Aviation Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Commercial Aviation, By Military Aviation, By General Aviation, By Region & Competition, 2021-2031F

Description

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:

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
- 5.1.1. By Value
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
- 6.1.1. By Value
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
    - 6.3.1.1.1. By Value
  - 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
    - 6.3.2.1.1. By Value
  - 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
    - 6.3.3.1.1. By Value
  - 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
- 7.1.1. By Value
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
    - 7.3.1.1.1. By Value
  - 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
    - 7.3.2.1.1. By Value
  - 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
    - 7.3.3.1.1. By Value
  - 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
    - 7.3.4.1.1. By Value
  - 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
    - 7.3.5.1.1. By Value
  - 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
- 8.1.1. By Value
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
    - 8.3.1.1.1. By Value
  - 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
    - 8.3.2.1.1. By Value
  - 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
    - 8.3.3.1.1. By Value
  - 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
    - 8.3.4.1.1. By Value
  - 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
    - 8.3.5.1.1. By Value
  - 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
- 9.1.1. By Value
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
    - 9.3.1.1.1. By Value
  - 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
    - 9.3.2.1.1. By Value
  - 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
    - 9.3.3.1.1. By Value
  - 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
- 10.1.1. By Value
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
    - 10.3.1.1.1. By Value
  - 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
    - 10.3.2.1.1. By Value
  - 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
    - 10.3.3.1.1. By Value
  - 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.