Ultralight & Light Aircraft - $13.9 Billion Worldwide Market Forecast to 2030: The Low Cost of Acquisition, Maintenance and Operation is Propelling Growth - ResearchAndMarkets.com

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Feb 15, 2019 11:26 am
DUBLIN -- 

The "Ultralight and Light Aircraft Market Aircraft Type, End Use, Flight Operation, Technology, Propulsion, Material and Region - Global Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.

The ultralight and light aircraft market size is expected to grow from USD 7.1 billion in 2018 to USD 13.9 billion by 2030, at a CAGR of 5.8% during the forecast period.

The market for ultralight and light aircraft is driven by various factors, such as the increasing demand for recreational flights and deliveries of Unmanned Aerial Vehicles (UAVs). The global deliveries of ultralight and light aircraft are increasing, supported by the demand for air taxi and urban air mobility. However, risks associated with passenger safety and restrictions on flying drones commercially are limiting the overall growth of the market.

The light aircraft type segment is estimated to account for the largest share of the ultralight and light aircraft market in 2018

Based on aircraft type, the light aircraft segment is estimated to account for the largest share of the ultralight and light aircraft market in 2018. These aircraft are used for various air taxi services and charter flights, which are projected to drive the growth of light aircraft deliveries worldwide. However, a rise in the demand for ultralight aircraft in urban air transport is driving the growth of ultralight aircraft type market.

The civil & commercial end use segment is estimated to account for the largest share of the ultralight and light aircraft market in 2018

Based on end use, the civil & commercial end use segment is estimated to account for the largest share of the ultralight and light aircraft market in 2018. In recent years, the demand for recreational flights, medical applications, and business transport are witnessing growth in developed as well as emerging countries. This is leading to an increasing number of aircraft deliveries for civil & commercial applications in the ultralight and light aircraft market.

North America is estimated to account for the largest share of the ultralight and light aircraft market in 2018

In recent years, the focus of the US government on enhancing infrastructural facilities and rise in funds raised by technology companies for urban mobility projects, such as passenger drones and E-VTOL are leading to the increasing demand for ultralight and light aircraft in the region.

Topics Covered

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

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

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

6.1 Introduction

6.2 Ecosystem

6.3 Key Influencers

6.4 Current Trends

6.5 Futuristic Trends

7 Ultralight and Light Aircraft, By Aircraft Type

7.1 Introduction

7.2 Ultralight Aircraft

7.3 Light Aircraft

8 Ultralight and Light Aircraft, By End Use

8.1 Introduction

8.2 Civil & Commercial

8.3 Military

9 Ultralight and Light Aircraft Market, By Technology

9.1 Introduction

9.2 Manned

9.3 Unmanned

10 Ultralight and Light Aircraft Market, By Propulsion

10.1 Introduction

10.2 Electric/Hybrid

10.3 Conventional Fuel

11 Ultralight and Light Aircraft Market, By Flight Operation

11.1 Introduction

11.2 CTOL (Conventional Take-Off and Landing)

11.3 VTOL (Vertical Take-Off and Landing)

12 Ultralight and Light Aircraft Market, By Material

12.1 Introduction

12.2 Aluminum

12.3 Composites

12.4 Others

13 Regional Analysis

13.1 Introduction

13.2 North America

13.3 Europe

13.4 Asia Pacific

13.5 Rest of the World

14 Competitive Landscape

14.1 Overview

14.2 Company Ranking Analysis: 2017

14.3 Competitive Scenario

14.4 Start-Ups Competitive Leadership Mapping

15 Company Profiles

15.1 Introduction

15.2 Pipistrel D.O.O Ajdovina

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

For more information about this report visit https://www.researchandmarkets.com/research/w8cp5k/ultralight_and?w=4

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Related Topics: Aircraft

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