Europe General Aviation Market Size
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Study Period: | 2016 - 2028 |
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Largest Share by Sub Aircraft Type: | Business Jets |
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Largest Share by Country: | Germany |
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CAGR: | 3.59 % |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Europe General Aviation Market Analysis
The Europe General Aviation Market is projected to register a CAGR of 3.59%
- Largest Market by Sub-Aircraft Type - Business Jets : An increasing number of HNWIs and UHNWIs in the region are mainly driving the market's growth.
- Fastest-growing Market by Sub-Aircraft Type - Business Jets : The adoption of large jets in the region by various countries and companies across different sectors is driving the faster growth of the market.
- Largest Market by Body Type - Large Jet : The consumer preference for large jets across the region is driving the demand. Therefore, manufacturers are offering a wide range of products to consumers according to their convenience.
- Largest Market by Country - Germany : The procurement of large jets by various companies or individuals across different sectors is driving the market's growth in the country.
Europe General Aviation Industry Segmentation
Business Jets, Piston Fixed-Wing Aircraft, Others are covered as segments by Sub Aircraft Type. France, Germany, Italy, Netherlands, Russia, Spain, UK are covered as segments by Country.| Sub Aircraft Type | |||||
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| Piston Fixed-Wing Aircraft | |||||
| Others |
| Country | |
| France | |
| Germany | |
| Italy | |
| Netherlands | |
| Russia | |
| Spain | |
| UK | |
| Rest Of Europe |
Europe General Aviation Market Trends
This section covers the major market trends shaping the Europe General Aviation Market according to our research experts:
Business Jets is the largest segment by Sub Aircraft Type.
- The recovery of business aviation in 2021 was more sustained compared to 2020. Major leisure destinations recorded significant growth in flight activity and passenger traffic, indicating the substantial contribution of leisure to business aviation. However, the growth has not been consistent across the year, as several months in 2021 saw a drop in demand compared to 2019 levels. This growth is expected to improve in 2022 with the opening of more routes.
- The business jet demand in Europe surged by 53% compared to January 2021 and by 16% compared to 2020. In 2020, recovery in the business aviation sector in Europe was better than the commercial aviation section, which registered a decline of around 74%, with 12% in business aviation.
- Business jet deliveries in Europe were affected during the COVID-19 pandemic, with a decline of 17.5%. Travel restrictions globally and the significant impact of COVID-19 on Europe affected the European business jet market. In 2021, Bombardier became the leading OEM in terms of business jet deliveries, as it delivered around 36 aircraft, followed by Embraer, Pilatus, Cessna, Gulfstream, and CIRRUS, with 21, 17,15, and 10 deliveries, respectively. The recovery in the business aviation sector is expected to aid the overall business jet segment during the forecast period.
- Cessna is the leading OEM, with 30% of the current operational fleet size, followed by Bombardier and Dassault, with 23% and 14%, in the European business jet fleet as of July 2022. The surge in UHNWI individuals in the region is expected to aid the business jet segment in the region, and around 200+ aircraft are expected to be delivered during 2022-2028.
To understand key trends, Download Sample Report
Germany is the largest segment by Country.
- The
rise of HNWIs and UHNWIs, who prefer private jets and helicopters for personal
or business travel in Europe, aided in the procurement of
aircraft in the general aviation sector. From 2016 to 2021, the HNWI population
in the region increased by 60%.
- In
2021, air charter service providers witnessed high demand across Europe with the surge in new memberships for business aviation. For
instance, in 2021, a major Europe-based air charter service provider, VistaJet, registered a growth of around 53% in new memberships during H1 2021 compared to H1 2020. Of the new memberships, more than 50% belong to the European
region.
- According
to the major charter service providers in Europe, demand increased
significantly toward the end of 2021 and managed to surpass 2019 levels of traffic. Business aviation traffic has been approximately 20-30%
more than in 2019 since August 2021. Due to such strong demand, charter jet
service companies are expanding their fleets to meet the growing demand.
- In terms of the current operational fleet, Germany is the leading country with around 18% of the overall European business jet fleet, followed by the United Kingdom, France, and Russia, with around 11%, 10%, and 8% of the active fleet, respectively, as of July 2022. In the helicopters category, the United Kingdom is the leading country with around 13% of the overall helicopter fleet, followed by France, Germany, and Italy, with around 12%, 11%, and 11% of the active fleet, respectively, as of July 2022.
- Of the total general aviation new aircraft deliveries (~6,000 units) between 2022 and 2028, the rest of the European region may account for 32% of these deliveries.
To understand geography trends, Download Sample Report
Europe General Aviation Industry Overview
The Europe General Aviation Market is fairly consolidated, with the top five companies occupying 75.52%. The major players in this market are Airbus SE, Bombardier Inc., General Dynamics Corporation, Leonardo S.p.A and Textron Inc. (sorted alphabetically).
Europe General Aviation Market Leaders
Airbus SE
Bombardier Inc.
General Dynamics Corporation
Leonardo S.p.A
Textron Inc.
*Disclaimer: Major Players sorted in no particular order
Europe General Aviation Market News
- August 2022: The first Challenger 3500 Business Jet based in Europe has been firm ordered by Bombardier for use in charter operations with Air Corporate SRL.
- July 2022: The Kodiak 900 is launched by Daher.
- July 2022: Oyonnair, a French operator, orders a new Avanti Evo from Piaggio Aerospace.
Europe General Aviation Market Report - Table of Contents
EXECUTIVE SUMMARY & KEY FINDINGS
REPORT OFFERS
1. INTRODUCTION
1.1. Study Assumptions & Market Definition
1.2. Scope of the Study
1.3. Research Methodology
2. KEY INDUSTRY TRENDS
2.1. High-Net-Worth Individual (HNWI)
2.2. Regulatory Framework
2.3. Value Chain Analysis
3. MARKET SEGMENTATION
3.1. Sub Aircraft Type
3.1.1. Business Jets
3.1.1.1. Large Jet
3.1.1.2. Light Jet
3.1.1.3. Mid-Size Jet
3.1.2. Piston Fixed-Wing Aircraft
3.1.3. Others
3.2. Country
3.2.1. France
3.2.2. Germany
3.2.3. Italy
3.2.4. Netherlands
3.2.5. Russia
3.2.6. Spain
3.2.7. UK
3.2.8. Rest Of Europe
4. COMPETITIVE LANDSCAPE
4.1. Key Strategic Moves
4.2. Market Share Analysis
4.3. Company Landscape
4.4. Company Profiles
4.4.1. Airbus SE
4.4.2. Bombardier Inc.
4.4.3. Cirrus Design Corporation
4.4.4. Daher
4.4.5. Dassault Aviation
4.4.6. Diamond Aircraft
4.4.7. Embraer
4.4.8. General Dynamics Corporation
4.4.9. Leonardo S.p.A
4.4.10. PIAGGIO AERO INDUSTRIES S.p.A
4.4.11. Pilatus Aircraft Ltd
4.4.12. Robinson Helicopter Company Inc.
4.4.13. Tecnam Aircraft
4.4.14. Textron Inc.
5. KEY STRATEGIC QUESTIONS FOR AVIATION CEOS
6. APPENDIX
6.1. Global Overview
6.1.1. Overview
6.1.2. Porter’s Five Forces Framework
6.1.3. Global Value Chain Analysis
6.1.4. Market Dynamics (DROs)
6.2. Sources & References
6.3. List of Tables & Figures
6.4. Primary Insights
6.5. Data Pack
6.6. Glossary of Terms
List of Tables & Figures
Figure 1:
EUROPE GENERAL AVIATION MARKET, HIGH-NET-WORTH INDIVIDUAL (HNWI), POPULATION, 2016 – 2028
Figure 2:
EUROPE GENERAL AVIATION MARKET, VOLUME, UNITS, 2016 - 2028
Figure 3:
EUROPE GENERAL AVIATION MARKET, VALUE, USD, 2016 - 2028
Figure 4:
EUROPE GENERAL AVIATION MARKET, BY SUB AIRCRAFT TYPE, VOLUME, UNITS, 2016 - 2028
Figure 5:
EUROPE GENERAL AVIATION MARKET, BY SUB AIRCRAFT TYPE, VALUE, USD, 2016 - 2028
Figure 6:
EUROPE GENERAL AVIATION MARKET, BY SUB AIRCRAFT TYPE, VOLUME, %, 2016 VS 2022 VS 2028
Figure 7:
EUROPE GENERAL AVIATION MARKET, BY SUB AIRCRAFT TYPE, VALUE, %, 2016 VS 2022 VS 2028
Figure 8:
EUROPE GENERAL AVIATION MARKET, BY BODY TYPE, VOLUME, UNITS, 2016 - 2028
Figure 9:
EUROPE GENERAL AVIATION MARKET, BY BODY TYPE, VALUE, USD, 2016 - 2028
Figure 10:
EUROPE GENERAL AVIATION MARKET, BY BODY TYPE, VOLUME, %, 2016 VS 2022 VS 2028
Figure 11:
EUROPE GENERAL AVIATION MARKET, BY BODY TYPE, VALUE, %, 2016 VS 2022 VS 2028
Figure 12:
EUROPE GENERAL AVIATION MARKET, BY LARGE JET, VOLUME, UNITS, 2016 - 2028
Figure 13:
EUROPE GENERAL AVIATION MARKET, BY LARGE JET, VALUE, USD, 2016 - 2028
Figure 14:
EUROPE GENERAL AVIATION MARKET, BY LARGE JET, VALUE, %, 2021 VS 2028
Figure 15:
EUROPE GENERAL AVIATION MARKET, BY LIGHT JET, VOLUME, UNITS, 2016 - 2028
Figure 16:
EUROPE GENERAL AVIATION MARKET, BY LIGHT JET, VALUE, USD, 2016 - 2028
Figure 17:
EUROPE GENERAL AVIATION MARKET, BY LIGHT JET, VALUE, %, 2021 VS 2028
Figure 18:
EUROPE GENERAL AVIATION MARKET, BY MID-SIZE JET, VOLUME, UNITS, 2016 - 2028
Figure 19:
EUROPE GENERAL AVIATION MARKET, BY MID-SIZE JET, VALUE, USD, 2016 - 2028
Figure 20:
EUROPE GENERAL AVIATION MARKET, BY MID-SIZE JET, VALUE, %, 2021 VS 2028
Figure 21:
EUROPE GENERAL AVIATION MARKET, BY PISTON FIXED-WING AIRCRAFT, VOLUME, UNITS, 2016 - 2028
Figure 22:
EUROPE GENERAL AVIATION MARKET, BY PISTON FIXED-WING AIRCRAFT, VALUE, USD, 2016 - 2028
Figure 23:
EUROPE GENERAL AVIATION MARKET, BY PISTON FIXED-WING AIRCRAFT, VALUE, %, 2021 VS 2028
Figure 24:
EUROPE GENERAL AVIATION MARKET, BY OTHERS, VOLUME, UNITS, 2016 - 2028
Figure 25:
EUROPE GENERAL AVIATION MARKET, BY OTHERS, VALUE, USD, 2016 - 2028
Figure 26:
EUROPE GENERAL AVIATION MARKET, BY OTHERS, VALUE, %, 2021 VS 2028
Figure 27:
EUROPE GENERAL AVIATION MARKET, BY COUNTRY, VOLUME, UNITS, 2016 - 2028
Figure 28:
EUROPE GENERAL AVIATION MARKET, BY COUNTRY, VALUE, USD, 2016 - 2028
Figure 29:
EUROPE GENERAL AVIATION MARKET, BY COUNTRY, VOLUME, %, 2016 VS 2022 VS 2028
Figure 30:
EUROPE GENERAL AVIATION MARKET, BY COUNTRY, VALUE, %, 2016 VS 2022 VS 2028
Figure 31:
EUROPE GENERAL AVIATION MARKET, BY FRANCE, VOLUME, UNITS, 2016 - 2028
Figure 32:
EUROPE GENERAL AVIATION MARKET, BY FRANCE, VALUE, USD, 2016 - 2028
Figure 33:
EUROPE GENERAL AVIATION MARKET, BY FRANCE, VALUE, %, 2021 VS 2028
Figure 34:
EUROPE GENERAL AVIATION MARKET, BY GERMANY, VOLUME, UNITS, 2016 - 2028
Figure 35:
EUROPE GENERAL AVIATION MARKET, BY GERMANY, VALUE, USD, 2016 - 2028
Figure 36:
EUROPE GENERAL AVIATION MARKET, BY GERMANY, VALUE, %, 2021 VS 2028
Figure 37:
EUROPE GENERAL AVIATION MARKET, BY ITALY, VOLUME, UNITS, 2016 - 2028
Figure 38:
EUROPE GENERAL AVIATION MARKET, BY ITALY, VALUE, USD, 2016 - 2028
Figure 39:
EUROPE GENERAL AVIATION MARKET, BY ITALY, VALUE, %, 2021 VS 2028
Figure 40:
EUROPE GENERAL AVIATION MARKET, BY NETHERLANDS, VOLUME, UNITS, 2016 - 2028
Figure 41:
EUROPE GENERAL AVIATION MARKET, BY NETHERLANDS, VALUE, USD, 2016 - 2028
Figure 42:
EUROPE GENERAL AVIATION MARKET, BY NETHERLANDS, VALUE, %, 2021 VS 2028
Figure 43:
EUROPE GENERAL AVIATION MARKET, BY RUSSIA, VOLUME, UNITS, 2016 - 2028
Figure 44:
EUROPE GENERAL AVIATION MARKET, BY RUSSIA, VALUE, USD, 2016 - 2028
Figure 45:
EUROPE GENERAL AVIATION MARKET, BY RUSSIA, VALUE, %, 2021 VS 2028
Figure 46:
EUROPE GENERAL AVIATION MARKET, BY SPAIN, VOLUME, UNITS, 2016 - 2028
Figure 47:
EUROPE GENERAL AVIATION MARKET, BY SPAIN, VALUE, USD, 2016 - 2028
Figure 48:
EUROPE GENERAL AVIATION MARKET, BY SPAIN, VALUE, %, 2021 VS 2028
Figure 49:
EUROPE GENERAL AVIATION MARKET, BY UK, VOLUME, UNITS, 2016 - 2028
Figure 50:
EUROPE GENERAL AVIATION MARKET, BY UK, VALUE, USD, 2016 - 2028
Figure 51:
EUROPE GENERAL AVIATION MARKET, BY UK, VALUE, %, 2021 VS 2028
Figure 52:
EUROPE GENERAL AVIATION MARKET, BY REST OF EUROPE, VOLUME, UNITS, 2016 - 2028
Figure 53:
EUROPE GENERAL AVIATION MARKET, BY REST OF EUROPE, VALUE, USD, 2016 - 2028
Figure 54:
EUROPE GENERAL AVIATION MARKET, BY REST OF EUROPE, VALUE, %, 2021 VS 2028
Figure 55:
EUROPE GENERAL AVIATION MARKET, MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2018 - 2021
Figure 56:
EUROPE GENERAL AVIATION MARKET, MOST ADOPTED STRATEGIES, 2018 - 2021
Figure 57:
EUROPE GENERAL AVIATION MARKET SHARE(%), BY MAJOR PLAYERS, 2021
Market Definition
- Aircraft Type - General Aviation includes aircraft used for corporate aviation, business aviation and other aerial works.
- Body Type - Light Jets, Mid-Size Jets, and Large Jets according to their ability to carry passengers and flying distance ranges have been included under this study.
- Sub-Aircraft Type - Business Jets, Piston Fixed-Wing Aircraft, and helicopters and turboprop aircraft are taken into consideration.
Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
- Step-2: Build a Market Model: Market-size estimations for the historical and forecast years have been provided in revenue and volume terms. For sales conversion to volume, the average selling price (ASP) is kept constant throughout the forecast period for each country, and inflation is not a part of the pricing.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
