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Passenger Aircrafts Global Market Report 2024

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    Report

  • 175 Pages
  • February 2024
  • Region: Global
  • The Business Research Company
  • ID: 5735310
The passenger aircrafts market size has grown exponentially in recent years. It will grow from $97.26 billion in 2023 to $124.06 billion in 2024 at a compound annual growth rate (CAGR) of 27.6%. The expansion observed in the historical period can be credited to factors such as the growth of the global economy, an increase in the middle-class population, the expansion of the tourism industry, liberalization in air transport, and advancements in efficiency.

The passenger aircrafts market size is expected to see strong growth in the next few years. It will grow to $156.31 billion in 2028 at a compound annual growth rate (CAGR) of 5.9%. The anticipated growth in the forecast period can be linked to the requirements of urbanization and connectivity, the increasing demand in emerging markets, the emphasis on environmental sustainability, the recovery of air travel post-pandemic, and the advancements in technology, which are included for the forecast. Key trends expected in the forecast period involve the emergence of electric and hybrid aircraft, heightened connectivity both during and in-flight, a focus on health and sanitation features, the adoption of flexible fleet strategies, and the initiation of urban air mobility (UAM) initiatives.

The anticipated growth in the passenger aircraft market during the forecast period is expected to be propelled by the increasing global tourism. Global tourism, characterized by the substantial movement of goods, services, and people, stands as a significant driver for economic growth and socio-political transformation. For instance, the United Nations World Tourism Organization (UNWTO) reported that international tourist arrivals surpassed expectations in 2022, with over 900 million tourists traveling internationally, doubling the figures from 2021. Consequently, the surge in global tourism serves as a catalyst for the growth of the passenger aircraft market.

The projected rise in demand for air travel is also poised to contribute to the expansion of the passenger aircraft market in the forecast period. As a mode of transportation involving various flight-capable vehicles such as airplanes, helicopters, and hot air balloons, air travel is expected to witness increased demand, resulting in more flights and passengers. Airlines will need to procure additional aircraft to meet this growing demand, driven by economic growth, population expansion, and urbanization. For example, data from The International Air Transport Association (IATA) indicated a 26.2% increase in total air traffic in July 2023 compared to July 2022. This surge in air travel demand is a key factor expected to drive the growth of the passenger aircraft market.

The aftermath of the COVID-19 pandemic is anticipated to impose constraints on the growth of the passenger aircraft market in the forthcoming years. The aerospace industry faces significant challenges, including a reduction in new aircraft orders and the temporary suspension of existing orders due to the impact of the pandemic. Decreased demand has not only affected original equipment manufacturers (OEMs) but has also rippled through the entire supply chain. In response to the economic downturn, the International Air Transport Organization reported a $200 billion cash injection into the aerospace industry. Major players, such as Airbus, announced production cutbacks, with a reduction in monthly production of its A320 aircraft from 60 to 40 per month, amounting to approximately $2.25 billion per month. Consequently, the lingering effects of COVID-19 act as a constraint on the growth of the passenger aircraft market.

The passenger aircraft market is witnessing a prominent trend as blockchain technology is increasingly being integrated into the aerospace sector. Companies within the aerospace industry, irrespective of their size or type, recognize the potential of blockchain networks in enhancing their operations and securely exchanging information across various stages and touchpoints, ranging from airline ticket counters to flight lines. An illustrative example is the launch of a blockchain consortium by SITA, a Switzerland-based provider of IT and telecommunication services to the air transport industry, in February 2020. This consortium supports the aviation industry in tracking aircraft components, specifically in the servicing, repair, and overhaul (MRO) of these components. PricewaterhouseCoopers (PwC) suggests that the implementation of blockchain technology could potentially increase revenue in the aviation industry by up to 4%, equivalent to US$ 40 billion, while simultaneously reducing MRO costs globally by around 5%, or US$ 3.5 billion.

Leading companies in the passenger aircraft market are engaged in product innovation to enhance profitability. One such innovation is the development of flight simulator software, a computer program simulating the experience of flying an aircraft. This software serves various purposes, including pilot training, entertainment, and research. An instance of this innovation is the launch of the X-66A by NASA (The National Aeronautics and Space Administration) and The Boeing Company in June 2023. Part of NASA's Sustainable Flight Demonstrator project, the X-66A aims to contribute to the development of a more sustainable generation of single-aisle aircraft. By leveraging technologies for sustainability, it targets a significant reduction in aviation greenhouse gas emissions, aligning with the industry's goal of achieving net-zero aviation emissions by 2050.

In April 2022, Textron Inc., a multi-industry company based in the United States, acquired Pipistrel for an undisclosed amount. Through this acquisition, Pipistrel, a Slovenia-based private aircraft manufacturer, gains access to increased resources, technical and regulatory expertise, and a global network for aircraft sales and support. This strategic move positions Pipistrel to expedite the development and certification of electric and hybrid electric aircraft, contributing to advancements in environmentally friendly aviation.

Major companies operating in the passenger aircrafts market report are The Boeing Company, Lockheed Martin Corporation, Airbus SE, Antonov Design Bureau, Mitsubishi Heavy Industries Ltd. (MHI), Leonardo S.p.A., Textron Inc., Gulfstream Aerospace Corporation, Dassault Aviation SA, Bombardier Inc., Embraer SA, Saab AB, Cessna Aircraft Company, Hindustan Aeronautics Limited (HAL), Irkut Corporation, Piaggio Aero Industries S.p.A., Korea Aerospace Industries Ltd. (KAI), Pilatus Aircraft Ltd., Commercial Aircraft Corporation of China Ltd. (COMAC), Piper Aircraft Inc., Quest Aircraft Company, Sukhoi Civil Aircraft Company, Viking Air Ltd., Ilyushin Aviation Complex - JSC, Cirrus Aircraft Corporation, De Havilland Aircraft of Canada Limited, Diamond Aircraft Industries Inc., Honda Aircraft Company Ltd. North America was the largest region in the passenger aircrafts market in 2023. North America is expected to be the fastest-growing region in the global passenger aircrafts market share during the forecast period. The regions covered in the passenger aircrafts market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The primary categories of passenger aircraft include single-aisle aircraft, twin-aisle aircraft, regional jets, and business jets. Single-aisle aircraft, often smaller in size, are commonly utilized for short-haul international and domestic flights, accommodating as few as four passengers up to 300. Various aircraft types, including fixed-wing and rotorcraft, feature engine types such as turbofan, turboprop, and turboshaft, catering to both full-service carriers and low-cost carriers. The diverse engines employed in passenger aircraft include turbofan, turboprop, and turboshaft configurations.

The passenger aircrafts market research report is one of a series of new reports that provides passenger aircrafts market statistics, including passenger aircrafts industry global market size, regional shares, competitors with a passenger aircrafts market share, detailed passenger aircrafts market segments, market trends and opportunities, and any further data you may need to thrive in the passenger aircrafts industry. This passenger aircrafts market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The countries covered in the passenger aircrafts market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The passenger aircrafts market consists of sales of aircraft of various types and sizes for passenger transportation. The market includes MRO (maintenance, repair, and overhaul) services provided by manufacturers during the aircraft’s warranty period. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Table of Contents

1. Executive Summary2. Passenger Aircrafts Market Characteristics3. Passenger Aircrafts Market Trends and Strategies
4. Passenger Aircrafts Market - Macro Economic Scenario
4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market
5. Global Passenger Aircrafts Market Size and Growth
5.1. Global Passenger Aircrafts Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global Passenger Aircrafts Historic Market Size and Growth, 2018-2023, Value ($ Billion)
5.3. Global Passenger Aircrafts Forecast Market Size and Growth, 2023-2028, 2033F, Value ($ Billion)
6. Passenger Aircrafts Market Segmentation
6.1. Global Passenger Aircrafts Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Single-Aisle Aircraft
  • Twin-Aisle Aircraft
  • Regional Jets
  • Business Jets
6.2. Global Passenger Aircrafts Market, Segmentation by Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Fixed-Wing Aircraft
  • Rotorcraft
6.3. Global Passenger Aircrafts Market, Segmentation by Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Turbofan
  • Turboprop
  • Turboshaft
6.4. Global Passenger Aircrafts Market, Segmentation by Carrier Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Full Service Carrier
  • Low-Cost Carrier
7. Passenger Aircrafts Market Regional and Country Analysis
7.1. Global Passenger Aircrafts Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Passenger Aircrafts Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Passenger Aircrafts Market
8.1. Asia-Pacific Passenger Aircrafts Market Overview
Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Passenger Aircrafts Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Passenger Aircrafts Market, Segmentation by Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Passenger Aircrafts Market, Segmentation by Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Passenger Aircrafts Market
9.1. China Passenger Aircrafts Market Overview
9.2. China Passenger Aircrafts Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Passenger Aircrafts Market, Segmentation by Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Passenger Aircrafts Market, Segmentation by Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Passenger Aircrafts Market
10.1. India Passenger Aircrafts Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Passenger Aircrafts Market, Segmentation by Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Passenger Aircrafts Market, Segmentation by Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Passenger Aircrafts Market
11.1. Japan Passenger Aircrafts Market Overview
11.2. Japan Passenger Aircrafts Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Passenger Aircrafts Market, Segmentation by Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Passenger Aircrafts Market, Segmentation by Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Passenger Aircrafts Market
12.1. Australia Passenger Aircrafts Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Passenger Aircrafts Market, Segmentation by Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Passenger Aircrafts Market, Segmentation by Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Passenger Aircrafts Market
13.1. Indonesia Passenger Aircrafts Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Passenger Aircrafts Market, Segmentation by Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Passenger Aircrafts Market, Segmentation by Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Passenger Aircrafts Market
14.1. South Korea Passenger Aircrafts Market Overview
14.2. South Korea Passenger Aircrafts Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Passenger Aircrafts Market, Segmentation by Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Passenger Aircrafts Market, Segmentation by Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Passenger Aircrafts Market
15.1. Western Europe Passenger Aircrafts Market Overview
15.2. Western Europe Passenger Aircrafts Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Passenger Aircrafts Market, Segmentation by Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Passenger Aircrafts Market, Segmentation by Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Passenger Aircrafts Market
16.1. UK Passenger Aircrafts Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Passenger Aircrafts Market, Segmentation by Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Passenger Aircrafts Market, Segmentation by Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Passenger Aircrafts Market
17.1. Germany Passenger Aircrafts Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Passenger Aircrafts Market, Segmentation by Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Passenger Aircrafts Market, Segmentation by Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Passenger Aircrafts Market
18.1. France Passenger Aircrafts Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Passenger Aircrafts Market, Segmentation by Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Passenger Aircrafts Market, Segmentation by Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Passenger Aircrafts Market
19.1. Italy Passenger Aircrafts Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Passenger Aircrafts Market, Segmentation by Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Passenger Aircrafts Market, Segmentation by Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Passenger Aircrafts Market
20.1. Spain Passenger Aircrafts Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Passenger Aircrafts Market, Segmentation by Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Passenger Aircrafts Market, Segmentation by Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Passenger Aircrafts Market
21.1. Eastern Europe Passenger Aircrafts Market Overview
21.2. Eastern Europe Passenger Aircrafts Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Passenger Aircrafts Market, Segmentation by Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Passenger Aircrafts Market, Segmentation by Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Passenger Aircrafts Market
22.1. Russia Passenger Aircrafts Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Passenger Aircrafts Market, Segmentation by Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Passenger Aircrafts Market, Segmentation by Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Passenger Aircrafts Market
23.1. North America Passenger Aircrafts Market Overview
23.2. North America Passenger Aircrafts Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Passenger Aircrafts Market, Segmentation by Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Passenger Aircrafts Market, Segmentation by Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Passenger Aircrafts Market
24.1. USA Passenger Aircrafts Market Overview
24.2. USA Passenger Aircrafts Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Passenger Aircrafts Market, Segmentation by Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Passenger Aircrafts Market, Segmentation by Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Passenger Aircrafts Market
25.1. Canada Passenger Aircrafts Market Overview
25.2. Canada Passenger Aircrafts Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Passenger Aircrafts Market, Segmentation by Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Passenger Aircrafts Market, Segmentation by Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Passenger Aircrafts Market
26.1. South America Passenger Aircrafts Market Overview
26.2. South America Passenger Aircrafts Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Passenger Aircrafts Market, Segmentation by Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Passenger Aircrafts Market, Segmentation by Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Passenger Aircrafts Market
27.1. Brazil Passenger Aircrafts Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Passenger Aircrafts Market, Segmentation by Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Passenger Aircrafts Market, Segmentation by Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Passenger Aircrafts Market
28.1. Middle East Passenger Aircrafts Market Overview
28.2. Middle East Passenger Aircrafts Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Passenger Aircrafts Market, Segmentation by Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Passenger Aircrafts Market, Segmentation by Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Passenger Aircrafts Market
29.1. Africa Passenger Aircrafts Market Overview
29.2. Africa Passenger Aircrafts Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Passenger Aircrafts Market, Segmentation by Aircraft Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Passenger Aircrafts Market, Segmentation by Engine Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Passenger Aircrafts Market Competitive Landscape and Company Profiles
30.1. Passenger Aircrafts Market Competitive Landscape
30.2. Passenger Aircrafts Market Company Profiles
30.2.1. The Boeing Company
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. Lockheed Martin Corporation
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. Airbus SE
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. Antonov Design Bureau
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. Mitsubishi Heavy Industries Ltd. (MHI)
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Passenger Aircrafts Market Other Major and Innovative Companies
31.1. Leonardo S.p.A.
31.2. Textron Inc.
31.3. Gulfstream Aerospace Corporation
31.4. Dassault Aviation SA
31.5. Bombardier Inc.
31.6. Embraer SA
31.7. Saab AB
31.8. Cessna Aircraft Company
31.9. Hindustan Aeronautics Limited (HAL)
31.10. Irkut Corporation
31.11. Piaggio Aero Industries S.p.A.
31.12. Korea Aerospace Industries Ltd. (KAI)
31.13. Pilatus Aircraft Ltd
31.14. Commercial Aircraft Corporation of China Ltd. (COMAC)
31.15. Piper Aircraft Inc
32. Global Passenger Aircrafts Market Competitive Benchmarking33. Global Passenger Aircrafts Market Competitive Dashboard34. Key Mergers and Acquisitions in the Passenger Aircrafts Market
35. Passenger Aircrafts Market Future Outlook and Potential Analysis
35.1 Passenger Aircrafts Market in 2028 - Countries Offering Most New Opportunities
35.2 Passenger Aircrafts Market in 2028 - Segments Offering Most New Opportunities
35.3 Passenger Aircrafts Market in 2028 - Growth Strategies
35.3.1 Market Trend-based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Passenger Aircrafts Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on passenger aircrafts market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
  • Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
  • Report will be updated with the latest data and delivered to you with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for passenger aircrafts? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Report Scope

Markets Covered:
1) By Type: Single-Aisle Aircraft; Twin-Aisle Aircraft; Regional Jets; Business Jets
2) By Aircraft Type: Fixed-Wing Aircraft; Rotorcraft
3) By Engine Type: Turbofan; Turboprop; Turboshaft
4) By Carrier Type: Full Service Carrier; Low-Cost Carrier

Key Companies Mentioned: The Boeing Company; Lockheed Martin Corporation; Airbus SE; Antonov Design Bureau; Mitsubishi Heavy Industries Ltd. (MHI)

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes

Delivery Format: PDF, Word and Excel Data Dashboard

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • The Boeing Company
  • Lockheed Martin Corporation
  • Airbus SE
  • Antonov Design Bureau
  • Mitsubishi Heavy Industries Ltd. (MHI)
  • Leonardo S.p.A.
  • Textron Inc.
  • Gulfstream Aerospace Corporation
  • Dassault Aviation SA
  • Bombardier Inc.
  • Embraer SA
  • Saab AB
  • Cessna Aircraft Company
  • Hindustan Aeronautics Limited (HAL)
  • Irkut Corporation
  • Piaggio Aero Industries S.p.A.
  • Korea Aerospace Industries Ltd. (KAI)
  • Pilatus Aircraft Ltd
  • Commercial Aircraft Corporation of China Ltd. (COMAC)
  • Piper Aircraft Inc.
  • Quest Aircraft Company
  • Sukhoi Civil Aircraft Company
  • Viking Air Ltd.
  • Ilyushin Aviation Complex - JSC
  • Cirrus Aircraft Corporation
  • De Havilland Aircraft of Canada Limited
  • Diamond Aircraft Industries Inc.
  • Honda Aircraft Company Ltd.

Methodology

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