Glider Aircraft Market Forecasts to 2028 – Global Analysis By Type (Hang Glider, Sailplane, Paragliders and Other Types), Propulsion, Application and By Geography
According to Stratistics MRC, the Global Glider Aircraft Market is accounted for $3,515.8 million in 2022 and is expected to reach $6,902.4 million by 2028 growing at a CAGR of 11.8% during the forecast period. A glider is a powered or unpowered heavier-than-air aircraft that is capable of prolonged flight. The dynamic interaction of the air against the lifting surface of the aircraft supports the glider's free flight. The power gliders have tiny motors that they can use to extend their flight when necessary. Additionally, the market for glider aircraft offers hand gliders, which are heavier-than-air, foot-launched aircraft with a pilot strapped into a harness and in charge of guiding the craft by changing body weight.
According to the United States Parachute Association (USPA), in 2018, there were 3.3 million skydiving jumps reported in the US, which leads to the significant demand for gliders in the region.
Market Dynamics:Driver: Growth in adventure tourism
The travel and tourism sector has seen a shift in leisure and lifestyle trends from traditional travel to adventure sports. Growing public knowledge of the advantages of outdoor recreational activities is encouraging more individuals to take part in these sports, which in turn spurs growth. In addition, the market for glider aircraft is growing as a result of factors including changing demographics and lifestyle.
Restraint:Structural complexities due to sweep
The requirement to maintain modest sweep angles continues to limit stability. poor pitch response and dampening. Lift dependent drag carries a heavy penalty, especially with twist. The problems limiting market growth include unequal representation of circumstances, with more data acquired in the troughs, a lack of calibration and validation, crucial for quality assurance, and the need for more datasets for balanced evaluations of environmental conditions.
Opportunity:Increased investment by glider aircraft manufacturers
The market is projected to be driven by advancements in materials and propulsion technologies, as well as increased investment by glider aircraft makers in high-performance aircraft. In addition to war situations, it has also been employed in routine military training exercises and other combat and rescue missions. The military & defence sector is anticipated to boost demand for the market because glider aircraft are used to transport soldiers and large freight.
Threat:High cost
The primary factors impeding the market's growth are the high ownership costs and low level of consumer knowledge of glider sports. The ease of breaking the glider, the need for time for the stated design to complete the task, the use of the measures offered in the design as well as the close connection between the elevator and rudder, and the lack of control authority are the reasons limiting the market. The market is disintegrating as a result of these causes.
Covid-19 Impact
The COVID-19 has had a detrimental effect on economies and enterprises in a number of countries as a result of lockdowns, travel restrictions, and business closures. Global supply chains have been severely impacted by the closure of various facilities and companies, which has had a negative impact on production, delivery schedules, and product sales in the global market. During these Corona virus days, even the commercial sector has been in chaos. Supply chains have been disrupted as a result. The outbreak has severely damaged world systems.
The sailplanes segment is expected to be the largest during the forecast period
The sailplanes segment is estimated to have a lucrative growth, due to its advantages. Gliders with a high hoisting ratio were created when pilots learned how to exploit rising air. These increased their chances of flying great distances by enabling them to glide farther until the next source of lift. The name given to gliders designed for soaring is sailplane. In order to reduce drag, these types have an undercarriage and long, thin wings with a high aspect ratio.
The military segment is expected to have the highest CAGR during the forecast period
The military segment is anticipated to witness the fastest CAGR growth during the forecast period, due to the application of such aircrafts in carrying troops and heavyweight material. Additionally, these are used not only in times of war but also in other combat and rescue operations as well as routine military drills. Additionally, the demand for modernising old military hardware with cutting-edge technology is being fueled by the growing international danger to national security.
Region with Largest share:
Asia Pacific is projected to hold the largest market share during the forecast period owing to the rising adventure tourism and military spending in the region. Due to the great demand for glider aircraft and other related products and services, the area is also home to numerous glider aircraft manufacturers. In addition, increased per-capita wealth and rising urbanisation are opening more opportunities for adventure sports, which will probably hasten the region's adoption of gliders.
Region with highest CAGR:Europe is projected to have the highest CAGR over the forecast period, owing to rising concern for the environment and increased military interventions. As green technology advances, electricity is turning into a more crucial source of energy in the aviation industry due to increased research and innovation in the air transport business to combat air pollution. Furthermore, it is anticipated to be a significant market due to the presence of huge corporations in the area.
Key players in the marketSome of the key players profiled in the Glider Aircraft Market include Schempp-Hirth, Lange Aviation GmbH, Dg Flugzeugbau, Pipistre, Jonker Sailplanes, Allstar Pzl Glider, Alisport Srl, Cub Crafters, Alexander Schleicher, Evektor spol s.r.o., Aeros, Flight Design GmbH and Airborne.
Key Developments:In July 2021, Alexander Schleicher launched the new AS35 Mi. The AS 35 Mi is the next high-performance sailplane from our company, which benefits from the latest aerodynamic discoveries and experiences of the last years.
In September 2020, Airborne launched its new Industrialisation Partner Model to support customers from start to end in the composites industrialisation journey. This service guides the way for companies developing new products in composites or already making composite parts but want to industrialise, from early design concepts.
Types Covered:
• Hang Glider
• Sailplane
• Paragliders
• Other Types
Propulsions Covered:
• Non-Powered
• Powered
• Other Propulsions
Applications Covered:
• Surveillance
• Commercial
• Military
• Other Applications
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements