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PUBLISHER: IMARC | PRODUCT CODE: 1468645

PUBLISHER: IMARC | PRODUCT CODE: 1468645

Light-Sport Aircraft Market Report by Type (Airplane, Seaplane), Application (Sport and Recreation, Flight Training, Aircraft Rental), and Region 2024-2032

PUBLISHED: April 8, 2024

PAGES: 138 Pages

DELIVERY TIME: 2-3 business days

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The global light-sport aircraft market size reached US$ 1.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 1.9 Billion by 2032, exhibiting a growth rate (CAGR) of 5.9% during 2024-2032.

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.

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 2024-2032. Our report has categorized the market based on type and application.

Breakup by Type:

Airplane

Seaplane

Breakup by Application:

Sport and Recreation

Flight Training

Aircraft Rental

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 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.

Key Questions Answered in This Report

1. What was the size of the global light-sport aircraft market in 2023?
2. What is the expected growth rate of the global light-sport aircraft market during 2024-2032?
3. What has been the impact of COVID-19 on the global light-sport aircraft market?
4. What are the key factors driving the global light-sport aircraft market?
5. What is the breakup of the global light-sport aircraft market based on the type?
6. What are the key regions in the global light-sport aircraft market?
7. Who are the key players/companies in the global light-sport aircraft market?

Product Code: SR112024A6242

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

Product Code: SR112024A6242

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$), 2018-2023
Figure 3: Global: Light-Sport Aircraft Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Light-Sport Aircraft Market: Breakup by Type (in %), 2023
Figure 5: Global: Light-Sport Aircraft Market: Breakup by Application (in %), 2023
Figure 6: Global: Light-Sport Aircraft Market: Breakup by Region (in %), 2023
Figure 7: Global: Light-Sport Aircraft (Airplane) Market: Sales Value (in Million US$), 2018 & 2023
Figure 8: Global: Light-Sport Aircraft (Airplane) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 9: Global: Light-Sport Aircraft (Seaplane) Market: Sales Value (in Million US$), 2018 & 2023
Figure 10: Global: Light-Sport Aircraft (Seaplane) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 11: Global: Light-Sport Aircraft (Sport and Recreation) Market: Sales Value (in Million US$), 2018 & 2023
Figure 12: Global: Light-Sport Aircraft (Sport and Recreation) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 13: Global: Light-Sport Aircraft (Flight Training) Market: Sales Value (in Million US$), 2018 & 2023
Figure 14: Global: Light-Sport Aircraft (Flight Training) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 15: Global: Light-Sport Aircraft (Aircraft Rental) Market: Sales Value (in Million US$), 2018 & 2023
Figure 16: Global: Light-Sport Aircraft (Aircraft Rental) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 17: North America: Light-Sport Aircraft Market: Sales Value (in Million US$), 2018 & 2023
Figure 18: North America: Light-Sport Aircraft Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 19: United States: Light-Sport Aircraft Market: Sales Value (in Million US$), 2018 & 2023
Figure 20: United States: Light-Sport Aircraft Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 21: Canada: Light-Sport Aircraft Market: Sales Value (in Million US$), 2018 & 2023
Figure 22: Canada: Light-Sport Aircraft Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 23: Asia-Pacific: Light-Sport Aircraft Market: Sales Value (in Million US$), 2018 & 2023
Figure 24: Asia-Pacific: Light-Sport Aircraft Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 25: China: Light-Sport Aircraft Market: Sales Value (in Million US$), 2018 & 2023
Figure 26: China: Light-Sport Aircraft Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 27: Japan: Light-Sport Aircraft Market: Sales Value (in Million US$), 2018 & 2023
Figure 28: Japan: Light-Sport Aircraft Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 29: India: Light-Sport Aircraft Market: Sales Value (in Million US$), 2018 & 2023
Figure 30: India: Light-Sport Aircraft Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 31: South Korea: Light-Sport Aircraft Market: Sales Value (in Million US$), 2018 & 2023
Figure 32: South Korea: Light-Sport Aircraft Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 33: Australia: Light-Sport Aircraft Market: Sales Value (in Million US$), 2018 & 2023
Figure 34: Australia: Light-Sport Aircraft Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 35: Indonesia: Light-Sport Aircraft Market: Sales Value (in Million US$), 2018 & 2023
Figure 36: Indonesia: Light-Sport Aircraft Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 37: Others: Light-Sport Aircraft Market: Sales Value (in Million US$), 2018 & 2023
Figure 38: Others: Light-Sport Aircraft Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 39: Europe: Light-Sport Aircraft Market: Sales Value (in Million US$), 2018 & 2023
Figure 40: Europe: Light-Sport Aircraft Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 41: Germany: Light-Sport Aircraft Market: Sales Value (in Million US$), 2018 & 2023
Figure 42: Germany: Light-Sport Aircraft Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 43: France: Light-Sport Aircraft Market: Sales Value (in Million US$), 2018 & 2023
Figure 44: France: Light-Sport Aircraft Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 45: United Kingdom: Light-Sport Aircraft Market: Sales Value (in Million US$), 2018 & 2023
Figure 46: United Kingdom: Light-Sport Aircraft Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 47: Italy: Light-Sport Aircraft Market: Sales Value (in Million US$), 2018 & 2023
Figure 48: Italy: Light-Sport Aircraft Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 49: Spain: Light-Sport Aircraft Market: Sales Value (in Million US$), 2018 & 2023
Figure 50: Spain: Light-Sport Aircraft Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 51: Russia: Light-Sport Aircraft Market: Sales Value (in Million US$), 2018 & 2023
Figure 52: Russia: Light-Sport Aircraft Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 53: Others: Light-Sport Aircraft Market: Sales Value (in Million US$), 2018 & 2023
Figure 54: Others: Light-Sport Aircraft Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 55: Latin America: Light-Sport Aircraft Market: Sales Value (in Million US$), 2018 & 2023
Figure 56: Latin America: Light-Sport Aircraft Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 57: Brazil: Light-Sport Aircraft Market: Sales Value (in Million US$), 2018 & 2023
Figure 58: Brazil: Light-Sport Aircraft Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 59: Mexico: Light-Sport Aircraft Market: Sales Value (in Million US$), 2018 & 2023
Figure 60: Mexico: Light-Sport Aircraft Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 61: Others: Light-Sport Aircraft Market: Sales Value (in Million US$), 2018 & 2023
Figure 62: Others: Light-Sport Aircraft Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 63: Middle East and Africa: Light-Sport Aircraft Market: Sales Value (in Million US$), 2018 & 2023
Figure 64: Middle East and Africa: Light-Sport Aircraft Market: Breakup by Country (in %), 2023
Figure 65: Middle East and Africa: Light-Sport Aircraft Market Forecast: Sales Value (in Million US$), 2024-2032
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, 2023 and 2032
Table 2: Global: Light-Sport Aircraft Market Forecast: Breakup by Type (in Million US$), 2024-2032
Table 3: Global: Light-Sport Aircraft Market Forecast: Breakup by Application (in Million US$), 2024-2032
Table 4: Global: Light-Sport Aircraft Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 5: Global: Light-Sport Aircraft Market: Competitive Structure
Table 6: Global: Light-Sport Aircraft Market: Key Players