Aviation Market Share

Statistics for the 2023 & 2024 Aviation market share, created by Mordor Intelligence™ Industry Reports. Aviation share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

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Market Share of Aviation Industry

The global aviation market is semi-consolidated, occupied by major manufacturers like Airbus SE, The Boeing Company, Lockheed Martin Corporation, Embraer, and Textron Inc., catering to market needs. The rivalry between The Boeing Company and Airbus SE continued during 2022, mainly in the commercial aviation sector. Along with Lockheed Martin Corporation, a key player in the military segment, these two companies have maintained their market dominance for over a decade now. 

Though Boeing's commercial segment revenues were down in the last two years, a strong performance in the defense segment has helped it gain a significant market share. The aviation industry is expected to witness innovations implemented in aircraft design, which are likely to alter the meaning of safety, comfort, and efficiency for commuters. Companies are looking for opportunities offered by the latest technological innovations that can help them improve revenue shares. The military segment of the market is witnessing increased collaborations between the players to develop next-generation combat and non-combat aircraft, which is expected to help the players' collective growth during the forecast period.

Aviation Market Leaders

  1. The Boeing Company

  2. Airbus SE

  3. Lockheed Martin Corporation

  4. Textron Inc.

  5. Embraer S.A.

*Disclaimer: Major Players sorted in no particular order

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Aviation Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)