Press release
Piston Aircraft Market 2022 by Manufacturers, Regions, Type and Application, Forecast to 2026.
In accordance to the research report by Credible Markets, the Piston Aircraft Market was valued at US$ 0.865 Billion in 2021, and is expected to garner a significant growth at CAGR of 4.3%. during the estimated timeline of 2022-2027.Piston Aircraft Market - Overview
Piston engine aircraft or reciprocating engine aircraft is an airplane that consists of an internal combustion (IC) engine that utilizes cylinders and pistons in place of turbines to generate power. The engine consists of a single or multiple reciprocating pistons for the conversion of pressure into rotational motion. Piston engine aircraft are small-sized and have a narrow front fuselage. They are commonly available in single-engine and multi-engine variants and are highly reliable, durable and require minimal maintenance and fuel requirements. The aircraft also have less gap between the cylinder and the piston, which creates high compression and heat, thereby enhancing the overall fuel efficiency. As a result, piston engine aircraft are widely used for defense, military and commercial applications.
Key market trends - Growth Determinants and Restraints
The single engine segment currently dominates the market and is expected to continue its domination in terms of market share over the forecast period. This is due to the increase in the procurement of single engine piston aircraft for training purposes, agricultural applications like the aerial application of pesticides or fertilizers and hydro-seeding, and commercial and military applications.
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Segmental Analysis of Piston Aircraft Market
Based on Type
Piston Helicopters
Passenger Aircraft
Cargo Aircraft
Segmental Analysis of Piston Aircraft Market
Based on Applications
Transportation and Logistics
Tourism
Aerial Surveying
Geographically, the market covers- United States,,Canada,,Germany,,UK,,France,,Italy,,Spain,,Russia,,China,,Japan,,South Korea,,Australia,,Thailand,,Brazil,,Argentina,,Chile,,South Africa,,Egypt,,UAE,,Saudi Arabia
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