Market Share of Asia-Pacific Commercial Aircraft Industry
The Asian-Pacific commercial aircraft market is a highly consolidated market, with prominent players dominating and controlling the industry entirely. Some prominent companies in the Asia-Pacific Commercial Aircraft Market are Airbus, The Boeing Company, Mitsubishi, and Comac (CAIC). Mitsubishi and Comac (CAIC) both plan to launch their regional jets sometime in 2022-2023 and hope to gain 200-300 orders during the forecast period as countries connect their non-metro and remote cities to the larger airports domestically. China and India are both leading in this market and are expected to be key consumers of regional jets during the forecast period. Companies are investing heavily in research and development to innovate new and advanced aircraft that may be safe and reliable. Such breakthrough technologies are expected to help the companies gain new contracts and increase their market presence.
APAC Commercial Aircraft Market Leaders
-
Boeing
-
Airbus
-
Embraer
-
Commercial Aircraft Corporation of China,Ltd.
-
MITSUBISHI HEAVY INDUSTRIES, LTD.
-
Rostec
-
ATR
*Disclaimer: Major Players sorted in no particular order
