DUBLIN , Nov. 23, 2023 /PRNewswire/ -- The "Commercial Aircraft - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Commercial Aircraft Market to Reach $170.7 Billion by 2030
The global market for Commercial Aircraft estimated at US$126.9 Billion in the year 2022, is projected to reach a revised size of US$170.7 Billion by 2030, growing at a CAGR of 3.8% over the analysis period 2022-2030.
Narrow Body, one of the segments analyzed in the report, is projected to record a 3.8% CAGR and reach US$93.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Wide Body segment is readjusted to a revised 3.4% CAGR for the next 8-year period.
The U.S. Market is Estimated at $34.6 Billion, While China is Forecast to Grow at 6.4% CAGR
The Commercial Aircraft market in the U.S. is estimated at US$34.6 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$34.9 Billion by the year 2030 trailing a CAGR of 6.4% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2% and 3.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.5% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$22.5 Billion by the year 2030.
MARKET OVERVIEW
- Influencer Market Insights
- Impact of COVID-19 Pandemic and Looming Global Recession
- Net Profit of Commercial Airlines Worldwide (in US$ Billion) for 2006-2021
- Commercial Aircraft: A Prelude
- Single-Aisle aircraft
- Twin-Aisle Aircraft
- Regional Jets
- Cargo Aircraft
- Business Jets
- Global Market Prospects & Outlook
- Narrow Body Aircraft to Witness High Growth
- Asian Economies to Spearhead Future Growth
- Competition
- Airbus & Boeing: The Market Leaders
- Commercial Aircraft - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
MARKET TRENDS & DRIVERS
- Post Pandemic Recovery in Air Travel to Boost Commercial Aircraft Market
- Global Passenger Air Traffic Estimated Growth (%) for 2020-2023
- Decline in Revenue Passenger Kilometers by Domestic and International in 2020
- Global Air Passenger Traffic and Capacity YoY Growth (in %) for International and Domestic Routes by Region/Country: September 2020
- With Airlines Exploring New Routes, The Resultant Need to Expand Aircraft Fleet to Present Long-term Growth for Commercial Aircraft
- Promising New Airline Routes for Commercial Aircraft
- Focus on Connecting Secondary Cities and Develop Prime Aviation Hubs in Several Countries Presents Growth Opportunity
- Market to Benefit from Rising Consumer Affluence and Growing Middle Class Population in Emerging Economies
- Low Cost Carriers Presents Favorable Outlook for Commercial Aircraft Market
- Global Low Cost Airlines Market Size in US$ Billion for 2019, 2022 and 2025
- Low Cost Airlines Capture Growing Share Amidst the Pandemic: Low Cost Airlines as % of Airline Capacity by Number of Available Seats for Mar-Jul 2020
- New Technologies Emerge to Address Key Challenges in Commercial Aircraft
- AI Gains Momentum in Commercial Aircraft Manufacturing
- Tourism Industry and Air Travel Trends: Key Indicators of Growth in Commercial Aircraft Market
- International Tourism Receipts (in US$ Billion) for 2010-2020
- COVID-19 Impact on Tourism Industry: % Decline in Travel and Tourism Industry Revenues by Select Country for 2019 & 2020
- Countries With Highest Vulnerability to COVID-19 Impact on Tourism: Travel & Tourism Industry as % of GDP by Country for 2019
- Upgrade to New Generation Aircraft for Enhancing Customer Experiences Drives Market
- Industry Trend in Favor of Fuel-Efficient and Environment-Friendly Aircraft
- A Review of Commercial Aircraft Segments
- Single-Aisle Aircraft Market
- Single Aisle Aircraft Deliveries Market Share Breakdown by Company for 2016-2035
- Twin-Aisle Aircraft Market
- Global Twin-Aisle Deliveries Market Breakdown by Airline Type (2016-2035)
- Regional Jets Market
- Cargo Aircraft Market
- Air Cargo Market Worldwide by Region (in %) for September 2020
- Global Air Cargo Market: YoY Growth Rate (in %) of in CTK and Available CTK (As of September 2020)
- Business Jets Market
- Global Business Jet Market Revenues by Range (in %) for 2019
- COVID-19 Impact on Business Aviation: Implications for Business Jets Market
- COVID-19 Impacts Business Jets Market: New Business Jet Deliveries by Company in H1 2020 Vs H1 2019
- Key Challenges Facing Commercial Aircraft Market
FOCUS ON SELECT PLAYERS (Total 16 Featured)
- Airbus Group SE
- Bombardier, Inc.
- Commercial Aircraft Corporation of China Ltd. (COMAC)
- Embraer SA
- GE Aviation
- Leonardo S.p.A
- Lockheed Martin Corporation
- Public Joint-Stock Company United Aircraft Corporation
- The Boeing Company
- United Technologies Corporation (UTC)
For more information about this report visit https://www.researchandmarkets.com/r/4diwsv
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