Hang Glider Market Forecasts to 2028 – Global Analysis By Product (Hang Gliders, Hang Gliding Safety Equipment, Hang Gliding Instrument), Type (Powered and Non-Powered), End User and By Geography

Hang Glider Market Forecasts to 2028 – Global Analysis By Product (Hang Gliders, Hang Gliding Safety Equipment, Hang Gliding Instrument), Type (Powered and Non-Powered), End User and By Geography

According to Stratistics MRC, the Global Hang Glider Market is accounted for $1.37 billion in 2022 and is expected to reach $1.89 billion by 2028 growing at a CAGR of 5.5% during the forecast period. Hang gliding is an air sport or recreational activity in which a pilot flies a light, non-motorized foot-launched heavier-than-air aircraft called a hang glider. A foot-launched hang glider is a small, non-motorized aircraft. The majority of contemporary hang gliders have a frame composed of aluminum alloy or composite material that is covered with synthetic sailcloth to create a wing. The pilot controls the aircraft by moving body weight against a control frame while attached to a harness dangling from the airframe.

According to a report, Europeans make 100 million adventure trips every year to other countries. The population aged 15-64 which was 65% of the total population of Europe opts for hang gliding sport.

Market Dynamics

Driver

An upsurge in adventure sports activities

Adventure sports have traditionally been important in leisure pursuits. The desire for extreme adrenaline sports like hang gliding is driven by stress and disease due to a change in lifestyle. A modest amount of physical activity is required for hang gliding, which helps to increase cardiovascular fitness. In addition, rising disposable income among the populace and increased awareness of the value of leisure activities are predicted to promote market expansion.

Restraint

Limited lifting capacity

Most hang gliders are used for leisure flight, where gentle behavior, particularly near the stall and natural pitch stability, are valued. Passengers are typically limited to 175 pounds (80 kg) or less. The journey is impacted by excessive weight since the passenger cannot fly for extended periods of time. A heavier glider sinks more quickly as velocity increases. This obstacle prevents the market from expanding.

Opportunity

Raising demand for non-powered hang gliders

Small weight, portability and simplicity of construction and disassembly are the main reasons many enthusiasts favour non-powered gliders over powered ones. Because the glider's noises won't frighten the wildlife, it offers a calmer ride that will put the sportsperson in closer contact with nature and increase their chances of observing wildlife. They were created specifically so that they could be transformed into motorized hang gliders with simplicity. The market for hang gliders is expanding more quickly because of these factors.

Threat

Safety issues

Even while hang gliding has the potential to be among the most tranquil activities on the planet, there are several potential hazards. There is a one in a thousand probability of dying during a ride. It is therefore riskier than scuba diving. Poor weather, pilot mistake, other gliders or aircraft in the sky, equipment failure, and other issues might result in injury or death, which is severely impeding the market's growth.

Covid-19 Impact

Devastation caused by the Corona virus has spread across the world. In practically every nation, lockdowns and severe social segregation have been put into place. The outbreak has severely damaged world systems. The closure had an adverse effect on the businesses' potential future growth through the interruption of the supply chain. Due of the outbreak, businesses suffered substantial losses since they were unable to make money all year. The construction of hang gliders will be more adaptable after COVID-19.

The non-powered segment is expected to be the largest during the forecast period

The non-powered segment is estimated to have a lucrative growth, due to its easy interchangeability. Compared to motorized hang gliders, non-powered ones are less expensive. They have improved advancements in terms of weight, material, and quality and are quite lightweight. They are generally constructed with people's comfort and convenience in mind, which is what, is causing the global market for hang gliders to expand.

The hang gliding safety equipment segment is expected to have the highest CAGR during the forecast period

The hang gliding safety equipment segment is anticipated to witness the fastest CAGR growth during the forecast period. The glider, a harness, and a helmet are all part of the hang gliding gear. The apparatus is lightweight, stiff, and has a strong frame that can bear the weight of the pilot. While in the air, they offer safe support and comfort. The segment's growth is being fuelled by all of these aspects.

Region with largest share

North America is projected to hold the largest market share during the forecast period. The number of hang gliding aficionados in this area is constantly increasing. The US is one of the most popular hang gliding destinations since so many locations there are conducive to the activity. Every year, there are several events held in the US for hang gliding fans. The demand for hang gliding equipment is increasing in the North American area due to the rising popularity of adventure sports and the abundance of hang gliding organizations and schools.

Region with highest CAGR

Asia Pacific is projected to have the highest CAGR over the forecast period. Sports are becoming better known in this region, and recreational flying is becoming more and more popular in developing nations like China and India. The number of championships held for activities involving flight is rapidly increasing. This area also hosts events like the Asian Championship, in which competitors from 18 nations showed off their abilities in a variety of soaring disciplines, including long-distance flying, high-speed flying, and formation flying. Additionally, the market expansion in the APAC region is being fueled by the rising popularity of extreme sports and adventure travel.

Key players in the market

Some of the key players profiled in the Hang Glider Market include The Helmet Shop, Apco Aviation, Wills Wings Inc., QUASAR, Moyes Delta Gliders, Stilescom, Aeros Company, Charly Produkte, Airborne Windsports Pty Ltd, Kortel Designs, North Wing, La Mouette, Avian Limited, Albatross Flying Systems, Icaro Paragliders and Finsterwalder GmbH.

Key Developments

In July 2019, Wills Wing Company launched the new T3 competitive hang glider. The T3 is indeed a revolution in competitive market with its notable wingtips design element. T3 is remarkable in handle and control authority, the wills wing added that it makes it so much better to heat with, allowing you a slower and more accurate rise.

In August 2016, Avian Limited announced that the company is up for sale. The company is looking for a potential buyer with engineering know-how and a maybe a desire to do something totally different from their current job.

Products Covered
• Hang Gliders
• Hang Gliding Safety Equipment
• Hang Gliding Instrument

Types Covered
• Powered
• Non-Powered

End Users Covered
• Professional User
• Recreational User

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