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Commercial Aircraft Market

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Global Commercial Aircraft Market to Soar Past US$ 330 Billion by End 2022;
Narrow Body Aircraft Segment has Greatest Potential
The commercial aircraft market is driven by a number of factors such as skyrocketing
passenger traffic, aviation network infrastructural improvements, development of
quieter and fuel-efficient aircraft, and government initiatives taken by several
national governments encouraging the domestic commercial aircraft market. Some of
these include liberalized taxation regions, R&D investments, and measures that aid
the indigenous manufacturing of commercial aircraft. The commercial aircraft market
is projected to witness a modest CAGR of 4.1% for the period from 2017 to 2022.
Commercial aircraft are those aircraft that ferry millions of passengers from one
corner of the globe to the other in a matter of hours or those that transport huge
volumes of cargo. Commercial aviation boomed after the Second World War with the
beginnings largely attributed to ex-military aircraft being crudely modified to
transport cargo or passengers. Modern day commercial aircraft have come a long way
since and thus Persistence Market Research felt the need to research the commercial
aircraft market in its upcoming report. The commercial aircraft market is expected to
surge past a value of US$ 330 billion by the end of the forecast period.
It can be safely assumed that the future of the commercial aircraft market lies in the
APEJ region as the fundamentals of this region are quite strong. Booming economic
growth, a rising middle class in China and India demanding greater air connectivity
and travel options for business and leisure, coupled with government initiatives
encouraging domestic manufacturing should ensure that this region remains
paramount in commercial aircraft market
Profiled companies in the report are Avions de transport regional, Pilatus Aircraft
Ltd., Piaggio Aero Industries SpA, General Dynamics Corporation, Dassault Aviation
SA, Textron, Bombardier, Embraer SA, Airbus SE, and The Boeing Co.
Report Overview with TOC @ https://www.persistencemarketresearch.com/marketresearch/commercial-aircraft-market/toc
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research
model is a unique collaboration of data analytics and market research methodology to
help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a
multi-disciplinary approach. At PMR, we unite various data streams from multidimensional sources. By deploying real-time data collection, big data, and customer
experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
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