Global Piston Engine Aircraft Market to Reach US$ 1,170 Million by 2028, Impelled by Increasing Demand for Fuel-Efficient Aircraft

March 21, 2022

According to the latest report by IMARC Group, titled "Piston Engine Aircraft Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," the global piston engine aircraft market reached a value of US$ 907 Million in 2022. Piston engine aircraft is generally equipped with one or more piston-powered engines for converting high pressure and temperature into rotational motion. The key components of a piston engine include cylinders, crankcase, pistons, valve-operating equipment, connecting rods and crankshafts that aid in generating power that provides thrust to the aircraft. Its design is similar to the interior of a small car and is widely used for carrying one to six passengers for short missions. It runs on aviation gasoline that offers higher power output, compression ratio and efficiency at higher altitudes. There has been a considerable rise in the adoption of piston engine aircraft due to the growing passenger traffic across developing countries.

Global Piston Engine Aircraft Market Trends:

The global market is primarily driven by significant growth in the aviation industry. Along with this, leading players in the market are heavily investing in the deployment of advanced features, such as side yokes, a cirrus airframe parachute system (CAPS) and composite airframe for enhancing the safety of pilots, which are gaining widespread prominence across the globe. Moreover, the rising product demand for training purposes across the defense sector is also acting as one of the key factors driving the growth of the market. In line with this, the escalating preference for fuel-efficient aircraft with high compression ratios and the widespread adoption of piston engine aircraft in agricultural applications, including aerial application of fertilizers or pesticides, are providing a boost to the market growth. Other factors, including continuous innovations in piston aircraft, increasing investments for upgrading the defense infrastructure and extensive research and development (R&D) activities conducted by key players, are further contributing to the market growth. On account of the aforementioned factors, the market is anticipated to reach a value of US$ 1,170 Million by 2028, growing at a CAGR of 4.2% during 2023-2028.

Market Summary:

  • On the basis of the type, the market has been bifurcated into single engine and multi-engine.
  • Based on the maximum take-off weight, the market has been segregated into less than 1000 kg, 1000-2000 kg and more than 2000 kg.
  • On the basis of the application, the market has been classified into military and defense, and commercial.
  • Based on the region, the market has been divided into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others), Latin America (Brazil, Mexico and others) and the Middle East and Africa.
  • The competitive landscape of the market has been studied in the report with the detailed profiles of the key players. Some of these players include American Champion Aircraft Corporation, Cirrus Aircraft (The Aviation Industry Corporation of China), Costruzioni Aeronautiche TECNAM S.p.A., CubCrafters Inc., Diamond Aircraft Industries (Wanfeng Aviation Industry Co. Ltd.), Discovery Aviation Inc., Garmin Ltd., ICON Aircraft Inc., Piper Aircraft Inc. and Textron Inc.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Tel No:(D) +91 120 433 0800
Americas: - +1 631 791 1145 | Africa and Europe: - +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

Global Piston Engine Aircraft Market to Reach US$ 1,170 Million by 2028, Impelled by Increasing Demand for Fuel-Efficient Aircraft
Select Licence Type

Benefits of Customization

Personalize This Research

Triangulate with your Data

Get Data as per your Format and Definition

Gain a Deeper Dive into a Specific Application, Geography, Customer or Competitor

Any level of Personalization

Get in Touch With Us

Phone: +1-631-791-1145


Phone: +91-120-433-0800


Phone: +44-753-713-2163


Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Bayer AH

It was indeed a great experience to work with IMARC on the assignment on Aqua market. The team had done a fantastic job in terms of what was expected, what was assured and what was the result… the report gave us many insights and market know how which allowed us to work on our strength and define exact strategies…

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More