The Aviation Market Size is forecast to surge by USD 636.7 billion from 2023 to 2028, expanding at a compound annual growth rate (CAGR) of 8.09%. This dynamic growth reflects the aviation sector’s resilience and evolution, powered by innovations in efficiency, sustainability, and aircraft technology. In this report, you’ll learn:
What’s fueling the aviation market through 2028
Who the major players are and what strategies they’re using
How regions like APAC and North America are shaping demand
Emerging technologies reshaping aircraft manufacturing and operations
Trends like electrification, RFID integration, and lightweight materials
Key segments driving revenue: commercial, military, and general aviation
Let’s break down the future of the aviation industry.For more details about the industry, get the PDF sample report for free
The aviation market encompasses a wide spectrum—from passenger jets and freighters to combat aircraft, helicopters, and electric-powered planes. What binds this diverse industry is a growing demand for air mobility, e-commerce fulfillment, global connectivity, and technological sustainability.
Commercial aviation remains the backbone of the market, thanks to rising disposable income, expanding tourism, and affordable airline carriers. According to Airports Council International, global passenger traffic exceeded 8.8 billion in 2019 and is poised to surpass that milestone in coming years as infrastructure and low-cost carriers scale up.
The market includes not only airlines and manufacturers but also nodes, material suppliers, and overhaul providers. The continued use of key materials such as aluminum, steel, rubber, and composite materials supports both legacy aircraft and next-gen builds.
The aviation market encompasses a wide spectrum—from passenger jets and freighters to combat aircraft, helicopters, and electric-powered planes. What binds this diverse industry is a growing demand for air mobility, e-commerce fulfillment, global connectivity, and technological sustainability.
Commercial aviation remains the backbone of the market, thanks to rising disposable income, expanding tourism, and affordable airline carriers. According to Airports Council International, global passenger traffic exceeded 8.8 billion in 2019 and is poised to surpass that milestone in coming years as infrastructure and low-cost carriers scale up.
The market includes not only airlines and manufacturers but also nodes, material suppliers, and overhaul providers. The continued use of key materials such as aluminum, steel, rubber, and composite materials supports both legacy aircraft and next-gen builds.
Safe and Secure SSL Encrypted
One user only.
Quick & easy download option
Unlimited user access (Within your organization).
Complimentary Customization Included
*For Enterprise license, go to checkout page
Get the report (PDF) sent to your email within minutes.
