Table of Contents
Historical Data, Premium Insights, Market Dynamic, Analysis and Projection, By Product, Analysis and Projection, By Application, Analysis and Projection, By End-Use, Analysis and Projection, By Regional Analysis, Competitive Landscape, Company Profiles, Market Revenue, Sale & Price Analysis
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According to a research report published by Spherical Insights & Consulting, The Global Gyrocopter Market Size is Expected to Grow from USD 148.32 Million in 2023 to USD 325.12 Million by 2033, Growing at a CAGR of 8.16% during the forecast period 2023-2033.
Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on the Global Gyrocopter Market Size, Share, and COVID-19 Impact Analysis, By Engine Type (Two-Stroke Engines, Four-Stroke Engines, Electric Engines, Hybrid Engines), By Application (Recreational, Commercial, Military, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis And Forecast 2023 - 2033
The worldwide gyrocopter market refers to the industry that is related to the aviation sector and is involved in the production and distribution of little helicopters in appearance. The main advantage of a gyrocopter is that it is considered to be the safest way to glide because the rotor is not driven by a motor, thus avoiding any mishaps that might occur from an engine failure while in flight. The market is expanding due to rapid automation in the aviation industry with the implementation of sophisticated technical support. Further, increasing the tourism industry, growing need for military purpose and as an assistance role in agriculture sector for overhead view to surveillance of field which drives the market expansion. However, market acquisition faces several obstacles: high upfront costs, lower glide limits, slower pace, and alternatives flying options.
The four-stroke engines segment held the largest share of the global gyrocopter market in 2023 and is anticipated to grow at a significant CAGR over the forecast period.
On the basis of the engine type, the global gyrocopter market is classified into two-stroke engines, four-stroke engines, electric engines, and hybrid engines. Among these, the four-stroke engines segment accounted for the largest share of the global gyrocopter market in 2023 and is anticipated to grow at a significant CAGR over the forecast period. This is because of their longer lifespans, lower pollutants, improved fuel economy, and more seamless and reliable operation. Moreover, the utilization of four-stroke engines increases substantially owing to technical breakthroughs that continue to enhance their performance and efficiency.
The recreational segment held the greatest share of the global gyrocopter market in 2023 and is anticipated to grow at a significant CAGR over the forecast period.
On the basis of the application, the global gyrocopter market is categorized into recreational, commercial, military, and others. Among these, the recreational segment held the largest share of the global gyrocopter market in 2023 and is anticipated to grow at a significant CAGR over the forecast period. This segment growth contributed to the market expansion due to its being increasingly common among aviation enthusiasts, comparatively affordable of ownership, and the unique experience of flying. Moreover, the segment expansion has been aided by the expansion of flying clubs and advancements in the licensing and training requirements.
North America is anticipated to hold the largest share of the global gyrocopter market over the forecast period.
North America is expected to hold the greatest share of the global gyrocopter market over the forecast period. The regional market is driven by high technological adoption and well-established infrastructure in the automotive industry, along with a strong culture of recreational flying or leisure activities due to high individual income. The expansion of the market in this area is supported by the presence of important suppliers, an effective aviation infrastructure, and a rising tourism sector that boosts market growth. Furthermore, the region regards an upsurge in investment in innovative engine technological advances, which is propelling market growth.
Asia Pacific is projected to grow at the fastest CAGR growth of the global gyrocopter market over the forecast period. The market's expansion throughout the region is further accelerated due to the rapidly growing economy, increasing disposable incomes, and growing interest in airline travel. The need for recreational aviation is increasing in nations like India, China, and Japan, aided by federal initiatives that promote both private and commercial traveling along with enhanced infrastructure. The market for gyrocopter engines is growing in this region due to the growing tourism sector driving the regional market expansion.
Company Profiling
Major vendors in the global gyrocopter market are Magni Gyro Srl, AR1 Gyroplanes, ELA Aviación S.L., RAF-2000, AutoGyro GmbH, Sport Copter Inc., Trixy Aviation Products, AviPro Aircraft Ltd., American Autogyro Inc., Magni Gyro USA, Niki Rotor Aviation, RotorSchmiede GmbH, Aviomania Aircraft, Gyrotech, Cavalon Aircraft, MTOsport Gyroplanes, AutoGyro Australia, Tango2 Gyrocopters, Carter Aviation Technologies, SkyRider Ultralights, ArrowCopter, ELA Aircraft, Titanium Gyroplanes, Rotorsport UK Ltd., and Sparrow Gyroplanes, and others.
Key Target Audience
Recent Development
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global gyrocopter market based on the below-mentioned segments:
Global Gyrocopter Market, By Engine
Global Gyrocopter Market, By Application
Global Gyrocopter Market, By Regional
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