超軽量・軽量航空機市場 – 2029年までの世界予測

Ultralight and Light Aircraft Market - Global Forecast To 2029

超軽量・軽量航空機市場 - 推進力(電気/ハイブリッド、従来型)、システム(航空構造、アビオニクス、客室内装)、テクノロジー(有人、無人)、飛行運用(CTOL、VTOL)、POS最終用途、材料別 - 2029年までの世界予測
Ultralight & Light Aircraft Market by Propulsion (Electric/Hybrid, Conventional), System (Aerostructures, Avionics, Cabin Interiors), Technology (Manned, Unmanned), Flight Operation (CTOL, VTOL), Point of Sale End Use, Material - Global Forecast to 2029

商品番号 : SMB-16234

出版社MarketsandMarkets
出版年月2024年11月
ページ数299
図表数467
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

The ultralight and light aircraft market is estimated to be USD 10.17 billion in 2024 and is projected to reach USD 17.29 billion by 2029, at a CAGR of 11.2 % during the forecast period. The aircraft is increasingly being used for recreational flying, such as sightseeing, camping, and fishing. They are also used for transportation, such as personal commuting. Ultralight and light aircraft also affordable to maintain and operate.

超軽量・軽量航空機市場は、2024 年に 101 億 7,000 万米ドルと推定され、予測期間中の CAGR は 11.2% で、2029 年までに 172 億 9 千万米ドルに達すると予測されています。

超軽量・軽量航空機市場 - 2029年までの世界予測
ultralight-aircraft-market

“Low-cost operation and maintenance of ultralight aircraft are driving the ultralight and light aircraft  market.”

Low-cost operations and maintenance are the two main growth drivers in the ultralight and light aircraft market. These have simpler designs, consume lesser fuel, and have less mechanical complexity compared to their larger counterparts, which significantly cuts down on the operating cost. This has attracted wide users, ranging from private owners and recreational pilots to flight schools and small commercial operators. Light aircraft present an economical alternative for training and short-haul missions, thereby allowing wider access to aviation. Being more lightweight plus fuel-efficient engines reduce the frequency of maintenance and thus appeal to more people in both personal and professional sectors.

“Based on flight operation, the CTOL segment accounts for the largest market size during the forecast period.”

Based on flight operation, the ultralight and light aircraft market is segmented into Conventional Take-off and Landing (CTOL) and Vertical Take-off and Landing (VTOL).  CTOLs are also expected to capture the bulk of the market for ultralight and light aircraft because they provide an infrastructure that is most well-developed, yet relatively cheaper, and used in different applications. A CTOL aircraft needs to land or take off with a runway, making the current distribution of small regional airports friendly to them to integrate without requiring specific and unique infrastructures. This is one benefit over VTOL aircraft, since those normally require new or modified facilities for safe operation, particularly in urban environments.

The cost is relatively low on development, production, and operations for the CTOL aircraft compared to the newest emerging VTOL models. This is because the operating procedures of the CTOLs are not very complex and involve a known technology base that guarantees the dependability of the aircraft, which is less costly to maintain. Such factors make the aircraft appealing to personal and recreational pilots, flight schools, and small businesses.

“Based on the system, the aircraft systems segment is projected to grow at the highest CAGR during the forecast period.”

Based on system, the ultralight and light aircraft market is segmented into aerostructure, avionics, aircraft systems, and cabin interiors. Aircraft systems will dominate the ultralight and light aircraft market because of their critical role in enhancement of performance, safety, and user experience as this sector attracts a wider range of pilots and applications. The, autopilot, stability controls, and safety features are becoming more complex and reachable with the advancement of digital technology and miniaturization. For example, those formerly only available on higher-up, commercial aircraft—now, digital avionics and glass cockpits are available on many small light and ultralight planes. This capability includes real-time feeds that navigate, weather, or information on engine performance right out to the pilot through direct vision, providing infinitely higher situational awareness than there could be before and ease a pilot’s flying for this reason.

“Based on technology , the unmanned  segment to grow at the highest CAGR during the forecast period.”

The ultralight and light aircraft market has been segmented on the basis of technology into the manned and unmanned segments. Unmanned segment is projected to grow at the highest CAGR as UAV has more prominent benefits than manned counterparts with respect to all applications pertaining to safety, cost, and convenience. These aircraft can do tasks and operate in conditions that would be too dangerous or impractical for a human pilot, including surveillance, agricultural monitoring, search and rescue, and environmental research. Therefore, agricultural operations, infrastructure inspection, and public safety are all finding a use for unmanned aircraft in order to provide very accurate and efficient operation.

“Asia Pacific is projected to account for the second largest market share  during the forecast period.”

The Asia-Pacific region is expected to account for the second largest market share  due to several strong factors, such as high economic growth, rising disposable incomes, and a growing interest in aviation. The more these countries continue to expand their economies, more people and businesses are looking at having affordable air travel options, which boost demand for light aircraft to be used for personal, recreational, and commercial purposes.

超軽量・軽量航空機市場 - 2029年までの世界予測 region
ultralight-aircraft-market-region

In addition, the region’s vast geography, comprising many islands and remote areas, presents unique opportunities for light aircraft to provide essential connectivity where traditional transportation options may be limited. Another emerging trend is urban air mobility solutions, including air taxis and cargo drones, gaining traction in densely populated cities, stimulating demand further.

The break-up of profile of primary participants in the ultralight and light aircraft market:

  • By Company Type: Tier 1 – 49%, Tier 2 – 37%, and Tier 3 – 14%
  • By Designation: C Level – 55%, Director Level – 27%, and Others – 18%
  • By Region: North America – 32%, Europe – 32%, Asia Pacific – 16%, Middle East & Africa – 10%, Latin America – 10%

Major players operating in the ultralight and light aircraft market are Cirrus Aircraft (US), Costruzioni Aeronautiche TECNAM SpA (Italy) , Textron Inc. (US) , Pilatus Aircraft (US) , Piper Aircraft, Inc. (US) , Evektor Aerotechnik (Czech Republic) , American Legend Aircraft Co. (US) , Thrust Aircraft Private Limited (India) , Air Tractor (US) , P&M Aviation (India) , Quicksilver Aircraft (US) , Flight Design General Aviation GmbH  (Germany) , Aeropro (Canada), Autogyro GmbH  (Germany) , Vulcanair (Italy), Honda Aircraft Company (Japan).

超軽量・軽量航空機市場 - 2029年までの世界予測 ecosystem
ultralight-aircraft-market-ecosystem

Research Coverage:

This research report categorizes the ultralight and light aircraft market basis of By Pointt of sale (OEM and Aftermarket) , End Use (Civil  and Commercial and Military),Flight Operation (CTOL and  VTOL), Technology (Manned and Unmanned), Propulsion (Conventional Fuel and Electric-Hybrid), Material (Aluminium, Composites and Other Materials), System (Aerostructures, Avionics, Cabin Interiors and Aircraft Systems), in these segments have been mapped across major Regions (North America, Europe, Asia Pacific, Middle East and Africa, Latin America).

A detailed analysis of the key industry players has been done to provide insights into their business overviews; solutions and services; key strategies; agreements, collaborations, new product launches, contracts, expansion, acquisitions, and partnerships associated with the aircraft health monitoring market. Competitive analysis of upcoming startups in the ultralight and light aircraft market ecosystem is covered in this report.

Reasons to buy this report:

The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall ultralight and light aircraft market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

The scope of the report covers detailed information regarding the major factors, such as drivers ( Low-cost operation and maintenance of ultralight aircraft, Growing use of UAVs in various military operations , Growing use of light aircraft in aviation schools, Growing demand for personal and recreational flying), restraints ( Delay in aircraft deliveries, Safety considerations for operation of ultralight and light aircraft), challenges ( Development costs outweigh benefits of ultralight and light aircraft, Limited range and payload of ultralight aircraft), and opportunities (Advancements in traditional aircraft propulsion, advancements in passenger drones and UAV payload), influencing the growth of the ultralight and light aircraft market.

  • Market Penetration: Comprehensive information on ultralight and light aircraft offered by the top players in the market.
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the ultralight and light aircraft market
  • Market Development: Comprehensive information about lucrative markets – the report analyzes the aircraft health monitoring market across varied regions
  • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the Ultralight and light aircraft market
  • Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players in the ultralight and light aircraft market

Table of Contents

1               INTRODUCTION              34

1.1           STUDY OBJECTIVES       34

1.2           MARKET DEFINITION   35

1.3           STUDY SCOPE   35

1.3.1        MARKETS COVERED       35

1.3.2        YEARS CONSIDERED      36

1.4           INCLUSIONS AND EXCLUSIONS 36

1.5           CURRENCY CONSIDERED            37

1.6           STAKEHOLDERS               38

1.7           SUMMARY OF CHANGES               38

2               RESEARCH METHODOLOGY       39

2.1           RESEARCH DATA              39

2.1.1        SECONDARY DATA          41

2.1.1.1    Key data from secondary sources       41

2.1.2        PRIMARY DATA 42

2.1.2.1    Key data from primary sources           42

2.1.2.2    Key primary sources             42

2.2           FACTOR ANALYSIS          43

2.2.1        INTRODUCTION              43

2.2.2        DEMAND-SIDE INDICATORS      43

2.2.2.1    Rise in global air passenger and cargo traffic   43

2.2.3        SUPPLY-SIDE INDICATORS          43

2.3           MARKET SCOPE                44

2.3.1        ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY TYPE                 44

2.3.2        ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE        44

2.3.3        ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION     44

2.4           RESEARCH APPROACH AND METHODOLOGY    44

2.4.1        BOTTOM-UP APPROACH              45

2.4.1.1    Regional ultralight and light aircraft market    45

2.4.1.2    Segment size of ultralight and light aircraft market        45

2.4.1.3    Ultralight and light aircraft market, by end use               45

2.4.1.4    Ultralight and light aircraft market, by hybrid-electric  45

2.4.2        PRICING ANALYSIS          46

2.4.3        TOP-DOWN APPROACH                46

2.4.4        CONVENTIONAL ULTRALIGHT AND LIGHT AIRCRAFT MARKET,

BY REGION AND COUNTRY         47

2.4.5        HYBRID-ELECTRIC ULTRALIGHT AND LIGHT AIRCRAFT MARKET,

BY REGION AND COUNTRY         47

2.4.6        OVERALL ULTRALIGHT AND LIGHT MARKET, BY REGION AND COUNTRY                47

2.5           MARKET BREAKDOWN AND DATA TRIANGULATION                 48

2.6           RESEARCH ASSUMPTIONS           50

2.6.1        CONVENTIONAL ULTRALIGHT AND LIGHT AIRCRAFT                 50

2.6.2        HYBRID-ELECTRIC ULTRALIGHT AND LIGHT AIRCRAFT                 50

2.6.3        ULTRALIGHT AND LIGHT AIRCRAFT AFTERMARKET                 50

2.6.4        OTHER ASSUMPTIONS  50

2.7           RESEARCH LIMITATIONS             52

2.8           RISK ANALYSIS  52

3               EXECUTIVE SUMMARY  53

4               PREMIUM INSIGHTS       56

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ULTRALIGHT AND LIGHT AIRCRAFT MARKET   56

4.2           ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM                 56

4.3           ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION      57

4.4           ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY MATERIAL           57

4.5           ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE        58

5               MARKET OVERVIEW       59

5.1           INTRODUCTION              59

5.2           MARKET DYNAMICS       59

5.2.1        DRIVERS               60

5.2.1.1    Low-cost operation and maintenance of ultralight aircraft                 60

5.2.1.2    Increasing use of UAVs in various military operations   61

5.2.1.3    Growing use of light aircraft in aviation schools              61

5.2.1.4    Rising demand for personal and recreational flying        62

5.2.2        RESTRAINTS      62

5.2.2.1    Delay in aircraft deliveries  62

5.2.2.2    Safety considerations for operation of ultralight and light aircraft                 62

5.2.3        OPPORTUNITIES              63

5.2.3.1    Advancements in traditional aircraft propulsion             63

5.2.3.2    Advancements in passenger drones and UAV payload  64

5.2.4        CHALLENGES    64

5.2.4.1    Development costs outweigh benefits of ultralight and light aircraft    64

5.2.4.2    Limited range and payload of ultralight aircraft              64

5.3           VALUE CHAIN ANALYSIS               65

5.4           TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS            66

5.5           ECOSYSTEM ANALYSIS  66

5.5.1        PROMINENT COMPANIES            66

5.5.2        PRIVATE AND SMALL ENTERPRISES        67

5.5.3        END USERS         67

5.6           TECHNOLOGY TRENDS IN HYBRID AND ELECTRIC PROPULSION     68

5.6.1        FUEL CELLS        68

5.6.2        LITHIUM-SULFUR (LI-S)                68

5.6.3        DISTRIBUTED ELECTRIC PROPULSION (DEP)    69

5.6.4        MULTIFUNCTIONAL STRUCTURES FOR HIGH-ENERGY LIGHTWEIGHT LOADBEARING STORAGE (M-SHELLS)   69

5.6.5        INTEGRATED COMPUTATIONAL-EXPERIMENTAL DEVELOPMENT OF LI-AIR BATTERIES FOR ELECTRIC AIRCRAFT                 69

5.7           PRICING ANALYSIS          69

5.7.1        AVERAGE SELLING PRICE OF LIGHT AIRCRAFT 69

5.7.2        AVERAGE SELLING PRICE OF KEY PLAYERS FOR ULTRALIGHT  AND LIGHT AIRCRAFT   70

5.7.3        AVERAGE SELLING PRICE OF ULTRALIGHT AND LIGHT AIRCRAFT, BY REGION  71

5.8           CASE STUDY ANALYSIS 72

5.8.1        CASE STUDY 1: VTOL BUSINESS JET        72

5.8.2        CASE STUDY 2: FIRST MANNED TEST OF EVTOL                 72

5.8.3        CASE STUDY 3: EVTOL FOR AGRICULTURAL APPLICATIONS 73

5.9           TRADE ANALYSIS, 2019–2023        73

5.10         KEY CONFERENCES AND EVENTS, 2025  74

5.11         REGULATORY LANDSCAPE         75

5.11.1      NORTH AMERICA             75

5.11.2      EUROPE               76

5.11.3      REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             76

5.12         KEY STAKEHOLDERS IN BUYING PROCESS           78

5.13         TECHNOLOGY ANALYSIS             79

5.13.1      KEY TECHNOLOGIES     79

5.13.1.1  Battery and energy storage solutions 79

5.13.1.2  Hybrid powertrains               79

5.13.2      COMPLEMENTARY TECHNOLOGIES       80

5.13.2.1  Advanced coating and anti-corrosion technologies         80

5.13.2.2  Lightweight solar panels     80

5.14         BUSINESS MODELS         80

5.15         INVESTMENT AND FUNDING SCENARIO               83

5.16         IMPACT OF GENERATIVE AI/AI 83

5.16.1      INTRODUCTION              83

5.16.2      ADOPTION OF GENERATIVE AI IN COMMERCIAL AVIATION BY TOP COUNTRIES 84

5.17         BILL OF MATERIALS       86

5.18         TECHNOLOGY ROADMAP            88

5.19         MACROECONOMIC OUTLOOK  89

5.19.1      NORTH AMERICA             89

5.19.2      EUROPE               89

5.19.3      ASIA PACIFIC     89

5.19.4      MIDDLE EAST   90

5.19.5      LATIN AMERICA                90

5.19.6      AFRICA 90

6               INDUSTRY TRENDS         91

6.1           INTRODUCTION              91

6.2           TECHNOLOGY ANALYSIS             91

6.2.1        PASSENGER DRONES     91

6.2.2        COMBAT DRONES           91

6.2.3        EVTOL AIRCRAFT            92

6.2.4        URBAN AIR MOBILITY   92

6.2.5        ADVANCED AVIONICS   93

6.3           IMPACT OF MEGATRENDS          93

6.3.1        ELECTRIC PROPULSION               93

6.3.1.1    Hybrid electric propulsion system design         93

6.3.1.2    All-electric propulsion system design                94

6.3.2        AUTONOMOUS AIRCRAFT           94

6.3.3        ADVANCED MATERIALS AND MANUFACTURING                 94

6.4           INNOVATIONS AND PATENT REGISTRATIONS  95

7               ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY POINT OF SALE 98

7.1           INTRODUCTION              99

7.2           OEM      100

7.2.1        ULTRALIGHT AIRCRAFT               101

7.2.1.1   Advancement in sustainable aviation technologies to drive market.                 101

7.2.1.2    <400 KG MTOW 101

7.2.1.3    400-600 KG MTOW            102

7.2.2        LIGHT AIRCRAFT             102

7.2.2.1    Growing demand for private and business aviation to drive market    102

7.2.3        600–2,500 KG MTOW        102

7.2.4        2,500–5,700 KG MTOW    103

7.3           AFTERMARKET 104

7.3.1        MRO      105

7.3.1.1    increasing regulatory requirements to drive market       105

7.3.2        PARTS REPLACEMENTS                 105

7.3.2.1    Emphasis on modernization and regulatory compliance to drive market    105

8               ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY SYSTEM                106

8.1           INTRODUCTION              107

8.2           AEROSTRUCTURES         108

8.2.1        DEMAND FOR LIGHTWEIGHT MATERIALS TO DRIVE MARKET               108

8.3           AVIONICS            108

8.3.1        NEED FOR REAL-TIME DATA AND SITUATIONAL AWARENESS TO ENSURE PASSENGER SAFETY TO DRIVE MARKET               108

8.4           AIRCRAFT SYSTEMS        108

8.4.1        TECHNOLOGICAL ADVANCEMENTS IN ELECTRIC PROPULSION TO DRIVE MARKET             108

8.5           CABIN INTERIORS           108

8.5.1        INCREASING DEMAND FOR IN-FLIGHT ENTERTAINMENT SYSTEMS FOR BUSINESS AIRCRAFT TO DRIVE MARKET               108

9               ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION      109

9.1           INTRODUCTION              110

9.2           CONVENTIONAL TAKE-OFF AND LANDING (CTOL)                 111

9.2.1        SUITABLE FOR PRIVATE JETS, FLIGHT TRAINING, AND SHORT-DISTANCE TRAVEL         111

9.3           VERTICAL TAKE-OFF AND LANDING (VTOL)      111

9.3.1        IDEAL FOR ENVIRONMENTS WITHOUT RUNWAY INFRASTRUCTURE          111

10            ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY TECHNOLOGY  112

10.1         INTRODUCTION              113

10.2         MANNED             114

10.2.1      INCREASING DEMAND IN COMMERCIAL AND AGRICULTURAL APPLICATIONS TO DRIVE MARKET       114

10.3         UNMANNED       114

10.3.1      OPERATES ON PRE-DETERMINED SET OF AUTOMATED COMMANDS       114

11            ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION     115

11.1         INTRODUCTION              116

11.2         ELECTRIC-HYBRID          117

11.2.1      HYBRID                118

11.2.1.1  Solar       118

11.2.1.1.1                Rising demand for zero-emission aircraft to drive market    118

11.2.1.2  Battery   118

11.2.1.2.1                Growing popularity of hybrid electric aircraft models to drive market          118

11.2.1.3  Fuel Cell 118

11.2.1.3.1                Need to reduce fuel consumption and emissions to drive market    118

11.2.2      FULLY ELECTRIC              119

11.2.2.1  Heavy investment in R&D to drive market      119

11.3         CONVENTIONAL FUEL  119

11.3.1      TURBOPROP      120

11.3.1.1  Superior fuel efficiency over traditional jet engines to drive market    120

11.3.2      PISTON ENGINE               120

11.3.2.1  Low cost and high performance to drive market              120

12            ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE        121

12.1         INTRODUCTION              122

12.2         CIVIL & COMMERCIAL   123

12.2.1      PASSENGER        124

12.2.1.1  Lower operating and maintenance costs of light business aircraft to drive market      124

12.2.1.2  Use case: Pilatus PC-12 in passenger charter services   124

12.2.2      PERSONAL          124

12.2.2.1  Increasing procurement of light aircraft for business travel to drive market          124

12.2.2.2  Use case: Piper Navajo Chieftain for executive business travel                 124

12.2.3      COMMERCIAL CARGO   125

12.2.3.1  Helps in transfer of cargo to remote areas        125

12.2.3.2  Use case: Cessna 208 Caravan in cargo transport           125

12.2.4      TRAINING           125

12.2.4.1  Constant demand for pilot training to drive market       125

12.2.4.2  Use case: TRAC20 G7 at Western Michigan University for pilot training  125

12.2.5      AGRICULTURE  126

12.2.5.1  Demand in various farming tasks to drive market           126

12.2.5.2  Use case: Air Tractor AT-802 for agricultural spraying 126

12.2.6      SURVEY & RESEARCH     126

12.2.6.1  Need to collect important data to drive market                126

12.2.6.2  Use case: Dornier 228 in environmental surveying         126

12.2.7      MEDICAL             127

12.2.7.1  Usage in emergency services              127

12.2.7.2  Use case: Med-Trans Corporation and Beechcraft King Air 350                 127

12.3         MILITARY            127

12.3.1      INTELLIGENCE, SURVEILLANCE, AND RECONNAISSANCE (ISR)               128

12.3.1.1  Gathers battle intelligence through surveillance             128

12.3.1.2  Use case: ISR support in anti-terrorism operations        128

12.3.2      SEARCH & RESCUE          128

12.3.2.1  Provides aid during distress situations              128

12.3.2.2  Use case: Mountainous search & rescue operation         128

12.3.3      MILITARY CARGO            129

12.3.3.1  Transfers cargo to sensitive military locations 129

12.3.3.2  Use case: Rapid resupply in remote combat outpost      129

12.3.4      TRAINING           129

12.3.4.1  Conducts training of pilots for military flying  129

12.3.4.2  Use case: US Air Force Pilot Training Program              129

13            ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY MATERIAL           130

13.1         INTRODUCTION              131

13.2         ALUMINUM        132

13.2.1      LIGHTWEIGHT AND HIGH-STRENGTH MATERIAL                 132

13.3         COMPOSITES    132

13.3.1      ADVANTAGE OF BEING LIGHTER THAN ALUMINUM                 132

13.4         OTHER MATERIALS        132

14            ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY REGION                133

14.1         INTRODUCTION              134

14.2         NORTH AMERICA             135

14.2.1      PESTLE ANALYSIS            136

14.2.2      US           142

14.2.2.1  Rising demand for personal aviation to drive market     142

14.2.3      CANADA               145

14.2.3.1  Rising interest in recreational aviation to drive market  145

14.3         EUROPE               147

14.3.1      PESTLE ANALYSIS            147

14.3.2      UK          155

14.3.2.1  Technological advancements and increasing interest in sustainable aviation to drive market  155

14.3.3      FRANCE                157

14.3.3.1  R&D of green aviation to drive market             157

14.3.4      GERMANY           160

14.3.4.1  Government environmental policies to drive market      160

14.3.5      RUSSIA 162

14.3.5.1  Increasing adoption of light aircraft in rural areas to drive market                 162

14.3.6      ITALY    164

14.3.6.1  Government incentives for R&D in green aviation technologies to drive market      164

14.3.7      SPAIN    166

14.3.7.1  Investment in aviation R&D to drive market   166

14.3.8      REST OF EUROPE             169

14.4         ASIA PACIFIC     171

14.4.1      PESTLE ANALYSIS            171

14.4.2      CHINA  179

14.4.2.1  Regulatory reforms and increasing investments in domestic aerospace technology to drive market                179

14.4.3      INDIA    181

14.4.3.1  UDAN scheme for regional air travel to drive market    181

14.4.4      JAPAN   183

14.4.4.1  Focus on aerospace innovation to drive market               183

14.4.5      AUSTRALIA         185

14.4.5.1  Favorable aviation regulations to drive market                185

14.4.6      SOUTH KOREA  188

14.4.6.1  Increasing interest in private aviation to drive market   188

14.4.7      REST OF ASIA PACIFIC   190

14.5         MIDDLE EAST   192

14.5.1      PESTLE ANALYSIS            198

14.5.2      GCC       199

14.5.2.1  UAE        199

14.5.2.1.1                Growing popularity of desert tourism to drive market                 199

14.5.2.2  Saudi Arabia          201

14.5.2.2.1                Expanding aviation accessibility to drive market                 201

14.5.3      REST OF MIDDLE EAST 203

14.6         AFRICA 206

14.6.1      PESTLE ANALYSIS            212

14.6.2      SOUTH AFRICA 213

14.6.2.1  Well-established aviation ecosystem to drive market      213

14.6.3      REST OF AFRICA               215

14.7         LATIN AMERICA                217

14.7.1      PESTLE ANALYSIS            218

14.7.2      BRAZIL 225

14.7.2.1  Government’s aviation programs to improve connectivity in remote areas to drive market               225

14.7.3      MEXICO                227

14.7.3.1  Booming tourism sector to drive market           227

14.7.4      REST OF LATIN AMERICA             229

15            COMPETITIVE LANDSCAPE         232

15.1         INTRODUCTION              232

15.2         KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024                 232

15.3         REVENUE ANALYSIS, 2020–2023  234

15.4         MARKET SHARE ANALYSIS, 2023                 235

15.5         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023                 237

15.5.1      STARS   237

15.5.2      EMERGING LEADERS     237

15.5.3      PERVASIVE PLAYERS      237

15.5.4      PARTICIPANTS 237

15.5.5      COMPANY FOOTPRINT 239

15.6         COMPANY EVALUATION MATRIX: START-UPS/SMES, 2023        243

15.6.1      PROGRESSIVE COMPANIES         243

15.6.2      RESPONSIVE COMPANIES            243

15.6.3      DYNAMIC COMPANIES  243

15.6.4      STARTING BLOCKS         243

15.6.5      COMPETITIVE BENCHMARKING               245

15.7         COMPANY VALUATION AND FINANCIAL METRICS                 247

15.8         BRAND/PRODUCT COMPARISON             248

15.9         COMPETITIVE SCENARIO             248

15.9.1      PRODUCT LAUNCHES   248

15.9.2      DEALS  249

15.9.3      OTHER DEVELOPMENTS              251

16            COMPANY PROFILES      255

16.1         KEY PLAYERS     255

16.1.1      CIRRUS AIRCRAFT           255

16.1.1.1  Business overview 255

16.1.1.2  Products/Solutions/Services offered 255

16.1.1.3  Recent developments           256

16.1.1.4  MnM view              256

16.1.1.4.1                Key strengths        256

16.1.1.4.2                Strategic choices   256

16.1.1.4.3                Weaknesses and competitive threats 256

16.1.2      COSTRUZIONI AERONAUTICHE TECNAM SPA    257

16.1.2.1  Business overview 257

16.1.2.2  Products/Solutions/Services offered 257

16.1.2.3  Recent developments           258

16.1.2.4  MnM view              259

16.1.2.4.1                Key strengths        259

16.1.2.4.2                Strategic choices   259

16.1.2.4.3                Weaknesses and competitive threats 259

16.1.3      TEXTRON INC.  260

16.1.3.1  Business overview 260

16.1.3.2  Products/Solutions/Services offered 261

16.1.3.3  Recent developments           262

16.1.3.4  MnM view              265

16.1.3.4.1                Key strengths        265

16.1.3.4.2                Strategic choices   265

16.1.3.4.3                Weaknesses and competitive threats 266

16.1.4      PILATUS AIRCRAFT         267

16.1.4.1  Business overview 267

16.1.4.2  Products/Solutions/Services offered 268

16.1.4.3  Recent developments           268

16.1.4.4  MnM view              269

16.1.4.4.1                Key strengths        269

16.1.4.4.2                Strategic choices   270

16.1.4.4.3                Weaknesses and competitive threats 270

16.1.5      PIPER AIRCRAFT, INC.   271

16.1.5.1  Business overview 271

16.1.5.2  Products/Solutions/Services offered 271

16.1.5.3  Recent developments           272

16.1.5.4  MnM view              273

16.1.5.4.1                Key strengths        273

16.1.5.4.2                Strategic choices   273

16.1.5.4.3                Weaknesses and competitive threats 273

16.1.6      EVEKTOR AEROTECHNIK             274

16.1.6.1  Business overview 274

16.1.6.2  Products/Solutions/Services offered                 274

16.1.6.3  Recent developments           274

16.1.7      AMERICAN LEGEND AIRCRAFT CO.         276

16.1.7.1  Business overview 276

16.1.7.2  Products/Solutions/Services offered                 276

16.1.8      THRUST AIRCRAFT PRIVATE LIMITED   277

16.1.8.1  Business overview 277

16.1.8.2  Products/Solutions/Services offered                 277

16.1.9      AIR TRACTOR    278

16.1.9.1  Business overview 278

16.1.9.2  Products/Solutions/Services offered                 278

16.1.9.3  Recent developments           279

16.1.10   P&M AVIATION 280

16.1.10.1                 Business overview 280

16.1.10.2                 Products/Solutions/Services offered                 280

16.1.11   QUICKSILVER AIRCRAFT               281

16.1.11.1                 Business overview 281

16.1.11.2                 Products/Solutions/Services offered                 281

16.1.12   FLIGHT DESIGN GENERAL AVIATION GMBH      282

16.1.12.1                 Business overview 282

16.1.12.2                 Products/Solutions/Services offered 282

16.1.12.3                 Recent developments           282

16.1.13   AEROPRO            283

16.1.13.1                 Business overview 283

16.1.13.2                 Products/Solutions/Services offered 283

16.1.14   AUTOGYRO GMBH          284

16.1.14.1                 Business overview 284

16.1.14.2                 Products/Solutions/Services offered 284

16.1.15   VULCANAIR        285

16.1.15.1                 Business overview 285

16.1.15.2                 Products/Solutions/Services offered 285

16.1.16   HONDA AIRCRAFT COMPANY    286

16.1.16.1                 Business overview 286

16.1.16.2                 Products/Solutions/Services offered 286

16.2         OTHER PLAYERS              287

16.2.1      VOLOCOPTER GMBH     287

16.2.2      LILIUM GMBH   287

16.2.3      NEVA AEROSPACE           288

16.2.4      OPENER AERO  288

16.2.5      WISK AERO         289

16.2.6      JOBY AVIATION                289

16.2.7      WING AVIATION LLC      290

16.2.8      KAREM AIRCRAFT INC.  290

16.2.9      LIFT AIRCRAFT INC.       291

16.2.10   XTI AIRCRAFT   291

17            APPENDIX           292

17.1         DISCUSSION GUIDE        292

17.2         KNOWLEDGESTORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL                295

17.3         CUSTOMIZATION OPTIONS        297

17.4         RELATED REPORTS         297

17.5         AUTHOR DETAILS           298

LIST OF TABLES

TABLE 1                USD EXCHANGE RATES 38

TABLE 2                OWNERSHIP COST ANALYSIS OF ULTRALIGHT AIRCRAFT            60

TABLE 3                US AIRCRAFT GENERAL AVIATION ACCIDENTS, FATAL ACCIDENTS, AND FATALITIES,  2013–2019             63

TABLE 4                ULTRALIGHT AND LIGHT AIRCRAFT MARKET: ROLE OF COMPANIES IN ECOSYSTEM    67

TABLE 5                AVERAGE SELLING PRICE OF LIGHT AIRCRAFT, 2023 (USD MILLION)       69

TABLE 6                PRICE LIST FOR CIRRUS AIRCRAFT          70

TABLE 7                AVERAGE SELLING PRICE OF KEY PLAYERS FOR ULTRALIGHT AND

LIGHT AIRCRAFT (USD THOUSAND)      70

TABLE 8                ULTRALIGHT AND LIGHT AIRCRAFT MARKET: KEY CONFERENCES

AND EVENTS, 2025           74

TABLE 9                NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  76

TABLE 10              EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  76

TABLE 11              ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  77

TABLE 12              MIDDLE EAST: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  77

TABLE 13              INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF ULTRALIGHT

AND LIGHT AIRCRAFT (%)           78

TABLE 14              KEY BUYING CRITERIA FOR ULTRALIGHT AND LIGHT AIRCRAFT TYPES               79

TABLE 15              BUSINESS MODELS IN ULTRALIGHT AND LIGHT AIRCRAFT MARKET         81

TABLE 16              MAJOR DEVELOPMENTS IN DRONE TAXIES                 91

TABLE 17              PATENT REGISTRATIONS, 2020–2024       96

TABLE 18              ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM, 2020–2023 (USD MILLION)          99

TABLE 19              ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM, 2024–2029 (USD MILLION)          100

TABLE 20              ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM, 2020–2023 (UNITS)         100

TABLE 21              ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM, 2024–2029 (UNITS)         100

TABLE 22              AEROLITE 103: SPECIFICATIONS               101

TABLE 23              CESSNA 162 SKYCATCHER: SPECIFICATIONS                 102

TABLE 24              DA 40 NG: SPECIFICATIONS        103

TABLE 25              KING AIR 260: SPECIFICATIONS 103

TABLE 26              LIGHT AIRCRAFT MARKET, BY MTOW, 2020–2023 (USD MILLION) 104

TABLE 27              LIGHT AIRCRAFT MARKET, BY MTOW, 2024–2029 (USD MILLION) 104

TABLE 28              ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AFTERMARKET,

2020–2023 (USD MILLION)            104

TABLE 29              ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY AFTERMARKET,

2024–2029 (USD MILLION)            104

TABLE 30              ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY SYSTEM,

2020–2023 (USD MILLION)            107

TABLE 31              ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY SYSTEM,

2024–2029 (USD MILLION)            107

TABLE 32              ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION,

2020–2023 (USD MILLION)            110

TABLE 33              ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION,

2024–2029 (USD MILLION)            110

TABLE 34              ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY TECHNOLOGY,

2020–2023 (USD MILLION)            113

TABLE 35              ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY TECHNOLOGY,

2024–2029 (USD MILLION)            113

TABLE 36              ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION,

2020–2023 (USD MILLION)            116

TABLE 37              ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION,

2024–2029 (USD MILLION)          116

TABLE 38              ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY ELECTRIC-HYBRID PROPULSION,  2020–2023 (USD MILLION)            117

TABLE 39              ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY ELECTRIC-HYBRID PROPULSION,  2024–2029 (USD MILLION)            117

TABLE 40              ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY CONVENTIONAL FUEL,

2020–2023 (USD MILLION)            119

TABLE 41              ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY CONVENTIONAL FUEL,

2024–2029 (USD MILLION)            119

TABLE 42              ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,

2020–2023 (USD MILLION)            122

TABLE 43              ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,

2024–2029 (USD MILLION)            122

TABLE 44              ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY CIVIL & COMMERCIAL END USE,  2020–2023 (USD MILLION)                 123

TABLE 45              ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY CIVIL & COMMERCIAL END USE,  2024–2029 (USD MILLION)                 123

TABLE 46              ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY MILITARY END USE,

2020–2023 (USD MILLION)            127

TABLE 47              ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY MILITARY END USE,

2024–2029 (USD MILLION)            127

TABLE 48              ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY MATERIAL,

2020–2023 (USD MILLION)            131

TABLE 49              ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY MATERIAL,

2024–2029 (USD MILLION)            131

TABLE 50              ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY REGION,

2020–2023 (USD MILLION)            135

TABLE 51              ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY REGION,

2024–2029 (USD MILLION)            135

TABLE 52              NORTH AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY COUNTRY,  2020–2023 (USD MILLION)                 137

TABLE 53              NORTH AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY COUNTRY,  2024–2029 (USD MILLION)                 138

TABLE 54              NORTH AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,

2020–2023 (USD MILLION)            138

TABLE 55              NORTH AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,

2024–2029 (USD MILLION)            138

TABLE 56              NORTH AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,  2020–2023 (USD MILLION)                 138

TABLE 57              NORTH AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,  2024–2029 (USD MILLION)                 139

TABLE 58              NORTH AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET FOR CIVIL & COMMERCIAL END USE, 2020–2023 (USD MILLION)       139

TABLE 59              NORTH AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET FOR CIVIL & COMMERCIAL END USE, 2024–2029 (USD MILLION)       139

TABLE 60              NORTH AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET FOR

MILITARY END USE, 2020–2023 (USD MILLION)  140

TABLE 61              NORTH AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET FOR

MILITARY END USE, 2024–2029 (USD MILLION)  140

TABLE 62              NORTH AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2020–2023 (USD MILLION)            140

TABLE 63              NORTH AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2024–2029 (USD MILLION)            141

TABLE 64              NORTH AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY TECHNOLOGY,  2020–2023 (USD MILLION)            141

TABLE 65              NORTH AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY TECHNOLOGY,  2024–2029 (USD MILLION)            141

TABLE 66              NORTH AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY MATERIAL,  2020–2023 (USD MILLION)                 141

TABLE 67              NORTH AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY MATERIAL,  2024–2029 (USD MILLION)                 142

TABLE 68              NORTH AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY SYSTEM,

2020–2023 (USD MILLION)            142

TABLE 69              NORTH AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY SYSTEM,

2024–2029 (USD MILLION)            142

TABLE 70              US: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,

2020–2023 (USD MILLION)            143

TABLE 71              US: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,

2024–2029 (USD MILLION)            143

TABLE 72              US: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,

2020–2023 (USD MILLION)            143

TABLE 73              US: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,

2024–2029 (USD MILLION)            143

TABLE 74              US: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION,

2020–2023 (USD MILLION)            144

TABLE 75              US: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION,

2024–2029 (USD MILLION)            144

TABLE 76              US: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION,

2020–2023 (USD MILLION)            144

TABLE 77              US: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION,

2024–2029 (USD MILLION)            144

TABLE 78              CANADA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,

2020–2023 (USD MILLION)            145

TABLE 79              CANADA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,

2024–2029 (USD MILLION)            145

TABLE 80              CANADA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,

2020–2023 (USD MILLION)            145

TABLE 81              CANADA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,

2024–2029 (USD MILLION)            146

TABLE 82              CANADA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION,  2020–2023 (USD MILLION)                 146

TABLE 83              CANADA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION,  2024–2029 (USD MILLION)                 146

TABLE 84              CANADA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION,

2020–2023 (USD MILLION)            146

TABLE 85              CANADA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION,

2024–2029 (USD MILLION)            147

TABLE 86              EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY COUNTRY,

2020–2023 (USD MILLION)            150

TABLE 87              EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            150

TABLE 88              EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,

2020–2023 (USD MILLION)            150

TABLE 89              EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,

2024–2029 (USD MILLION)            151

TABLE 90              EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,

2020–2023 (USD MILLION)            151

TABLE 91              EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,

2024–2029 (USD MILLION)            151

TABLE 92              EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET FOR CIVIL & COMMERCIAL END USE, 2020–2023 (USD MILLION)            151

TABLE 93              EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET FOR CIVIL & COMMERCIAL END USE, 2024–2029 (USD MILLION)            152

TABLE 94              EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET FOR MILITARY END USE, 2020–2023 (USD MILLION)                 152

TABLE 95              EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET FOR MILITARY END USE,  2024–2029 (USD MILLION)                 152

TABLE 96              EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION,  2020–2023 (USD MILLION)                 153

TABLE 97              EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION,  2024–2029 (USD MILLION)                 153

TABLE 98              EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY TECHNOLOGY,

2020–2023 (USD MILLION)            153

TABLE 99              EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY TECHNOLOGY,

2024–2029 (USD MILLION)            153

TABLE 100            EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY MATERIAL,

2020–2023 (USD MILLION)            154

TABLE 101            EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY MATERIAL,

2024–2029 (USD MILLION)            154

TABLE 102            EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY SYSTEM,

2020–2023 (USD MILLION)            154

TABLE 103            EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY SYSTEM,

2024–2029 (USD MILLION)            154

TABLE 104            EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION,

2020–2023 (USD MILLION)            155

TABLE 105            EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION,

2024–2029 (USD MILLION)            155

TABLE 106            UK: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,

2020–2023 (USD MILLION)            155

TABLE 107            UK: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,

2024–2029 (USD MILLION)            156

TABLE 108            UK: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,

2020–2023 (USD MILLION)            156

TABLE 109            UK: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,

2024–2029 (USD MILLION)            156

TABLE 110            UK: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION,

2020–2023 (USD MILLION)            156

TABLE 111            UK: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION,

2024–2029 (USD MILLION)            157

TABLE 112            UK: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION,

2020–2023 (USD MILLION)            157

TABLE 113            UK: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION,

2024–2029 (USD MILLION)            157

TABLE 114            FRANCE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,

2020–2023 (USD MILLION)            158

TABLE 115            FRANCE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,

2024–2029 (USD MILLION)            158

TABLE 116            FRANCE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,

2020–2023 (USD MILLION)            158

TABLE 117            FRANCE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,

2024–2029 (USD MILLION)            158

TABLE 118            FRANCE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION,  2020–2023 (USD MILLION)                 159

TABLE 119            FRANCE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION,  2024–2029 (USD MILLION)                 159

TABLE 120            FRANCE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION,

2020–2023 (USD MILLION)            159

TABLE 121            FRANCE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION,

2024–2029 (USD MILLION)            159

TABLE 122            GERMANY: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,

2020–2023 (USD MILLION)            160

TABLE 123            GERMANY: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,

2024–2029 (USD MILLION)            160

TABLE 124            GERMANY: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,

2020–2023 (USD MILLION)            160

TABLE 125            GERMANY: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,

2024–2029 (USD MILLION)            161

TABLE 126            GERMANY: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION,  2020–2023 (USD MILLION)                 161

TABLE 127            GERMANY: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION,  2024–2029 (USD MILLION)                 161

TABLE 128            GERMANY: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION,

2020–2023 (USD MILLION)            161

TABLE 129            GERMANY: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION,

2024–2029 (USD MILLION)            162

TABLE 130            RUSSIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,

2020–2023 (USD MILLION)            162

TABLE 131            RUSSIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,

2024–2029 (USD MILLION)            162

TABLE 132            RUSSIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,

2020–2023 (USD MILLION)            163

TABLE 133            RUSSIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,

2024–2029 (USD MILLION)            163

TABLE 134            RUSSIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION,  2020–2023 (USD MILLION)                 163

TABLE 135            RUSSIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION,  2024–2029 (USD MILLION)                 163

TABLE 136            RUSSIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION,

2020–2023 (USD MILLION)            164

TABLE 137            RUSSIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION,

2024–2029 (USD MILLION)            164

TABLE 138            ITALY: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,

2020–2023 (USD MILLION)            164

TABLE 139            ITALY: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,

2024–2029 (USD MILLION)            165

TABLE 140            ITALY: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,

2020–2023 (USD MILLION)            165

TABLE 141            ITALY: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,

2024–2029 (USD MILLION)            165

TABLE 142            ITALY: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION,

2020–2023 (USD MILLION)            165

TABLE 143            ITALY: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION,

2024–2029 (USD MILLION)            166

TABLE 144            ITALY: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION,

2020–2023 (USD MILLION)            166

TABLE 145            ITALY: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION,

2024–2029 (USD MILLION)            166

TABLE 146            SPAIN: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,

2020–2023 (USD MILLION)            167

TABLE 147            SPAIN: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,

2024–2029 (USD MILLION)            167

TABLE 148            SPAIN: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,

2020–2023 (USD MILLION)            167

TABLE 149            SPAIN: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,

2024–2029 (USD MILLION)            167

TABLE 150            SPAIN: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION,  2020–2023 (USD MILLION)                 168

TABLE 151            SPAIN: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION,  2024–2029 (USD MILLION)                 168

TABLE 152            SPAIN: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION,

2020–2023 (USD MILLION)            168

TABLE 153            SPAIN: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION,

2024–2029 (USD MILLION)            168

TABLE 154            REST OF EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,

2020–2023 (USD MILLION)            169

TABLE 155            REST OF EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,

2024–2029 (USD MILLION)            169

TABLE 156            REST OF EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,  2020–2023 (USD MILLION)                 169

TABLE 157            REST OF EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,  2024–2029 (USD MILLION)                 170

TABLE 158            REST OF EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION,  2020–2023 (USD MILLION)            170

TABLE 159            REST OF EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION,  2024–2029 (USD MILLION)            170

TABLE 160            REST OF EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION,  2020–2023 (USD MILLION)            170

TABLE 161            REST OF EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION,  2024–2029 (USD MILLION)            171

TABLE 162            ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY COUNTRY,

2020–2023 (USD MILLION)            173

TABLE 163            ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            174

TABLE 164            ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,

2020–2023 (USD MILLION)            174

TABLE 165            ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,

2024–2029 (USD MILLION)            174

TABLE 166            ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,

2020–2023 (USD MILLION)            174

TABLE 167            ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,

2024–2029 (USD MILLION)            175

TABLE 168            ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT MARKET FOR CIVIL & COMMERCIAL  END USE, 2020–2023 (USD MILLION)       175

TABLE 169            ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT MARKET FOR CIVIL & COMMERCIAL END USE, 2024–2029 (USD MILLION)       175

TABLE 170            ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT MARKET FOR MILITARY END USE,  2020–2023 (USD MILLION)            176

TABLE 171            ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT MARKET FOR MILITARY END USE,  2024–2029 (USD MILLION)            176

TABLE 172            ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION,  2020–2023 (USD MILLION)            176

TABLE 173            ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION,  2024–2029 (USD MILLION)            176

TABLE 174            ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY TECHNOLOGY,  2020–2023 (USD MILLION)            177

TABLE 175            ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY TECHNOLOGY,  2024–2029 (USD MILLION)            177

TABLE 176            ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY MATERIAL,

2020–2023 (USD MILLION)            177

TABLE 177            ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY MATERIAL,

2024–2029 (USD MILLION)            177

TABLE 178            ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY SYSTEM,

2020–2023 (USD MILLION)            178

TABLE 179            ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY SYSTEM,

2024–2029 (USD MILLION)          178

TABLE 180            ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION,  2020–2023 (USD MILLION)            178

TABLE 181            ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION,  2024–2029 (USD MILLION)            178

TABLE 182            CHINA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,

2020–2023 (USD MILLION)            179

TABLE 183            CHINA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,

2024–2029 (USD MILLION)            179

TABLE 184            CHINA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,

2020–2023 (USD MILLION)            179

TABLE 185            CHINA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,

2024–2029 (USD MILLION)            180

TABLE 186            CHINA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION,  2020–2023 (USD MILLION)                 180

TABLE 187            CHINA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION,  2024–2029 (USD MILLION)                 180

TABLE 188            CHINA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION,

2020–2023 (USD MILLION)            180

TABLE 189            CHINA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION,

2024–2029 (USD MILLION)            181

TABLE 190            INDIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,

2020–2023 (USD MILLION)            181

TABLE 191            INDIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,

2024–2029 (USD MILLION)            181

TABLE 192            INDIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,

2020–2023 (USD MILLION)            182

TABLE 193            INDIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,

2024–2029 (USD MILLION)            182

TABLE 194            INDIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION,

2020–2023 (USD MILLION)            182

TABLE 195            INDIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION,

2024–2029 (USD MILLION)            182

TABLE 196            INDIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION,

2020–2023 (USD MILLION)            183

TABLE 197            INDIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION,

2024–2029 (USD MILLION)            183

TABLE 198            JAPAN: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,

2020–2023 (USD MILLION)            183

TABLE 199            JAPAN: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,

2024–2029 (USD MILLION)            184

TABLE 200            JAPAN: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,

2020–2023 (USD MILLION)            184

TABLE 201            JAPAN: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,

2024–2029 (USD MILLION)            184

TABLE 202            JAPAN: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION,  2020–2023 (USD MILLION)                 184

TABLE 203            JAPAN: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION,  2024–2029 (USD MILLION)                 185

TABLE 204            JAPAN: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION,

2020–2023 (USD MILLION)          185

TABLE 205            JAPAN: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION,

2024–2029 (USD MILLION)            185

TABLE 206            AUSTRALIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,

2020–2023 (USD MILLION)            186

TABLE 207            AUSTRALIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,

2024–2029 (USD MILLION)            186

TABLE 208            AUSTRALIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,

2020–2023 (USD MILLION)            186

TABLE 209            AUSTRALIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,

2024–2029 (USD MILLION)            186

TABLE 210            AUSTRALIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION,  2020–2023 (USD MILLION)            187

TABLE 211            AUSTRALIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION,  2024–2029 (USD MILLION)            187

TABLE 212            AUSTRALIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION,

2020–2023 (USD MILLION)            187

TABLE 213            AUSTRALIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION,

2024–2029 (USD MILLION)            187

TABLE 214            SOUTH KOREA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,

2020–2023 (USD MILLION)            188

TABLE 215            SOUTH KOREA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,

2024–2029 (USD MILLION)            188

TABLE 216            SOUTH KOREA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,

2020–2023 (USD MILLION)            188

TABLE 217            SOUTH KOREA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,

2024–2029 (USD MILLION)            189

TABLE 218            SOUTH KOREA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION,  2020–2023 (USD MILLION)            189

TABLE 219            SOUTH KOREA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION,  2024–2029 (USD MILLION)            189

TABLE 220            SOUTH KOREA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION,  2020–2023 (USD MILLION)            189

TABLE 221            SOUTH KOREA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION,  2024–2029 (USD MILLION)            190

TABLE 222            REST OF ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT MARKET,

BY OEM,  2020–2023 (USD MILLION)       190

TABLE 223            REST OF ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT MARKET,

BY OEM,  2024–2029 (USD MILLION)       190

TABLE 224            REST OF ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,  2020–2023 (USD MILLION)            190

TABLE 225            REST OF ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,  2024–2029 (USD MILLION)            191

TABLE 226            REST OF ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2020–2023 (USD MILLION) 191

TABLE 227            REST OF ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2024–2029 (USD MILLION) 191

TABLE 228            REST OF ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT MARKET,

BY PROPULSION,  2020–2023 (USD MILLION)     191

TABLE 229            REST OF ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT MARKET,

BY PROPULSION,  2024–2029 (USD MILLION)     192

TABLE 230            MIDDLE EAST: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY COUNTRY,

2020–2023 (USD MILLION)            193

TABLE 231            MIDDLE EAST: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            193

TABLE 232            MIDDLE EAST: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,

2020–2023 (USD MILLION)            193

TABLE 233            MIDDLE EAST: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,

2024–2029 (USD MILLION)            193

TABLE 234            MIDDLE EAST: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,

2020–2023 (USD MILLION)            194

TABLE 235            MIDDLE EAST: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,

2024–2029 (USD MILLION)            194

TABLE 236            MIDDLE EAST: ULTRALIGHT AND LIGHT AIRCRAFT MARKET FOR CIVIL &  COMMERCIAL END USE, 2020–2023 (USD MILLION)       194

TABLE 237            MIDDLE EAST: ULTRALIGHT AND LIGHT AIRCRAFT MARKET FOR CIVIL & COMMERCIAL  END USE, 2024–2029 (USD MILLION)       195

TABLE 238            MIDDLE EAST: ULTRALIGHT AND LIGHT AIRCRAFT MARKET FOR MILITARY END USE, 2020–2023 (USD MILLION)            195

TABLE 239            MIDDLE EAST: ULTRALIGHT AND LIGHT AIRCRAFT MARKET FOR MILITARY END USE, 2024–2029 (USD MILLION)            195

TABLE 240            MIDDLE EAST: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2020–2023 (USD MILLION)            196

TABLE 241            MIDDLE EAST: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION,  2024–2029 (USD MILLION)            196

TABLE 242            MIDDLE EAST: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY TECHNOLOGY,  2020–2023 (USD MILLION)            196

TABLE 243            MIDDLE EAST: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY TECHNOLOGY,  2024–2029 (USD MILLION)            196

TABLE 244            MIDDLE EAST: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY MATERIAL,

2020–2023 (USD MILLION)            197

TABLE 245            MIDDLE EAST: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY MATERIAL,

2024–2029 (USD MILLION)            197

TABLE 246            MIDDLE EAST: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY SYSTEM,

2020–2023 (USD MILLION)            197

TABLE 247            MIDDLE EAST: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY SYSTEM,

2024–2029 (USD MILLION)            197

TABLE 248            UAE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,

2020–2023 (USD MILLION)            199

TABLE 249            UAE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,

2024–2029 (USD MILLION)            199

TABLE 250            UAE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,

2020–2023 (USD MILLION)            199

TABLE 251            UAE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,

2024–2029 (USD MILLION)            200

TABLE 252            UAE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION,

2020–2023 (USD MILLION)            200

TABLE 253            UAE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION,

2024–2029 (USD MILLION)            200

TABLE 254            UAE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION,

2020–2023 (USD MILLION)            200

TABLE 255            UAE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION,

2024–2029 (USD MILLION)            201

TABLE 256            SAUDI ARABIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,

2020–2023 (USD MILLION)            201

TABLE 257            SAUDI ARABIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,

2024–2029 (USD MILLION)            201

TABLE 258            SAUDI ARABIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,

2020–2023 (USD MILLION)            202

TABLE 259            SAUDI ARABIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,

2024–2029 (USD MILLION)            202

TABLE 260            SAUDI ARABIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION,  2020–2023 (USD MILLION)            202

TABLE 261            SAUDI ARABIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION,  2024–2029 (USD MILLION)            202

TABLE 262            SAUDI ARABIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION,  2020–2023 (USD MILLION)            203

TABLE 263            SAUDI ARABIA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION,  2024–2029 (USD MILLION)            203

TABLE 264            REST OF MIDDLE EAST: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,  2020–2023 (USD MILLION)                 203

TABLE 265            REST OF MIDDLE EAST: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,  2024–2029 (USD MILLION)                 203

TABLE 266            REST OF MIDDLE EAST: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,  2020–2023 (USD MILLION)            204

TABLE 267            REST OF MIDDLE EAST: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,  2024–2029 (USD MILLION)            204

TABLE 268            REST OF MIDDLE EAST: ULTRALIGHT AND LIGHT AIRCRAFT MARKET,  BY FLIGHT OPERATION, 2020–2023 (USD MILLION) 204

TABLE 269            REST OF MIDDLE EAST: ULTRALIGHT AND LIGHT AIRCRAFT MARKET,  BY FLIGHT OPERATION, 2024–2029 (USD MILLION) 204

TABLE 270            REST OF MIDDLE EAST: ULTRALIGHT AND LIGHT AIRCRAFT MARKET,

BY PROPULSION,  2020–2023 (USD MILLION)     205

TABLE 271            REST OF MIDDLE EAST: ULTRALIGHT AND LIGHT AIRCRAFT MARKET,

BY PROPULSION,  2024–2029 (USD MILLION)     205

TABLE 272            AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY COUNTRY,

2020–2023 (USD MILLION)            206

TABLE 273            AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            207

TABLE 274            AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,

2020–2023 (USD MILLION)            207

TABLE 275            AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,

2024–2029 (USD MILLION)            207

TABLE 276            AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,

2020–2023 (USD MILLION)            207

TABLE 277            AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,

2024–2029 (USD MILLION)            208

TABLE 278            AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET FOR CIVIL & COMMERCIAL END USE, 2020–2023 (USD MILLION)            208

TABLE 279            AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET FOR CIVIL & COMMERCIAL END USE, 2024–2029 (USD MILLION)            208

TABLE 280            AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET FOR MILITARY END USE,  2020–2023 (USD MILLION)                 209

TABLE 281            AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET FOR MILITARY END USE,  2024–2029 (USD MILLION)                 209

TABLE 282            AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION,  2020–2023 (USD MILLION)                 209

TABLE 283            AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION,  2024–2029 (USD MILLION)                 209

TABLE 284            AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY TECHNOLOGY,

2020–2023 (USD MILLION)            210

TABLE 285            AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY TECHNOLOGY,

2024–2029 (USD MILLION)            210

TABLE 286            AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY MATERIAL,

2020–2023 (USD MILLION)            210

TABLE 287            AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY MATERIAL,

2024–2029 (USD MILLION)            210

TABLE 288            AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY SYSTEM,

2020–2023 (USD MILLION)            211

TABLE 289            AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY SYSTEM,

2024–2029 (USD MILLION)            211

TABLE 290            AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION,

2020–2023 (USD MILLION)            211

TABLE 291            AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION,

2024–2029 (USD MILLION)            211

TABLE 292            SOUTH AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,

2020–2023 (USD MILLION)            213

TABLE 293            SOUTH AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,

2024–2029 (USD MILLION)            213

TABLE 294            SOUTH AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,

2020–2023 (USD MILLION)            214

TABLE 295            SOUTH AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,

2024–2029 (USD MILLION)            214

TABLE 296            SOUTH AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION,  2020–2023 (USD MILLION)            214

TABLE 297            SOUTH AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION,  2024–2029 (USD MILLION)            214

TABLE 298            SOUTH AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION,  2020–2023 (USD MILLION)            215

TABLE 299            SOUTH AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION,  2024–2029 (USD MILLION)            215

TABLE 300            REST OF AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,

2020–2023 (USD MILLION)            215

TABLE 301            REST OF AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,

2024–2029 (USD MILLION)            216

TABLE 302            REST OF AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,  2020–2023 (USD MILLION)                 216

TABLE 303            REST OF AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,  2024–2029 (USD MILLION)                 216

TABLE 304            REST OF AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION,  2020–2023 (USD MILLION)            216

TABLE 305            REST OF AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION,  2024–2029 (USD MILLION)            217

TABLE 306            REST OF AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION,  2020–2023 (USD MILLION)            217

TABLE 307            REST OF AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION,  2024–2029 (USD MILLION)            217

TABLE 308            LATIN AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY COUNTRY,

2020–2023 (USD MILLION)            219

TABLE 309            LATIN AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            220

TABLE 310            LATIN AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,

2020–2023 (USD MILLION)            220

TABLE 311            LATIN AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,

2024–2029 (USD MILLION)            220

TABLE 312            LATIN AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,

2020–2023 (USD MILLION)            220

TABLE 313            LATIN AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,

2024–2029 (USD MILLION)          221

TABLE 314            LATIN AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET FOR CIVIL & COMMERCIAL END USE, 2020–2023 (USD MILLION)       221

TABLE 315            LATIN AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET FOR CIVIL & COMMERCIAL END USE, 2024–2029 (USD MILLION)       221

TABLE 316            LATIN AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET FOR MILITARY END USE, 2020–2023 (USD MILLION)            222

TABLE 317            LATIN AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET FOR MILITARY END USE, 2024–2029 (USD MILLION)            222

TABLE 318            LATIN AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2020–2023 (USD MILLION)            222

TABLE 319            LATIN AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION, 2024–2029 (USD MILLION)            223

TABLE 320            LATIN AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY TECHNOLOGY,  2020–2023 (USD MILLION)            223

TABLE 321            LATIN AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY TECHNOLOGY,  2024–2029 (USD MILLION)            223

TABLE 322            LATIN AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY MATERIAL,  2020–2023 (USD MILLION)                 223

TABLE 323            LATIN AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY MATERIAL,  2024–2029 (USD MILLION)                 224

TABLE 324            LATIN AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY SYSTEM,

2020–2023 (USD MILLION)            224

TABLE 325            LATIN AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY SYSTEM,

2024–2029 (USD MILLION)            224

TABLE 326            BRAZIL: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,

2020–2023 (USD MILLION)            225

TABLE 327            BRAZIL: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,

2024–2029 (USD MILLION)            225

TABLE 328            BRAZIL: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,

2020–2023 (USD MILLION)            225

TABLE 329            BRAZIL: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,

2024–2029 (USD MILLION)            226

TABLE 330            BRAZIL: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION,  2020–2023 (USD MILLION)                 226

TABLE 331            BRAZIL: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION,  2024–2029 (USD MILLION)                 226

TABLE 332            BRAZIL: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION,

2020–2023 (USD MILLION)            226

TABLE 333            BRAZIL: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION,

2024–2029 (USD MILLION)            227

TABLE 334            MEXICO: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,

2020–2023 (USD MILLION)            227

TABLE 335            MEXICO: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,

2024–2029 (USD MILLION)          227

TABLE 336            MEXICO: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,

2020–2023 (USD MILLION)            228

TABLE 337            MEXICO: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,

2024–2029 (USD MILLION)            228

TABLE 338            MEXICO: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION,  2020–2023 (USD MILLION)                 228

TABLE 339            MEXICO: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION,  2024–2029 (USD MILLION)                 228

TABLE 340            MEXICO: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION,

2020–2023 (USD MILLION)            229

TABLE 341            MEXICO: ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION,

2024–2029 (USD MILLION)            229

TABLE 342            REST OF LATIN AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET,

BY OEM,  2020–2023 (USD MILLION)       229

TABLE 343            REST OF LATIN AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET,

BY OEM,  2024–2029 (USD MILLION)       230

TABLE 344            REST OF LATIN AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET,

BY END USE,  2020–2023 (USD MILLION)               230

TABLE 345            REST OF LATIN AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET,

BY END USE,  2024–2029 (USD MILLION)               230

TABLE 346            REST OF LATIN AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET,

BY FLIGHT OPERATION, 2020–2023 (USD MILLION)          230

TABLE 347            REST OF LATIN AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET,

BY FLIGHT OPERATION, 2024–2029 (USD MILLION)          231

TABLE 348            REST OF LATIN AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET,

BY PROPULSION,  2020–2023 (USD MILLION)     231

TABLE 349            REST OF LATIN AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET,

BY PROPULSION,  2024–2029 (USD MILLION)     231

TABLE 350            KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024        232

TABLE 351            ULTRALIGHT AND LIGHT AIRCRAFT MARKET: DEGREE OF COMPETITION         235

TABLE 352            ULTRALIGHT AND LIGHT AIRCRAFT MARKET: OEM FOOTPRINT             240

TABLE 353            ULTRALIGHT AND LIGHT AIRCRAFT MARKET: TECHNOLOGY FOOTPRINT        240

TABLE 354            ULTRALIGHT AND LIGHT AIRCRAFT MARKET: MATERIAL FOOTPRINT 241

TABLE 355            ULTRALIGHT AND LIGHT AIRCRAFT MARKET: REGION FOOTPRINT     242

TABLE 356            ULTRALIGHT AND LIGHT AIRCRAFT MARKET: LIST OF START-UPS/SMES           245

TABLE 357            ULTRALIGHT AND LIGHT AIRCRAFT MARKET: COMPETITIVE BENCHMARKING OF START-UPS/SMES   246

TABLE 358            ULTRALIGHT AND LIGHT AIRCRAFT MARKET: PRODUCT LAUNCHES/DEVELOPMENTS/ENHANCEMENTS, JANUARY 2020–OCTOBER 2024   248

TABLE 359            ULTRALIGHT AND LIGHT AIRCRAFT MARKET: DEALS, JANUARY 2020–

OCTOBER 2024  249

TABLE 360            ULTRALIGHT AND LIGHT AIRCRAFT MARKET: OTHER DEVELOPMENTS, JANUARY 2020–OCTOBER 2024                 251

TABLE 361            CIRRUS AIRCRAFT: COMPANY OVERVIEW                 255

TABLE 362            CIRRUS AIRCRAFT: PRODUCTS/SOLUTIONS/SERVICES OFFERED    255

TABLE 363            CIRRUS AIRCRAFT: OTHER DEVELOPMENTS                 256

TABLE 364            COSTRUZIONI AERONAUTICHE TECNAM SPA: COMPANY OVERVIEW   257

TABLE 365            COSTRUZIONI AERONAUTICHE TECNAM SPA: PRODUCTS/SOLUTIONS/

SERVICES OFFERED        257

TABLE 366            COSTRUZIONI AERONAUTICHE TECNAM SPA: PRODUCT LAUNCHES   258

TABLE 367            COSTRUZIONI AERONAUTICHE TECNAM SPA: DEALS  258

TABLE 368            COSTRUZIONI AERONAUTICHE TECNAM SPA: OTHER DEVELOPMENTS              258

TABLE 369            TEXTRON INC.: COMPANY OVERVIEW   260

TABLE 370            TEXTRON INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    261

TABLE 371            TEXTRON INC.: PRODUCT LAUNCHES/DEVELOPMENTS/ENHANCEMENTS               262

TABLE 372            TEXTRON INC.: DEALS  263

TABLE 373            TEXTRON INC.: OTHER DEVELOPMENTS                 263

TABLE 374            PILATUS AIRCRAFT: COMPANY OVERVIEW                 267

TABLE 375            PILATUS AIRCRAFT: PRODUCTS/SOLUTIONS/SERVICES OFFERED    268

TABLE 376            PILATUS AIRCRAFT: DEALS         268

TABLE 377            PILATUS AIRCRAFT: OTHER DEVELOPMENTS                 269

TABLE 378            PIPER AIRCRAFT, INC.: COMPANY OVERVIEW                 271

TABLE 379            PIPER AIRCRAFT, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    271

TABLE 380            PIPER AIRCRAFT, INC.: PRODUCT LAUNCHES                 272

TABLE 381            PIPER AIRCRAFT, INC.: OTHER DEVELOPMENTS                 272

TABLE 382            EVEKTOR AEROTECHNIK: COMPANY OVERVIEW          274

TABLE 383            EVEKTOR AEROTECHNIK: PRODUCTS/SOLUTIONS/ SERVICES OFFERED   274

TABLE 384            EVEKTOR AEROTECHNIK: DEALS             274

TABLE 385            EVEKTOR AEROTECHNIK: OTHER DEVELOPMENTS              275

TABLE 386            AMERICAN LEGEND AIRCRAFT CO.: COMPANY OVERVIEW          276

TABLE 387            AMERICAN LEGEND AIRCRAFT CO.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    276

TABLE 388            THRUST AIRCRAFT PRIVATE LIMITED: COMPANY OVERVIEW   277

TABLE 389            THRUST AIRCRAFT PRIVATE LIMITED: PRODUCTS/ SOLUTIONS/SERVICES OFFERED   277

TABLE 390            AIR TRACTOR: COMPANY OVERVIEW    278

TABLE 391            AIR TRACTOR: PRODUCTS/SOLUTIONS/SERVICES OFFERED    278

TABLE 392            AIR TRACTOR: OTHER DEVELOPMENTS                 279

TABLE 393            P&M AVIATION: COMPANY OVERVIEW 280

TABLE 394            P&M AVIATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED    280

TABLE 395            QUICKSILVER AIRCRAFT: COMPANY OVERVIEW                 281

TABLE 396            QUICKSILVER AIRCRAFT: PRODUCTS/SOLUTIONS/SERVICES OFFERED    281

TABLE 397            FLIGHT DESIGN GENERAL AVIATION GMBH: COMPANY OVERVIEW   282

TABLE 398            FLIGHT DESIGN GENERAL AVIATION GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED    282

TABLE 399            FLIGHT DESIGN GENERAL AVIATION GMBH: OTHER DEVELOPMENTS              282

TABLE 400            AEROPRO: COMPANY OVERVIEW             283

TABLE 401            AEROPRO: PRODUCTS/SOLUTIONS/SERVICES OFFERED             283

TABLE 402            AUTOGYRO GMBH: COMPANY OVERVIEW                 284

TABLE 403            AUTOGYRO GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED    284

TABLE 404            VULCANAIR: COMPANY OVERVIEW        285

TABLE 405            VULCANAIR: PRODUCTS/SOLUTIONS/SERVICES OFFERED    285

TABLE 406            HONDA AIRCRAFT COMPANY: COMPANY OVERVIEW          286

TABLE 407            HONDA AIRCRAFT COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED    286

LIST OF FIGURES

FIGURE 1              ULTRALIGHT AND LIGHT AIRCRAFT MARKET SEGMENTATION              35

FIGURE 2              REPORT PROCESS FLOW              39

FIGURE 3              ULTRALIGHT AND LIGHT AIRCRAFT MARKET: RESEARCH DESIGN         40

FIGURE 4              MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH              46

FIGURE 5              MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH                47

FIGURE 6              DATA TRIANGULATION METHODOLOGY                 49

FIGURE 7              AIRCRAFT SYSTEMS TO LEAD ULTRALIGHT AND LIGHT AIRCRAFT MARKET  DURING FORECAST PERIOD                 53

FIGURE 8              MANNED TECHNOLOGY SEGMENT TO LEAD ULTRALIGHT AND LIGHT AIRCRAFT MARKET BY 2029   54

FIGURE 9              CONVENTIONAL FUEL TO HOLD LARGER SHARE OF ULTRALIGHT AND LIGHT AIRCRAFT MARKET THAN ELECTRIC-HYBRID DURING FORECAST PERIOD                54

FIGURE 10            NORTH AMERICA TO ACCOUNT FOR LARGEST MARKET SHARE IN 2024 55

FIGURE 11            DEMAND FOR URBAN AIR MOBILITY AND PASSENGER DRONES TO DRIVE MARKET              56

FIGURE 12            ULTRALIGHT AIRCRAFT SEGMENT TO CAPTURE LARGER MARKET SHARE THAN LIGHT AIRCRAFT DURING FORECAST PERIOD       56

FIGURE 13            CTOL SEGMENT TO LEAD MARKET DURING FORECAST PERIOD         57

FIGURE 14            COMPOSITES TO BE LEADING MATERIAL SEGMENT DURING  FORECAST PERIOD              57

FIGURE 15            CIVIL & COMMERCIAL TO REGISTER HIGHER CAGR THAN MILITARY SEGMENT DURING FORECAST PERIOD                 58

FIGURE 16            ULTRALIGHT AND LIGHT AIRCRAFT MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES                 59

FIGURE 17            ULTRALIGHT AND LIGHT AIRCRAFT MARKET: VALUE CHAIN ANALYSIS               65

FIGURE 18            TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS   66

FIGURE 19            ULTRALIGHT AND LIGHT AIRCRAFT MARKET: ECOSYSTEM ANALYSIS  67

FIGURE 20            AVERAGE SELLING PRICE OF KEY PLAYERS FOR ULTRALIGHT AND  LIGHT AIRCRAFT   70

FIGURE 21            AVERAGE SELLING PRICE OF ULTRALIGHT AND LIGHT AIRCRAFT, BY REGION, 2020–2023 (USD MILLION)                 71

FIGURE 22            IMPORT DATA OF HS CODE 8802, BY COUNTRY, 2019–2023 (USD THOUSAND)      73

FIGURE 23            EXPORT DATA OF HS CODE 8802, BY COUNTRY, 2019–2023 (USD THOUSAND)      74

FIGURE 24            INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS OF ULTRALIGHT

AND LIGHT AIRCRAFT  78

FIGURE 25            KEY BUYING CRITERIA  78

FIGURE 26            KEY PLAYERS AND BUSINESS MODELS OPERATING IN ULTRALIGHT AND LIGHT AIRCRAFT MARKET                 81

FIGURE 27            INVESTMENT AND FUNDING SCENARIO, 2020–2024        83

FIGURE 28            GENERATIVE AI LANDSCAPE      84

FIGURE 29            ADOPTION OF GENERATIVE AI IN COMMERCIAL AVIATION BY TOP COUNTRIES   85

FIGURE 30            BILL OF MATERIALS FOR ULTRALIGHT AIRCRAFT            86

FIGURE 31            BILL OF MATERIALS FOR LIGHT AIRCRAFT                 87

FIGURE 32            EVOLUTION OF ULTRALIGHT AND LIGHT AIRCRAFT            88

FIGURE 33            ADOPTION OF ULTRALIGHT AND LIGHT AIRCRAFT TECHNOLOGY             88

FIGURE 34            HYBRID-ELECTRIC PROPULSION SYSTEM ARCHITECTURE                93

FIGURE 35            ALL-ELECTRIC PROPULSION SYSTEM ARCHITECTURE                94

FIGURE 36            NUMBER OF PATENTS GRANTED FOR ULTRALIGHT AND LIGHT AIRCRAFT

MARKET, 2014-2023          95

FIGURE 37            ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY OEM,  2024–2029 (USD MILLION)       99

FIGURE 38            ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY SYSTEM,

2024–2029 (USD MILLION)            107

FIGURE 39            ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY FLIGHT OPERATION,

2024–2029 (USD MILLION)            110

FIGURE 40            ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY TECHNOLOGY,

2024–2029 (USD MILLION)            113

FIGURE 41            ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY PROPULSION,

2024–2029 (USD MILLION)            116

FIGURE 42            ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY END USE,

2024–2029 (USD MILLION)            122

FIGURE 43            ULTRALIGHT AND LIGHT AIRCRAFT MARKET, BY MATERIAL,

2024–2029 (USD MILLION)            131

FIGURE 44            NORTH AMERICA TO ACCOUNT FOR LARGEST MARKET SHARE IN 2024 134

FIGURE 45            NORTH AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET SNAPSHOT 137

FIGURE 46            EUROPE: ULTRALIGHT AND LIGHT AIRCRAFT MARKET SNAPSHOT       149

FIGURE 47            ASIA PACIFIC: ULTRALIGHT AND LIGHT AIRCRAFT MARKET SNAPSHOT 173

FIGURE 48            MIDDLE EAST: ULTRALIGHT AND LIGHT AIRCRAFT MARKET SNAPSHOT 192

FIGURE 49            AFRICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET SNAPSHOT       206

FIGURE 50            LATIN AMERICA: ULTRALIGHT AND LIGHT AIRCRAFT MARKET SNAPSHOT 219

FIGURE 51            REVENUE ANALYSIS OF TOP 5 PLAYERS, 2020–2023        234

FIGURE 52            MARKET SHARE ANALYSIS OF KEY PLAYERS, 2023        235

FIGURE 53            COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023  238

FIGURE 54            ULTRALIGHT AND LIGHT AIRCRAFT MARKET: COMPANY FOOTPRINT 239

FIGURE 55            COMPANY EVALUATION MATRIX (START-UPS/SMES), 2023                244

FIGURE 56           VALUATION OF PROMINENT MARKET PLAYERS, 2023        247

FIGURE 57            FINANCIAL METRICS OF PROMINENT MARKET PLAYERS, 2023   247

FIGURE 58            BRAND/PRODUCT COMPARISON             248

FIGURE 59            TEXTRON INC.: COMPANY SNAPSHOT  260

FIGURE 60            PILATUS AIRCRAFT: COMPANY SNAPSHOT                 267