Product Code: 16826
The Global Aviation Market will grow from USD 374.19 Billion in 2025 to USD 449.65 Billion by 2031 at a 3.11% CAGR. The global aviation market comprises the design, manufacturing, operation, and maintenance of aircraft for commercial, cargo, and military purposes.
| Market Overview |
| Forecast Period | 2027-2031 |
| Market Size 2025 | USD 374.19 Billion |
| Market Size 2031 | USD 449.65 Billion |
| CAGR 2026-2031 | 3.11% |
| Fastest Growing Segment | Passenger Aircraft |
| Largest Market | North America |
Key Market Drivers
The surge in global tourism and international travel serves as a primary engine for current market expansion. As pandemic-related restrictions have fully dissolved and consumer confidence has stabilized, airlines are witnessing a robust recovery in passenger traffic that directly translates into higher load factors and aggressive route network restoration. This resurgence is not merely a rebound but a sustained growth trajectory driven by pent-up demand for leisure and business connectivity, which compels carriers to intensify operational schedules and utilize aircraft assets more heavily.
Key Market Challenges
Supply chain volatility currently serves as a significant restraint on the Global Aviation Market. This challenge primarily manifests through persistent shortages of essential components and widespread labor constraints within the manufacturing sector. Consequently, original equipment manufacturers are frequently unable to adhere to established production schedules, resulting in substantial delays for aircraft deliveries. These logistical bottlenecks directly impede the ability of airline operators to expand their fleets effectively and limit their capacity to capitalize on the resurgence of passenger demand.
Key Market Trends
Accelerated Adoption of Sustainable Aviation Fuels (SAF) is fundamentally altering the sector's energy landscape. Unlike fleet modernization which improves airframe efficiency, this trend targets propulsion carbon intensity through renewable hydrocarbon production. The market is shifting toward commercial-scale manufacturing, driven by decarbonization mandates and incentives to bridge the price gap with conventional kerosene.
Key Market Players
- The Boeing Company
- Airbus SE
- Embraer SA
- Textron Inc.
- Lockheed Martin Corporation
- Bombardier Inc.
- PILATUS AIRCRAFT LTD
- Leonardo SpA
- Honda Aircraft Company
- Piper Aircraft Inc.
Report Scope:
In this report, the Global Aviation Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Aviation Market, By Commercial Aviation:
- Passenger Aircraft
- Freighter
Aviation Market, By Military Aviation:
- Combat Aircraft
- Non-combat Aircraft
Aviation Market, By General Aviation:
- Helicopter
- Piston Fixed-wing Aircraft
- Turboprop Aircraft
- Business Jet
Aviation Market, By Region:
- North America
- United States
- Canada
- Mexico
- Europe
- France
- United Kingdom
- Italy
- Germany
- Spain
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- South America
- Brazil
- Argentina
- Colombia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Global Aviation Market.
Available Customizations:
Global Aviation Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
Table of Contents
1. Product Overview
- 1.1. Market Definition
- 1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations
2. Research Methodology
- 2.1. Objective of the Study
- 2.2. Baseline Methodology
- 2.3. Key Industry Partners
- 2.4. Major Association and Secondary Sources
- 2.5. Forecasting Methodology
- 2.6. Data Triangulation & Validation
- 2.7. Assumptions and Limitations
3. Executive Summary
- 3.1. Overview of the Market
- 3.2. Overview of Key Market Segmentations
- 3.3. Overview of Key Market Players
- 3.4. Overview of Key Regions/Countries
- 3.5. Overview of Market Drivers, Challenges, Trends
4. Voice of Customer
5. Global Aviation Market Outlook
- 5.1. Market Size & Forecast
- 5.2. Market Share & Forecast
- 5.2.1. By Commercial Aviation (Passenger Aircraft, Freighter)
- 5.2.2. By Military Aviation (Combat Aircraft, Non-combat Aircraft)
- 5.2.3. By General Aviation (Helicopter, Piston Fixed-wing Aircraft, Turboprop Aircraft, Business Jet)
- 5.2.4. By Region
- 5.2.5. By Company (2025)
- 5.3. Market Map
6. North America Aviation Market Outlook
- 6.1. Market Size & Forecast
- 6.2. Market Share & Forecast
- 6.2.1. By Commercial Aviation
- 6.2.2. By Military Aviation
- 6.2.3. By General Aviation
- 6.2.4. By Country
- 6.3. North America: Country Analysis
- 6.3.1. United States Aviation Market Outlook
- 6.3.1.1. Market Size & Forecast
- 6.3.1.2. Market Share & Forecast
- 6.3.1.2.1. By Commercial Aviation
- 6.3.1.2.2. By Military Aviation
- 6.3.1.2.3. By General Aviation
- 6.3.2. Canada Aviation Market Outlook
- 6.3.2.1. Market Size & Forecast
- 6.3.2.2. Market Share & Forecast
- 6.3.2.2.1. By Commercial Aviation
- 6.3.2.2.2. By Military Aviation
- 6.3.2.2.3. By General Aviation
- 6.3.3. Mexico Aviation Market Outlook
- 6.3.3.1. Market Size & Forecast
- 6.3.3.2. Market Share & Forecast
- 6.3.3.2.1. By Commercial Aviation
- 6.3.3.2.2. By Military Aviation
- 6.3.3.2.3. By General Aviation
7. Europe Aviation Market Outlook
- 7.1. Market Size & Forecast
- 7.2. Market Share & Forecast
- 7.2.1. By Commercial Aviation
- 7.2.2. By Military Aviation
- 7.2.3. By General Aviation
- 7.2.4. By Country
- 7.3. Europe: Country Analysis
- 7.3.1. Germany Aviation Market Outlook
- 7.3.1.1. Market Size & Forecast
- 7.3.1.2. Market Share & Forecast
- 7.3.1.2.1. By Commercial Aviation
- 7.3.1.2.2. By Military Aviation
- 7.3.1.2.3. By General Aviation
- 7.3.2. France Aviation Market Outlook
- 7.3.2.1. Market Size & Forecast
- 7.3.2.2. Market Share & Forecast
- 7.3.2.2.1. By Commercial Aviation
- 7.3.2.2.2. By Military Aviation
- 7.3.2.2.3. By General Aviation
- 7.3.3. United Kingdom Aviation Market Outlook
- 7.3.3.1. Market Size & Forecast
- 7.3.3.2. Market Share & Forecast
- 7.3.3.2.1. By Commercial Aviation
- 7.3.3.2.2. By Military Aviation
- 7.3.3.2.3. By General Aviation
- 7.3.4. Italy Aviation Market Outlook
- 7.3.4.1. Market Size & Forecast
- 7.3.4.2. Market Share & Forecast
- 7.3.4.2.1. By Commercial Aviation
- 7.3.4.2.2. By Military Aviation
- 7.3.4.2.3. By General Aviation
- 7.3.5. Spain Aviation Market Outlook
- 7.3.5.1. Market Size & Forecast
- 7.3.5.2. Market Share & Forecast
- 7.3.5.2.1. By Commercial Aviation
- 7.3.5.2.2. By Military Aviation
- 7.3.5.2.3. By General Aviation
8. Asia Pacific Aviation Market Outlook
- 8.1. Market Size & Forecast
- 8.2. Market Share & Forecast
- 8.2.1. By Commercial Aviation
- 8.2.2. By Military Aviation
- 8.2.3. By General Aviation
- 8.2.4. By Country
- 8.3. Asia Pacific: Country Analysis
- 8.3.1. China Aviation Market Outlook
- 8.3.1.1. Market Size & Forecast
- 8.3.1.2. Market Share & Forecast
- 8.3.1.2.1. By Commercial Aviation
- 8.3.1.2.2. By Military Aviation
- 8.3.1.2.3. By General Aviation
- 8.3.2. India Aviation Market Outlook
- 8.3.2.1. Market Size & Forecast
- 8.3.2.2. Market Share & Forecast
- 8.3.2.2.1. By Commercial Aviation
- 8.3.2.2.2. By Military Aviation
- 8.3.2.2.3. By General Aviation
- 8.3.3. Japan Aviation Market Outlook
- 8.3.3.1. Market Size & Forecast
- 8.3.3.2. Market Share & Forecast
- 8.3.3.2.1. By Commercial Aviation
- 8.3.3.2.2. By Military Aviation
- 8.3.3.2.3. By General Aviation
- 8.3.4. South Korea Aviation Market Outlook
- 8.3.4.1. Market Size & Forecast
- 8.3.4.2. Market Share & Forecast
- 8.3.4.2.1. By Commercial Aviation
- 8.3.4.2.2. By Military Aviation
- 8.3.4.2.3. By General Aviation
- 8.3.5. Australia Aviation Market Outlook
- 8.3.5.1. Market Size & Forecast
- 8.3.5.2. Market Share & Forecast
- 8.3.5.2.1. By Commercial Aviation
- 8.3.5.2.2. By Military Aviation
- 8.3.5.2.3. By General Aviation
9. Middle East & Africa Aviation Market Outlook
- 9.1. Market Size & Forecast
- 9.2. Market Share & Forecast
- 9.2.1. By Commercial Aviation
- 9.2.2. By Military Aviation
- 9.2.3. By General Aviation
- 9.2.4. By Country
- 9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia Aviation Market Outlook
- 9.3.1.1. Market Size & Forecast
- 9.3.1.2. Market Share & Forecast
- 9.3.1.2.1. By Commercial Aviation
- 9.3.1.2.2. By Military Aviation
- 9.3.1.2.3. By General Aviation
- 9.3.2. UAE Aviation Market Outlook
- 9.3.2.1. Market Size & Forecast
- 9.3.2.2. Market Share & Forecast
- 9.3.2.2.1. By Commercial Aviation
- 9.3.2.2.2. By Military Aviation
- 9.3.2.2.3. By General Aviation
- 9.3.3. South Africa Aviation Market Outlook
- 9.3.3.1. Market Size & Forecast
- 9.3.3.2. Market Share & Forecast
- 9.3.3.2.1. By Commercial Aviation
- 9.3.3.2.2. By Military Aviation
- 9.3.3.2.3. By General Aviation
10. South America Aviation Market Outlook
- 10.1. Market Size & Forecast
- 10.2. Market Share & Forecast
- 10.2.1. By Commercial Aviation
- 10.2.2. By Military Aviation
- 10.2.3. By General Aviation
- 10.2.4. By Country
- 10.3. South America: Country Analysis
- 10.3.1. Brazil Aviation Market Outlook
- 10.3.1.1. Market Size & Forecast
- 10.3.1.2. Market Share & Forecast
- 10.3.1.2.1. By Commercial Aviation
- 10.3.1.2.2. By Military Aviation
- 10.3.1.2.3. By General Aviation
- 10.3.2. Colombia Aviation Market Outlook
- 10.3.2.1. Market Size & Forecast
- 10.3.2.2. Market Share & Forecast
- 10.3.2.2.1. By Commercial Aviation
- 10.3.2.2.2. By Military Aviation
- 10.3.2.2.3. By General Aviation
- 10.3.3. Argentina Aviation Market Outlook
- 10.3.3.1. Market Size & Forecast
- 10.3.3.2. Market Share & Forecast
- 10.3.3.2.1. By Commercial Aviation
- 10.3.3.2.2. By Military Aviation
- 10.3.3.2.3. By General Aviation
11. Market Dynamics
- 11.1. Drivers
- 11.2. Challenges
12. Market Trends & Developments
- 12.1. Merger & Acquisition (If Any)
- 12.2. Product Launches (If Any)
- 12.3. Recent Developments
13. Global Aviation Market: SWOT Analysis
14. Porter's Five Forces Analysis
- 14.1. Competition in the Industry
- 14.2. Potential of New Entrants
- 14.3. Power of Suppliers
- 14.4. Power of Customers
- 14.5. Threat of Substitute Products
15. Competitive Landscape
- 15.1. The Boeing Company
- 15.1.1. Business Overview
- 15.1.2. Products & Services
- 15.1.3. Recent Developments
- 15.1.4. Key Personnel
- 15.1.5. SWOT Analysis
- 15.2. Airbus SE
- 15.3. Embraer SA
- 15.4. Textron Inc.
- 15.5. Lockheed Martin Corporation
- 15.6. Bombardier Inc.
- 15.7. PILATUS AIRCRAFT LTD
- 15.8. Leonardo SpA
- 15.9. Honda Aircraft Company
- 15.10. Piper Aircraft Inc.
16. Strategic Recommendations
17. About Us & Disclaimer