The global commercial aircraft market is expected to grow from $207.84 billion in 2020 to $231.68 billion in 2021 at a compound annual growth rate (CAGR) of 11.5%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $310.41 billion in 2025 at a CAGR of 8%.
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The commercial aircraft market consists of sales of commercial aircraft including helicopters, gliders and drones, aircraft parts by entities (organizations, sole traders and partnerships) that produce civilian and commercial aircraft including helicopters, gliders and drones, aircraft parts such as aircraft turbines, aircraft engines and rocket engines for commercial purposes. The market includes MRO (Maintenance Repair and Overhaul) services provided by manufacturers during the aircraft’s warranty period. The commercial aircraft market is segmented into passenger aircrafts; commercial helicopters; aircraft turbines; aircraft engines and rocket engines.
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The commercial aircraft market report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Some of the major players of the commercial aircraft market are Airbus; The Boeing Company; United Technologies Corporation; Bombardier Inc.; Embraer SA.
The global commercial aircraft market 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
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The commercial aircraft market report describes and explains the global commercial aircraft market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The commercial aircraft report evaluates the market across each region and for the major economies within each region.
The countries covered in the global commercial aircraft market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global commercial aircraft market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Full Report Includes
- Executive Summary
- Report Structure
- Commercial Aircraft Market Characteristics
- Commercial Aircraft Market Product Analysis
- Commercial Aircraft Market Supply Chain
- Key Mergers And Acquisitions In The Commercial Aircraft Market
- Market Background: Machinery Manufacturing Market
- Copyright And Disclaimer
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