Global Commercial Aircraft Manufacturing - Market Research Report (2014-2029)

Flights grounded: Shifting downstream markets will likely hinder the industry

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

The Global Commercial Aircraft Manufacturing industry is responsible for manufacturing, rebuilding, and servicing aircraft for the commercial market. Included in commercial aircraft are planes, helicopters, aircraft engines and various aircraft components and subsystems for the commercial market. COVID-19 was the biggest roadblock for operators during the period, leading to a drop in sales, tough supply chain conditions, and a lack of demand. Still, a partial recovery was achieved during the years following due to economic upturn and global efforts to control the virus. As a result, the Global Commercial Aircraft Manufacturing industry's revenue is set to fall an annualized CAGR of 2.9% to $316.1 billion over the next five years, despite an estimated 3.5% increase in 2023, when profit is set to reach 5.5%.

The Global Commercial Aircraft Manufacturing industry produces complete civilian aircraft, including aerospace engines, propulsion units, auxiliary equipment and parts. Prototypes of aerospace products, aircraft conversions and complete aircraft or propulsion systems overhaul and rebuilding are also included. Military aircraft manufacturing and related services are not included in this industry.