Commercial Aircraft Market Drivers 2025-2029: Regional Outlook and Sizing Analysis
The Business Research Company
The Business Research Company’s Commercial Aircraft Global Market Report 2025 - Market Size, Trends, And Global Forecast 2025-2034
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Commercial Aircraft Market Growth Forecast: What To Expect By 2025?
The size of the commercial aircraft market has been on a steady incline in the past few years. Projected growth indicates that it will rise from $207.17 billion in 2024 to a staggering $216.97 billion in 2025, maintaining a compound annual growth rate (CAGR) of 4.7%. Factors contributing to this expansion during the historical period include increased demand for air travel, favorable economic conditions, airline profitability, geopolitical stability, and environmental regulations.
In the coming years, the commercial aircraft market is predicted to experience consistent growth, reaching $260.51 billion in 2029 with a compound annual growth rate (CAGR) of 4.7%. The projected growth during this forecast period is due to factors such as the rise of sustainable aviation and urban air mobility, enhanced connectivity, health and safety priorities, and governmental investments. The period is also expected to witness significant trends such as the integration of technology, advancements in technology, the shift towards more fuel-efficient engines, increasing popularity of narrow-body aircraft, and the use of advanced materials.
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What Are Key Factors Driving The Demand In The Global Commercial Aircraft Market?
The expansion of legal authority permitting the usage of drones for business purposes is set to create a potential income stream for aircraft manufacturers. For instance, the US Federal Aviation Authority provided a regulation permitting the use of drones for business use under specified conditions, eliminating the need for a previously required expensive and time-consuming waiver. This significantly limited drone usage. The easing of these restrictions is predicted to bolster the commercial drone market during the forecast period. Several other countries are following the FAA's regulatory framework to greenlight commercial drones not only in the US but across the globe. Coupled with the advent of dependable and robust commercial-centered drones, like those produced by the Chinese firm, DJI, and the public selling of commercial drones, this is anticipated to fuel the swift expansion in the commercial aircraft manufacturing sector's drone segment.
Who Are The Leading Players In The Commercial Aircraft Market?
Major players in the Commercial Aircraft Global Market Report 2025 include:
• Boeing
• Airbus
• Lockheed Martin
• Northrop Grumman
• Embraer
• Bombardier
• Textron Aviation
• United Aircraft Corporation
• Dassault Aviation
• Leonardo S.p.A.
What Are Some Emerging Trends In The Commercial Aircraft Market?
The utilization of machine-learning methodologies, like artificial intelligence (AI), is seen prominently with aircraft manufacturers to augment aircraft safety, quality, and manufacturing productivity. Machine learning algorithms facilitate data collection from machine-to-machine and machine-to-human interactions, employing data analytics for efficacious decision-making. These advancements not only enhance manufacturing processes but also curtail costs. A case in point is GE Aviation, which harnesses the power of machine learning and data analytics to spot defects in engines, elongating component life and diminishing maintenance expenses. Boeing has also managed to construct machine-learning algorithms that aid in aircraft design and factory operation automation.
Analysis Of Major Segments Driving The Commercial Aircraft Market Growth
The commercial aircraft market covered in this report is segmented –
1) By Type: Passenger Aircrafts, Commercial Helicopters, Commercial Gliders And Drones, Aircraft Turbines, Aircraft Engines, Rocket Engines
2) By Engine Type: Turbofan, Turboprop, Turboshaft
3) By Size: Wide-Body, Narrow-Body, Regional, Others
4) By End-User: Government, Private Sector
5) By Operation: Autonomous Aircraft, Manual
Subsegments:
1) By Passenger Aircraft: Narrow-Body Aircraft, Wide-Body Aircraft, Regional Aircraft
2) By Commercial Helicopters: Single-Engine Helicopters, Multi-Engine Helicopters, Utility Helicopters
3) By Commercial Gliders And Drones: Unmanned Aerial Vehicles (UAVs), Commercial Gliders
4) By Aircraft Turbines: Turbojet Engines, Turbofan Engines, Turboprop Engines
5) By Aircraft Engines: Jet Engines, Reciprocating Engines, Electric Aircraft Engines
6) By Rocket Engines: Liquid Propellant Rocket Engines, Solid Propellant Rocket Engines, Hybrid Rocket Engines
View the full commercial aircraft market report:
https://www.thebusinessresearchcompany.com/report/commercial-aircraft-global-market-report
Which Region Is Expected To Lead The Commercial Aircraft Market By 2025?
In 2024, North America dominated the commercial aircraft market and is forecasted to grow at the swiftest pace. The Commercial Aircraft Global Market Report 2025 encompasses regions including North America, Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa.
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