Market Size of france aviation Industry
| Icons | Lable | Value |
|---|---|---|
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Study Period | 2017 - 2030 |
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Market Size (2024) | USD 6.11 Billion |
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Market Size (2030) | USD 7.23 Billion |
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Largest Share by Aircraft Type | Commercial Aviation |
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CAGR (2024 - 2030) | 2.85 % |
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Fastest Growing by Aircraft Type | General Aviation |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
France Aviation Market Analysis
The France Aviation Market size is estimated at 6.11 billion USD in 2024, and is expected to reach 7.23 billion USD by 2030, growing at a CAGR of 2.85% during the forecast period (2024-2030).
6.1 B
Market Size in 2024 (USD)
7.2 B
Market Size in 2030 (USD)
541
Total Deliveries in the Historic Period (2017-2023)
776
Total Deliveries during the Forecast Period (2024-2030)
Largest Market by Aircraft Type
58.18 %
value share, Commercial Aviation, 2023
Rising geopolitical tensions and ongoing conflicts between the neighboring countries are some of the factors prompting the country to spend on military equipment.
Largest Market by Sub-Aircraft Type
58.18 %
value share, Passenger Aircraft, 2023
The country's focus on enhancing its combat capabilities by procuring technologically advanced combat aircraft drives the market's growth.
Leading Market Player
82.48 %
market share, Airbus SE, 2022
The company has its final assembly lines for all Airbus commercial aircraft, and the presence of major production facilities gives significant support to dominate the country's aviation market.
Second Leading Market Player
12.32 %
market share, Dassault Aviation, 2022
Dassault Aviation, headquartered in France, occupies a major share of the market by providing various aircraft types.
Third Leading Market Player
5.92 %
market share, The Boeing Company, 2022
The company's wide range of commercial and military aircraft is responsible for its market penetration in the country, making it the third-largest market player.
Commercial Aviation is expected to witness highest growth during the forecast period
- France is one of the largest and most important aviation markets in Europe in terms of traffic due to its size and geographic location and the presence of some of the industry’s flagships, such as Air France and Airbus.
- In terms of deliveries, 18 aircraft were procured in the commercial aviation segment, while seven business jets and 45 helicopters were procured in the general aviation segment in 2022, an 18% decline for commercial aviation and a 7% rise for general aviation from 2021. The French aerospace industry is experiencing a significant shift in technology due to the current market uncertainty and the French government's aerospace assistance plan, which is driving the growth of this sector in France.
- The military aviation sector has benefitted due to the increasing government investment in R&D and the procurement of advanced fighter jets, helicopters, and transport and training aircraft from the local players. Though the deliveries have been affected by a halt in production and lockdowns, this segment remained positive.
- The general aviation market in France could expand during the forecast period due to an increasing emphasis on improving the infrastructure of private airports and the increasing number of HNWIs in the country. During the COVID-19 outbreak in 2020, there was a decline in business jet deliveries. However, the piston fixed-wing, turboprop, and helicopter segments remained strong in terms of aircraft deliveries. In 2022, all these segments exceeded the pre-pandemic deliveries.
Understand The Key Trends Shaping This Market
