Growth of the one man flight vehicle market is driven by factors such as low cost of acquisition and maintenance, and absence of regulatory norms limiting civilians to fly a one man flight vehicle in certain regions. Placement of one man flight vehicle in recreational and sports activities are backed by increasing expenditure trends by civilians across the globe to support business opportunities within the region. Rise in disposable income across the globe and increase in delays in delivery of conventional aircraft is expected to impact one man flight vehicle in a positive manner to a certain extent. Rise in sports, tourism, and recreational activities post COVID-19 is supporting business opportunities within the segment. In Q1 2022, there were an expected 117 million foreign visitors, up from 41 million in Q1 2021, an increase of 182% year over year. About 47 million of the additional 76 million overseas arrivals were counted in March 2022.
The one man flight vehicle market is segmented on the basis of range, propulsion, takeoff, end use, and region. By range, it is categorized into less than 100 miles, 100 to 300 miles, and more than 300 miles. The propulsion segment is further sub divided into conventional propulsion and electric & hybrid propulsion. Depending on takeoff, the market is fragmented into commercial takeoff and landing (CTOL) and vertical takeoff and landing (VTOL). The end use segment is bifurcated into civil and commercial & military. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Companies have adopted product development and product launch as their key development strategies in the air defnse system industry. Moreover, collaborations and acquisitions are expected to enable leading players to enhance their product portfolios and expand into different regions. The key players that operate in the one man flight vehicle market AutoGyro, Pilatus Aircraft Ltd, Pipistrel, Textron Inc, VOLOCOPTER GMBH, Cirrus Aircraft, Vulcanair, Piper Aircraft, Neva Aerospace, and Boeing among others.
KEY BENEFITS FOR STAKEHOLDERS
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the one-man flight vehicle market analysis from 2021 to 2031 to identify the prevailing one-man flight vehicle market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the one-man flight vehicle market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global one-man flight vehicle market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Takeoff
- CTOL
- VTOL
By End Use
- Civil and Commercial
- Military
By Range
- Less than 100 miles
- 100 to 300 miles
- More than 300 miles
By Propulsion
- Conventional Propulsion
- Electric and Hybrid
By Region
- North America
- Mexico
- U. S.
- Canada
- Europe
- UK
- Italy
- Spain
- Rest Of Europe
- Germany
- France
- Russia
- Asia-Pacific
- China
- India
- Japan
- Australia
- South Korea
- Rest Of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- AutoGyro
- Pilatus Aircraft Ltd
- Pipistrel
- VOLOCOPTER GMBH
- Neva Aerospace
- Boeing
- Jetson AB
- PAL-V
- Opener
- Experimental Aircraft Association Inc.
- AeroplanesDAR
- Skfly Technologies
- Ehang
- Elektra Solar GmbH
- Team Mini-Max LLC
- SPACEK s. r. o. SD Planes
- Ekolot
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Table of Contents
CHAPTER 1: INTRODUCTION1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market
CHAPTER 4: ONE-MAN FLIGHT VEHICLE MARKET, BY RANGE
4.1 Overview
4.1.1 Market size and forecast
4.2 Less than 100 miles
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 100 to 300 miles
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 More than 300 miles
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country
CHAPTER 5: ONE-MAN FLIGHT VEHICLE MARKET, BY PROPULSION
5.1 Overview
5.1.1 Market size and forecast
5.2 Conventional Propulsion
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Electric and Hybrid
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
CHAPTER 6: ONE-MAN FLIGHT VEHICLE MARKET, BY TAKEOFF
6.1 Overview
6.1.1 Market size and forecast
6.2 CTOL
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 VTOL
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country
CHAPTER 7: ONE-MAN FLIGHT VEHICLE MARKET, BY END USE
7.1 Overview
7.1.1 Market size and forecast
7.2 Civil and Commercial
7.2.1 Key market trends, growth factors and opportunities
7.2.2 Market size and forecast, by region
7.2.3 Market analysis by country
7.3 Military
7.3.1 Key market trends, growth factors and opportunities
7.3.2 Market size and forecast, by region
7.3.3 Market analysis by country
CHAPTER 8: ONE-MAN FLIGHT VEHICLE MARKET, BY REGION
8.1 Overview
8.1.1 Market size and forecast
8.2 North America
8.2.1 Key trends and opportunities
8.2.2 North America Market size and forecast, by Range
8.2.3 North America Market size and forecast, by Propulsion
8.2.4 North America Market size and forecast, by Takeoff
8.2.5 North America Market size and forecast, by End Use
8.2.6 North America Market size and forecast, by country
8.2.6.1 U. S.
8.2.6.1.1 Market size and forecast, by Range
8.2.6.1.2 Market size and forecast, by Propulsion
8.2.6.1.3 Market size and forecast, by Takeoff
8.2.6.1.4 Market size and forecast, by End Use
8.2.6.2 Canada
8.2.6.2.1 Market size and forecast, by Range
8.2.6.2.2 Market size and forecast, by Propulsion
8.2.6.2.3 Market size and forecast, by Takeoff
8.2.6.2.4 Market size and forecast, by End Use
8.2.6.3 Mexico
8.2.6.3.1 Market size and forecast, by Range
8.2.6.3.2 Market size and forecast, by Propulsion
8.2.6.3.3 Market size and forecast, by Takeoff
8.2.6.3.4 Market size and forecast, by End Use
8.3 Europe
8.3.1 Key trends and opportunities
8.3.2 Europe Market size and forecast, by Range
8.3.3 Europe Market size and forecast, by Propulsion
8.3.4 Europe Market size and forecast, by Takeoff
8.3.5 Europe Market size and forecast, by End Use
8.3.6 Europe Market size and forecast, by country
8.3.6.1 UK
8.3.6.1.1 Market size and forecast, by Range
8.3.6.1.2 Market size and forecast, by Propulsion
8.3.6.1.3 Market size and forecast, by Takeoff
8.3.6.1.4 Market size and forecast, by End Use
8.3.6.2 Germany
8.3.6.2.1 Market size and forecast, by Range
8.3.6.2.2 Market size and forecast, by Propulsion
8.3.6.2.3 Market size and forecast, by Takeoff
8.3.6.2.4 Market size and forecast, by End Use
8.3.6.3 France
8.3.6.3.1 Market size and forecast, by Range
8.3.6.3.2 Market size and forecast, by Propulsion
8.3.6.3.3 Market size and forecast, by Takeoff
8.3.6.3.4 Market size and forecast, by End Use
8.3.6.4 Russia
8.3.6.4.1 Market size and forecast, by Range
8.3.6.4.2 Market size and forecast, by Propulsion
8.3.6.4.3 Market size and forecast, by Takeoff
8.3.6.4.4 Market size and forecast, by End Use
8.3.6.5 Italy
8.3.6.5.1 Market size and forecast, by Range
8.3.6.5.2 Market size and forecast, by Propulsion
8.3.6.5.3 Market size and forecast, by Takeoff
8.3.6.5.4 Market size and forecast, by End Use
8.3.6.6 Spain
8.3.6.6.1 Market size and forecast, by Range
8.3.6.6.2 Market size and forecast, by Propulsion
8.3.6.6.3 Market size and forecast, by Takeoff
8.3.6.6.4 Market size and forecast, by End Use
8.3.6.7 Rest of Europe
8.3.6.7.1 Market size and forecast, by Range
8.3.6.7.2 Market size and forecast, by Propulsion
8.3.6.7.3 Market size and forecast, by Takeoff
8.3.6.7.4 Market size and forecast, by End Use
8.4 Asia-Pacific
8.4.1 Key trends and opportunities
8.4.2 Asia-Pacific Market size and forecast, by Range
8.4.3 Asia-Pacific Market size and forecast, by Propulsion
8.4.4 Asia-Pacific Market size and forecast, by Takeoff
8.4.5 Asia-Pacific Market size and forecast, by End Use
8.4.6 Asia-Pacific Market size and forecast, by country
8.4.6.1 China
8.4.6.1.1 Market size and forecast, by Range
8.4.6.1.2 Market size and forecast, by Propulsion
8.4.6.1.3 Market size and forecast, by Takeoff
8.4.6.1.4 Market size and forecast, by End Use
8.4.6.2 India
8.4.6.2.1 Market size and forecast, by Range
8.4.6.2.2 Market size and forecast, by Propulsion
8.4.6.2.3 Market size and forecast, by Takeoff
8.4.6.2.4 Market size and forecast, by End Use
8.4.6.3 Japan
8.4.6.3.1 Market size and forecast, by Range
8.4.6.3.2 Market size and forecast, by Propulsion
8.4.6.3.3 Market size and forecast, by Takeoff
8.4.6.3.4 Market size and forecast, by End Use
8.4.6.4 Australia
8.4.6.4.1 Market size and forecast, by Range
8.4.6.4.2 Market size and forecast, by Propulsion
8.4.6.4.3 Market size and forecast, by Takeoff
8.4.6.4.4 Market size and forecast, by End Use
8.4.6.5 South Korea
8.4.6.5.1 Market size and forecast, by Range
8.4.6.5.2 Market size and forecast, by Propulsion
8.4.6.5.3 Market size and forecast, by Takeoff
8.4.6.5.4 Market size and forecast, by End Use
8.4.6.6 Rest of Asia-Pacific
8.4.6.6.1 Market size and forecast, by Range
8.4.6.6.2 Market size and forecast, by Propulsion
8.4.6.6.3 Market size and forecast, by Takeoff
8.4.6.6.4 Market size and forecast, by End Use
8.5 LAMEA
8.5.1 Key trends and opportunities
8.5.2 LAMEA Market size and forecast, by Range
8.5.3 LAMEA Market size and forecast, by Propulsion
8.5.4 LAMEA Market size and forecast, by Takeoff
8.5.5 LAMEA Market size and forecast, by End Use
8.5.6 LAMEA Market size and forecast, by country
8.5.6.1 Latin America
8.5.6.1.1 Market size and forecast, by Range
8.5.6.1.2 Market size and forecast, by Propulsion
8.5.6.1.3 Market size and forecast, by Takeoff
8.5.6.1.4 Market size and forecast, by End Use
8.5.6.2 Middle East
8.5.6.2.1 Market size and forecast, by Range
8.5.6.2.2 Market size and forecast, by Propulsion
8.5.6.2.3 Market size and forecast, by Takeoff
8.5.6.2.4 Market size and forecast, by End Use
8.5.6.3 Africa
8.5.6.3.1 Market size and forecast, by Range
8.5.6.3.2 Market size and forecast, by Propulsion
8.5.6.3.3 Market size and forecast, by Takeoff
8.5.6.3.4 Market size and forecast, by End Use
CHAPTER 9: COMPANY LANDSCAPE
9.1. Introduction
9.2. Top winning strategies
9.3. Product Mapping of Top 10 Players
9.4. Competitive Dashboard
9.5. Competitive Heatmap
9.6. Key developments
CHAPTER 10: COMPANY PROFILES
10.1 AutoGyro
10.1.1 Company overview
10.1.2 Company snapshot
10.1.3 Operating business segments
10.1.4 Product portfolio
10.1.5 Business performance
10.1.6 Key strategic moves and developments
10.2 Pilatus Aircraft Ltd
10.2.1 Company overview
10.2.2 Company snapshot
10.2.3 Operating business segments
10.2.4 Product portfolio
10.2.5 Business performance
10.2.6 Key strategic moves and developments
10.3 Pipistrel
10.3.1 Company overview
10.3.2 Company snapshot
10.3.3 Operating business segments
10.3.4 Product portfolio
10.3.5 Business performance
10.3.6 Key strategic moves and developments
10.4 VOLOCOPTER GMBH
10.4.1 Company overview
10.4.2 Company snapshot
10.4.3 Operating business segments
10.4.4 Product portfolio
10.4.5 Business performance
10.4.6 Key strategic moves and developments
10.5 Neva Aerospace
10.5.1 Company overview
10.5.2 Company snapshot
10.5.3 Operating business segments
10.5.4 Product portfolio
10.5.5 Business performance
10.5.6 Key strategic moves and developments
10.6 Boeing
10.6.1 Company overview
10.6.2 Company snapshot
10.6.3 Operating business segments
10.6.4 Product portfolio
10.6.5 Business performance
10.6.6 Key strategic moves and developments
10.7 Jetson AB
10.7.1 Company overview
10.7.2 Company snapshot
10.7.3 Operating business segments
10.7.4 Product portfolio
10.7.5 Business performance
10.7.6 Key strategic moves and developments
10.8 PAL-V
10.8.1 Company overview
10.8.2 Company snapshot
10.8.3 Operating business segments
10.8.4 Product portfolio
10.8.5 Business performance
10.8.6 Key strategic moves and developments
10.9 Opener
10.9.1 Company overview
10.9.2 Company snapshot
10.9.3 Operating business segments
10.9.4 Product portfolio
10.9.5 Business performance
10.9.6 Key strategic moves and developments
10.10 Experimental Aircraft Association Inc.
10.10.1 Company overview
10.10.2 Company snapshot
10.10.3 Operating business segments
10.10.4 Product portfolio
10.10.5 Business performance
10.10.6 Key strategic moves and developments
10.11 AeroplanesDAR
10.11.1 Company overview
10.11.2 Company snapshot
10.11.3 Operating business segments
10.11.4 Product portfolio
10.11.5 Business performance
10.11.6 Key strategic moves and developments
10.12 Skfly Technologies
10.12.1 Company overview
10.12.2 Company snapshot
10.12.3 Operating business segments
10.12.4 Product portfolio
10.12.5 Business performance
10.12.6 Key strategic moves and developments
10.13 Ehang
10.13.1 Company overview
10.13.2 Company snapshot
10.13.3 Operating business segments
10.13.4 Product portfolio
10.13.5 Business performance
10.13.6 Key strategic moves and developments
10.14 Elektra Solar GmbH
10.14.1 Company overview
10.14.2 Company snapshot
10.14.3 Operating business segments
10.14.4 Product portfolio
10.14.5 Business performance
10.14.6 Key strategic moves and developments
10.15 Team Mini-Max LLC
10.15.1 Company overview
10.15.2 Company snapshot
10.15.3 Operating business segments
10.15.4 Product portfolio
10.15.5 Business performance
10.15.6 Key strategic moves and developments
10.16 SPACEK s. r. o. SD Planes
10.16.1 Company overview
10.16.2 Company snapshot
10.16.3 Operating business segments
10.16.4 Product portfolio
10.16.5 Business performance
10.16.6 Key strategic moves and developments
10.17 Ekolot
10.17.1 Company overview
10.17.2 Company snapshot
10.17.3 Operating business segments
10.17.4 Product portfolio
10.17.5 Business performance
10.17.6 Key strategic moves and developments
Executive Summary
According to this report, titled, 'One-man Flight Vehicle Market,' the one-man flight vehicle market was valued at $2.5 billion in 2021, and is estimated to reach $4.4 billion by 2031, growing at a CAGR of 6% from 2022 to 2031.Asia Pacific dominated the one man flight vehicle market in terms of growth, followed by Europe, North America, and LAMEA. The U.S. dominated the market share in 2021.
The one man flight vehicle market is expected to undergo a major shift in the coming years. Optimizing supply chain, streamlining manufacturing processes, increasing pace of deliveries and catering to a larger audience are some of the pressing concerns of market. The market has grown quickly as a result of leading market participants investing in development of lightweight aircrafts that can be used in civil, government, and military markets to meet the rise in demand for one man flight vehicle. Low cost of operation and acquisition has allowed all these sectors to have specific needs to support business opportunities. Within the commercial segment, the one man flight vehicle is used for business, recreational or personal purpose, followed by government sector that use one man flight vehicle for law-and-order activities. The military sector majorly uses one man flight vehicle for training, and intelligence, surveillance and reconnaissance (ISR) purpose.
The demand for one man flight vehicle was steadily increasing, but the market was notably hit by COVID-19. Even the largest one man flight vehicle manufacturers faced operating problems, owing to supply chain disruptions and restricted site access. Numerous governments imposed a countrywide lockdown, forcing businesses to shut down their factories. Defense firms were immediately impacted by extended state of lockdown in some nations, which forced them to put off ordering aircraft and their suppliers. In addition, demand for one man flight vehicle was affected by sudden decline in tourism and recreational activities. Increase in cost of storing aircraft has put a significant financial strain on market participants.
The one man flight vehicle market is segmented on the basis of range, propulsion, takeoff, end use, and region. By range, it is categorized into less than 100 miles, 100 to 300 miles, and more than 300 miles. The propulsion segment is further sub divided into conventional propulsion and electric & hybrid propulsion. Depending on takeoff, the market is fragmented into commercial takeoff and landing (CTOL) and vertical takeoff and landing (VTOL). The end use segment is bifurcated into civil and commercial & military. Region wise, the one man flight vehicle market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Factors such as low cost of acquisition and maintenance, and absence of regulatory norms limiting civilians to fly a one man flight vehicle in certain regions. Placement of one man flight vehicle in recreational and sports activities are backed by increasing expenditure trends by civilians across the globe to support business opportunities within the region. Rise in disposable income across the globe and increase in delays in delivery of conventional aircraft is expected to impact one man flight vehicle in a positive manner to a certain extent. Rise in sports, tourism, and recreational activities post COVID-19 is supporting business opportunities within the segment. In Q1 2022, there were an expected 117 million foreign visitors, up from 41 million in Q1 2021, an increase of 182% year over year. About 47 million of the additional 76 million overseas arrivals were counted in March 2022.
KEY FINDINGS OF THE STUDY
By range, the Less than 100 miles segment leads the market during the forecast periodBy propulsion, the conventional propulsion segment leads the market during the forecast period
By takeoff, the VTOL segment is expected to grow at lucrative growth rate during the forecast period (2022-2031)
By end use, the civil and commercial segment leads the market during the forecast period.
Asia Pacific dominated the one man flight vehicle market in terms of growth, followed by Europe, North America, and LAMEA
The key players that operate in the one man flight vehicle market AutoGyro, Pilatus Aircraft Ltd, Pipistrel, Textron Inc, VOLOCOPTER GMBH, Cirrus Aircraft, Vulcanair, Piper Aircraft, Neva Aerospace, and Boeing among others.
Companies Mentioned
- Autogyro
- Pilatus Aircraft Ltd.
- Pipistrel
- Volocopter GmbH
- Neva Aerospace
- Boeing
- Jetson Ab
- Pal-V
- Opener
- Experimental Aircraft Association Inc.
- Aeroplanesdar
- Skfly Technologies
- Ehang
- Elektra Solar GmbH
- Team Mini-Max LLC
- Spacek S.R.O. Sd Planes
- Ekolot
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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