Press release
Precise Growth Of Commercial Aircraft Market Impact Of Existing And Emerging Flexible Trends And Top Key Players (Airbus; The Boeing Company; United Technologies Corporation) | Future Outlook 2020-2023
The global commercial aircraft market is expected to decline from $243.6 billion in 2019 to $236.8 billion in 2020 at a compound annual growth rate (CAGR) of -2.9%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 5% from 2021 and reach $269 billion in 2023.
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The commercial aircraft market consists of sales of commercial aircraft including helicopters by entitiies (organizations, sole traders and partnerships) that produce civilian and commercial aircraft including helicopters.
Aircraft fleets in mature markets around the world are aging rapidly and with growing demand from airlines and fleet operators for fuel-efficient aircrafts, manufacturing companies are offering advanced aircrafts for passenger transportation. These advanced aircrafts are equipped with advanced avionics, superior cabin designs and noise reduction capabilities that increase the fuel efficiency and performance of aircrafts.
Commercial Aircraft Market Segmentation: -
By Type
1. Passenger Aircrafts
2. Commercial Helicopters
3. Commercial Gliders and Drones
4. Aircraft Turbines
5. Aircraft Engines
6. Rocket Engines
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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Commercial Aircraft Market Characteristics
4. Commercial Aircraft Market Product Analysis
5. Commercial Aircraft Market Supply Chain
……………
19. Commercial Aircraft Market Competitive Landscape
20. Key Mergers And Acquisitions In The Commercial Aircraft Market
21. Market Background: Aerospace Market
22. Recommendations
23. Appendix
The report covers the trends and market dynamics of the commercial aircraft market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the commercial aircraft market are Airbus; The Boeing Company; United Technologies Corporation; Bombardier Inc.; Embraer SA
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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