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Market Overview: World Aircraft

  • Report

  • May 2024
  • Region: Global
  • Teal Group
  • ID: 5692063

Briefing Series: World Military & Civil Aircraft Briefing

This overview is designed to provide a comprehensive look at the business of building aircraft. If it’s a manned, turbine-powered aircraft, it’s included in this survey. The numbers are drawn from the market and program forecasts, so this represents the top of the World Military and Civil Aircraft Briefing “forecast pyramid.” All value figures are given in 2018 dollars.

Methodology

The publisher's analysts employ a combination of empirical and expert centered approaches to forecasting across multiple global defense and aerospace markets. Numerous variables play into future market requirements: macroeconomics, geopolitics, regional competitiveness, public and private market forces, cost pressures, country‐specific budget constraints, supplier relationships, etc.

We maintain proprietary databases that provide a strong foundation for building a quantitative understanding of key relationships between the forces that drive the demand for an array of products, platforms, and systems. These data assets have been developed and expanded over 30 years of company operations and provide an unapparelled set of resources that make the publisher uniquely qualified to forecast future industry performance. These empirical fundamentals allow for rigorous modelling.

In addition to this highly structured, data-driven perspective, the publisher through the expertise of its analysts has a comprehensive qualitative understanding of the forces that shape market demand. It is our position that forecasting demands both empirical understanding and artistic interpretation based on insights gained from decades of dedicated research and analysis. The result is a forecast that combines both to achieve a highly informed window to the future.

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