Latin America Ultralight And Light Aircraft Market Size & Outlook
The ultralight and light aircraft market in Latin America is expected to reach a projected revenue of US$ 1,049.1 million by 2030. A compound annual growth rate of 8.9% is expected of Latin America ultralight and light aircraft market from 2024 to 2030.
Revenue, 2023 (US$M)
$576.3
Forecast, 2030 (US$M)
$1,049.1
CAGR, 2024 - 2030
8.9%
Report Coverage
Latin America
Latin America ultralight and light aircraft market, 2018-2030 (US$M)
Latin America ultralight and light aircraft market highlights
- An overview of the Latin America ultralight and light aircraft market trends heading towards 2030. The Latin America market generated a revenue of USD 576.3 million in 2023.
- The market is expected to grow at a CAGR of 8.9% from 2024 to 2030.
- In terms of segment, light aircraft was the largest revenue generating platform in 2023.
- Light Aircraft is the most lucrative platform segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 576.3 million |
| Market revenue in 2030 | USD 1,049.1 million |
| Growth rate | 8.9% (CAGR from 2023 to 2030) |
| Largest segment | Light aircraft |
| Fastest growing segment | Light Aircraft |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Light Aircraft |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.0% of the global ultralight and light aircraft market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 5,805.0 million by 2030.
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Ultralight and Light Aircraft Market Scope
Ultralight and light aircraft market segmentation & scope
Operation
CTOL
VTOL
System
Aerostructures
Avionics
Engine
Cabin Interiors
Landing Gear
Others
Technology
Manned
Unmanned
End Use
Civil
Military & Government
Countries
U.S.
Canada
Mexico
Germany
France
UK
Italy
Denmark
Spain
Norway
Sweden
Brazil
Argentina
Saudi Arabia
South Africa
UAE
Kuwait
Ultralight and Light Aircraft Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America ultralight and light aircraft market
Related regional statistics
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