Hang Glider Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

The Hang Glider Market is Segmented by Type (Powered, and Non-powered), and Geography.

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Hang Glider Market Size

Hang Glider Market Size
Study Period 2018 - 2028
Base Year For Estimation 2021
Forecast Data Period 2024 - 2028
CAGR > 4.00 %
Fastest Growing Market Europe
Largest Market North America

Major Players

Hang Glider Market Major Players

*Disclaimer: Major Players sorted in no particular order
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Hang Glider Market Analysis

The hang glider market is anticipated to register a CAGR of over 8% during the forecast period.

  • The growth in interest among the people for the extreme/ adrenaline sports is mainly propelling the demand for the hang glider market.
  • North America region is estimated to lead the market due to the presence of enthusiasts for hang gliding in this region. However, Europe is expected to register the highest CAGR during the forecast period.

Hang Glider Market Trends

This section covers the major market trends shaping the Hang Glider Market according to our research experts:

Increasing Demand for Non-powered Hang Glider

The non-powered hang-glider is expected to continue its demand in the hang glider market during the forecast period. Most of the hang gliders we see today are not powered by any motor to propel the glider. Enthusiasts usually prefer the non-powered gliders primarily due to its lightweight nature that allows it to be carried around easily, and the ease of assembly and disassembly. If necessary, the non-powered hang gliders can be converted to powered hang gliders by adding a power system, motor, and propeller along with other small changes in the system. Thus, non-powered hang gliders are primarily built for the hang gliding, owing to their feasibility in conversion to powered ones. Additionally, non-powered hang gliders are cheap compared to powered ones. This is also one of the major factors where people prefer these hang gliders, and this trend is expected to continue the growth during the forecast period.

Hang Glider Market Trends

North America had the Largest Share in the Market in 2019

North America region had the largest share in the market due to the ever-growing number of enthusiasts for hang gliding in the region. The United States currently has a huge market share in the hang glider market. Geographically, many places in the US are favorable for the hang gliding, making it one of the most sought destinations for hang gliding sport. Also, there was an ever-increasing number of enthusiasts who prefer extreme/ adrenaline sports like hang gliding in the US. This would generally create demand for the market in the years to come. Many events are conducted for hang gliding enthusiasts in the United States annually. For instance, in May 2018, Kitty Hawk Kites, in North Carolina, US, recently hosted the 46th Annual Hang Gliding. Various other festivals are also being conducted annually on a large scale for many extreme sports in the region, including the hang gliding, which may promote the sport, thereby boosting the market revenues.

Hang Glider Market Forecast

Hang Glider Industry Overview

The prominent players in the hang glider market are Wills Wing Inc., Moyes Delta Gliders, Aeros Company, Airborne Windsports Pty Ltd, and North Wing. The intensity of rivalry among the competitors is high, mostly for obtaining long-term contracts. With the development of smart textiles, several hang glider manufacturers are now offering lightweight hang gliders for sports applications. Lightweight hang gliders are witnessing an increase in demand, and the players are focusing on building such hang gliders to increase their sales. For instance, North Wing, a player based in North America, designs and manufactures lightweight shift control Light-Sport Aircraft including Hang Gliders, and the accessories for the hang gliders. Such emphasis on materials and designs will help the players to gain new customers in the market.

Hang Glider Market Leaders

  1. Wills Wings Inc.

  2. Moyes Delta Gliders

  3. Aeros Company

  4. Airborne Windsports Pty Ltd

  5. North Wing

*Disclaimer: Major Players sorted in no particular order

Wills Wing Inc., Moyes Delta Gliders, Aeros Company, Airborne Windsports Pty Ltd, and North Wing.
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Hang Glider Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 Type

      1. 5.1.1 Powered

      2. 5.1.2 Non-powered

    2. 5.2 Geography

      1. 5.2.1 North America

      2. 5.2.2 Europe

      3. 5.2.3 Asia-Pacific

      4. 5.2.4 Latin America

      5. 5.2.5 Middle-East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Vendor Market Share

    2. 6.2 Company Profiles

      1. 6.2.1 Wills Wings Inc.

      2. 6.2.2 Moyes Delta Gliders

      3. 6.2.3 Aeros Company

      4. 6.2.4 Airborne Windsports Pty Ltd

      5. 6.2.5 North Wing

      6. 6.2.6 Avian Limited

      7. 6.2.7 Icaro 2000 srl

      8. 6.2.8 Finsterwalder GmbH

      9. 6.2.9 La Mouette

      10. 6.2.10 Albatross Flying Systems

      11. 6.2.11 QUASAR

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Hang Glider Industry Segmentation

Hang glider is a light, foot-launched heavier-than-air aircraft used in hang gliding. Most modern hang gliders are made of an aluminum alloy or composite frame covered with synthetic material to form a wing. The market is segmented by type and geography.

Type
Powered
Non-powered
Geography
North America
Europe
Asia-Pacific
Latin America
Middle-East and Africa
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Hang Glider Market Research FAQs

The Hang Glider Market is projected to register a CAGR of greater than 4% during the forecast period (2023-2028).

Wills Wings Inc., Moyes Delta Gliders, Aeros Company, Airborne Windsports Pty Ltd and North Wing are the major companies operating in the Hang Glider Market.

Europe is estimated to grow at the highest CAGR over the forecast period (2023-2028).

In 2023, the North America accounts for the largest market share in the Hang Glider Market.

Hang Glider Industry Report

Statistics for the 2023 Hang Glider market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Hang Glider analysis includes a market forecast outlook to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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