General Aviation Market Size, Share, and Growth 2024-2031
General Aviation Market: Strategic Insights
General Aviation Market
-
CAGR (2023 - 2031)5.2% -
Market Size 2023
US$ 26.79 billion -
Market Size 2031
US$ 40.59 billion
Market Dynamics
GROWTH DRIVERS
- Increasing Demand for Charter Aviation
- Surge in Demand for Business Jets
FUTURE TRENDS
- Demand for Electrification and Overhaul Services for Existing Fleet
OPPORTUNITIES
- Introduction of Electric Aircraft
Key Players
- Airbus
- Boeing
- Leonardo S p A
- Saab AB
- Dassault Aviation
- PILATUS AIRCRAFT LTD
- Textron Inc
- Bombardier
- Gulfstream Aerospace Corporation
- Embraer
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Component
- Avionics
- Airframe
- Landing Gears
- Engine
Aircraft
- Fixed Wing
- Rotary Wing