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$13.9 Bn Ultralight and Light Aircraft Market Aircraft Type, End Use, Flight Operation, Technology, Propulsion, Material and Region - Global Forecast to 2030

Dublin, Feb. 27, 2019 (GLOBE NEWSWIRE) -- 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 5.80% during the forecast period.

Increasing deliveries of Unmanned Aerial Vehicles (UAVs) around the globe and rise in fund raising by technology developers in urban air mobility are the major factors driving the global ultralight and light aircraft market

Ultralight aircraft have a Maximum Take-off Weight (MTOW) ranging from 200 kg to 600 kg while light aircraft have an MTOW ranging from 601 kg to 5,700 kg. The MTOW is defined as the maximum weight at which the aircraft can take-off; it is the maximum take-off limit defined by the manufacturer considering the safety of the aircraft. Light sports aircraft, turboprop aircraft, light business jets, helicopters, gyrocopters, and Unmanned Aerial Vehicles (UAVs) are covered under ultralight aircraft and light aircraft.

In the recent years, air travel has become increasingly affordable to people, especially in emerging economies such as China, India, and Brazil, due to the rise in the disposable income of people, and the availability of low-cost air travel. The demand for ultralight and light aircraft has increased with the rise in air travel. The ultralight and light aircraft market is projected to grow at a CAGR of 5.80% between 2018 and 2030.

The ultralight and light aircraft market is growing at a significant rate that is expected to continue during the forecast period. Some of the major factors driving the market include a low cost of acquisition, maintenance, and operation, and increasing use of UAVs in military operations. However, fluctuations in the pattern of aircraft deliveries hindering the growth of the ultralight and light aircraft market.

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) are some of the leading players profiled in the ultralight and light aircraft market report. This report also provides financial analysis, products, services, and key developments undertaken by these players.

Key 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
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
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
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
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
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
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
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

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/rxhhnq/13_9_bn?w=12

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