What is Global Gyrocopters Market?
The Global Gyrocopters Market is a fascinating and dynamic sector that has been gaining significant attention in recent years. Gyrocopters, also known as autogyros or gyroplanes, are a type of rotorcraft that use an unpowered rotor in free autorotation to develop lift, and an engine-powered propeller, similar to that of a fixed-wing aircraft, to provide thrust. These unique aircrafts are not only fun to fly, but they also offer a range of practical uses, from recreational flying to search and rescue operations. The global market for these aircrafts is currently valued at US$ 56 million as of 2022, and it is projected to grow to US$ 65 million by 2029. This represents a compound annual growth rate (CAGR) of 2.1% during the forecast period from 2023 to 2029. However, it's important to note that these figures are estimates and actual market performance may vary.
Open Cockpit, Enclosed Cockpit in the Global Gyrocopters Market:
The Global Gyrocopters Market can be segmented based on the type of cockpit, namely open cockpit and enclosed cockpit. Open cockpit gyrocopters are the more traditional type, offering an unobstructed view of the surroundings and a more immersive flying experience. They accounted for a significant 65% of the market share. On the other hand, enclosed cockpit gyrocopters provide a more comfortable and protected environment for the pilot and passenger, making them suitable for longer flights and harsher weather conditions. Major manufacturers in this market include AutoGyro, Magni Gyro, ELA Aviation, Trixy Aviation Products, Aviomania Aircraft, Celier Aviation, Aviation Artur Trendak, Sport Copter, Rotorvox, Niki Rotor Aviation, Carpenterie Pagotto, Sun Hawk Aviation, Xiangchen Tongfei. It's interesting to note that the production from the top ten manufacturers accounts for more than 70% of the total sales in the market.
Civil Use, Military in the Global Gyrocopters Market:
The usage of gyrocopters extends to both civil and military applications. In the civil sector, gyrocopters are used for recreational flying, aerial photography and filming, agricultural monitoring, and even in search and rescue operations. Their ability to take off and land in small spaces, combined with their relatively low cost compared to other aircraft, makes them a popular choice for these applications. In the military sector, gyrocopters are used for surveillance, reconnaissance, and patrol missions. Their low noise output and ability to hover at low speeds make them ideal for these roles. However, it's important to note that the specific usage of gyrocopters can vary greatly depending on the region and the specific needs of the users.
Global Gyrocopters Market Outlook:
In conclusion, the Global Gyrocopters Market is a diverse and growing sector with a wide range of applications. The market is currently dominated by open cockpit gyrocopters, but there is also a significant demand for enclosed cockpit models. The major manufacturers in this market are contributing to more than 70% of the total sales, indicating a high level of market concentration. The usage of gyrocopters in both the civil and military sectors is expected to continue to drive demand in the coming years. However, as with any market, it's important to keep in mind that these trends are subject to change and the actual market performance may vary.
| Report Metric | Details |
| Report Name | Gyrocopters Market |
| Accounted market size in 2022 | US$ 56 in million |
| Forecasted market size in 2029 | US$ 65 million |
| CAGR | 2.1% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | AutoGyro, Magni Gyro, ELA Aviation, Trixy Aviation Products, Aviomania Aircraft, Celier Aviation, Aviation Artur Trendak, Sport Copter, Rotorvox, Niki Rotor Aviation, Carpenterie Pagotto, Sun Hawk Aviation, Xiangchen Tongfei |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
