Ultralight aircraft, also known as microlight aircraft or peso-plane, are basic light fixed-wing aircraft that are allowed to have a pilot’s license. Ultralight aircraft are smaller and lighter than conventional aircraft and provide users with an affordable option for recreational aviation. Ultralight aircraft have a simple design and a maximum take-off weight of 300 kilograms or less. Materials used include aluminum, composite fiber, and high-impact plastic.
The Global Ultralight Aircraft Market is estimated to be valued at US$ 9.54 Billion in 2024 and is expected to exhibit a CAGR of 9.6% over the forecast period 2024-2031.
Ultralight Aircraft Market Growth popularity of recreational aviation is a primary driver augmenting for ultralight aircraft. Their ease of operation, lower costs of purchase and maintenance compared to conventional aircraft are attracting more individuals to ultralight aviation as a hobby or means of leisure travel.
Major aircraft manufacturers are focusing on expanding their global footprint by establishing manufacturing facilities and distribution networks across regions like North America, Europe, and Asia Pacific. This is helping them tap new revenue streams and address the growing customer needs across international markets.
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