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Ultralight Aircraft Market By Technology, By Propulsion, By Takeoff, By End Use: Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 237 Pages
  • September 2022
  • Region: Global
  • Allied Market Research
  • ID: 5712974
Ultralight aircraft have developed into specially designed aircraft of very low weight and power but with flying characteristics similar to conventional light aircraft. Originally, ultralights were simply hang gliders modified for power by installation of small engines similar to those used in chain saws. Although upgraded variants are currently utilized for training, police patrol, and other activities, including a planned use in conflict, they are still primarily designed for recreational flight. Ultralights can be powered or unpowered. They should weigh no more than 155 pounds when unpowered. If powered, they have an empty weight of no more than 254 pounds, a fuel capacity of no more than 5 US gallons, a top speed in level flight of no more than 55 knots, and a power-off stall speed of no more than 24 knots.

Growth of the ultralight aircraft market is driven by factors such as low cost of acquisition and maintenance, and absence of regulatory norms limiting civilians to fly an ultralight aircraft in certain regions. Placement of ultralight aircraft in recreational and sports activities are backed by increasing expenditure trends by civilians across the globe to support business opportunities within the region. Rise in disposable income across the globe and increasing delays in delivery of conventional aircraft is expected to impact ultralight aircraft in a positive manner to a certain extent. Rise in sports, tourism, and recreational activities post COVID-19 is supporting business opportunities within the segment. In Q1 2022, there were an expected 117 million foreign visitors, up from 41 million in Q1 2021, an increase of 182% year over year. About 47 million of the additional 76 million overseas arrivals were counted in March 2022.

The ultralight aircraft market is segmented on the basis of technology, propulsion, takeoff, end use, and region. By technology, it is categorized into manned and unmanned. The propulsion segment is further sub divided into conventional propulsion and electric & hybrid propulsion. Depending on takeoff, the market is fragmented into commercial takeoff and landing (CTOL) and vertical takeoff and landing (VTOL). The end use segment is bifurcated into civil and commercial & military. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Companies have adopted product development and product launch as their key development strategies in the ultralight aircraft industry. Moreover, collaborations and acquisitions are expected to enable leading players to enhance their product portfolios and expand into different regions. The key players that operate in the Ultralight aircraft market AutoGyro, Pilatus Aircraft Ltd, Pipistrel, Textron Inc, VOLOCOPTER GMBH, Cirrus Aircraft, Vulcanair, Piper Aircraft, Neva Aerospace, and Boeing.

KEY BENEFITS FOR STAKEHOLDERS

  • This study presents the analytical depiction of the global ultralight aircraft market analysis along with the current trends and future estimations to depict imminent investment pockets.
  • The overall ultralight aircraft market opportunity is determined by understanding profitable trends to gain a stronger foothold.
  • The report presents information related to the key drivers, restraints, and opportunities of the global ultralight aircraft market with a detailed impact analysis.
  • The current ultralight aircraft market is quantitatively analyzed from 2021 to 2031 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

Key Market Segments

By Technology

  • Manned
  • Unmanned

By Propulsion

  • Conventional Propulsion
  • Electric and Hybrid

By Takeoff

  • CTOL
  • VTOL

By End Use

  • Civil and Commercial
  • Military

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest Of Europe
  • Spain
  • Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • Rest Of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

Key Market Players

  • AutoGyro
  • Pilatus Airraft Ltd.
  • Pipistrel
  • Textron Inc.
  • VOLOCOPTER GMBH
  • Evektor
  • P&M Aviation
  • Legend Aero
  • Vulcanair
  • Cirrus Aircraft

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market

CHAPTER 4: ULTRALIGHT AIRCRAFT MARKET, BY TECHNOLOGY
4.1 Overview
4.1.1 Market size and forecast
4.2 Manned
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Unmanned
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country

CHAPTER 5: ULTRALIGHT AIRCRAFT MARKET, BY PROPULSION
5.1 Overview
5.1.1 Market size and forecast
5.2 Conventional Propulsion
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Electric and Hybrid
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country

CHAPTER 6: ULTRALIGHT AIRCRAFT MARKET, BY TAKEOFF
6.1 Overview
6.1.1 Market size and forecast
6.2 CTOL
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 VTOL
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country

CHAPTER 7: ULTRALIGHT AIRCRAFT MARKET, BY END USE
7.1 Overview
7.1.1 Market size and forecast
7.2 Civil and Commercial
7.2.1 Key market trends, growth factors and opportunities
7.2.2 Market size and forecast, by region
7.2.3 Market analysis by country
7.3 Military
7.3.1 Key market trends, growth factors and opportunities
7.3.2 Market size and forecast, by region
7.3.3 Market analysis by country

CHAPTER 8: ULTRALIGHT AIRCRAFT MARKET, BY REGION
8.1 Overview
8.1.1 Market size and forecast
8.2 North America
8.2.1 Key trends and opportunities
8.2.2 North America Market size and forecast, by Technology
8.2.3 North America Market size and forecast, by Propulsion
8.2.4 North America Market size and forecast, by Takeoff
8.2.5 North America Market size and forecast, by End Use
8.2.6 North America Market size and forecast, by country
8.2.6.1 U.S.
8.2.6.1.1 Market size and forecast, by Technology
8.2.6.1.2 Market size and forecast, by Propulsion
8.2.6.1.3 Market size and forecast, by Takeoff
8.2.6.1.4 Market size and forecast, by End Use
8.2.6.2 Canada
8.2.6.2.1 Market size and forecast, by Technology
8.2.6.2.2 Market size and forecast, by Propulsion
8.2.6.2.3 Market size and forecast, by Takeoff
8.2.6.2.4 Market size and forecast, by End Use
8.2.6.3 Mexico
8.2.6.3.1 Market size and forecast, by Technology
8.2.6.3.2 Market size and forecast, by Propulsion
8.2.6.3.3 Market size and forecast, by Takeoff
8.2.6.3.4 Market size and forecast, by End Use
8.3 Europe
8.3.1 Key trends and opportunities
8.3.2 Europe Market size and forecast, by Technology
8.3.3 Europe Market size and forecast, by Propulsion
8.3.4 Europe Market size and forecast, by Takeoff
8.3.5 Europe Market size and forecast, by End Use
8.3.6 Europe Market size and forecast, by country
8.3.6.1 UK
8.3.6.1.1 Market size and forecast, by Technology
8.3.6.1.2 Market size and forecast, by Propulsion
8.3.6.1.3 Market size and forecast, by Takeoff
8.3.6.1.4 Market size and forecast, by End Use
8.3.6.2 Germany
8.3.6.2.1 Market size and forecast, by Technology
8.3.6.2.2 Market size and forecast, by Propulsion
8.3.6.2.3 Market size and forecast, by Takeoff
8.3.6.2.4 Market size and forecast, by End Use
8.3.6.3 France
8.3.6.3.1 Market size and forecast, by Technology
8.3.6.3.2 Market size and forecast, by Propulsion
8.3.6.3.3 Market size and forecast, by Takeoff
8.3.6.3.4 Market size and forecast, by End Use
8.3.6.4 Russia
8.3.6.4.1 Market size and forecast, by Technology
8.3.6.4.2 Market size and forecast, by Propulsion
8.3.6.4.3 Market size and forecast, by Takeoff
8.3.6.4.4 Market size and forecast, by End Use
8.3.6.5 Italy
8.3.6.5.1 Market size and forecast, by Technology
8.3.6.5.2 Market size and forecast, by Propulsion
8.3.6.5.3 Market size and forecast, by Takeoff
8.3.6.5.4 Market size and forecast, by End Use
8.3.6.6 Spain
8.3.6.6.1 Market size and forecast, by Technology
8.3.6.6.2 Market size and forecast, by Propulsion
8.3.6.6.3 Market size and forecast, by Takeoff
8.3.6.6.4 Market size and forecast, by End Use
8.3.6.7 Rest of Europe
8.3.6.7.1 Market size and forecast, by Technology
8.3.6.7.2 Market size and forecast, by Propulsion
8.3.6.7.3 Market size and forecast, by Takeoff
8.3.6.7.4 Market size and forecast, by End Use
8.4 Asia-Pacific
8.4.1 Key trends and opportunities
8.4.2 Asia-Pacific Market size and forecast, by Technology
8.4.3 Asia-Pacific Market size and forecast, by Propulsion
8.4.4 Asia-Pacific Market size and forecast, by Takeoff
8.4.5 Asia-Pacific Market size and forecast, by End Use
8.4.6 Asia-Pacific Market size and forecast, by country
8.4.6.1 China
8.4.6.1.1 Market size and forecast, by Technology
8.4.6.1.2 Market size and forecast, by Propulsion
8.4.6.1.3 Market size and forecast, by Takeoff
8.4.6.1.4 Market size and forecast, by End Use
8.4.6.2 India
8.4.6.2.1 Market size and forecast, by Technology
8.4.6.2.2 Market size and forecast, by Propulsion
8.4.6.2.3 Market size and forecast, by Takeoff
8.4.6.2.4 Market size and forecast, by End Use
8.4.6.3 Japan
8.4.6.3.1 Market size and forecast, by Technology
8.4.6.3.2 Market size and forecast, by Propulsion
8.4.6.3.3 Market size and forecast, by Takeoff
8.4.6.3.4 Market size and forecast, by End Use
8.4.6.4 Australia
8.4.6.4.1 Market size and forecast, by Technology
8.4.6.4.2 Market size and forecast, by Propulsion
8.4.6.4.3 Market size and forecast, by Takeoff
8.4.6.4.4 Market size and forecast, by End Use
8.4.6.5 South Korea
8.4.6.5.1 Market size and forecast, by Technology
8.4.6.5.2 Market size and forecast, by Propulsion
8.4.6.5.3 Market size and forecast, by Takeoff
8.4.6.5.4 Market size and forecast, by End Use
8.4.6.6 Rest of Asia-Pacific
8.4.6.6.1 Market size and forecast, by Technology
8.4.6.6.2 Market size and forecast, by Propulsion
8.4.6.6.3 Market size and forecast, by Takeoff
8.4.6.6.4 Market size and forecast, by End Use
8.5 LAMEA
8.5.1 Key trends and opportunities
8.5.2 LAMEA Market size and forecast, by Technology
8.5.3 LAMEA Market size and forecast, by Propulsion
8.5.4 LAMEA Market size and forecast, by Takeoff
8.5.5 LAMEA Market size and forecast, by End Use
8.5.6 LAMEA Market size and forecast, by country
8.5.6.1 Latin America
8.5.6.1.1 Market size and forecast, by Technology
8.5.6.1.2 Market size and forecast, by Propulsion
8.5.6.1.3 Market size and forecast, by Takeoff
8.5.6.1.4 Market size and forecast, by End Use
8.5.6.2 Middle East
8.5.6.2.1 Market size and forecast, by Technology
8.5.6.2.2 Market size and forecast, by Propulsion
8.5.6.2.3 Market size and forecast, by Takeoff
8.5.6.2.4 Market size and forecast, by End Use
8.5.6.3 Africa
8.5.6.3.1 Market size and forecast, by Technology
8.5.6.3.2 Market size and forecast, by Propulsion
8.5.6.3.3 Market size and forecast, by Takeoff
8.5.6.3.4 Market size and forecast, by End Use

CHAPTER 9: COMPANY LANDSCAPE
9.1. Introduction
9.2. Top winning strategies
9.3. Product Mapping of Top 10 Player
9.4. Competitive Dashboard
9.5. Competitive Heatmap
9.6. Key developments

CHAPTER 10: COMPANY PROFILES
10.1 AutoGyro
10.1.1 Company overview
10.1.2 Company snapshot
10.1.3 Operating business segments
10.1.4 Product portfolio
10.1.5 Business performance
10.1.6 Key strategic moves and developments
10.2 Pilatus Airraft Ltd.
10.2.1 Company overview
10.2.2 Company snapshot
10.2.3 Operating business segments
10.2.4 Product portfolio
10.2.5 Business performance
10.2.6 Key strategic moves and developments
10.3 Pipistrel
10.3.1 Company overview
10.3.2 Company snapshot
10.3.3 Operating business segments
10.3.4 Product portfolio
10.3.5 Business performance
10.3.6 Key strategic moves and developments
10.4 Textron Inc.
10.4.1 Company overview
10.4.2 Company snapshot
10.4.3 Operating business segments
10.4.4 Product portfolio
10.4.5 Business performance
10.4.6 Key strategic moves and developments
10.5 VOLOCOPTER GMBH
10.5.1 Company overview
10.5.2 Company snapshot
10.5.3 Operating business segments
10.5.4 Product portfolio
10.5.5 Business performance
10.5.6 Key strategic moves and developments
10.6 Evektor
10.6.1 Company overview
10.6.2 Company snapshot
10.6.3 Operating business segments
10.6.4 Product portfolio
10.6.5 Business performance
10.6.6 Key strategic moves and developments
10.7 P&M Aviation
10.7.1 Company overview
10.7.2 Company snapshot
10.7.3 Operating business segments
10.7.4 Product portfolio
10.7.5 Business performance
10.7.6 Key strategic moves and developments
10.8 Legend Aero
10.8.1 Company overview
10.8.2 Company snapshot
10.8.3 Operating business segments
10.8.4 Product portfolio
10.8.5 Business performance
10.8.6 Key strategic moves and developments
10.9 Vulcanair
10.9.1 Company overview
10.9.2 Company snapshot
10.9.3 Operating business segments
10.9.4 Product portfolio
10.9.5 Business performance
10.9.6 Key strategic moves and developments
10.10 Cirrus Aircraft
10.10.1 Company overview
10.10.2 Company snapshot
10.10.3 Operating business segments
10.10.4 Product portfolio
10.10.5 Business performance
10.10.6 Key strategic moves and developments

List of Tables
Table 1. Global Ultralight Aircraft Market, by Technology, 2021-2031 ($Million)
Table 2. Ultralight Aircraft Market, for Manned, by Region, 2021-2031 ($Million)
Table 3. Ultralight Aircraft Market for Manned, by Country, 2021-2031 ($Million)
Table 4. Ultralight Aircraft Market, for Unmanned, by Region, 2021-2031 ($Million)
Table 5. Ultralight Aircraft Market for Unmanned, by Country, 2021-2031 ($Million)
Table 6. Global Ultralight Aircraft Market, by Propulsion, 2021-2031 ($Million)
Table 7. Ultralight Aircraft Market, for Conventional Propulsion, by Region, 2021-2031 ($Million)
Table 8. Ultralight Aircraft Market for Conventional Propulsion, by Country, 2021-2031 ($Million)
Table 9. Ultralight Aircraft Market, for Electric and Hybrid, by Region, 2021-2031 ($Million)
Table 10. Ultralight Aircraft Market for Electric and Hybrid, by Country, 2021-2031 ($Million)
Table 11. Global Ultralight Aircraft Market, by Takeoff, 2021-2031 ($Million)
Table 12. Ultralight Aircraft Market, for Ctol, by Region, 2021-2031 ($Million)
Table 13. Ultralight Aircraft Market for Ctol, by Country, 2021-2031 ($Million)
Table 14. Ultralight Aircraft Market, for Vtol, by Region, 2021-2031 ($Million)
Table 15. Ultralight Aircraft Market for Vtol, by Country, 2021-2031 ($Million)
Table 16. Global Ultralight Aircraft Market, by End Use, 2021-2031 ($Million)
Table 17. Ultralight Aircraft Market, for Civil and Commercial, by Region, 2021-2031 ($Million)
Table 18. Ultralight Aircraft Market for Civil and Commercial, by Country, 2021-2031 ($Million)
Table 19. Ultralight Aircraft Market, for Military, by Region, 2021-2031 ($Million)
Table 20. Ultralight Aircraft Market for Military, by Country, 2021-2031 ($Million)
Table 21. Ultralight Aircraft Market, by Region, 2021-2031 ($Million)
Table 22. North America Ultralight Aircraft Market, by Technology, 2021-2031 ($Million)
Table 23. North America Ultralight Aircraft Market, by Propulsion, 2021-2031 ($Million)
Table 24. North America Ultralight Aircraft Market, by Takeoff, 2021-2031 ($Million)
Table 25. North America Ultralight Aircraft Market, by End Use, 2021-2031 ($Million)
Table 26. North America Ultralight Aircraft Market, by Country, 2021-2031 ($Million)
Table 27. U.S. Ultralight Aircraft Market, by Technology, 2021-2031 ($Million)
Table 28. U.S. Ultralight Aircraft Market, by Propulsion, 2021-2031 ($Million)
Table 29. U.S. Ultralight Aircraft Market, by Takeoff, 2021-2031 ($Million)
Table 30. U.S. Ultralight Aircraft Market, by End Use, 2021-2031 ($Million)
Table 31. Canada Ultralight Aircraft Market, by Technology, 2021-2031 ($Million)
Table 32. Canada Ultralight Aircraft Market, by Propulsion, 2021-2031 ($Million)
Table 33. Canada Ultralight Aircraft Market, by Takeoff, 2021-2031 ($Million)
Table 34. Canada Ultralight Aircraft Market, by End Use, 2021-2031 ($Million)
Table 35. Mexico Ultralight Aircraft Market, by Technology, 2021-2031 ($Million)
Table 36. Mexico Ultralight Aircraft Market, by Propulsion, 2021-2031 ($Million)
Table 37. Mexico Ultralight Aircraft Market, by Takeoff, 2021-2031 ($Million)
Table 38. Mexico Ultralight Aircraft Market, by End Use, 2021-2031 ($Million)
Table 39. Europe Ultralight Aircraft Market, by Technology, 2021-2031 ($Million)
Table 40. Europe Ultralight Aircraft Market, by Propulsion, 2021-2031 ($Million)
Table 41. Europe Ultralight Aircraft Market, by Takeoff, 2021-2031 ($Million)
Table 42. Europe Ultralight Aircraft Market, by End Use, 2021-2031 ($Million)
Table 43. Europe Ultralight Aircraft Market, by Country, 2021-2031 ($Million)
Table 44. UK Ultralight Aircraft Market, by Technology, 2021-2031 ($Million)
Table 45. UK Ultralight Aircraft Market, by Propulsion, 2021-2031 ($Million)
Table 46. UK Ultralight Aircraft Market, by Takeoff, 2021-2031 ($Million)
Table 47. UK Ultralight Aircraft Market, by End Use, 2021-2031 ($Million)
Table 48. Germany Ultralight Aircraft Market, by Technology, 2021-2031 ($Million)
Table 49. Germany Ultralight Aircraft Market, by Propulsion, 2021-2031 ($Million)
Table 50. Germany Ultralight Aircraft Market, by Takeoff, 2021-2031 ($Million)
Table 51. Germany Ultralight Aircraft Market, by End Use, 2021-2031 ($Million)
Table 52. France Ultralight Aircraft Market, by Technology, 2021-2031 ($Million)
Table 53. France Ultralight Aircraft Market, by Propulsion, 2021-2031 ($Million)
Table 54. France Ultralight Aircraft Market, by Takeoff, 2021-2031 ($Million)
Table 55. France Ultralight Aircraft Market, by End Use, 2021-2031 ($Million)
Table 56. Russia Ultralight Aircraft Market, by Technology, 2021-2031 ($Million)
Table 57. Russia Ultralight Aircraft Market, by Propulsion, 2021-2031 ($Million)
Table 58. Russia Ultralight Aircraft Market, by Takeoff, 2021-2031 ($Million)
Table 59. Russia Ultralight Aircraft Market, by End Use, 2021-2031 ($Million)
Table 60. Italy Ultralight Aircraft Market, by Technology, 2021-2031 ($Million)
Table 61. Italy Ultralight Aircraft Market, by Propulsion, 2021-2031 ($Million)
Table 62. Italy Ultralight Aircraft Market, by Takeoff, 2021-2031 ($Million)
Table 63. Italy Ultralight Aircraft Market, by End Use, 2021-2031 ($Million)
Table 64. Spain Ultralight Aircraft Market, by Technology, 2021-2031 ($Million)
Table 65. Spain Ultralight Aircraft Market, by Propulsion, 2021-2031 ($Million)
Table 66. Spain Ultralight Aircraft Market, by Takeoff, 2021-2031 ($Million)
Table 67. Spain Ultralight Aircraft Market, by End Use, 2021-2031 ($Million)
Table 68. Rest of Europe Ultralight Aircraft Market, by Technology, 2021-2031 ($Million)
Table 69. Rest of Europe Ultralight Aircraft Market, by Propulsion, 2021-2031 ($Million)
Table 70. Rest of Europe Ultralight Aircraft Market, by Takeoff, 2021-2031 ($Million)
Table 71. Rest of Europe Ultralight Aircraft Market, by End Use, 2021-2031 ($Million)
Table 72. Asia-Pacific Ultralight Aircraft Market, by Technology, 2021-2031 ($Million)
Table 73. Asia-Pacific Ultralight Aircraft Market, by Propulsion, 2021-2031 ($Million)
Table 74. Asia-Pacific Ultralight Aircraft Market, by Takeoff, 2021-2031 ($Million)
Table 75. Asia-Pacific Ultralight Aircraft Market, by End Use, 2021-2031 ($Million)
Table 76. Asia-Pacific Ultralight Aircraft Market, by Country, 2021-2031 ($Million)
Table 77. China Ultralight Aircraft Market, by Technology, 2021-2031 ($Million)
Table 78. China Ultralight Aircraft Market, by Propulsion, 2021-2031 ($Million)
Table 79. China Ultralight Aircraft Market, by Takeoff, 2021-2031 ($Million)
Table 80. China Ultralight Aircraft Market, by End Use, 2021-2031 ($Million)
Table 81. India Ultralight Aircraft Market, by Technology, 2021-2031 ($Million)
Table 82. India Ultralight Aircraft Market, by Propulsion, 2021-2031 ($Million)
Table 83. India Ultralight Aircraft Market, by Takeoff, 2021-2031 ($Million)
Table 84. India Ultralight Aircraft Market, by End Use, 2021-2031 ($Million)
Table 85. Japan Ultralight Aircraft Market, by Technology, 2021-2031 ($Million)
Table 86. Japan Ultralight Aircraft Market, by Propulsion, 2021-2031 ($Million)
Table 87. Japan Ultralight Aircraft Market, by Takeoff, 2021-2031 ($Million)
Table 88. Japan Ultralight Aircraft Market, by End Use, 2021-2031 ($Million)
Table 89. Australia Ultralight Aircraft Market, by Technology, 2021-2031 ($Million)
Table 90. Australia Ultralight Aircraft Market, by Propulsion, 2021-2031 ($Million)
Table 91. Australia Ultralight Aircraft Market, by Takeoff, 2021-2031 ($Million)
Table 92. Australia Ultralight Aircraft Market, by End Use, 2021-2031 ($Million)
Table 93. South Korea Ultralight Aircraft Market, by Technology, 2021-2031 ($Million)
Table 94. South Korea Ultralight Aircraft Market, by Propulsion, 2021-2031 ($Million)
Table 95. South Korea Ultralight Aircraft Market, by Takeoff, 2021-2031 ($Million)
Table 96. South Korea Ultralight Aircraft Market, by End Use, 2021-2031 ($Million)
Table 97. Rest of Asia-Pacific Ultralight Aircraft Market, by Technology, 2021-2031 ($Million)
Table 98. Rest of Asia-Pacific Ultralight Aircraft Market, by Propulsion, 2021-2031 ($Million)
Table 99. Rest of Asia-Pacific Ultralight Aircraft Market, by Takeoff, 2021-2031 ($Million)
Table 100. Rest of Asia-Pacific Ultralight Aircraft Market, by End Use, 2021-2031 ($Million)
Table 101. LAMEA Ultralight Aircraft Market, by Technology, 2021-2031 ($Million)
Table 102. LAMEA Ultralight Aircraft Market, by Propulsion, 2021-2031 ($Million)
Table 103. LAMEA Ultralight Aircraft Market, by Takeoff, 2021-2031 ($Million)
Table 104. LAMEA Ultralight Aircraft Market, by End Use, 2021-2031 ($Million)
Table 105. LAMEA Ultralight Aircraft Market, by Country, 2021-2031 ($Million)
Table 106. Latin America Ultralight Aircraft Market, by Technology, 2021-2031 ($Million)
Table 107. Latin America Ultralight Aircraft Market, by Propulsion, 2021-2031 ($Million)
Table 108. Latin America Ultralight Aircraft Market, by Takeoff, 2021-2031 ($Million)
Table 109. Latin America Ultralight Aircraft Market, by End Use, 2021-2031 ($Million)
Table 110. Middle East Ultralight Aircraft Market, by Technology, 2021-2031 ($Million)
Table 111. Middle East Ultralight Aircraft Market, by Propulsion, 2021-2031 ($Million)
Table 112. Middle East Ultralight Aircraft Market, by Takeoff, 2021-2031 ($Million)
Table 113. Middle East Ultralight Aircraft Market, by End Use, 2021-2031 ($Million)
Table 114. Africa Ultralight Aircraft Market, by Technology, 2021-2031 ($Million)
Table 115. Africa Ultralight Aircraft Market, by Propulsion, 2021-2031 ($Million)
Table 116. Africa Ultralight Aircraft Market, by Takeoff, 2021-2031 ($Million)
Table 117. Africa Ultralight Aircraft Market, by End Use, 2021-2031 ($Million)
Table 118. Autogyro: Company Snapshot
Table 119. Autogyro: Operating Segments
Table 120. Autogyro: Product Portfolio
Table 121. Autogyro: Net Sales
Table 122. Autogyro: Key Strategies
Table 123. Pilatus Airraft Ltd.: Company Snapshot
Table 124. Pilatus Airraft Ltd.: Operating Segments
Table 125. Pilatus Airraft Ltd.: Product Portfolio
Table 126. Pilatus Airraft Ltd.: Net Sales
Table 127. Pilatus Airraft Ltd.: Key Strategies
Table 128. Pipistrel: Company Snapshot
Table 129. Pipistrel: Operating Segments
Table 130. Pipistrel: Product Portfolio
Table 131. Pipistrel: Net Sales
Table 132. Pipistrel: Key Strategies
Table 133. Textron Inc.: Company Snapshot
Table 134. Textron Inc.: Operating Segments
Table 135. Textron Inc.: Product Portfolio
Table 136. Textron Inc.: Net Sales
Table 137. Textron Inc.: Key Strategies
Table 138. Volocopter GmbH: Company Snapshot
Table 139. Volocopter GmbH: Operating Segments
Table 140. Volocopter GmbH: Product Portfolio
Table 141. Volocopter GmbH: Net Sales
Table 142. Volocopter GmbH: Key Strategies
Table 143. Evektor: Company Snapshot
Table 144. Evektor: Operating Segments
Table 145. Evektor: Product Portfolio
Table 146. Evektor: Net Sales
Table 147. Evektor: Key Strategies
Table 148. P&M Aviation: Company Snapshot
Table 149. P&M Aviation: Operating Segments
Table 150. P&M Aviation: Product Portfolio
Table 151. P&M Aviation: Net Sales
Table 152. P&M Aviation: Key Strategies
Table 153. Legend Aero: Company Snapshot
Table 154. Legend Aero: Operating Segments
Table 155. Legend Aero: Product Portfolio
Table 156. Legend Aero: Net Sales
Table 157. Legend Aero: Key Strategies
Table 158. Vulcanair: Company Snapshot
Table 159. Vulcanair: Operating Segments
Table 160. Vulcanair: Product Portfolio
Table 161. Vulcanair: Net Sales
Table 162. Vulcanair: Key Strategies
Table 163. Cirrus Aircraft: Company Snapshot
Table 164. Cirrus Aircraft: Operating Segments
Table 165. Cirrus Aircraft: Product Portfolio
Table 166. Cirrus Aircraft: Net Sales
Table 167. Cirrus Aircraft: Key Strategies

List of Figures
Figure 1. Ultralight Aircraft Market Segmentation
Figure 2. Ultralight Aircraft Market, 2021-2031
Figure 3. Ultralight Aircraft Market, 2021-2031
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Ultralight Aircraft Mark.:Drivers, Restraints and Opportunities
Figure 12. Ultralight Aircraft Market, By Technology, 2021(%)
Figure 13. Comparative Share Analysis of Manned Ultralight Aircraft Market, 2021-2031(%)
Figure 14. Comparative Share Analysis of Unmanned Ultralight Aircraft Market, 2021-2031(%)
Figure 15. Ultralight Aircraft Market, By Propulsion, 2021(%)
Figure 16. Comparative Share Analysis of Conventional Propulsion Ultralight Aircraft Market, 2021-2031(%)
Figure 17. Comparative Share Analysis of Electric and Hybrid Ultralight Aircraft Market, 2021-2031(%)
Figure 18. Ultralight Aircraft Market, By Takeoff, 2021(%)
Figure 19. Comparative Share Analysis of Ctol Ultralight Aircraft Market, 2021-2031(%)
Figure 20. Comparative Share Analysis of Vtol Ultralight Aircraft Market, 2021-2031(%)
Figure 21. Ultralight Aircraft Market, By End Use, 2021(%)
Figure 22. Comparative Share Analysis of Civil and Commercial Ultralight Aircraft Market, 2021-2031(%)
Figure 23. Comparative Share Analysis of Military Ultralight Aircraft Market, 2021-2031(%)
Figure 24. Ultralight Aircraft Market by Region, 2021
Figure 25. U.S. Ultralight Aircraft Market, 2021-2031($Million)
Figure 26. Canada Ultralight Aircraft Market, 2021-2031($Million)
Figure 27. Mexico Ultralight Aircraft Market, 2021-2031($Million)
Figure 28. Uk Ultralight Aircraft Market, 2021-2031($Million)
Figure 29. Germany Ultralight Aircraft Market, 2021-2031($Million)
Figure 30. France Ultralight Aircraft Market, 2021-2031($Million)
Figure 31. Russia Ultralight Aircraft Market, 2021-2031($Million)
Figure 32. Italy Ultralight Aircraft Market, 2021-2031($Million)
Figure 33. Spain Ultralight Aircraft Market, 2021-2031($Million)
Figure 34. Rest of Europe Ultralight Aircraft Market, 2021-2031($Million)
Figure 35. China Ultralight Aircraft Market, 2021-2031($Million)
Figure 36. India Ultralight Aircraft Market, 2021-2031($Million)
Figure 37. Japan Ultralight Aircraft Market, 2021-2031($Million)
Figure 38. Australia Ultralight Aircraft Market, 2021-2031($Million)
Figure 39. South Korea Ultralight Aircraft Market, 2021-2031($Million)
Figure 40. Rest of Asia-Pacific Ultralight Aircraft Market, 2021-2031($Million)
Figure 41. Latin America Ultralight Aircraft Market, 2021-2031($Million)
Figure 42. Middle East Ultralight Aircraft Market, 2021-2031($Million)
Figure 43. Africa Ultralight Aircraft Market, 2021-2031($Million)
Figure 44. Top Winning Strategies, by Year
Figure 45. Top Winning Strategies, by Development
Figure 46. Top Winning Strategies, by Company
Figure 47. Product Mapping of Top 10 Players
Figure 48. Competitive Dashboard
Figure 49. Competitive Heatmap of Top 10 Key Players
Figure 50. Autogyr.: Net Sales, ($Million)
Figure 51. Pilatus Airraft Ltd.: Net Sales, ($Million)
Figure 52. Pipistre.: Net Sales, ($Million)
Figure 53. Textron Inc.: Net Sales, ($Million)
Figure 54. Volocopter Gmb.: Net Sales, ($Million)
Figure 55. Evekto.: Net Sales, ($Million)
Figure 56. P&M Aviatio.: Net Sales, ($Million)
Figure 57. Legend Aer.: Net Sales, ($Million)
Figure 58. Vulcanai.: Net Sales, ($Million)
Figure 59. Cirrus Aircraf.: Net Sales, ($Million)

Executive Summary

According to the report, “Ultralight Aircraft Market," the ultralight aircraft market was valued at $5.6 billion in 2021, and is estimated to reach $9.7 billion by 2031, growing at a CAGR of 6% from 2022 to 2031.

Asia-Pacific dominated the ultralight Aircraft market in terms of growth, followed by North America, Europe, and LAMEA. The U.S. dominated the market share in 2020.

The ultralight aircraft market holds a great potential backed by the rise in global expenditure toward sports and recreational activities. Attributes such as simple mode of operation and minimal regulatory limitations toward owning and operating an ultralight aircraft is one of the major market accelerators. Research and development by major companies such as Airbus to develop electric ultralight aircraft such as e-fan is one of the primary driving factors. Rise in global population and demand to commute effectively is one of the growing logistics concerns across the globe.

Application of ultralight aircraft in future commutation is bolstering business opportunities. Advancements in material technology, electronic components, and manufacturing technologies are expected to play a vital role in shaping future prospects of the ultralight aircraft market penetration. Discovery of ultralight alloys is anticipated to eventually improve operational efficiency of ultralight aircraft, providing longer flight range. Mature electronics and battery systems are expected to replace redundant propulsion system, ensuring environmentally friendly operations and additive manufacturing allowing designers to improve aerodynamics and an aircraft.

The ultralight aircraft market is segmented on the basis of technology, propulsion, takeoff, end use, and region. By technology, it is categorized into manned and unmanned. The propulsion segment is further sub divided into conventional propulsion and electric & hybrid propulsion. Depending on takeoff, the market is fragmented into commercial takeoff and landing (CTOL) and vertical takeoff and landing (VTOL). The end use segment is bifurcated into civil and commercial & military. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Factors such as low cost of acquisition and maintenance, and absence of regulatory norms limiting civilians to fly an ultralight aircraft in certain regions. Placement of ultralight aircraft in recreational and sports activities are backed by increasing expenditure trends by civilians across the globe to support business opportunities within the region. Rise in disposable income across the globe and increasing delays in delivery of conventional aircraft is expected to impact ultralight aircraft in a positive manner to a certain extent. Rise in sports, tourism, and recreational activities post COVID-19 is supporting business opportunities within the segment. In Q1 2022, there were an expected 117 million foreign visitors, up from 41 million in Q1 2021, an increase of 182% year over year. About 47 million of the additional 76 million overseas arrivals were counted in March 2022.

Key Findings of the Study

  • By technology, the unmanned segment leads the ultralight aircraft market during the forecast period.
  • By propulsion, the electric and hybrid segment leads the market during the forecast period.
  • By takeoff, the VTOL segment is expected to grow at lucrative growth rate during the forecast period (2022-2031).
  • By end use, the military segment leads the market during the forecast period.
  • Asia-Pacific is anticipated to exhibit the highest CAGR during the forecast period.
  • The key players that operate in the ultralight aircraft market AutoGyro, Pilatus Aircraft Ltd, Pipistrel, Textron Inc, VOLOCOPTER GMBH, Cirrus Aircraft, Vulcanair, Piper Aircraft, Neva Aerospace, and Boeing.

Companies Mentioned

  • AutoGyro
  • Pilatus Airraft Ltd.
  • Pipistrel
  • Textron Inc.
  • VOLOCOPTER GMBH
  • Evektor
  • P&M Aviation
  • Legend Aero
  • Vulcanair
  • Cirrus Aircraft

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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