PUBLISHER: IMARC | PRODUCT CODE: 1702203
PUBLISHER: IMARC | PRODUCT CODE: 1702203
The global light-sport aircraft market size reached USD 1.21 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 2.03 Billion by 2033, exhibiting a growth rate (CAGR) of 5.57% during 2025-2033. Increased popularity of recreational flying, ongoing technological advancements, the growing aviation infrastructure, and the rising government initiatives, are primarily escalating the market's demand.
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.
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.
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.