Commercial Aircraft Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Aircraft Type, By Engine Type, By Application, By End Use, By Region & Competition, 2021-2031F

Description

The Global Commercial Aircraft Market is projected to expand from USD 172.05 Billion in 2025 to USD 236.69 Billion by 2031, reflecting a compound annual growth rate of 5.46%. Commercial aircraft, defined as fixed-wing vehicles operated by airlines to transport paying passengers and cargo, are seeing market growth driven primarily by a resurgence in global air travel demand. Furthermore, airlines face an operational necessity to replace aging fleets with fuel-efficient alternatives to lower operating costs, while economic expansion in emerging regions increases disposable incomes and stimulates passenger traffic, necessitating fleet expansion for network carriers.

Market Overview
Forecast Period	2027-2031
Market Size 2025	USD 172.05 Billion
Market Size 2031	USD 236.69 Billion
CAGR 2026-2031	5.46%
Fastest Growing Segment	Narrow-Body Aircraft
Largest Market	Asia Pacific

However, the market encounters significant obstacles due to persistent supply chain disruptions that delay production schedules and impede the timely delivery of new units. These logistical bottlenecks prevent manufacturers from fully capitalizing on the robust recovery in air travel. According to the International Air Transport Association, total revenue passenger kilometers rose by 7.1 percent in October 2024 compared to the previous year. Despite this growth, the continuing disparity between rising service demand and constrained manufacturing output remains a critical barrier to broader industry expansion.

Market Driver

The surge in global air passenger traffic and travel demand acts as a primary catalyst for the Global Commercial Aircraft Market, pushing network carriers to increase fleet capacity to handle growing route density. As international borders fully reopen and consumer confidence is restored, airlines are prioritizing the acquisition of new assets to manage the substantial volume of leisure and business travelers. This mobility demand creates immense pressure on manufacturers to accelerate production rates for both single-aisle and wide-body airframes to avoid capacity shortages on high-traffic corridors. According to the International Air Transport Association's 'Global Outlook for Air Transport' from June 2024, passenger numbers are projected to reach 4.96 billion in 2024, surpassing pre-pandemic levels, prompting carriers to aggressively expand order books to secure delivery slots.

Simultaneously, the accelerated replacement of aging fleets with fuel-efficient aircraft stimulates continuous market activity as operators strive to lower variable costs and achieve sustainability benchmarks. Modernizing fleets allows airlines to retire fuel-intensive models, improving operating margins and ensuring compliance with stricter noise and emissions standards. Boeing's 'Commercial Market Outlook 2024-2043', released in July 2024, forecasts that nearly 44 percent of the 44,000 new airplanes required over the next two decades will be dedicated to replacing older jets. This renewal cycle ensures a steady stream of orders regardless of economic fluctuations, reflected by the International Air Transport Association's expectation that total airline industry revenues will reach a record USD 996 billion in 2024.

Market Challenge

Persistent supply chain disruptions constitute a major impediment to the growth of the Global Commercial Aircraft Market. These logistical bottlenecks, characterized by shortages in raw materials and critical components such as engines and semiconductors, severely restrict the manufacturing capabilities of original equipment manufacturers. Consequently, production lines are unable to scale up to meet the surging airline demand for new fleet additions. This inability to deliver new units compels airlines to extend the service life of aging, less efficient aircraft, which increases maintenance and fuel costs while simultaneously limiting the total seat capacity available to capture revenue from the global travel recovery.

The disparity between airline fleet requirements and actual manufacturing output is statistically significant. According to the International Air Transport Association, the aviation industry received delivery of only 1,254 commercial aircraft in 2024, a figure approximately 30 percent below the delivery volumes observed during pre-pandemic peaks. This shortfall prevents the market from realizing its full revenue potential, as the backlog of unfilled orders continues to accumulate without a corresponding increase in the transactional turnover of completed assets.

Market Trends

The market is undergoing a fundamental restructuring as airlines increasingly favor long-range narrow-body aircraft to optimize route networks for flexibility and economic efficiency. Carriers are deploying these versatile single-aisle airframes on long-haul routes previously dominated by wide-body jets, enabling direct point-to-point connections with reduced trip costs. This operational shift forces manufacturers to focus industrial resources on increasing throughput for popular narrow-body programs that offer extended range capabilities, effectively altering traditional fleet segmentation. According to Boeing's 'Commercial Market Outlook 2024-2043' from July 2024, single-aisle models are projected to comprise 76 percent of all new commercial airplane deliveries over the next two decades, underscoring the segment's growing dominance.

Concurrently, the aviation sector is aggressively scaling the production and utilization of Sustainable Aviation Fuels (SAF) to decouple growth from carbon emissions. This trend aims to transform the energy supply chain to ensure existing and future aircraft meet rigorous environmental mandates without requiring immediate changes to propulsion technology. Airlines are solidifying long-term offtake agreements with energy providers to stimulate infrastructure investment and secure necessary volumes for emissions reduction. According to a June 2024 press release by the International Air Transport Association regarding the 'Net Zero Carbon Emissions' roadmap, production of Sustainable Aviation Fuel is expected to triple in 2024 to reach 1.9 billion liters, demonstrating rapid industrial mobilization to support this transition.

Key Market Players

Airbus SE
The Boeing Company
Embraer S.A.
Commercial Aircraft Corporation of China
Bombardier Inc.
United Aircraft Corporation
Dassault Aviation
Hindustan Aeronautics Limited
Korea Aerospace Industries
Textron Aviation

Report Scope

In this report, the Global Commercial Aircraft Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Commercial Aircraft Market, By Aircraft Type

Narrow-Body Aircraft
Wide-body Aircraft
Regional Aircraft

Commercial Aircraft Market, By Engine Type

Turbofan
Turboprop

Commercial Aircraft Market, By Application

Passenger Aircraft
Freight Aircraft

Commercial Aircraft Market, By End Use

Government
Private

Commercial Aircraft 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 Commercial Aircraft Market.

Available Customizations:

Global Commercial Aircraft 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 Commercial Aircraft Market Outlook

5.1. Market Size & Forecast
- 5.1.1. By Value
5.2. Market Share & Forecast
- 5.2.1. By Aircraft Type (Narrow-Body Aircraft, Wide-body Aircraft, Regional Aircraft)
- 5.2.2. By Engine Type (Turbofan, Turboprop)
- 5.2.3. By Application (Passenger Aircraft, Freight Aircraft)
- 5.2.4. By End Use (Government, Private)
- 5.2.5. By Region
- 5.2.6. By Company (2025)
5.3. Market Map

6. North America Commercial Aircraft Market Outlook

6.1. Market Size & Forecast
- 6.1.1. By Value
6.2. Market Share & Forecast
- 6.2.1. By Aircraft Type
- 6.2.2. By Engine Type
- 6.2.3. By Application
- 6.2.4. By End Use
- 6.2.5. By Country
6.3. North America: Country Analysis
- 6.3.1. United States Commercial Aircraft 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 Aircraft Type
    - 6.3.1.2.2. By Engine Type
    - 6.3.1.2.3. By Application
    - 6.3.1.2.4. By End Use
- 6.3.2. Canada Commercial Aircraft 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 Aircraft Type
    - 6.3.2.2.2. By Engine Type
    - 6.3.2.2.3. By Application
    - 6.3.2.2.4. By End Use
- 6.3.3. Mexico Commercial Aircraft 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 Aircraft Type
    - 6.3.3.2.2. By Engine Type
    - 6.3.3.2.3. By Application
    - 6.3.3.2.4. By End Use

7. Europe Commercial Aircraft Market Outlook

7.1. Market Size & Forecast
- 7.1.1. By Value
7.2. Market Share & Forecast
- 7.2.1. By Aircraft Type
- 7.2.2. By Engine Type
- 7.2.3. By Application
- 7.2.4. By End Use
- 7.2.5. By Country
7.3. Europe: Country Analysis
- 7.3.1. Germany Commercial Aircraft 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 Aircraft Type
    - 7.3.1.2.2. By Engine Type
    - 7.3.1.2.3. By Application
    - 7.3.1.2.4. By End Use
- 7.3.2. France Commercial Aircraft 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 Aircraft Type
    - 7.3.2.2.2. By Engine Type
    - 7.3.2.2.3. By Application
    - 7.3.2.2.4. By End Use
- 7.3.3. United Kingdom Commercial Aircraft 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 Aircraft Type
    - 7.3.3.2.2. By Engine Type
    - 7.3.3.2.3. By Application
    - 7.3.3.2.4. By End Use
- 7.3.4. Italy Commercial Aircraft 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 Aircraft Type
    - 7.3.4.2.2. By Engine Type
    - 7.3.4.2.3. By Application
    - 7.3.4.2.4. By End Use
- 7.3.5. Spain Commercial Aircraft 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 Aircraft Type
    - 7.3.5.2.2. By Engine Type
    - 7.3.5.2.3. By Application
    - 7.3.5.2.4. By End Use

8. Asia Pacific Commercial Aircraft Market Outlook

8.1. Market Size & Forecast
- 8.1.1. By Value
8.2. Market Share & Forecast
- 8.2.1. By Aircraft Type
- 8.2.2. By Engine Type
- 8.2.3. By Application
- 8.2.4. By End Use
- 8.2.5. By Country
8.3. Asia Pacific: Country Analysis
- 8.3.1. China Commercial Aircraft 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 Aircraft Type
    - 8.3.1.2.2. By Engine Type
    - 8.3.1.2.3. By Application
    - 8.3.1.2.4. By End Use
- 8.3.2. India Commercial Aircraft 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 Aircraft Type
    - 8.3.2.2.2. By Engine Type
    - 8.3.2.2.3. By Application
    - 8.3.2.2.4. By End Use
- 8.3.3. Japan Commercial Aircraft 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 Aircraft Type
    - 8.3.3.2.2. By Engine Type
    - 8.3.3.2.3. By Application
    - 8.3.3.2.4. By End Use
- 8.3.4. South Korea Commercial Aircraft 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 Aircraft Type
    - 8.3.4.2.2. By Engine Type
    - 8.3.4.2.3. By Application
    - 8.3.4.2.4. By End Use
- 8.3.5. Australia Commercial Aircraft 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 Aircraft Type
    - 8.3.5.2.2. By Engine Type
    - 8.3.5.2.3. By Application
    - 8.3.5.2.4. By End Use

9. Middle East & Africa Commercial Aircraft Market Outlook

9.1. Market Size & Forecast
- 9.1.1. By Value
9.2. Market Share & Forecast
- 9.2.1. By Aircraft Type
- 9.2.2. By Engine Type
- 9.2.3. By Application
- 9.2.4. By End Use
- 9.2.5. By Country
9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia Commercial Aircraft 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 Aircraft Type
    - 9.3.1.2.2. By Engine Type
    - 9.3.1.2.3. By Application
    - 9.3.1.2.4. By End Use
- 9.3.2. UAE Commercial Aircraft 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 Aircraft Type
    - 9.3.2.2.2. By Engine Type
    - 9.3.2.2.3. By Application
    - 9.3.2.2.4. By End Use
- 9.3.3. South Africa Commercial Aircraft 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 Aircraft Type
    - 9.3.3.2.2. By Engine Type
    - 9.3.3.2.3. By Application
    - 9.3.3.2.4. By End Use

10. South America Commercial Aircraft Market Outlook

10.1. Market Size & Forecast
- 10.1.1. By Value
10.2. Market Share & Forecast
- 10.2.1. By Aircraft Type
- 10.2.2. By Engine Type
- 10.2.3. By Application
- 10.2.4. By End Use
- 10.2.5. By Country
10.3. South America: Country Analysis
- 10.3.1. Brazil Commercial Aircraft 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 Aircraft Type
    - 10.3.1.2.2. By Engine Type
    - 10.3.1.2.3. By Application
    - 10.3.1.2.4. By End Use
- 10.3.2. Colombia Commercial Aircraft 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 Aircraft Type
    - 10.3.2.2.2. By Engine Type
    - 10.3.2.2.3. By Application
    - 10.3.2.2.4. By End Use
- 10.3.3. Argentina Commercial Aircraft 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 Aircraft Type
    - 10.3.3.2.2. By Engine Type
    - 10.3.3.2.3. By Application
    - 10.3.3.2.4. By End Use

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 Commercial Aircraft 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. Airbus SE
- 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. The Boeing Company
15.3. Embraer S.A.
15.4. Commercial Aircraft Corporation of China
15.5. Bombardier Inc.
15.6. United Aircraft Corporation
15.7. Dassault Aviation
15.8. Hindustan Aeronautics Limited
15.9. Korea Aerospace Industries
15.10. Textron Aviation