Aircraft Piston Engine Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2030 Segmented By Number of Engines (Single Engine, and Multi Engine), By MTOW (Below 1000Kg, 1000-2000Kg, and Above 2000kg), and By Region
Published Date: March - 2025 | Publisher: MIR | No of Pages: 280 | Industry: Aerospace and Defense | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationPiston Engine Aircraft Market Size was put at 22.48 (USD Billion) in 2023. Piston Engine Aircraft Market is poised to grow from 23.06(USD Billion) in 2024 to 30.5 (USD Billion) in 2035.
Piston engine market has exhibited a reasonable growth trend in the last three years and is likely to rise at an extraordinary pace during the forecast period. The piston engine of the aircraft has always been market leading in terms of technology, although some of the segments of the aircraft piston engine that have acquired some traction include airframes, cylinder coatings, and avionics. With the launch of the first single-engine private jet, Circus Aircraft, one of the leading players in the aircraft engine industry, is replacing its piston-engine planes with jet planes.
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The SR22 has been the best-selling plane since 2002. SR22 models account for over 30% of the piston aircraft market. 1,019 piston aircraft were delivered in total during 2016, of which 890 were single-engine planes and 129 were multi-engine planes. The developing markets, where people would be able to own piston engine planes because of improved infrastructure, are expected to contribute significantly towards increased piston aircraft sales.
The aircraft require a suitable infrastructure and space for their maintenance and to store in a secure location when they are not being used. Europe & CIS and North America possess the majority of the individual user of aircraft that have their own private piston engine aircraft because of which these two regions account for the highest market share in the worldwide aircraft piston engine market.
Declining Air Travel Costs
The commercial air travel industry has seen growth due to a decrease in the cost of traveling, which has boosted passenger air traffic. With time, traveling has become easier for people as commercial aircraft-owning companies have reduced their prices to make traveling an easy option for people. Because of this, demand for commercial aircraft in the market has increased, due to which the aircraft piston engine demand has also increased in many countries across the globe.
Availability of Different Types of Piston Engines in the Market
An aircraft with a piston engine, often known as a reciprocating engine, is one with an internal combustion (IC) engine that produces power using cylinders and pistons rather than turbines. The engine consists of one or more reciprocating pistons for converting pressure into rotational motion. Aircraft with piston engines are compact and have a thin front fuselage. They are frequently found at in single-engine and multi-engine variations, are very dependable, strong, and need little upkeep and fuel. Additionally, there is less space between the cylinder and the piston in the airplane plane, which results in high compression and heat generation, improving total fuel economy. Piston engine aircraft are frequently used for defense, military, and commercial purposes.
Increased Involvement of Law Enforcement Agencies in Air Recreational Activities
Law enforcement organizations uphold strict regulation and safety standards for recreational aircraft use for operations and events, which seriously limits the capacity of manufacturers to release more "adventurous" models. The Civil Aviation Safety Authority (CASA) announced the introduction of an Approved Organizations Model under part 149, which permits increased presence at events like air shows, as one of a number of policies that ensured greater involvement and oversight in air recreational sports activities in 2015. This would involve interfering with the RAAO, which puts pressure on the flexibility and freedom provided to air recreational enthusiasts. The recommendations also call for more RAAO surveillance, both planned and unplanned.
Regions With Higher Aircraft Piston Engine Market Opportunities
Regions with an established infrastructure for aircraft landing and higher levels of discretionary income, such as North America and the Middle East, are able to buy private planes for commuting and leisure, due to which demand for aircraft piston engines for commercial aircraft has increased in the market. One of the hubs for the private aviation sector, for instance, is New York City, which has numerous private
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Market Segmentation
Key players in the aircraft piston engine market include Cirrus Aircraft, Diamond Aircraft, Piper Aircraft, Textron Aviation, and Costruzioni Aeronautiche TECNAM, among others.
Company Profiles
Piper Aircraft, American Champion Aircraft, Tecnam Aircraft, Textron Inc., Cirrus Aircraft, Diamond Aircraft, Flight Design GmbH, Extra Aircraft, Costruzioni Aeronautiche Tecnam, Robinson Public Company Limited,
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Attribute |
Details |
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Base Year |
2022 |
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Historical Years |
2018 – 2021 |
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Estimated Year |
2023 |
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Forecast Period |
2024 – 2030 |
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Quantitative Units |
Revenue in USD Billion and CAGR for 2018-2022 and 2023E-2030F |
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Report Coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
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Segments Covered |
· By Number of Engines · By MTOW · By Region |
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Regional Scope |
North America, Europe & CIS, Asia-Pacific, South America, and Middle East & Africa |
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Country Scope |
United States, Canada, Mexico, Germany, Spain, Russia, France, United Kingdom, Slovakia, Italy, China, India, Japan, South Korea, Indonesia, Thailand, Malaysia, Vietnam, Brazil, Argentina, Colombia, Saudi Arabia, Turkey, South Africa, Egypt |
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Key Companies Profiled |
Piper Aircraft, American Champion Aircraft, Tecnam Aircraft, Textron Inc., Cirrus Aircraft, Diamond Aircraft, Flight Design GmbH, Extra Aircraft, Costruzioni Aeronautiche Tecnam, Robinson Public Company Limited. |
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Customization Scope |
10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
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Pricing and Purchase Options |
Avail of customized purchase options to meet your exact research needs. Explore purchase options |
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Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request) |
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