Regional Aircraft Market Forecasts to 2032 – Global Analysis By Aircraft Type (Regional Jets (RJ), Turboprop Aircraft, and Commuter & Amphibious Aircraft), Seating Capacity (20–50 Seats, 51–80 Seats, 81–125 Seats, and 126–150 Seats), Maximum Take-Off Weig
Description
According to Stratistics MRC, the Global Regional Aircraft Market is accounted for $37.1 billion in 2025 and is expected to reach $56.2 billion by 2032, growing at a CAGR of 6.1% during the forecast period. The regional aircraft market includes the design, manufacturing, and operation of smaller commercial aircraft typically seating up to around 100 passengers for short- to medium-haul routes. It serves regional airlines and feeder networks connecting smaller cities to major hubs. Benefits include lower operating expenses, flexible route deployment, improved regional connectivity, fuel efficiency improvements through new-generation aircraft, and support for balanced air transport growth beyond major metropolitan centers.
According to the International Civil Aviation Organization (ICAO), regional and short-haul flights account for over 30% of all scheduled commercial flights worldwide.
Market Dynamics:
Driver:
Rising demand for air connectivity to secondary and tertiary cities
Airlines increasingly focus on underserved routes where population growth, business travel, and government regional development programs stimulate consistent passenger flows. Furthermore, regional aircraft offer lower operating expenses, flexible scheduling, and compatibility with shorter runways, enabling efficient point-to-point connectivity. Additionally, public investments in regional airports and air service subsidy schemes support fleet expansion. As a result, manufacturers benefit from steady orders as carriers modernize fleets to economically serve dispersed demand patterns across diverse geographies globally.
Restraint:
Airport slot limitations and congestion at major hub airports
Many regional flights depend on access to busy hubs for network connectivity, yet slot scarcity restricts frequency growth and route additions. Moreover, congestion increases turnaround times, fuel burn, and operational uncertainty, reducing the economic attractiveness of deploying smaller aircraft. Additionally, infrastructure expansion at major airports remains capital intensive and slow due to regulatory and environmental constraints. Consequently, airlines may delay regional fleet investments, limiting near-term aircraft deliveries and weakening overall market momentum during forecast periods.
Opportunity:
Growth in urban air mobility (UAM) and demand for cargo conversion
Aging regional passenger fleets are increasingly evaluated for freighter conversion to support e-commerce, express logistics, and short-haul cargo networks. Furthermore, urban air mobility initiatives accelerate technology development in propulsion, lightweight structures, and avionics that can spill over into next-generation regional platforms. Additionally, manufacturers can diversify revenue through special mission and cargo variants. Collectively, these trends expand addressable markets and enhance long-term resilience for manufacturers, operators, and leasing communities worldwide over time.
Threat:
Economic volatility and downturns reducing passenger demand and airline profitability
Regional carriers are particularly sensitive to fuel price swings, interest rate increases, and currency fluctuations, which strain operating margins. Moreover, during economic slowdowns, airlines prioritize capacity discipline and defer fleet renewal programs. Aircraft deliveries may also be delayed by less risk aversion and restricted access to financing. As a result, order backlogs may face deferrals or cancellations, increasing revenue uncertainty for manufacturers and suppliers across global regional aviation ecosystems over medium-term cycles and planning horizons.
Covid-19 Impact:
The COVID-19 pandemic had a pronounced impact on the regional aircraft market as travel restrictions and border closures sharply reduced passenger volumes. Airlines grounded fleets, postponed aircraft deliveries, and retired older regional aircraft earlier than planned. Furthermore, liquidity pressures forced carriers to renegotiate contracts and defer capital expenditures. However, domestic and regional routes recovered faster than long-haul services, supporting gradual demand normalization. Additionally, cargo operations provided limited revenue support. Overall, the pandemic caused short-term disruption while reinforcing the strategic importance of regional.
The regional jets (RJ) segment is expected to be the largest during the forecast period
The regional jets (RJ) segment is expected to account for the largest market share during the forecast period due to its balanced capacity, range, and operating efficiency. Regional jets typically serve high-frequency routes connecting medium-density markets with major hubs, aligning well with airline network strategies. Furthermore, continuous improvements in fuel efficiency, cabin comfort, and maintenance economics enhance their lifecycle value. Additionally, strong demand from North American and European carriers supports sustained production. As airlines replace aging turboprops and early-generation jets, regional jets remain the preferred solution for fleet standardization and long-term planning across core markets.
The 20–50 seats segment is expected to have the highest CAGR during the forecast period
Over the forecast period, the 20–50 seat segment is predicted to witness the highest growth rate, driven by rising demand for thin routes and right-sized capacity. Airlines increasingly deploy smaller aircraft to optimize load factors while maintaining frequency. Furthermore, this segment supports connectivity to remote and emerging regional airports with limited infrastructure. Additionally, lower acquisition and operating costs attract regional carriers and startup operators. As network optimization intensifies, sustained growth momentum is anticipated for this capacity class across diverse geographies and evolving airline business models over the medium-term outlook and planning cycles.
Region with largest share:
During the forecast period, the North America region is expected to hold the largest market share supported by a mature regional aviation ecosystem. The presence of large regional airline networks, established leasing markets, and strong aftermarket infrastructure sustains fleet demand. Furthermore, ongoing replacement of aging regional jets in the United States drives steady procurement. Additionally, supportive regulatory frameworks and passenger preference for frequent connectivity reinforce utilization. As a result, North America continues to anchor revenue generation and production stability for manufacturers serving both passenger and cargo regional operators across established domestic networks and cross border routes.
Region with highest CAGR:
During the forecast period, the Asia Pacific region is anticipated to exhibit the highest CAGR, driven by rapid economic growth and expanding air travel demand. Rising middle-class populations and government investments in regional airports stimulate new route development. Moreover, geographically dispersed markets favor regional aircraft for short-haul connectivity. Additionally, fleet expansion by emerging airlines and low-cost carriers accelerates deliveries. Consequently, Asia Pacific represents the fastest-growing opportunity landscape for regional aircraft manufacturers, supported by strong domestic markets and infrastructure modernization programs across Southeast Asia, India, and China over the medium to long term.
Key players in the market
Some of the key players in Regional Aircraft Market include Embraer S.A., ATR - Avions de Transport Régional, De Havilland Aircraft of Canada Ltd., Mitsubishi Aircraft Corporation, Commercial Aircraft Corporation of China, Ltd., United Aircraft Corporation, Antonov Company, Pilatus Aircraft Ltd., Textron Aviation Inc., Airbus SE, The Boeing Company, Piaggio Aerospace S.p.A., Viking Air Limited, and Harbin Aircraft Industry Group Co., Ltd.
Key Developments:
In November 2025, De Havilland Aircraft of Canada Ltd. introduced the new Letter of Intent with IndiaOne Air for up to ten Twin Otter Series 300-G aircraft at the Dubai Airshow.
In November 2025, Commercial Aircraft Corporation of China (COMAC) introduced the new C919 and C909 regional jets at Dubai Airshow, with the first C909 medical rescue aircraft delivered earlier in September 2025.
In September 2025, ATR – Avions de Transport Régional introduced the new Clean Aviation partnership projects to lead hybrid-electric propulsion and ultra-efficient regional aircraft development, aiming for a hybrid-electric ATR 72-600 testbed by 2030.
In July 2025, Mitsubishi Aircraft Corporation (MHI) introduced the new flight test program for hybrid-type medium-sized UAVs in collaboration with Yamaha Motor, continuing regional aviation technology development.
Aircraft Types Covered:
• Regional Jets (RJ)
• Turboprop Aircraft
• Commuter & Amphibious Aircraft
Seating Capacities Covered:
• 20–50 Seats
• 51–80 Seats
• 81–125 Seats
• 126–150 Seats
Maximum Take-Off Weight (MTOW) Covered:
• 20,000 lbs – 80,000 lbs
• 81,000 lbs – 160,000 lbs
Engine Technologies Covered:
• Turbofan Engines (High Bypass)
• Turboprop Engines
• Emerging Propulsion
Applications Covered:
• Passenger Transport
• Cargo/Freighter
• Special Missions
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest 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
According to the International Civil Aviation Organization (ICAO), regional and short-haul flights account for over 30% of all scheduled commercial flights worldwide.
Market Dynamics:
Driver:
Rising demand for air connectivity to secondary and tertiary cities
Airlines increasingly focus on underserved routes where population growth, business travel, and government regional development programs stimulate consistent passenger flows. Furthermore, regional aircraft offer lower operating expenses, flexible scheduling, and compatibility with shorter runways, enabling efficient point-to-point connectivity. Additionally, public investments in regional airports and air service subsidy schemes support fleet expansion. As a result, manufacturers benefit from steady orders as carriers modernize fleets to economically serve dispersed demand patterns across diverse geographies globally.
Restraint:
Airport slot limitations and congestion at major hub airports
Many regional flights depend on access to busy hubs for network connectivity, yet slot scarcity restricts frequency growth and route additions. Moreover, congestion increases turnaround times, fuel burn, and operational uncertainty, reducing the economic attractiveness of deploying smaller aircraft. Additionally, infrastructure expansion at major airports remains capital intensive and slow due to regulatory and environmental constraints. Consequently, airlines may delay regional fleet investments, limiting near-term aircraft deliveries and weakening overall market momentum during forecast periods.
Opportunity:
Growth in urban air mobility (UAM) and demand for cargo conversion
Aging regional passenger fleets are increasingly evaluated for freighter conversion to support e-commerce, express logistics, and short-haul cargo networks. Furthermore, urban air mobility initiatives accelerate technology development in propulsion, lightweight structures, and avionics that can spill over into next-generation regional platforms. Additionally, manufacturers can diversify revenue through special mission and cargo variants. Collectively, these trends expand addressable markets and enhance long-term resilience for manufacturers, operators, and leasing communities worldwide over time.
Threat:
Economic volatility and downturns reducing passenger demand and airline profitability
Regional carriers are particularly sensitive to fuel price swings, interest rate increases, and currency fluctuations, which strain operating margins. Moreover, during economic slowdowns, airlines prioritize capacity discipline and defer fleet renewal programs. Aircraft deliveries may also be delayed by less risk aversion and restricted access to financing. As a result, order backlogs may face deferrals or cancellations, increasing revenue uncertainty for manufacturers and suppliers across global regional aviation ecosystems over medium-term cycles and planning horizons.
Covid-19 Impact:
The COVID-19 pandemic had a pronounced impact on the regional aircraft market as travel restrictions and border closures sharply reduced passenger volumes. Airlines grounded fleets, postponed aircraft deliveries, and retired older regional aircraft earlier than planned. Furthermore, liquidity pressures forced carriers to renegotiate contracts and defer capital expenditures. However, domestic and regional routes recovered faster than long-haul services, supporting gradual demand normalization. Additionally, cargo operations provided limited revenue support. Overall, the pandemic caused short-term disruption while reinforcing the strategic importance of regional.
The regional jets (RJ) segment is expected to be the largest during the forecast period
The regional jets (RJ) segment is expected to account for the largest market share during the forecast period due to its balanced capacity, range, and operating efficiency. Regional jets typically serve high-frequency routes connecting medium-density markets with major hubs, aligning well with airline network strategies. Furthermore, continuous improvements in fuel efficiency, cabin comfort, and maintenance economics enhance their lifecycle value. Additionally, strong demand from North American and European carriers supports sustained production. As airlines replace aging turboprops and early-generation jets, regional jets remain the preferred solution for fleet standardization and long-term planning across core markets.
The 20–50 seats segment is expected to have the highest CAGR during the forecast period
Over the forecast period, the 20–50 seat segment is predicted to witness the highest growth rate, driven by rising demand for thin routes and right-sized capacity. Airlines increasingly deploy smaller aircraft to optimize load factors while maintaining frequency. Furthermore, this segment supports connectivity to remote and emerging regional airports with limited infrastructure. Additionally, lower acquisition and operating costs attract regional carriers and startup operators. As network optimization intensifies, sustained growth momentum is anticipated for this capacity class across diverse geographies and evolving airline business models over the medium-term outlook and planning cycles.
Region with largest share:
During the forecast period, the North America region is expected to hold the largest market share supported by a mature regional aviation ecosystem. The presence of large regional airline networks, established leasing markets, and strong aftermarket infrastructure sustains fleet demand. Furthermore, ongoing replacement of aging regional jets in the United States drives steady procurement. Additionally, supportive regulatory frameworks and passenger preference for frequent connectivity reinforce utilization. As a result, North America continues to anchor revenue generation and production stability for manufacturers serving both passenger and cargo regional operators across established domestic networks and cross border routes.
Region with highest CAGR:
During the forecast period, the Asia Pacific region is anticipated to exhibit the highest CAGR, driven by rapid economic growth and expanding air travel demand. Rising middle-class populations and government investments in regional airports stimulate new route development. Moreover, geographically dispersed markets favor regional aircraft for short-haul connectivity. Additionally, fleet expansion by emerging airlines and low-cost carriers accelerates deliveries. Consequently, Asia Pacific represents the fastest-growing opportunity landscape for regional aircraft manufacturers, supported by strong domestic markets and infrastructure modernization programs across Southeast Asia, India, and China over the medium to long term.
Key players in the market
Some of the key players in Regional Aircraft Market include Embraer S.A., ATR - Avions de Transport Régional, De Havilland Aircraft of Canada Ltd., Mitsubishi Aircraft Corporation, Commercial Aircraft Corporation of China, Ltd., United Aircraft Corporation, Antonov Company, Pilatus Aircraft Ltd., Textron Aviation Inc., Airbus SE, The Boeing Company, Piaggio Aerospace S.p.A., Viking Air Limited, and Harbin Aircraft Industry Group Co., Ltd.
Key Developments:
In November 2025, De Havilland Aircraft of Canada Ltd. introduced the new Letter of Intent with IndiaOne Air for up to ten Twin Otter Series 300-G aircraft at the Dubai Airshow.
In November 2025, Commercial Aircraft Corporation of China (COMAC) introduced the new C919 and C909 regional jets at Dubai Airshow, with the first C909 medical rescue aircraft delivered earlier in September 2025.
In September 2025, ATR – Avions de Transport Régional introduced the new Clean Aviation partnership projects to lead hybrid-electric propulsion and ultra-efficient regional aircraft development, aiming for a hybrid-electric ATR 72-600 testbed by 2030.
In July 2025, Mitsubishi Aircraft Corporation (MHI) introduced the new flight test program for hybrid-type medium-sized UAVs in collaboration with Yamaha Motor, continuing regional aviation technology development.
Aircraft Types Covered:
• Regional Jets (RJ)
• Turboprop Aircraft
• Commuter & Amphibious Aircraft
Seating Capacities Covered:
• 20–50 Seats
• 51–80 Seats
• 81–125 Seats
• 126–150 Seats
Maximum Take-Off Weight (MTOW) Covered:
• 20,000 lbs – 80,000 lbs
• 81,000 lbs – 160,000 lbs
Engine Technologies Covered:
• Turbofan Engines (High Bypass)
• Turboprop Engines
• Emerging Propulsion
Applications Covered:
• Passenger Transport
• Cargo/Freighter
• Special Missions
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest 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
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 Technology Analysis
- 3.7 Application 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 Regional Aircraft Market, By Aircraft Type
- 5.1 Introduction
- 5.2 Regional Jets (RJ)
- 5.3 Turboprop Aircraft
- 5.4 Commuter & Amphibious Aircraft
- 6 Global Regional Aircraft Market, By Seating Capacity
- 6.1 Introduction
- 6.2 20–50 Seats
- 6.3 51–80 Seats
- 6.4 81–125 Seats
- 6.5 126–150 Seats
- 7 Global Regional Aircraft Market, By Maximum Take-Off Weight (MTOW)
- 7.1 Introduction
- 7.2 20,000 lbs – 80,000 lbs
- 7.3 81,000 lbs – 160,000 lbs
- 8 Global Regional Aircraft Market, By Engine Technology
- 8.1 Introduction
- 8.2 Turbofan Engines (High Bypass)
- 8.3 Turboprop Engines
- 8.4 Emerging Propulsion
- 9 Global Regional Aircraft Market, By Application
- 9.1 Introduction
- 9.2 Passenger Transport
- 9.3 Cargo/Freighter
- 9.4 Special Missions
- 10 Global Regional Aircraft Market, By Geography
- 10.1 Introduction
- 10.2 North America
- 10.2.1 US
- 10.2.2 Canada
- 10.2.3 Mexico
- 10.3 Europe
- 10.3.1 Germany
- 10.3.2 UK
- 10.3.3 Italy
- 10.3.4 France
- 10.3.5 Spain
- 10.3.6 Rest of Europe
- 10.4 Asia Pacific
- 10.4.1 Japan
- 10.4.2 China
- 10.4.3 India
- 10.4.4 Australia
- 10.4.5 New Zealand
- 10.4.6 South Korea
- 10.4.7 Rest of Asia Pacific
- 10.5 South America
- 10.5.1 Argentina
- 10.5.2 Brazil
- 10.5.3 Chile
- 10.5.4 Rest of South America
- 10.6 Middle East & Africa
- 10.6.1 Saudi Arabia
- 10.6.2 UAE
- 10.6.3 Qatar
- 10.6.4 South Africa
- 10.6.5 Rest of Middle East & Africa
- 11 Key Developments
- 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 11.2 Acquisitions & Mergers
- 11.3 New Product Launch
- 11.4 Expansions
- 11.5 Other Key Strategies
- 12 Company Profiling
- 12.1 Embraer S.A.
- 12.2 ATR - Avions de Transport Régional
- 12.3 De Havilland Aircraft of Canada Ltd.
- 12.4 Mitsubishi Aircraft Corporation
- 12.5 Commercial Aircraft Corporation of China, Ltd.
- 12.6 United Aircraft Corporation
- 12.7 Antonov Company
- 12.8 Pilatus Aircraft Ltd.
- 12.9 Textron Aviation Inc.
- 12.10 Airbus SE
- 12.11 The Boeing Company
- 12.12 Piaggio Aerospace S.p.A.
- 12.13 Viking Air Limited
- 12.14 Harbin Aircraft Industry Group Co., Ltd.
- List of Tables
- Table 1 Global Regional Aircraft Market Outlook, By Region (2024–2032) ($MN)
- Table 2 Global Regional Aircraft Market Outlook, By Aircraft Type (2024–2032) ($MN)
- Table 3 Global Regional Aircraft Market Outlook, By Regional Jets (RJ) (2024–2032) ($MN)
- Table 4 Global Regional Aircraft Market Outlook, By Turboprop Aircraft (2024–2032) ($MN)
- Table 5 Global Regional Aircraft Market Outlook, By Commuter & Amphibious Aircraft (2024–2032) ($MN)
- Table 6 Global Regional Aircraft Market Outlook, By Seating Capacity (2024–2032) ($MN)
- Table 7 Global Regional Aircraft Market Outlook, By 20–50 Seats (2024–2032) ($MN)
- Table 8 Global Regional Aircraft Market Outlook, By 51–80 Seats (2024–2032) ($MN)
- Table 9 Global Regional Aircraft Market Outlook, By 81–125 Seats (2024–2032) ($MN)
- Table 10 Global Regional Aircraft Market Outlook, By 126–150 Seats (2024–2032) ($MN)
- Table 11 Global Regional Aircraft Market Outlook, By MTOW (2024–2032) ($MN)
- Table 12 Global Regional Aircraft Market Outlook, By 20,000–80,000 lbs (2024–2032) ($MN)
- Table 13 Global Regional Aircraft Market Outlook, By 81,000–160,000 lbs (2024–2032) ($MN)
- Table 14 Global Regional Aircraft Market Outlook, By Engine Technology (2024–2032) ($MN)
- Table 15 Global Regional Aircraft Market Outlook, By Turbofan Engines (High Bypass) (2024–2032) ($MN)
- Table 16 Global Regional Aircraft Market Outlook, By Turboprop Engines (2024–2032) ($MN)
- Table 17 Global Regional Aircraft Market Outlook, By Emerging Propulsion (2024–2032) ($MN)
- Table 18 Global Regional Aircraft Market Outlook, By Application (2024–2032) ($MN)
- Table 19 Global Regional Aircraft Market Outlook, By Passenger Transport (2024–2032) ($MN)
- Table 20 Global Regional Aircraft Market Outlook, By Cargo / Freighter (2024–2032) ($MN)
- Table 21 Global Regional Aircraft Market Outlook, By Special Missions (2024–2032) ($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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