Global Commercial Aviation Market

Global Commercial Aviation Market Overview     

• The Global Commercial Aviation Market Size was worth around USD 190.95 Billion in 2023 and is predicted to grow to around USD 325.15 Billion by 2033 with a compound annual growth rate (CAGR) of 5.47% between 2023 and 2033.
• The market for commercial aviation is driven by a number of factors, including the growing demand for air travel worldwide, economic growth, the middle class's expansion, the modernization of airline fleets, the rise of low-cost carriers, tourism, technical improvements, and the growing need for environmentally friendly, fuel-efficient aircraft.
• The worldwide passenger and cargo air transport sector, which includes airlines, aircraft manufacturers, maintenance, repair, and other associated businesses that promote international connectivity, commerce, and economic expansion, is included in the commercial aviation market.

Major vendors in the Global Commercial Aviation Market

Boeing, Airbus SE, Rolls-Royce plc, Raytheon Technologies, Bombardier Inc., Embraer S.A., Textron Aviation, Mitsubishi Aircraft Corporation, and Others. 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Decision Advisor has segmented the commercial aviation market based on the below-mentioned segments:

Global Commercial Aviation Market, By Aircraft Type

• Narrow-Body Aircraft
• Wide-Body Aircraft
• Regional Aircraft
• Others

Global Commercial Aviation Market, By Application

• Passenger Aircraft
• Cargo Aircraft

Global Commercial Aviation Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa