Passenger Aircraft Market Share 2021: Global Key Findings, Industry Demand, Regional Analysis, Key Players Profiles, Future Prospects and Forecasts to 2027 - Bombardier Company, Embraer, Boeing, Airbus

The Passenger Aircraft Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.

The Global Passenger Aircraft Market Size is Projected to Reach at a CAGR of 10% during 2021-2027.

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Top Leading Companies:

Bombardier Company, Embraer, Boeing, Airbus

Recent Development:

Bombardier has acquired 1 company. It has also divested 9 assets. Its largest disclosed sale occurred in 2020 when it sold Bombardier - Transportation Division to Alstom S.A. for $8.2B. Bombardier has acquired in 1 US state. The Company’s most targeted sectors include aerospace (100%). Bombardier together with its subsidiaries manufactures transportation equipment worldwide. Bombardier was founded in 1902 and is based in Montreal, Canada.
In January 2020, Boeing announced that it has completed the first test flight of the world's largest twin-engined aircraft, the Boeing 777X. The aircraft is expected to compete with the Airbus A350-1000 which seats about 360 passengers.
Airbus has acquired 9 companies. A total of 7 acquisitions came from private equity firms. It has also divested 6 assets. Airbus’ largest acquisition to date was in 2011, when it acquired Vizada SAS for $1.1B. It’s largest disclosed sale occurred in 2016 when it sold Hensoldt AG to KKR for $1.2B. Airbus has acquired in 1 US state, and 5 countries. The Company’s most targeted sectors include aerospace (58%) and communications (15%). Airbus is a designer and manufacturer of commercial aircraft. Airbus' product line ranges from the single-aisle A320 Family to the double-deck A380. Airbus was founded in 1998 and is based in Leiden, the Netherlands.

Passenger Aircraft Market Segmentation by Type:

200 Seats

Passenger Aircraft Market Segmentation by Application:

Private
Commercial

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Asia-Pacific is Expected to Generate Highest Demand for Newer Generation Aircraft during the Forecast Period

Currently, Asia-Pacific has the highest market share among all the regions, due to higher 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 during the forecast period. As a result of a huge drop in passenger traffic in the US due to the COVID-19 pandemic, China crossed the US to become the largest aviation market in 2020. China’s aviation industry has also shown signs of recovery in 2020, driven by the recovery in domestic traffic. As a result, Chinese airlines are expected to take deliveries of new aircraft in the coming years. In 2020, China's three major state-owned airlines have cancelled the delivery of over 100 aircraft from Boeing and Airbus, but kept every single order from COMAC, in a show of support for the domestic manufacturer during the pandemic.

Regional Passenger Aircraft Market (Regional Output, Demand & Forecast by Countries)

North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.

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Highlights of the Passenger Aircraft Market Report:

Detailed overview of Passenger Aircraft Market
Changing the Passenger Aircraft market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Passenger Aircraft market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Passenger Aircraft Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.

The research includes historic data from 2016 to 2021 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

Finally, the Passenger Aircraft Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Passenger Aircraft industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.

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