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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.
COVID-19 Scenario 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:
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.
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.
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Questions Answered in the Glider aircraft Market Research Report:
Key Market Segments
Key Market Players