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PUBLISHER: IMARC Services Private Limited | PRODUCT CODE: 1206951
PUBLISHER: IMARC Services Private Limited | PRODUCT CODE: 1206951
Piston Engine Aircraft Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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PAGES: 143 Pages
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The global piston engine aircraft market size reached US$ 907 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,170 Million by 2028, exhibiting a growth rate (CAGR) of 4.2% during 2023-2028.
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 report, along with forecasts at the global, regional and country level from 2023-2028. 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
- 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 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.
Key Questions Answered in This Report:
- 1. What was the size of the global piston engine aircraft market in 2022?
- 2. What is the expected growth rate of the global piston engine aircraft market during 2023-2028?
- 3. What are the key factors driving the global piston engine aircraft market?
- 4. What has been the impact of COVID-19 on the global piston engine aircraft market?
- 5. What is the breakup of the global piston engine aircraft market based on the type?
- 6. What is the breakup of the global piston engine aircraft market based on the maximum take-off weight?
- 7. What is the breakup of the global piston engine aircraft market based on the application?
- 8. What are the key regions in the global piston engine aircraft market?
- 9. Who are the key players/companies in the global piston engine aircraft market?
Product Code: SR1323A423_Report
Table of Contents
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
- 9.1.1 United States
- 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
- 9.2.1 China
- 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
- 9.3.1 Germany
- 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
- 9.4.1 Brazil
- 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
- 14.3.1 American Champion Aircraft Corporation
Product Code: SR1323A423_Report
List of Figures
- Figure 1: Global: Piston Engine Aircraft Market: Major Drivers and Challenges
- Figure 2: Global: Piston Engine Aircraft Market: Sales Value (in Million US$), 2017-2022
- Figure 3: Global: Piston Engine Aircraft Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 4: Global: Piston Engine Aircraft Market: Breakup by Type (in %), 2022
- Figure 5: Global: Piston Engine Aircraft Market: Breakup by Maximum Take-off Weight (in %), 2022
- Figure 6: Global: Piston Engine Aircraft Market: Breakup by Application (in %), 2022
- Figure 7: Global: Piston Engine Aircraft Market: Breakup by Region (in %), 2022
- Figure 8: Global: Piston Engine Aircraft (Single Engine) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: Piston Engine Aircraft (Single Engine) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: Piston Engine Aircraft (Multi-Engine) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Piston Engine Aircraft (Multi-Engine) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Piston Engine Aircraft (Less than 1000 Kg) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Piston Engine Aircraft (Less than 1000 Kg) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Piston Engine Aircraft (1000-2000 Kg) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Piston Engine Aircraft (1000-2000 Kg) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Piston Engine Aircraft (More than 2000 Kg) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Piston Engine Aircraft (More than 2000 Kg) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Piston Engine Aircraft (Military and Defense) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Piston Engine Aircraft (Military and Defense) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Piston Engine Aircraft (Commercial) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Piston Engine Aircraft (Commercial) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: North America: Piston Engine Aircraft Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: North America: Piston Engine Aircraft Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: United States: Piston Engine Aircraft Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: United States: Piston Engine Aircraft Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: Canada: Piston Engine Aircraft Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: Canada: Piston Engine Aircraft Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: Asia-Pacific: Piston Engine Aircraft Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: Asia-Pacific: Piston Engine Aircraft Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: China: Piston Engine Aircraft Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: China: Piston Engine Aircraft Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: Japan: Piston Engine Aircraft Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: Japan: Piston Engine Aircraft Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: India: Piston Engine Aircraft Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: India: Piston Engine Aircraft Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: South Korea: Piston Engine Aircraft Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: South Korea: Piston Engine Aircraft Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: Australia: Piston Engine Aircraft Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: Australia: Piston Engine Aircraft Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: Indonesia: Piston Engine Aircraft Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: Indonesia: Piston Engine Aircraft Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: Others: Piston Engine Aircraft Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: Others: Piston Engine Aircraft Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: Europe: Piston Engine Aircraft Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: Europe: Piston Engine Aircraft Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: Germany: Piston Engine Aircraft Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: Germany: Piston Engine Aircraft Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: France: Piston Engine Aircraft Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: France: Piston Engine Aircraft Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: United Kingdom: Piston Engine Aircraft Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: United Kingdom: Piston Engine Aircraft Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: Italy: Piston Engine Aircraft Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: Italy: Piston Engine Aircraft Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: Spain: Piston Engine Aircraft Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: Spain: Piston Engine Aircraft Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: Russia: Piston Engine Aircraft Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: Russia: Piston Engine Aircraft Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: Others: Piston Engine Aircraft Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: Others: Piston Engine Aircraft Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: Latin America: Piston Engine Aircraft Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: Latin America: Piston Engine Aircraft Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: Brazil: Piston Engine Aircraft Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: Brazil: Piston Engine Aircraft Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: Mexico: Piston Engine Aircraft Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: Mexico: Piston Engine Aircraft Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: Others: Piston Engine Aircraft Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: Others: Piston Engine Aircraft Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: Middle East and Africa: Piston Engine Aircraft Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: Middle East and Africa: Piston Engine Aircraft Market: Breakup by Country (in %), 2022
- Figure 70: Middle East and Africa: Piston Engine Aircraft Market Forecast: Sales Value (in Million US$), 2023-2028
- 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, 2022 and 2028
- Table 2: Global: Piston Engine Aircraft Market Forecast: Breakup by Type (in Million US$), 2023-2028
- Table 3: Global: Piston Engine Aircraft Market Forecast: Breakup by Maximum Take-off Weight (in Million US$), 2023-2028
- Table 4: Global: Piston Engine Aircraft Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 5: Global: Piston Engine Aircraft Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Piston Engine Aircraft Market: Competitive Structure
- Table 7: Global: Piston Engine Aircraft Market: Key Players
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