© 2016 Global Market Insights, Inc. USA. All Rights Reserved Ultralight and Light Aircraft Market Size Growth During Forecast Period

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  The requirement for training of pilots along with the proliferation of flying certification courses by major industries are expected to drive the market share. Rising demand for such aircrafts for recreation and air sports activities are positively influencing the ultralight and light aircraft market growth over the study timeframe. Stringent regulatory policies are positively influencing the market share expansion. For instance, in July 2014, the FAA safety inspectors approved the Quicksilver Aircraft’s Sport 2SE special light sports aircraft for air sport activities.  Improvements in propulsion systems along with the integration of advanced hybrid systems are expected to positively influence the market share expansion. For instance, in January 2019, Bell Helicopters launched its Bell Nexus air taxi that is powered by hybrid electric propulsion systems. Moreover, the incorporation of six tilting ducts enables for efficient and safe air travel. Key Insights from Ultralight and Light Aircraft Market:

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Continued…  Based on aircraft, the ultralight and light aircraft market share is segmented into ultralight and light aircrafts. The light aircrafts will showcase considerable growth on account of its increasing usage in air taxis and chartered services across the globe. The growth in the ultralight aircraft can be attributes to the compact aircraft dimensions along with the ability to maneuver across areas with ease. Industry players are launching new aircrafts to attract customers and boost their market share. For instance, in October 2017, Just Aircraft LLC launched its ultralight aircraft with a 38 hp liquid cooled engine.  Based on flight operation, the ultralight and light aircraft market size can be categorized into vertical take-off and landing (VTOL) and conventional take-off and landing (CTOL). VTOL is expected to showcase a significant growth over the projected timeframe on account of benefits offered including the ability to take-off and land in small airstrips.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Latest Research Ultralight and Light Aircraft market Request for a table of contents this research

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Market research reports: Key analytical components

Major Companies in Ultralight and Light Aircraft Market : Quicksilver Aircraft Flight Design General Aviation Piper Aircraft Costruzioni Aeronautiche TECNAM American Legend Aircraft and Textron

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Asia Pacific is expected to witness significant growth in the ultralight and light aircraft market share over the study timeframe. This growth can be attributed to the increasing adoption of such planes in the tourism industry to attract tourists globally. For instance, tourists in Korea are offered ultralight aircraft tours for USD 150. Moreover, the tour offers visitors with significant view of the country in certain areas during the short duration of the flight. Regional Insights Ultralight and Light Aircraft Market:

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Stay In Touch Website: Social Media: