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Allied Market Research

Aerobatic Aircraft Market by Type (Single-engine and Kit) and Application (For Leisure Activities and Instructional): Global Opportunity Analysis and Industry Forecast, 2020–2027

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Aug 2021 | 617 Views
   
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COVID-19

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Aerobatic Aircraft Market Outlook - 2027

An aerobatic aircraft is an aerodyne used in aerobatics, both for flight exhibitions and aerobatic competitions that is more heavier-than-air aircraft. Aerobatic aircraft are used for training and by flight demonstration teams, which are often standard trainers or fighters. In addition, aerobatic aircraft are especially designed for aerobatics. Thus, aerobatic aircraft are less comparable than usual aircraft in terms of attributes, such as stability, carrying passengers, or endurance.

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2020–2027

  Base year considered

  2019

  Forecast period

  2021–2027

  Forecast units

  Value (USD)

  Segments covered

  Type, Application

  Regions covered

North America (US and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia Pacific (China, Japan, India, and the Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of LATAM), and Middle East and Africa

  Companies covered

Tomas Podesva Air, Vans Aircraft, Oskbes Mai ,American Champion Aircraft ,Extra Flugzeugproduktions, Waco Aircraft Corporation, Sukhoi Company, Blackwing Sweden, Pacific Aerospace, ENAER

 

COVID-19 scenario analysis:

  • he global market for aerobatic aircraft is severely impacted by the outbreak of the COVID-19 pandemic. T
  • The COVID-19 pandemic saw a decline in the economic growth in almost all the major countries, thus affecting consumer spending patterns. 
  • Owing to the lockdown implemented across various countries, national and international transport have been hampered, which has significantly impacted the supply chain of numerous industries across the globe, thereby increasing the supply–demand gap.
  • Moreover, OEMs and other raw material and spare parts manufacturers are unable to sell and manufacture products due to lockdown restrictions.
  • Thus, insufficiency in raw material supply is expected to hamper the production rate of aerobatic aircraft, which negatively impact the market growth.
  • However, this situation is expected to improve as government has started relaxing norms around the world for resuming business activities.

Top impacting factors: market scenario analysis, trends, drivers, and impact analysis:

There is a growing trend of aerobatic training among various armed forces around the world, because aerobatics enhances a pilot's ability to recover from unusual flight conditions, and thus is an element of many flight safety training programs for pilots. Therefore, aerobatics is taken for recreation as well as aerobatic competitions, a refereed sport.

Moreover, maneuvers performed by pilot are also considered significant in terms of gaining tactical knowledge. Maneuvers were found to allow aircraft to gain tactical advantage during aerial combat or dogfights between fighter aircraft.

In addition, many aircrafts can be used for both aerobatic and nonaerobatic or for general aviation purposes. Aerobatic aircraft such as Cessna 152 Aerobat, the R2160 Acrobin and others can be used for dual purposes: equipped to carrying passengers and luggage, as well as being capable of basic aerobatic figures.

Furthermore, armed forces around the world uses aerobatic prominently for showing their battle preparedness and their respective armed forces aerial prowess. Aerobatics are taught to military fighter pilots as a means of developing flying skills and for tactical use in combat. As many aerobatic maneuvers were indeed developed in military conflicts.

Global aerobatic aircraft market trends are as follows:

The Moscow-based Laros Design Bureau is developing a new aerobatic aircraft that meets high international standards. The Laros Design Bureau has been working on the new sports aircraft project .along with Sukhoi and Siberian Aviation Scientific Research Institute (SibNIA) that provided technical support at the design stage. Serial production of the new aircraft is scheduled for 2020. The designers have used the base of the best sports aircraft of the Soviet era – the Su-26, Su-29 and Su-31 types – all of which were produced by manufacturer Sukhoi between 1984 and 1997.

The aircraft are recognized as the best in the world, have unique design features in structural design and aerodynamics, a standard ejection seat system and can be operated and designed to withstand up to +12/-10 G. 

Since 2010, the company has been producing light aircraft for small and sporting aviators, powered hang gliders and gliders etc. In addition, in 2018, Design Bureau launched a promising development to create a re-usable space transport as part of the effective advancement of the Russian aerospace industry.

Key segments covered:

Segments

Subsegments

  Type

  • Single-engine
  • Kit

  Application

  • For Leisure Activities
  • Instructional

 

Key benefits of the report:

  • This study presents the analytical depiction of the global aerobatic aircraft market 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 detailed analysis of the global aerobatic aircraft market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight global aerobatic aircraft market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed global aerobatic aircraft market analysis depending on competitive intensity and how the competition will take shape in coming years. 

Questions answered in the global aerobatic aircraft market report:

  • Which are the leading players active in the global aerobatic aircraft market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the market?
  • What are the projections for the future that would help in taking further strategic steps?
 
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