The global glider aircraft market is estimated to grow at a CAGR of nearly 3.3% during the forecast period. Adventure sports are gaining significance owing to the rising disposable income and a significant number of population aged 20-60. According to the World Bank, in 2018, the population aged 15-64 were 65.3% of the total population globally. As per the Center for the Promotion of Imports from Developing Countries, People aged between 40 and 70 occupied two-thirds of the adventure tourism. Europeans make 100 million adventure trips every year in another country. European adventure travelers have been significantly investing in adrenaline sports.
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As per the Civil Aviation Authority of New Zealand and Aviation Security Service, hang gliding and paragliding are significantly popular in New Zealand. During the period, 2012 and 2017, membership of the national hang gliding and paragliding body increased 150% (734 to 1120). International visitor membership increased over 400% (52 to 222). This, in turn, is leading the adoption of hang gliders that are unpowered aircraft which maintain flight by using a flying surface (wing) referred to as aerofoil. The manufacturers of glider aircraft are launching new aircraft with innovative features to increase their market share. For instance, in April 2019, Alexander Schleicher GmbH & Co., revealed the new aircraft AS 34 Me, at the AERO exhibition in Germany.
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This is beneficial for visitors who were looking for fun and easy to fly aircraft with self-introducing capability with low maintenance costs and at a reasonable purchase price. It features efficient handling characteristics and better flying performance. In addition, the electrical propulsion system delivers adequate power to allow every day powered sailplane operations. Moreover, in March 2018, Stemme AG declared that it would present two new motor gliders models, S12-SW and S12-G at the AERO in Friedrichshafen.
Both these new models reinforce Stemme’s products range and widen the current product portfolio with the advanced Garmin glass cockpit variant with a wingspan of 25 meter and short wing variant with 21.7 m wingspan. Through its compact 21.7-m wingspan, the S12-SW offers better comfort and handiness and therefore, it is easier to handle, featuring better maneuverability on the ground and higher roll rate in the air. Even in space constraints, S12-SW offers extreme flexibility that opens up new flying horizons. This, in turn, is resulting the adoption of these new gliders to increase comfort and performance and thus, driving the global glider aircraft market.
Global Glider Aircraft Market- Segmentation
By Type
- Hang Gliders
- Sailplanes
By Propulsion
- Powered
- Non-Powered
By Application
- Military
- Commercial
