Global Light Aircraft Market 2018-2022

Below are some of the key findings from this light aircraft market research report

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Global light aircraft industry overview

Light aircraft are gaining immense popularity in several countries across the world as they are extensively being used to provide services such as private tours to selected destinations. Light aircraft are preferred over helicopters as they are more cost-effective and they offer more comfort, safety, and privacy. Therefore, the increasing adoption of private air travel will fuel light aircraft market growth during the forecast period.

The advent of electric vertical take-off and landing (VTOL) will be one of the key light aircraft market trends that will gain immense traction throughout the next five years. With the aviation industry being one of the most carbon-intensive industries, the need to reduce carbon footprint is immense. The adoption of the electric propulsion system in aircraft not only reduces the carbon footprint but also delivers improved efficiency, safety, and scalability.

Top light aircraft companies covered in this market research report

The light aircraft market is fragmented with companies focusing on offering innovative products to meet the growing demand for light aircraft in several regions across the world. By offering a complete analysis of the market’s competitive landscape and information on the products offered by the companies, this light aircraft industry analysis report helps clients identify new growth opportunities and design new growth strategies.

The report offers a complete analysis of various companies including:

• Cirrus Aircraft
• Diamond Aircraft
• Piper Aircraft
• TECNAM
• Textron Aviation

Light aircraft market segmentation based on geographic regions

• Americas
• APAC
• EMEA

With a complete study of the growth opportunities for the companies, the Americas region will account for the highest market share of the light aircraft market throughout the forecast period. However, the APAC region is expected to register the highest incremental growth during the forecast period.

Light aircraft market segmentation based on technology

• Conventional fuel-powered light aircraft
• Renewable power-driven light aircraft

The conventional fuel-powered light aircraft segment will account for the highest light aircraft market share throughout the forecast period. Additionally, the report also provides an accurate prediction of the contribution of all the various technology segments to the growth of the light aircraft market size.

Key highlights of the global light aircraft market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the light aircraft market during the next five years
• Precise estimation of the global light aircraft market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• Growth of the light aircraft industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on the factors that will challenge the growth of light aircraft companies

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