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Report Overview

The global general aviation market size attained a value of about USD 21.83 Billion in 2024. The market is further expected to grow in the forecast period of 2025-2034 at a CAGR of 3.20% to reach nearly USD 29.91 Billion by 2034.

2024

Base Year

2018-2024

Historical Period

2025-2034

Forecast Period

  • In 2023, the aviation shipments  and billings in all aircraft segments increased by 3.6%.

  • Low-cost airlines are projected to grow to a 48%  market share of short-haul flights by 2030, driven by significant expansion in Europe and Asia.

  • In 2023, global air traffic  increased by 36.9% from 2022, reaching 94.1% of pre-pandemic levels, signalling strong growth.

Compound Annual Growth Rate

3.2%

Value in USD Billion

2025-2034


General Aviation Market Outlook

*this image is indicative*

Global General Aviation Market

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General aviation refers to all civil aviation operations other than scheduled air services and non-scheduled air transport operations for remuneration or hire. It covers a wide range of aviation activities, including private flying, flight training, agricultural aviation, light aircraft manufacturing, business aviation, and recreational flying such as gliding and ballooning. General aviation aircraft range from small single-engine planes to larger business jets and helicopters.

Consumer spending on air travel for medical transportation, charter operations, and VIP transportation drives the global market of general aviation. Furthermore, a shift in lifestyle and increased disposable income among the middle-class population are expected to propel the market growth. Additionally, technological advancements are likely to accelerate the market expansion.

The market is likely to be boosted by increased spending and investment in recreational activities such as travel and tourism and the manufacturing of all-electric aircraft to reduce aviation emissions.

Key Trends and Developments

Global General Aviation Market Trends

Following the global trend of sustainability, key players in the market have been rapidly investing in the development of electric aircraft. Electric aircraft development signifies a leap towards reducing the carbon footprint of aviation, offering a cleaner alternative to conventional fossil fuel-powered engines. Electric propulsion technology is rapidly advancing, with several prototypes and first-generation electric planes already undergoing testing. Sustainable Aviation Fuels (SAFs) represent another critical frontier.

Emerging markets are becoming hotspots for the general aviation market growth, driven by increasing economic prosperity and the burgeoning middle and upper classes, particularly in Asia, Latin America, and Africa. These regions exhibit a growing appetite for personal and business travel that bypasses the limitations of commercial airline schedules and route networks.

Global General Aviation Market Segment

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Market Segmentation

“Global General Aviation Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:

Market Breakup by Aircraft Type

  • Helicopters
  • Piston Fixed-Wing Aircraft
  • Turboprop Aircraft
  • Business Jets

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Piston fixed-wing aircraft to dominate the general aviation market share in the forecast period

The rise in demand for piston fixed-wing aircraft, which can conduct low-altitude and moderate-speed combat, is propelling the market growth of general aviation. In addition, because of their inherent manoeuvrability, they are in high demand among pilot training institutes, private aviation, and aircraft racers worldwide.

Meanwhile, the demand for business jets is expected to grow substantially during the forecast period owing to HNWI highlighting a strong preference for exclusive ownership.

Competitive Landscape

Major players in the global general aviation market are increasingly investing in the expansion of production facilities

Airbus SE

Airbus SE is a leading European aerospace corporation that designs, manufactures, and sells civil and military aerospace products worldwide. It is known for its wide range of passenger airliners, including the A320 family and the A380, the world's largest passenger aircraft.

Boeing Company

The Boeing Company is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, and telecommunications equipment. Boeing is one of the largest aerospace manufacturers globally and is a leading producer of commercial jetliners and defence, space, and security systems.

Bombardier Inc.

Bombardier Inc. is a Canadian multinational manufacturer of business jets, public transport vehicles, and high-speed rail train sets. In the aerospace sector, Bombardier is known for its business jets, including the Global and Challenger series, and was previously involved in the production of regional airliners.

Dassault Aviation SA

Dassault Aviation SA is a French aerospace company that designs and builds military aircraft, business jets, and space systems. It is well-known for its Falcon series of business jets and its Rafale fighter aircraft used by several countries' air forces.

*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*

Other key players in the global general aviation market are Embraer SA and others.

Companies are expanding their product lines to include a wider range of aircraft, from light sport aircraft (LSA) to business jets, catering to diverse customer needs. The diversification of their product portfolio allows the players to reach different sections of the market, including entry-level pilots to high-net-worth individuals and corporate clients. In addition, companies are focusing on providing exceptional customer service and personalised experiences to differentiate themselves in a competitive market.

Global General Aviation Market Analysis by Region

North America currently holds a considerable portion of the market and is anticipated to grow at a significant pace in the coming years. The presence of developed aviation infrastructure in the United States is driving the market expansion in the region. Furthermore, the rising demand for fixed-wing aircraft is adding to general aviation market expansion.

Due to helicopter services (such as air taxis, air ambulances, and so on), the demand for civil helicopters is increasing in this region, which is anticipated to assist in expanding the market in the following years. Moreover, growing investments by aerospace businesses in the adoption of urban air mobility in North American airspace are likely to propel the growth of the market in North America over the forecast period.

On the other hand, in the Europe general aviation market, a growing number of high-net-worth individuals (HNWIs) are turning to private jets for their travel within the region. This trend is largely driven by the cancellation of many intra-region commercial flights, a situation exacerbated by staff shortages in the airline sector.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2024, the market size attained a value of approximately USD 21.83 Billion.

The market is projected to grow at a CAGR of 3.20% between 2025 and 2034.

The market is estimated to witness healthy growth in the forecast period of 2025-2034 to reach about USD 29.91 Billion by 2034.

The key market drivers guiding the growth of the market are growing spending on air travel for medical transportation, charter operations, and VIP transportation, and increasing use of air transportation for tourism as well as to visit recreational activities.

The market growth can be associated with growing technological advancements in the aviation sector and the increasing awareness towards aircraft emissions, which is prompting manufacturers to build all-electric aircraft.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The different aircraft types of general aviation include helicopters, piston-fixed-wing aircraft, turboprop aircraft, and business jets.

The major players are Airbus SE, The Boeing Company, Bombardier Inc., Dassault Aviation SA, and Embraer SA, among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Aircraft Type
  • Region
Breakup by Aircraft Type
  • Helicopters
  • Piston Fixed-Wing Aircraft
  • Turboprop Aircraft
  • Business Jets
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Airbus SE
  • The Boeing Company
  • Bombardier Inc.
  • Dassault Aviation SA. 
  • Embraer SA
  • Others
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