Published on: March 23, 2020
The global aircraft market encompasses both the commercial and defense sectors, driven by factors such as rising air passenger traffic, air cargo demand, and fleet expansion plans. It plays a crucial role in global transportation and contributes significantly to economic growth. Types of aircraft include narrowbody, widebody, and regional, and can be divided into passenger, cargo, and military operations.
One trend in the aircraft market is the growing demand for fuel-efficient aircraft, particularly in the commercial aviation sector. There is also a trend towards the expansion of global transportation networks and the development of new cargo routes to meet growing cargo demand.
Key drivers of the aircraft market include rising air passenger traffic, increasing air freight traffic, and fleet expansion plans by airline companies. The demand for new aircraft deliveries, particularly in the commercial aviation sector, also impacts market growth.
Challenges facing the aircraft market include fuel price volatility, economic instability, and travel restrictions due to factors such as geopolitical tensions or health crises. Additionally, currency depreciation and inflation can impact airline cash flows and aircraft orders.
Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market. North America is a leading region for the global aircraft market, due in part to the presence of several prominent aircraft manufacturers such as well as the robust aviation base in countries such as the US. The aircraft market in this region is mature as many of the carriers in this region have sufficient flights, but this also means that there is a need for replacement aircraft as carrier fleets age.
Technavio's aircraft industry reports monitor the leading players in the global market along with their current and forecasted market share. Our analysis covers regional and global companies. Some of the top companies covered in our aircraft market reports include:
In order to provide you with a comprehensive view of the aircraft industry, our experts analyze the market from many different perspectives. Our reports help identify opportunities, risks, key competitors, and more, helping you make timely, informed decisions to optimize your position in the market.
Technavio reports insights include:
Develop a deeper understanding of the aircraft market with Technavio’s comprehensive market research reports. We provide the latest information on key industry dynamics, including global and regional market forecasts, internal and external pressure points, the vendor landscape, and more.
Our in-depth knowledge of the aircraft market is built on decades of experience and a global network of industry experts. We know the importance of having a strong foundation on which to base important decisions, and with over 500 analysts located around the world, we deliver actionable insights for every segment of the market.
Technavio’s market research reports provide an analysis of current trends and how they are affecting the market. We also identify market drivers and challenges to help you discover opportunities and avoid pitfalls.
Every Technavio report includes detailed segmentation insights, breaking down the market in terms of product type, geography, sales channels, and more. And if you’re looking for something a little more specific, our Custom Research Solutions can tailor any report to meet your unique needs.
We provide detailed profiles on the biggest competitors in the market, including data such as business divisions, product offerings, and news. Our reports also include an overview of the competitive landscape as a whole, including the risks and opportunities that it presents.
LinkedIn
Facebook 
Twitter
Email
Reddit
Tumblr
Quora
Pinterest
WhatsApp