Ultralight Aircraft Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Report Code: ZMR-2391 | Report Format : | Status : Upcoming |

Abstract

Ultralight Aircraft Market: Overview

The ultralight aircrafts are specially designed basically for the recreational purposes, that is, for short distance flying. The ultralight aircrafts are alternatively also known as microlight aircrafts. The ultralight aircraft’s definition, weight, and the speed limits vary region wise.

Ultralight Aircraft Market: Facts

In the U.S., a pilot does not require a license in order to fly a legal Part 103 ultralight aircraft. If the single place aircraft has more than 254 lbs. of weight then the pilot should have a license and must be built as amateur, experimental, and homebuilt aircraft.

Ultralight Aircraft Market: Segmentation

The global market for the ultralight aircraft is fragmented into its engine type, aircraft type, and application. Based on the type of the engine, the global market is segregated into fuel powered and electric. Based on the type of the aircraft, the market is categorized into fixed wing, rotary wing, and flex wing. Based on the application, the market is divided into recreation, defense, and commercial.

Ultralight Aircraft Market: Growth Factors

The key factor that is driving the ultralight aircraft market is the growing expenditure on the recreation and the sports. The ultralight aircrafts are driven by the amateur pilots for traveling for short distances which are becoming popular in the sports activities. The development of the lightweight aircrafts and that too with high speed by the OEM is increasing the demand for the ultralight aircrafts. The other factors that are positively affecting the growth of the ultralight aircraft market are reduced operational cost, ease of the maintenance, and the economical purchase. In the coming years, the demand for the ultralight aircraft market will increase as it provides the facility of being flown in smaller fields. In the recent years, the regulations for the ultralight aircraft that have single seat have been modified which opened up new opportunities and have attracted new customer base thus augmenting the growth of the market. The factors that will hamper the growth of the market are decreasing demand for the aviation sector, lack of standardization in the pilot certifications, and the increasing concerns related to the ultralight aircraft.

Ultralight Aircraft Market: Regional Analysis

The developments that are made in the field of tourism in the emerging economies of Asia Pacific region has opened up several opportunities for the OEM for increasing their sales. In Asia Pacific region, there are many countries that are developing and are becoming the new manufacturing hubs. Owing to the above-mentioned factors the ultralight aircraft market is developing in Asia Pacific region which will continue in the coming years. In the North American region, the ultralight aircraft market will develop significantly owing to the increased rate of deregulations and the OEM’s increased focus on improving the services and the product. The factor that will favor the growth of the market in the Middle East and Africa is the increasing rate of opportunities in the tourism.

Ultralight Aircraft Market: Competitive Players

The key market players that are involved in the ultralight aircraft market include Aeropro s.r.o, Cub Crafters, Inc., Evektor, Spol. s.r.o, American Legend Aircraft Co., Costruzioni Aeronautiche Tecnam s.r.l., Cirrus Design Corporation, Quicksilver Aircrafts, Flight Design General Aviation GmbH., Jabiru Aircraft Pty. Ltd., P&M Aviation, Pipistrel d.o.o., and ATEC, v.o.s.

Ultralight Aircraft Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Automotive Blockchain Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3641 | Report Format:

Global Automotive Blockchain Market: Overview Automotive blockchain has various advantages, such as reduced overall ownership cost, speedy transactions, and rise in the focus on lowering manipulations and data leaks. Thus, this technology is being adopted by various market players to simplify th...Read More

Automotive Interior Materials Market by Product (Plastics, Composites, Leather, Fabrics, and Metals), by Application (Dashboard, Airbag and Seat Belts, Seats, Door Panels and Trims, Carpet and Headliners, and Others), and by Vehicle Type (Passenger Cars, Heavy Commercial Vehicles, and Light Commercial Vehicles): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017–2024

Dec-2018 | Price : $ 4899.00 | Pages: 110 | Report Code: ZMR-3595 | Report Format:

The report covers a forecast and an analysis for the automotive interior materials market on a global and regional level. The study provides historical data from 2015 to 2017 along with a forecast from 2018 to 2024 based on volume (Kilotons) and revenue (USD Billion). The study includes drivers an...Read More

Automotive EGR System Market by Product (Valve, Cooler, and Pipe), by Vehicle (Passenger Cars, Light Commercial Vehicle, and Heavy Commercial Vehicle), and by Application (Diesel Powered and Gasoline Powered): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 – 2026

Oct-2018 | Price : $ 4899.00 | Pages: 183 | Report Code: ZMR-3459 | Report Format:

The report covers forecast and analysis for the automotive EGR system market on a global and regional level. The study provides historical data for 2016 and 2017 along with a forecast from 2018 to 2026 based on revenue (USD Billion). The study includes the drivers and restraints for the automotive...Read More

Automotive Wiring Harness Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2024

Price : $ 3999.00 | Report Code: ZMR-3331 | Report Format:

Automotive Wiring Harness Market: Overview The automotive wiring harness is an electrical assembly of wires and cables that transmit electrical power or signals in automobiles. It is bound together by straps, cable ties, sleeves, cable lacing, electrical tape, or a combination of these systems. ...Read More

Automotive Windshield Washer Fluid Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017–2024

Price : $ 3999.00 | Report Code: ZMR-3330 | Report Format:

Automotive Windshield Washer Fluid Market: Overview Windshield washer fluid is a liquid used in motor vehicles for the purpose of cleaning, washing, and wetting. It is used in cleaning the windshield with the windshield wiper while the vehicle is being driven. The windshield washer system helps ...Read More

Download Brochure
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.