Aircraft Market
Aircraft Summary:
The global commercial aircraft market, valued at just over US$191 billion in 2019, is expected to grow at a CAGR of about 2.4% to be valued at around US$258 billion by 2026. The cumulative market for global expenditure on commercial aircraft is valued at US$2.5 trillion over the forecast period. Global expenditure on commercial aircraft is expected to show steady growth over the forecast period due to growing investments in infrastructure, initiatives to connect secondary cities with prime aviation hubs across a number of countries, and the increasing affluence of air travel, especially by rising middle-class populations in emerging countries.
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