Global Commercial Aircraft Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Aircraft Type;

Fixed-wing aircraft - Narrow-body, Wide-body, Regional, Freighter, and Rotorcraft.

By Engine Type;

Turbofan, Turboprop, and Turboshaft.

By Carrier Type;

Full Service Carriers, and Low-cost Carriers.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn257883927 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Commercial Aircraft Market (USD Million), 2021 - 2031

In the year 2024, the Global Commercial Aircraft Market was valued at USD 219,564.82 million. The size of this market is expected to increase to USD 266,623.84 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 2.8%.

The global commercial aircraft market stands as a dynamic and pivotal sector within the broader aerospace industry, embodying innovation, technological advancement, and international collaboration. In recent years, this market has experienced significant growth fueled by rising passenger demand, expansion of air travel networks, and advancements in aircraft design and efficiency. As the world becomes increasingly interconnected, airlines are under pressure to modernize their fleets, leading to a surge in demand for new-generation aircraft with enhanced fuel efficiency, reduced emissions, and improved passenger comfort.

The commercial aircraft market is the growing middle-class population in emerging economies, particularly in Asia-Pacific and Latin America. As disposable incomes rise, more individuals are opting for air travel, stimulating demand for both short-haul and long-haul flights. This trend has prompted airlines to invest in newer, more fuel-efficient aircraft to meet the growing demand while minimizing operational costs and environmental impact. Moreover, the emergence of low-cost carriers has further intensified competition in the market, prompting established airlines to explore innovative strategies to remain competitive and retain market share.

The commercial aircraft market also plays a vital role in facilitating cargo transportation, supporting global trade and logistics networks. Freight carriers rely on a diverse fleet of cargo aircraft to transport goods across continents efficiently. With the e-commerce sector experiencing exponential growth, driven by the increasing preference for online shopping, the demand for air freight services is expected to continue its upward trajectory. Consequently, manufacturers are focusing on developing freighter versions of commercial aircraft or dedicated cargo planes to cater to the evolving needs of the logistics industry, further driving growth in the global commercial aircraft market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Aircraft Type
    2. Market Snapshot, By Engine Type
    3. Market Snapshot, By Carrier Type
    4. Market Snapshot, By Region
  4. Global Commercial Aircraft Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological Advancements
        2. Growing passenger demand
        3. Expansion of airline fleets to meet increasing route demands
        4. Rising focus on fuel efficiency
      2. Restraints
        1. Geopolitical Tensions
        2. Volatility in fuel prices impacting operational costs
        3. Infrastructure constraints
        4. High initial investment
      3. Opportunities
        1. Sustainable Aviation Initiatives
        2. Increasing demand for regional connectivity
        3. Growing adoption of electric
        4. Development of unmanned aerial vehicles (UAVs)
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Commercial Aircraft Market, By Aircraft Type, 2021 - 2031 (USD Million)
      1. Fixed-wing aircraft
        1. Narrow-body
        2. Wide-body
        3. Regional
        4. Freighter
      2. Rotorcraft
    2. Global Commercial Aircraft Market, By Engine Type, 2021 - 2031 (USD Million)
      1. Turbofan
      2. Turboprop
      3. Turboshaft
    3. Global Commercial Aircraft Market, By Carrier Type, 2021 - 2031 (USD Million)
      1. Full-Service Carriers
      2. Low-cost Carriers
    4. Global Commercial Aircraft Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Bombardier
      2. Embraer SA
      3. The Boeing Company
      4. Airbus SE
      5. Commercial Aircraft Corporation of China Ltd
      6. United Aircraft Corporatio
      7. Lockheed Martin Corporation
      8. Leonardo SpA
      9. Textron Inc.
      10. Aviation Corporation of China
  7. Analyst Views
  8. Future Outlook of the Market