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Aviation Market Size to grow by USD 438.72 billion from 2022 to 2027 | Increasing efficiency of airlines to drive the market growth - Technavio

NEW YORK, Nov. 30, 2023 /PRNewswire/ -- The Aviation Market size is estimated to increase by USD 438.72 billion, decline at a CAGR of 6.2% 2022 to 2027. Enhancing airlines' efficiency drives the growth of the aviation market during the forecast period. Improved aircraft utilization emerges as a primary contributor to increased energy efficiency within the aircraft sector. This advancement is evidenced by the increased average number of passengers and cargo weight per flight, leading to a reduction in energy consumption per unit of service provided. Moreover, upgrading fleets serves as another catalyst in augmenting efficiency levels. In order to align with global climate targets, the aviation sector must strive for an annual energy efficiency improvement exceeding 3% by 2040. Several existing infrastructural elements pave the way towards achieving these objectives. Furthermore, the implementation of policy measures, such as carbon pricing and more stringent efficiency standards, is anticipated to increase the market growth during the forecast period. Discover some insights on market size historic period (2017 to 2021) and Forecast (2023 to 2027) before buying the full report -Request a sample report

Global Aviation Market ? Company Analysis
Company Landscape - The global aviation market is fragmented, with the presence of several global as well as regional companies. A few prominent companies that offer aviation in the market are Airbus SE, BAE Systems Plc, Bombardier Inc., DAHER, Dassault Aviation SA, Embraer SA, General Dynamics Corp., General Electric Co., Leonardo Spa, Lockheed Martin Corp., Northrop Grumman Systems Corp., Pilatus Aircraft Ltd., Raytheon Technologies Corp., Rolls Royce Holdings Plc, Saab AB, Safran SA, Textron Inc., Thales Group, The Boeing Co., and United Aircraft Corp.

What's New? -

Company Offerings -

Global Aviation Market - Segmentation Assessment

Segment Overview
Technavio has segmented the market based on Type (Commercial aviation, Military aviation, and General aviation), Revenue Stream (Passenger and Freight), and Geography (APAC, Europe, North America, Middle East and Africa, and South America). 

Geography Overview
By geography, the global aviation market is segmented into APAC, Europe, North America, Middle East and Africa, and South America. The report provides actionable insights and estimates the contribution of all regions to the growth of the global aviation market.

For insights on global, regional, and country-level parameters with growth opportunities from 2017 to 2027 - Download a Sample Report

Global Aviation Market ? Market Dynamics
Key Trends

Major challenges

Driver, Trend & Challenges are the factor of market dynamics that states about consequences & sustainability of the businesses, find some insights from a free sample report

What are the key data covered in this Aviation Market report?

Related Reports:

Sustainable Aviation Fuel (SAF) Market: The sustainable aviation fuel market size is forecast to increase by USD 1,978 million and is estimated to grow at a CAGR of 59.08% between 2023 and 2027.

Aviation Battery Market: The aviation battery market size is estimated to grow at a CAGR of 7.26% between 2022 and 2027. The market size is forecast to increase by USD 317.81 million.


  1. Executive Summary
  2. Market Landscape
  3. Market Sizing
  4. Historic Market Size
  5. Five Forces Analysis
  6. Market Segmentation by Type
  7. Market Segmentation by Revenue Stream
  8. Customer Landscape
  9. Geographic Landscape
  10. Drivers, Challenges, and Trends
  11. Company Landscape
  12. Company Analysis
  13. Appendix

About US
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

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