Commercial Aerospace Rebound Market Forecasts to 2032 – Global Analysis By Component (Engines, Avionics, Airframes, Landing Gear and Other Components), Aircraft Type, Recovery Factor, Propulsion Type, Application, End User and By Geography
Description
According to Stratistics MRC, the Global Commercial Aerospace Rebound Market is accounted for $32.4 billion in 2025 and is expected to reach $45.9 billion by 2032 growing at a CAGR of 5.1% during the forecast period. Commercial Aerospace Rebound refers to the revitalization of the global aerospace industry following significant disruptions such as the COVID-19 pandemic, economic downturns, or geopolitical instability. It encompasses the recovery of aircraft manufacturing, maintenance, and supply chain operations, alongside renewed demand for passenger and cargo aircraft. This rebound is driven by increased air travel, fleet modernization, and technological advancements in fuel efficiency and sustainability. Aerospace companies are adapting through digital transformation, strategic partnerships, and innovation to meet evolving market needs. Ultimately, the rebound signifies a shift toward a more resilient, agile, and future-ready commercial aerospace ecosystem.
Market Dynamics:
Driver:
Rising global air travel demand
The rising global demand for air travel is a key driver of the commercial aerospace rebound market. As economies recover and consumer confidence strengthens, passenger volumes are surging across domestic and international routes. This resurgence is prompting airlines to expand fleets and upgrade aircraft, fueling demand for aerospace manufacturing and services. Emerging markets, increased tourism, and business travel are further accelerating growth. The industry's rebound is closely tied to this upward trend in air mobility, making it a central force in market expansion.
Restraint:
High manufacturing & raw material costs
High manufacturing and raw material costs pose a significant restraint to the commercial aerospace rebound market. The aerospace industry relies on specialized materials like titanium and composites, which are subject to price volatility and supply chain disruptions. Labor shortages and inflationary pressures further elevate production expenses. These cost challenges can delay aircraft deliveries, reduce profit margins, and hinder innovation. Companies must adopt cost-efficient practices and strategic sourcing to mitigate these impacts and sustain momentum in the recovery phase.
Opportunity:
Fleet renewal and modernization
Fleet renewal and modernization present a major opportunity in the market. Airlines are investing in next-generation aircraft to improve fuel efficiency, reduce emissions, and enhance passenger experience. Aging fleets are being replaced with technologically advanced models featuring lightweight materials and digital systems. This shift supports sustainability goals and operational efficiency. Aerospace manufacturers benefit from increased orders and long-term service contracts. As travel demand grows, modernization becomes essential for competitiveness, positioning this trend as a catalyst for industry transformation.
Threat:
Stringent regulatory and certification burdens
Stringent regulatory and certification requirements pose a notable threat to the market. Compliance with safety, environmental, and operational standards demands extensive documentation, testing, and approvals, which can delay product launches and increase costs. Evolving global regulations and geopolitical complexities add further challenges. Navigating these burdens requires robust quality assurance systems and close collaboration with regulatory bodies. While essential for safety and reliability, these constraints can slow innovation and market entry, impacting the pace of aerospace recovery.
Covid-19 Impact:
The COVID-19 pandemic had a profound impact on the commercial aerospace rebound market, disrupting manufacturing, grounding fleets, and collapsing demand. Lockdowns and travel bans led to order cancellations and supply chain breakdowns. However, the crisis also accelerated digital transformation and sustainability initiatives. Aerospace firms adapted by streamlining operations and investing in resilient technologies. As restrictions eased, pent-up demand and fleet renewal efforts reignited growth. The pandemic reshaped industry priorities, emphasizing agility, health safety, and long-term preparedness for future disruptions.
The landing gear segment is expected to be the largest during the forecast period
The landing gear segment is expected to account for the largest market share during the forecast period, due to its critical role in aircraft safety, performance, and maintenance. As air travel rebounds, demand for new aircraft and replacement parts rises, boosting the need for landing gear systems. Technological advancements in lightweight materials and smart sensors are enhancing durability and efficiency. The segment benefits from regulatory emphasis on safety, making it a foundational component of aerospace recovery.
The cargo operators segment is expected to have the highest CAGR during the forecast period
Over the forecast period, the cargo operators segment is predicted to witness the highest growth rate, due to e-commerce growth, global trade recovery, and supply chain diversification, air cargo demand is surging. Operators are expanding fleets and retrofitting passenger aircraft for freight use. Innovations in logistics and digital tracking further enhance efficiency. As consumer expectations for fast delivery rise, cargo services become vital. This segment’s agility and profitability position it as a key growth engine in the commercial aerospace rebound.
Region with largest share:
During the forecast period, the Asia Pacific region is expected to hold the largest market share, due to rapid urbanization, rising middle-class populations and expanding air connectivity drive regional growth. Countries like China and India are investing heavily in airport infrastructure and domestic aviation. Government initiatives to boost tourism and manufacturing further support market expansion. The region’s dynamic demand for passenger and cargo aircraft, coupled with strategic partnerships, makes it a dominant force in global aerospace recovery.
Region with highest CAGR:
Over the forecast period, the North America region is anticipated to exhibit the highest CAGR, owing to region’s strong technological base, robust airline networks, and focus on sustainability drive innovation. Fleet modernization, increased cargo operations, and defense-related aerospace investments contribute to growth. Regulatory support and strategic collaborations with manufacturers enhance competitiveness. As the industry rebounds from pandemic disruptions, North America’s leadership in digital transformation and advanced manufacturing positions it for accelerated expansion and long-term resilience.
Key players in the market
Some of the key players in Commercial Aerospace Rebound Market include Airbus SE, The Boeing Company, Commercial Aircraft Corporation of China (COMAC), Embraer S.A., Mitsubishi Heavy Industries (Mitsubishi Aircraft), GE Aerospace, Rolls-Royce plc, Safran S.A., Raytheon Technologies Corporation, AerCap Holdings N.V., Air Lease Corporation, ATR (Avions de Transport Régional), Spirit AeroSystems Holdings, Inc., Bombardier Inc., Textron Inc.
Key Developments:
In October 2025, European aerospace giant Airbus SE vowed to further strengthen its partnership with South Korea, pledging expanded industrial cooperation and joint efforts for sustainable growth in the fields of aerospace and defense.
In April 2025, Spirit AeroSystems Holdings, Inc. has signed a definitive divestiture agreement with Airbus SE to transfer several aerostructure assets and production sites including in the U.S., France, Morocco, Scotland and Northern Ireland with the transaction expected to close in Q3 2025.
Components Covered:
• Engines
• Avionics
• Airframes
• Landing Gear
• Interiors
• Other Components
Aircraft Types Covered:
• Narrow-Body Aircraft
• Wide-Body Aircraft
• Regional Jets
Recovery Factors Covered:
• Passenger Traffic Recovery
• Fleet Modernization
• Supply Chain Stabilization
• Aircraft Deliveries and Backlogs
Propulsion Types Covered:
• Conventional Jet Engines
• Hybrid-Electric Propulsion
• Sustainable Aviation Fuel (SAF)-Based Systems
• Hydrogen Propulsion
Applications Covered:
• Civil Aviation
• Business Aviation
• Air Cargo
• Other Applications
End Users Covered:
• Commercial Airlines
• Leasing Companies
• Cargo Operators
• Maintenance, Repair & Overhaul (MRO) Providers
Regions Covered:
• North AmericaUSCanadaMexico
• EuropeGermanyUKItalyFranceSpainRest of Europe
• Asia PacificJapan China India Australia New ZealandSouth KoreaRest of Asia Pacific
• South AmericaArgentinaBrazilChileRest of South America
• Middle East & Africa Saudi ArabiaUAEQatarSouth AfricaRest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Market Dynamics:
Driver:
Rising global air travel demand
The rising global demand for air travel is a key driver of the commercial aerospace rebound market. As economies recover and consumer confidence strengthens, passenger volumes are surging across domestic and international routes. This resurgence is prompting airlines to expand fleets and upgrade aircraft, fueling demand for aerospace manufacturing and services. Emerging markets, increased tourism, and business travel are further accelerating growth. The industry's rebound is closely tied to this upward trend in air mobility, making it a central force in market expansion.
Restraint:
High manufacturing & raw material costs
High manufacturing and raw material costs pose a significant restraint to the commercial aerospace rebound market. The aerospace industry relies on specialized materials like titanium and composites, which are subject to price volatility and supply chain disruptions. Labor shortages and inflationary pressures further elevate production expenses. These cost challenges can delay aircraft deliveries, reduce profit margins, and hinder innovation. Companies must adopt cost-efficient practices and strategic sourcing to mitigate these impacts and sustain momentum in the recovery phase.
Opportunity:
Fleet renewal and modernization
Fleet renewal and modernization present a major opportunity in the market. Airlines are investing in next-generation aircraft to improve fuel efficiency, reduce emissions, and enhance passenger experience. Aging fleets are being replaced with technologically advanced models featuring lightweight materials and digital systems. This shift supports sustainability goals and operational efficiency. Aerospace manufacturers benefit from increased orders and long-term service contracts. As travel demand grows, modernization becomes essential for competitiveness, positioning this trend as a catalyst for industry transformation.
Threat:
Stringent regulatory and certification burdens
Stringent regulatory and certification requirements pose a notable threat to the market. Compliance with safety, environmental, and operational standards demands extensive documentation, testing, and approvals, which can delay product launches and increase costs. Evolving global regulations and geopolitical complexities add further challenges. Navigating these burdens requires robust quality assurance systems and close collaboration with regulatory bodies. While essential for safety and reliability, these constraints can slow innovation and market entry, impacting the pace of aerospace recovery.
Covid-19 Impact:
The COVID-19 pandemic had a profound impact on the commercial aerospace rebound market, disrupting manufacturing, grounding fleets, and collapsing demand. Lockdowns and travel bans led to order cancellations and supply chain breakdowns. However, the crisis also accelerated digital transformation and sustainability initiatives. Aerospace firms adapted by streamlining operations and investing in resilient technologies. As restrictions eased, pent-up demand and fleet renewal efforts reignited growth. The pandemic reshaped industry priorities, emphasizing agility, health safety, and long-term preparedness for future disruptions.
The landing gear segment is expected to be the largest during the forecast period
The landing gear segment is expected to account for the largest market share during the forecast period, due to its critical role in aircraft safety, performance, and maintenance. As air travel rebounds, demand for new aircraft and replacement parts rises, boosting the need for landing gear systems. Technological advancements in lightweight materials and smart sensors are enhancing durability and efficiency. The segment benefits from regulatory emphasis on safety, making it a foundational component of aerospace recovery.
The cargo operators segment is expected to have the highest CAGR during the forecast period
Over the forecast period, the cargo operators segment is predicted to witness the highest growth rate, due to e-commerce growth, global trade recovery, and supply chain diversification, air cargo demand is surging. Operators are expanding fleets and retrofitting passenger aircraft for freight use. Innovations in logistics and digital tracking further enhance efficiency. As consumer expectations for fast delivery rise, cargo services become vital. This segment’s agility and profitability position it as a key growth engine in the commercial aerospace rebound.
Region with largest share:
During the forecast period, the Asia Pacific region is expected to hold the largest market share, due to rapid urbanization, rising middle-class populations and expanding air connectivity drive regional growth. Countries like China and India are investing heavily in airport infrastructure and domestic aviation. Government initiatives to boost tourism and manufacturing further support market expansion. The region’s dynamic demand for passenger and cargo aircraft, coupled with strategic partnerships, makes it a dominant force in global aerospace recovery.
Region with highest CAGR:
Over the forecast period, the North America region is anticipated to exhibit the highest CAGR, owing to region’s strong technological base, robust airline networks, and focus on sustainability drive innovation. Fleet modernization, increased cargo operations, and defense-related aerospace investments contribute to growth. Regulatory support and strategic collaborations with manufacturers enhance competitiveness. As the industry rebounds from pandemic disruptions, North America’s leadership in digital transformation and advanced manufacturing positions it for accelerated expansion and long-term resilience.
Key players in the market
Some of the key players in Commercial Aerospace Rebound Market include Airbus SE, The Boeing Company, Commercial Aircraft Corporation of China (COMAC), Embraer S.A., Mitsubishi Heavy Industries (Mitsubishi Aircraft), GE Aerospace, Rolls-Royce plc, Safran S.A., Raytheon Technologies Corporation, AerCap Holdings N.V., Air Lease Corporation, ATR (Avions de Transport Régional), Spirit AeroSystems Holdings, Inc., Bombardier Inc., Textron Inc.
Key Developments:
In October 2025, European aerospace giant Airbus SE vowed to further strengthen its partnership with South Korea, pledging expanded industrial cooperation and joint efforts for sustainable growth in the fields of aerospace and defense.
In April 2025, Spirit AeroSystems Holdings, Inc. has signed a definitive divestiture agreement with Airbus SE to transfer several aerostructure assets and production sites including in the U.S., France, Morocco, Scotland and Northern Ireland with the transaction expected to close in Q3 2025.
Components Covered:
• Engines
• Avionics
• Airframes
• Landing Gear
• Interiors
• Other Components
Aircraft Types Covered:
• Narrow-Body Aircraft
• Wide-Body Aircraft
• Regional Jets
Recovery Factors Covered:
• Passenger Traffic Recovery
• Fleet Modernization
• Supply Chain Stabilization
• Aircraft Deliveries and Backlogs
Propulsion Types Covered:
• Conventional Jet Engines
• Hybrid-Electric Propulsion
• Sustainable Aviation Fuel (SAF)-Based Systems
• Hydrogen Propulsion
Applications Covered:
• Civil Aviation
• Business Aviation
• Air Cargo
• Other Applications
End Users Covered:
• Commercial Airlines
• Leasing Companies
• Cargo Operators
• Maintenance, Repair & Overhaul (MRO) Providers
Regions Covered:
• North AmericaUSCanadaMexico
• EuropeGermanyUKItalyFranceSpainRest of Europe
• Asia PacificJapan China India Australia New ZealandSouth KoreaRest of Asia Pacific
• South AmericaArgentinaBrazilChileRest of South America
• Middle East & Africa Saudi ArabiaUAEQatarSouth AfricaRest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
200 Pages
- 1 Executive Summary
- 2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
- 3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Application Analysis
- 3.7 End User Analysis
- 3.8 Emerging Markets
- 3.9 Impact of Covid-19
- 4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
- 5 Global Commercial Aerospace Rebound Market, By Component
- 5.1 Introduction
- 5.2 Engines
- 5.3 Avionics
- 5.4 Airframes
- 5.5 Landing Gear
- 5.6 Interiors
- 5.7 Other Components
- 6 Global Commercial Aerospace Rebound Market, By Aircraft Type
- 6.1 Introduction
- 6.2 Narrow-Body Aircraft
- 6.3 Wide-Body Aircraft
- 6.4 Regional Jets
- 7 Global Commercial Aerospace Rebound Market, By Recovery Factor
- 7.1 Introduction
- 7.2 Passenger Traffic Recovery
- 7.3 Fleet Modernization
- 7.4 Supply Chain Stabilization
- 7.5 Aircraft Deliveries and Backlogs
- 8 Global Commercial Aerospace Rebound Market, By Propulsion Type
- 8.1 Introduction
- 8.2 Conventional Jet Engines
- 8.3 Hybrid-Electric Propulsion
- 8.4 Sustainable Aviation Fuel (SAF)-Based Systems
- 8.5 Hydrogen Propulsion
- 9 Global Commercial Aerospace Rebound Market, By Application
- 9.1 Introduction
- 9.2 Civil Aviation
- 9.3 Business Aviation
- 9.4 Air Cargo
- 9.5 Other Applications
- 10 Global Commercial Aerospace Rebound Market, By End User
- 10.1 Introduction
- 10.2 Commercial Airlines
- 10.3 Leasing Companies
- 10.4 Cargo Operators
- 10.5 Maintenance, Repair & Overhaul (MRO) Providers
- 11 Global Commercial Aerospace Rebound Market, By Geography
- 11.1 Introduction
- 11.2 North America
- 11.2.1 US
- 11.2.2 Canada
- 11.2.3 Mexico
- 11.3 Europe
- 11.3.1 Germany
- 11.3.2 UK
- 11.3.3 Italy
- 11.3.4 France
- 11.3.5 Spain
- 11.3.6 Rest of Europe
- 11.4 Asia Pacific
- 11.4.1 Japan
- 11.4.2 China
- 11.4.3 India
- 11.4.4 Australia
- 11.4.5 New Zealand
- 11.4.6 South Korea
- 11.4.7 Rest of Asia Pacific
- 11.5 South America
- 11.5.1 Argentina
- 11.5.2 Brazil
- 11.5.3 Chile
- 11.5.4 Rest of South America
- 11.6 Middle East & Africa
- 11.6.1 Saudi Arabia
- 11.6.2 UAE
- 11.6.3 Qatar
- 11.6.4 South Africa
- 11.6.5 Rest of Middle East & Africa
- 12 Key Developments
- 12.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 12.2 Acquisitions & Mergers
- 12.3 New Product Launch
- 12.4 Expansions
- 12.5 Other Key Strategies
- 13 Company Profiling
- 13.1 Airbus SE
- 13.2 The Boeing Company
- 13.3 Commercial Aircraft Corporation of China (COMAC)
- 13.4 Embraer S.A.
- 13.5 Mitsubishi Heavy Industries (Mitsubishi Aircraft)
- 13.6 GE Aerospace
- 13.7 Rolls-Royce plc
- 13.8 Safran S.A.
- 13.9 Raytheon Technologies Corporation
- 13.10 AerCap Holdings N.V.
- 13.11 Air Lease Corporation
- 13.12 ATR (Avions de Transport Régional)
- 13.13 Spirit AeroSystems Holdings, Inc.
- 13.14 Bombardier Inc.
- 13.15 Textron Inc.
- List of Tables
- Table 1 Global Commercial Aerospace Rebound Market Outlook, By Region (2024-2032) ($MN)
- Table 2 Global Commercial Aerospace Rebound Market Outlook, By Component (2024-2032) ($MN)
- Table 3 Global Commercial Aerospace Rebound Market Outlook, By Engines (2024-2032) ($MN)
- Table 4 Global Commercial Aerospace Rebound Market Outlook, By Avionics (2024-2032) ($MN)
- Table 5 Global Commercial Aerospace Rebound Market Outlook, By Airframes (2024-2032) ($MN)
- Table 6 Global Commercial Aerospace Rebound Market Outlook, By Landing Gear (2024-2032) ($MN)
- Table 7 Global Commercial Aerospace Rebound Market Outlook, By Interiors (2024-2032) ($MN)
- Table 8 Global Commercial Aerospace Rebound Market Outlook, By Other Components (2024-2032) ($MN)
- Table 9 Global Commercial Aerospace Rebound Market Outlook, By Aircraft Type (2024-2032) ($MN)
- Table 10 Global Commercial Aerospace Rebound Market Outlook, By Narrow-Body Aircraft (2024-2032) ($MN)
- Table 11 Global Commercial Aerospace Rebound Market Outlook, By Wide-Body Aircraft (2024-2032) ($MN)
- Table 12 Global Commercial Aerospace Rebound Market Outlook, By Regional Jets (2024-2032) ($MN)
- Table 13 Global Commercial Aerospace Rebound Market Outlook, By Recovery Factor (2024-2032) ($MN)
- Table 14 Global Commercial Aerospace Rebound Market Outlook, By Passenger Traffic Recovery (2024-2032) ($MN)
- Table 15 Global Commercial Aerospace Rebound Market Outlook, By Fleet Modernization (2024-2032) ($MN)
- Table 16 Global Commercial Aerospace Rebound Market Outlook, By Supply Chain Stabilization (2024-2032) ($MN)
- Table 17 Global Commercial Aerospace Rebound Market Outlook, By Aircraft Deliveries and Backlogs (2024-2032) ($MN)
- Table 18 Global Commercial Aerospace Rebound Market Outlook, By Propulsion Type (2024-2032) ($MN)
- Table 19 Global Commercial Aerospace Rebound Market Outlook, By Conventional Jet Engines (2024-2032) ($MN)
- Table 20 Global Commercial Aerospace Rebound Market Outlook, By Hybrid-Electric Propulsion (2024-2032) ($MN)
- Table 21 Global Commercial Aerospace Rebound Market Outlook, By Sustainable Aviation Fuel (SAF)-Based Systems (2024-2032) ($MN)
- Table 22 Global Commercial Aerospace Rebound Market Outlook, By Hydrogen Propulsion (2024-2032) ($MN)
- Table 23 Global Commercial Aerospace Rebound Market Outlook, By Application (2024-2032) ($MN)
- Table 24 Global Commercial Aerospace Rebound Market Outlook, By Civil Aviation (2024-2032) ($MN)
- Table 25 Global Commercial Aerospace Rebound Market Outlook, By Business Aviation (2024-2032) ($MN)
- Table 26 Global Commercial Aerospace Rebound Market Outlook, By Air Cargo (2024-2032) ($MN)
- Table 27 Global Commercial Aerospace Rebound Market Outlook, By Other Applications (2024-2032) ($MN)
- Table 28 Global Commercial Aerospace Rebound Market Outlook, By End User (2024-2032) ($MN)
- Table 29 Global Commercial Aerospace Rebound Market Outlook, By Commercial Airlines (2024-2032) ($MN)
- Table 30 Global Commercial Aerospace Rebound Market Outlook, By Leasing Companies (2024-2032) ($MN)
- Table 31 Global Commercial Aerospace Rebound Market Outlook, By Cargo Operators (2024-2032) ($MN)
- Table 32 Global Commercial Aerospace Rebound Market Outlook, By Maintenance, Repair & Overhaul (MRO) Providers (2024-2032) ($MN)
- Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
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