Commercial Aircraft Market Report 2025

The commercial aircraft market size has grown strongly in recent years. It will grow from $211.19 billion in 2024 to $222.06 billion in 2025 at a compound annual growth rate (CAGR) of 5.1%. The growth in the historic period can be attributed to growing air travel demand, economic conditions, airline profitability, geopolitical stability, environmental regulations.

The commercial aircraft market size is expected to see steady growth in the next few years. It will grow to $264.36 billion in 2029 at a compound annual growth rate (CAGR) of 4.5%. The growth in the forecast period can be attributed to increasing sustainable aviation, urban air mobility, increased connectivity, health and safety considerations, government investments. Major trends in the forecast period include technology integration, technological advancements, transition to more fuel-efficient engines, growing demand for narrow-body aircraft, adoption of advanced materials.

The widening legal authorization for the commercial use of drones is presenting an expanded revenue opportunity for aircraft manufacturers. Notably, the US Federal Aviation Authority has introduced regulations permitting the commercial use of drones under specific conditions, eliminating the need for a costly and time-consuming special waiver that previously constrained drone usage. The relaxation of regulations is anticipated to benefit the commercial drone market globally, with many countries following the FAA's lead. Simultaneously, the introduction of robust and efficient drones tailored for commercial applications, exemplified by Chinese company DJI's offerings, coupled with increased public sales, is expected to foster rapid growth within the commercial aircraft manufacturing market's drone segment.

The burgeoning demand for air travel is set to drive the growth of the commercial aircraft market. Air travel, involving the movement of passengers or cargo through the atmosphere, relies on commercial aircraft designed for efficient passenger transportation over considerable distances. The speed and effectiveness of commercial aircraft make them a favored mode of transportation for covering long distances in short time frames. Notably, in March 2023, US airlines witnessed a 30% YoY increase, transporting an additional 194 million passengers in 2022 compared to the previous year. The total number of passengers handled by US airlines reached 853 million in 2022, up from 658 million in 2021 and 388 million in 2020, indicating a significant surge in demand for air travel.

Aircraft manufacturers are increasingly integrating machine-learning techniques, including artificial intelligence (AI), to enhance aircraft safety, quality, and manufacturing efficiency. Machine learning algorithms gather data from various interfaces, facilitating effective decision-making through data analytics. Notable examples include GE Aviation's use of machine learning to identify engine faults, extending component life and reducing maintenance costs, and Boeing's successful implementation of machine-learning algorithms for aircraft design and factory automation.

Major companies in the commercial aircraft market are intensifying their focus on developing innovative aircraft, exemplified by home-built aircraft, aiming to reduce dependence on foreign sources and gain a competitive edge. Home-built aircraft, constructed domestically from scratch, plans, or assembly kits, represent an initiative to achieve greater self-sufficiency. For instance, in May 2023, China-based aerospace manufacturer Commercial Aviation Corp. of China (COMAC) unveiled the COMAC C919, a narrow-body airliner. Despite similarities in size and flight range with the Airbus A320 and Boeing 737, the C919 has garnered over 1,000 aircraft orders, signaling COMAC's ambitious efforts to challenge the Airbus-Boeing duopoly. The C919 stands as China's largest commercial airplane, marking a significant achievement for the company in the competitive aerospace market.

Major companies operating in the commercial aircraft market include Boeing, Airbus, Lockheed Martin, Northrop Grumman, Embraer, Bombardier, Textron Aviation, United Aircraft Corporation, Dassault Aviation, Leonardo S.p.A., Mitsubishi Heavy Industries, COMAC (Commercial Aircraft Corporation of China), Gulfstream Aerospace, Pilatus Aircraft, Cessna Aircraft Company, Sukhoi Civil Aircraft, ATR (Aerei da Trasporto Regionale), Antonov Company, AVIC (Aviation Industry Corporation of China), Kawasaki Heavy Industries, Hindustan Aeronautics Limited (HAL), Saab AB, De Havilland Aircraft of Canada, Viking Air, Embraer Commercial Aviation, Irkut Corporation, Boeing Defense Space & Security, Fokker Technologies, Israel Aerospace Industries, Korea Aerospace Industries.

North America was the largest region in the commercial aircraft market in 2024. North America is expected to be the fastest growing region in the forecast period. The regions covered in the commercial aircraft market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the commercial aircraft market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.

The commercial aircraft market consists of sales of commercial aircraft of various types such as piston aircraft, light jets, and heavy jets. The market includes MRO (maintenance, repair, and overhaul) services provided by manufacturers during the aircraft’s warranty period. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

Commercial aircraft refers to civilian and commercial planes utilized for various commercial purposes, including passenger and cargo transportation. The key components of commercial aircraft include the fuselage, wings, cockpit, engine, propeller, tail assembly, and landing gear.

The diverse types of commercial aircraft encompass passenger aircraft, commercial helicopters, commercial gliders and drones, aircraft turbines, aircraft engines, and rocket engines. A rocket engine is a vital part of a propulsion system that employs the combustion of reactive chemicals to provide the necessary energy for the rocket. Different types of engines used in commercial aircraft include Turbofan, Turboprop, and Turboshaft, with varying sizes such as wide-body, narrow-body, regional, and others. These aircraft can operate in both autonomous and manual modes and find applications in the government and private sectors.

The commercial aircraft market research report is one of a series of new reports that provides commercial aircraft market statistics, including commercial aircraft industry global market size, regional shares, competitors with a commercial aircraft market share, detailed commercial aircraft market segments, market trends and opportunities, and any further data you may need to thrive in the commercial aircraft industry. This commercial aircraft market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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