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FEATURED COMPANIES
- Airbus SE
- ATR Aircraft
- Boeing Company
- Bombardier Inc.
- Embraer S.A.
- United Technologies Corp.
Free Webex Call
Speak directly to the analyst to clarify any post sales queries you may have.
10% Free customizationThis report comes with 10% free customization, enabling you to add data that meets your specific business needs.
The Global Commercial Aircraft Market was valued over USD 99 Billion in 2020 and is expected to grow at a CAGR of over 8.89%, in value terms, over the next five years, on the back of declining aviation turbine fuel prices, and economic growth all around the world. Aviation turbine fuel prices accounts for around 20% of an airline’s operating expenses, decrease in the aviation turbine fuel prices has elevated the usage and demand for commercial aircrafts around the world. The decrease in operating expenses of the airlines is making the airlines to invest more back into the commercial aircrafts and grow their operations in even more countries. Thus, growing airline operations across the world and increasing flight hours of the airlines is pushing the airlines to add more commercial aircrafts in their fleet. The growing commercial aircraft fleet of the countries is driving the Commercial Aircraft Market around the world. Expanding global economy and the increasing per capita income is making the air travel more affordable for the common people and is driving the usage of more passenger aircrafts around the world. Moreover, the growing number of businesses around the world is increasing the demand for freight transportation, as a result to meet the increasing demand air freight carrier companies are investing more to increase their freighter aircrafts fleet. The growing business has sparked the sales of freighter aircrafts all around the world and the same is expected to continue globally during the forthcoming years as well. Continuously improving airport infrastructure, connecting remote and mountainous regions globally, is increasing the usage of regional aircrafts, as a result more airlines are emerging and increasing the number of regional aircrafts in their commercial aircraft fleet. Continuously increasing number of regional aircrafts all around the world is driving the Global Commercial Aircraft Market. Keeping passenger safety concern in mind, in recent years the major commercial airlines of the countries all around the world have increased their rate of replacements of their existing commercial aircraft fleet, which has increased the sales of commercial aircraft across the globe.
The COVID-19 pandemic has adversely impacted the Commercial Aircraft Market, airlines had to stop their operations in most of the countries. Due to ceased commercial aircraft operations most airlines had either cancelled their commercial aircrafts orders or postponed their orders. From 2021, the market is showing positive signs and the passenger air travel is estimated to recover in the next 3 years. Globally, The Boeing Company and the Airbus Group are the market leaders in the Commercial aircraft market with narrow body commercial aircraft and wide body commercial aircraft segment accounting for over 90% of commercial aircraft sales, globally.
Some of the other major players operating globally in commercial aircraft market are Bombardier Inc, Embraer S.A., Commercial Aircraft Corporation of China (COMAC), Avions de transport (ATR), Aviation Industry Corporation of China (AVIC), Textron Aviation Inc., United Aircraft Corporation (UCA), and Mitsubishi Aircraft Corporation.
Years considered for this report:
Objective of the Study:
To perform the study, the publisher conducted primary as well as exhaustive secondary research. Initially, the publisher prepared an exhaustive list of commercial aircraft manufacturers and companies operating globally. Subsequently, the publisher conducted primary research surveys, which include primary calls, email responses, etc., with the identified companies. While interviewing, the respondents were also asked about their major competitors. Through this technique, the publisher could include manufacturers which could not be identified due to the limitations of secondary research. The publisher analysed product offerings, distribution channels, and regional presence of all major commercial aircraft suppliers across the globe.
The publisher calculated the market size for the Global Commercial Aircraft Market by using a bottom-up technique, wherein manufacturers’ volume sales data for different applications, were recorded as well as forecast for the future years. The publisher sourced these values from the industry experts and company representatives, and externally validated through analysing historical sales data of respective manufacturers to arrive at the overall market size. Multiple secondary sources such as directories, databases such as General Aviation Manufacturers Association (GAMA), Bureau of Transportation Statistics (USA), Directorate General of Civil Aviation (DGCA) India, Company Websites, company annual reports, white papers, investor presentations and financial reports were also used.
Key Target Audience:
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as commercial aircraft manufacturers, distributors and dealers, customers, and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, the Global Commercial Aircraft Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Global Commercial Aircraft Market, by Aircraft Type:
Global Commercial Aircraft Market, by Engine Type:
Global Commercial Aircraft Market, by Application:
Global Commercial Aircraft Market, by End-Use:
Global Commercial Aircraft Market, by Region:
Competitive Landscape
Available Customizations:
With the given market data, the publisher offers customizations according to the company’s specific needs.
Raw Material Analysis
The COVID-19 pandemic has adversely impacted the Commercial Aircraft Market, airlines had to stop their operations in most of the countries. Due to ceased commercial aircraft operations most airlines had either cancelled their commercial aircrafts orders or postponed their orders. From 2021, the market is showing positive signs and the passenger air travel is estimated to recover in the next 3 years. Globally, The Boeing Company and the Airbus Group are the market leaders in the Commercial aircraft market with narrow body commercial aircraft and wide body commercial aircraft segment accounting for over 90% of commercial aircraft sales, globally.
Some of the other major players operating globally in commercial aircraft market are Bombardier Inc, Embraer S.A., Commercial Aircraft Corporation of China (COMAC), Avions de transport (ATR), Aviation Industry Corporation of China (AVIC), Textron Aviation Inc., United Aircraft Corporation (UCA), and Mitsubishi Aircraft Corporation.
Years considered for this report:
- Historical Years: 2016-2019
- Base Year: 2020
- Estimated Year: 2021
- Forecast Period: 2022-2026
Objective of the Study:
- To analyze historical growth in market size of the Global Commercial Aircraft Market from 2016 to 2020.
- To estimate and forecast the market size of the Global Commercial Aircraft Market in terms of value as well as volume from 2021 to 2026 and growth rate until 2026.
- To classify and forecast the Global Commercial Aircraft Market based on aircraft type, engine type, application, and regional distribution.
- To identify drivers and challenges for the Global Commercial Aircraft Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in commercial aircraft market.
- To conduct the pricing analysis for commercial aircrafts.
- To identify and analyze the profile of leading players involved in the manufacturing of the Global Commercial Aircraft Market.
To perform the study, the publisher conducted primary as well as exhaustive secondary research. Initially, the publisher prepared an exhaustive list of commercial aircraft manufacturers and companies operating globally. Subsequently, the publisher conducted primary research surveys, which include primary calls, email responses, etc., with the identified companies. While interviewing, the respondents were also asked about their major competitors. Through this technique, the publisher could include manufacturers which could not be identified due to the limitations of secondary research. The publisher analysed product offerings, distribution channels, and regional presence of all major commercial aircraft suppliers across the globe.
The publisher calculated the market size for the Global Commercial Aircraft Market by using a bottom-up technique, wherein manufacturers’ volume sales data for different applications, were recorded as well as forecast for the future years. The publisher sourced these values from the industry experts and company representatives, and externally validated through analysing historical sales data of respective manufacturers to arrive at the overall market size. Multiple secondary sources such as directories, databases such as General Aviation Manufacturers Association (GAMA), Bureau of Transportation Statistics (USA), Directorate General of Civil Aviation (DGCA) India, Company Websites, company annual reports, white papers, investor presentations and financial reports were also used.
Key Target Audience:
- Technology investors
- Governments and financial institutions
- End-users of commercial aircrafts
- Research organizations and consulting companies.
- Research Institutes
- Associations, organizations, forums, and alliances related to commercial aircrafts
- Commercial aircraft manufacturing companies
- Industry associations
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as commercial aircraft manufacturers, distributors and dealers, customers, and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, the Global Commercial Aircraft Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
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
- Freighter
Global Commercial Aircraft Market, by End-Use:
- Government
- Private
Global Commercial Aircraft Market, by Region:
- North America
- United States
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Colombia
- Rest of South America
- Europe
- UK
- Germany
- France
- Spain
- Italy
- Rest of Europe
- Middle East and Africa (MEA)
- Kingdom of Saudi Arabia (KSA)
- Qatar
- UAE
- South Africa
- Rest of MEA
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Rest of APAC
Competitive Landscape
- Company Profiles: Detailed analysis of the major companies present in the Global Commercial Aircraft Market.
Available Customizations:
With the given market data, the publisher offers customizations according to the company’s specific needs.
Raw Material Analysis
- Detailed list of different raw materials used in production of commercial aircrafts, list of existing suppliers of raw materials, pricing analysis of raw materials, analysis of difference between imported and domestically procured raw materials.
Note: Product cover images may vary from those shown
FEATURED COMPANIES
- Airbus SE
- ATR Aircraft
- Boeing Company
- Bombardier Inc.
- Embraer S.A.
- United Technologies Corp.
1. Product Overview2. Research Methodology3. Executive Summary5. Global Commercial Aircraft Market Production Overview13. Market Trends & Developments14. Price Point Analysis15. Policy & Regulatory Landscape17. Strategic Recommendations18. About the Publisher & Disclaimer
4. Voice of Customer
6. Global Commercial Aircraft Market Outlook
7. North America Commercial Aircraft Market Outlook
8. South America Commercial Aircraft Market Outlook
9. Europe Commercial Aircraft Market Outlook
10. MEA Commercial Aircraft Market Outlook
11. Asia-Pacific Commercial Aircraft Market Outlook
12. Market Dynamics
16. Competitive Landscape
List of Figures
Note: Product cover images may vary from those shown
A selection of companies mentioned in this report includes:
- Airbus SE
- Boeing Company
- Bombardier Inc.
- Embraer S.A.
- ATR Aircraft
- Mitsubishi Aircraft Corporation
- Commercial Aircraft Corporation of China, Ltd. (COMAC)
- United Aircraft Corporation
- United Technologies Corp.
Note: Product cover images may vary from those shown