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Market Research Report
Product code 
597237

Piston Engine Aircraft Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
Published: | Mordor Intelligence Pvt Ltd | 108 Pages | Delivery time: 2-3 business days

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Piston Engine Aircraft Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
Published: January 17, 2022
Mordor Intelligence Pvt Ltd
Content info: 108 Pages
Delivery time: 2-3 business days
  • Description
  • Table of Contents

The piston engine aircraft market is anticipated to register a CAGR of above 0.5% during the forecast period.

Key Highlights

  • The market is mainly driven by the advantage of the fuel efficiency of the engine with a high compression ratio, high heat, and low fuel consumption.
  • The increase in training aircraft procurement is driving the growth of the piston engine aircraft market.
  • Despite their simplicity, reliability, and easy maintenance, the short life cycle of the engines is one of the significant reasons hindering the growth of the market.

Key Market Trends

The Single Engine Segment Dominated in Terms of Market Share, in 2019

Currently, the single engine segment dominates the market, and it is expected to continue its domination in terms of market share over the forecast period. This is due to the increase in the procurement of single engine piston aircraft for training purposes, agricultural applications like the aerial application of pesticides or fertilizers, and hydro-seeding, and commercial and military applications.

Asia-Pacific is Anticipated to Experience the Highest Growth During the Forecast Period

The Asia-Pacific region is anticipated to register the highest growth rate during the forecast period. This growth is due to the increase in aircraft procurements to cater to the growing passenger traffic in the region, from countries like China, India, Indonesia, Vietnam, and Australia.

Competitive Landscape

The prominent players in the piston engine aircraft market are Cirrus Aircraft, Diamond Aircraft, Piper Aircraft Inc., TECNAM Aircraft, and Textron Inc. Cirrus Aircraft, Textron Inc., and TECNAM Aircraft delivered the highest number of piston engine aircraft in 2018. In order to gain a competitive edge, the market players are investing heavily in their R&D activities, as well as launching cost-effective piston engines.

Additional Benefits:

  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support
Product Code: 54853

TABLE OF CONTENTS

1 INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
  • 4.3 Market Restraints
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Bargaining Power of Buyers/Consumers
    • 4.4.2 Bargaining Power of Suppliers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION

  • 5.1 Type
    • 5.1.1 Single Engine
    • 5.1.2 Multi-engine
  • 5.2 Maximum Take-off Weight
    • 5.2.1 Less than 1000 kg
    • 5.2.2 1000-2000 kg
    • 5.2.3 More than 2000 kg
  • 5.3 Geography
    • 5.3.1 North America
    • 5.3.2 Europe
    • 5.3.3 Asia-Pacific
    • 5.3.4 Rest of the World

6 COMPETITIVE LANDSCAPE

  • 6.1 Vendor Market Share
  • 6.2 Company Profiles
    • 6.2.1 Cirrus Aircraft
    • 6.2.2 Diamond Aircraft
    • 6.2.3 Piper Aircraft Inc.
    • 6.2.4 TECNAM Aircraft
    • 6.2.5 Textron Inc.
    • 6.2.6 American Champion
    • 6.2.7 AVIC General
    • 6.2.8 CubCrafters
    • 6.2.9 Discovery Aviation
    • 6.2.10 Flight Design GmbH
    • 6.2.11 ICON Aircraft
    • 6.2.12 Mooney International Corporation
    • 6.2.13 Pipistrel

7 MARKET OPPORTUNITIES AND FUTURE TRENDS