Ultralight and Light Aircraft Market to Reflect Impressive Growth Rate of 7.2% by 2026 | Global Key Players - Vulcan Air, Costruzioni Aeronautiche Tecnam S.R.L., Piper Aircraft, American Legend Aircraft Co., Cirrus Aircraft, Pilatus Aircraft

the Global Ultralight and Light Aircraft market is accounted for $6.71 billion in 2017 and is expected to reach $12.56 billion by 2026 growing at a CAGR of 7.2% during the forecast period. Expanding Use of UAVS in Military Operations and Low Cost of Acquisition, Maintenance, and Operation are impacting the market growth. However, irregular rising and falling in the Pattern of Aircraft Deliveries are restricting the market growth.

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By End User, Civil & Commercial accounted for the significant market share in the global market due to increment sought after for urban air mobility and increment in the assets raised by innovation engineers for common and business applications.

By geography, Asia Pacific acquired the largest market share in the global market due to supported by new infrastructure devolvement for urban air mobility, thereby providing various opportunities for ultralight and light aircraft manufacturers in the region.

Some of the key players in the global Ultralight and Light Aircraft market include Vulcan Air, Costruzioni Aeronautiche Tecnam S.R.L., Piper Aircraft, American Legend Aircraft Co., Cirrus Aircraft, Pilatus Aircraft, Evektor-Aerotechnik, Autogyro GmbH, Pipistrel D.O.O Ajdovu0161u00e8ina, Aeropro, P&M Aviation, Textron Inc., Quicksilver Aircraft and Flight Design General Aviation GmbH.

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Market Segments:
Materials Types:
• Composites
• Aluminum
• Other Materials

Flight Operations Covered:
• VTOL (Vertical Take-Off and Landing)
• CTOL (Conventional Take-Off and Landing)

Propulsions Covered:
• Conventional Fuel
• Electric/Hybrid

Aircraft Types Covered:
• Light Aircraft
• Ultralight Aircraft

Technologies Covered:
• Unmanned
• Manned

End Users Covered:
• Military
• Civil & Commercial

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