Press release
Ultralight Aircraft Market 2025 Trends : Predicted to Grow at a CAGR of 6% by 2031, Report
The report offers a detailed analysis of the top winning strategies, evolving market trends, market size and estimations, value chain, key investment pockets, drivers & opportunities, competitive landscape and regional landscape. The report is a useful source of information for new entrants, shareholders, frontrunners and shareholders in introducing necessary strategies for the future and taking essential steps to significantly strengthen and heighten their position in the market.
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The report offers detailed segmentation of the global ultralight aircraft market based on technology propulsion, takeoff, end use, and region. The report provides a comprehensive analysis of every segment and their respective sub-segment with the help of graphical and tabular representation. This analysis can essentially help market players, investors, and new entrants in determining and devising strategies based on fastest growing segments and highest revenue generation that is mentioned in the report.
Based on technology, the manned segment held the dominating market share in 2021, holding nearly four-fifths of the global ultralight aircraft market share, and is expected to maintain its leadership status during the forecast period. The unmanned segment, on the other hand, is expected to cite the fastest CAGR of 6.9% during the forecast period.
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Based on propulsion, the conventional propulsion segment held the largest market share in 2021, holding more than two-thirds of the global ultralight aircraft market share, and is expected to maintain its leadership status during the forecast period. The electric and hybrid segment, on the other hand, is expected to cite the fastest CAGR of 6.5% during the forecast period.
Based on end use, the Civil and Commercial segment held the largest market share in 2021, holding more than three-fifths of the global ultralight aircraft market share, and is expected to maintain its leadership status during the forecast period. In addition, the same segment is expected to cite the fastest CAGR of 6.2% during the forecast period. The report includes other segments such as military segment.
Based on region, the market across Asia-Pacific region held the largest market share in 2021, holding nearly one-third of the global ultralight aircraft market share, and is expected to maintain its leadership status during the forecast period. In addition, the same region is expected to cite the fastest CAGR of 6.6% during the forecast period. The report also analyses other regions such as North America, Europe, and LAMEA.
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The key players analyzed in the global ultralight aircraft market report include AutoGyro
Pilatus Aircraft Ltd.
Pipistrel
Textron Inc.
VOLOCOPTER GMBH
Evektor
P&M Aviation
Legend Aero
Vulcanair
Cirrus Aircraft
Read More- https://www.globenewswire.com/news-release/2022/10/26/2541857/0/en/Ultralight-Aircraft-Market-to-Hit-9-7-Billion-by-2031-Allied-Market-Research.html
Similar Reports We Have on Aerospace & Defense Industry:
Airborne L-Band SATCOM Market https://www.alliedmarketresearch.com/airborne-l-band-satcom-market-A09201
Missile Defense System Market https://www.alliedmarketresearch.com/missile-defense-systems-market-A11299
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