Light Aircraft is an aircraft that is subjected to maximum gross takeoff weight of around 5,670 kg (12500 lb) or even less. The Light Aircraft find applications in passenger & freight transportation, photography, sightseeing, personal use and various other roles. Light Aircraft has various uses like; Ariel surveying, cargo operations, purpose of marketing (skywriting & banner towing), learning flight flying and many other. The use of Light Aircraft is growing due to factors like; fast rise in tourism sector around the world, rising emergence of 3D printing in aerospace sector, technical advancement in various economies across the globe, etc. Therefore, the Light Aircraft Market is anticipated to expand and has tremendous scope during the forecast period. The global Light Aircraft Market anticipated to flourish in the future by growing at a significantly higher CAGR.
The global Light Aircraft Market is based on segment, by Propulsion Type the market is segmented into Renewable-Powered and Carbon Fuel-Powered. .
Light Aircraft Market, By Propulsion Type
On a global front, the Light Aircraft Market covers North America (United States, Canada and Mexico), Europe (Germany, UK, France, Russia, Italy, Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific), South America (Brazil, Argentina, Columbia, Rest of South America) and Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA). American region is dominating the Light Aircraft Market owing to higher technical development & more innovation budget spending.
Light Aircraft Market, By Region
Rest of Europe
Rest of Asia-Pacific
Rest of South America
Middle East and Africa
Rest of MEA
The leading players in the market are PC-Aero, Cirrus Aircraft, Electravia - Propellers E-Props, JMB Aircraft, Electric Aircraft Corporation, Airbus, e-Go Aeroplanes, Textron Aviation and ICON Aircraft. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and market share of the overall industry.
Electravia - Propellers E-Props
Electric Aircraft Corporation
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?