Glider Aircraft Market Outlook – 2027
A glider is a heavier-than-air aircraft, which is capable of sustained flight and can be both powered and non-powered. The free flight of the glider is supported by the dynamic reaction of the air against the lifting surface of the aircraft. The power gliders have small engines for extending their flight when required. A few variants of the power glider need the help of another aircraft for launching while others have the ability to take-off on their own. In addition, the non-powered gliders do not have an engine; they are generally launched with the help of other aircraft. Moreover, the glider aircraft market offers hand gliders that are foot-launched heavier-than-air aircraft, having a pilot tied with a harness, responsible for controlling the aircraft by shifting the body weight. The glider aircraft market is expected to experience growth with different variants applied in differing segments.
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Companies covered: DG Flugzeugbau GmbH, Pipistrel D.O.O.Ajdovèina, Lange Aviation GmbH, Cub Crafters, Alexander Schleicher GmbH & Co., Evektor spol s.r.o., AMS-Flight, Costruzioni Aeronautiche Tecnam S.R.L, AIRBORNE AUSTRALIA, Flight Design GmbH.
COVID-19 Scenario Analysis:
Glider aircraft production is anticipated to be more agile after the end of COVID-19.
The supply chain disruption is expected to affect the future growth of the companies due to lockdown.
The revenue is not being generated for the companies due to the ongoing pandemic resulting in a down surge of tourism and recreational activities, which will result in major losses across the year.
Companies have to deal on a significant margin basis to revive the market.
A huge monetary loss has been accounted for in the revenue generation of the glider aircraft companies due to the lockdown.
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Top Impacting Factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis
The demand for the glider aircraft market is driven by the growing enthusiasm toward adrenaline sports and the increasing participation of the people in outdoor recreational activities. In addition, the growth in adventure tourism is also propelling participation demand from many regions across the globe. Moreover, rise in government initiations to promote global tourism fosters the growth of glider aircraft. Glider aircrafts have been used in the military segment to carry troops and heavy equipment to war fields and combat zones. Growing security threats across national borders proliferate the demand for glider aircraft, therefore fostering the growth of the market.
The global glider aircraft market trends are as follows:
Growth in adventure tourism to foster the demand
The global tourism industry has been witnessing transitions in lifestyle and recreational activities from conventional tourism to adventure sports activities such as para jumping, sir racing, hang gliding, and others. Rise in awareness of people toward the benefits of outdoor recreational activities is inspiring people to participate more in such sports, which in turn boosts the growth of the glider aircraft market. In addition, factors such as a change in demographics, lifestyle, and increase in purchasing power among the middle-class population fosters the growth of the glider aircraft market.
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The constant demand from the military segment to boost the market
The military & defense segment is considered to raise a constant demand for the glider aircraft market during the forecast period owing to the application of such aircrafts in carrying troops and heavyweight material. Moreover, glider aircrafts come into action not only during war situations but have also been put to use during regular military exercises or other combat and rescue operations. Thus, it can be determined that glider aircraft constitute an important component of a nation’s military warfare. Also, the growing threat of national security across borders is fueling the demand to upgrade the existing military equipment with advanced technology. In addition, the military systems of many nations are strategically investing in R&D activities to maintain a competitive edge.
Key Benefits of the Report:
This study presents the analytical depiction of the global glider aircraft industry along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the global glider aircraft market share.
The current market is quantitatively analyzed from 2020 to 2027 to highlight the global glider aircraft market growth scenario.
Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed global glider aircraft market analysis based on competitive intensity and how the competition will take shape in the coming years.
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Questions Answered in the Glider aircraft Market Research Report:
What are the leading market players active in the glider aircraft market?
What the current trends will influence the market in the next few years?
What are the driving factors, restraints, and opportunities in the market?
What future projections would help in taking further strategic steps?
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