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Light-Sport Aircraft Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global light-sport aircraft market size reached US$ 1.01 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 1.39 Billion by 2027, exhibiting a growth rate (CAGR) of 5.30% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

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.

 

 
 

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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 2022-2027. Our report has categorized the market based on type and application.

Breakup by Type:

 

 
 

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  • Airplane
  • Seaplane
     

Breakup by Application:

  • Sport and Recreation
  • Flight Training
  • Aircraft Rental
     

Breakup by Region:

 

 
 

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  • 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 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
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)

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Light-Sport Aircraft Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Type
    6.1    Airplane
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Seaplane
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by Application
    7.1    Sport and Recreation
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Flight Training
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Aircraft Rental
        7.3.1 Market Trends
        7.3.2 Market Forecast
8    Market Breakup by Region
    8.1    North America
        8.1.1 United States
           8.1.1.1 Market Trends
           8.1.1.2 Market Forecast
        8.1.2 Canada
           8.1.2.1 Market Trends
           8.1.2.2 Market Forecast
    8.2    Asia-Pacific
        8.2.1 China
           8.2.1.1 Market Trends
           8.2.1.2 Market Forecast
        8.2.2 Japan
           8.2.2.1 Market Trends
           8.2.2.2 Market Forecast
        8.2.3 India
           8.2.3.1 Market Trends
           8.2.3.2 Market Forecast
        8.2.4 South Korea
           8.2.4.1 Market Trends
           8.2.4.2 Market Forecast
        8.2.5 Australia
           8.2.5.1 Market Trends
           8.2.5.2 Market Forecast
        8.2.6 Indonesia
           8.2.6.1 Market Trends
           8.2.6.2 Market Forecast
        8.2.7 Others
           8.2.7.1 Market Trends
           8.2.7.2 Market Forecast
    8.3    Europe
        8.3.1 Germany
           8.3.1.1 Market Trends
           8.3.1.2 Market Forecast
        8.3.2 France
           8.3.2.1 Market Trends
           8.3.2.2 Market Forecast
        8.3.3 United Kingdom
           8.3.3.1 Market Trends
           8.3.3.2 Market Forecast
        8.3.4 Italy
           8.3.4.1 Market Trends
           8.3.4.2 Market Forecast
        8.3.5 Spain
           8.3.5.1 Market Trends
           8.3.5.2 Market Forecast
        8.3.6 Russia
           8.3.6.1 Market Trends
           8.3.6.2 Market Forecast
        8.3.7 Others
           8.3.7.1 Market Trends
           8.3.7.2 Market Forecast
    8.4    Latin America
        8.4.1 Brazil
           8.4.1.1 Market Trends
           8.4.1.2 Market Forecast
        8.4.2 Mexico
           8.4.2.1 Market Trends
           8.4.2.2 Market Forecast
        8.4.3 Others
           8.4.3.1 Market Trends
           8.4.3.2 Market Forecast
    8.5    Middle East and Africa
        8.5.1 Market Trends
        8.5.2 Market Breakup by Country
        8.5.3 Market Forecast
9    SWOT Analysis
    9.1    Overview
    9.2    Strengths
    9.3    Weaknesses
    9.4    Opportunities
    9.5    Threats
10    Value Chain Analysis
11    Porters Five Forces Analysis

    11.1    Overview
    11.2    Bargaining Power of Buyers
    11.3    Bargaining Power of Suppliers
    11.4    Degree of Competition
    11.5    Threat of New Entrants
    11.6    Threat of Substitutes
12    Price Analysis
13    Competitive Landscape

    13.1    Market Structure
    13.2    Key Players
    13.3    Profiles of Key Players
        13.3.1    American Legend Aircraft Co.
           13.3.1.1 Company Overview
           13.3.1.2 Product Portfolio
        13.3.2    Costruzioni Aeronautiche TECNAM S.p.A. 
           13.3.2.1 Company Overview
           13.3.2.2 Product Portfolio
        13.3.3    Cub Crafters Inc.
           13.3.3.1 Company Overview
           13.3.3.2 Product Portfolio
        13.3.4    Czech Aircraft Group s.r.o.
           13.3.4.1 Company Overview
           13.3.4.2 Product Portfolio
        13.3.5    Flight Design general aviation GmbH (LIFT Air GmbH)
           13.3.5.1 Company Overview
           13.3.5.2 Product Portfolio
        13.3.6    ICON Aircraft Inc.
           13.3.6.1 Company Overview
           13.3.6.2 Product Portfolio
        13.3.7    Jabiru Aircraft Pty Ltd.
           13.3.7.1 Company Overview
           13.3.7.2 Product Portfolio
        13.3.8    Pipistrel d.o.o (Textron Inc.)
           13.3.8.1 Company Overview
           13.3.8.2 Product Portfolio
        13.3.9    Van's Aircraft Inc.
           13.3.9.1 Company Overview
           13.3.9.2 Product Portfolio
        13.3.10    Zenith Aircraft Company
           13.3.10.1 Company Overview
           13.3.10.2 Product Portfolio

List of Figures

Figure 1: Global: Light-Sport Aircraft Market: Major Drivers and Challenges
Figure 2: Global: Light-Sport Aircraft Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Light-Sport Aircraft Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Light-Sport Aircraft Market: Breakup by Type (in %), 2021
Figure 5: Global: Light-Sport Aircraft Market: Breakup by Application (in %), 2021
Figure 6: Global: Light-Sport Aircraft Market: Breakup by Region (in %), 2021
Figure 7: Global: Light-Sport Aircraft (Airplane) Market: Sales Value (in Million US$), 2016 & 2021
Figure 8: Global: Light-Sport Aircraft (Airplane) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 9: Global: Light-Sport Aircraft (Seaplane) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Light-Sport Aircraft (Seaplane) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Light-Sport Aircraft (Sport and Recreation) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Light-Sport Aircraft (Sport and Recreation) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Light-Sport Aircraft (Flight Training) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Light-Sport Aircraft (Flight Training) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Light-Sport Aircraft (Aircraft Rental) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Light-Sport Aircraft (Aircraft Rental) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: North America: Light-Sport Aircraft Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: North America: Light-Sport Aircraft Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: United States: Light-Sport Aircraft Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: United States: Light-Sport Aircraft Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Canada: Light-Sport Aircraft Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Canada: Light-Sport Aircraft Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Asia-Pacific: Light-Sport Aircraft Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Asia-Pacific: Light-Sport Aircraft Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: China: Light-Sport Aircraft Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: China: Light-Sport Aircraft Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Japan: Light-Sport Aircraft Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Japan: Light-Sport Aircraft Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: India: Light-Sport Aircraft Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: India: Light-Sport Aircraft Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: South Korea: Light-Sport Aircraft Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: South Korea: Light-Sport Aircraft Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Australia: Light-Sport Aircraft Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Australia: Light-Sport Aircraft Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Indonesia: Light-Sport Aircraft Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Indonesia: Light-Sport Aircraft Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Others: Light-Sport Aircraft Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Others: Light-Sport Aircraft Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Europe: Light-Sport Aircraft Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Europe: Light-Sport Aircraft Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Germany: Light-Sport Aircraft Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Germany: Light-Sport Aircraft Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: France: Light-Sport Aircraft Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: France: Light-Sport Aircraft Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: United Kingdom: Light-Sport Aircraft Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: United Kingdom: Light-Sport Aircraft Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: Italy: Light-Sport Aircraft Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: Italy: Light-Sport Aircraft Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Spain: Light-Sport Aircraft Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Spain: Light-Sport Aircraft Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Russia: Light-Sport Aircraft Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Russia: Light-Sport Aircraft Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Others: Light-Sport Aircraft Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Others: Light-Sport Aircraft Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Latin America: Light-Sport Aircraft Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Latin America: Light-Sport Aircraft Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Brazil: Light-Sport Aircraft Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Brazil: Light-Sport Aircraft Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Mexico: Light-Sport Aircraft Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Mexico: Light-Sport Aircraft Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Others: Light-Sport Aircraft Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Others: Light-Sport Aircraft Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Middle East and Africa: Light-Sport Aircraft Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Middle East and Africa: Light-Sport Aircraft Market: Breakup by Country (in %), 2021
Figure 65: Middle East and Africa: Light-Sport Aircraft Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Global: Light-Sport Aircraft Industry: SWOT Analysis
Figure 67: Global: Light-Sport Aircraft Industry: Value Chain Analysis
Figure 68: Global: Light-Sport Aircraft Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Light-Sport Aircraft Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Light-Sport Aircraft Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Light-Sport Aircraft Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 4: Global: Light-Sport Aircraft Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 5: Global: Light-Sport Aircraft Market: Competitive Structure
Table 6: Global: Light-Sport Aircraft Market: Key Players


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Key Questions Answered in This Report

The global light-sport aircraft market was valued at US$ 1.01 Billion in 2021.

We expect the global light-sport aircraft market to exhibit a CAGR of 5.30% during 2022-2027.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary halt in numerous sports, recreational activities, and flying training, thereby negatively impacting the global market for light-sport aircraft. 

 

The increasing number of pilot training institutions, along with the rising demand for lightweight airplanes for better acceleration, higher structural strength and stiffness, and improved safety performance, is primarily driving the global light-sport aircraft market.

Based on the type, the global light-sport aircraft market can be segmented into airplane and seaplane. Currently, airplane holds the majority of the total market share.

 

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Europe currently dominates the global market.

 

Some of the major players in the global light-sport aircraft market include 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.

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