Global Aviation Market Size To Exceed USD 13.80 Billion By 2035 | CAGR of 14.05%

Global Aviation Market Size To Exceed USD 13.80 Billion By 2035

According to a research report published by Spherical Insights & Consulting, The Global Aviation Market size is expected to Grow from USD 3.25 Billion in 2024 to USD 13.80 Billion by 2035, at a CAGR of 14.05% during the forecast period 2025-2035.

Browse 210 Market Data Tables And 45 Figures Spread Through 190 Pages and In-Depth TOC On the" Global Aviation Market Size, Share, and COVID-19 Impact Analysis, By Offering (Aircraft Type (Commercial Aircraft, Business Jets, General Aviation Aircraft, Military Aircraft, Helicopters, UAVs/Drones, and Cargo Aircraft/Freighters), Systems / Components (Airframes, Engines, Avionics Systems, Cabin Interiors, Landing Gear, Aircraft Lighting, Flight Control Systems, Electrical Systems, Fuel Systems, Propulsion Systems, and Navigation & Communication Systems), Services (Maintenance, Repair & Overhaul (MRO), Engineering & Technical Services, Leasing & Fleet Management, Training & Simulation, Ground Handling, Aircraft Modifications & Upgrades, and Aviation IT Services)), By Technology (Conventional Aircraft, Electric & Hybrid-Electric Aircraft, SAF-Compatible (Sustainable Aviation Fuel), Autonomous / Remote Piloted, and Hydrogen Aircraft (Emerging)), By Payload / Capacity (Narrow-body, Wide-body, Regional Jets, Light & Very Light Jets, Heavy Cargo Aircraft, Medium & Light Cargo Aircraft, and Single-Engine vs Twin-Engine), By Application (Passenger Transportation, Cargo Transportation, Surveillance & Reconnaissance, Search & Rescue, Training, Aerial Survey & Mapping, and Tourism & Charter), By End User (Commercial Airlines, Business Aviation Operators, Military & Defense Forces, General Aviation Pilots/Owners, Cargo & Logistics Operators, Aircraft Leasing Companies, MRO Providers, and Airports & Ground Service Providers), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 – 2035. " Get Detailed Report Description Here:https://www.sphericalinsights.com/reports/aviation-market

The Term "Aviation Market" Size refers to the all-encompassing international system that includes all commercial ventures associated with air travel. It encompasses the trade of infrastructure, technologies, and services that make it possible to move people and goods by air. Airlines, airport operators, aircraft manufacturers, maintenance and repair companies, air navigation service providers, and regulatory bodies in charge of upholding safety and operational requirements make up this market. The aviation industry is governed by strict regulations that control international air service agreements, air traffic control, and safety compliance. Positive bilateral and multilateral air service agreements boost market accessibility, improve competitiveness, and encourage international routes. Additionally, the demand for aircraft is significantly influenced by the increase in tourism. Airlines are encouraged to develop route networks and enhance fleet capacity because countries with thriving tourism sectors rely largely on air travel to facilitate foreign arrivals. While strong economic growth promotes fleet expansion and infrastructure development, stable conditions support predictable airline operations and long-term planning. However, the aviation market is restrained by high costs, fuel volatility, regulations, environmental concerns, and supply disruptions.

The systems/components segment accounted for the largest share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period.

Based on the offering, the aviation market is divided into aircraft type (commercial aircraft, business jets, general aviation aircraft, military aircraft, helicopters, uavs/drones, and cargo aircraft/freighters), systems/components (airframes, engines, avionics systems, cabin interiors, landing gear, aircraft lighting, flight control systems, electrical systems, fuel systems, propulsion systems, and navigation & communication systems), services (maintenance, repair & overhaul (mro), engineering & technical services, leasing & fleet management, training & simulation, ground handling, aircraft modifications & upgrades, and aviation it services). Among these, the systems/components segment accounted for the largest share in 2024 and is anticipated to grow at a significant CAGR during the forecast period. The vital role these parts play in guaranteeing aircraft performance, safety, and operating efficiency throughout the commercial, military, and general aviation sectors is the reason for the systems/components category.    

The conventional aircraft segment accounted for the largest share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period.

Based on the technology, the aviation market is divided into conventional aircraft, electric & hybrid-electric aircraft, SAF-compatible (sustainable aviation fuel), autonomous/remote piloted, and hydrogen aircraft (emerging). Among these, the conventional aircraft segment accounted for the largest share in 2024 and is anticipated to grow at a significant CAGR during the forecast period. The extensive usage of conventional jet and turboprop aircraft in commercial, cargo, general aviation, and military activities is the main factor driving the conventional aircraft market.    

The narrow-body segment accounted for the highest market revenue in 2024 and is anticipated to grow at a significant CAGR during the forecast period.    

Based on the payload/capacity, the aviation market is divided into narrow-body, wide-body, regional jets, light & very light jets, heavy cargo aircraft, medium & light cargo aircraft, and single-engine vs twin-engine. Among these, the narrow-body segment accounted for the highest market revenue in 2024 and is anticipated to grow at a significant CAGR during the forecast period. Narrow-body aircraft are ideal for both developed and emerging markets due to the high demand for short- and medium-haul commercial flights, as well as their affordability, operational efficiency, and lower fuel consumption.   

The passenger transportation segment accounted for the highest market revenue in 2024 and is anticipated to grow at a significant CAGR during the forecast period.  

Based on the application, the aviation market is divided into passenger transportation, cargo transportation, surveillance & reconnaissance, search & rescue, training, aerial survey & mapping, and tourism & charter. Among these, the passenger transportation segment accounted for the highest market revenue in 2024 and is anticipated to grow at a significant CAGR during the forecast period. Growing middle-class populations, greater disposable incomes, and improved connectivity between domestic and foreign destinations are the main factors driving the passenger transportation sector.  

The commercial airlines segment accounted for the highest market revenue in 2024 and is anticipated to grow at a significant CAGR during the forecast period.  

Based on the end user, the aviation market is divided into commercial airlines, business aviation operators, military & defense forces, general aviation pilots/owners, cargo & logistics operators, aircraft leasing companies, MRO providers, and airports & ground service providers. Among these, the commercial airlines segment accounted for the highest market revenue in 2024 and is anticipated to grow at a significant CAGR during the forecast period. The increasing demand for air travel, rising passenger volume, and ongoing global airline fleet expansion are the main drivers of the commercial airlines sector.  

North America is expected to hold the majority share of the global aviation market during the forecast period.   

North America is expected to hold the majority share of the global aviation market during the forecast period. Well-established cargo transport systems and high domestic and international passenger traffic continue to fuel industry expansion. Additionally, the region's long-term leadership is boosted by ongoing investments in technology advances like fuel-efficient aircraft, digitalized operations, and sustainable aviation solutions. The region's competitive advantage is further boosted by the presence of top aircraft manufacturers, maintenance suppliers, and aerospace technology firms. Strict safety regulations and legal frameworks guarantee operational dependability and efficiency, thereby boosting the market.

Asia Pacific is anticipated to grow at the fastest pace in the global aviation market during the forecast period. Increased connectivity throughout the region is made possible by investments in airport infrastructure, which include building new airports and updating existing ones. The need for air freight services is also being driven by the expansion of e-commerce, international trade, and cargo transportation. The quick expansion is also a result of government programs to improve regional air travel, boost tourism, and support local aircraft production.

Major vendors in the global aviation market are Airbus SE, The Boeing Company, Embraer S.A., Bombardier Inc., Textron Aviation, Gulfstream Aerospace, Dassault Aviation, COMAC, Mitsubishi Aircraft Corporation, Pilatus Aircraft, Bell Helicopter, General Electric Aerospace, Rolls-Royce Holdings, Honeywell Aerospace, Collins Aerospace, Pratt & Whitney, CFM International, Airbus Helicopters, Leonardo Helicopters, Robinson Helicopter Company, and others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Development

• In September 2025, A deal for 97 Tejas Mark-1A light combat aircraft for the Indian Air Force, comprising 68 fighter jets, 29 twin-seaters, and related equipment, was signed by the Ministry of Defense (MoD) and Hindustan Aeronautics Limited (HAL). The deliveries are planned over six years starting in 2027–2028.

Market Segment   

This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the aviation market based on the below-mentioned segments:

Global Aviation Market, By Offering

• Aircraft Type

• Commercial Aircraft
• Business Jets
• General Aviation Aircraft
• Military Aircraft
• Helicopters
• UAVs / Drones
• Cargo Aircraft / Freighters

• Systems / Components

• Airframes
• Engines
• Avionics Systems
• Cabin Interiors
• Landing Gear
• Aircraft Lighting
• Flight Control Systems
• Electrical Systems
• Fuel Systems
• Propulsion Systems
• Navigation & Communication Systems

• Services

• Maintenance, Repair & Overhaul (MRO)
• Engineering & Technical Services
• Leasing & Fleet Management
• Training & Simulation
• Ground Handling Services
• Aircraft Modifications & Upgrades
• Aviation IT Services

Global Aviation Market, By Technology

• Conventional Aircraft
• Electric & Hybrid-Electric Aircraft
• SAF-Compatible (Sustainable Aviation Fuel)
• Autonomous / Remote Piloted
• Hydrogen Aircraft (Emerging)

Global Aviation Market, By Payload / Capacity

• Narrow-body
• Wide-body
• Regional Jets
• Light & Very Light Jets
• Heavy Cargo Aircraft
• Medium & Light Cargo Aircraft
• Single-Engine vs Twin-Engine

Global Aviation Market, By Application

• Passenger Transportation
• Cargo Transportation
• Surveillance & Reconnaissance
• Search & Rescue
• Training
• Aerial Survey & Mapping
• Tourism & Charter

Global Aviation Market, By End User

• Commercial Airlines
• Business Aviation Operators
• Military & Defense Forces
• General Aviation Pilots/Owners
• Cargo & Logistics Operators
• Aircraft Leasing Companies
• MRO Providers
• Airports & Ground Service Providers

 Global Aviation Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa