PUBLISHER: The Business Research Company | PRODUCT CODE: 1662388
PUBLISHER: The Business Research Company | PRODUCT CODE: 1662388
Ultralight and light aircraft refer to microlight or lightweight planes characterized by fixed wings and accommodating one to two individuals, with speed and weight parameters tailored to meet diverse regional specifications. These aircraft are primarily utilized for recreational purposes and short-distance flights.
The primary categories within ultralight and light aircraft encompass ultralight aircraft and light aircraft. Ultralight aircraft are designed for sports and recreational activities, typically featuring a single-seat configuration with a power-off stall speed not exceeding 24 knots. Flying an ultralight generally doesn't necessitate a pilot's license or aviation medical certification. Technologies employed in these aircraft include CTOL (Conventional Takeoff and Landing) and VTOL (Vertical Takeoff and Landing), which can be powered by electric/hybrid or conventional propulsion systems. Ultralight and light aircraft find applicability across civil, commercial, and military sectors.
The ultralight and light aircraft market research report is one of a series of new reports from The Business Research Company that provides ultralight and light aircraft market statistics, including ultralight and light aircraft industry global market size, regional shares, competitors with an ultralight and light aircraft market share, detailed ultralight and light aircraft market segments, market trends and opportunities, and any further data you may need to thrive in the ultralight and light aircraft industry. This ultralight and light aircraft market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The ultralight and light aircraft market size has grown strongly in recent years. It will grow from $7.34 billion in 2024 to $7.86 billion in 2025 at a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period can be attributed to innovation in avionics, growing tourism sector, cost-effectiveness, training and flight schools, advancements in aircraft materials, recreational aviation enthusiasm.
The ultralight and light aircraft market size is expected to see strong growth in the next few years. It will grow to $10.34 billion in 2029 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to advanced safety features, increasing urban air mobility (UAM), growth in adventure tourism, focus on lightweight materials and construction, increased focus on safety features. Major trends in the forecast period include advancements in electric and hybrid propulsion, integration of advanced avionics and connectivity, regulatory developments and certification standards, use of unmanned aerial vehicles (UAVs) for surveillance and monitoring, market consolidation and strategic partnerships.
The increasing use of UAVs in military operations has significantly fueled the growth of the ultralight and light aircraft market. Recently, the global UAV sector has experienced groundbreaking advancements for both military and civilian applications, positioning it as a key component in the future of warfare. Ultralight and light aircraft facilitate military operations effectively due to their weight and capability advantages. For example, in August 2024, data from the Center for Strategic and International Studies (CSIS), a US-based nonprofit policy research organization, revealed that the U.S. Department of Defense (DoD) has earmarked $21.1 million in its Fiscal Year 2025 budget for the acquisition of 540 small quadcopter drones for short-range reconnaissance, with an estimated cost of around $65,000 per system. Thus, the growing use of UAVs in military operations is expected to contribute to the expansion of the ultralight and light aircraft market.
A rise in air tourism is anticipated to drive the growth of the ultralight and light aircraft market in the future. Air tourism refers to the commercial activity of transporting passengers by air for leisure, recreation, or tourism purposes. It involves using various aircraft, such as commercial airliners, private jets, or smaller aircraft, to facilitate travel for individuals or groups looking to explore different destinations or engage in recreational activities. Ultralight and light aircraft play a crucial role in enhancing the air tourism experience by providing a unique and accessible means for travelers to view destinations from the air. Known for their agility and versatility, these aircraft enable scenic flights, sightseeing tours, and adventure tourism activities. Whether soaring over beautiful landscapes or offering thrilling experiences like skydiving or aerial photography, ultralight and light aircraft contribute to the diversification of air tourism offerings. For instance, in May 2023, the International Air Transport Association, a trade association of the world's airlines based in Cuba, published an article stating that total air traffic in March 2023 increased by 52.4% compared to March 2022. Therefore, the growth in air tourism is propelling the ultralight and light aircraft market.
A noteworthy trend shaping the ultralight and light aircraft market is the technological advancement in lightweight design. Key industry players are directing their efforts toward the development and manufacturing of light sport aircraft, leveraging composite materials and vacuum structures to ensure a balance between lightweight construction and structural strength. A case in point is CubCrafters, a US-based aircraft company, which introduced the Carbon Cub UL in March 2023. This ultralight aircraft utilizes multi-fuel and avionics technology, meeting ASTM standards. Notably, it has the capacity to carry two adults with a full fuel load and baggage at a maximum takeoff weight of 1,320 pounds. The adoption of such advanced technologies is gaining traction and reinforcing the competitive position of market players in the ultralight and light aircraft segment.
Major players in the ultralight and light aircraft market frequently engage in strategic collaborations and partnerships to enhance their market positions. A business strategic partnership denotes a formal affiliation between two or more commercial entities, typically established through contractual agreements. An illustrative example is the partnership formed in May 2023 between Jekta, a Switzerland-based aircraft and sustainable transport solutions company, and Honeywell, a US-based multinational conglomerate corporation. This collaboration is centered around integrating Honeywell's key systems, including powertrain, avionics, and flight control systems, into Jekta's upcoming all-electric seaplane.
In April 2022, Textron Inc., a US-based multi-industry company that utilizes its global network of aircraft for defense purposes, acquired PIPISTREL d.o.o. for USD 221 million in cash. This acquisition aims to enhance Textron's capabilities by providing sustainable aircraft for urban air mobility, general aviation, cargo, and various special mission roles. Pipistrel is a Slovenia-based manufacturer and is recognized as the world's first and currently only electric aircraft and light aircraft producer.
Major companies operating in the ultralight and light aircraft market are Textron Inc., Pilatus Aircraft Limited, Piper Aircraft Inc., TECNAM Costruzioni Aeronautiche S.p.A., The Cirrus Design Corporation, Aeropro Ltd., American Legend Aircraft Company, Autogyro GmbH, Evektor spol. s r.o., Flight Design General Aviation GmbH, Jabiru Aircraft Pty Limited, P&M Aviation SV, Cub Crafters Inc., Pipistrel d.o.o Ajdovscina, Quicksilver Aircraft, Vulcan Air S.p.A., Air Creation, Lockwood Aviation Group, Airtime Aircraft Inc., Alpi Aviation Srl, ATEC v.o.s., B&F Technik Vertriebs GmbH, BRM Aero s.r.o., Rainbow SkyReach Ltd., Czech Sport Aircraft a.s., Flightstar Sportplanes, Fly Synthesis Srl, ICP srl, Just Aircraft LLC, Kitfox Aircraft LLC
North America was the largest region in the ultralight and light aircraft market in 2024. Europe was the second-largest region in the ultralight and light aircraft market. The regions covered in the ultralight and light aircraft market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the ultralight and light aircraft market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The ultralight and light aircraft market consists of sales of ultralight and light aircraft that are made of aluminum, composites, and titanium materials. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Ultralight And Light Aircraft Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on ultralight and light aircraft market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for ultralight and light aircraft ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The ultralight and light aircraft market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.