Light-Sport Aircraft Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Light-Sport Aircraft Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A6242
Buy Now

Market Overview:

The global light-sport aircraft market size reached US$ 1.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 1.8 Billion by 2028, exhibiting a growth rate (CAGR) of 5.17% during 2023-2028.

A light-sport aircraft (LSA) is a small aircraft with two seats and a maximum take-off weight of 600 kgs. It also has an engine, fixed-pitch or ground adjustable propeller, unpressurized cabin, fixed landing gear, gyroplanes, gliders, powered parachutes, airships, and air balloons. As it is lightweight, non-complex, easy to fly, and less expensive compared to other aircraft, LSA finds extensive applications in sports, recreational activities, and flying training. At present, there is a rise in its utilization in recreational activities due to the expanding travel and tourism industry around the world.

 

 
 

www.imarcgroup.com

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

To get more information about this market, Request Sample

Light-Sport Aircraft Market Trends:

The growing number of pilot training institutions across the globe represents one of the key factors driving the market. Moreover, aviation regulatory bodies of various countries are introducing new requirements and updating existing ones to increase LSA procurements. This, coupled with the escalating demand for lightweight airplanes for better acceleration, higher structural strength and stiffness, and improved safety performance, is propelling the growth of the market. Apart from this, the ease of building aircraft with available kits and information is offering lucrative growth opportunities to the key market players. These players are introducing new generation aircraft to meet the demand for small airplanes worldwide. In line with this, the growing utilization of LSA in agriculture for dusting or spraying large acreages with pesticides is positively influencing the market. Furthermore, the escalating demand for certification courses of hobby flying activities among individuals is bolstering the market growth. Other factors strengthening the growth of the market include rising research and development (R&D) activities and collaboration of various aircraft manufacturers to develop enhanced technologies for urban air mobility solutions.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global light-sport aircraft market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type and application.

Breakup by Type:

 

 
 

www.imarcgroup.com

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

To get more information about this market, Request Sample

  • Airplane
  • Seaplane
     

Breakup by Application:

  • Sport and Recreation
  • Flight Training
  • Aircraft Rental
     

Breakup by Region:

 

 
 

www.imarcgroup.com

To get more information on the regional analysis of this market, Request Sample

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being American Legend Aircraft Co., Costruzioni Aeronautiche TECNAM S.p.A., Cub Crafters Inc., Czech Aircraft Group s.r.o., Flight Design general aviation GmbH (LIFT Air GmbH), ICON Aircraft Inc., Jabiru Aircraft Pty Ltd., Pipistrel d.o.o (Textron Inc.), Van's Aircraft Inc. and Zenith Aircraft Company.

Report Coverage:

Report Features Details
Base Year of the Analysis 2022
Historical Period 2017-2022
Forecast Period 2023-2028
Units US$ Billion
Segment Coverage Type, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered American Legend Aircraft Co., Costruzioni Aeronautiche TECNAM S.p.A., Cub Crafters Inc., Czech Aircraft Group s.r.o., Flight Design general aviation GmbH (LIFT Air GmbH), ICON Aircraft Inc., Jabiru Aircraft Pty Ltd., Pipistrel d.o.o (Textron Inc.), Van's Aircraft Inc. and Zenith Aircraft Company
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Light-Sport Aircraft Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Clients Testimonial

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
KRISHAK BHARTI CO-OP LTD

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
Stax

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