General aviation market, also known as general aviation and aerial work (GA/AW) refers to all aircraft operations other than corporate airlines, military airplanes, and non-scheduled air transport services for remuneration or hire. It includes helicopters, business jets, light aircraft, piston fixed-wing aircraft, and turboprops as standard aircraft. General aviation includes wide-ranging activities such as recreational flying, charter operations, cargo flights, civil search and rescue, medical evacuation, flight training, and crop dusting. It offers safety, privacy, higher efficiency, flexible travel, and on-demand air transportation services.
The general aviation market size was USD 27.7 Billion in 2023 and is anticipated to reach USD 46.3 Billion in 2033, growing at a rate of 4.8% from 2024 to 2033.
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- 10 – Chapter
- 612 – Pages
- Industry: Automotive & Transportation
Key trends:
The increasing incorporation of big data in the general aviation industry is poised to revolutionize and significantly boost market growth. The application of big data analytics offers multifaceted advantages that extend throughout the aviation ecosystem. Primarily, it enhances safety standards by proactively identifying potential maintenance issues through predictive analytics, minimizing the risk of unexpected failures and ensuring passenger and crew safety. Additionally, big data empowers general aviation companies to optimize operational efficiency by analyzing vast amounts of data related to flight routes, weather patterns, and passenger preferences.
The increase in aircraft production is expected to drive growth in the general aviation market. With general aviation accounting for a significant portion of all aircraft in the United States, the rise in production aligns with the sector’s needs, leading to a heightened demand for advanced avionics technologies and performance enhancements. The General Aviation Manufacturers Association (GAMA) has reported continued increases in aircraft shipments and deliveries across all segments, including piston aero planes, turboprops, and business jets. In 2022, preliminary aircraft deliveries were valued at $26.8 billion, reflecting growth across various categories despite workforce and supply chain challenges.
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Market Segmentation:
Based on component:
The market is segmented into avionics, airframes, landing gear, engine, aircraft tires, aircraft tubes, and others. Further, the aircraft tires are sub-segmented into radial-ply tires and bias-ply tires. The engine segment is anticipated to dominate the market during the forecast period. Continuous technological progress is a major factor behind the development of engine component in the general aviation industry. Manufacturers dedicate substantial resources to research and development, focusing on improving performance, efficiency, and reliability.
By Application:
The market is segmented into corporate and private. The corporate segment is anticipated to dominate the market during the forecast period. The segment was valued at USD 16,899.2 Million in 2023 and it is anticipated to grow at a CAGR of 4.3% during the forecast period. One of the main reasons corporations use general aviation is to save time and be more efficient.
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Data Summary:
Report Attribute |
Details |
| Historic Period | 2017-2022 |
| Forecast Period | 2024-2033 |
| Base Year | 2023 |
| Segments Covered | Component, Type, Application, and Region |
| Key Companies | Airbus, Bombardier Inc., Cirrus Design Corporation (Aviation Industry Corporation of China (AVIC)), Dassault Aviation, Dunlop Aircraft Tyres Limited (Sumitomo Rubber Industries, Ltd.), General Dynamics Corporation, The Goodyear Tire & Rubber Company, Honda Motor, Pilatus Aircraft, Robinson Helicopter, Leonardo S.p.A., Michelin, Textron, Desser Holdings (VSE Corp) |
| Regional Scope | North America, Europe, Asia Pacific, Central & South America, Middle East & Africa |
| Analysis Coverage | Market Forecast, Competitive Landscape, Drivers, Trends, Restraints, Opportunities, Value-Chain, PESTLE, Key Events and Developments |
| Market Size in 2023 | $ 27.7 Bn |
| Growth Rate (2024-33) | 4.8% |
| Market Size in 2033 | $ 46.3 Bn |
Research Scope:
- The report offers a comprehensive quantitative as well as qualitative analysis of the current General Aviation Market outlook and estimations from 2023 to 2033, which helps to recognize the prevalent opportunities.
- The report also covers qualitative as well as quantitative analysis of the General Aviation Market in terms of revenue ($Million) and volume (Units).
- Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the General Aviation industry.
- A thorough analysis of market trends and restraints is provided.
- By region as well as country, market analysis is also presented in this report.
- The General Aviation Market Study comprises an analysis of 23 countries . The research also encompasses a segment analysis of every country in terms of value (USD Million), and Volume (Units) throughout the study period.
- Analytical depiction of the General Aviation Market along with current trends and future estimations to depict imminent investment pockets. The overall General Aviation industry opportunity is examined by understanding profitable trends to gain a stronger foothold.
- Porter’s five forces analysis, SWOT analysis, Pricing Analysis, Case Studies, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the General Aviation Market are also analyzed.
- The report also involves market strategy factors such as the ANSOFF Matrix, 4Ps Model, Demand-Supply Analysis, Competition Product Analysis, Recent Developments, Consumer Buying Interest, and Supply Chain Analysis among others.
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Key Players:
- Airbus
- Bombardier Inc.
- Cirrus Design Corporation (Aviation Industry Corporation of China (AVIC)
- Dassault Aviation
- Dunlop Aircraft Tyres Limited (Sumitomo Rubber Industries, Ltd.)
- General Dynamics Corporation
- The Goodyear Tire & Rubber Company
- Honda Motor
- Pilatus Aircraft
- Robinson Helicopter
By Region
- North America (U.S., Canada, Mexico)
- Europe (UK, Germany, France, Italy, Rest of Europe)
- Asia-Pacific (China, Japan, India, South Korea, Rest of Asia-Pacific)
- Latin America (Brazil, Argentina, Rest of Latin America)
- Middle East and Africa (UAE, Saudi Arabia, Rest of Middle East And Africa)
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