Market in the Country
             13.3.3 Germany
                        13.3.3.1 Rapid Developments in the Infrastructure for Urban Air Mobility are Driving the Growth of the Market in the Country
             13.3.4 Russia
                        13.3.4.1 High Demand for Uavs From Military End Users is Driving the Growth of the Market in the Country
             13.3.5 Rest of Europe
                        13.3.5.1 Increase in Aircraft Deliveries and Growth in Passenger Air Travel in the Region are Driving the Growth of the Market
     13.4 Asia Pacific
             13.4.1 China
                        13.4.1.1 High Demand for Uavs for Urban Air Mobility and Rise in Global Demand for Chinese Uavs is Driving the Ultralight and Light Aircraft Market
             13.4.2 Australia
                        13.4.2.1 Rising Demand for Recreational and Sports Flights and Growth of Tourism Industry in the Country are Driving the Market
             13.4.3 Japan
                        13.4.3.1 Rapid Commercialization of Urban Air Mobility and Demand for Advanced Aviation Technology are Driving the Market in Japan
             13.4.4 India
                        13.4.4.1 Upcoming Reforms in the Indian Aviation Sector for Uavs are Driving the Growth of the Market
             13.4.5 Rest of Asia Pacific
                        13.4.5.1 Demand for Urban Air Mobility From the Emerging Countries is Driving the Market
     13.5 Rest of the World
             13.5.1 Middle East & Africa
                        13.5.1.1 Increasing Procurement of Ultralight and Light Aircraft in the Region for Tourism and Commercial Uses is Driving the Market in the Region
             13.5.2 Latin America
                        13.5.2.1 Increase in Recreational Flights in Latin America is Driving the Growth of the Market

14 Competitive Landscape (Page No. - 115)
     14.1 Overview
     14.2 Company Ranking Analysis: 2017
     14.3 Competitive Scenario
             14.3.1 New Product Launches
             14.3.2 Contracts, Partnerships, and Agreements
             14.3.3 Expansions & Collaborations
     14.4 Start-Ups Competitive Leadership Mapping
             14.4.1 Progressive Companies
             14.4.2 Responsive Companies
             14.4.3 Dynamic Companies
             14.4.4 Starting Blocks

15 Company Profiles (Page No. - 121)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
     15.1 Introduction
     15.2 Pipistrel D.O.O Ajdovšθina
     15.3 Evektor-Aerotechnik
     15.4 American Legend Aircraft Co.
     15.5 P&M Aviation
     15.6 Quicksilver Aircraft
     15.7 Costruzioni Aeronautiche Tecnam S.R.L.
     15.8 Flight Design General Aviation GmbH
     15.9 Textron Inc.
     15.10 Aeropro
     15.11 Autogyro GmbH
     15.12 Pilatus Aircraft
     15.13 Piper Aircraft
     15.14 Vulcan Air
     15.15 Cirrus Aircraft
     15.16 Start-Up Company Profiles
             15.16.1 Volocopter GmbH
             15.16.2 Lilium GmbH
             15.16.3 Neva Aerospace
             15.16.4 Opener
             15.16.5 Kitty Hawk
             15.16.6 Joby Aviation
             15.16.7 Aston Martin
             15.16.8 Wing
             15.16.9 Karem Aircraft Inc.
             15.16.10 Lift
             15.16.11 XTI Aircraft Company

*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

16 Appendix (Page No. - 148)
     16.1 Discussion Guide
     16.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     16.3 Available Customization
     16.4 Related Reports
     16.5 Author Details


List of Tables (106 Tables)

Table 1 Ownership Cost Analysis of Ultralight Aircraft
Table 2 US Aircraft Accidents, Fatal Accidents, and Fatalities 2010 to 2016
Table 3 Major Developments in the Field of Drone Taxies
Table 4 Ultralight and Light Aircraft Market Size, By Aircraft Type, 2016–2030 (USD Million)
Table 5 Ultralight Aircraft Market Size, By Region, 2016–2030 (USD Million)
Table 6 Light Aircraft Market Size, By Region, 2016–2030 (USD Million)
Table 7 Ultralight and Light Aircraft Market Size, By End Use, 2018–2030 (USD Million)
Table 8 Ultralight and Light Aircraft Market for Civil & Commercial, By Application, 2016–2030 (USD Million)
Table 9 Ultralight and Light Aircraft Market for Civil & Commercial, By Region, 2016-2030 (USD Million)
Table 10 Ultralight and Light Aircraft Market for Military, By Application, 2018–2030 (USD Million)
Table 11 Ultralight and Light Aircraft Market for Military, By Region, 2018–2030 (USD Million)
Table 12 Ultralight and Light Aircraft Market Size, By Technology, 2018–2030 (USD Million)
Table 13 Manned Ultralight and Light Aircraft Market Size, By Region, 2018–2030 (USD Million)
Table 14 Unmanned Ultralight and Light Aircraft Market Size, By Region, 2018–2030 (USD Million)
Table 15 Ultralight and Light Aircraft Market Size, By Propulsion, 2016–2030 (USD Million)
Table 16 Electric/Hybrid Ultralight and Light Aircraft Market Size, By Region, 2016–2030 (USD Million)
Table 17 Conventional Fuel Ultralight and Light Aircraft Market Size, By Region, 2016–2030 (USD Million)
Table 18 Ultralight and Light Aircraft Market Size, By Flight Operation, 2016–2030 (USD Million)
Table 19 Ctol: Ultralight and Light Aircraft Market Size, By Region, 2016–2030 (USD Million)
Table 20 Vtol: Ultralight and Light Aircraft Market Size, By Region, 2016–2030 (USD Million)
Table 21 Ultralight and Light Aircraft Market Size, By Material, 2016–2030 (USD Million)
Table 22 Ultralight and Light Aircraft Market Size for Aluminum, By Region, 2016–2030 (USD Million)
Table 23 Ultralight and Light Aircraft Market Size for Composites, By Region, 2016–2030 (USD Million)
Table 24 Ultralight and Light Aircraft Market Size for Other Materials, By Region, 2016–2030 (USD Million)
Table 25 Ultralight and Light Aircraft Market Size, By Region, 2016–2030 (USD Million)
Table 26 North America Ultralight and Light Aircraft Market Size, By Aircraft Type, 2016–2030 (USD Million)
Table 27 North America Ultralight and Light Aircraft Market Size, By End Use, 2016–2030 (USD Million)
Table 28 North America Ultralight and Light Aircraft Market Size for Civil & Commercial, By Application, 2016–2030 (USD Million)
Table 29 North America Ultralight and Light Aircraft Market Size for Military, By Application, 2016–2030 (USD Million)
Table 30 North America Ultralight and Light Aircraft Market Size, By Flight Operation, 2016–2030 (USD Million)
Table 31 North America Ultralight and Light Aircraft Market Size, By Technology, 2016–2030 (USD Million)
Table 32 North America Ultralight and Light Aircraft Market Size, By Propulsion, 2016–2030 (USD Million)
Table 33 North America Ultralight and Light Aircraft Market Size, By Material, 2016–2030 (USD Million)
Table 34 North America: Ultralight and Light Aircraft Market Size, By Country, 2016–2030 (USD Million)
Table 35 US Ultralight and Light Aircraft Market Size, By Aircraft Type, 2016–2030 (USD Million)
Table 36 US Ultralight and Light Aircraft Market Size, By End Use, 2016–2030 (USD Million)
Table 37 US Ultralight and Light Aircraft Market Size, By Flight Operation, 2016–2030 (USD Million)
Table 38 Canada Ultralight and Light Aircraft Market Size, By Aircraft Type, 2016–2030 (USD Million)
Table 39 Canada Ultralight and Light Aircraft Market Size, By End Use, 2016–2030 (USD Million)
Table 40 Canada Ultralight and Light Aircraft Market Size, By Flight Operation, 2016–2030 (USD Million)
Table 41 Europe Ultralight and Light Aircraft Market Size, By Aircraft Type, 2016–2030 (USD Million)
Table 42 Europe Ultralight and Light Aircraft Market Size, By End Use, 2016–2030 (USD Million)
Table 43 Europe Ultralight and Light Aircraft Market Size for Civil & Commercial, By Application, 2016–2030 (USD Million)
Table 44 Europe Ultralight and Light Aircraft Market Size for Military, By Application, 2016–2030 (USD Million)
Table 45 Europe Ultralight and Light Aircraft Market Size, By Flight Operation, 2016–2030 (USD Million)
Table 46 Europe Ultralight and Light Aircraft Market Size, By Technology, 2016–2030 (USD Million)
Table 47 Europe Ultralight and Light Aircraft Market Size, By Propulsion, 2016–2030 (USD Million)
Table 48 Europe Ultralight and Light Aircraft Market Size, By Material, 2016–2030 (USD Million)
Table 49 Europe Ultralight and Light Aircraft Size, By Country, 2016–2030 (USD Million)
Table 50 UK Ultralight and Light Aircraft Market Size, By Aircraft Type, 2016–2030 (USD Million)
Table 51 UK Ultralight and Light Aircraft Market Size, By End Use, 2016–2030 (USD Million)
Table 52 UK Ultralight and Light Aircraft Market Size, By Flight Operation, 2016–2030 (USD Million)
Table 53 France Ultralight and Light Aircraft Market Size, By Aircraft Type, 2016–2030 (USD Million)
Table 54 France Ultralight and Light Aircraft Market Size, By End Use, 2016–2030 (USD Million)
Table 55 France Ultralight and Light Aircraft Market Size, By Flight Operation, 2016–2030 (USD Million)
Table 56 Germany Ultralight and Light Aircraft Market Size, By Aircraft Type, 2016–2030 (USD Million)
Table 57 Germany Ultralight and Light Aircraft Market Size, By End Use, 2016–2030 (USD Million)
Table 58 Germany Ultralight and Light Aircraft Market Size, By Flight Operation, 2016–2030 (USD Million)
Table 59 Russia Ultralight and Light Aircraft Market Size, By Aircraft Type, 2016–2030 (USD Million)
Table 60 Russia Ultralight and Light Aircraft Market Size, By End Use, 2016–2030 (USD Million)
Table 61 Russia Ultralight and Light Aircraft Market Size, By Flight Operation, 2016–2030 (USD Million)
Table 62 Rest of Europe Ultralight and Light Aircraft Market Size, By Aircraft Type, 2016–2030 (USD Million)
Table 63 Rest of Europe Ultralight and Light Aircraft Market Size, By End Use, 2016–2030 (USD Million)
Table 64 Rest of Europe Ultralight and Light Aircraft Market Size, By Flight Operation, 2016–2030 (USD Million)
Table 65 Asia Pacific Ultralight and Light Aircraft Market Size, By Aircraft Type, 2016–2030 (USD Million)
Table 66 Asia Pacific Ultralight and Light Aircraft Market Size, By Technology, 2016–2030 (USD Million)
Table 67 Asia Pacific Ultralight and Light Aircraft Market Size, By End Use, 2016–2030 (USD Million)
Table 68 Asia Pacific Ultralight and Light Aircraft Market Size for Civil & Commercial, By Application, 2016–2030 (USD Million)
Table 69 Asia Pacific Ultralight and Light Aircraft Market Size for Military, By Application, 2016–2030 (USD Million)
Table 70 Asia Pacific Ultralight and Light Aircraft Market Size, By Flight Operation, 2016–2030 (USD Million)
Table 71 Asia Pacific Ultralight and Light Aircraft Market Size, By Propulsion, 2016–2030 (USD Million)
Table 72 Asia Pacific Ultralight and Light Aircraft Market Size, By Asia Pacific, 2016–2030 (USD Million)
Table 73 Asia Pacific Ultralight and Light Aircraft Size, By Country, 2016–2030 (USD Million)
Table 74 China Ultralight and Light Aircraft Market Size, By Aircraft Type, 2016–2030 (USD Million)
Table 75 China Ultralight and Light Aircraft Market Size, By End Use, 2016–2030 (USD Million)
Table 76 China Ultralight and Light Aircraft Market Size, By Flight Operation, 2016–2030 (USD Million)
Table 77 Australia Ultralight and Light Aircraft Market Size, By Aircraft Type, 2016–2030 (USD Million)
Table 78 Australia Ultralight and Light Aircraft Market Size, By End Use, 2016–2030 (USD Million)
Table 79 Australia Ultralight and Light Aircraft Market Size, By Flight Operation, 2016–2030 (USD Million)
Table 80 Japan Ultralight and Light Aircraft Market Size, By Aircraft Type, 2016–2030 (USD Million)
Table 81 Japan Ultralight and Light Aircraft Market Size, By End Use, 2016–2030 (USD Million)
Table 82 Japan Ultralight and Light Aircraft Market Size, By Flight Operation, 2016–2030 (USD Million)
Table 83 India Ultralight and Light Aircraft Market Size, By Aircraft Type, 2016–2030 (USD Million)
Table 84 India Ultralight and Light Aircraft Market Size, By End Use, 2016–2030 (USD Million)
Table 85 India Ultralight and Light Aircraft Market Size, By Flight Operation, 2016–2030 (USD Million)
Table 86 Rest of Asia Pacific Ultralight and Light Aircraft Market Size, By Aircraft Type, 2016–2030 (USD Million)
Table 87 Rest of Asia Pacific Ultralight and Light Aircraft Market Size, By End Use, 2016–2030 (USD Million)
Table 88 Rest of Asia Pacific Ultralight and Light Aircraft Market Size, By Flight Operation, 2016–2030 (USD Million)
Table 89 RoW Ultralight and Light Aircraft Market Size, By Aircraft Type, 2016–2030 (USD Million)
Table 90 RoW Ultralight and Light Aircraft Market Size, By Technology, 2016–2030 (USD Million)
Table 91 RoW Ultralight and Light Aircraft Market Size, By End Use, 2016–2030 (USD Million)
Table 92 RoW Ultralight and Light Aircraft Market Size for Civil & Commercial, By Application, 2016–2030 (USD Million)
Table 93 RoW Ultralight and Light Aircraft Market Size for Military, By Application, 2016–2030 (USD Million)
Table 94 RoW Ultralight and Light Aircraft Market Size, By Flight Operation, 2016–2030 (USD Million)
Table 95 RoW Ultralight and Light Aircraft Market Size, By Propulsion, 2016–2030 (USD Million)
Table 96 RoW Ultralight and Light Aircraft Market Size, By Asia Pacific, 2016–2030 (USD Million)
Table 97 RoW Ultralight and Light Aircraft Size, By Region, 2016–2030 (USD Million)
Table 98 Middle East & Africa Ultralight and Light Aircraft Market Size, By Aircraft Type, 2016–2030 (USD Million)
Table 99 Middle East & Africa Ultralight and Light Aircraft Market Size, By End Use, 2016–2030 (USD Million)
Table 100 Middle East & Africa Ultralight and Light Aircraft Market Size, By Flight Operation, 2016–2030 (USD Million)
Table 101 Latin America Ultralight and Light Aircraft Market Size, By Aircraft Type, 2016–2030 (USD Million)
Table 102 Latin America Ultralight and Light Aircraft Market Size, By End Use, 2016–2030 (USD Million)
Table 103 Latin America Ultralight and Light Aircraft Market Size, By Flight Operation, 2016–2030 (USD Million)
Table 104 New Product Launches, 2016-2018
Table 105 Contracts, Partnerships, and Agreements, 2016-2018
Table 106 Expansions & Collaborations, 2016-2018


List of Figures (37 Figures)

Figure 1 Ultralight and Light Aircraft Market Segmentation
Figure 2 Regional Scope
Figure 3 Research Process Flow
Figure 4 Research Design
Figure 5 Market Size Estimation Methodology: Bottup-Up Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
Figure 7 Data Triangulation Methodology
Figure 8 Ultralight Aircraft Segment is Projected to Lead the Aircraft Type Market During the Forecast Period
Figure 9 Unmanned Segment Projected to Grow at Higher CAGR During Forecast Period as Compared to Manned Segment
Figure 10 Civil & Commercial End-Use Segment Projected to Lead Ultralight and Light Aircraft Market During Forecast Period
Figure 11 Aluminum Segment Estimated to Account for Largest Share of Ultralight and Light Aircraft Market in 2018
Figure 12 Ultralight and Light Aircraft Market in Asia Pacific Projected to Grow at Highest CAGR During Forecast Period
Figure 13 Urban Air Mobility and Passenger Drones are the Fastest-Growing Technologies in Ultralight and Light Aircraft Market
Figure 14 Conventional Fuel Segment Projected to Grow at A Higher CAGR During Forecast Period as Compared to Electric/Hybrid Segment
Figure 15 Vertical Take-Off and Landing Segment Expected to Lead Ultralight and Light Aircraft Market During Forecast Period
Figure 16 Military Cargo Application Segment Estimated to Lead Ultralight and Light Aircraft Market in 2018
Figure 17 Personal & Passenger Application Segment Projected to Lead Ultralight and Light Aircraft Market During Forecast Period
Figure 18 Ultralight and Light Aircraft Market Dynamics
Figure 19 Ecosystem: Direct Distribution is the Most Preferred Strategy of Prominent Ultralight and Light Aircraft Manufacturers
Figure 20 Ultralight Aircraft: Lightweight and Electric-Powered Aircraft are Prime Focus Areas for Ultralight Aircraft Manufacturers
Figure 21 Hybrid Electric Propulsion System Architecture
Figure 22 All Electric Propulsion System Architecture
Figure 23 Ultralight and Light Aircraft Market Size, By Aircraft Type, 2018–2030 (USD Million)
Figure 24 Ultralight and Light Aircraft Market Size, By End Use, 2018–2030 (USD Million)
Figure 25 Ultralight and Light Aircraft Market Size, By Technology, 2018-2030 (USD Million)
Figure 26 Ultralight and Light Aircraft Market Size, By Propulsion, 2016–2030 (USD Million)
Figure 27 Ultralight and Light Aircraft Market Size, By Flight Operation, 2018–2030 (USD Million)
Figure 28 Ultralight and Light Aircraft Market Size, By Material, 2018-2030 (USD Million)
Figure 29 North America Estimated to Account for the Largest Share of the Ultralight and Light Aircraft Market in 2018
Figure 30 North America Ultralight and Light Aircraft Market Snapshot: the US to Have the Highest Growth Potential During the Forecast Period
Figure 31 Europe Ultralight and Light Aircraft Market Snapshot
Figure 32 Asia Pacific Ultralight and Light Aircraft Market Snapshot
Figure 33 RoW Ultralight and Light Aircraft Market Snapshot
Figure 34 Key Developments By Leading Players in the Ultralight and Light Aircraft Market Between 2016 and 2018
Figure 35 Ultralight and Light Aircraft Market Start-Ups Competitive Leadership Mapping, 2018
Figure 36 Textron Inc.: Company Snapshot
Figure 37 Pilatus Aircraft: Company Snapshot

The study undertook major activities to estimate the current market size for ultralight and light aircraft. Exhaustive secondary research was undertaken to collect information on the market, the peer market, 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 General Aviation Manufacturers Association (GAMA) Annual Report, D&B Hoovers, Bloomberg, BusinessWeek, and ultralight and light aircraft manufacturers, unmanned technology developers, and various magazines were referred to identify and collect information for this study. Secondary sources included annual reports, press releases & investor presentations of companies, certified publications, articles by recognized authors, and ultralight and light aircraft databases.

Primary Research

The ultralight and light aircraft market comprises several stakeholders, such as raw material suppliers, systems and component suppliers, aero structure manufacturers, and regulatory organizations in the supply chain. The demand-side of this market is characterized by various end users, such as air taxi service providers as well as facility providers and leasing companies. The supply-side is characterized by advancements in ultralight and light aircraft technologies, development of ultralight and light aircraft platforms, and new technologies. 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 Aircraft Market

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 aircraft market. These methods were also used extensively to estimate the sizes of various subsegments in 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.

Data Triangulation

After arriving at the overall market size—using the market size estimation processes as explained above—the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both, the demand- and supply-sides, in the ultralight and light aircraft industry.

Report Objectives

  • To identify and analyze key drivers, restraints, opportunities, and challenges influencing the growth of the ultralight and light aircraft market
  • To analyze macro and micro indicators of the ultralight and light aircraft market
  • To forecast the market size of segments based on 4 regions, including North America, Europe, Asia Pacific, and Rest of the World, along with major countries in each of these regions
  • To strategically analyze micromarkets 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 shares and core competencies
  • To provide a detailed competitive landscape of the ultralight and light aircraft market, along with an analysis of business and corporate strategies such as joint ventures, acquisitions, and new product developments
  • To identify detailed financial positions, key products, unique selling points, and key developments of leading companies in the ultralight and light aircraft market

Scope of the Report

Report Metric

Details

Market size available for years

2016-2030

Base year considered

2017

Forecast period

2018-2030

Forecast monetary unit

Value (USD)

Segments covered

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

Regions covered

North America, Asia Pacific, Europe, and RoW

Companies covered

Aeropro (Slovakia), American Legend Aircraft (US), Autogyro (Germany), Cirrus Aircraft (US) Costruzioni Aeronautiche TECNAM (Italy), Evektor-Aerotechnik (Czech Republic), Flight Design General Aviation (German), P&M Aviation (UK), Pilatus (Switzerland), Piper Aircraft (US), Pipistrel (Slovenia), Quicksilver Aircraft (US), Textron (US), and Vulcan Air (Italy), among others.

This research report categorizes the ultralight and light aircraft market based on aircraft type, end use, flight operation, propulsion, technology, material, and region.

On the basis of Aircraft Type, the ultralight and light aircraft market has been segmented as follows:

  • Ultralight Aircraft
  • Light Aircraft 

On the basis of End Use, the ultralight and light aircraft market has been segmented as follows:

  • Civil & Commercial
    • Personal & Passenger
    • Commercial Cargo
    • Training
    • Agriculture
    • Survey & Research
    • Medical
    • Others (Recreational Flying by License Holders)
  • Military
    • Search & Rescue
    • Cargo
    • Training
    • Others (Battle Management and Combat UAVs)

On the basis of Flight Operations, the ultralight and light aircraft market has been segmented as follows:

  • CTOL
  • VTOL

On the basis of Technology, the ultralight and light aircraft market has been segmented as follows:

  • Manned
  • Unmanned

On the basis of Propulsion, the ultralight and light aircraft market has been segmented as follows:

  • Conventional Fuel
  • Electric/Hybrid

On the basis of Material, the ultralight and light aircraft market has been segmented as follows:

  • Aluminum
  • Composites
  • Others (Titanium Alloys, Steel Alloys, and Metal Alloys)

On the basis of Region, the Ultralight and light aircraft market has been segmented as follows:

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World (RoW)

Available Customizations

Along with the market data, MarketsandMarkets offers customizations according to the company’s specific needs.

Product Analysis

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

Company Information

  • Detailed analysis and profiles of additional market players (up to 5)
Report Code
AS 3897
Published ON
Feb, 2019
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