ULTRALIGHT AIRCRAFT MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Market Concentration and Competitive Landscape

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Agricultural operations have increasingly adopted ultralight aircraft for various on-field activities such as crop dusting, spraying of pesticides, monitoring crops and livestock, and surveillance of remote farmlands. Unlike costly helicopters and small general aviation planes, ultralight aircraft can perform these tasks at a fraction of the operational expense making them attractive for cash-strapped farms. Their simplicity, STOL capabilities and low acquisition costs have led to a rise in their popularity among farmers for supporting day-to-day agricultural needs. Several developed economies with significant agricultural sectors such as the U.S., Brazil, and France have witnessed a growing demand from farms for specialized ultralights tailored for crop management purposes.

With rules becoming more flexible in many countries, allowing ultralights for commercial use, they are now commonly used for tasks like aerial spraying and monitoring. Many aircraft manufacturers have introduced new ultralight models with spray attachments, special coatings, and cameras to target this commercial customer segment. Meanwhile, several agrochemical and seed companies have tied up with ultralight makers to promote the aircraft for agricultural applications and provide complete solutions to farms.

• Textron Aviation Inc.
• Bombardier Inc.
• Cirrus Design Corporation
• Piper Aircraft, Inc.
• Pilatus Aircraft Ltd
• Mooney International Corporation
• Lancair International, Inc.
• Vulcanair S.p.A.
• Honda Aircraft Company
• Advanced Tactics Inc,
• Embraer S.A.
• Glasair Aviation USA, LLC