How big is the Commercial Aircraft Market | Size, Demand & Fleet Expansion 2025

Q: What is the current size of the commercial aircraft market?

The commercial aircraft market was valued at USD 161.2 billion in 2024 and is projected to reach USD 248.7 billion by 2031.

Q: What is the growth rate of the commercial aircraft market?

The commercial aircraft market is expected to grow at a CAGR of 6.4% during the forecast period of 2025 to 2031.

Q: Which applications contribute the most in the commercial aircraft market?

Passenger air transport, regional connectivity, air cargo services, and low-cost carrier operations.

Q: What is driving demand in the commercial aircraft market?

Air travel resurgence, fleet upgrades, cost-efficient aircraft models, and sustainable aviation goals.

Q: What challenges does the commercial aircraft market face?

Supply chain disruptions, high R&D costs, regulatory delays, and fluctuating fuel prices.

Q: How does 6W market outlook report help businesses in making decisions?

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.

Q: Do you also provide customisation in the market study?

Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

Code: MTA5686

Publication Date: Jul 2025

How big is the Commercial Aircraft Market?

According to 6Wresearch internal database and industry insights, the Global commercial aircraft market was valued at approximately USD 161.2 billion in 2024 and is projected to reach USD 248.7 billion by 2031, growing at a CAGR of 6.4%.

This growth is driven by rising air travel demand, airline fleet modernization programs, and increased investments in fuel-efficient, next-generation aircraft.

Key Growth Drivers of the Commercial Aircraft Market

Post-pandemic recovery and growing global air passenger traffic
Fleet expansion by low-cost carriers and regional airlines
Rising fuel prices driving demand for energy-efficient aircraft
Technological advancements in lightweight materials and avionics
Strong economic growth and tourism driving regional air connectivity

Commercial Aircraft Market Trends

The Commercial Aircraft Market is seeing a strong shift toward narrow-body and regional jets for short to medium-haul routes. Airlines are investing in sustainable aviation technologies, including hybrid-electric and hydrogen-powered prototypes. Composite materials and additive manufacturing are increasingly used in aircraft construction. Enhanced in-flight connectivity and passenger experience systems are becoming standard. OEMs are also developing smart maintenance platforms powered by IoT and predictive analytics.

Emerging Developments in the Commercial Aircraft Market

The recent turn is incorporating the AI-assisted flight optimization systems of the fuel consumption process and the prediction of the route. Green propulsion Manufacturers are speeding research and development of green propulsion systems as they attempt to reach net-zero emissions. Electric vertical take off and landing (eVTOL) aircraft and urban air mobility (UAM) are coming up as a futuristic intra-city travelling solution. The emergence of tailored fleet and aftermarket service eco-systems has begun to be steered by strategic alliances between aircraft manufacturers and air operators.