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Market Research Report
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1045573

Global Light Sport Aircraft Market by Type (Airplane, and Seaplane), Regional Forecasts 2021-2027

Published: | Bizwit Research & Consulting LLP | Delivery time: 2-3 business days

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Global Light Sport Aircraft Market by Type (Airplane, and Seaplane), Regional Forecasts 2021-2027
Published: January 5, 2022
Bizwit Research & Consulting LLP
Delivery time: 2-3 business days
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  • Table of Contents
Description

Global Light Sport Aircraft Market is valued approximately at USD 0.95 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 5.4% over the forecast period 2021-2027. The use of LSA for sports and recreational activities has increased as the travel and tourist industry has grown, as has the number of people participating in these activities. With the growing requirement for training pilots across the world, LSA training is becoming more important. Furthermore, market growth is driven by the key factors such as Rise in LSA for sporting and recreational activities and Growing adoption of LSA aircraft and aviation regulatory bodies. For instance, EASA (European Aviation Safety Agency) started authorizing 600 kilograms ultralights aircrafts, which are the European counterpart of the US LSA, in 2020. Furthermore, rise in R and D activities by private players to innovate new technologies boost the market growth. Such as in February 2020 and November 2020, Tecnam achieved certification under the new German 600kg standards for its P2002 Sierra MkII and P92 Echo MkII light aircraft, respectively. Other European nations recognized the German Type approval as well. Furthermore, Several manufacturers are introducing newer generation aircraft into the market to meet the rising demand for small aeroplanes. For example, Terrafugia announced at the start of 2021 that the FAA had given a special airworthiness certificate for certification of its Transition roadable aeroplane in the light-sport category (S-LSA), allowing the vehicle to fly. Terrafugia intends to construct and sell first flight-only versions of the aircraft, as well as continue to improve the design in order to commercialise the plane by 2022. However, Slowdown travel and tourism, may impede market growth over the forecast period of 2021-2027.

Europe is dominating the market share revenue and expected to continue during the forecast years. Factors supporting towards are several tourist spots and favorable geographies for the activities involving the Light-Sport Aircraft. Furthermore, growing adoption of light sports aircrafts and introducing new regulations aimed at supporting the growth of the industry and encourage new LSA procurements and operations.

Major market player included in this report are:

Flight Design General Aviation GmbH

Cub Crafters Inc.

American Legend Aircraft Company

Stemme Production GmbH

Jabiru Aircraft Pty Ltd

Czech Aircraft Group SRO

Van's Aircraft Inc.

TL-ULTRALIGHT s.r.o.

Paradise Aero Industry

Zenith Aircraft Company

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

Airplane

Seaplane

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019

Base year - 2020

Forecast period - 2021 to 2027.

Target Audience of the Global Light Sport Aircraft Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Table of Contents

Table of Contents

Chapter 1. Executive Summary

  • 1.1. Market Snapshot
  • 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
    • 1.2.1. Light Sport Aircraft Market, by Region, 2019-2027 (USD Billion)
    • 1.2.2. Light Sport Aircraft Market, by Type, 2019-2027 (USD Billion)
  • 1.3. Key Trends
  • 1.4. Estimation Methodology
  • 1.5. Research Assumption

Chapter 2. Global Light Sport Aircraft Market Definition and Scope

  • 2.1. Objective of the Study
  • 2.2. Market Definition & Scope
    • 2.2.1. Scope of the Study
    • 2.2.2. Industry Evolution
  • 2.3. Years Considered for the Study
  • 2.4. Currency Conversion Rates

Chapter 3. Global Light Sport Aircraft Market Dynamics

  • 3.1. Light Sport Aircraft Market Impact Analysis (2019-2027)
    • 3.1.1. Market Drivers
      • 3.1.1.1. Rise in LSA for sporting and recreational activities
      • 3.1.1.2. Growing adoption of LSA aircraft and aviation regulatory bodies
    • 3.1.2. Market Restraint
      • 3.1.2.1. Slowdown travel and tourism
    • 3.1.3. Market Opportunities
      • 3.1.3.1. Rise in Product launches

Chapter 4. Global Light Sport Aircraft Market Industry Analysis

  • 4.1. Porter's 5 Force Model
    • 4.1.1. Bargaining Power of Suppliers
    • 4.1.2. Bargaining Power of Buyers
    • 4.1.3. Threat of New Entrants
    • 4.1.4. Threat of Substitutes
    • 4.1.5. Competitive Rivalry
    • 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2027)
  • 4.2. PEST Analysis
    • 4.2.1. Political
    • 4.2.2. Economical
    • 4.2.3. Social
    • 4.2.4. Technological
  • 4.3. Investment Adoption Model
  • 4.4. Analyst Recommendation & Conclusion

Chapter 5. Risk Assessment: COVID -19 Impact

  • 5.1. Assessment of the overall impact of COVID-19 on the Industry
  • 5.2. Pre COVID 19and Post COVID 19 market scenario

Chapter 5. Global Light Sport Aircraft Market, by Type

  • 5.1. Market Snapshot
  • 5.2. Global Light Sport Aircraft Market by Type , Performance - Potential Analysis
  • 5.3. Global Light Sport Aircraft Market Estimates & Forecasts by Type 2018-2027 (USD Billion)
  • 5.4. Light Sport Aircraft Market , Sub Segment Analysis
    • 5.4.1. Airplane
    • 5.4.2. Seaplane

Chapter 6. Global Light Sport Aircraft Market, Regional Analysis

  • 6.1. Light Sport Aircraft Market , Regional Market Snapshot
  • 6.2. North America Light Sport Aircraft Market
    • 6.2.1. U.S. Light Sport Aircraft Market
      • 6.2.1.1. Type breakdown estimates & forecasts, 2018-2027
    • 6.2.2. Canada Light Sport Aircraft Market
  • 6.3. Europe Light Sport Aircraft Market Snapshot
    • 6.3.1. U.K. Light Sport Aircraft Market
    • 6.3.2. Germany Light Sport Aircraft Market
    • 6.3.3. France Light Sport Aircraft Market
    • 6.3.4. Spain Light Sport Aircraft Market
    • 6.3.5. Italy Light Sport Aircraft Market
    • 6.3.6. Rest of Europe Light Sport Aircraft Market
  • 6.4. Asia-Pacific Light Sport Aircraft Market Snapshot
    • 6.4.1. China Light Sport Aircraft Market
    • 6.4.2. India Light Sport Aircraft Market
    • 6.4.3. Japan Light Sport Aircraft Market
    • 6.4.4. Australia Light Sport Aircraft Market
    • 6.4.5. South Korea Light Sport Aircraft Market
    • 6.4.6. Rest of Asia Pacific Light Sport Aircraft Market
  • 6.5. Latin America Light Sport Aircraft Market Snapshot
    • 6.5.1. Brazil Light Sport Aircraft Market
    • 6.5.2. Mexico Light Sport Aircraft Market
  • 6.6. Rest of The World Light Sport Aircraft Market

Chapter 7. Competitive Intelligence

  • 7.1. Top Market Strategies
  • 7.2. Company Profiles
    • 7.2.1. Flight Design General Aviation GmbH
      • 7.2.1.1. Key Information
      • 7.2.1.2. Overview
      • 7.2.1.3. Financial (Subject to Data Availability)
      • 7.2.1.4. Product Summary
      • 7.2.1.5. Recent Developments
    • 7.2.2. Cub Crafters Inc.
    • 7.2.3. American Legend Aircraft Company
    • 7.2.4. Stemme Production GmbH
    • 7.2.5. Jabiru Aircraft Pty Ltd
    • 7.2.6. Czech Aircraft Group SRO
    • 7.2.7. Van's Aircraft Inc.
    • 7.2.8. TL-ULTRALIGHT s.r.o.
    • 7.2.9. Paradise Aero Industry
    • 7.2.10. Zenith Aircraft Company

Chapter 8. Research Process

  • 8.1. Research Process
    • 8.1.1. Data Mining
    • 8.1.2. Analysis
    • 8.1.3. Market Estimation
    • 8.1.4. Validation
    • 8.1.5. Publishing
  • 8.2. Research Attributes
  • 8.3. Research Assumption

LIST OF TABLES

  • TABLE 1. Global Light Sport Aircraft Market, report scope
  • TABLE 2. Global Light Sport Aircraft Market estimates & forecasts by region 2018-2027 (USD Billion)
  • TABLE 3. Global Light Sport Aircraft Market estimates & forecasts by Type 2018-2027 (USD Billion)
  • TABLE 4. Global Light Sport Aircraft Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 5. Global Light Sport Aircraft Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 6. Global Light Sport Aircraft Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 7. Global Light Sport Aircraft Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 8. Global Light Sport Aircraft Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 9. Global Light Sport Aircraft Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 10. Global Light Sport Aircraft Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 11. Global Light Sport Aircraft Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 12. Global Light Sport Aircraft Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 13. Global Light Sport Aircraft Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 14. Global Light Sport Aircraft Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 15. Global Light Sport Aircraft Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 16. Global Light Sport Aircraft Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 17. Global Light Sport Aircraft Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 18. Global Light Sport Aircraft Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 19. Global Light Sport Aircraft Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 20. U.S. Light Sport Aircraft Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 21. U.S. Light Sport Aircraft Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 22. U.S. Light Sport Aircraft Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 23. Canada Light Sport Aircraft Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 24. Canada Light Sport Aircraft Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 25. Canada Light Sport Aircraft Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 26. UK Light Sport Aircraft Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 27. UK Light Sport Aircraft Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 28. UK Light Sport Aircraft Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 29. Germany Light Sport Aircraft Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 30. Germany Light Sport Aircraft Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 31. Germany Light Sport Aircraft Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 32. France Light Sport Aircraft Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 33. France Light Sport Aircraft Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 34. France Light Sport Aircraft Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 35. Spain Light Sport Aircraft Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 36. Spain Light Sport Aircraft Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 37. Spain Light Sport Aircraft Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 38. Italy Light Sport Aircraft Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 39. Italy Light Sport Aircraft Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 40. Italy Light Sport Aircraft Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 41. ROE Light Sport Aircraft Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 42. ROE Light Sport Aircraft Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 43. ROE Light Sport Aircraft Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 44. China Light Sport Aircraft Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 45. China Light Sport Aircraft Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 46. China Light Sport Aircraft Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 47. India Light Sport Aircraft Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 48. India Light Sport Aircraft Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 49. India Light Sport Aircraft Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 50. Japan Light Sport Aircraft Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 51. Japan Light Sport Aircraft Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 52. Japan Light Sport Aircraft Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 53. Australia Light Sport Aircraft Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 54. Australia Light Sport Aircraft Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 55. Australia Light Sport Aircraft Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 56. South Korea Light Sport Aircraft Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 57. South Korea Light Sport Aircraft Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 58. South KoreaLight Sport Aircraft Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 59. ROPAC Light Sport Aircraft Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 60. ROPAC Light Sport Aircraft Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 61. ROPAC Light Sport Aircraft Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 62. Brazil Light Sport Aircraft Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 63. Brazil Light Sport Aircraft Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 64. Brazil Light Sport Aircraft Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 65. Mexico Light Sport Aircraft Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 66. Mexico Light Sport Aircraft Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 67. Mexico Light Sport Aircraft Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 68. ROLA Light Sport Aircraft Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 69. ROLA Light Sport Aircraft Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 70. ROLA Light Sport Aircraft Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 71. ROW Light Sport Aircraft Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 72. ROW Light Sport Aircraft Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 73. ROW Light Sport Aircraft Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 74. List of secondary sources used in the study of Global Light Sport Aircraft Market.
  • TABLE 75. List of primary sources used in the study of Global Light Sport Aircraft Market.
  • TABLE 76. Years considered for the study.
  • TABLE 77. Exchange rates considered.

LIST OF FIGURES

List of figures

  • FIG 1. Global Light Sport Aircraft Market, research methodology
  • FIG 2. Global Light Sport Aircraft Market, market estimation techniques
  • FIG 3. Global market size estimates & forecast methods
  • FIG 4. Global Light Sport Aircraft Market, key trends 2020
  • FIG 5. Global Light Sport Aircraft Market, growth prospects 2021-2027
  • FIG 6. Global Light Sport Aircraft Market, porters 5 force model
  • FIG 7. Global Light Sport Aircraft Market, pest analysis
  • FIG 8. Global Light Sport Aircraft Market, value chain analysis
  • FIG 9. Global Light Sport Aircraft Market by segment, 2018 & 2027 (USD Billion)
  • FIG 10. Global Light Sport Aircraft Market by segment, 2018 & 2027 (USD Billion)
  • FIG 11. Global Light Sport Aircraft Market by segment, 2018 & 2027 (USD Billion)
  • FIG 12. Global Light Sport Aircraft Market by segment, 2018 & 2027 (USD Billion)
  • FIG 13. Global Light Sport Aircraft Market by segment, 2018 & 2027 (USD Billion)
  • FIG 14. Global Light Sport Aircraft Market by segment, 2018 & 2027 (USD Billion)
  • FIG 15. Global Light Sport Aircraft Market by segment, 2018 & 2027 (USD Billion)
  • FIG 16. Global Light Sport Aircraft Market by segment, 2018 & 2027 (USD Billion)
  • FIG 17. Global Light Sport Aircraft Market, regional snapshot 2018 & 2027
  • FIG 18. North America Light Sport Aircraft Market 2018 & 2027 (USD Billion)
  • FIG 19. Europe Light Sport Aircraft Market 2018 & 2027 (USD Billion)
  • FIG 20. Asia-Pacific Light Sport Aircraft Market 2018 & 2027 (USD Billion)
  • FIG 21. Latin America Light Sport Aircraft Market 2018 & 2027 (USD Billion)
  • FIG 22. Global Light Sport Aircraft Market, company market share analysis (2020)