DUBLIN--(BUSINESS WIRE)--The "Ultralight and Light Aircraft - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.
The Ultralight and Light Aircraft market worldwide is projected to grow by US$3.1 Billion, driven by a compounded growth of 5.4%.
Light Aircraft, one of the segments analyzed and sized in this study, displays the potential to grow at over 5.1%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$6.1 Billion by the year 2025, Light Aircraft will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 6.2% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$146.8 Million to the region's size and clout in the next 5 to 6 years. Over US$144 Million worth of projected demand in the region will come from the rest of the European markets.
In Japan, Light Aircraft will reach a market size of US$475.7 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 5.3% over the next couple of years and add approximately US$541.5 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.
Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific.
All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include:
- Aeropro S.R.O. (Slovakia)
- American Legend Aircraft Co.
- Costruzioni Aeronautiche Tecnam S.R.L.
- Cub Crafters, Inc.
- Evektor, Spol. S.R.O.
- Flight Design general aviation GmbH
- Jabiru Aircraft Pty. Ltd.
- P&M Aviation
- Pipistrel d.o.o.
- Quicksilver Aircraft
For more information about this report visit https://www.researchandmarkets.com/r/uu8bo1
