Global Hang-Glider market was valued at 101.14 Million US$ in 2018 and is projected to reach 140.41 Million US$ by 2024
Wednesday, 17 Jun, 2020
Hang-Glider is a kind of glider used for air sport or recreational activity, most modern hang gliders are made of an aluminium alloy or composite frame covered with synthetic sailcloth to form a wing.
 
The Hang-Glider market was valued at 101.14 Million US$ in 2018 and is projected to reach 140.41 Million US$ by 2024, at a CAGR of 5.62% during the forecast period.
 
Key players in global Hang-Glider market include: Aeros, Charly, Charly Produkte, ICARO, Icaro paragliders, Independence-World, KARPOFLY, KORTEL DESIGN.
 
The key consumption markets locate at developed countries. The Europe takes the market share of 31%, followed by North America with 25%. Thanks to the rapid economic growth in Asia, Hang-Glider consumption in Asia is expected to have a rapid growth.