Market Highlights:
A light sport aircraft (LSA), or light-sport aircraft, is refer as a new category of lightweight, small aircraft which are simple to fly. Light-Sport Aircraft tend to be heavier and more sophisticated than the ultralight ("microlight") aircraft, but light-sport aircraft restrictions on weight and performance separate the category from the established GA aircraft. There is no worldwide standard description of a light-sport aircraft. Due to rising technological advancements and growing aircraft sports activity, there is also a growing market for the light-sport aircraft. While some of the factors associated with the market that is safety concerns of the pilot during performance may hinder the light sport aircraft market. The market study is being classified by Type (S-LSA, E-LSA and Others), by Application (Sport and Recreation, Flight Training and Aircraft Rental) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).

Key Players:
The prominent players in the Light Sport Aircraft are 3Xtrim Aircraft Factory (Poland), Cirrus Aircraft (United States), Aeroprakt Manufacturing (United States), The Airplane Factory (South Africa), Aviasud Engineering (France), BOT Aircraft (Liechtenstein), CGS Aviation (United States), Cessna (United States), Ekolot (Poland) and Progressive Aerodyne, Inc. (United States).

In July 2018, Tecnam (Italy) announced contracts from Hellenic Air Force (HAF) of Greece for the supply of 12 low wing trainer aircraft, P2002JF, and in the same month, the company won another contract from the Thai Aviation Academy to provide 2, P2002JF and 1, P2006T twin aircraft.

Key Questions Answered in the Report
What will the Light Sport Aircraft Market size and the growth rate be in Future?
What are the key factors driving the Light Sport Aircraft Market?
What are the key market trends and macro-economic impacting the growth of the Light Sport Aircraft Market?
What are the challenges to market growth?
Who are the key vendors in the Light Sport Aircraft Market?
What are the market opportunities and threats faced by the vendors in the Light Sport Aircraft Market?
Trending factors influencing the market shares of the Manufacturers.
What are the key outcomes of the five forces analysis of the Light Sport Aircraft Market?

Refer complete Table of Content of Light Sport Aircraft Market Study

Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Light Sport Aircraft market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Light Sport Aircraft market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries.
This helps us to gather the data for the players’ revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.