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The Global Commercial Aircraft Market 2018-2028

The Global Commercial Aircraft Market 2018-2028

Summary

The global commercial aircraft market, valued at just over US$191 billion in 2018, is expected to grow at a CAGR of about 2.9% to be valued at around US$255 billion by 2028. The cumulative market for global expenditure on commercial aircraft is valued at US$2.3 trillion over the forecast period. Global expenditure on commercial aircraft is expected to show steady growth over the forecast period due to growing investments in infrastructure, initiatives to connect secondary cities with prime aviation hubs across a number of countries, and the increasing affluence of air travel, especially by rising middle class populations in emerging countries.

Additionally, fueled by increasing air traffic, the emergence of low cost carriers (LCC) serves as a key factor for the growth of the sector globally. Concerns to enhance operational efficiency by reducing fuel consumption has prompted LCCs to opt for newer aircraft models, which also acts a major factor for increasing investments in the sector worldwide. Following LCCs, several legacy airlines are adopting similar business models with a target to increase operational efficiency and prepare for future sustenance in an ever-increasing competitive scenario.

The single aisle aircraft segment will account for a share of over 56% of the global commercial aircraft market over 2018-2028. The segment attracts investments from all regions primarily owing to the increasing operations of short-haul flight routes by LCCs. The single aisle aircraft segment in Asia-Pacific will account for a share of about 43% over the forecast period, whereas in the European and North American markets, it is anticipated to hold about 20.3% and 18.4% shares respectively. Similarly, in Middle East the segment will account for 8% of the market, while in Latin America and Africa, it is expected to hold 7.9% and 1.8%, respectively.

The commercial aviation market, along with its value chain entities, was one of the first industries to adopt new technologies, helping reduce a number of challenges encountered in regular operations. As such, the adoption of artificial intelligence (AI) for aircraft manufacturing is expected to significantly improve future operations. The importance of AI has been recognized by aircraft OEMs and MRO service providers, with the later having moved ahead to apply such technologies for faster and more efficient operations.

The report ""The Global Commercial Aircraft Market 2018-2028"", offers a detailed analysis of the industry, with market size forecasts covering the next ten years. This report will also analyze factors that influence demand for commercial aircraft, key market trends, and challenges faced by industry participants.

The report provides an in-depth analysis of the following -
- Overview: Snapshot of the commercial aircraft market over 2018-2028, including highlights of the demand drivers, trends and challenges. It also provides a snapshot of the spending with respect to regions as well as segments
- Market Dynamics: Insights into the technological developments in the commercial aircraft market and a detailed analysis of the changing preferences of governments around the world. It also analyzes changing industry structure trends and the challenges faced by the industry participants
- Segment Analysis: Insights into the commercial aircraft market from a segmental perspective and a detailed analysis of factors influencing the market for each sector
- Regional Review: Insights into modernization patterns and budgetary allocation for top countries within a region
- Regional Analysis: Insights into the commercial aircraft market from a regional perspective and a detailed analysis of factors influencing the market for each region
- Trend Analysis - Key Defense Market: Analysis of the key markets in each region, providing an analysis of the commercial aircraft segments expected to be in demand in each region
- Key Program Analysis: Details of the top programs in each segment expected to be executed over the forecast period
- Competitive Landscape Analysis: Analysis of the competitive landscape of the global commercial aircraft industry. It provides an overview of key defense companies, together with insights such as key alliances, strategic initiatives and a brief financial analysis.

Companies mentioned in this report: Boeing, Airbus, Bombardier, Embraer, Commercial Aircraft Corporation of China Ltd. (COMAC)

Scope

- The global commercial aircraft market, valued at US$191.1 billion in 2018, is expected to grow at a CAGR of 2.93% to value US$255.1 billion by 2028.
- The market consists of five categories: Single-Aisle aircraft, Twin-aisle aircraft, Regional Jets, Cargo Aircraft, and Business Jets.
- It is expected to be dominated by the Single-Aisle segment, followed by Twin-Aisle and Regional Jets segments.
- Asia Pacific followed by North America and Europe to remain the key markets for procurement of commercial aicraft over the forecast period.

Reasons to buy

- Determine prospective investment areas based on a detailed trend analysis of the global commercial aircraft market over the next ten years
- Gain in-depth understanding about the underlying factors driving demand for different commercial aircraft segments in the top spending countries across the world and identify the opportunities offered by each of them
- Strengthen your understanding of the market in terms of demand drivers, industry trends, and the latest technological developments, among others
- Identify the major channels that are driving the global commercial aircraft market, providing a clear picture about future opportunities that can be tapped, resulting in revenue expansion
- Channelize resources by focusing on the ongoing programs that are being undertaken by the commercial airline companies of different countries within the global commerical aircraft market
- Make correct business decisions based on thorough analysis of the total competitive landscape of the sector with detailed profiles of the top commercial aircraft manufacturers around the world which include information about their products, alliances, recent contract wins and financial analysis wherever available


Executive Summary
Global Commercial Aircraft Market - Overview 10
Global Commercial Aircraft Market By Region, 2018-2028
Global Commercial Aircraft Market By Segment, 2018-2028
Market Dynamics
Demand Drivers: Analysis of factors that trigger spending within the sector
Trends: Prevalent practices, industry consolidation and procurement patterns within the market
Technological Developments : New products, processes and innovations recently inducted within the sector
Key Challenges: Obstacles affecting sector growth
Global Commercial Aircraft Market - Segment Analysis
Segment Analysis: Single Aisle Aircraft
Market size and CAGR growth analysis, 2018-2028
Change in market share, 2018-2028
Segment Analysis: Twin Aisle Aircraft
Market size and CAGR growth analysis, 2018-2028
Change in market share, 2018-2028
Segment Analysis: Regional Jets
Market size and CAGR growth analysis, 2018-2028
Change in market share, 2018-2028
Segment Analysis: Cargo Aircraft
Market size and CAGR growth analysis, 2018-2028
Change in market share, 2018-2028
Segment Analysis: Business Jets
Market size and CAGR growth analysis, 2018-2028
Change in market share, 2018-2028
Global Commercial Aircraft Market - Regional Analysis
Global Commercial Aircraft - Regional Overview, 2018 & 2028
Regional Analysis: Asia Pacific
Market size and CAGR growth analysis, 2018-2028
Change in market share, 2018-2028
Top Suppliers
Regional Analysis: North America
Market size and CAGR growth analysis, 2018-2028
Change in market share, 2018-2028
Top Suppliers
Regional Analysis: Europe
Market size and CAGR growth analysis, 2018-2028
Change in market share, 2018-2028
Top Suppliers
Regional Analysis: Middle East
Market size and CAGR growth analysis, 2018-2028
Change in market share, 2018-2028
Top Suppliers
Regional Analysis: Latin America
Market size and CAGR growth analysis, 2018-2028
Change in market share, 2018-2028
Top Suppliers
Regional Analysis: Africa
Market size and CAGR growth analysis, 2018-2028
Change in market share, 2018-2028
Top Suppliers
Global Commercial Aircraft Market - Trend Analysis
Global Commercial Aircraft - Country Overview, 2018 & 2028
Leading Segments in Key Countries
Country Analysis - 12 leading companies
Market size and CAGR growth analysis, 2018-2028
Change in market share, 2018-2028
Segmental Share (%), 2018-2028
Country Share (%), 2018 & 2028
Major Suppliers
Segmental Analysis
Commercial Aircraft Market - Future Outlook (The Road Ahead)
Key Programs Analysis
Description of key programs
Delivery period, units and total expenditure
Competitive Landscape Analysis
Competitive analysis - 5 leading companies
Major Products and Services
Financial Analysis covering Revenue, Operating Profit and Net Profit
Financial Deal and Contracts
Disclaimer

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