World Commercial Aircraft Market 2022 : Industry Size, Share, Segmentation, Application Analysis and Market Forecast – Acute Market Reports
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.
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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.
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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.
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
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 End User
- North America
- Rest of Europe
- Rest of Asia-Pacific
- Latin America
- Middle East
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
3.3.2 Parts and components manufacturing
3.3.3 System integration
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