The global demand for Aircraft Manufacturing Market is presumed to reach the market size of nearly USD 592.33 BN by 2030 from USD 371.64 BN in 2022 with a CAGR of 6% under the study period 2023 - 2030.
Aircraft manufacturing refers to the process of designing, engineering, fabricating, assembling, and testing aircraft, including airplanes, helicopters, and other aerial vehicles. It involves the creation of various components and subsystems that come together to form a complete aircraft.
Market Dynamics
The increasing demand for air travel, driven by factors such as the rising global population, expanding middle class, and greater affordability of air transportation, fuels the demand for new aircraft. Airlines and aircraft operators require additional aircraft to meet the growing passenger and cargo transportation needs. Airlines often seek to modernize their fleets to improve operational efficiency, reduce fuel consumption, and offer enhanced passenger comfort. Ageing aircraft are gradually replaced with newer, more fuel-efficient models that incorporate advanced technologies, resulting in cost savings and reduced environmental impact. Advances in aerospace technology drive the aircraft manufacturing market. Innovations in materials, propulsion systems, avionics, aerodynamics, and manufacturing processes lead to the development of more efficient, lighter, and environmentally friendly aircraft.
Manufacturers strive to incorporate these advancements into their aircraft designs to stay competitive and meet evolving industry standards.The growth of emerging economies, particularly in regions like Asia-Pacific, the Middle East, and Latin America, has led to increased air travel demand. As these markets continue to flourish, there is a need for additional aircraft to support the growing aviation sector, leading to opportunities for aircraft manufacturers. Government investments in defence and military aircraft procurement contribute to the aircraft manufacturing market. Defence modernization programs, geopolitical tensions, and the need for advanced military capabilities drive demand for military aircraft, both fixed-wing and rotary-wing, supporting the defence sector and driving growth in the industry. The aviation industry is increasingly focused on sustainability, aiming to reduce greenhouse gas emissions and environmental impact.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of aircraft manufacturing. The growth and trends of aircraft manufacturing industry provide a holistic approach to this study.
Market Segmentation
This section of the aircraft manufacturing market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Aircraft Type
- Helicopters
- Passenger Aircraft
- Commercial Aircrafts
- Military Aircrafts
By Application
- Military And Defense
- Civil
- Freight
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Aircraft Manufacturing market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Aircraft Manufacturing Market Share by Region (Representative Graph)

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the aircraft manufacturing market include Airbus, Commercial Aircraft Corporation of China,Ltd., Lockheed Martin Corporation, Embraer, Dassault Aviation, Textron Inc., Boeing, Leonardo S.P.A., General Dynamics Corporation, Raytheon Technologies Corporation. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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