Commercial Aircraft Market, By Application (Passenger and Cargo), By Size (Narrow Body, Wide Body, Regional & Business Jet, and Freighter), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)
Commercial Aircraft Market, By Application (Passenger and Cargo), By Size (Narrow Body, Wide Body, Regional & Business Jet, and Freighter), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)
The global commercial aircraft market has been witnessing steady growth over the past few decades. Factors, such as increasing air traffic, demand for fuel-efficient aircraft, and growing demand for air travel across regions, are propelling the market growth. Major aircraft manufacturers such as Boeing and Airbus continue to introduce new aircraft variants with improvements in design and technologies to enhance the passenger experience. Over the coming years, the commercial aircraft industry is projected to grow significantly with new aircraft deliveries and fleet expansion plans of airlines worldwide.
Market Dynamics:
The key drivers contributing to growth in the commercial aircraft market include rising passenger traffic, replacement of aging fleet, and introduction of new fuel-efficient aircraft variants by manufacturers. According to Boeing forecasts, the passenger traffic is projected to double over the next 20 years driven by the rising middle class population in emerging economies. In addition, airlines are retiring older narrow-body and wide-body aircraft and placing new aircraft orders to reduce maintenance costs and improve fuel efficiency. This is leading manufacturers like Boeing and Airbus to ramp up aircraft production levels. However, factors such as geopolitical tensions, delays in aircraft deliveries due to supply chain issues, and economic uncertainties may act as restraints for the market. On the positive side, growing airline routes in developing regions, investments in urban air mobility, and investments in sustainable aviation fuels create new opportunities for the long term growth of the commercial aircraft industry.
Key features of the study:
This report provides an in-depth analysis of the global commercial aircraft market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2024–2031), considering 2023 as the base year.
It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, and competitive strategies adopted by key players.
It profiles key players in the global commercial aircraft market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
Key companies covered as a part of this study include Companies covered Boeing Company , Airbus SE , Embraer S.A. , Bombardier Inc. , Lockheed Martin Corporation , General Dynamics Corporation , United Technologies Corporation , Rolls-Royce Holdings plc , Honeywell International Inc. , Safran SA , Thales Group , and Raytheon Technology.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
The global commercial aircraft market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global commercial aircraft market.
Detailed Segmentation-
By Application
Passenger
Cargo
By Size
Narrow Body
Wide Body
Regional & Business Jet
Freighter
By Regional
North America
Europe
Asia Pacific
Latin America
Middle East
Africa
Key Players
Boeing Company
Airbus SE
Embraer S.A.
Bombardier Inc.
Lockheed Martin Corporation
General Dynamics Corporation
United Technologies Corporation
Rolls-Royce Holdings plc
Honeywell International Inc.
Safran SA
Thales Group
Raytheon Technology
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Application
Market Snippet, By Size
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Opportunities
Regulatory Scenario
Industry Trend
Merger and Acquisitions
New System Launches/Approvals
Impact of the COVID-19 Pandemic
4. Global Commercial Aircraft Market, By Application, 2019-2031 (US$ Billion)
Introduction
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2019-2031
Segment Trends
Passenger
Introduction
Market Size and Forecast, 2019-2031, (US$ Billion)
Cargo
Introduction
Market Size and Forecast, 2019-2031, (US$ Billion)
5. Global Commercial Aircraft Market, By Size, 2019-2031 (US$ Billion)
Introduction
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2019-2031
Segment Trends
Narrow Body
Introduction
Market Size and Forecast, 2019-2031, (US$ Billion)
Wide Body
Introduction
Market Size and Forecast, 2019-2031, (US$ Billion)
Regional & Business Jet
Introduction
Market Size and Forecast, 2019-2031, (US$ Billion)
Freighter
Introduction
Market Size and Forecast, 2019-2031, (US$ Billion)
6. Global Commercial Aircraft Market, By Region, 2019-2031 (US$ Billion)
Introduction
Market Share Analysis, By Region, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2019-2031
North America
Regional Trends
Market Size and Forecast, By Application, 2019-2031 (US$ Billion)
Market Size and Forecast, By Size, 2019-2031 (US$ Billion)
Market Share Analysis, By Country, 2019 and 2031 (%)
U.S.
Canada
Europe
Regional Trends
Market Size and Forecast, By Application, 2019-2031 (US$ Billion)
Market Size and Forecast, By Size, 2019-2031 (US$ Billion)
Market Share Analysis, By Country, 2019 and 2031 (%)
U.K.
Germany
Italy
France
Russia
Rest of Europe
Asia Pacific
Regional Trends
Market Size and Forecast, By Application, 2019-2031 (US$ Billion)
Market Size and Forecast, By Size, 2019-2031 (US$ Billion)
Market Share Analysis, By Country, 2019 and 2031 (%)
China
India
ASEAN
Australia
South Korea
Japan
Rest of Asia Pacific
Latin America
Regional Trends
Market Size and Forecast, By Application, 2019-2031 (US$ Billion)
Market Size and Forecast, By Size, 2019-2031 (US$ Billion)
Market Share Analysis, By Country, 2019 and 2031 (%)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East & Africa
Regional Trends
Market Size and Forecast, By Application, 2019-2031 (US$ Billion)
Market Size and Forecast, By Size, 2019-2031 (US$ Billion)
Market Share Analysis, By Country, 2019 and 2031 (%)
GCC Countries
South Africa
Rest of the Middle East & Africa
7. Competitive Landscape
Company Profiles
Companies covered
Boeing
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Airbus SE
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Embraer S.A.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Bombardier Inc.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Lockheed Martin Corporation
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
General Dynamics Corporation
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
United Technologies Corporation
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Rolls-Royce Holdings plc
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Honeywell International Inc.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Safran SA
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Thales Group
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Raytheon Technology
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
8. Analyst Recommendations
Wheel of Fortune
Analyst View
Coherent Opportunity Map
9. Research Methodology
References
Research Methodology
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