With the emergence and long-term Impact of COVID-19, Global Glider Aircraft Market to reach USD 7481.8 Million by 2030
Bizwit Research & Consulting LLP’s Recent Analysis on Global Glider Aircraft Market is poised to raise up to USD 7481.8 Million by 2030. A glider, also known as a sailplane, is a type of unpowered aircraft that is designed to fly without the use of an engine. Gliders are typically lightweight, aerodynamically efficient, and have long, slender wings that allow them to stay aloft by using the natural forces of lift and gravity. They are often used for recreational soaring, competitive gliding, and some specialized applications.
The Glider Aircraft Market is expanding because of factors such as the rising tourism industry and increasing numbers of air travelers. Moreover, increasing numbers of air travelers have a potential impact on the Glider Aircraft Market. In addition, the continues technological advancement is anticipated to create the lucrative opportunity for the market during projected period. However, the high cost of glider aircraft and lack of awareness stifles market growth throughout the forecast period of 2023-2030.
Geographically, the global Glider Aircraft market has been segmented into North America, Europe, Asia Pacific (APAC), Latin America, and Middle East and Africa (MEA). North America dominated the market over the forecast period owing to, increasing military spending, advancements in technology, and a supportive regulatory environment in the region. Asia Pacific fastest growing region over the forecast period owing to factors such as increased focus on research and development in the aviation sector to address air pollution concerns also rising tourism and recreational activities in the region.
The global Glider Aircraft market is highly competitive owing to the presence of several key manufacturers such as DG Flugzeugbau GmbH, Lange Aviation GmbH, Alexander Schleicher GmbH & Co., Schempp-Hirth Flugzeug-Vertriebs GmbH, Wills Wing Inc., North Wing, Airborne Australia, and others.
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Key findings of the study suggest:
- Global Glider Aircraft Market is anticipated to grow with a healthy growth rate of more than 9.9% over the forecast period 2023-2030.
- In the Type segment, Sailplane emerged out as the leading market segment in 2022.
- In the Application segment, Military emerged out as the leading market segment in 2022,
- North America is anticipated to drive regional growth Owing to increasing military spending, advancements in technology, and a supportive regulatory environment in the region.
- Asia-Pacific is expected to grow at higher rate followed by North America during 2022-2030.
Bizwit Research & Consulting has considered following segments for the study:
- Hang glider
- Para gliders
- North America
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
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