Global Regional Jet Market Report By Platform (Commercial Aircraft, Military Aircraft), By Engine Type (Turbofan Engine, Turboprop Engine), By Seating Capacity (35-80 Seats, 80-125 Seats), By Maximum Take-off Weight (20,000 lbs To 80,000 lbs., 81,000 lbs To 1,60,000 lbs.) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2023-2032

The global demand for Regional Jet Market is presumed to reach the market size of nearly USD 20.13 BN by 2030 from USD 11.29 BN in 2022 with a CAGR of 7.5% under the study period 2023 - 2030.

A regional jet is a type of small to medium-sized passenger aircraft designed to serve short-haul or regional routes. These aircraft are typically used by regional airlines to connect smaller cities and towns to larger hub airports. They bridge the gap between larger mainline aircraft that serve long-haul routes and smaller turboprop aircraft used for very short-distance flights.

Market Dynamics

One key growth driver is the increasing demand for air travel to and from smaller cities and towns is leading to a need for efficient regional air transport. The hub-and-spoke model, which connects passengers from smaller airports to major hubs, has further boosted demand for regional jets. Fleet renewal, driven by the desire for fuel efficiency and reduced operating costs, has also contributed to market expansion. Additionally, improvements in regional airport infrastructure and economic growth in emerging markets have increased the demand for regional jet services. The shift from turboprops to these jets, lower operating costs, and enhanced connectivity to remote areas have further fueled the market's growth. Moreover, scope clause agreements and increased business travel to smaller cities have created opportunities for regional jet manufacturers and operators.

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 regional jet. The growth and trends of regional jet industry provide a holistic approach to this study. 

Market Segmentation

This section of the regional jet 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 Platform

• Commercial Aircraft
• Military Aircraft

By Engine Type

• Turbofan Engine
• Turboprop Engine

By Seating Capacity

• 35-80 Seats
• 80-125 Seats

By Maximum Take-Off Weight

• 20,000 Lbs To 80,000 Lbs.
• 81,000 Lbs To 1,60,000 Lbs.

Regional Analysis

This section covers the regional outlook, which accentuates current and future demand for the Regional Jet 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 Regional Jet 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 Regional Jet market include Embraer (Brazil), Airbus (France), Leonardo Spa (Italy), Mitsubishi Heavy Industries (Japan), De Havilland Aircraft of Canada Ltd (Canada), Commercial Aircraft Corporation of China (China), United Aircraft Corporation (Russia), Antonov Company (Ukraine). 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.