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Global Market Share of Aircraft Manufacturing Industry to Hit USD 850 Billion by 2026: Facts & Factors

According to the [190+ Pages] research report; the global Aircraft Manufacturing Market in 2019 was approximately USD 550 Billion. The market is expected to grow at a CAGR of 9% and is anticipated to reach around USD 850 Billion by 2026. Top market players are Boeing, Airbus, Bombardier, Embraer, United Aircraft Corporation, COMAC, Honeywell, Safran Group and others.

/EIN News/ -- New York, NY, Feb. 15, 2021 (GLOBE NEWSWIRE) -- Facts and Factors have published a new research report titled “Aircraft Manufacturing Market By Type (Gliders, Helicopters, Ultra-Light Aircraft, Passenger Aircraft, Unmanned Aerial Vehicle & Drones, and Airships), and By Application (Military & Defense, Civil, Commercial and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026”.

“According to the research study, the global Aircraft Manufacturing Market was estimated at USD 550 Billion in 2019 and is expected to reach USD 850 Billion by 2026. The global Aircraft Manufacturing Market is expected to grow at a compound annual growth rate (CAGR) of 9% from 2019 to 2026”.

Aircraft manufacturing includes the manufacturing of engines of different aircraft, space vehicles, guided missiles, propulsion units, etc. Along with these aircraft, the aircraft manufacturing industry also manufactures structures of correlated aircraft. Aviation is the science-technology, economic, and transportation practice that studies and examines planes, objects that are heavier than the air that uses internal propulsion, and aerodynamic architecture to travel through the air. Aircraft development includes various products such as hardware, flight software, turbine, wings, seats, etc. The aircraft industry includes the manufacturing of aircraft along with the manufacturing of aircrafts parts and their maintenance. This production is done according to the standard issued by government bodies.

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Our Free Sample Report Includes:            

  • 2020 Updated Report Introduction, Overview, and In-depth industry analysis
  • COVID-19 Pandemic Outbreak Impact Analysis Included
  • 190+ Pages Research Report (Inclusion of Updated Research)
  • Provide Chapter-wise guidance on Request
  • 2020 Updated Regional Analysis with Graphical Representation of Size, Share & Trends
  • Includes Updated List of table & figures
  • Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis
  • Facts and Factors research methodology

(Note: The sample of this report is updated with COVID-19 impact analysis before delivery)

Key Questions Answered in this Report

1) What was the impact of COVID-19 on the Aircraft Manufacturing Market?

2) What is the market size, share of the Aircraft Manufacturing Market?

3) Who are the top market players in Aircraft Manufacturing Market?

4) What will be the future market of the Aircraft Manufacturing Market?

Key Offerings:

  • Market Size & Forecast by Revenue | 2020−2026
  • Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities
  • Market Segmentation – A detailed analysis by product, by types, end-user, applications, segments, and geography
  • Competitive Landscape – Top key vendors and other prominent vendors

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Impact Analysis of COVID-19 Pandemic on Businesses: Know Short Term and Long Term Impact

Most of the businesses are facing a growing litany of business-critical concerns related to the coronavirus outbreak, including supply chain disruptions, a risk of a recession, and a potential drop in consumer spending. All these scenarios will play out differently across various regions and industries, making accurate and timely market research more essential than ever.

We at Facts and Factors (http://www.fnfresearch.com) understand how difficult it is for you to plan, strategize, or make business decisions, and as such, we have your back to support you in these uncertain times with our research insights. Our team of consultants, analysts, and experts has developed an analytical model tool for markets that helps us to assess the impact of the virus more effectively on the industrial markets. We are further implementing these insights into our reports for a better understanding of our clients.

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The increasing use of aircraft for military aviation and civil aviation, economic growth in the developed and developing countries, increase in per capita income may drive the aircraft market, in turn, may fuel the aircraft manufacturing market over the forecast period. Owing to the rising disposable income the number of passengers traveling by civil aircraft is also increased, this produces a positive impact on the growth of the aircraft manufacturing market. With the rise in the travel and tourism industry, increasing investment in defense aircraft is expected to propel the market growth. However, the economic downturn, growing unemployment can negatively impact market growth. Initially, the manufacturing of aircraft needs high investment that may hamper the growth of the market. On the other hand, technological advancement in the manufacturing of aircraft, rise in the R&D activities, and growing use of cargo aircraft by the E-commerce industry is anticipated to offer significant growth opportunities in the market during the forthcoming years.

Top Market Players

  • Cessna Aircraft Company
  • Embraer
  • United Aircraft Corporation
  • Boeing
  • Bombardier
  • COMAC
  • Honeywell
  • Airbus
  • Safran Group
  • Pilatus Business Aircraft Ltd
  • Piaggio America Inc.
  • Hawker Beechcraft Corp.
  • Gulfstream Aerospace
  • Dassault Falcon

To know an additional revised 2020 list of market players, request a sample report: https://www.fnfresearch.com/sample/global-aircraft-manufacturing-market-by-type-gliders-helicopters-1123

By type segmentation, the passenger aircraft category is expected to contribute the largest market share in the global aircraft manufacturing market attributed to the increasing number of passengers coupled with the growth in the travel and tourism industry. Unmanned aerial vehicles & drones are also expected a boom during the forthcoming years owing to the use of these aircraft for various purposes in the defense sector. On the basis of the application segment, the civil category led the market in 2019 and it is anticipated to grow in the future years attributed to growing consumer spending on air travel, and the rising number of business travelers.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the aircraft manufacturing sector. Key strategic developments in the aircraft manufacturing market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the aircraft manufacturing market are appropriately highlighted in the report.

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The aircraft manufacturing market research report delivers an acute valuation and taxonomy of the aircraft manufacturing industry by practically splitting the market on the basis of different types, categories, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2020 to FY 2026.

Aircraft production involves the manufacture of various aircraft engines, spacecraft, guided missiles, propulsion systems, etc. The aircraft manufacturing industry also produces correlated aircraft structures together with these aircraft. Aviation is the discipline of science-technology, economics, and transportation that studies and explores aircraft, objects heavier than the air that uses internal propulsion, and aerodynamic architecture to travel through the air. The development of the aircraft includes turbines, hardware, wings, flight software, seats, etc.

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Rising aircraft usage for military aviation and civil aviation, economic growth in developed and developing countries, growth in the disposable income may drive the aircraft market, in turn, it may surge the growth of the aircraft manufacturing industry. Moreover, innovative technological developments to improve the production of the aircraft may drive the market growth. However, economic uncertainty and political instability may hinder the market growth. On the other hand, the growing use of aircraft for business purposes, for shipping by the e-commerce industry may create lucrative opportunities in the market.

By geography, in 2019, North America dominated the market and it is projected to witness the highest market share attributed to the increasing R&D activities to improve the production and adoption of advanced technology. Europe is also anticipated to share the highest market growth during the forthcoming years.

Browse the full “Aircraft Manufacturing Market By Type (Gliders, Helicopters, Ultra-Light Aircraft, Passenger Aircraft, Unmanned Aerial Vehicle & Drones, and Airships), and By Application (Military & Defense, Civil, Commercial and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" report at https://www.fnfresearch.com/global-aircraft-manufacturing-market-by-type-gliders-helicopters-1123

This report segments the aircraft manufacturing market as follows:

Global Aircraft Manufacturing Market: By Type Segmentation Analysis

  • Insulation aircraft manufacturing
  • Antistatic aircraft manufacturing
  • Conductive aircraft manufacturing
  • Others

Global Aircraft Manufacturing Market: By Application Segmentation Analysis

  • Food & Beverage
  • Medical
  • Automotive
  • Construction
  • Others

Key Insights from Primary Research

  • According to the primary CXO’s of the global aircraft manufacturing market, the market is estimated to witness a substantial growth of nearly 9% over the forecast period.
  • The market was valued at USD 550 billion, in 2019 and is expected to be valued at over USD 850 billion.
  • By type segmentation, the passenger aircraft category is expected to contribute the largest market share in the global aircraft manufacturing market attributed to the increasing number of passengers coupled with the growth in the travel and tourism industry.
  • On the basis of the application segment, the civil category led the market in 2019 and it is anticipated to grow in the future years attributed to growing consumer spending on air travel, and the rising number of business travelers.
  • By geography, in 2019, North America dominated the market and it is projected to witness the highest market share attributed to the increasing R&D activities and the presence of major manufacturers.

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