Press release
Global Passenger Aircrafts Market 2025 Report: Solid Growth, Key Players, Market Size and Trends
Passenger Aircrafts Market Size
What Is The Projected Market Size Of The Global Passenger Aircrafts Global Market Report 2025 And Its Growth Rate?
• The passenger aircrafts market size has grown from $94.83 billion in 2024 to $100.12 billion in 2025 at a compound annual growth rate (CAGR) of 5.6%.
• Growth has been attributed to global economic growth, rising middle-class population, tourism industry expansion, air transport liberalization, and efficiency improvements.
• The market size is expected to reach $119.73 billion in 2029 with a CAGR of 4.6%.
• The forecast period growth can be attributed to urbanization and connectivity needs, emerging market demand, environmental sustainability, air travel recovery post-pandemic, and technological advancements.
What Is Driving The Growth In The Passenger Aircrafts Global Market Report 2025?
The growth of the passenger aircraft market is being propelled by the increase in global tourism. As one of the largest movements of goods, services, and people, global tourism is a significant force for economic growth and socio-political transition. For instance, in 2023, the United Nations World Tourism Organization (UNWTO) reported stronger-than-expected results in international tourism. More than 900 million tourists traveled internationally in 2022, double the number of 2021, mainly due to pent-up demand and the easing of travel restrictions in many countries.
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Who Are The Key Players Driving Passenger Aircrafts Global Market Report 2025 Growth?
• The Boeing Company
• Airbus SE
• Antonov Design Bureau
• Leonardo S.p.A.
• Textron Inc.
• Gulfstream Aerospace Corporation
• Dassault Aviation SA
• Bombardier Inc.
• Embraer SA
• Saab AB
• Cessna Aircraft Company
• Hindustan Aeronautics Limited (HAL)
• Irkut Corporation
• Piaggio Aero Industries S.p.A.
• Korea Aerospace Industries Ltd. (KAI)
• Pilatus Aircraft Ltd
• Commercial Aircraft Corporation of China Ltd. (COMAC)
• Piper Aircraft Inc.
• Quest Aircraft Company
• Sukhoi Civil Aircraft Company
• Viking Air Ltd.
• Ilyushin Aviation Complex - JSC
• Cirrus Aircraft Corporation
• De Havilland Aircraft of Canada Limited
• Diamond Aircraft Industries Inc.
• Honda Aircraft Company Ltd.
What Are The Key Trends In The Passenger Aircrafts Global Market Report 2025?
• Rise of electric and hybrid aircraft
• Increased connectivity and in-flight connectivity
• Focus on health and sanitation features in aircrafts
• Flexible fleet strategies
• Urban air mobility (UAM) initiatives
What Are The Segments Of The Global Passenger Aircrafts Market Report 2025?
• Single-Aisle Aircraft
• Twin-Aisle Aircraft
• Regional Jets
• Business Jets
• Fixed-Wing Aircraft
• Rotorcraft
• Turbofan
• Turboprop
• Turboshaft
• Full-Service Carrier
• Low-Cost Carrier
Which Region Leads The Passenger Aircrafts Global Market Report 2025?
In 2024, North America was the largest region in the passenger aircrafts market and is expected to be the fastest-growing region during the forecast period. The report covers regions such as Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Passenger Aircrafts Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Passenger Aircrafts Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Passenger Aircrafts Global Market Report 2025 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 Passenger Aircrafts Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Passenger Aircrafts Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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