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Global Aviation Market - Growth, Trends and Forecast (2022 - 2030)
SKU ID : INH-13103995 | Publishing Date : 18-Apr-2018 | No. of pages : 120
The Aviation Market can be classified under two categories; Civil Aviation (which includes General Aviation and Scheduled air transport), and military aviation. Growth rates of scheduled air transport and military aviation market will set the trend for the overall rate of growth for global aviation. Intra-Regional routes are expected to remain the core of the commercial aircraft market, as it accounts for around 80% of global traffic. General Aviation Market with annual sales of just over $25 billion stands at a distant third, within the global aviation market.
Commercial Aircraft Sector
It is observed that decisions of airline fleet are evolving from capacity-driven to profit-driven. Declining yields is driving this trend. Airlines will observe capacity discipline to achieve higher profits per passenger. There is a broad consensus about the long-term oil price outlook. Current forecasts by the US Energy Information Agency (EIA), OPEC and the World Bank indicate that the price of oil could bounce back to USD 80 from USD 100 per barrel. Higher oil prices influence airline decisions to replace or retire less efficient aircraft types. As oil price volatility surges, the demand for more fuel-efficient and segment optimized aircraft is likely to increase.
Military Turbine Fixed Wing Market
The Military Turbine Fixed Wing Market is showing tremendous growth due to massive spending in emerging economies, like India, China, and Russia. India recently placed an order for 6 Lockheed Martin Super Hercules Aircraft and the Boeing P8i Orion Maritime Surveillance aircraft, reaffirming the potential of the growth prospect for military aviation.
Key Developments in the Market
• February 2018: Boeing Debuted First 737 MAX 7
• February 2018: Airbus opened commercial drone services in Asia-Pacific
• January 2018: Boeing HorizonX invested in advanced battery technology startup Cuberg
Major players: BOMBARDIER INC., EMBRAER, BOEING, AIRBUS, CESSNA, LOCKHEED MARTIN, BEECHCRAFT, PILATUS, BELL AVIATION amongst others.
Reasons to Purchase this Report
• The report analyses how the changing oil prices and increasing climate change concerns will impact global aviation market
• Analyzing various perspectives of the market with the help of Porter’s five forces analysis
• The regions that are expected to witness fastest growth during the forecast period
• 3-month analyst support, along with the Market Estimate sheet in excel
Customization of the Report
This report can be customized to meet your requirements. Please connect with our analyst, who will ensure you get a report that suits your needs
Commercial Aircraft Sector
It is observed that decisions of airline fleet are evolving from capacity-driven to profit-driven. Declining yields is driving this trend. Airlines will observe capacity discipline to achieve higher profits per passenger. There is a broad consensus about the long-term oil price outlook. Current forecasts by the US Energy Information Agency (EIA), OPEC and the World Bank indicate that the price of oil could bounce back to USD 80 from USD 100 per barrel. Higher oil prices influence airline decisions to replace or retire less efficient aircraft types. As oil price volatility surges, the demand for more fuel-efficient and segment optimized aircraft is likely to increase.
Military Turbine Fixed Wing Market
The Military Turbine Fixed Wing Market is showing tremendous growth due to massive spending in emerging economies, like India, China, and Russia. India recently placed an order for 6 Lockheed Martin Super Hercules Aircraft and the Boeing P8i Orion Maritime Surveillance aircraft, reaffirming the potential of the growth prospect for military aviation.
Key Developments in the Market
• February 2018: Boeing Debuted First 737 MAX 7
• February 2018: Airbus opened commercial drone services in Asia-Pacific
• January 2018: Boeing HorizonX invested in advanced battery technology startup Cuberg
Major players: BOMBARDIER INC., EMBRAER, BOEING, AIRBUS, CESSNA, LOCKHEED MARTIN, BEECHCRAFT, PILATUS, BELL AVIATION amongst others.
Reasons to Purchase this Report
• The report analyses how the changing oil prices and increasing climate change concerns will impact global aviation market
• Analyzing various perspectives of the market with the help of Porter’s five forces analysis
• The regions that are expected to witness fastest growth during the forecast period
• 3-month analyst support, along with the Market Estimate sheet in excel
Customization of the Report
This report can be customized to meet your requirements. Please connect with our analyst, who will ensure you get a report that suits your needs
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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