Civil Aviation Market Size, Share, Trends, Growth and Forecast 2030

Civil Aviation Market

Civil Aviation Market By Application(Personal and Commercial), By Type(Business jet, Turboprops, Piston fixed-wing, Helicopters, and Others) And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030

Category: Heavy Industry Report Format : PDF Report Code: ZMR-6699 Status : Upcoming
Market Size in 2022 Market Forecast in 2030 CAGR (in %) Base Year
USD 842.71 Billion USD 1631.25 Billion 8.62% 2022

Description

Global Civil Aviation Market : Overview

The global Civil Aviation Market size was worth around USD 842.71 Billion in 2022 and is predicted to grow to around USD 1631.25 Billion by 2030 with a compound annual growth rate (CAGR) of roughly 8.62% between 2023 and 2030.

Civil Aviation Market SizeRequest Free Sample

The civil aviation sector deals with the aircraft and flights used for business and personal purposes like transporting passengers and goods instead of military activities. Civil aviation is a major segment representing non-military aviation. The advent of major aircraft OEMs like Boeing and Airbus is offering a positive outlook for the civil aviation sector.

Global Civil Aviation Industry: Growth Factors

The outbreak of the Covid-19 pandemic has drastically impacted the whole aviation sector. However, the civil aviation sector, in particular, has confronted significant losses due to the Covid-19 norms and travel restrictions all across the globe. But, the industry is expecting to witness a good recovery phase in the coming quarters. Many airline vendors and operators have to hold their operations and put their fleets on the ground. In fact, few grounded fleets of prominent airline vendors did not even return to operation.

For instance, American Airlines retired its many fleets, including A330-300, E190, 757, and 767, in May 2020, due to the drop in passenger traffic. However, to address such challenges and overcome the obstacles, the airline vendors are adopting several preventive measures like installing advanced efficiency particulate air (HEPA) filters along with regular sanitization of cabins to ensure safety, which in turn will also accentuate the growth of the global civil aviation industry market. Previously, airlines relied on the historical database to analyze future demand and take strategic decisions regarding the pricing of tickets and several others. But, in the wake of the coronavirus pandemic, airlines are advancing their data models to forecast the demand for specific routes.

Simultaneously, the airport authorities and operators are also implementing various solutions based on advanced technologies like the internet of things to offer contactless services to their customers. However, the prominent area where airlines are likely to fuel the implementation of these technologies includes contactless security, check-out & check-in services, thermal screening, baggage handling, in-flight entertainment, and several others. The business travel segment is considered the prominent source of income for the sector. The widening geographical outreach is steering the demand for business air travel. But, the frequency of business meetings is drastically reduced. However, domestic air operations are likely to recover in the near future due to the relaxation of the travel restrictions along domestic routes. Also, several initiatives are adopted by the government to boost economic growth; thereby, it is expected to pump up the growth rate of the global civil aviation industry market.

Global Civil Aviation Industry: Segmentation

The global civil aviation industry market can be segmented into application, type, and region.

By application, the market can be segmented into personal and commercial.

By type, the market can be segmented into a business jet, turboprops, piston fixed-wing, helicopters, and others. The business jet segment accounts for the largest share in the global market due to the growing globalization and business meeting travels.

Global Civil Aviation Industry: Regional Analysis

Asia Pacific accounts for the largest share in the global civil aviation industry market as growing economies in the region like India have emerged as a leading country in the civil aviation sector. However, the pandemic has drastically tolled the regional market, but passenger traffic is likely to witness a gradual recovery due to the ease of domestic travel restrictions. Also, the airline operators in the regions are effectively transforming their operational strategies to carry the uneven and fluctuating air travel demand.

However, the regional government is making several efforts to help the sector and offer speedy recovery by facilitating financial assistance essential for operations. Philippines, Malaysia, Indonesia, Japan, Sri Lanka, and India are some of the prominent countries in the region where the government is actively offering financial support and, in addition, also implementing supportive regulations to propel the sector. Also, China is planning for the indigenous development of commercial aircraft. Therefore, it is expected to develop wide and narrow-body commercial aircraft and others indigenously, which in turn will exponentially scale up the growth of the regional market.

However, Europe is likely to witness a significant growth rate in forthcoming years owing to the fact that Spain, France, Germany, and the UK are among the prominent aviation markets in the region. The demand for air travel is continuously surging due to the plummeting regulations and relaxing quarantine rules. Above all, the speedy economic recovery and effective vaccine campaigns are also encouraging regional market growth.

Civil Aviation Market: Report Scope

Report Attributes Report Details
Report Name Civil Aviation Market Size Report
Market Size in 2022 USD 842.71 Billion
Market Forecast in 2030 USD 1631.25 Billion
Growth Rate CAGR of 8.62%
Number of Pages 188
Forecast Units Value (USD Billion), and Volume (Units)
Key Companies Covered Southwest Airlines, Norwegian, AirAsia, Emirates, Qatar Airways, Delta Airlines, Air India, and American Airlines.
Segments Covered By Application, By Type, and By Region
Base Year 2022
Historical Year 2017 to 2021
Forecast Year 2023 - 2030
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Global Civil Aviation Industry: Competitive Players

  • Southwest Airlines 
  • Norwegian 
  • AirAsia 
  • Emirates 
  • Qatar Airways 
  • Delta Airlines 
  • Air India
  • American Airlines

By Type

  • Business jet 
  • Turboprops 
  • Piston fixed-wing 
  • Helicopters

By Application

  • Personal
  • Commercial

Global Civil Aviation Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Table Of Content

Choose License Type

  • zion payment modes

FrequentlyAsked Questions

The outbreak of the Covid-19 pandemic has drastically impacted the whole aviation sector. However, the civil aviation sector, in particular, has confronted significant losses due to the Covid-19 norms and travel restrictions all across the globe. But, the industry is expecting to witness a good recovery phase in the coming quarters.

Some of the significant players in the global COVID-19 impact on the civil aviation industry market are Southwest Airlines, Norwegian, AirAsia, Emirates, Qatar Airways, Delta Airlines, Air India, and American Airlines.

Asia Pacific accounts for the largest share in the global COVID-19 impact on the civil aviation industry market as growing economies in the region like India have emerged as a leading country in the civil aviation sector. However, the pandemic has drastically tolled the regional market, but passenger traffic is likely to witness a gradual recovery due to the ease of domestic travel restrictions.

 

HappyClients

Office Address

Contact Us

Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651

Asia Pacific Office

3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008

Contact #

US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com

We Are On Social

twitter

Industry Press Release

We Accept

We have secured system to process your transaction.

  • payment methods

Business Hours

Our support available to help you 24 hours a day, five days a week.

Monday - Friday: 9AM - 6PM

Saturday - Sunday: Closed