Commercial Aircraft Market Update 2025 : Projected To Exhibit USD 192.76 Billion Revenue By 2030, Claims AMR

(MENAFN- EIN Presswire) The global commercial aircraft market size is projected to reach $192.76 billion by 2030, growing at a CAGR of 4.23% from 2021 to 2030.

Surge in demand for fuel-efficient aircraft, use of lightweight and rise in number of airline passenger have boosted the growth of the global commercial aircraft market.” - Allied Market ResearchWILMINGTON, DE, UNITED STATES, January 24, 2025 /EINPresswire / -- Allied Market Research recently published a report, titled, "Commercial Aircraft Market Size, Share, Competitive Landscape and Trend Analysis Report, by Size, by Application : Global Opportunity Analysis and Industry Forecast, 2020-2030 ". The global commercial aircraft market size was valued at $128.21 billion in 2020, and is projected to reach $192.76 billion by 2030, growing at a CAGR of 4.23% from 2021 to 2030.

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Drivers, restraints, and opportunities

Surge in demand for fuel-efficient aircraft , use of lightweight carbon composites for manufacturing aircraft, and rise in number of airline passenger have boosted the growth of the global commercial aircraft market. However, surge in terrorism, congestion and delay in air traffic, and dearth of security hinder the market growth. On the contrary, rapid adoption of innovative technologies and increased demand for air travel across the globe would unlock lucrative opportunities in the future.

The cargo segment to register the highest CAGR through 2030

By application, the cargo segment is anticipated to register the highest CAGR of 5.5% from 2021 to 2030, due to rise in adoption of commercial aircraft for transporting tons of e-commerce items. However, the passenger segment held the lion's share in 2020, contributing to nearly 90% of the global commercial aircraft industry, due to high demand for commercial aircraft for air travel by passengers.

Asia-Pacific, followed by North America, held the lion's share

By region, the global commercial aircraft market across Asia-Pacific held the largest share in 2020, accounting for nearly one-third of the market. In addition, the region is anticipated to register the highest CAGR of 5.2% during the forecast period, due to rise in air passenger traffic across Asian nations. The market across North America is expected to register a CAGR of 3.2% during the forecast period.

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Key Points Covered by the Report:
What are the fundamental skills, core competencies, and key players in the industry we are examining?
What are the opportunities for marketing strategies that are developing at a usual rate?
What are the main competitive factors influencing the industry?
What marketing tactics are suitable for a particular service or product?
What geographical areas are covered by the commercial aircraft market report?
What share of this market would each of the following regions hold during the forecast period: Asia-Pacific, Europe, North America, and LAMEA?

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Leading Market Players :
Lockheed Martin Corporation
Textron Inc.
Raytheon Technologies Corporation
Airbus Group
The Boeing Company
Dassault Aviation
Commercial Aircraft Corporation of China, Ltd
General Dynamics Corporation
Embraer S.A.
General Electric

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David Correa
Allied Market Research
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