What is Gyrocopters Market?
Gyrocopter, a type of rotorcraft which uses an unpowered rotor in autorotation to develop lift, and an engine-powered propeller. In this era gyrocopter offers a countless number of advantages in performance and prices. The top players of gyrocopter will introduce electrical engine, vertical take-off and autonomous flight that will eliminate the need of piloting in near future.
Highlights from Gyrocopters Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | AutoGyro GmbH (Germany), Magni Gyro (Italy), ELA Aviation (Spain), Trixy Aviation Products (Austria), Aviomania Aircraft (Cyprus), Celier Aviation (Malta), Aviation Artur Trendak (Poland), Sport Copter (United States), Rotorvox (Germany) and Niki Rotor Aviation (Bulgaria) |
Gyrocopters market companies operating in these industries are focusing more on efficient growth, improvement of operational efficiency and productivity, achieving high safety standards, and focusing on maintaining sustainable development. The market is highly competitive with a few players occupying the major share. The key players are highly focused on developing and innovating new strategies to maintain their market position and customer base. The companies are coming up with partnerships or agreements along with planning strategic activities such as partnerships, product launches, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Research Analyst at AMA predicts that Global Manufacturers will contribute to the maximum growth of Global Gyrocopters market throughout the forecasted period.
AutoGyro GmbH (Germany), Magni Gyro (Italy), ELA Aviation (Spain), Trixy Aviation Products (Austria), Aviomania Aircraft (Cyprus), Celier Aviation (Malta), Aviation Artur Trendak (Poland), Sport Copter (United States), Rotorvox (Germany) and Niki Rotor Aviation (Bulgaria) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Carpenterie Pagotto (Italy) and Sun Hawk Aviation (China). Gyrocopters Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Civil Use and Military |
Type | Open Cockpit and Enclosed Cockpit |
Seat Modality Size | Two-Seater,Monoplace,Tri-Place |
Service Type | Forest, Coastal and Border Surveillance,Air Traffic Control,Aerial Photography and Filming,Power Lines Inspection,Agricultural Spraying,Others |
On the basis of geography, the market of Gyrocopters has been segmented into 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Advent of Technological Advancement in Factory to Built Light Gyroplane and Introducing Online Booking Platforms by Key Players
Market Growth Drivers:
Surging Usage of Gyrocopters in Rural Environments in Developed Economies and Tourist Inclination Towards Experiencing Splendid Weather and Beautiful Places
Challenges:
Lack of Awareness in Both Underdeveloped and Developing Nations
Restraints:
High Cost of Gyroplanes and Huge Initial Investment in New Factory Setup
Opportunities:
Increasing Adoption of Gyrocopter for Aerial Photography and Filming and Top Players Need to Introduce Gyrocopters in Asia Pacific Countries
Key Target Audience
Gyrocopters Manufacturers, Component Suppliers, Technology Providers, Government Regulatory Bodies and Others
In June 2019, Auto Gyro has started GyroTour in Costa Rica. The company has organized an exciting route and together the group flies with their gyros from Costa Rica to Panama.
As of today, European Aviation Safety Agency (EASA) has not issued any certification specification of gyroplanes. EASA recommends to check first the maximum take-off weight of gyroplanes. In accordance with the Regulation (EC) 216/2008, gyroplanes with a maximum Take-off Weight below 560 kg belong to the ultra-light class.