Global Commercial Aircraft Market

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Global Commercial Aircraft Market 2017 2025

• Published by Accurize Market Research Pvt. Ltd.

2
Global Commercial Aircraft Market is Estimated to
Reach 346 Billion by 2024, Says Accurize Market
Research

• Global Commercial Aircraft Market report
  published by Accurize Market Research forecast
  that the global market is expected to reach 346
  billion by 2024 growing at a CAGR of 4.3 from
  2017 to 2025. By geography, the Asia Pacific and
  North America are expected to grow at a CAGR of
  XX and XX, respectively, during the forecast
  period.
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  ercial-aircraft-market/sample-request

3
Global Commercial Aircraft Market is Estimated to
Reach 346 Billion by 2024, Says Accurize Market
Research

• The increasing number of air passengers to drive
  the global market
• Improving commercial aviation network, rising
  number of air travelers, growing tourism and
  improving economic conditions are the major
  factors driving the growth of the global
  commercial aircraft market. Additionally, the
  increasing demand for environmentally friendly
  and fuel-efficient aircraft has also supported
  the market growth. However, the major challenges
  such as lack of security and delay in timings may
  hamper market growth. Moreover, developing
  economies are likely to open new avenues for the
  market in the given forecast period.

4
Market Segmentation

• Jet engine, components, aircraft type, and
  geography are the major segmentation of the
  global commercial aircraft market. The jet engine
  segment comprises turbofan turboprop. The
  components segment is further bifurcated into
  engine, airframes, systems, avionics, interior,
  and landing gear. On the basis of aircraft type,
  the segment includes large widebody, medium
  widebody, small widebody, narrow-body, regional
  jets, and business jets.
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5
Market Segmentation

• North America, Europe, Asia-Pacific and Rest of
  the world (RoW) are the geographical segments of
  the market.
• North America is further bifurcated into
  countries namely U.S., Canada, and Mexico.
  Europe covers countries like Russia, the U.K.,
  Germany, France, Italy and the Rest of Europe.
• Asia-Pacific covers China, India, Japan, South
  Korea and Rest of Asia Pacific. The rest of the
  World (RoW) covers South America, the Middle
  East, and Africa.

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Market Segmentation

• "Turbofan accounted for the largest market share
  in the type segment", says Accurize
• Turbofan dominated the jet engine segment with
  the highest market share in 2016 accounting for
  about three fourth of the total market share and
  is expected to continue its dominance during the
  forecast period owing to its eco-friendly and
  low-noise design.
• Airframe held for the largest market share in
  2016, in the component segment, accounting for
  about one-third of the total market share, and is
  likely to continue its trend during the forecast
  period.
• Regional jets occupied for the major market share
  accounting for about one-fourth of the total
  market share in 2016.

7
Market Segmentation

• "Asia-Pacific dominated the global market with
  the highest market share over the forecast
  period", says Accurize
• Asia-Pacific is the highest revenue-generating
  region accounting for 37.1 of the total market
  share. The high growth is credited to an increase
  in the number of air passengers, significant
  growth in the GDP of prominent countries in
  Asia-Pacific, supportive government initiatives,
  and a possible increase in demand for wide-body
  aircraft.

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Top players in the market

• Major companies operating in the market include
• BAE Systems,
• Airbus S.A.S.,
• CFM International, Inc,
• Kawasaki Heavy Industries,
• The Boeing Company,
• American Champion Aircraft Corporation,
• Defense and Space Co.,
• MD Helicopters Inc.,
• GE Aviation,
• Pratt Whitney International Aero Engines among
  others.

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