"The
Report 2017-2022 General Aviation Report on Global and United States
Market, Status and Forecast, by Players, Types and Applications
provides information on pricing, market analysis, shares, forecast,
and company profiles for key industry participants. -
MarketResearchReports.biz"
MarketResearchReports.biz
has recently announced the addition of a report titled, “2017-2022
General Aviation Report
on Global and United States Market, Status and Forecast, by Players,
Types and Applications” to its offering. The report reveals crucial
information pertaining to the major growth drivers, restraints, and
developments in the global general aviation market, with a particular
emphasis on the general aviation market in the U.S.
As
the global economy enlarges and displays greater connectivity, rapid,
safe, and accessible transportation is gaining increasing importance.
With the recent growth in airline travel recognized as a feature of
the modern world, the general aviation market is expected to make
significant advancement over the oncoming period.
The
term ‘general aviation’ refers to those aircrafts that do not
involve commercial air transportation. In other words, the basic aim
of general aviation is to conduct essential services for emergency
medical purposes, police investigations, and search and rescue
operations. Thus, general aviation enhances the safety of citizens
via improved productivity of selective public services. It would have
been impossible for life and civilization to sustain without the
advantages offered by general aviation.
The
sheer number of general aviation aircrafts is impressive. Nearly
700,000 pilots are involved in this industry, where more than 350,000
aircrafts are being deployed over the globe. The demand for general
aviation is expected to rise over the coming years as the cockpits of
general aviation aircrafts are used by every single military pilot
and airline in attaining professional competence.
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Sample Copy Of This Report @
Moreover,
general aviation requires minimal unique infrastructure, ensuring
cost efficiency. Also, it is a minority user of all those services
and facilities that are needed by larger commercial activities. By
type, the global general aviation market can be segmented into
two-engine piston, single engine piston, gliders, business jets, and
turboprops.
The
U.S. accounted for almost half of the global general aviation market
in 2014. However, as emerging economies such as China and India have
been catching up, a wide expanse of opportunities awaits the market
players. On the flip side, stringent regulatory frameworks and
inadequate infrastructural growth might inhibit the growth of the
global market for general aviation.
A
number of market players have been introducing new products in the
global general aviation market. For instance, in April 2017, Harlow
Aerostructures, a leading supplier of aviation equipment, announced
the launch of its first autothrottle, HAT-05 for new aircrafts.
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Press Release @
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Several
new players have also been entering the market. For example, Israel
Aerospace Industries (IAI) has been planning to enter the general
aviation market. The company is likely to partner with another firm
to develop and produce an advanced general aviation aircraft.
Cessna,
Airbus, Bell Helicopter, Bombardier, Boeing, CubCrafters, Inc.,
Gulfstream Aerospace Corporation, DAHER-SOCATA, Piper Aircraft, Inc.,
Quest Aircraft Company, Flight Design GmbH, Embraer S.A., Dassault
Falcon, and Thrush Aircraft Inc. are some leading players operating
in the global market for general aviation.
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