COMMERCIAL AIRCRAFT MARKET ANALYSIS

Regional Analysis

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North America has dominated the commercial aircraft market for decades owing 47.3% in 2024 to a strong presence of major Original Equipment Manufacturers (OEMs) like Boeing and key industry participants across the value chain. The U.S. is home to the largest aircraft manufacturers, suppliers as well as airlines which has created a robust ecosystem driving the regional market growth. Majority of commercial aircraft orders are fulfilled by American companies which cater to both domestic as well as international carriers. This has established the region as manufacturing and technological hub for commercial aviation. The supply chain is highly integrated with components and engineering expertise available locally. Several aircraft assembly lines and manufacturing facilities are located across different states which ensures smooth production and delivery.

Asia Pacific has emerged as the fastest growing regional market for commercial aircraft in recent years. China especially has witnessed exponential air passenger traffic on the back of expanding economy, rising incomes, and growing international trade. This has fuelled the demand for new aircraft from Chinese as well as other Asian airlines. In order to capture this huge market opportunity, global OEMs have started setting up manufacturing plants and engineering centers to cater to the regional requirements. Original equipment manufacturers have also partnered with local component manufacturers to leverage low cost manufacturing and integrate them in global supply chain. This is significantly boosting production rates and lowering overall costs. Meanwhile, other Southeast Asian countries with major aircraft lessors and carriers like Singapore, Malaysia, and Indonesia are also emerging markets driving the overall regional commercial aviation growth.

The North America region continues to enjoy strong order pipeline from its airlines coupled with support from the government which is positively impacting the commercial aircraft industry. On the other hand, the Asia Pacific region is poised to surpass North America in the coming decade led by market expansion in China and other developing economies. Rapid infrastructure development and urbanization makes this region attractive for long term business prospects.