Global Light Aircraft Market Growth 2023-2029

Global Light Aircraft Market Growth 2023-2029

A light aircraft is an aircraft that has a maximum gross takeoff weight of 12,500 lb (5,670 kg) or less. Many light aircraft are used commercially for passenger and freight transport, sightseeing, photography, and other similar roles as well as personal use.

LPI (LP Information)' newest research report, the “Light Aircraft Industry Forecast” looks at past sales and reviews total world Light Aircraft sales in 2022, providing a comprehensive analysis by region and market sector of projected Light Aircraft sales for 2023 through 2029. With Light Aircraft sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Light Aircraft industry.

This Insight Report provides a comprehensive analysis of the global Light Aircraft landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Light Aircraft portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Light Aircraft market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Light Aircraft and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Light Aircraft.

The global Light Aircraft market size is projected to grow from US$ 5659.8 million in 2022 to US$ 7843.6 million in 2029; it is expected to grow at a CAGR of 7843.6 from 2023 to 2029.

The many uses of light aircraft include aerial surveying, such as monitoring pipelines. They are also used for light cargo operations, such as "feeding" cargo hubs, as well as some passenger operations. Light aircraft are also used for marketing purposes, such as banner towing and skywriting. Primary flight instruction is also conducted in light aircraft. The majority of personal aircraft are light aircraft, the most popular in history being the Cessna 172, and most popular in modern history being the Cirrus SR22 and Robinson R44. Larger light aircraft, such as twin turboprops and very light jetsare often used as business aircraft.

This report presents a comprehensive overview, market shares, and growth opportunities of Light Aircraft market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Conventional Fuel-powered Light Aircraft
Renewable Power-driven Light Aircraft

Segmentation by application
Civil
Commercial
Military

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Cirrus Aircraft
Electric Aircraft Corporation
e-Go Aeroplanes
ICON Aircraft
JMB Aircraft
Textron Aviation
Airbus
Electravia
PC-Aero

Key Questions Addressed in this Report

What is the 10-year outlook for the global Light Aircraft market?

What factors are driving Light Aircraft market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Light Aircraft market opportunities vary by end market size?

How does Light Aircraft break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.