"The Global Commercial Aviation Market valued at USD 187. billion in 2024, is expected to grow by 7.84% CAGR to reach market size worth USD 406.1 billion by 2034."
The Commercial Aviation market is experiencing a strong resurgence post-pandemic, supported by the rebound in air travel, growing fleet modernization, and rising demand for fuel-efficient aircraft. Airlines are aggressively expanding capacity and upgrading operations with next-generation aircraft that offer better fuel economy and lower emissions. The surge in passenger traffic, particularly in emerging markets across Asia-Pacific, Latin America, and the Middle East, is reshaping global route networks. Additionally, low-cost carriers are rapidly expanding their footprint by tapping into underserved regional airports and launching new routes. Technological advancements in avionics, engine systems, and materials—such as composite airframes—are further supporting performance and cost-efficiency. The emphasis on sustainability, digital transformation, and operational agility is leading to increased investment in aircraft connectivity, predictive maintenance systems, and autonomous flight technologies.
Meanwhile, the commercial aviation supply chain is gradually stabilizing, although it continues to face constraints in component availability and labor shortages. OEMs are ramping up production to meet increasing backlogs, particularly for narrow-body aircraft, while MRO (Maintenance, Repair, and Overhaul) services are booming to support aging fleets. Geopolitical shifts and energy price volatility remain challenges, but regulatory support and green aviation initiatives are helping guide the industry toward more resilient and sustainable growth. Electric and hybrid-electric aircraft projects are gaining traction, alongside developments in hydrogen propulsion systems. Major players are also realigning their global partnerships and route strategies in response to evolving demand and competition. Digitization and AI integration are revolutionizing flight operations, passenger experiences, and airline cost structures. As commercial aviation becomes more data-driven, stakeholders across aircraft manufacturing, airport operations, and air navigation services are increasingly collaborating to enhance safety, efficiency, and profitability.
North America is the leading region in the commercial aviation market, propelled by strong airline infrastructure, high air travel demand, and significant fleet modernization initiatives. The narrow-body aircraft segment is the dominant segment, fueled by growing regional connectivity, cost-efficiency for short to medium-haul routes, and increasing low-cost carrier operations.
Airline passenger volumes have rebounded significantly post-COVID, reaching close to pre-pandemic levels by 2024. This recovery has led to a surge in aircraft orders, route expansions, and recruitment drives, as airlines respond to pent-up travel demand and strive to restore and exceed their operational capacities across domestic and international routes.
Narrow-body aircraft, particularly the Airbus A320neo and Boeing 737 MAX series, are dominating the fleet expansion due to their fuel efficiency and route versatility. Airlines favor these models for short and medium-haul operations, aligning with profitability goals and sustainability initiatives in a cost-sensitive, post-pandemic aviation environment.
Asia-Pacific leads global growth, driven by urbanization, disposable income rise, and intra-regional travel demand. Countries like India, Vietnam, and Indonesia are experiencing strong domestic aviation booms, prompting carriers to invest in newer fleets and governments to accelerate airport infrastructure upgrades and regional air connectivity schemes.
Sustainability is now a core focus for airlines, with increased adoption of sustainable aviation fuel (SAF), carbon offsetting programs, and aircraft with reduced emissions. Regulatory frameworks in the EU and North America are reinforcing green transitions, while customer demand for climate-conscious travel influences airline strategy.
Low-cost carriers (LCCs) are reshaping the commercial aviation landscape with aggressive expansion into secondary cities and cross-border routes. Their ability to offer low fares, high frequency, and a simplified service model continues to attract both leisure and price-sensitive business travelers globally.
The MRO sector is seeing heightened activity as airlines perform deferred maintenance and restore grounded fleets. Demand is rising for digital MRO solutions like AI diagnostics, 3D printed parts, and IoT-enabled maintenance tracking, enabling quicker turnaround and lower lifecycle costs for aircraft operators.
Leasing companies are critical in current fleet modernization, with over half of new commercial aircraft delivered through lessors. Their role allows airlines to avoid heavy upfront capital expenditures while maintaining fleet flexibility amid fluctuating travel demand and macroeconomic uncertainties.
Digitization across airline operations has accelerated, with AI and big data enhancing customer personalization, route optimization, and real-time performance analytics. Technologies such as mobile booking, biometric boarding, and digital crew management are improving operational efficiency and passenger experiences.
Air cargo remains a vital growth engine for the industry, especially with continued e-commerce demand and global supply chain diversification. Airlines are converting passenger jets into freighters, while dedicated cargo airlines invest in larger fleets to handle pharmaceuticals, electronics, and just-in-time goods.
Electric and hydrogen-powered aircraft development is progressing, with prototypes under testing and commercialization goals set for the 2030s. OEMs are collaborating with energy and infrastructure firms to enable the future of zero-emission aviation, driven by decarbonization targets and long-term energy cost reduction potential.
d descriptive and prescriptive analyses for insights into the market landscape until 2034.
The North American Commercial Aviation market experienced significant advancements in 2024, driven by the increasing adoption of smart technologies along with investments in innovation. Key developments included accelerated integration of manufacturing processes, breakthroughs in novel technologies, and advancements in AI-powered product development. The region’s dominance stems from substantial defense budgets, a robust R&D ecosystem, and the presence of leading market players such as Lockheed Martin, Boeing, and Raytheon Technologies. From 2025, the market is projected to grow steadily, fueled by the rising demand for hypersonic weapons, autonomous aircraft, and quantum communication technologies. Supporting factors include government initiatives to modernize defense infrastructure, the rapid expansion of satellite communication networks, and advancements in green aviation technologies. A competitive landscape marked by innovation and strategic collaborations ensures that North America remains at the forefront of the Commercial Aviation market.
In 2024, Europe’s Commercial Aviation market witnessed pivotal technological developments, and increased investments in sustainable solutions, bolstered by EU green initiatives. The European Commercial Aviation market is expected to thrive from 2025, supported by a strong focus on the modernization of systems, and the deployment of advanced mobility solutions. Factors such as regional collaboration through NATO, the European Space Agency (ESA) programs, and funding for advanced avionics systems are key growth drivers in the broader perspective. The competitive landscape is shaped by major players like Airbus, Thales Group, and Leonardo S.p.A., leveraging cutting-edge technology and partnerships to enhance capabilities across sectors.
Asia-Pacific emerged as a dynamic region for the Commercial Aviation market in 2024, with key developments in strategic segments. Rapidly growing defense budgets in China and India, coupled with technological innovation in Japan and South Korea, are propelling market growth. From 2025, the market is anticipated to expand significantly due to escalating geopolitical tensions, increased investment in commercial satellite communications, and urban air mobility projects in megacities. Factors such as government-backed aerospace programs, rising adoption of AI in defense systems, and the region's push toward localized manufacturing amplify growth from a broader purview. The competitive landscape features global giants like Boeing and Lockheed Martin alongside regional powerhouses such as Hindustan Aeronautics Limited (HAL) and Mitsubishi Electric.
The Middle East, Africa, Latin America Commercial Aviation market, encompassing the Middle East, Africa, and South America, saw noteworthy progress in 2024. Countries like Saudi Arabia and the UAE led in defense modernization, while Brazil and South Africa focused on commercial aviation and satellite communications are growth engines in Aerospace and Defence segment. Anticipated growth from 2025 is underpinned by rising defense expenditure, increasing space exploration activities, and the adoption of advanced avionics systems. Supporting factors include strategic international partnerships, growing demand for smart weapons, and investments in airport logistics systems. The Commercial Aviation market remains highly competitive, with key players forming joint ventures and leveraging advanced technologies to meet regional demands. The RoW market holds immense potential for growth as nations focus on bolstering their capabilities.
The research comprehensively evaluates the Commercial Aviation market by examining its parent industry, derived segments, intermediaries, raw material suppliers, and substitute offerings to deliver a well-rounded market outlook. It incorporates detailed geopolitical and demographic analysis, alongside Porter’s Five Forces assessment, to generate accurate and strategic market projections.
Recent company developments, partnerships, and transactions are analyzed to understand their potential impact on future business dynamics within the sector. Additional key factors considered include the threat of new entrants, availability of substitutes, product differentiation, competitive intensity, supplier base, distribution networks, capital requirements, regulatory landscape, viable alternatives, and the relative cost of substitutes.
Trade flow and pricing trends are also reviewed to assess the global positioning of the Commercial Aviation market. This includes identifying top exporting and supplying nations, as well as leading importers and end users. These insights are vital for supporting client procurement strategies, supplier identification, pricing decisions, and the exploration of emerging sales channels. The analysis is continuously updated, incorporating the latest macroeconomic and geopolitical developments, such as the Russia-Ukraine conflict, to ensure a current and forward-looking view of the Commercial Aviation market.
Commercial Aviation Market Structure, Competitive Intelligence and Key Winning Strategies
The report presents detailed profiles of top companies operating in the Commercial Aviation market and players serving the Commercial Aviation value chain along with their strategies for the near, medium, and long term period.
OGAnalysis’ proprietary company revenue and product analysis model unveils the Commercial Aviation market structure and competitive landscape. Company profiles of key players with a business description, product portfolio, SWOT analysis, Financial Analysis, and key strategies are covered in the report. It identifies top-performing Commercial Aviation products in global and regional markets. New Product Launches, Investment & Funding updates, Mergers & Acquisitions, Collaboration & Partnership, Awards and Agreements, Expansion, and other developments give our clients the Commercial Aviation market update to stay ahead of the competition.
Company offerings in different segments across Asia-Pacific, Europe, the Middle East, Africa, and South and Central America are presented to better understand the company strategy for the Commercial Aviation market. The competition analysis enables users to assess competitor strategies and helps align their capabilities and resources for future growth prospects to improve their market share.
Commercial Aviation Market Research Scope
• Global Commercial Aviation market size and growth projections (CAGR), 2024- 2034
• Policies of USA New President Trump, Russia-Ukraine War, Israel-Palestine, Middle East Tensions Impact on the Commercial Aviation Trade and Supply-chain
• Commercial Aviation market size, share, and outlook across 5 regions and 27 countries, 2023- 2034
• Commercial Aviation market size, CAGR, and Market Share of key products, applications, and end-user verticals, 2023- 2034
• Short and long-term Commercial Aviation market trends, drivers, restraints, and opportunities
• Porter’s Five Forces analysis, Technological developments in the Commercial Aviation market, Commercial Aviation supply chain analysis
• Commercial Aviation trade analysis, Commercial Aviation market price analysis, Commercial Aviation supply/demand
• Profiles of 5 leading companies in the industry- overview, key strategies, financials, and products
• Latest Commercial Aviation market news and developments
The Commercial Aviation Market international scenario is well established in the report with separate chapters on North America Commercial Aviation Market, Europe Commercial Aviation Market, Asia-Pacific Commercial Aviation Market, Middle East and Africa Commercial Aviation Market, and South and Central America Commercial Aviation Markets. These sections further fragment the regional Commercial Aviation market by type, application, end-user, and country.
Market Scope
Parameter | Detail |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2026-2032 |
Market Size-Units | USD billion |
Market Splits Covered | By Product, By Application and By End-User |
Countries Covered | North America (USA, Canada, Mexico) |
Analysis Covered | Latest Trends, Driving Factors, Challenges, Trade Analysis, Price Analysis, Supply-Chain Analysis, Competitive Landscape, Company Strategies |
Customization | 10% free customization (up to 10 analyst hours) to modify segments, geographies, and companies analyzed |
Post-Sale Support | 4 analyst hours, available up to 4 weeks |
Delivery Format | The Latest Updated PDF and Excel Data file |
Who can benefit from this research
The research would help top management/strategy formulators/business/product development/sales managers and investors in this market in the following ways
1. The report provides 2024 Commercial Aviation market sales data at the global, regional, and key country levels with a detailed outlook to 2034 allowing companies to calculate their market share and analyze prospects, uncover new markets, and plan market entry strategy.
2. The research includes the Commercial Aviation market split into different types and applications. This segmentation helps managers plan their products and budgets based on the future growth rates of each segment
3. The Commercial Aviation market study helps stakeholders understand the breadth and stance of the market giving them information on key drivers, restraints, challenges, and growth opportunities of the market and mitigating risks
4. This report would help top management understand competition better with a detailed SWOT analysis and key strategies of their competitors, and plan their position in the business
5. The study assists investors in analyzing Commercial Aviation business prospects by region, key countries, and top companies' information to channel their investments.
Available Customizations
The standard syndicate report is designed to serve the common interests of Commercial Aviation Market players across the value chain and include selective data and analysis from entire research findings as per the scope and price of the publication.
However, to precisely match the specific research requirements of individual clients, we offer several customization options to include the data and analysis of interest in the final deliverable.
Some of the customization requests are as mentioned below –
Segmentation of choice – Our clients can seek customization to modify/add a market division for types/applications/end-uses/processes of their choice.
Commercial Aviation Pricing and Margins Across the Supply Chain, Commercial Aviation Price Analysis / International Trade Data / Import-Export Analysis,
Supply Chain Analysis, Supply – Demand Gap Analysis, PESTLE Analysis, Macro-Economic Analysis, and other Commercial Aviation market analytics
Processing and manufacturing requirements, Patent Analysis, Technology Trends, and Product Innovations
Further, the client can seek customization to break down geographies as per their requirements for specific countries/country groups such as South East Asia, Central Asia, Emerging and Developing Asia, Western Europe, Eastern Europe, Benelux, Emerging and Developing Europe, Nordic countries, North Africa, Sub-Saharan Africa, Caribbean, The Middle East and North Africa (MENA), Gulf Cooperation Council (GCC) or any other.
Capital Requirements, Income Projections, Profit Forecasts, and other parameters to prepare a detailed project report to present to Banks/Investment Agencies.
Customization of up to 10% of the content can be done without any additional charges.
Note: Latest developments will be updated in the report and delivered within 2 to 3 working days
Market Segmentation
By Aircraft Type:
Passenger Aircraft
Freighter Aircraft
By Body Type:
Narrow-Body Aircraft
Wide-Body Aircraft
Regional Aircraft
By Application:
Domestic
International
By End Use:
Civil & Commercial
Government
By Geography:
North America (USA, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Rest of Europe)
Asia-Pacific (China, India, Japan, Australia, South Korea, Rest of APAC)
The Middle East and Africa (Saudi Arabia,
UAE, Iran, South Africa, Rest of MEA)
South and Central America (Brazil, Argentina, Rest of SCA)
Airbus SE
The Boeing Company
Embraer S.A.
ATR (Avions de Transport Régional)
United Aircraft Corporation (UAC)
Bombardier Inc.
Mitsubishi Aircraft Corporation
COMAC (Commercial Aircraft Corporation of China, Ltd.)
Lockheed Martin Corporation
Textron Aviation
Leonardo S.p.A.
Dassault Aviation
Raytheon Technologies (Collins Aerospace)
Safran S.A.
GE Aerospace
July 2025 At the APEX/FlightTech event in Dublin, Lufthansa Group, Air France–KLM, and Threedot showcased next‑generation airline retailing solutions focused on real‑time offer and order management, highlighting the shift toward personalized in‑flight and digital sales strategies.
July 2025 Airbus and Boeing reported strong delivery numbers for June, with Airbus delivering 63 aircraft and Boeing 60, underscoring production recovery and the widening delivery gap between the two OEMs as mid‑year backlogs dominate.
July 2025 India’s DGCA mandated inspections of fuel control switch locks on all Boeing 787 and applicable 737 variants, following the investigation into June’s Air India 787 crash—highlighting intensified global scrutiny on Boeing aircraft safety.
July 2025 Air India announced plans to resume select international flights in August after a safety pause prompted by last month's AI‑171 crash, signaling a gradual restoration of grounded routes and passenger services.
July 2025 Qantas secured a New South Wales Supreme Court injunction to block publication of stolen internal data, reinforcing the carrier’s efforts to protect operational and customer information from cybersecurity threats.
July 2025 United Airlines raised its 2025 guidance to $9–$11 EPS, citing accelerated travel demand since early July and reduced geopolitical uncertainty—mirroring a similar upgrade by Delta and reflecting recovery momentum in air travel.
July 2025 Five major airlines revealed plans to introduce new business-class suites featuring lie-flat beds, sliding privacy doors, and enhanced infotainment—pointing to investments in elevated cabin luxury, including on Boeing 737 MAX, 777, and Airbus A350 platforms.
July 2025 Wizz Air announced it would discontinue its Abu Dhabi operations in September to refocus on European network expansion amid supply chain and regulatory challenges, also renegotiating its 47-aircraft A321XLR order.
July 2025 Jetstar confirmed the launch of direct flights from Perth to Manila and Brisbane to Cebu commencing late 2025, leveraging Airbus A321LR aircraft to enhance low-cost connectivity between Australia and the Philippines.
May 2025 Malaysia Airlines finalized orders for an additional 20 Airbus A330neo aircraft, further expanding its widebody fleet in preparation for future route and service enhancements across long-haul operations.
1. Table of Contents
1.1 List of Tables
1.2 List of Figures
2. Global Commercial Aviation Market Review, 2024
2.1 Commercial Aviation Industry Overview
2.2 Research Methodology
3. Commercial Aviation Market Insights
3.1 Commercial Aviation Market Trends to 2034
3.2 Future Opportunities in Commercial Aviation Market
3.3 Dominant Applications of Commercial Aviation, 2024 Vs 2034
3.4 Key Types of Commercial Aviation, 2024 Vs 2034
3.5 Leading End Uses of Commercial Aviation Market, 2024 Vs 2034
3.6 High Prospect Countries for Commercial Aviation Market, 2024 Vs 2034
4. Commercial Aviation Market Trends, Drivers, and Restraints
4.1 Latest Trends and Recent Developments in Commercial Aviation Market
4.2 Key Factors Driving the Commercial Aviation Market Growth
4.2 Major Challenges to the Commercial Aviation industry, 2025- 2034
4.3 Impact of Wars and geo-political tensions on Commercial Aviation supply chain
5 Five Forces Analysis for Global Commercial Aviation Market
5.1 Commercial Aviation Industry Attractiveness Index, 2024
5.2 Commercial Aviation Market Threat of New Entrants
5.3 Commercial Aviation Market Bargaining Power of Suppliers
5.4 Commercial Aviation Market Bargaining Power of Buyers
5.5 Commercial Aviation Market Intensity of Competitive Rivalry
5.6 Commercial Aviation Market Threat of Substitutes
6. Global Commercial Aviation Market Data – Industry Size, Share, and Outlook
6.1 Commercial Aviation Market Annual Sales Outlook, 2025- 2034 ($ Million)
6.1 Global Commercial Aviation Market Annual Sales Outlook by Type, 2025- 2034 ($ Million)
6.2 Global Commercial Aviation Market Annual Sales Outlook by Application, 2025- 2034 ($ Million)
6.3 Global Commercial Aviation Market Annual Sales Outlook by End-User, 2025- 2034 ($ Million)
6.4 Global Commercial Aviation Market Annual Sales Outlook by Region, 2025- 2034 ($ Million)
7. Asia Pacific Commercial Aviation Industry Statistics – Market Size, Share, Competition and Outlook
7.1 Asia Pacific Market Insights, 2024
7.2 Asia Pacific Commercial Aviation Market Revenue Forecast by Type, 2025- 2034 (USD Million)
7.3 Asia Pacific Commercial Aviation Market Revenue Forecast by Application, 2025- 2034(USD Million)
7.4 Asia Pacific Commercial Aviation Market Revenue Forecast by End-User, 2025- 2034 (USD Million)
7.5 Asia Pacific Commercial Aviation Market Revenue Forecast by Country, 2025- 2034 (USD Million)
7.5.1 China Commercial Aviation Analysis and Forecast to 2034
7.5.2 Japan Commercial Aviation Analysis and Forecast to 2034
7.5.3 India Commercial Aviation Analysis and Forecast to 2034
7.5.4 South Korea Commercial Aviation Analysis and Forecast to 2034
7.5.5 Australia Commercial Aviation Analysis and Forecast to 2034
7.5.6 Indonesia Commercial Aviation Analysis and Forecast to 2034
7.5.7 Malaysia Commercial Aviation Analysis and Forecast to 2034
7.5.8 Vietnam Commercial Aviation Analysis and Forecast to 2034
7.6 Leading Companies in Asia Pacific Commercial Aviation Industry
8. Europe Commercial Aviation Market Historical Trends, Outlook, and Business Prospects
8.1 Europe Key Findings, 2024
8.2 Europe Commercial Aviation Market Size and Percentage Breakdown by Type, 2025- 2034 (USD Million)
8.3 Europe Commercial Aviation Market Size and Percentage Breakdown by Application, 2025- 2034 (USD Million)
8.4 Europe Commercial Aviation Market Size and Percentage Breakdown by End-User, 2025- 2034 (USD Million)
8.5 Europe Commercial Aviation Market Size and Percentage Breakdown by Country, 2025- 2034 (USD Million)
8.5.1 2024 Germany Commercial Aviation Market Size and Outlook to 2034
8.5.2 2024 United Kingdom Commercial Aviation Market Size and Outlook to 2034
8.5.3 2024 France Commercial Aviation Market Size and Outlook to 2034
8.5.4 2024 Italy Commercial Aviation Market Size and Outlook to 2034
8.5.5 2024 Spain Commercial Aviation Market Size and Outlook to 2034
8.5.6 2024 BeNeLux Commercial Aviation Market Size and Outlook to 2034
8.5.7 2024 Russia Commercial Aviation Market Size and Outlook to 2034
8.6 Leading Companies in Europe Commercial Aviation Industry
9. North America Commercial Aviation Market Trends, Outlook, and Growth Prospects
9.1 North America Snapshot, 2024
9.2 North America Commercial Aviation Market Analysis and Outlook by Type, 2025- 2034($ Million)
9.3 North America Commercial Aviation Market Analysis and Outlook by Application, 2025- 2034($ Million)
9.4 North America Commercial Aviation Market Analysis and Outlook by End-User, 2025- 2034($ Million)
9.5 North America Commercial Aviation Market Analysis and Outlook by Country, 2025- 2034($ Million)
9.5.1 United States Commercial Aviation Market Analysis and Outlook
9.5.2 Canada Commercial Aviation Market Analysis and Outlook
9.5.3 Mexico Commercial Aviation Market Analysis and Outlook
9.6 Leading Companies in North America Commercial Aviation Business
10. Latin America Commercial Aviation Market Drivers, Challenges, and Growth Prospects
10.1 Latin America Snapshot, 2024
10.2 Latin America Commercial Aviation Market Future by Type, 2025- 2034($ Million)
10.3 Latin America Commercial Aviation Market Future by Application, 2025- 2034($ Million)
10.4 Latin America Commercial Aviation Market Future by End-User, 2025- 2034($ Million)
10.5 Latin America Commercial Aviation Market Future by Country, 2025- 2034($ Million)
10.5.1 Brazil Commercial Aviation Market Analysis and Outlook to 2034
10.5.2 Argentina Commercial Aviation Market Analysis and Outlook to 2034
10.5.3 Chile Commercial Aviation Market Analysis and Outlook to 2034
10.6 Leading Companies in Latin America Commercial Aviation Industry
11. Middle East Africa Commercial Aviation Market Outlook and Growth Prospects
11.1 Middle East Africa Overview, 2024
11.2 Middle East Africa Commercial Aviation Market Statistics by Type, 2025- 2034 (USD Million)
11.3 Middle East Africa Commercial Aviation Market Statistics by Application, 2025- 2034 (USD Million)
11.4 Middle East Africa Commercial Aviation Market Statistics by End-User, 2025- 2034 (USD Million)
11.5 Middle East Africa Commercial Aviation Market Statistics by Country, 2025- 2034 (USD Million)
11.5.1 South Africa Commercial Aviation Market Outlook
11.5.2 Egypt Commercial Aviation Market Outlook
11.5.3 Saudi Arabia Commercial Aviation Market Outlook
11.5.4 Iran Commercial Aviation Market Outlook
11.5.5 UAE Commercial Aviation Market Outlook
11.6 Leading Companies in Middle East Africa Commercial Aviation Business
12. Commercial Aviation Market Structure and Competitive Landscape
12.1 Key Companies in Commercial Aviation Business
12.2 Commercial Aviation Key Player Benchmarking
12.3 Commercial Aviation Product Portfolio
12.4 Financial Analysis
12.5 SWOT and Financial Analysis Review
14. Latest News, Deals, and Developments in Commercial Aviation Market
14.1 Commercial Aviation trade export, import value and price analysis
15 Appendix
15.1 Publisher Expertise
15.2 Commercial Aviation Industry Report Sources and Methodology
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The Commercial Aviation Market is estimated to reach USD 406.1 billion by 2034.
The Global Commercial Aviation Market is expected to grow at a Compound Annual Growth Rate (CAGR) of 7.84% during the forecast period from 2025 to 2034.
The Global Commercial Aviation Market is estimated to generate USD 199.6 billion in revenue in 2025
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