Press release
Commercial Aircraft Market: Strong Growth and Key Drivers Promising a Market Size of $222.06 Billion by 2025 and $264.36 Billion by 2029
Commercial Aircraft Market Size
What Is The Projected Market Size Of The Global Commercial Aircraft Market And Its Growth Rate?
• The strong growth in the commercial aircraft market shows an increase from $211.19 billion in 2024 to $222.06 billion in 2025 at a compound annual growth rate (CAGR) of 5.1%
• Positive growth is expected in coming years as well, with projections of reaching $264.36 billion in 2029 at a CAGR of 4.5%.
What Is Driving The Growth In The Commercial Aircraft Market?
Expansion of commercial drone usage is driving the commercial aircraft market growth. Legal authorities are increasingly allowing drones for commercial applications, providing a new revenue stream for aircraft manufacturers. An example is the US Federal Aviation Authority's rule that permits commercial use of drones under certain conditions without a special waiver, previously a cost and time intensive process. As the commercial drone market flourishes worldwide, the launch of strong, reliable drones for commercial usage, like those produced by the Chinese company DJI, contribute significantly to the market's growth.
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Who Are the Key Players Driving Commercial Aircraft Market Growth?
• Boeing
• Airbus
• Lockheed Martin
• Northrop Grumman
• Embraer
• Bombardier
• Textron Aviation
• United Aircraft Corporation
• Dassault Aviation
• Leonardo S.p.A.
• Mitsubishi Heavy Industries
• COMAC (Commercial Aircraft Corporation of China)
• Gulfstream Aerospace
• Pilatus Aircraft
• Cessna Aircraft Company
• Sukhoi Civil Aircraft
• ATR (Aerei da Trasporto Regionale)
• Antonov Company
• AVIC (Aviation Industry Corporation of China)
• Kawasaki Heavy Industries
• Hindustan Aeronautics Limited (HAL)
• Saab AB
• De Havilland Aircraft of Canada
• Viking Air
• Embraer Commercial Aviation
• Irkut Corporation
• Boeing Defense Space & Security
• Fokker Technologies
• Israel Aerospace Industries
• Korea Aerospace Industries
What Are The Key Trends In The Commercial Aircraft Market?
• Technology integration
• Technological advancements
• Transition to more fuel-efficient engines
• Growing demand for narrow-body aircraft
• Adoption of advanced materials
What Are The Segments Of The Global Commercial Aircraft Market?
• By Type: Passenger Aircrafts, Commercial Helicopters, Commercial Gliders And Drones, Aircraft Turbines, Aircraft Engines, Rocket Engines
• By Engine Type: Turbofan, Turboprop, Turboshaft
• By Size: Wide-Body, Narrow-Body, Regional, Others
• By End-User: Government, Private Sector
• By Operation: Autonomous Aircraft, Manual
Which Region Leads The Commercial Aircraft Market?
North America was the largest and fastest-growing region in the commercial aircraft market in 2024, with prospects of keeping the pace during the forecast period. Other regions covered in the commercial aircraft market report include Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, Africa.
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What Is Covered In The Commercial Aircraft Market Global Market Report?
• Market Size Analysis: Analyze the Commercial Aircraft Market size by key regions, countries, product types, and applications.
• Market Segmentation Analysis: Identify various subsegments within the Commercial Aircraft Market for effective categorization.
• Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
• Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
• Market Contribution: Evaluate contributions of different segments to the overall Commercial Aircraft Market growth.
• Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
• Industry Challenges: Analyze challenges and risks affecting the Commercial Aircraft Market.
• Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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