Industry Background:
Power gliders are different from traditional manual gliders. It contains an additional motor that supports the glider to move into the favourable direction of the pilot in any weather conditions which improves the risk of accidents and safety concerns. The global power glider market is expected to witness healthy growth during the forecast period according to the AMA study. This is owing to the growing popularity of paragliding extreme sports, the increasing number of paragliding sports events and participation globally, and rise in global adventure tourism propelled by rising disposable income across emerging economies.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Albatros Flying Systems Pvt. Ltd. (India), Glidersports (United States), DG Flugzeugbau GmbH (Germany), Schempp-Hirth Flugzeug-Vertriebs GmbH (Germany), Alexander Schleicher GmbH (Germany), Aeros Company (United States), Alisport Swiss Sagl (Switzerland), Europa Aircraft (England), Icaro 2000 srl (Italy), Pipistrel Group (Slovenia), REINERSTEMME.aero GmbH (Germany), Sonex Aircraft, LLC. (United States) and STEMME AG (Germany) |
This growth is primarily driven by Growing Popularity of Paragliding Extreme Sports, The Rise in Global Adventure Tourism Propelled by Rising Disposable Income and Increasing Number of Paragliding Sports Events.
Globally, a noticeable market trend is evident Rising Technological Advancements in Power Glider Equipment Supporting Reduced Safety Concerns is Likely to Drive the Market
Major Manufacturers, such as Albatros Flying Systems Pvt. Ltd. (India), Glidersports (United States), DG Flugzeugbau GmbH (Germany), Schempp-Hirth Flugzeug-Vertriebs GmbH (Germany), Alexander Schleicher GmbH (Germany), Aeros Company (United States), Alisport Swiss Sagl (Switzerland), Europa Aircraft (England), Icaro 2000 srl (Italy), Pipistrel Group (Slovenia), REINERSTEMME.aero GmbH (Germany), Sonex Aircraft, LLC. (United States) and STEMME AG (Germany), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. The global market for power gliders is moderately consolidated according to the AMA study. The vendors in this market are focusing on launching new products with innovative technologies such as solar-powered gliders to cater to market demands related to range, fuel efficiency and flight time of power gliders. Moreover, the companies are also trying to renovate the existing product line with new technologies and the latest designs. For instance, in 2019, the Federal Aviation Administration (FAA) released the acceptance notice for proposed design criteria for Alexander Schleicher GmbH & Co. Segelflugzeugbau Model ASK 21 B Glider.
Key Developments in the Market:
In December 2019, Schempp-Hirth announced that its US dealership is transferred to Garret Willat and his repair shop Yankee Composites located at Sky Sailing, California.
In October 2021, Diamond Aircraft announces a future All-Electric Trainer and partnership with Electric Power Systems. Diamond Aircraft introduced the DA36 E-Star, the world’s first aircraft with a serial hybrid electric drive system based on the HK36 motor glider.
Influencing Trend:
Rising Technological Advancements in Power Glider Equipment Supporting Reduced Safety Concerns is Likely to Drive the Market and Introduction of Selt Launching Gliders
Market Growth Drivers:
Growing Popularity of Paragliding Extreme Sports, The Rise in Global Adventure Tourism Propelled by Rising Disposable Income and Increasing Number of Paragliding Sports Events
Challenges:
Safety Concern is a Major Challenge for Power Glider Manufacturers and Weather Conditions can be a Major Challenge for the Pilots
Restraints:
Accidents & Injuries Occurred by Paragliding Activities
Opportunities:
Growing Adoption of Paragliding Sports Across Different Regions of the World
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Power Glider Market
- Analysis about New Entrants in Power Glider Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Power Glider Study Sheds Light on
The Power Glider Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Power Glider industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Power Glider industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.