How Big is the Aviation Market | Forecast & Growth 2025

Code: MTA4683 Publication Date: Jul 2025

How big is the Aviation Market?

According to 6Wresearch internal database and industry insights, the Global Aviation market was valued at approximately USD 862 billion in 2024 and is projected to surpass a valuation of USD 1.17 trillion by 2031 at a CAGR of 4.4%.

This growth is driven by the post-pandemic resurgence in global air travel, rising demand for fuel-efficient aircraft, modernization of airport infrastructure, and expansion of cargo and defense aviation segments. The sector is also witnessing increased investment in sustainable and digital aviation technologies.

Key Growth Factors of the Aviation Market

  • Resurgence of commercial passenger traffic
  • Growing air freight and e-commerce logistics
  • Demand for next-gen fuel-efficient aircraft
  • Fleet expansion in emerging economies
  • Defense and military aviation modernization
  • Increasing focus on sustainable aviation fuels (SAFs)

Aviation Market Trends

With a major growth from the Asia-Pacific and Middle Eastern regions, the aviation market is expected to grow rapidly, where the expansion of the airport and the airline fleet growth is accelerating. Airlines are investing heavy in narrow body aircraft for regional connectivity and changing the old fleet with a low emission model.

Air cargo remains an important driver, supported by global e-commerce boom and real-time logistics demand. On the commercial side, the premium economy and the ultra-long-hall route are re-shaping global travel trends. Digital changes in aviation are also receiving tractions with the use of IOT, AI, and operating efficiency, maintenance and future analysis for passenger services.

Emerging Developments in the Aviation Market

The aviation sector is undergoing major transformation, with electric and hybrid-electric aircraft entering prototype and early certification stages for short-haul use. Urban air mobility (UAM) platforms, including EVTOL (electric vertical takeoff and landing) vehicles, are attracting billions in investment.

Autial systems, including AI-operated air traffic control and unmanned aircraft management, are being tested to handle future airspace. In addition, Airlines is giving priority to carbon-plate operations, leading to aggressive adopting SAFS, carbon offset programs and light content. Aerospace OEMs are also taking advantage of digital twins and blockchain for real -time monitoring, maintenance and aircraft life cycle management.

Major Companies in the Aviation Market

  • Airbus SE
  • The Boeing Company
  • Lockheed Martin Corporation
  • Raytheon Technologies Corporation
  • Embraer S.A.
  • General Electric Aviation
How Big is the Aviation Market: FAQs
The Aviation market is growing at a CAGR of around 4.4%.
Fleet modernization, passenger rebound, and cargo demand are the major factors of driving this growth.
Sustainability and supply chain constraints are the major challenges.
Asia-Pacific is leading the market due to expanding fleets and rising travel.
Electric aircraft, AI in air traffic, and digital twins are impacting the aviation market.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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