Aerospace Market Size, Share, and Trends 2024 to 2034

The global aerospace market size accounted for USD 373.61 billion in 2024, grew to USD 402.75 billion in 2025, and is projected to surpass around USD 791.78 billion by 2034, representing a healthy CAGR of 7.8% between 2024 and 2034. The North America aerospace market size is calculated at USD 171.86 billion in 2024 and is expected to grow at the fastest CAGR of 7.91%% during the forecast year.

  • Last Updated : October 2024
  • Report Code : 3457
  • Category : Aerospace and Defence

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Aerospace Market 

5.1. COVID-19 Landscape: Aerospace Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Aerospace Market, By Type

8.1. Aerospace Market Revenue and Volume Forecast, by Type, 2024-2034

8.1.1. Commercial Aircraft

8.1.1.1. Market Revenue and Volume Forecast (2021-2034)

8.1.2. Aircraft Maintenance

8.1.2.1. Market Revenue and Volume Forecast (2021-2034)

8.1.3. Repair and Overhauling Services

8.1.3.1. Market Revenue and Volume Forecast (2021-2034)

8.1.4. Aerospace Support

8.1.4.1. Market Revenue and Volume Forecast (2021-2034)

8.1.5. Auxiliary Equipment

8.1.5.1. Market Revenue and Volume Forecast (2021-2034)

Chapter 9. Global Aerospace Market, By Size

9.1. Aerospace Market Revenue and Volume Forecast, by Size, 2024-2034

9.1.1. Narrow Body

9.1.1.1. Market Revenue and Volume Forecast (2021-2034)

9.1.2. Wide Body

9.1.2.1. Market Revenue and Volume Forecast (2021-2034)

Chapter 10. Global Aerospace Market, By End User 

10.1. Aerospace Market Revenue and Volume Forecast, by End User, 2024-2034

10.1.1. Private Sector

10.1.1.1. Market Revenue and Volume Forecast (2021-2034)

10.1.2. Government Sector

10.1.2.1. Market Revenue and Volume Forecast (2021-2034)

Chapter 11. Global Aerospace Market, By Operation 

11.1. Aerospace Market Revenue and Volume Forecast, by Operation, 2024-2034

11.1.1. Manual Aircraft

11.1.1.1. Market Revenue and Volume Forecast (2021-2034)

11.1.2. Autonomous Aircraft

11.1.2.1. Market Revenue and Volume Forecast (2021-2034)

Chapter 12. Global Aerospace Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Volume Forecast, by Type (2021-2034)

12.1.2. Market Revenue and Volume Forecast, by Size (2021-2034)

12.1.3. Market Revenue and Volume Forecast, by End User (2021-2034)

12.1.4. Market Revenue and Volume Forecast, by Operation (2021-2034)

12.1.5. U.S.

12.1.5.1. Market Revenue and Volume Forecast, by Type (2021-2034)

12.1.5.2. Market Revenue and Volume Forecast, by Size (2021-2034)

12.1.5.3. Market Revenue and Volume Forecast, by End User (2021-2034)

12.1.5.4. Market Revenue and Volume Forecast, by Operation (2021-2034)

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Volume Forecast, by Type (2021-2034)

12.1.6.2. Market Revenue and Volume Forecast, by Size (2021-2034)

12.1.6.3. Market Revenue and Volume Forecast, by End User (2021-2034)

12.1.6.4. Market Revenue and Volume Forecast, by Operation (2021-2034)

12.2. Europe

12.2.1. Market Revenue and Volume Forecast, by Type (2021-2034)

12.2.2. Market Revenue and Volume Forecast, by Size (2021-2034)

12.2.3. Market Revenue and Volume Forecast, by End User (2021-2034)

12.2.4. Market Revenue and Volume Forecast, by Operation (2021-2034)

12.2.5. UK

12.2.5.1. Market Revenue and Volume Forecast, by Type (2021-2034)

12.2.5.2. Market Revenue and Volume Forecast, by Size (2021-2034)

12.2.5.3. Market Revenue and Volume Forecast, by End User (2021-2034)

12.2.5.4. Market Revenue and Volume Forecast, by Operation (2021-2034)

12.2.6. Germany

12.2.6.1. Market Revenue and Volume Forecast, by Type (2021-2034)

12.2.6.2. Market Revenue and Volume Forecast, by Size (2021-2034)

12.2.6.3. Market Revenue and Volume Forecast, by End User (2021-2034)

12.2.6.4. Market Revenue and Volume Forecast, by Operation (2021-2034)

12.2.7. France

12.2.7.1. Market Revenue and Volume Forecast, by Type (2021-2034)

12.2.7.2. Market Revenue and Volume Forecast, by Size (2021-2034)

12.2.7.3. Market Revenue and Volume Forecast, by End User (2021-2034)

12.2.7.4. Market Revenue and Volume Forecast, by Operation (2021-2034)

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Volume Forecast, by Type (2021-2034)

12.2.8.2. Market Revenue and Volume Forecast, by Size (2021-2034)

12.2.8.3. Market Revenue and Volume Forecast, by End User (2021-2034)

12.2.8.4. Market Revenue and Volume Forecast, by Operation (2021-2034)

12.3. APAC

12.3.1. Market Revenue and Volume Forecast, by Type (2021-2034)

12.3.2. Market Revenue and Volume Forecast, by Size (2021-2034)

12.3.3. Market Revenue and Volume Forecast, by End User (2021-2034)

12.3.4. Market Revenue and Volume Forecast, by Operation (2021-2034)

12.3.5. India

12.3.5.1. Market Revenue and Volume Forecast, by Type (2021-2034)

12.3.5.2. Market Revenue and Volume Forecast, by Size (2021-2034)

12.3.5.3. Market Revenue and Volume Forecast, by End User (2021-2034)

12.3.5.4. Market Revenue and Volume Forecast, by Operation (2021-2034)

12.3.6. China

12.3.6.1. Market Revenue and Volume Forecast, by Type (2021-2034)

12.3.6.2. Market Revenue and Volume Forecast, by Size (2021-2034)

12.3.6.3. Market Revenue and Volume Forecast, by End User (2021-2034)

12.3.6.4. Market Revenue and Volume Forecast, by Operation (2021-2034)

12.3.7. Japan

12.3.7.1. Market Revenue and Volume Forecast, by Type (2021-2034)

12.3.7.2. Market Revenue and Volume Forecast, by Size (2021-2034)

12.3.7.3. Market Revenue and Volume Forecast, by End User (2021-2034)

12.3.7.4. Market Revenue and Volume Forecast, by Operation (2021-2034)

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Volume Forecast, by Type (2021-2034)

12.3.8.2. Market Revenue and Volume Forecast, by Size (2021-2034)

12.3.8.3. Market Revenue and Volume Forecast, by End User (2021-2034)

12.3.8.4. Market Revenue and Volume Forecast, by Operation (2021-2034)

12.4. MEA

12.4.1. Market Revenue and Volume Forecast, by Type (2021-2034)

12.4.2. Market Revenue and Volume Forecast, by Size (2021-2034)

12.4.3. Market Revenue and Volume Forecast, by End User (2021-2034)

12.4.4. Market Revenue and Volume Forecast, by Operation (2021-2034)

12.4.5. GCC

12.4.5.1. Market Revenue and Volume Forecast, by Type (2021-2034)

12.4.5.2. Market Revenue and Volume Forecast, by Size (2021-2034)

12.4.5.3. Market Revenue and Volume Forecast, by End User (2021-2034)

12.4.5.4. Market Revenue and Volume Forecast, by Operation (2021-2034)

12.4.6. North Africa

12.4.6.1. Market Revenue and Volume Forecast, by Type (2021-2034)

12.4.6.2. Market Revenue and Volume Forecast, by Size (2021-2034)

12.4.6.3. Market Revenue and Volume Forecast, by End User (2021-2034)

12.4.6.4. Market Revenue and Volume Forecast, by Operation (2021-2034)

12.4.7. South Africa

12.4.7.1. Market Revenue and Volume Forecast, by Type (2021-2034)

12.4.7.2. Market Revenue and Volume Forecast, by Size (2021-2034)

12.4.7.3. Market Revenue and Volume Forecast, by End User (2021-2034)

12.4.7.4. Market Revenue and Volume Forecast, by Operation (2021-2034)

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Volume Forecast, by Type (2021-2034)

12.4.8.2. Market Revenue and Volume Forecast, by Size (2021-2034)

12.4.8.3. Market Revenue and Volume Forecast, by End User (2021-2034)

12.4.8.4. Market Revenue and Volume Forecast, by Operation (2021-2034)

12.5. Latin America

12.5.1. Market Revenue and Volume Forecast, by Type (2021-2034)

12.5.2. Market Revenue and Volume Forecast, by Size (2021-2034)

12.5.3. Market Revenue and Volume Forecast, by End User (2021-2034)

12.5.4. Market Revenue and Volume Forecast, by Operation (2021-2034)

12.5.5. Brazil

12.5.5.1. Market Revenue and Volume Forecast, by Type (2021-2034)

12.5.5.2. Market Revenue and Volume Forecast, by Size (2021-2034)

12.5.5.3. Market Revenue and Volume Forecast, by End User (2021-2034)

12.5.5.4. Market Revenue and Volume Forecast, by Operation (2021-2034)

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Volume Forecast, by Type (2021-2034)

12.5.6.2. Market Revenue and Volume Forecast, by Size (2021-2034)

12.5.6.3. Market Revenue and Volume Forecast, by End User (2021-2034)

12.5.6.4. Market Revenue and Volume Forecast, by Operation (2021-2034)

Chapter 13. Company Profiles

13.1. Boeing Company

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. Airbus SE

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. Lockheed Martin Corporation

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. Northrop Grumman Corporation

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. Raytheon Technologies Corporation

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. General Dynamics Corporation

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. Safran S.A.

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. BAE Systems plc

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. Honeywell International Inc.

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. General Electric Company

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

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