Market Overview:
The global piston engine aircraft market reached a value of US$ 0.865 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 1.12 Billion by 2027, exhibiting at a CAGR of 4.3% 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.
Piston engine aircraft or reciprocating engine aircraft is an airplane that consists of an internal combustion (IC) engine that utilizes cylinders and pistons in place of turbines to generate power. The engine consists of a single or multiple reciprocating pistons for the conversion of pressure into rotational motion. Piston engine aircraft are small-sized and have a narrow front fuselage. They are commonly available in single-engine and multi-engine variants and are highly reliable, durable and require minimal maintenance and fuel requirements. The aircraft also have less gap between the cylinder and the piston, which creates high compression and heat, thereby enhancing the overall fuel efficiency. As a result, piston engine aircraft are widely used for defense, military and commercial applications.
Piston Engine Aircraft Market Trends:
Significant growth in the aviation industry across the globe is one of the key factors creating a positive outlook for the market. With the increasing air traffic, there is a rising demand for aircraft with high fuel efficiency, compression ratio and durability. Additionally, the rising demand for single-engine piston aircraft for hydro-seeding, trading, training and aerial application of pesticides or fertilizers is favouring the market growth. Moreover, various technological advancements, such as the utilization of self-organizing maps and monitoring systems in the aircraft to detect parameter deviations and visualize the trends in data obtained from the engines, are providing a thrust to the market growth. In line with this, the launch of aircraft engines with increased efficiency and time between overhaul is positively impacting the market growth. Other factors, including the increasing expenditure capacities of the consumers, along with the implementation of various government initiatives to promote the construction of small airfields, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global piston engine aircraft market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, maximum take-off weight and application.
Breakup by Type:
- Single Engine
- Multi-Engine
Breakup by Maximum Take-off Weight:
- Less than 1000 Kg
- 1000-2000 Kg
- More than 2000 Kg
Breakup by Application:
- Military and Defense
- Commercial
Breakup by Region:
- North America
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- 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 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.
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, Maximum Take-off Weight, 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 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. |
| 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 Piston Engine 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 Single Engine
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Multi-Engine
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Maximum Take-off Weight
7.1 Less than 1000 Kg
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 1000-2000 Kg
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 More than 2000 Kg
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Application
8.1 Military and Defense
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Commercial
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 American Champion Aircraft Corporation
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Cirrus Aircraft (The Aviation Industry Corporation of China)
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 Costruzioni Aeronautiche TECNAM S.p.A.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 CubCrafters Inc.
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 Diamond Aircraft Industries (Wanfeng Aviation Industry Co. Ltd.)
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 Discovery Aviation Inc.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 Garmin Ltd.
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.7.4 SWOT Analysis
14.3.8 ICON Aircraft Inc.
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Piper Aircraft Inc.
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 Textron Inc.
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.10.4 SWOT Analysis
List of Figures
Figure 1: Global: Piston Engine Aircraft Market: Major Drivers and Challenges
Figure 2: Global: Piston Engine Aircraft Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Piston Engine Aircraft Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Piston Engine Aircraft Market: Breakup by Type (in %), 2021
Figure 5: Global: Piston Engine Aircraft Market: Breakup by Maximum Take-off Weight (in %), 2021
Figure 6: Global: Piston Engine Aircraft Market: Breakup by Application (in %), 2021
Figure 7: Global: Piston Engine Aircraft Market: Breakup by Region (in %), 2021
Figure 8: Global: Piston Engine Aircraft (Single Engine) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Piston Engine Aircraft (Single Engine) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Piston Engine Aircraft (Multi-Engine) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Piston Engine Aircraft (Multi-Engine) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Piston Engine Aircraft (Less than 1000 Kg) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Piston Engine Aircraft (Less than 1000 Kg) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Piston Engine Aircraft (1000-2000 Kg) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Piston Engine Aircraft (1000-2000 Kg) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Piston Engine Aircraft (More than 2000 Kg) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Piston Engine Aircraft (More than 2000 Kg) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Piston Engine Aircraft (Military and Defense) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Piston Engine Aircraft (Military and Defense) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Piston Engine Aircraft (Commercial) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Piston Engine Aircraft (Commercial) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: North America: Piston Engine Aircraft Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: North America: Piston Engine Aircraft Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: United States: Piston Engine Aircraft Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: United States: Piston Engine Aircraft Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Canada: Piston Engine Aircraft Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Canada: Piston Engine Aircraft Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Asia-Pacific: Piston Engine Aircraft Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Asia-Pacific: Piston Engine Aircraft Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: China: Piston Engine Aircraft Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: China: Piston Engine Aircraft Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Japan: Piston Engine Aircraft Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Japan: Piston Engine Aircraft Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: India: Piston Engine Aircraft Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: India: Piston Engine Aircraft Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: South Korea: Piston Engine Aircraft Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: South Korea: Piston Engine Aircraft Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Australia: Piston Engine Aircraft Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Australia: Piston Engine Aircraft Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Indonesia: Piston Engine Aircraft Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Indonesia: Piston Engine Aircraft Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: Others: Piston Engine Aircraft Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: Others: Piston Engine Aircraft Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Europe: Piston Engine Aircraft Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Europe: Piston Engine Aircraft Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Germany: Piston Engine Aircraft Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Germany: Piston Engine Aircraft Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: France: Piston Engine Aircraft Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: France: Piston Engine Aircraft Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: United Kingdom: Piston Engine Aircraft Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: United Kingdom: Piston Engine Aircraft Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Italy: Piston Engine Aircraft Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Italy: Piston Engine Aircraft Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Spain: Piston Engine Aircraft Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Spain: Piston Engine Aircraft Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Russia: Piston Engine Aircraft Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Russia: Piston Engine Aircraft Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Others: Piston Engine Aircraft Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Others: Piston Engine Aircraft Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Latin America: Piston Engine Aircraft Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Latin America: Piston Engine Aircraft Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Brazil: Piston Engine Aircraft Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Brazil: Piston Engine Aircraft Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Mexico: Piston Engine Aircraft Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Mexico: Piston Engine Aircraft Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Others: Piston Engine Aircraft Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Others: Piston Engine Aircraft Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Middle East and Africa: Piston Engine Aircraft Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Middle East and Africa: Piston Engine Aircraft Market: Breakup by Country (in %), 2021
Figure 70: Middle East and Africa: Piston Engine Aircraft Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Global: Piston Engine Aircraft Industry: SWOT Analysis
Figure 72: Global: Piston Engine Aircraft Industry: Value Chain Analysis
Figure 73: Global: Piston Engine Aircraft Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Piston Engine Aircraft Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Piston Engine Aircraft Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 3: Global: Piston Engine Aircraft Market Forecast: Breakup by Maximum Take-off Weight (in Million US$), 2022-2027
Table 4: Global: Piston Engine Aircraft Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Piston Engine Aircraft Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Piston Engine Aircraft Market: Competitive Structure
Table 7: Global: Piston Engine Aircraft Market: Key Players