General Aviation Market Size
| Icons | Lable | Value |
|---|---|---|
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Study Period | 2017 - 2030 |
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Market Size (2024) | USD 33.28 Billion |
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Market Size (2030) | USD 43.11 Billion |
|
Largest Share by Sub Aircraft Type | Business Jets |
|
|
CAGR (2024 - 2030) | 4.41 % |
|
Largest Share by Region | North America |
|
|
Market Concentration | Medium |
Major Players |
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*Disclaimer: Major Players sorted in alphabetical order. |
General Aviation Market Analysis
The General Aviation Market size is estimated at 33.28 billion USD in 2024, and is expected to reach 43.11 billion USD by 2030, growing at a CAGR of 4.41% during the forecast period (2024-2030).
33.3 B
Market Size in 2024 (USD)
43.1 B
Market Size in 2030 (USD)
23260
Total Deliveries in the Historic Period (2017-2023)
31121
Total Deliveries during the Forecast Period (2024-2030)
Largest Market by Sub-Aircraft Type
74.26 %
value share, Business Jets, 2023
The increasing number of high net-worth individuals (HNWIs) and ultra high net-worth individuals (UHNWIs) across all the regions acts as a major driver for the market's growth.
Fastest-growing Market by Sub-Aircraft Type
6.90 %
Projected CAGR, Piston Fixed-Wing Aircraft, 2024-2030
Consumers' preference for premium quality and convenient jets with large and personalized spaces is driving the adoption rate.
Largest Market by Body Type
82.01 %
value share, Large Jet, 2023
The increasing preference for large jets is driving the demand. Therefore, manufacturers offer consumers a wide range of products according to their preferences.
Largest Market by Region
63.31 %
value share, North America, 2023
The United States is the major contributor to the growth of the market in the region because of its strong economy and increased procurement of various types of private aircraft.
Leading Market Player
25.08 %
market share, General Dynamics Corporation, 2022
General Dynamics Corporation, through its subsidiary Gulfstream Aerospace, provides a vast number of general aviation aircraft across all regions, making it a leading player.
The increasing number of HNWIs is acting as a catalyst for the increased demand for private travel
- Growth in the HNWI and UHNWI populations globally is acting as a catalyst for the increased demand for private travel, subsequently driving the procurement of helicopters and business jets with enhanced cabin interiors. For instance, from 2017 to 2022, the HNWI population increased by 83% globally.
- With the growth in the tourism sector in various regions, many charter operators and tourism companies are planning to expand their fleets by introducing new piston-engine aircraft, turboprop aircraft, and helicopters. This trend is helping them further expand their presence globally. The growing concerns over aviation emissions shifted the focus of manufacturers toward the development of all-electric aircraft. New electric aircraft models are likely to be developed in the future.
- The piston fixed-wing aircraft maintained a share of around 35% of the overall general aviation aircraft delivered globally during 2017-2022. Over the next 20 years, 7,63,000 new civil aviation pilots will be required to operate and maintain the world fleet. Agricultural applications, such as aerial application of pesticides or fertilizers and hydro-seeding, have also aided the procurement of piston aircraft.
- In terms of value, business jets have the largest share. Of the total business jets present, nearly 93% are wholly owned, while the rest have shared and fractional ownership. The light jet segment dominated the market with 46%, followed by large jets with 26%, and mid-size jets with 24%. During 2023-2030, approximately 6000 business jets are expected to be delivered globally.
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- The global general aviation sector was impacted by the COVID-19 pandemic. In the shorter term, deliveries declined by 13% in 2020 and 2021. However, the surge in the utilization of helicopters, business jets, and other aircraft and the plans to procure new jets for transportation and charter operations are expected to remain unaffected in the long term, which may aid the growth of the general aviation market during the forecast period.
- Due to the growth of HNWIs and UHNWIs globally, there has been an increase in the demand for private travel, subsequently driving the procurement of helicopters and business jets with enhanced cabin interiors. From 2016 to 2021, the global UHNWI population increased from 348,355 in 2016 to 610,569 in 2021, a growth of around 75%.
- North America was the most dominating region globally in terms of deliveries, accounting for around 71% of the global business jet deliveries in 2021. Similarly, turboprop and piston aircraft accounted for 53% and 69% of the global deliveries in their category.
- In Europe, there is an increasing adoption of private jets for intra-region travel by most HNWIs due to the commercial airlines' cancellations of intra-region flights amid staff shortages.
- The growing demand for general aviation services globally, with significant recovery after the pandemic in the major markets, such as North America, Europe, and the Middle East, is expected to aid the global general aviation market. Around 29,000 aircraft comprising business jets, helicopters, turboprops, and piston aircraft are expected to be delivered globally during 2022-2028.
Global General Aviation Market Trends
The HNWI population is booming and is expected to be the biggest growth driver for the market
- HNWIs have over USD 1 million in liquid financial assets, while UHNWIs have a net worth of at least USD 30 million. From 2017 to 2022, there was a surge of around 90% in the HNWI population in the region. In 2022, the number of HNWIs in Asia-Pacific increased by 2% compared to 2020.
- Japan witnessed a growth rate of 15% in 2022. The slow growth of the HNWI population in major countries has affected the overall wealth growth in Asia-Pacific. In China, the increase in average wealth led to more than 70% in the number of millionaires. Asia-Pacific is emerging as the leading destination for wealth management and private banking globally, driven by the growing wealth in the region, the increasing HNWI population, and its need for financial advice.
- Factors such as a change in political leadership and low consumption during the pandemic impacted the Japanese Stock market, Nikkei 225, and hampered the growth of HNWIs in the country. Developing countries such as India, Vietnam, and Thailand witnessed growth in HNWIs compared to the leading Asia-Pacific countries. In 202, India witnessed a growth of over 292% in its HNWI population. Thailand and Vietnam witnessed a growth of around 21% and 13%, respectively. High liquidity support by central banks, supportive domestic policy, and stability in the stock markets aided the growth of HNWIs in these countries. Technology, industrial conglomerates, energy, and real estate were the major sectors that accounted for most of the Asia-Pacific HNWI population.
_By_Country__Number_of_HNWIs__Global__2017_-_2030.svg)
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OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Rise in the HNWI population acting as the major growth driver for the market
- Rise in the HNWI population is acting as the major growth driver for the market
- Oil and gas and real estate were the major industries that boosted the growth of HNWIs in the Middle East
- The trend of migration in South America's HNWI population has been witnessed in the last several years
General Aviation Industry Overview
The General Aviation Market is moderately consolidated, with the top five companies occupying 62.49%. The major players in this market are Bombardier Inc., Dassault Aviation, Embraer, General Dynamics Corporation and Textron Inc. (sorted alphabetically).
General Aviation Market Leaders
Bombardier Inc.
Dassault Aviation
Embraer
General Dynamics Corporation
Textron Inc.
Other important companies include Airbus SE, Cirrus Design Corporation, Honda Motor Co., Ltd., Leonardo S.p.A, Pilatus Aircraft Ltd, Robinson Helicopter Company Inc..
*Disclaimer: Major Players sorted in alphabetical order.
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General Aviation Market News
- October 2023: Textron Aviation announced that it entered a purchase agreement with Fly Alliance for up to 20 Cessna Citation business jets, with options for 16 additional aircraft. Fly Alliance is expected to use the aircraft for its luxury private jet charter operations. It expected the delivery of the first aircraft, an XLS Gen2, in 2023.
- June 2023: Gulfstream Aerospace Corp. announced further expansion of its completions and outfitting operations at the St. Louis Downtown Airport. With this latest expansion, Gulfstream is expected to increase completion operations at the site while modernizing its existing spaces by adding new, state-of-the-art equipment and tooling, representing a total capital investment of USD 28.5 million.
- June 2023: Gulfstream Aerospace Corp. announced further expansion of its completions and outfitting operations at St. Louis Downtown Airport. With this latest expansion, Gulfstream expects to increase operations at the site while modernizing its existing spaces by adding new, state-of-the-art equipment and tooling, representing a total capital investment of USD 28.5 million.
Free with this Report
We provide a complimentary and exhaustive set of data points on global and regional metrics that present the fundamental structure of the industry. Presented in the form of 45+ free charts, the section covers data on commercial aircraft deliveries by manufacturer, backlogs of commercial aircraft, active military aircraft fleet by type of aircraft, overall business jets and helicopters fleet by manufacturer and also classified by type of ownership.
General Aviation Market Report - Table of Contents
EXECUTIVE SUMMARY & KEY FINDINGS
REPORT OFFERS
1. INTRODUCTION
1.1. Study Assumptions & Market Definition
1.2. Scope of the Study
1.3. Research Methodology
2. KEY INDUSTRY TRENDS
2.1. High-net-worth Individual (hnwi)
2.1.1. Asia-Pacific
2.1.2. Europe
2.1.3. Middle East and Africa
2.1.4. North America
2.1.5. South America
2.2. Regulatory Framework
2.3. Value Chain Analysis
3. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2030 and analysis of growth prospects)
3.1. Sub Aircraft Type
3.1.1. Business Jets
3.1.1.1. Large Jet
3.1.1.2. Light Jet
3.1.1.3. Mid-Size Jet
3.1.2. Piston Fixed-Wing Aircraft
3.1.3. Others
3.2. Region
3.2.1. Asia-Pacific
3.2.1.1. Australia
3.2.1.2. China
3.2.1.3. India
3.2.1.4. Indonesia
3.2.1.5. Japan
3.2.1.6. Malaysia
3.2.1.7. Philippines
3.2.1.8. Singapore
3.2.1.9. South Korea
3.2.1.10. Thailand
3.2.1.11. Rest of Asia-Pacific
3.2.2. Europe
3.2.2.1. France
3.2.2.2. Germany
3.2.2.3. Italy
3.2.2.4. Netherlands
3.2.2.5. Russia
3.2.2.6. Spain
3.2.2.7. UK
3.2.2.8. Rest of Europe
3.2.3. Middle East and Africa
3.2.3.1. Algeria
3.2.3.2. Egypt
3.2.3.3. Qatar
3.2.3.4. Saudi Arabia
3.2.3.5. South Africa
3.2.3.6. Turkey
3.2.3.7. United Arab Emirates
3.2.3.8. Rest of Middle East and Africa
3.2.4. North America
3.2.4.1. Canada
3.2.4.2. Mexico
3.2.4.3. United States
3.2.4.4. Rest of North America
3.2.5. South America
3.2.5.1. Brazil
3.2.5.2. Chile
3.2.5.3. Colombia
3.2.5.4. Rest of South America
4. COMPETITIVE LANDSCAPE
4.1. Key Strategic Moves
4.2. Market Share Analysis
4.3. Company Landscape
4.4. Company Profiles
4.4.1. Airbus SE
4.4.2. Bombardier Inc.
4.4.3. Cirrus Design Corporation
4.4.4. Dassault Aviation
4.4.5. Embraer
4.4.6. General Dynamics Corporation
4.4.7. Honda Motor Co., Ltd.
4.4.8. Leonardo S.p.A
4.4.9. Pilatus Aircraft Ltd
4.4.10. Robinson Helicopter Company Inc.
4.4.11. Textron Inc.
5. KEY STRATEGIC QUESTIONS FOR AVIATION CEOS
6. APPENDIX
6.1. Global Overview
6.1.1. Overview
6.1.2. Porter’s Five Forces Framework
6.1.3. Global Value Chain Analysis
6.1.4. Market Dynamics (DROs)
6.2. Sources & References
6.3. List of Tables & Figures
6.4. Primary Insights
6.5. Data Pack
6.6. Glossary of Terms
List of Tables & Figures
- Figure 1:
- POPULATION OF HIGH-NET-WORTH INDIVIDUAL (HNWI) BY COUNTRY, NUMBER OF HNWIS, GLOBAL, 2017 - 2030
- Figure 2:
- POPULATION OF HIGH-NET-WORTH INDIVIDUAL (HNWI) BY COUNTRY, NUMBER OF HNWIS, GLOBAL, 2017 - 2030
- Figure 3:
- POPULATION OF HIGH-NET-WORTH INDIVIDUAL (HNWI) BY COUNTRY, NUMBER OF HNWIS, GLOBAL, 2017 - 2030
- Figure 4:
- POPULATION OF HIGH-NET-WORTH INDIVIDUAL (HNWI) BY COUNTRY, NUMBER OF HNWIS, GLOBAL, 2017 - 2030
- Figure 5:
- POPULATION OF HIGH-NET-WORTH INDIVIDUAL (HNWI) BY COUNTRY, NUMBER OF HNWIS, GLOBAL, 2017 - 2030
- Figure 6:
- NUMBER OF NEW AIRCRAFT DELIVERIES, VOLUME, GLOBAL, 2017 - 2030
- Figure 7:
- NUMBER OF NEW AIRCRAFT DELIVERIES, USD, GLOBAL, 2017 - 2030
- Figure 8:
- GENERAL AVIATION DELIVERIES BY SUB AIRCRAFT TYPE, VOLUME, GLOBAL, 2017 - 2030
- Figure 9:
- GENERAL AVIATION DELIVERIES BY SUB AIRCRAFT TYPE, USD, GLOBAL, 2017 - 2030
- Figure 10:
- GENERAL AVIATION DELIVERIES BY SUB AIRCRAFT TYPE, VOLUME %, GLOBAL, 2017 VS 2023 VS 2030
- Figure 11:
- GENERAL AVIATION DELIVERIES BY SUB AIRCRAFT TYPE, VALUE %, GLOBAL, 2017 VS 2023 VS 2030
- Figure 12:
- BUSINESS JETS DELIVERIES BY BODY TYPE, VOLUME, GLOBAL, 2017 - 2030
- Figure 13:
- BUSINESS JETS DELIVERIES BY BODY TYPE, USD, GLOBAL, 2017 - 2030
- Figure 14:
- BUSINESS JETS DELIVERIES BY BODY TYPE, VOLUME %, GLOBAL, 2017 VS 2023 VS 2030
- Figure 15:
- BUSINESS JETS DELIVERIES BY BODY TYPE, VALUE %, GLOBAL, 2017 VS 2023 VS 2030
- Figure 16:
- GLOBAL GENERAL AVIATION MARKET, BY LARGE JET, UNITS, 2017 - 2030
- Figure 17:
- GLOBAL GENERAL AVIATION MARKET, BY LARGE JET, USD, 2017 - 2030
- Figure 18:
- GLOBAL GENERAL AVIATION MARKET, BY BODY TYPE, USD, %, 2023 VS 2030
- Figure 19:
- GLOBAL GENERAL AVIATION MARKET, BY LIGHT JET, UNITS, 2017 - 2030
- Figure 20:
- GLOBAL GENERAL AVIATION MARKET, BY LIGHT JET, USD, 2017 - 2030
- Figure 21:
- GLOBAL GENERAL AVIATION MARKET, BY BODY TYPE, USD, %, 2023 VS 2030
- Figure 22:
- GLOBAL GENERAL AVIATION MARKET, BY MID-SIZE JET, UNITS, 2017 - 2030
- Figure 23:
- GLOBAL GENERAL AVIATION MARKET, BY MID-SIZE JET, USD, 2017 - 2030
- Figure 24:
- GLOBAL GENERAL AVIATION MARKET, BY BODY TYPE, USD, %, 2023 VS 2030
- Figure 25:
- GLOBAL GENERAL AVIATION MARKET, BY PISTON FIXED-WING AIRCRAFT, UNITS, 2017 - 2030
- Figure 26:
- GLOBAL GENERAL AVIATION MARKET, BY PISTON FIXED-WING AIRCRAFT, USD, 2017 - 2030
- Figure 27:
- GLOBAL GENERAL AVIATION MARKET, BY SUB AIRCRAFT TYPE, USD, %, 2023 VS 2030
- Figure 28:
- GLOBAL GENERAL AVIATION MARKET, BY OTHERS, UNITS, 2017 - 2030
- Figure 29:
- GLOBAL GENERAL AVIATION MARKET, BY OTHERS, USD, 2017 - 2030
- Figure 30:
- GLOBAL GENERAL AVIATION MARKET, BY SUB AIRCRAFT TYPE, USD, %, 2023 VS 2030
- Figure 31:
- GENERAL AVIATION DELIVERIES BY REGION, VOLUME, GLOBAL, 2017 - 2030
- Figure 32:
- GENERAL AVIATION DELIVERIES BY REGION, USD, GLOBAL, 2017 - 2030
- Figure 33:
- GENERAL AVIATION DELIVERIES BY REGION, VOLUME %, GLOBAL, 2017 VS 2023 VS 2030
- Figure 34:
- GENERAL AVIATION DELIVERIES BY REGION, VALUE %, GLOBAL, 2017 VS 2023 VS 2030
- Figure 35:
- GENERAL AVIATION DELIVERIES BY COUNTRY, VOLUME, ASIA-PACIFIC, 2017 - 2030
- Figure 36:
- GENERAL AVIATION DELIVERIES BY COUNTRY, USD, ASIA-PACIFIC, 2017 - 2030
- Figure 37:
- GENERAL AVIATION DELIVERIES BY COUNTRY, VOLUME %, ASIA-PACIFIC, 2017 VS 2023 VS 2030
- Figure 38:
- GENERAL AVIATION DELIVERIES BY COUNTRY, VALUE %, ASIA-PACIFIC, 2017 VS 2023 VS 2030
- Figure 39:
- GLOBAL GENERAL AVIATION MARKET, BY AUSTRALIA, UNITS, 2017 - 2030
- Figure 40:
- GLOBAL GENERAL AVIATION MARKET, BY AUSTRALIA, USD, 2017 - 2030
- Figure 41:
- GENERAL AVIATION DELIVERIES SHARE, VALUE, %, AUSTRALIA, 2023 VS 2030
- Figure 42:
- GLOBAL GENERAL AVIATION MARKET, BY CHINA, UNITS, 2017 - 2030
- Figure 43:
- GLOBAL GENERAL AVIATION MARKET, BY CHINA, USD, 2017 - 2030
- Figure 44:
- GENERAL AVIATION DELIVERIES SHARE, VALUE, %, CHINA, 2023 VS 2030
- Figure 45:
- GLOBAL GENERAL AVIATION MARKET, BY INDIA, UNITS, 2017 - 2030
- Figure 46:
- GLOBAL GENERAL AVIATION MARKET, BY INDIA, USD, 2017 - 2030
- Figure 47:
- GENERAL AVIATION DELIVERIES SHARE, VALUE, %, INDIA, 2023 VS 2030
- Figure 48:
- GLOBAL GENERAL AVIATION MARKET, BY INDONESIA, UNITS, 2017 - 2030
- Figure 49:
- GLOBAL GENERAL AVIATION MARKET, BY INDONESIA, USD, 2017 - 2030
- Figure 50:
- GENERAL AVIATION DELIVERIES SHARE, VALUE, %, INDONESIA, 2023 VS 2030
- Figure 51:
- GLOBAL GENERAL AVIATION MARKET, BY JAPAN, UNITS, 2017 - 2030
- Figure 52:
- GLOBAL GENERAL AVIATION MARKET, BY JAPAN, USD, 2017 - 2030
- Figure 53:
- GENERAL AVIATION DELIVERIES SHARE, VALUE, %, JAPAN, 2023 VS 2030
- Figure 54:
- GLOBAL GENERAL AVIATION MARKET, BY MALAYSIA, UNITS, 2017 - 2030
- Figure 55:
- GLOBAL GENERAL AVIATION MARKET, BY MALAYSIA, USD, 2017 - 2030
- Figure 56:
- GENERAL AVIATION DELIVERIES SHARE, VALUE, %, MALAYSIA, 2023 VS 2030
- Figure 57:
- GLOBAL GENERAL AVIATION MARKET, BY PHILIPPINES, UNITS, 2017 - 2030
- Figure 58:
- GLOBAL GENERAL AVIATION MARKET, BY PHILIPPINES, USD, 2017 - 2030
- Figure 59:
- GENERAL AVIATION DELIVERIES SHARE, VALUE, %, PHILIPPINES, 2023 VS 2030
- Figure 60:
- GLOBAL GENERAL AVIATION MARKET, BY SINGAPORE, UNITS, 2017 - 2030
- Figure 61:
- GLOBAL GENERAL AVIATION MARKET, BY SINGAPORE, USD, 2017 - 2030
- Figure 62:
- GENERAL AVIATION DELIVERIES SHARE, VALUE, %, SINGAPORE, 2023 VS 2030
- Figure 63:
- GLOBAL GENERAL AVIATION MARKET, BY SOUTH KOREA, UNITS, 2017 - 2030
- Figure 64:
- GLOBAL GENERAL AVIATION MARKET, BY SOUTH KOREA, USD, 2017 - 2030
- Figure 65:
- GENERAL AVIATION DELIVERIES SHARE, VALUE, %, SOUTH KOREA, 2023 VS 2030
- Figure 66:
- GLOBAL GENERAL AVIATION MARKET, BY THAILAND, UNITS, 2017 - 2030
- Figure 67:
- GLOBAL GENERAL AVIATION MARKET, BY THAILAND, USD, 2017 - 2030
- Figure 68:
- GENERAL AVIATION DELIVERIES SHARE, VALUE, %, THAILAND, 2023 VS 2030
- Figure 69:
- GLOBAL GENERAL AVIATION MARKET, BY REST OF ASIA-PACIFIC, UNITS, 2017 - 2030
- Figure 70:
- GLOBAL GENERAL AVIATION MARKET, BY REST OF ASIA-PACIFIC, USD, 2017 - 2030
- Figure 71:
- GENERAL AVIATION DELIVERIES SHARE, VALUE, %, REST OF ASIA-PACIFIC, 2023 VS 2030
- Figure 72:
- GENERAL AVIATION DELIVERIES BY COUNTRY, VOLUME, EUROPE, 2017 - 2030
- Figure 73:
- GENERAL AVIATION DELIVERIES BY COUNTRY, USD, EUROPE, 2017 - 2030
- Figure 74:
- GENERAL AVIATION DELIVERIES BY COUNTRY, VOLUME %, EUROPE, 2017 VS 2023 VS 2030
- Figure 75:
- GENERAL AVIATION DELIVERIES BY COUNTRY, VALUE %, EUROPE, 2017 VS 2023 VS 2030
- Figure 76:
- GLOBAL GENERAL AVIATION MARKET, BY FRANCE, UNITS, 2017 - 2030
- Figure 77:
- GLOBAL GENERAL AVIATION MARKET, BY FRANCE, USD, 2017 - 2030
- Figure 78:
- GENERAL AVIATION DELIVERIES SHARE, VALUE, %, FRANCE, 2023 VS 2030
- Figure 79:
- GLOBAL GENERAL AVIATION MARKET, BY GERMANY, UNITS, 2017 - 2030
- Figure 80:
- GLOBAL GENERAL AVIATION MARKET, BY GERMANY, USD, 2017 - 2030
- Figure 81:
- GENERAL AVIATION DELIVERIES SHARE, VALUE, %, GERMANY, 2023 VS 2030
- Figure 82:
- GLOBAL GENERAL AVIATION MARKET, BY ITALY, UNITS, 2017 - 2030
- Figure 83:
- GLOBAL GENERAL AVIATION MARKET, BY ITALY, USD, 2017 - 2030
- Figure 84:
- GENERAL AVIATION DELIVERIES SHARE, VALUE, %, ITALY, 2023 VS 2030
- Figure 85:
- GLOBAL GENERAL AVIATION MARKET, BY NETHERLANDS, UNITS, 2017 - 2030
- Figure 86:
- GLOBAL GENERAL AVIATION MARKET, BY NETHERLANDS, USD, 2017 - 2030
- Figure 87:
- GENERAL AVIATION DELIVERIES SHARE, VALUE, %, NETHERLANDS, 2023 VS 2030
- Figure 88:
- GLOBAL GENERAL AVIATION MARKET, BY RUSSIA, UNITS, 2017 - 2030
- Figure 89:
- GLOBAL GENERAL AVIATION MARKET, BY RUSSIA, USD, 2017 - 2030
- Figure 90:
- GENERAL AVIATION DELIVERIES SHARE, VALUE, %, RUSSIA, 2023 VS 2030
- Figure 91:
- GLOBAL GENERAL AVIATION MARKET, BY SPAIN, UNITS, 2017 - 2030
- Figure 92:
- GLOBAL GENERAL AVIATION MARKET, BY SPAIN, USD, 2017 - 2030
- Figure 93:
- GENERAL AVIATION DELIVERIES SHARE, VALUE, %, SPAIN, 2023 VS 2030
- Figure 94:
- GLOBAL GENERAL AVIATION MARKET, BY UK, UNITS, 2017 - 2030
- Figure 95:
- GLOBAL GENERAL AVIATION MARKET, BY UK, USD, 2017 - 2030
- Figure 96:
- GENERAL AVIATION DELIVERIES SHARE, VALUE, %, UK, 2023 VS 2030
- Figure 97:
- GLOBAL GENERAL AVIATION MARKET, BY REST OF EUROPE, UNITS, 2017 - 2030
- Figure 98:
- GLOBAL GENERAL AVIATION MARKET, BY REST OF EUROPE, USD, 2017 - 2030
- Figure 99:
- GENERAL AVIATION DELIVERIES SHARE, VALUE, %, REST OF EUROPE, 2023 VS 2030
- Figure 100:
- GENERAL AVIATION DELIVERIES BY COUNTRY, VOLUME, MIDDLE EAST AND AFRICA, 2017 - 2030
- Figure 101:
- GENERAL AVIATION DELIVERIES BY COUNTRY, USD, MIDDLE EAST AND AFRICA, 2017 - 2030
- Figure 102:
- GENERAL AVIATION DELIVERIES BY COUNTRY, VOLUME %, MIDDLE EAST AND AFRICA, 2017 VS 2023 VS 2030
- Figure 103:
- GENERAL AVIATION DELIVERIES BY COUNTRY, VALUE %, MIDDLE EAST AND AFRICA, 2017 VS 2023 VS 2030
- Figure 104:
- GLOBAL GENERAL AVIATION MARKET, BY ALGERIA, UNITS, 2017 - 2030
- Figure 105:
- GLOBAL GENERAL AVIATION MARKET, BY ALGERIA, USD, 2017 - 2030
- Figure 106:
- GENERAL AVIATION DELIVERIES SHARE, VALUE, %, ALGERIA, 2023 VS 2030
- Figure 107:
- GLOBAL GENERAL AVIATION MARKET, BY EGYPT, UNITS, 2017 - 2030
- Figure 108:
- GLOBAL GENERAL AVIATION MARKET, BY EGYPT, USD, 2017 - 2030
- Figure 109:
- GENERAL AVIATION DELIVERIES SHARE, VALUE, %, EGYPT, 2023 VS 2030
- Figure 110:
- GLOBAL GENERAL AVIATION MARKET, BY QATAR, UNITS, 2017 - 2030
- Figure 111:
- GLOBAL GENERAL AVIATION MARKET, BY QATAR, USD, 2017 - 2030
- Figure 112:
- GENERAL AVIATION DELIVERIES SHARE, VALUE, %, QATAR, 2023 VS 2030
- Figure 113:
- GLOBAL GENERAL AVIATION MARKET, BY SAUDI ARABIA, UNITS, 2017 - 2030
- Figure 114:
- GLOBAL GENERAL AVIATION MARKET, BY SAUDI ARABIA, USD, 2017 - 2030
- Figure 115:
- GENERAL AVIATION DELIVERIES SHARE, VALUE, %, SAUDI ARABIA, 2023 VS 2030
- Figure 116:
- GLOBAL GENERAL AVIATION MARKET, BY SOUTH AFRICA, UNITS, 2017 - 2030
- Figure 117:
- GLOBAL GENERAL AVIATION MARKET, BY SOUTH AFRICA, USD, 2017 - 2030
- Figure 118:
- GENERAL AVIATION DELIVERIES SHARE, VALUE, %, SOUTH AFRICA, 2023 VS 2030
- Figure 119:
- GLOBAL GENERAL AVIATION MARKET, BY TURKEY, UNITS, 2017 - 2029
- Figure 120:
- GLOBAL GENERAL AVIATION MARKET, BY TURKEY, USD, 2017 - 2029
- Figure 121:
- GENERAL AVIATION DELIVERIES SHARE, VALUE, %, TURKEY, 2023 VS 2030
- Figure 122:
- GLOBAL GENERAL AVIATION MARKET, BY UNITED ARAB EMIRATES, UNITS, 2017 - 2030
- Figure 123:
- GLOBAL GENERAL AVIATION MARKET, BY UNITED ARAB EMIRATES, USD, 2017 - 2030
- Figure 124:
- GENERAL AVIATION DELIVERIES SHARE, VALUE, %, UNITED ARAB EMIRATES, 2023 VS 2030
- Figure 125:
- GLOBAL GENERAL AVIATION MARKET, BY REST OF MIDDLE EAST AND AFRICA, UNITS, 2017 - 2030
- Figure 126:
- GLOBAL GENERAL AVIATION MARKET, BY REST OF MIDDLE EAST AND AFRICA, USD, 2017 - 2030
- Figure 127:
- GENERAL AVIATION DELIVERIES SHARE, VALUE, %, REST OF MIDDLE EAST AND AFRICA, 2023 VS 2030
- Figure 128:
- GENERAL AVIATION DELIVERIES BY COUNTRY, VOLUME, NORTH AMERICA, 2017 - 2030
- Figure 129:
- GENERAL AVIATION DELIVERIES BY COUNTRY, USD, NORTH AMERICA, 2017 - 2030
- Figure 130:
- GENERAL AVIATION DELIVERIES BY COUNTRY, VOLUME %, NORTH AMERICA, 2017 VS 2023 VS 2030
- Figure 131:
- GENERAL AVIATION DELIVERIES BY COUNTRY, VALUE %, NORTH AMERICA, 2017 VS 2023 VS 2030
- Figure 132:
- GLOBAL GENERAL AVIATION MARKET, BY CANADA, UNITS, 2017 - 2030
- Figure 133:
- GLOBAL GENERAL AVIATION MARKET, BY CANADA, USD, 2017 - 2030
- Figure 134:
- GENERAL AVIATION DELIVERIES SHARE, VALUE, %, CANADA, 2023 VS 2030
- Figure 135:
- GLOBAL GENERAL AVIATION MARKET, BY MEXICO, UNITS, 2017 - 2030
- Figure 136:
- GLOBAL GENERAL AVIATION MARKET, BY MEXICO, USD, 2017 - 2030
- Figure 137:
- GENERAL AVIATION DELIVERIES SHARE, VALUE, %, MEXICO, 2023 VS 2030
- Figure 138:
- GLOBAL GENERAL AVIATION MARKET, BY UNITED STATES, UNITS, 2017 - 2030
- Figure 139:
- GLOBAL GENERAL AVIATION MARKET, BY UNITED STATES, USD, 2017 - 2030
- Figure 140:
- GENERAL AVIATION DELIVERIES SHARE, VALUE, %, UNITED STATES, 2023 VS 2030
- Figure 141:
- GLOBAL GENERAL AVIATION MARKET, BY REST OF NORTH AMERICA, UNITS, 2017 - 2030
- Figure 142:
- GLOBAL GENERAL AVIATION MARKET, BY REST OF NORTH AMERICA, USD, 2017 - 2030
- Figure 143:
- GENERAL AVIATION DELIVERIES SHARE, VALUE, %, REST OF NORTH AMERICA, 2023 VS 2030
- Figure 144:
- GENERAL AVIATION DELIVERIES BY COUNTRY, VOLUME, SOUTH AMERICA, 2017 - 2030
- Figure 145:
- GENERAL AVIATION DELIVERIES BY COUNTRY, USD, SOUTH AMERICA, 2017 - 2030
- Figure 146:
- GENERAL AVIATION DELIVERIES BY COUNTRY, VOLUME %, SOUTH AMERICA, 2017 VS 2023 VS 2030
- Figure 147:
- GENERAL AVIATION DELIVERIES BY COUNTRY, VALUE %, SOUTH AMERICA, 2017 VS 2023 VS 2030
- Figure 148:
- GLOBAL GENERAL AVIATION MARKET, BY BRAZIL, UNITS, 2017 - 2030
- Figure 149:
- GLOBAL GENERAL AVIATION MARKET, BY BRAZIL, USD, 2017 - 2030
- Figure 150:
- GENERAL AVIATION DELIVERIES SHARE, VALUE, %, BRAZIL, 2023 VS 2030
- Figure 151:
- GLOBAL GENERAL AVIATION MARKET, BY CHILE, UNITS, 2017 - 2030
- Figure 152:
- GLOBAL GENERAL AVIATION MARKET, BY CHILE, USD, 2017 - 2030
- Figure 153:
- GENERAL AVIATION DELIVERIES SHARE, VALUE, %, CHILE, 2023 VS 2030
- Figure 154:
- GLOBAL GENERAL AVIATION MARKET, BY COLOMBIA, UNITS, 2017 - 2030
- Figure 155:
- GLOBAL GENERAL AVIATION MARKET, BY COLOMBIA, USD, 2017 - 2030
- Figure 156:
- GENERAL AVIATION DELIVERIES SHARE, VALUE, %, COLOMBIA, 2023 VS 2030
- Figure 157:
- GLOBAL GENERAL AVIATION MARKET, BY REST OF SOUTH AMERICA, UNITS, 2017 - 2030
- Figure 158:
- GLOBAL GENERAL AVIATION MARKET, BY REST OF SOUTH AMERICA, USD, 2017 - 2030
- Figure 159:
- GENERAL AVIATION DELIVERIES SHARE, VALUE, %, REST OF SOUTH AMERICA, 2023 VS 2030
- Figure 160:
- MOST ACTIVE COMPANIES, NUMBER OF STRATEGIC MOVES, GLOBAL, 2018-2023
- Figure 161:
- MOST ADOPTED STRATEGIES, COUNT, GLOBAL, 2018 - 2023
- Figure 162:
- MAJOR PLAYERS REVENUE SHARE (%), GLOBAL, 2023
General Aviation Industry Segmentation
Business Jets, Piston Fixed-Wing Aircraft, Others are covered as segments by Sub Aircraft Type. Asia-Pacific, Europe, Middle East and Africa, North America, South America are covered as segments by Region.
- Growth in the HNWI and UHNWI populations globally is acting as a catalyst for the increased demand for private travel, subsequently driving the procurement of helicopters and business jets with enhanced cabin interiors. For instance, from 2017 to 2022, the HNWI population increased by 83% globally.
- With the growth in the tourism sector in various regions, many charter operators and tourism companies are planning to expand their fleets by introducing new piston-engine aircraft, turboprop aircraft, and helicopters. This trend is helping them further expand their presence globally. The growing concerns over aviation emissions shifted the focus of manufacturers toward the development of all-electric aircraft. New electric aircraft models are likely to be developed in the future.
- The piston fixed-wing aircraft maintained a share of around 35% of the overall general aviation aircraft delivered globally during 2017-2022. Over the next 20 years, 7,63,000 new civil aviation pilots will be required to operate and maintain the world fleet. Agricultural applications, such as aerial application of pesticides or fertilizers and hydro-seeding, have also aided the procurement of piston aircraft.
- In terms of value, business jets have the largest share. Of the total business jets present, nearly 93% are wholly owned, while the rest have shared and fractional ownership. The light jet segment dominated the market with 46%, followed by large jets with 26%, and mid-size jets with 24%. During 2023-2030, approximately 6000 business jets are expected to be delivered globally.
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| Piston Fixed-Wing Aircraft | |||||
| Others |
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Market Definition
- Aircraft Type - General Aviation includes aircraft used for corporate aviation, business aviation and other aerial works.
- Sub-Aircraft Type - Business Jets, Piston Fixed-Wing Aircraft, and helicopters and turboprop aircraft are taken into consideration.
- Body Type - Light Jets, Mid-Size Jets, and Large Jets according to their ability to carry passengers and flying distance ranges have been included under this study.
| Keyword | Definition |
|---|---|
| IATA | IATA stands for the International Air Transport Association, a trade organization composed of airlines around the world that has an influence over the commercial aspects of flight. |
| ICAO | ICAO stands for International Civil Aviation Organization, a specialized agency of the United Nations that supports aviation and navigation around the globe. |
| Air Operator Certificate (AOC) | A certificate granted by a National Aviation Authority permitting the conduct of commercial flying activities. |
| Certificate Of Airworthiness (CoA) | A Certificate Of Airworthiness (CoA) is issued for an aircraft by the civil aviation authority in the state in which the aircraft is registered. |
| Gross Domestic Product (GDP) | Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced in a specific time period by countries. |
| RPK (Revenue Passenger Kilometres) | The RPK of an airline is the sum of the products obtained by multiplying the number of revenue passengers carried on each flight stage by the stage distance - it is the total number of kilometers traveled by all revenue passengers. |
| Load Factor | The load factor is a metric used in the airline industry that measures the percentage of available seating capacity that has been filled with passengers. |
| Original Equipment Manufacturer (OEM) | An original equipment manufacturer (OEM) traditionally is defined as a company whose goods are used as components in the products of another company, which then sells the finished item to users. |
| International Transportation Safety Association (ITSA) | International Transportation Safety Association (ITSA) is an international network of heads of independent safety investigation authorities (SIA). |
| Available Seats Kilometre (ASK) | This metric is calculated by multiplying Available Seats (AS) in one flight, defined above, multiplied by the distance flown. |
| Gross Weight | The fully-loaded weight of an aircraft, also known as “takeoff weight,” which includes the combined weight of passengers, cargo, and fuel. |
| Airworthiness | The ability of an aircraft, or other airborne equipment or system, to operate in flight and on the ground without significant hazard to aircrew, ground crew, passengers or to other third parties. |
| Airworthiness Standards | Detailed and comprehensive design and safety criteria applicable to the category of aeronautical product (aircraft, engine or propeller). |
| Fixed Base Operator (FBO) | A business or organization that operates at an airport. An FBO provides aircraft operating services like maintenance, fueling, flight training, charter services, hangaring, and parking. |
| High Net worth Individuals (HNWIs) | High Net worth Individuals (HNWIs) are individuals with over USD 1 million in liquid financial assets. |
| Ultra High Net worth Individuals (UHNWIs) | Ultra High Net worth Individuals (UHNWIs) are individuals with over USD 30 million in liquid financial assets. |
| Federal Aviation Administration (FAA) | The division of the Department of Transportation is concerned with aviation. It operates Air Traffic Control and regulates everything from aircraft manufacturing to pilot training to airport operations in the United States. |
| EASA (European Aviation Safety Agency) | The European Aviation Safety Agency is a European Union agency established in 2002 with the task of overseeing civil aviation safety and regulation. |
| Airborne Warning and Control System (AW&C) aircraft | Airborne Warning and Control System (AEW&C) aircraft is equipped with a powerful radar and on-board command and control center to direct the armed forces. |
| The North Atlantic Treaty Organization (NATO) | The North Atlantic Treaty Organization (NATO), also called the North Atlantic Alliance, is an intergovernmental military alliance between 30 member states – 28 European and two North American. |
| Joint Strike Fighter (JSF) | Joint Strike Fighter (JSF) is a development and acquisition program intended to replace a wide range of existing fighter, strike, and ground attack aircraft for the United States, the United Kingdom, Italy, Canada, Australia, the Netherlands, Denmark, Norway, and formerly Turkey. |
| Light Combat Aircraft (LCA) | A light combat aircraft (LCA) is a light, multirole jet/turboprop military aircraft, commonly derived from advanced trainer designs, designed for engaging in light combat. |
| Stockholm International Peace Research Institute (SIPRI) | Stockholm International Peace Research Institute (SIPRI) is an international institute that provides data, analysis, and recommendations for armed conflict, military expenditure, and arms trade as well as disarmament and arms control. |
| Maritime Patrol Aircraft (MPA) | A maritime patrol aircraft (MPA), also known as maritime reconnaissance aircraft is a fixed-wing aircraft designed to operate for long durations over water in maritime patrol roles, in particular, anti-submarine warfare (ASW), anti-ship warfare (AShW), and search and rescue (SAR). |
| Mach Number | The Mach number is defined as the ratio of true airspeed to the speed of sound at the altitude of a given aircraft. |
| Stealth Aircraft | Stealth is a Common term applied to low observable (LO) technology and doctrine, that makes an aircraft near invisible to radar, infrared or visual detection. |
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Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
- Step-2: Build a Market Model: Market-size estimations for the historical and forecast years have been provided in revenue and volume terms. For sales conversion to volume, the average selling price (ASP) is kept constant throughout the forecast period for each country, and inflation is not a part of the pricing.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
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