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Commercial Aircraft Market by Size (Wide-Body, Narrow-Body, Regional), End User (Government, Private Sector) - Global Opportunity Analysis and Industry Forecast, 2014 - 2022

AE 161706
Pages: 111
Sep 2016 | 2131 Views
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Author's : Kalyani Sonawane
Tables: 22
Charts: 70
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Commercial Aircraft Market Overview:

Global Commercial Aircraft Market is expected to reach $209 billion by 2022. Commercial aircraft transport passengers and cargo from one location to another. Commercial aviation involves general aviation and scheduled airline services. For this report, the world commercial aircraft market is divided by aircraft size, end user, and geographical region. The aircraft sizes could be wide-body, narrow-body, regional, and others (single aisle, feederliner, and short haul). Considering the end users, the market is bifurcated into public and private sector. Based on geography, the market is analyzed across four major regions namely, North America, Europe, Asia-Pacific, and LAMEA.

Top impacting factors

FIG. 1 TOP IMPACTING FACTORS

Commercial aircraft market top impacting factors

Increase in number of air passengers

This factor is expected to have high impact on the market growth throughout the forecast. Key players in the market have anticipated significant growth in the number of air passengers by the end of 2034; by then, they aim to enhance their overall air transport services.

Improvement in commercial aviation network

Increase in passengers security concerns may encourage prominent players to invest significant amount on passengers security enhancement solutions and services, thus, projecting high impact of this factor by the end of 2022.

Increasing tourism and economic development

It is anticipated that; the global tourism industry will witness significant hike during the forecast period. This is projected to have a high impact on the overall commercial aircraft market by 2022.

Environment-friendly and fuel-efficient aircraft

To meet the environment compliance by the governments, businesses have started consuming and offering eco-friendly products and services. By 2022, the overall impact of this factor is expected to remain high due to increasing environmental concerns.

Lack of security and terrorism threats

Significant increase in aviation terrorism has created a negative impact on commercial aircraft market growth. Currently, this factor has high impact in the market and is expected to remain high throughout the forecast period. Major issues include air traffic control error, cabin fire, explosive devices, flight hijacks, lightning, and incompetent pilots.

Congestion and delay

Currently, congestion and delay have high impact on the market growth. However, introduction of several initiatives by government and aviation service providers to manage air-traffic effectively may reduce the overall impact on the market growth by 2022.

Top investment pockets

The graph shown below signifies the growth potential of overall commercial aircraft market by size of aircraft. Based on aircraft size, the market is segmented into wide-body, narrow-body, and regional jets. From the graph, it is evident that the narrow-body segment had the maximum market share in 2014 aircraft, as they are fuel-efficient and help in reducing the overall cost. This is one of the crucial factors that have increased the adoption of narrow-body aircraft globally. However, the wide-body segment is expected to grow at a rapid rate during the forecast period due to an increase in the number of aircraft delivery via wide-body aircraft, especially in Asia-Pacific.

FIG. 2 TOP INVESTMENT POCKETS

Commercial aircraft market top investment pockets

Top wining strategies

FIG. 3 TOP WINNING STRATEGIES,2015

Commercial aircraft market top winning strategies 2015

The graph illustrates the adoption of strategies by various players in the commercial aircraft market. Businesses utilize various strategies to strengthen their market presence such as, acquisitions, partnerships & collaborations, and product launches. According to AMR analysis, the most adopted strategy among prominent players in the commercial aircraft market is partnerships & collaborations with similar or complementary product lines. In fact, partnerships & collaborations account for 46.8% of the total strategy adoption, followed by product launches, contributing 36.2% of the total share. Partnership & collaboration strategy helps key market players to widen their product portfolio and reach more customers and geographies to increase their market presence.

Recently, many leading players launched new products and got into partnerships to enhance their market presence. Some of these leading players profiled in this report include:

  • Airbus Group SE
  • The Boeing Company
  • Bombardier Inc.
  • Commercial Aircraft Corporation of China, Ltd.
  • Embraer S.A.
  • Public Joint Stock Company United Aircraft Corporation
  • GE Aviation
  • United Technologies Corporation
  • Lockheed Martin Corporation
  • Leonardo-Finmeccanica S.p.a

Key Benefits

  • An in-depth analysis of the world commercial aircraft market is provided along with the market dynamics that would prove crucial in understanding the market.
  • Quantitative analysis of the current market and future estimations for 20142022 would assist strategists to design business strategies to capitalize on the current market opportunities.
  • Porters Five Forces analysis examines the competitive structure of the world commercial aircraft market, while providing a clear understanding of the factors that influence the market entry and market expansion.
  • A detailed analysis of geographical segments offers identification of most profitable segments to capitalize on.
  • Strategic analysis of the key leaders and their business strategies would assist stakeholders to make informed business decisions.

Commercial Aircraft Market Key Segments:

By Size

  • Wide-Body
  • Narrow-Body
  • Regional

By End User

  • Government
  • Private Sector

By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa
 

Chapter: 1 INTRODUCTION

1.1 Report description
1.2 Key benefits
1.3 Key market segments
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 CXO perspective

Chapter: 3 MARKET OVERVIEW

3.1 Market definition and scope
3.2 Key findings

3.2.1 Top impacting factors
3.2.2 Top winning strategies
3.2.3 Top investment pockets

3.3 Value chain analysis

3.3.1 Design
3.3.2 Parts and components manufacturing
3.3.3 System integration
3.3.4 Marketing and sales
3.3.5 Customers
3.3.6 Post sales services

3.4 Porters five forces analysis

3.4.1 Low bargaining power of buyers due to oligopoly in the market
3.4.2 Large number of buyers and high switching costs for customers lead to high bargaining power of suppliers
3.4.3 Presence of strong brands and innovative technology leads to intense rivalry among competitors
3.4.4 Moderate threat of substitutes due to competition from short-distance fast trains and advanced real-time communication technology
3.4.5 Low threat from new entrants due to high initial investment costs and stiff competition from established brands

3.5 Market share analysis, 2015
3.6 Drivers

3.6.1 Increase in number of air passengers
3.6.2 Improvement in commercial aviation network
3.6.3 Rise in tourism and economic development
3.6.4 Environment-friendly and fuel-efficient aircraft

3.7 Restraints

3.7.1 Lack of security and terrorism
3.7.2 Congestion and delay

3.8 Opportunities

3.8.1 Emerging markets to create new growth opportunities
3.8.2 Government initiatives to promote commercial aircraft market

Chapter: 4 WORLD COMMERCIAL AIRCRAFT MARKET, BY ENGINE TYPE

4.1 Market size and forecast
4.2 Turbofan

4.2.1 Key market trends
4.2.2 Key growth factors and opportunities
4.2.3 Market size and forecast

4.3 Turboprop

4.3.1 Key market trends
4.3.2 Key growth factors and opportunities
4.3.3 Market size and forecast

Chapter: 5 WORLD COMMERCIAL AIRCRAFT MARKET, BY AIRCRAFT SIZE

5.1 Market size and forecast
5.2 Wide-body aircraft

5.2.1 Key market trends
5.2.2 Key growth factors and opportunities
5.2.3 Market size and forecast

5.3 Narrow-body aircraft

5.3.1 Key market trends
5.3.2 Key growth factors and opportunities
5.3.3 Market size and forecast

5.4 Regional jets

5.4.1 Key market trends
5.4.2 Key growth factors and opportunities
5.4.3 Market size and forecast

Chapter: 6 WORLD COMMERCIAL AIRCRAFT MARKET, BY USE CASE

6.1 Market size and forecast
6.2 Government

6.2.1 Key market trends
6.2.2 Key growth factors and opportunities
6.2.3 Market size and forecast

6.3 Private sector

6.3.1 Key market trends
6.3.2 Key growth factors and opportunities
6.3.3 Market size and forecast

Chapter: 7 WORLD COMMERCIAL AIRCRAFT MARKET, BY GEOGRAPHY

7.1 Market size and forecast
7.2 North America

7.2.1 Key market trends
7.2.2 Key growth factors and opportunities
7.2.3 Market size and forecast

7.2.3.1 U.S.

7.2.3.1.1 MARKET SIZE & FORECAST

7.2.3.2 Canada

7.2.3.2.1 MARKET SIZE & FORECAST

7.2.3.3 Mexico

7.2.3.3.1 MARKET SIZE & FORECAST

7.3 Europe

7.3.1 Key market trends
7.3.2 Key growth factors and opportunities
7.3.3 Market size and forecast

7.3.3.1 UK

7.3.3.1.1 MARKET SIZE & FORECAST

7.3.3.2 Germany

7.3.3.2.1 MARKET SIZE & FORECAST

7.3.3.3 France

7.3.3.3.1 MARKET SIZE & FORECAST

7.3.3.4 Spain

7.3.3.4.1 MARKET SIZE & FORECAST

7.3.3.5 Italy

7.3.3.5.1 MARKET SIZE & FORECAST

7.3.3.6 Rest of Europe

7.3.3.6.1 MARKET SIZE & FORECAST

7.4 Asia-Pacific

7.4.1 Key market trends
7.4.2 Key growth factors and opportunities
7.4.3 Market size and forecast

7.4.3.1 China

7.4.3.1.1 MARKET SIZE & FORECAST

7.4.3.2 Japan

7.4.3.2.1 MARKET SIZE & FORECAST

7.4.3.3 India

7.4.3.3.1 MARKET SIZE & FORECAST

7.4.3.4 Rest of APAC

7.4.3.4.1 MARKET SIZE & FORECAST

7.5 LAMEA

7.5.1 Key market trends
7.5.2 Key growth factors and opportunities
7.5.3 Market size and forecast

7.5.3.1 Latin America

7.5.3.1.1 MARKET SIZE & FORECAST

7.5.3.2 Middle East

7.5.3.2.1 MARKET SIZE & FORECAST

7.5.3.3 Africa

7.5.3.3.1 MARKET SIZE & FORECAST

Chapter: 8 COMPANY PROFILES

8.1 Airbus Group SE

8.1.1 Company overview
8.1.2 Business performance
8.1.3 Key strategic moves and development

8.2 The Boeing Company

8.2.1 Company overview
8.2.2 Business performance
8.2.3 Key strategic moves and development

8.3 Bombardier Inc.

8.3.1 Company overview
8.3.2 Business performance
8.3.3 Key strategic moves and development

8.4 Commercial Aircraft Corporation of China, Ltd.

8.4.1 Company overview
8.4.2 Key strategic moves and development

8.5 Embraer S.A.

8.5.1 Company overview
8.5.2 Business performance
8.5.3 Key strategic moves and development

8.6 Public Joint Stock Company United Aircraft Corporation

8.6.1 Company overview
8.6.2 Business performance
8.6.3 Key strategic moves and development

8.7 GE Aviation

8.7.1 Company overview
8.7.2 Business performance
8.7.3 Key strategic moves and development

8.8 United Technologies Corporation

8.8.1 Company overview
8.8.2 Business performance
8.8.3 Key strategic moves and development

8.9 Lockheed Martin Corporation

8.9.1 Company overview
8.9.2 Business performance
8.9.3 Key strategic moves and development

8.10 Leonardo-Finmeccanica S.p.a.

8.10.1 Company overview
8.10.2 Business performance
8.10.3 Key strategic moves and development

List of Figures

FIG. 1 TOP IMPACTING FACTORS
FIG. 2 TOP WINNING STRATEGIES, 2015
FIG. 3 TOP WINNING STRATEGIES, 20142016
FIG. 4 TOP INVESTMENT POCKETS
FIG. 5 VALUE CHAIN ANALYSIS OF COMMERCIAL AIRCRAFT MARKET
FIG. 6 PORTERS FIVE FORCES ANALYSIS OF WORLD COMMERCIAL AIRCRAFT MARKET
FIG. 7 MARKET SHARE ANALYSIS, 2015
FIG. 8 COMPARATIVE MARKET SHARE ANALYSIS OF WORLD COMMERCIAL AIRCRAFT MARKET, BY ENGINE TYPE, 2014 & 2022 (%)
FIG. 9 WORLD COMMERCIAL AIRCRAFT MARKET REVENUE BY TURBOFAN ENGINE, 2014-2022 ($MILLION)
FIG. 10 COMPARATIVE MARKET SHARE ANALYSIS OF WORLD COMMERCIAL AIRCRAFT MARKET BY TURBOFAN ENGINE, 2014 & 2022 (%)
FIG. 11 WORLD COMMERCIAL AIRCRAFT MARKET BY TURBOFAN ENGINE: MARKET SHARE ANALYSIS, BY GEOGRAPHY (%)
FIG. 12 WORLD COMMERCIAL AIRCRAFT MARKET REVENUE BY TURBOPROP ENGINE, 2014-2022 ($MILLION)
FIG. 13 COMPARATIVE MARKET SHARE ANALYSIS OF WORLD COMMERCIAL AIRCRAFT MARKET BY TURBOFAN ENGINE, 2014 & 2022 (%)
FIG. 14 WORLD COMMERCIAL AIRCRAFT MARKET BY TURBOFAN ENGINE: MARKET SHARE ANALYSIS, BY GEOGRAPHY (%)
FIG. 15 WORLD WIDE-BODY COMMERCIAL AIRCRAFT MARKET REVENUE, 2014-2022 ($MILLION)
FIG. 16 COMPARATIVE MARKET SHARE ANALYSIS OF WORLD WIDE-BODY COMMERCIAL AIRCRAFT MARKET, 2014 & 2022 (%)
FIG. 17 WORLD WIDE-BODY COMMERCIAL AIRCRAFT MARKET: MARKET SHARE ANALYSIS, BY GEOGRAPHY (%)
FIG. 18 WORLD NARROW-BODY COMMERCIAL AIRCRAFT MARKET REVENUE, 2014-2022 ($MILLION)
FIG. 19 COMPARATIVE MARKET SHARE ANALYSIS OF WORLD NARROW-BODY COMMERCIAL AIRCRAFT MARKET, 2014 & 2022 (%)
FIG. 20 WORLD NARROW-BODY COMMERCIAL AIRCRAFT MARKET: MARKET SHARE ANALYSIS, BY GEOGRAPHY (%)
FIG. 21 WORLD REGIONAL JETS COMMERCIAL AIRCRAFT MARKET REVENUE, 2014-2022 ($MILLION)
FIG. 22 COMPARATIVE MARKET SHARE ANALYSIS OF REGIONAL JETS COMMERCIAL AIRCRAFT MARKET, 2014 & 2022 (%)
FIG. 23 WORLD REGIONAL JETS COMMERCIAL AIRCRAFT MARKET: MARKET SHARE ANALYSIS, BY GEOGRAPHY (%)
FIG. 24 WORLD COMMERCIAL AIRCRAFT MARKET REVENUE: GOVERNMENT, 2014-2022 ($MILLION)
FIG. 25 COMPARATIVE MARKET SHARE ANALYSIS OF COMMERCIAL AIRCRAFT MARKET: GOVERNMENT, 2014 & 2022 (%)
FIG. 26 WORLD COMMERCIAL AIRCRAFT MARKET: MARKET SHARE ANALYSIS OF GOVERNMENT SECTOR, BY GEOGRAPHY (%)
FIG. 27 WORLD COMMERCIAL AIRCRAFT MARKET REVENUE: PRIVATE SECTOR, 2014-2022 ($MILLION)
FIG. 28 COMPARATIVE MARKET SHARE ANALYSIS OF COMMERCIAL AIRCRAFT MARKET: PRIVATE SECTOR, 2014 & 2022 (%)
FIG. 29 WORLD COMMERCIAL AIRCRAFT MARKET: MARKET SHARE ANALYSIS OF PRIVATE SECTOR, BY GEOGRAPHY (%)
FIG. 30 COMMERCIAL AIRCRAFT MARKET REVENUE: U.S. ($MILLION)
FIG. 31 COMMERCIAL AIRCRAFT MARKET REVENUE: CANADA ($MILLION)
FIG. 32 COMMERCIAL AIRCRAFT MARKET REVENUE: MEXICO ($MILLION)
FIG. 33 COMMERCIAL AIRCRAFT MARKET REVENUE: UK, ($MILLION)
FIG. 34 COMMERCIAL AIRCRAFT MARKET REVENUE: GERMANY, ($MILLION)
FIG. 35 COMMERCIAL AIRCRAFT MARKET REVENUE: FRANCE, ($MILLION)
FIG. 36 COMMERCIAL AIRCRAFT MARKET REVENUE: SPAIN, ($MILLION)
FIG. 37 COMMERCIAL AIRCRAFT MARKET REVENUE: ITALY, ($MILLION)
FIG. 38 COMMERCIAL AIRCRAFT MARKET REVENUE: REST OF EUROPE, ($MILLION)
FIG. 39 COMMERCIAL AIRCRAFT MARKET REVENUE: CHINA, ($MILLION)
FIG. 40 COMMERCIAL AIRCRAFT MARKET REVENUE: JAPAN, ($MILLION)
FIG. 41 COMMERCIAL AIRCRAFT MARKET REVENUE: INDIA, ($MILLION)
FIG. 42 COMMERCIAL AIRCRAFT MARKET REVENUE: REST OF APAC, ($MILLION)
FIG. 43 COMMERCIAL AIRCRAFT MARKET REVENUE: LATIN AMERICA, ($MILLION)
FIG. 44 COMMERCIAL AIRCRAFT MARKET REVENUE: MIDDLE EAST, ($MILLION)
FIG. 45 COMMERCIAL AIRCRAFT MARKET REVENUE: AFRICA, ($MILLION)
FIG. 46 AIRBUS GROUP SE: REVENUE, 20132015 ($MILLION)
FIG. 47 AIRBUS GROUP SE: REVENUE BY BUSINESS DIVISION, 20132015 ($MILLION)
FIG. 48 AIRBUS GROUP SE: REVENUE BY BUSINESS DIVISION, 2015 (%)
FIG. 49 AIRBUS GROUP SE: REVENUE BY GEOGRAPHY, 2015 (%)
FIG. 50 THE BOEING COMPANY: REVENUE, 20132015 ($MILLION)
FIG. 51 THE BOEING COMPANY: REVENUE BY BUSINESS SEGMENTS, 2015 (%)
FIG. 52 THE BOEING COMPANY: REVENUE BY SUB-SEGMENTS OF DEFENCE, SPACE, AND SECURITY SEGMENT, 2015 (%)
FIG. 53 THE BOEING COMPANY: REVENUE BY GEOGRAPHY, 2015 (%)
FIG. 54 BOMBARDIER INC.: REVENUE, 20132015 ($MILLION)
FIG. 55 BOMBARDIER INC.: REVENUE BY BUSINESS SEGMENTS, 2015 (%)
FIG. 56 BOMBARDIER INC.: REVENUE BY GEOGRAPHY, 2015 (%)
FIG. 57 EMBRAER S.A.: REVENUE, 20132015 ($MILLION)
FIG. 58 PUBLIC JOINT STOCK COMPANY UNITED AIRCRAFT CORPORATION: REVENUE, 20132015 ($MILLION)
FIG. 59 PUBLIC JOINT STOCK COMPANY UNITED AIRCRAFT CORPORATIO: REVENUEN BY BUSINESS SEGMENTS, 2015 (%)
FIG. 60 GE AVIATION: REVENUE, 20132015 ($MILLION)
FIG. 61 GE AVIATION: REVENUE BY BUSINESS SEGMENTS, 2015 (%)
FIG. 62 GE AVIATION: REVENUE BY GEOGRAPHY, 2015 (%)
FIG. 63 UNITED TECHNOLOGIES CORPORATION: REVENUE, 2013-2015 ($MILLION)
FIG. 64 UNITED TECHNOLOGIES CORPORATION: REVENUE BY BUSINESS DIVISIONS, 2015 (%)
FIG. 65 UNITED TECHNOLOGIES CORPORATION: REVENUE BY BUSINESS SEGMENTS, 2015 (%)
FIG. 66 UNITED TECHNOLOGIES CORPORATION: REVENUE BY GEOGRAPHY, 2015 (%)
FIG. 67 LOCKHEED MARTIN CORPORATION: REVENUE, 20132015 ($MILLION)
FIG. 68 LOCKHEED MARTIN CORPORATION: REVENUE BY BUSINESS SEGMENT, 2015 (%)
FIG. 69 LEONARDO-FINMECCANICA S.P.A.: REVENUE, 20132015 ($MILLION)
FIG. 70 LEONARDO-FINMECCANICA S.P.A.: REVENUE BY BUSINESS SEGMENT, 2015 (%)

List of Tables

TABLE 1 WORLD COMMERCIAL AIRCRAFT MARKET, BY ENGINE TYPE ($MILLION)
TABLE 2 WORLD COMMERCIAL AIRCRAFT MARKET BY TURBOFAN ENGINE, 2014-2022 ($MILLION)
TABLE 3 WORLD COMMERCIAL AIRCRAFT MARKET BY TURBOFAN ENGINE, 2014-2022 ($MILLION)
TABLE 4 WORLD COMMERCIAL AIRCRAFT MARKET, BY AIRCRAFT SIZE ($MILLION)
TABLE 5 WORLD WIDE-BODY COMMERCIAL AIRCRAFT MARKET, 2014-2022 ($MILLION)
TABLE 6 WORLD NARROW-BODY COMMERCIAL AIRCRAFT MARKET, 2014-2022 ($MILLION)
TABLE 7 WORLD REGIONAL JETS COMMERCIAL AIRCRAFT MARKET, 2014-2022 ($MILLION)
TABLE 8 WORLD COMMERCIAL AIRCRAFT MARKET BY USE CASE, 2014-2022 ($MILLION)
TABLE 9 WORLD COMMERCIAL AIRCRAFT MARKET: GOVERNMENT, 2014-2022 ($MILLION)
TABLE 10 WORLD COMMERCIAL AIRCRAFT MARKET: PRIVATE SECTOR, 2014-2022 ($MILLION)
TABLE 11 WORLD COMMERCIAL AIRCRAFT MARKET BY GEOGRAPHY, 2014-2022 ($MILLION)
TABLE 12 NORTH AMERICA COMMERCIAL AIRCRAFT MARKET BY ENGINE TYPE, 2014-2022 ($MILLION)
TABLE 13 NORTH AMERICA COMMERCIAL AIRCRAFT MARKET BY AIRCRAFT SIZE, 2014-2022 ($MILLION)
TABLE 14 NORTH AMERICA COMMERCIAL AIRCRAFT MARKET BY USE CASE, 2014-2022 ($MILLION)
TABLE 15 NORTH AMERICA COMMERCIAL AIRCRAFT MARKET BY COUNTRY, 2014-2022 ($MILLION)
TABLE 16 EUROPE COMMERCIAL AIRCRAFT MARKET BY ENGINE TYPE, 2014-2022 ($MILLION)
TABLE 17 EUROPE COMMERCIAL AIRCRAFT MARKET BY AIRCRAFT SIZE, 2014-2022 ($MILLION)
TABLE 18 EUROPE COMMERCIAL AIRCRAFT MARKET BY USE CASE, 2014-2022 ($MILLION)
TABLE 19 EUROPE COMMERCIAL AIRCRAFT MARKET, 2014-2022 ($MILLION)
TABLE 20 ASIA-PACIFIC COMMERCIAL AIRCRAFT MARKET BY ENGINE TYPE, 2014-2022 ($MILLION)
TABLE 21 ASIA-PACIFIC COMMERCIAL AIRCRAFT MARKET BY AIRCRAFT SIZE, 2014-2022 ($MILLION)
TABLE 22 ASIA-PACIFIC COMMERCIAL AIRCRAFT MARKET BY USE CASE, 2014-2022 ($MILLION)
TABLE 23 ASIA-PACIFIC COMMERCIAL AIRCRAFT MARKET, 2014-2022 ($MILLION)
TABLE 24 LAMEA COMMERCIAL AIRCRAFT MARKET BY ENGINE TYPE, 2014-2022 ($MILLION)
TABLE 25 LAMEA COMMERCIAL AIRCRAFT MARKET BY AIRCRAFT SIZE, 2014-2022 ($MILLION)
TABLE 26 LAMEA COMMERCIAL AIRCRAFT MARKET BY USE CASE, 2014-2022 ($MILLION)
TABLE 27 LAMEA COMMERCIAL AIRCRAFT MARKET BY COUNTRY, 2014-2022 ($MILLION)
TABLE 28 AIRBUS SASCOMPANY SNAPSHOT
TABLE 29 THE BOEING COMPANYCOMPANY SNAPSHOT
TABLE 30 BOMBARDIER INC.COMPANY SNAPSHOT
TABLE 31 COMMERCIAL AIRCRAFT CORPORATION OF CHINA, LTD.COMPANY SNAPSHOT
TABLE 32 EMBRAER S.A.COMPANY SNAPSHOT
TABLE 33 PUBLIC JOINT STOCK COMPANY UNITED AIRCRAFT CORPORATIONCOMPANY SNAPSHOT
TABLE 34 AIRBUS SASCOMPANY SNAPSHOT
TABLE 35 UNITED TECHNOLOGIES CORPORATIONCOMPANY SNAPSHOT
TABLE 36 LOCKHEED MARTIN CORPORATIONCOMPANY SNAPSHOT
TABLE 37 LEONARDO-FINMECCANICA S.P.A.COMPANY SNAPSHOT

 

Commercial aircraft transport passengers and cargo from one location to another. Fuselage, landing gear, wing, tail, and power plant are major components of an aircraft. Currently, the world commercial aircraft market is on the rise, having significant acceptance in most geographical regions. The market is expected to reach $209 billion by 2022 owing to technological advancement, falling fuel prices, increase in number of passengers, improvement in commercial aviation, and developing economies.

Currently, Asia-Pacific has the highest share in this market and is expected to grow at an even faster rate, owing to the heavy investments in aerospace industry, rising standards of living, and significant GDP growth in the region. Furthermore, key players in the market, especially in Asia-Pacific region are anticipated to invest in wide-body commercial aircraft due to expected growth in the number of fleet deliveries in near future.

Taking engine type into consideration, commercial aircraft with turbofan engines will probably be in high demand during the forecast period on account of their innovative designs that significantly reduce noise and CO2 emission. Also, governments will continue to dominate as the key contributor to the market revenue as compared to the private sector, owing to the significant investments on development and improvement of domestic as well as international air transport.

 

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