Very Light Aircraft (VLA) are small, lightweight aircraft designed for personal or recreational use, flight training, and short-distance travel. These aircraft typically have a maximum takeoff weight (MTOW) of less than 750 kilograms (1,650 pounds) and are often categorized as ultralights, microlights, or light sport aircraft. VLAs are characterized by their simplicity, affordability, and ease of operation, making them accessible to a wide range of pilots, including recreational flyers, flight schools, and enthusiasts.
According to the new market research report "Very Light Aircraft - Global Market Insights and Sales Trends 2024", published by QYResearch, the global Very Light Aircraft market size is projected to grow from USD 182 million in 2023 to USD 261 million by 2030, at a CAGR of 6.2% during the forecast period.
- Global Very Light Aircraft MarketSize(US$ Million), 2019-2030
Source: QYResearch, "Very Light Aircraft - Global Market Insights and Sales Trends 2024”
- Global Very Light Aircraft Top10Players Ranking and Market Share (Ranking is based on the revenue of 2023, continually updated)
Source: QYResearch, "Very Light Aircraft - Global Market Insights and Sales Trends 2024”
This report profiles key players of Very Light Aircraft such as Quicksilver Aircraft, Czech Aircraft Group, Flight Design, Jabiru Aircraft and JMB Aircraft, etc, accounting for 44% market share. Above figure shows the key players ranked by revenue in Very Light Aircraft.
Market Drivers:
Growing interest in recreational flying and personal aviation, driving demand for small and affordable aircraft.
Increasing popularity of light sport aircraft (LSA) and ultralight aviation communities, expanding the market for VLAs.
Advancements in materials, technology, and design leading to improved performance, safety, and reliability of VLAs.
Restraint:
Regulatory restrictions and certification requirements may limit the development and adoption of VLAs in certain regions.
Limited payload capacity and range compared to larger general aviation aircraft may restrict the utility of VLAs for some users, particularly for long-distance travel.
Competition from other forms of recreational aviation, such as drones and rotorcraft, may impact the market for VLAs.
Opportunity:
Emerging markets and regions with growing middle-class populations present opportunities for VLA manufacturers to expand their customer base.
Introduction of innovative designs, features, and technologies can differentiate VLAs in the market and attract new buyers.
Collaboration with flight schools, clubs, and recreational aviation organizations can promote VLA usage and stimulate market growth through training programs and events.
About The Authors
Yang Yang - Lead Author
Email: yangyang@qyresearch.com
About QYResearch
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 17 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.
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