Commercial Aircraft Market, By Aircraft Type (Narrow-body Aircraft, Wide-body Aircraft, and Regional Aircraft), By Engine Type (Turbofan and Turboprop), By Application (Passenger Aircraft and Freighter) - Size, Share, Outlook, and Opportunity Analysis, 20

Commercial Aircraft Market, By Aircraft Type (Narrow-body Aircraft, Wide-body Aircraft, and Regional Aircraft), By Engine Type (Turbofan and Turboprop), By Application (Passenger Aircraft and Freighter) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Commercial aviation involves the operation of aircraft for hire. It is a branch of aviation that is distinct from private aviation. The purpose of a commercial aircraft is to transport passengers and goods, as opposed to being used for leisure. This industry is a booming business that has many benefits, but is also highly regulated and competitive. Commercial aircraft have very complex mechanisms that require precision and engineering to optimize their efficiency. Along with passenger and cargo flights, commercial airlines also operate cargo flights. These flights carry goods for commercial gain. These flights are usually operated by dedicated cargo airlines, such as UPS Airlines, or they may be operated by a traditional passenger airline.

Market Dynamics:

The increasing demand for commercial aircraft is expected to propel growth of the global commercial aircraft market over the forecast period. The demand for commercial aircraft is increasing due to growing air traffic and reduction in fuel prices. Moreover, the number of people travelling by air is likely to increase considerably in the near future, which is expected to fuel the market growth.

However, factors such as growing rate of delays in air traffic, lack of security, and stringent environmental regulations regarding carbon emission by aircraft are likely to obstruct growth of the global commercial aircraft market during the forecast period. .

Key features of the study:

• This report provides 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 (2022–2030), considering 2021 as the base year
• It elucidates potential revenue 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 approval, market trends, regional outlook, 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 Airbus SE, The Boeing Company, Embraer SA, ROSTEC, ATR, Commercial Aircraft Corporation of China Ltd., and Mitsubishi Aircraft Corporation.
• 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

• Global Commercial Aircraft Market, By Aircraft Type:
• Narrow-body Aircraft
• Wide-body Aircraft
• Regional Aircraft
• Global Commercial Aircraft Market, By Engine Type:
• Turbofan
• Turboprop
• Global Commercial Aircraft Market, By Application:
• Passenger Aircraft
• Freighter
• Global Commercial Aircraft Market, By Geography:
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa
• Company Profiles:
• Airbus SE
• The Boeing Company
• Embraer SA
• ROSTEC
• ATR
• Commercial Aircraft Corporation of China Ltd
• Mitsubishi Aircraft Corporation