Civil aircraft industry is majorly segmented into very large, large and medium commercial aircrafts and is dominated by companies like Boeing and Airbus. Civil aircraft industry is witnessing a geographic transition from relatively slowing matured markets like North America and Europe towards the Asia Pacific. Asia Pacific civil aircraft market will be majorly dominated by China where the demand for commercial aircrafts is projected to grow because of increasing traffic. Accordingly, commercial airplane manufacturers are expected to manufacture aircrafts which caters to the needs of the region.
The major factors impacting the overall commercial aviation market are tight environmental regulations governing carbon dioxide emissions in North America and European countries, technological developments and cost cutting measures by the airlines because of diminishing profit margins.
The aircraft manufacturers are also trying to drive more operational efficiency and safety through technologies like aircraft health monitoring systems, crew management system, aircraft de-icing, aircraft lighting systems and various other aircraft electrical systems.
The market is witnessing an increasing demand for regional jets with fewer than 100 seats. These regional jets save cost for airlines by providing optimised seating capacities while not compromising on the aircraft interiors and comfort. This category is dominated by commercial aircraft OEMs like Bombardier and Embraer, with Mitsubishi Regional Jet being the new entrant.
It is expected that new competitors will emerge in both the narrow-body commercial aircraft, where Boeing and Airbus are leaders and regional jet categories dominated by Bombardier and Embraer.
The increasing expectation of customers is initiating the modernisation drive in commercial aircrafts sector. Now more emphasis is being given on aircraft interior, in-flight entertainment and aircraft seating.
Your search for in-depth market research reports on the civil aircraft industry ends at ASDReport.com. The reports provide extensive coverage of the sector covering aircraft categories like business jets, ultralight aircrafts and electric aircrafts on one hand, while providing in-depth coverage of related topics like, aircraft seating market, galley equipment market, commercial aircraft leasing, etc.
The Civil Aircraft market includes all commercial air transport, general aviation aircraft (Gliders, Ultralights) and helicopters. Also the aircraft systems (lightning, etc.), Interiors, cabin equipment, A/C leasing, A/C Modernization, In-flight entertainment, etc.