Ultralight Aircraft Market by Aircraft Type - 2020 | MarketsandMarkets

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MarketsandMarkets Presents
Ultralight Aircraft Market USD 389.26 Million USD
by 2020
Ultralight Aircraft Market by Aircraft Type
(Fixed Wing, Flex Wing, Rotary Wing), by Engine
Type (Fuel Powered, Electric), by Application
(Recreation, Commercial, Defense), by Region -
Global Forecast Analysis to 2015 -
2020
http//www.marketsandmarkets.com/Market-Reports/ul
tralight-aircraft-market-181448279.html
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The report Ultralight Aircraft Market by
Aircraft Type (Fixed Wing, Flex Wing, Rotary
Wing), by Engine Type (Fuel Powered, Electric),
by Application (Recreation, Commercial, Defense),
by Region - Global Forecast Analysis to 2015 -
2020, analyzes and studies major market drivers,
restraints, opportunities, and challenges in
North America, Europe, Asia-Pacific, Latin
America, the Middle East, and Africa. Browse
73 market data tables and 83 figures spread
through 134 pages and in-depth TOC on Ultralight
Aircraft Market - Global Forecast Analysis to
2015 - 2020Early buyers will receive 10
customization on this report.
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This report studies the ultralight aircraft
market from 2015 to 2020. The market is expected
to reach USD 389.26 Million by 2020, at CAGR of
5.23 from 2015 to 2020. Factors such as rise in
sports and recreational spending, versatility in
pilot training, and low cost of acquisition,
maintenance and operation among others are
factors driving the growth of the ultralight
aircraft market. The factors such as economic
slowdown and safety concerns are restricting the
market growth. PDF Brochure_at_ http//www.marketsan
dmarkets.com/pdfdownload.asp?id181448279 The
ultralight aircraft market is classified into
three major segments, namely, aircraft type,
engine type, application, and region.On the basis
of aircraft type, this market is segmented into
fixed wing, flex wing and rotary wing.The engine
type segment is further classified into
fuel-powered and electric. The market on the
basis of application market is segmented into
recreation, commercial, and defense. The fixed
wing segment of the ultralight aircraft market,
in terms of value, is estimated to account for
the largest share of 80.45 in 2015, followed by
the flex wing segment that holds an estimated
share of 16.09 in the same year. In terms of
volume, the flex wing segment leads the
ultralight aircraft market, registering a share
of 56.63 in 2015, followed by the fixed wing
segment with a share of 41.82 in the same
year.
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As of 2015, Europe is estimated to hold the
largest share of the ultralight aircraft market,
followed by North America. The Middle East
ultralight aircraft market is expected to grow at
the highest CAGR of 7.93 between 2015 and
2020. Inquiry Before Buying _at_ http//www.marketsa
ndmarkets.com/Enquiry_Before_Buying.asp?id1814482
79 The ultralight aircraft market is dominated
by key players such as Costruzioni Aeronautiche
Tecnam S.R.L. (Italy), Cub Crafters, Inc. (U.S.),
Flight Design GmbH (Germany), Pipistrel D.O.O.
Ajdovšèina (Slovenia) and Evektor spol s.r.o.
(Czech Republic), American Legend Aircraft Co.
(U.S.), Aeropro s.r.o. (Slovakia), Jabiru
Aircraft Pty. Ltd. (Australia), Quicksilver
Aircraft (U.S.), and PM Aviation (U.K.). The
report also draws the competitive landscape of
the ultralight aircraft market, providing an
in-depth comparative analysis of the
technological and marketing strategies adopted by
key players thriving in this market. The key
strategies adopted by major companies in the
ultralight aircraft market are new product
launches, providing customized solutions, and
mergers acquisitions.

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