Product Code: r7024
“Aircraft Manufacturing Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on aircraft manufacturing market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for aircraft manufacturing? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The aircraft manufacturing market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
Scope
Markets Covered:
- 1) By Product: Gliders; Helicopters; Ultra-Light; Passenger; Unmanned Aerial Vehicles and Drones; Blimps (Airship)
- 2) By Aircraft Type: Freighter Aircraft; Passenger Aircraft
- 3) By Application: Military And Defense; Civil; Commercial (Freight); Other Applications
- Companies Mentioned: Airbus SE; The Boeing Company; Bombardier Inc.; Cessna Aircraft Company; The Commercial Aircraft Corporation of China Ltd.
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Executive Summary
Major companies in the the aircraft manufacturing market are: Airbus SE, The Boeing Company, Bombardier Inc., Cessna Aircraft Company, The Commercial Aircraft Corporation of China Ltd., Dassault Aviation SA, Gulfstream Aerospace Corporation, Hawker Beechcraft Corporation, Piaggio America Inc., Pilatus Aircraft Ltd., United Aircraft Corporation, Lockheed Martin Corporation, Leonardo S p A, Embraer S A, and Textron Inc.
The global aircraft manufacturing market is expected to grow from $409.17 billion in 2022 to $435.77 billion in 2023 at a compound annual growth rate (CAGR) of 6.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The aircraft manufacturing market is expected to reach $539.56 billion in 2027 at a CAGR of 5.5%.
The aircraft manufacturing market consists of sales of cargo plane, military plane, and jet aircraft. 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.
Aircraft manufacturing is the process of designing, developing, and producing aircraft, involving a range of activities from engineering and design to assembly and testing. An aircraft machine designed for air travel can transport people or cargo, such as airplanes, jets, helicopters, and other aerial vehicles.
North America was the largest region in the aircraft manufacturing market in 2022. Asia-pacific is expected to be the fastest-growing region in the forecast period. The regions covered in aircraft manufacturing report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The main aircraft manufacturing product types are gliders, helicopters, ultra-light, passenger, unmanned aerial vehicles and drones, and blimps (airship). Gliders are unpowered aircraft that are designed to fly without the use of an engine. The various aircraft types manufactured are freighter aircraft, and passenger aircraft that are used for various applications such as military and defense, civil, commercial (freight), and others.
The increasing air passenger traffic is expected to propel the growth of the aircraft manufacturing market going forward. Air passenger traffic is measured by the number of passengers carried by airlines or airports over a certain period. It is a key indicator of demand for air travel, influenced by economic conditions, consumer preferences, travel restrictions, and airline competition. The increasing demand for air travel and rising passenger traffic has created opportunities for the aircraft manufacturing industry to grow as airlines require more aircraft to expand their fleets and offer new routes and services, which drives demand for new aircraft orders. For instance, in December 2022, according to Eurostat's air transport statistics, a Luxembourg-based government agency, the number of passengers transported by air increased to 373 million in 2021, up from 216 million in 2020. Therefore, the rising air passenger traffic will drive the aircraft manufacturing market going forward.
Technological advancements are a key trend gaining popularity in aircraft manufacturing market. Major companies operating in aircraft manufacturing the market is focused on developing new technological solutions to strengthen its position. Aircraft paint plays a major role in aircraft manufacturing. For Instance, in November 2020, Lenovo Group Limited, a China-based consumer electronics company, unveiled its first self-developed industrial robot, the Morningstar industrial robot work for the manufacture of domestically made large aircraft. It is a uniquely designed robot with Lenovo's pioneering technologies hybrid lightweight virtualization engine and asymptotic model optimization which can accurately paint complex aircraft. It has 3D object recognition that guides the robot arm on the robot to perform tasks. With the autonomous mode, the robot can build maps intelligently, and move without human control.
In March 2022, Textron Inc., a US-based aircraft company, acquired Pipistrel for an undisclosed amount. Through this acquisition, Textron's aircraft portfolio expanded and took entry into the electric aviation market. The company can leverage the acquired company's innovative technology and expertise to develop and offer electric-powered aircraft. Pipisrel d.o.o. is a Slovania-based aircraft manufacturing company that offers gliders and light aircraft with electric and combustion engines.
The countries covered in the aircraft manufacturing market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The market value is defined as the revenues that enterprises gain from goods and/or services sold within the specified market and geography through sales, grants, or donations in terms of currency (in USD ($) unless otherwise specified).
The revenues for a specified geography are consumption values - that is, they are revenues generated by organizations in the specified geography within the specified market, irrespective of where they are produced. It does not include revenues from resales either further along the supply chain or as part of other products.
The aircraft manufacturing market research report is one of a series of new reports from The Business Research Company that provides aircraft manufacturing market statistics, including aircraft manufacturing industry global market size, regional shares, competitors with a aircraft manufacturing market share, detailed aircraft manufacturing market segments, market trends and opportunities, and any further data you may need to thrive in the aircraft manufacturing industry. This aircraft manufacturing 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.
Table of Contents
1. Executive Summary
2. Aircraft Manufacturing Market Characteristics
3. Aircraft Manufacturing Market Trends And Strategies
4. Aircraft Manufacturing Market - Macro Economic Scenario
- 4.1. COVID-19 Impact On Aircraft Manufacturing Market
- 4.2. Ukraine-Russia War Impact On Aircraft Manufacturing Market
- 4.3. Impact Of High Inflation On Aircraft Manufacturing Market
5. Aircraft Manufacturing Market Size And Growth
- 5.1. Global Aircraft Manufacturing Historic Market, 2017-2022, $ Billion
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints On The Market
- 5.2. Global Aircraft Manufacturing Forecast Market, 2022-2027F, 2032F, $ Billion
- 5.2.1. Drivers Of The Market
- 5.2.2. Restraints On the Market
6. Aircraft Manufacturing Market Segmentation
- 6.1. Global Aircraft Manufacturing Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Gliders
- Helicopters
- Ultra-Light
- Passenger
- Unmanned Aerial Vehicles and Drones
- Blimps (Airship)
- 6.2. Global Aircraft Manufacturing Market, Segmentation By Aircraft Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Freighter Aircraft
- Passenger Aircraft
- 6.3. Global Aircraft Manufacturing Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Military And Defense
- Civil
- Commercial (Freight)
- Other Applications
7. Aircraft Manufacturing Market Regional And Country Analysis
- 7.1. Global Aircraft Manufacturing Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 7.2. Global Aircraft Manufacturing Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8. Asia-Pacific Aircraft Manufacturing Market
- 8.1. Asia-Pacific Aircraft Manufacturing Market Overview
- Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
- 8.2. Asia-Pacific Aircraft Manufacturing Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 8.3. Asia-Pacific Aircraft Manufacturing Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
9. China Aircraft Manufacturing Market
- 9.1. China Aircraft Manufacturing Market Overview
- 9.2. China Aircraft Manufacturing Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
- 9.3. China Aircraft Manufacturing Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
10. India Aircraft Manufacturing Market
- 10.1. India Aircraft Manufacturing Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 10.2. India Aircraft Manufacturing Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11. Japan Aircraft Manufacturing Market
- 11.1. Japan Aircraft Manufacturing Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 11.2. Japan Aircraft Manufacturing Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12. Australia Aircraft Manufacturing Market
- 12.1. Australia Aircraft Manufacturing Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 12.2. Australia Aircraft Manufacturing Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13. Indonesia Aircraft Manufacturing Market
- 13.1. Indonesia Aircraft Manufacturing Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 13.2. Indonesia Aircraft Manufacturing Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14. South Korea Aircraft Manufacturing Market
- 14.1. South Korea Aircraft Manufacturing Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 14.2. South Korea Aircraft Manufacturing Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15. Western Europe Aircraft Manufacturing Market
- 15.1. Western Europe Aircraft Manufacturing Market Overview
- 15.2. Western Europe Aircraft Manufacturing Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 15.3. Western Europe Aircraft Manufacturing Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16. UK Aircraft Manufacturing Market
- 16.1. UK Aircraft Manufacturing Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 16.2. UK Aircraft Manufacturing Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17. Germany Aircraft Manufacturing Market
- 17.1. Germany Aircraft Manufacturing Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 17.2. Germany Aircraft Manufacturing Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18. France Aircraft Manufacturing Market
- 18.1. France Aircraft Manufacturing Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 18.2. France Aircraft Manufacturing Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19. Eastern Europe Aircraft Manufacturing Market
- 19.1. Eastern Europe Aircraft Manufacturing Market Overview
- 19.2. Eastern Europe Aircraft Manufacturing Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 19.3. Eastern Europe Aircraft Manufacturing Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20. Russia Aircraft Manufacturing Market
- 20.1. Russia Aircraft Manufacturing Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 20.2. Russia Aircraft Manufacturing Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21. North America Aircraft Manufacturing Market
- 21.1. North America Aircraft Manufacturing Market Overview
- 21.2. North America Aircraft Manufacturing Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 21.3. North America Aircraft Manufacturing Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22. USA Aircraft Manufacturing Market
- 22.1. USA Aircraft Manufacturing Market Overview
- 22.2. USA Aircraft Manufacturing Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 22.3. USA Aircraft Manufacturing Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23. South America Aircraft Manufacturing Market
- 23.1. South America Aircraft Manufacturing Market Overview
- 23.2. South America Aircraft Manufacturing Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 23.3. South America Aircraft Manufacturing Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24. Brazil Aircraft Manufacturing Market
- 24.1. Brazil Aircraft Manufacturing Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 24.2. Brazil Aircraft Manufacturing Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25. Middle East Aircraft Manufacturing Market
- 25.1. Middle East Aircraft Manufacturing Market Overview
- 25.2. Middle East Aircraft Manufacturing Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 25.3. Middle East Aircraft Manufacturing Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26. Africa Aircraft Manufacturing Market
- 26.1. Africa Aircraft Manufacturing Market Overview
- 26.2. Africa Aircraft Manufacturing Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 26.3. Africa Aircraft Manufacturing Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
27. Aircraft Manufacturing Market Competitive Landscape And Company Profiles
- 27.1. Aircraft Manufacturing Market Competitive Landscape
- 27.2. Aircraft Manufacturing Market Company Profiles
- 27.2.1. Airbus SE
- 27.2.1.1. Overview
- 27.2.1.2. Products and Services
- 27.2.1.3. Strategy
- 27.2.1.4. Financial Performance
- 27.2.2. The Boeing Company
- 27.2.2.1. Overview
- 27.2.2.2. Products and Services
- 27.2.2.3. Strategy
- 27.2.2.4. Financial Performance
- 27.2.3. Bombardier Inc.
- 27.2.3.1. Overview
- 27.2.3.2. Products and Services
- 27.2.3.3. Strategy
- 27.2.3.4. Financial Performance
- 27.2.4. Cessna Aircraft Company
- 27.2.4.1. Overview
- 27.2.4.2. Products and Services
- 27.2.4.3. Strategy
- 27.2.4.4. Financial Performance
- 27.2.5. The Commercial Aircraft Corporation of China Ltd.
- 27.2.5.1. Overview
- 27.2.5.2. Products and Services
- 27.2.5.3. Strategy
- 27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Aircraft Manufacturing Market
29. Aircraft Manufacturing Market Future Outlook and Potential Analysis
30. Appendix
- 30.1. Abbreviations
- 30.2. Currencies
- 30.3. Historic And Forecast Inflation Rates
- 30.4. Research Inquiries
- 30.5. The Business Research Company
- 30.6. Copyright And Disclaimer