Light-Sport Aircraft Market Size, Demand, Growth Analysis, Key Player and Opportunity 2022-27
The latest research study " Light-Sport Aircraft Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027 " by IMARC Group, finds that the global light-sport aircraft market size reached US$ 1.01 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 1.39 Billion by 2027, exhibiting a growth rate (CAGR) of 5.30% during 2022-2027. A light-sport aircraft (LSA) refers to a small aircraft with two seats and a maximum take-off weight of 600 kg. It comprises of an engine, fixed-pitch or ground adjustable propeller, unpressurized cabin, fixed landing gear, gyroplanes, gliders, powered parachutes, airships, air balloons, etc. As light-sport aircraft are lightweight, non-complex, easy to fly, and less expensive compared to other aircraft, they find extensive applications in sports, recreational activities, flying training, etc. Request a Free PDF Sample for more detailed market insights: https://www.imarcgroup.com/light-sp