The forecasted growth of the amateur-built aircraft market in the US from 2024 to 2028 shows a consistent but modest increase, with values rising from 19.47 to 19.74 thousand. This represents a steady annual growth rate of around 0.35%. When comparing to 2023, where the number stood at approximately 19.40 thousand, the year-on-year increase signifies stable interest and investment in the sector. The compound annual growth rate (CAGR) over this period is projected at around 0.35%.
Future Trends to Watch For:
- Technological advancements in materials and construction techniques enhancing aircraft performance and safety.
- Growing community and organizational support, potentially increasing interest and participation in building aircraft.
- Policy and regulation changes that could impact the ease and accessibility of DIY aircraft building.