Product Code: A01379
Commercial aviation includes all commercial air transport, aerial work operations, and certain general aviation flights. Aircraft used for commercial air transport are known as commercial aircraft. Commercial air transport is described as a plane operation that transports people, cargo, or mail for rental or for cost. In addition, commercial airliners transport people and freight between designated airports on regular basis. According to the European Union Aviation Safety Agency (EASA), a commercial operation is any aircraft operation that is provided to the public in exchange for compensation or other valued consideration, or which is performed under a contract between an operator and a customer, where the latter has no control over the operator.
According to the Federal Aviation Administration's (FAA) aerospace forecast, the number of aircraft in the U.S. commercial fleet is expected to increase from 5,882 in 2020 to 8,756 in 2041, an average annual growth rate of 2% each year, after dropping by 22.9% in 2020 (1,746 aircraft) as compared to 2019. Increase in demand for air travel and growth in air cargo shipment are expected to increase the demand for both the passenger and cargo fleets during the forecast period.
Development in the aircraft, increase in demand for fuel-efficient aircraft, unremitting advancements in aviation technology, including the use of lightweight carbon composites for manufacturing aircraft, and growth in the number of airline passengers fuel the demand for commercial aircrafts. However, lack of security & increased terrorism and congestion & delay in air traffic are factors that hamper the growth of the commercial aircraft market. Furthermore, various environmental regulations affect the commercial aircraft market, owing release of carbon dioxide (CO2) and other gases in the atmosphere. On the contrary, government initiatives to promote the commercial aircraft market and expansion of airports in the developing countries, including Africa, China, India, and Singapore are projected to create new growth opportunities for prominent players.
The commercial aircraft market is segmented on the basis of size, application, and region. Depending on size, it is categorized into narrow body, wide body, regional & business jet, and freighter. As per the application, the commercial aircraft market is bifurcated into passenger and cargo. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Competitive analysis and profiles of the major commercial aircraft market players include Airbus SE, Commercial Aircraft Corporation China Ltd., Dassault Aviation, Embraer, General Dynamics Corporation, General Electric, Lockheed Martin Corporation, Raytheon Technologies Corporation, Textron Inc., and the Boeing Company.
The drivers, restraints, and opportunities present in the market are explained in the report, in addition to the analysis of their impact. The report includes the study of the commercial aircraft market with respect to the growth prospects and restraints based on the regional analysis. The study includes Porter's five forces analysis of the industry to determine the impact of suppliers, competitors, new entrants, substitutes, and buyers on the market growth.
KEY BENEFITS FOR STAKEHOLDERS
- This study presents analytical depiction of the commercial aircraft market analysis along with the current trends and future estimations to depict imminent investment pockets.
- The overall commercial aircraft market opportunity is determined by understanding profitable trends to gain a stronger foothold.
- The report presents information related to key drivers, restraints, and opportunities of the commercial aircraft market with a detailed impact analysis.
- The current commercial aircraft market is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency.
- Porter's five forces analysis illustrates the potency of buyers and suppliers in the industry.
Key Market Segments
By Size
- Narrow Body
- Wide Body
- Regional Business Jet
- Freighter
By Application
By Region
- North America
- Europe
- U.K.
- Germany
- France
- Russia
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
- Key Market Players
- Lockheed Martin Corporation
- Raytheon Technologies Corporation
- Textron Inc.
- The Boeing Company
- Airbus Group
- Commercial Aircraft Corporation of China, Ltd
- Dassault Aviation
- Embraer S.A.
- General Dynamics Corporation
- General Electric
TABLE OF CONTENTS
CHAPTER 1:INTRODUCTION
- 1.1.Report description
- 1.2.Key market segments
- 1.3.Key benefits to the stakeholders
- 1.4.Research Methodology
- 1.4.1.Secondary research
- 1.4.2.Primary research
- 1.4.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
- 2.1.Key findings of the study
- 2.2.CXO Perspective
CHAPTER 3:MARKET OVERVIEW
- 3.1.Market definition and scope
- 3.2.Key findings
- 3.2.1.Top investment pockets
- 3.3.Porter's five forces analysis
- 3.4.Top player positioning
- 3.5.Market dynamics
- 3.5.1.Drivers
- 3.5.2.Restraints
- 3.5.3.Opportunities
- 3.6.COVID-19 Impact Analysis on the market
CHAPTER 4: COMMERCIAL AIRCRAFT MARKET, BY SIZE
- 4.1 Overview
- 4.1.1 Market size and forecast
- 4.2 Narrow Body
- 4.2.1 Key market trends, growth factors and opportunities
- 4.2.2 Market size and forecast, by region
- 4.2.3 Market analysis by country
- 4.3 Wide Body
- 4.3.1 Key market trends, growth factors and opportunities
- 4.3.2 Market size and forecast, by region
- 4.3.3 Market analysis by country
- 4.4 Regional & Business Jet
- 4.4.1 Key market trends, growth factors and opportunities
- 4.4.2 Market size and forecast, by region
- 4.4.3 Market analysis by country
- 4.5 Freighter
- 4.5.1 Key market trends, growth factors and opportunities
- 4.5.2 Market size and forecast, by region
- 4.5.3 Market analysis by country
CHAPTER 5: COMMERCIAL AIRCRAFT MARKET, BY APPLICATION
- 5.1 Overview
- 5.1.1 Market size and forecast
- 5.2 Passenger
- 5.2.1 Key market trends, growth factors and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market analysis by country
- 5.3 Cargo
- 5.3.1 Key market trends, growth factors and opportunities
- 5.3.2 Market size and forecast, by region
- 5.3.3 Market analysis by country
CHAPTER 6: COMMERCIAL AIRCRAFT MARKET, BY REGION
- 6.1 Overview
- 6.1.1 Market size and forecast
- 6.2 North America
- 6.2.1 Key trends and opportunities
- 6.2.2 North America Market size and forecast, by Size
- 6.2.3 North America Market size and forecast, by Application
- 6.2.4 North America Market size and forecast, by country
- 6.2.4.1 U.S.
- 6.2.4.1.1 Market size and forecast, by Size
- 6.2.4.1.2 Market size and forecast, by Application
- 6.2.4.2 Canada
- 6.2.4.2.1 Market size and forecast, by Size
- 6.2.4.2.2 Market size and forecast, by Application
- 6.2.4.3 Mexico
- 6.2.4.3.1 Market size and forecast, by Size
- 6.2.4.3.2 Market size and forecast, by Application
- 6.3 Europe
- 6.3.1 Key trends and opportunities
- 6.3.2 Europe Market size and forecast, by Size
- 6.3.3 Europe Market size and forecast, by Application
- 6.3.4 Europe Market size and forecast, by country
- 6.3.4.1 U.K.
- 6.3.4.1.1 Market size and forecast, by Size
- 6.3.4.1.2 Market size and forecast, by Application
- 6.3.4.2 Germany
- 6.3.4.2.1 Market size and forecast, by Size
- 6.3.4.2.2 Market size and forecast, by Application
- 6.3.4.3 France
- 6.3.4.3.1 Market size and forecast, by Size
- 6.3.4.3.2 Market size and forecast, by Application
- 6.3.4.4 Russia
- 6.3.4.4.1 Market size and forecast, by Size
- 6.3.4.4.2 Market size and forecast, by Application
- 6.3.4.5 Rest of Europe
- 6.3.4.5.1 Market size and forecast, by Size
- 6.3.4.5.2 Market size and forecast, by Application
- 6.4 Asia-Pacific
- 6.4.1 Key trends and opportunities
- 6.4.2 Asia-Pacific Market size and forecast, by Size
- 6.4.3 Asia-Pacific Market size and forecast, by Application
- 6.4.4 Asia-Pacific Market size and forecast, by country
- 6.4.4.1 China
- 6.4.4.1.1 Market size and forecast, by Size
- 6.4.4.1.2 Market size and forecast, by Application
- 6.4.4.2 India
- 6.4.4.2.1 Market size and forecast, by Size
- 6.4.4.2.2 Market size and forecast, by Application
- 6.4.4.3 Japan
- 6.4.4.3.1 Market size and forecast, by Size
- 6.4.4.3.2 Market size and forecast, by Application
- 6.4.4.4 South Korea
- 6.4.4.4.1 Market size and forecast, by Size
- 6.4.4.4.2 Market size and forecast, by Application
- 6.4.4.5 Rest of Asia-Pacific
- 6.4.4.5.1 Market size and forecast, by Size
- 6.4.4.5.2 Market size and forecast, by Application
- 6.5 LAMEA
- 6.5.1 Key trends and opportunities
- 6.5.2 LAMEA Market size and forecast, by Size
- 6.5.3 LAMEA Market size and forecast, by Application
- 6.5.4 LAMEA Market size and forecast, by country
- 6.5.4.1 Latin America
- 6.5.4.1.1 Market size and forecast, by Size
- 6.5.4.1.2 Market size and forecast, by Application
- 6.5.4.2 Middle East
- 6.5.4.2.1 Market size and forecast, by Size
- 6.5.4.2.2 Market size and forecast, by Application
- 6.5.4.3 Africa
- 6.5.4.3.1 Market size and forecast, by Size
- 6.5.4.3.2 Market size and forecast, by Application
CHAPTER 7: COMPANY LANDSCAPE
- 7.1. Introduction
- 7.2. Top winning strategies
- 7.3. Product Mapping of Top 10 Player
- 7.4. Competitive Dashboard
- 7.5. Competitive Heatmap
- 7.6. Key developments
CHAPTER 8: COMPANY PROFILES
- 8.1 Lockheed Martin Corporation
- 8.1.1 Company overview
- 8.1.2 Company snapshot
- 8.1.3 Operating business segments
- 8.1.4 Product portfolio
- 8.1.5 Business performance
- 8.1.6 Key strategic moves and developments
- 8.2 Raytheon Technologies Corporation
- 8.2.1 Company overview
- 8.2.2 Company snapshot
- 8.2.3 Operating business segments
- 8.2.4 Product portfolio
- 8.2.5 Business performance
- 8.2.6 Key strategic moves and developments
- 8.3 Textron Inc.
- 8.3.1 Company overview
- 8.3.2 Company snapshot
- 8.3.3 Operating business segments
- 8.3.4 Product portfolio
- 8.3.5 Business performance
- 8.3.6 Key strategic moves and developments
- 8.4 The Boeing Company
- 8.4.1 Company overview
- 8.4.2 Company snapshot
- 8.4.3 Operating business segments
- 8.4.4 Product portfolio
- 8.4.5 Business performance
- 8.4.6 Key strategic moves and developments
- 8.5 Airbus Group
- 8.5.1 Company overview
- 8.5.2 Company snapshot
- 8.5.3 Operating business segments
- 8.5.4 Product portfolio
- 8.5.5 Business performance
- 8.5.6 Key strategic moves and developments
- 8.6 Commercial Aircraft Corporation of China, Ltd
- 8.6.1 Company overview
- 8.6.2 Company snapshot
- 8.6.3 Operating business segments
- 8.6.4 Product portfolio
- 8.6.5 Business performance
- 8.6.6 Key strategic moves and developments
- 8.7 Dassault Aviation
- 8.7.1 Company overview
- 8.7.2 Company snapshot
- 8.7.3 Operating business segments
- 8.7.4 Product portfolio
- 8.7.5 Business performance
- 8.7.6 Key strategic moves and developments
- 8.8 Embraer S.A.
- 8.8.1 Company overview
- 8.8.2 Company snapshot
- 8.8.3 Operating business segments
- 8.8.4 Product portfolio
- 8.8.5 Business performance
- 8.8.6 Key strategic moves and developments
- 8.9 General Dynamics Corporation
- 8.9.1 Company overview
- 8.9.2 Company snapshot
- 8.9.3 Operating business segments
- 8.9.4 Product portfolio
- 8.9.5 Business performance
- 8.9.6 Key strategic moves and developments
- 8.10 General Electric
- 8.10.1 Company overview
- 8.10.2 Company snapshot
- 8.10.3 Operating business segments
- 8.10.4 Product portfolio
- 8.10.5 Business performance
- 8.10.6 Key strategic moves and developments