| Product Code: ETC11506062 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
The commercial aerospace import shipments to India in 2024 show a significant increase in concentration, with top exporting countries being the USA, Metropolitan France, Germany, Italy, and China. The industry experienced a high growth rate of 10.19% in 2024, contributing to the impressive compound annual growth rate of 74.07% from 2020 to 2024. This data suggests a growing demand for commercial aerospace products in India, with key players from around the world actively participating in the market.

The India commercial aerospace market is experiencing significant growth driven by factors such as increasing passenger traffic, government initiatives to promote air connectivity, and the expansion of low-cost carriers. The country`s growing economy has led to a rise in air travel demand, prompting airlines to invest in modernizing their fleets with fuel-efficient aircraft. Additionally, the government`s focus on upgrading airports and infrastructure to accommodate the growing air traffic has further fueled the demand for commercial aircraft. With a burgeoning middle class population and rising disposable incomes, the Indian commercial aerospace market is expected to continue expanding, presenting lucrative opportunities for aircraft manufacturers, suppliers, and service providers looking to capitalize on the country`s booming aviation sector.
The commercial aerospace market in India is experiencing several key trends. One significant trend is the increasing demand for air travel, driven by factors such as rising disposable incomes, urbanization, and government initiatives to improve regional connectivity. This has led to a growing number of airlines expanding their fleets and routes to cater to the growing passenger demand. Additionally, there is a focus on modernizing and upgrading existing infrastructure, such as airports and air traffic management systems, to accommodate the increasing air traffic. Another notable trend is the emergence of new technologies, such as sustainable aviation fuels and electric propulsion, as the industry seeks to reduce its environmental impact and operating costs. Overall, these trends are shaping the commercial aerospace market in India and presenting opportunities for growth and innovation.
The commercial aerospace market in India faces several challenges, including limited infrastructure and airport capacity, regulatory complexities, high operational costs, and competition from established global players. Additionally, the industry is heavily dependent on government policies and regulations, which can create uncertainty and hinder growth opportunities. Infrastructure constraints such as lack of adequate maintenance facilities and skilled workforce further impede the sector`s development. Moreover, the volatility of fuel prices and currency exchange rates adds another layer of complexity for airlines operating in the Indian market. Addressing these challenges will require collaborative efforts from industry stakeholders, policymakers, and regulators to create a conducive environment for sustained growth and development of the commercial aerospace sector in India.
The commercial aerospace market in India presents promising investment opportunities due to the country`s rapidly growing aviation industry. With increasing passenger traffic, expansion of airports, and government initiatives like UDAN (Regional Connectivity Scheme), there is a rising demand for new aircraft, maintenance services, and related infrastructure. Investing in aircraft manufacturing, leasing companies, MRO (Maintenance, Repair, and Overhaul) facilities, and technology solutions for airlines and airports could be lucrative ventures. Additionally, partnerships with Indian aviation companies, government collaborations, and participation in upcoming projects like the development of greenfield airports offer potential for growth and profitability in the dynamic Indian commercial aerospace market.
The Indian government has implemented several policies to support the growth of the commercial aerospace market in the country. Initiatives such as the Regional Connectivity Scheme (UDAN) aim to improve aviation infrastructure and promote regional air connectivity. The Civil Aviation Policy focuses on enhancing the ease of doing business in the sector by streamlining regulatory processes and encouraging foreign direct investment. Additionally, the Make in India program incentivizes domestic manufacturing of aerospace components and equipment to boost self-reliance and create employment opportunities. These policies collectively aim to stimulate growth in the Indian commercial aerospace sector, attract investments, and position India as a key player in the global aviation industry.
The future outlook for the India commercial aerospace market appears promising, driven by factors such as increasing air travel demand, government initiatives to promote domestic manufacturing, and a growing middle-class population. The Indian government`s emphasis on infrastructure development, including the modernization of airports and investment in aviation technology, is expected to further boost the sector. With a rising number of budget airlines and increasing international partnerships, the Indian commercial aerospace market is likely to witness sustained growth in aircraft orders, MRO services, and aviation-related investments in the coming years. However, challenges such as infrastructure constraints, regulatory issues, and skilled labor shortages may need to be addressed to fully capitalize on the market`s potential.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Commercial Aerospace Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Commercial Aerospace Market Revenues & Volume, 2021 & 2031F |
3.3 India Commercial Aerospace Market - Industry Life Cycle |
3.4 India Commercial Aerospace Market - Porter's Five Forces |
3.5 India Commercial Aerospace Market Revenues & Volume Share, By Aircraft Type, 2021 & 2031F |
3.6 India Commercial Aerospace Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 India Commercial Aerospace Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 India Commercial Aerospace Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.9 India Commercial Aerospace Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
4 India Commercial Aerospace Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for air travel in India due to increasing disposable income and urbanization |
4.2.2 Government initiatives to boost the aerospace industry through policies and investments |
4.2.3 Technological advancements leading to the development of more fuel-efficient and cost-effective aircraft |
4.3 Market Restraints |
4.3.1 Regulatory challenges and bureaucratic hurdles in the Indian aerospace industry |
4.3.2 High competition from established global aerospace companies |
4.3.3 Economic volatility impacting investment decisions in the aerospace sector |
5 India Commercial Aerospace Market Trends |
6 India Commercial Aerospace Market, By Types |
6.1 India Commercial Aerospace Market, By Aircraft Type |
6.1.1 Overview and Analysis |
6.1.2 India Commercial Aerospace Market Revenues & Volume, By Aircraft Type, 2021 - 2031F |
6.1.3 India Commercial Aerospace Market Revenues & Volume, By Narrow-Body, 2021 - 2031F |
6.1.4 India Commercial Aerospace Market Revenues & Volume, By Wide-Body, 2021 - 2031F |
6.1.5 India Commercial Aerospace Market Revenues & Volume, By Regional Jets, 2021 - 2031F |
6.1.6 India Commercial Aerospace Market Revenues & Volume, By Business Jets, 2021 - 2031F |
6.2 India Commercial Aerospace Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 India Commercial Aerospace Market Revenues & Volume, By Engines, 2021 - 2031F |
6.2.3 India Commercial Aerospace Market Revenues & Volume, By Avionics, 2021 - 2031F |
6.2.4 India Commercial Aerospace Market Revenues & Volume, By Airframes, 2021 - 2031F |
6.2.5 India Commercial Aerospace Market Revenues & Volume, By Landing Gear, 2021 - 2031F |
6.3 India Commercial Aerospace Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Commercial Aerospace Market Revenues & Volume, By Passenger Transport, 2021 - 2031F |
6.3.3 India Commercial Aerospace Market Revenues & Volume, By Cargo Transport, 2021 - 2031F |
6.3.4 India Commercial Aerospace Market Revenues & Volume, By Business Travel, 2021 - 2031F |
6.3.5 India Commercial Aerospace Market Revenues & Volume, By Military Contracts, 2021 - 2031F |
6.4 India Commercial Aerospace Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 India Commercial Aerospace Market Revenues & Volume, By Airlines, 2021 - 2031F |
6.4.3 India Commercial Aerospace Market Revenues & Volume, By Leasing Companies, 2021 - 2031F |
6.4.4 India Commercial Aerospace Market Revenues & Volume, By Government, 2021 - 2031F |
6.4.5 India Commercial Aerospace Market Revenues & Volume, By Charter Services, 2021 - 2031F |
6.5 India Commercial Aerospace Market, By Manufacturing Process |
6.5.1 Overview and Analysis |
6.5.2 India Commercial Aerospace Market Revenues & Volume, By 3D Printing, 2021 - 2031F |
6.5.3 India Commercial Aerospace Market Revenues & Volume, By CNC Machining, 2021 - 2031F |
6.5.4 India Commercial Aerospace Market Revenues & Volume, By Composite Materials, 2021 - 2031F |
6.5.5 India Commercial Aerospace Market Revenues & Volume, By AI-Based Design, 2021 - 2031F |
7 India Commercial Aerospace Market Import-Export Trade Statistics |
7.1 India Commercial Aerospace Market Export to Major Countries |
7.2 India Commercial Aerospace Market Imports from Major Countries |
8 India Commercial Aerospace Market Key Performance Indicators |
8.1 Average fleet age of commercial aircraft in India |
8.2 Number of new aircraft orders from Indian airlines |
8.3 Research and development investment in aerospace technology in India |
9 India Commercial Aerospace Market - Opportunity Assessment |
9.1 India Commercial Aerospace Market Opportunity Assessment, By Aircraft Type, 2021 & 2031F |
9.2 India Commercial Aerospace Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 India Commercial Aerospace Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 India Commercial Aerospace Market Opportunity Assessment, By End User, 2021 & 2031F |
9.5 India Commercial Aerospace Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
10 India Commercial Aerospace Market - Competitive Landscape |
10.1 India Commercial Aerospace Market Revenue Share, By Companies, 2024 |
10.2 India Commercial Aerospace Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |