Market Size of Glider Aircraft Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 1.78 % |
| Fastest Growing Market | Europe |
| Largest Market | Asia Pacific |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Glider Aircraft Market Analysis
The glider aircraft market is anticipated to grow from USD 180.5 million in 2022 to USD 200.6 million in 2028, registering a CAGR of 1.78% during the forecast period.
Due to the COVID-19 pandemic, most countries imposed some restrictions on importing and exporting goods. The supply chain disruption significantly affected the companies' future growth due to the lockdown. The revenue was not being generated for the companies due to the pandemic resulting in a down surge of tourism and recreational activities, which resulted in major losses in 2021. However, the market is seeing growth with the recovery of the tourism sector in 2022 across major geographies in the North American and European regions.
The growth in enthusiasm toward adrenaline sports and recreational activities around the world is anticipated to support the growth of glider aircraft during the forecast period. The increasing investment by glider aircraft manufacturers in high-performance electric glider aircraft, coupled with advancements in materials and propulsion technologies, is expected to drive the glider aircraft market during the forecast period.
