According to a recent report published by Allied Market Research, titled, โCommercial Aircraft Market by Size and Application: Global Opportunity Analysis and Industry Forecast, 2021โ2030,โ the global commercial aircraft market was valued at $128.21 billion in 2020, and is projected to reach $ 192.76 billion by 2030, registering a CAGR of 4.23%.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ : https://www.alliedmarketresearch.com/request-sample/1706
Depending on size, Narrow body segment accounted for the highest revenue in 2020, owing to high demand for narrow body commercial aircraft that are purchased by hundreds of airlines operating across the globe.
As per the application, passenger segment was the highest revenue contributor in 2020, owing to high demand for commercial aircraft for air travel by passengers globally.
๐๐๐๐๐-๐๐ ๐๐ฆ๐ฉ๐๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ :
The COVID-19 impact on the commercial aircraft market trends is unpredictable and is expected to remain in force for a few years.
The COVID-19 outbreak forced governments across the globe to implement stringent lockdown and ban import-export activities for most of 2020 & few months in 2021. This led to sudden fall in demand for air travel and thousands of planes were grounded across the globe.
Moreover, nationwide lockdown forced commercial aircraft manufacturing facilities to partially or completely shut their operations.
Adverse impacts of the COVID-19 pandemic have resulted in delayed activities and initiatives regarding development of commercial aircraft components across the globe.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ : https://www.alliedmarketresearch.com/commercial-aircraft-market/purchase-options
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By aircraft size, the freighter segment is expected to register a significant growth during the forecast period.
Depending on application, the cargo segment is anticipated to exhibit significant growth in future.
Region wise, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.
The key players that operate in the global commercial aircraft market include Airbus SE, Commercial Aircraft Corporation China Ltd., Dassault Aviation, EMBRAER, General Dynamics Corporation, General Electric, Lockheed Martin Corporation, Raytheon Technologies Corporation, Textron Inc., and the Boeing Company
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/1706
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