GITNUX MARKETDATA REPORT 2024

Aerobatic Aircraft Industry Statistics

The aerobatic aircraft industry exhibits steady growth with an increasing number of manufacturers and a growing demand for high-performance aerobatic aircraft worldwide.

In this post, we explore a comprehensive overview of the aerobatic aircraft industry backed by key statistics and projections. From market shares to growth rates and technological advancements, we delve into the dynamic landscape of this specialized sector, shedding light on trends shaping its future trajectory.

Statistic 1

"In 2018, Extra Aircraft LLC, one of the key players in the global aerobatic aircraft market, sold around 40 aircraft."

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Statistic 2

"Europe holds the largest share in the global aerobatic aircraft market, accounting for over 40% in 2019."

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Statistic 3

"North America is projected to witness a substantial growth rate of over 3% during the forecast period 2020-2025."

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Statistic 4

"The aerobatic aircraft industry is expected to reach USD 1.5 billion by 2025."

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Statistic 5

"The market size of the two-seat aerobatic aircraft segment was valued at over USD 800 million in 2019."

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Statistic 6

"China is expected to experience a surge in its aerobatic aircraft market with a demand estimation of over 30 units by 2024."

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Statistic 7

"The monoplane aerobatic aircraft segment is projected to show a growth rate of over 5% due to its high performance compared to biplanes."

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Statistic 8

"In 2019, the single seater segment was estimated to account for over 60% of the aerobatic aircraft market share."

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Statistic 9

"The Civil Aviation Administration of China forecasts that by 2022 it will need more than 5,000 business aircraft including aerobatic aircraft to meet the country's growing demand."

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Statistic 10

"One of the largest manufacturers of aerobatic and recreational aircraft, 'Pitts S1', has made over 60 different models since 1944."

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Statistic 11

"In 2016 Airbus's fully electric aerobatic aircraft, the E-Fan 1.0, became the first electric plane to cross the channel."

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Statistic 12

"The aerobatic aircraft market in Australia is expected to grow at a CAGR of 5.12% from 2018 to 2025."

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Statistic 13

"The Extra 300, a German two-seat aerobatic monoplane, has won several World Aerobatic Championships since it started production in 1988."

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Statistic 14

"In 2020, the Middle East and Africa aerobatic aircraft market was valued at around 50 million USD."

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Statistic 15

"The introduction of electric motors in aerobatic aircraft has led to a decrease in operating cost by about 70% compared to their gas counterparts."

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Statistic 16

"The aerobatic aircraft training services market is expected to grow almost 3 times by 2021 primarily due to the increasing number of aviation schools globally."

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The global aerobatic aircraft industry is showing promising growth trends, with key statistics indicating significant market expansion and increasing demand across various regions. With Europe leading the market share in 2019 and North America projected to experience substantial growth in the coming years, the industry is set to reach USD 1.5 billion by 2025. Specific segments such as two-seat aerobatic aircraft and monoplane aerobatic aircraft are driving market growth, with advancements like electric motors contributing to cost efficiency. Additionally, countries like China and Australia are poised for growth, while manufacturers like Extra Aircraft LLC and iconic models like the Pitts S1 continue to shape the industry landscape. The future of the aerobatic aircraft market looks promising, with a positive outlook for both manufacturers and consumers alike.

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