Global Commercial Aircraft Market Analysis 2019 With focusing on Top Companies like Bombardier, Embraer, Textron, Russian Helicopters, and Leonardo SpA

The commercial aircraft market is expected to register a CAGR of over 3%, during the forecast period.
The growth in air travel, especially in the emerging economies, is expected to remain as the key driver for the market growth during the forecast period.

Detailed Sample Copy of Updated Analysis @ https://marketprognosis.com/sample-request/20089
Note: “If this link doesn’t work in Internet Explorer, kindly try copy pasting it in other browsers”.

The introduction of new routes to increase connectivity is driving the airline fleet expansion, thereby increasing the need for procurement of new generation commercial aircraft.
Growth in the middle class, especially in developing countries, and increasing global tourism are also expected to play a key role in driving the growth of the market.

Competitive Landscape
The market is mainly dominated by Airbus SE and the Boeing Company, occupying a major chunk of the total market revenue. Other players, like Bombardier Inc. and Embraer SA, have a small share in the fixed-wing segment of the market. Players, like Textron, Russian Helicopters, and Leonardo SpA, among others, have obtained revenues from the rotorcraft segment. However, their share is a lot smaller compared to the total revenue of Airbus SE and the Boeing Company.

Request Discount on this report @ https://marketprognosis.com/discount-request/20089
Note: “If this link doesn’t work in Internet Explorer, kindly try copy pasting it in other browsers”.

Turbofan Segment to Have a High Market Share during the Forecast Period
The turbofan segment has the highest market share among all the segments, in 2018. Currently, the number of turbofan aircraft in the world are more than any of the other commercial aircraft types. Their use is being popularized by virtue of the advantages they offer, like their efficiency at high speeds and high altitudes. Most airliners today use turbofan engines, as they are efficient for long duration, long haul flights. The segment is also expected to show high growth rate during the forecast, as the procurement of turbofan aircraft is more compared to the aircraft operating with other engine types.

Asia-Pacific region to grow with a high CAGR during the forecast period
Presently, Asia-Pacific has the highest market share among all the regions, due to a large number of aircraft procurement in the region. The growth in air passenger traffic is predominant in the region, and China and India are expected to be among the biggest aviation markets in the world, by the end of the period studied. Procurement of new generation commercial aircraft and the introduction of routes, even by the airlines of other countries in the region, are currently being taking place in the market. The aforementioned factors are expected to make the Asia-Pacific region register a high CAGR.

Enquiry Before Buying @ https://marketprognosis.com/enquiry/20089
Note: “If this link doesn’t work in Internet Explorer, kindly try copy pasting it in other browsers”.

About Market Prognosis
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.

Contact us:
ProgMark Pvt Ltd,
Thane - 421501
India.
Contact No: +1 973 241 5193
Email: sales@marketprognosis.com

This release was published on openPR.