Study Period | 2017 - 2030 |
Base Year For Estimation | 2024 |
Forecast Data Period | 2025 - 2030 |
Market Size (2025) | USD 48.83 Billion |
Market Size (2030) | USD 60.48 Billion |
CAGR (2025 - 2030) | 4.37 % |
Market Concentration | High |
Major Players![]() *Disclaimer: Major Players sorted in no particular order |
North America Commercial Aviation Market Analysis
The North America Commercial Aviation Market size is estimated at 48.83 billion USD in 2025, and is expected to reach 60.48 billion USD by 2030, growing at a CAGR of 4.37% during the forecast period (2025-2030).
The North American commercial aviation market is experiencing a significant transformation driven by fleet modernization initiatives and technological advancements. Major airlines are actively pursuing fleet renewal strategies to enhance operational efficiency and reduce environmental impact. This is evidenced by the substantial commercial aircraft backlog in the region, with 1,474 Boeing and 986 Airbus aircraft on order as of August 2023, demonstrating strong industry confidence and long-term growth expectations. The United States continues to lead this transformation, accounting for 2,405 aircraft in the total regional backlog, highlighting the market's robust recovery and expansion plans.
Airlines across the region are increasingly focusing on fleet optimization and modernization to meet evolving market demands and environmental regulations. This trend is exemplified by United Airlines' December 2022 announcement to purchase 100 Boeing 787 Dreamliner widebody jets, with an option for an additional 100 aircraft. The shift towards newer, more fuel-efficient commercial aircraft is reshaping the industry's operational dynamics, with carriers strategically balancing their fleet composition between narrowbody and widebody aircraft to optimize route networks and improve cost efficiency.
Manufacturing and production capabilities in the region are undergoing significant enhancement to meet growing demand. Commercial airplane manufacturers are implementing production ramp-up plans for various models, including the 737 MAX, A220, A321neo, and A321XLR, which will support market growth over the next decade. The industry is witnessing a particular focus on narrowbody aircraft production, as these aircraft continue to be the preferred choice for domestic and short-haul international routes. The rise of low-cost carriers (LCCs) and ultra-low-cost carriers (ULCCs) has further accelerated this trend, as these operators typically favor single-aisle aircraft for their operations.
The industry is increasingly embracing technological innovations and sustainable aviation solutions. Airlines are investing in next-generation commercial aircraft that offer improved fuel efficiency and reduced environmental impact, aligning with the industry's zero-emission 2050 goal. This commitment to sustainability is driving research and development in areas such as alternative fuels and advanced aerodynamics. The introduction of new aircraft variants, such as the A321XLR expected to enter service in 2024, demonstrates the industry's focus on developing aircraft with enhanced capabilities while maintaining operational efficiency. These technological advancements are expected to play a crucial role in shaping the future of the commercial aircraft industry in North America.
North America Commercial Aviation Market Trends
The increase in demand from domestic travelers is driving the market
- North America has long been a hub for air travel. With a vast landmass and diverse destinations, millions of passengers choose to fly domestically and internationally. Factors such as a growing economy, increased affordability of air travel, and a rising middle class have all contributed to a significant uptick in air passenger traffic. The air passenger traffic in the US reached 1.04 billion in 2022, up by 7% compared to 2021 and 12% compared to 2019.
- For the full year 2022, January through December, US airlines carried 853 million passengers, up from 658 million in 2021 and 388 million in 2020. The total number of passengers carried by airlines in Canada reached 107 million in 2022, surpassing the levels in 2021 by 6%. In 2022, Mexico had 100 million air passenger traffic, representing a 7% growth compared to its 2021 traffic levels. North America has benefitted from fewer and shorter-lasting travel restrictions than many other countries and regions. This has boosted domestic travel in a large home market, as well as international travel. Net profits for the region are expected to rise from USD 9.9 billion in 2022 to USD 11.4 billion in 2023.
- Additionally, to cater to the demand driven by air passenger traffic, various airlines in the region are planning to procure new aircraft. For instance, around one-third of global aircraft deliveries for 2023 are anticipated to be received by various carriers in North America. Although the region’s aircraft deliveries were already above 2019 levels last year, they are expected to grow by an additional 72 units this year. Overall, with consistent air travel, the region's air passenger traffic is expected to increase by 1.7 billion in 2030, compared to 1.2 billion recorded in 2022.
OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- Increasing cargo demand and opening of new routes are driving the market
- The demand for domestic travel in the United States witnessed significant growth
- Improving economic stability can aid in the growth of North America
- Inflation in the United States has not been this high since 1980
Segment Analysis: By Sub Aircraft Type
Passenger Aircraft Segment in North America Commercial Aviation Market
The passenger aircraft segment dominates the North American commercial aviation market, accounting for approximately 86% of the total market value in 2024. This significant market share is driven by robust demand from major carriers like United Airlines, American Airlines, and Delta Airlines, which are actively modernizing their fleets. The segment's strength is particularly evident in the narrow-body aircraft category, which represents the majority of deliveries due to their operational efficiency and suitability for domestic routes. Airlines are increasingly focusing on fuel-efficient commercial aircraft to reduce operational costs and meet sustainability goals, with many carriers placing substantial orders for next-generation aircraft like the A321neo and Boeing 737 MAX series. The segment's dominance is further reinforced by the growing trend of point-to-point travel and the expansion of low-cost carriers across the region.

Freighter Aircraft Segment in North America Commercial Aviation Market
The freighter aircraft segment is experiencing notable growth in the North American market, driven by the expanding e-commerce sector and increasing air cargo demands. Major freight carriers are actively expanding their fleets to meet the growing logistics requirements. United Parcel Service's plans to add 55 aircraft to its fleet over the next two years, including eight B777F aircraft between 2023 and 2025, exemplify this growth trajectory. The segment is also benefiting from the rising demand for dedicated cargo operations, with carriers like Atlas Air expanding their freighter fleets. Additionally, the development of new trade relationships and the continued growth of online retail are creating sustained demand for air freight services, supporting the segment's expansion in the region.
North America Commercial Aviation Market Geography Segment Analysis
North America Commercial Aviation Market in the United States
The United States continues to dominate the North America aviation market, commanding approximately 85% of the total aircraft market share in 2024. The country's robust aviation infrastructure, presence of major airlines, and significant domestic travel market contribute to its market leadership. The commercial aircraft market has experienced substantial growth driven by increased air passenger traffic, fleet modernization initiatives, and improved economic conditions. Airlines in the country are actively pursuing fleet expansion and replacement programs, with a particular focus on fuel-efficient aircraft to meet sustainability goals. The presence of major manufacturers and a well-established maintenance, repair, and operations (MRO) network further strengthens the market position. The country's airlines are increasingly adopting next-generation aircraft technologies, particularly in the narrowbody segment, to optimize operational efficiency and reduce environmental impact. Additionally, the strong domestic market recovery and growing international routes have encouraged airlines to maintain aggressive fleet expansion plans.
North America Commercial Aviation Market in Mexico
Mexico's commercial aviation market is poised for remarkable growth, with a projected CAGR of approximately 5% during 2024-2029. The country's aviation sector is undergoing significant transformation, driven by increasing domestic and international air travel demand. The expansion of low-cost carriers and the modernization of airport infrastructure are creating new opportunities for market growth. Mexican airlines are actively pursuing fleet modernization programs, with a particular focus on fuel-efficient narrowbody aircraft that align with their route network requirements. The country's strategic geographical location between North and South America has made it an important hub for commercial aviation market activities. The growing middle class and increasing tourism sector are further driving the demand for air travel services. Additionally, the government's initiatives to improve aviation infrastructure and regulatory frameworks are creating a conducive environment for market expansion. The presence of both established carriers and emerging airlines is fostering healthy competition and driving innovation in service offerings.
North America Commercial Aviation Market in Canada
Canada's commercial aviation market demonstrates strong fundamentals, supported by its vast geographical expanse and the essential role of air transportation in connecting communities. The country's airlines are actively pursuing fleet modernization initiatives, with a focus on environmental sustainability and operational efficiency. The aviation sector plays a crucial role in the Canadian economy, contributing significantly to GDP and employment. Canadian carriers are expanding their route networks and strengthening their presence in both domestic and international markets. The country's well-developed aviation infrastructure and strong regulatory framework provide a solid foundation for market growth. Airlines are increasingly adopting digital technologies and innovative solutions to enhance passenger experience and operational efficiency. The focus on regional connectivity and the growing demand for air cargo services are creating new opportunities for market expansion. Additionally, the integration of advanced technologies and sustainable practices is shaping the future of the commercial aircraft industry in Canada.
North America Commercial Aviation Market in Other Countries
The North America aviation market in other territories demonstrates unique characteristics and growth opportunities. These regions, including various Caribbean nations and Central American countries, are developing their aviation sectors to support tourism and enhance regional connectivity. The focus on modernizing airport infrastructure and improving air navigation systems is creating new opportunities for market growth. Airlines operating in these regions are adapting their strategies to serve specific market needs, particularly in tourism-dependent economies. The integration of regional aviation networks and the development of hub-and-spoke systems are enhancing air connectivity. These markets are also witnessing increased interest from international carriers, leading to enhanced competition and service quality. The adoption of digital technologies and sustainable practices is becoming increasingly important in these regions' aviation sectors. Additionally, the development of maintenance and support facilities is contributing to the overall growth of the commercial aviation market ecosystem in these territories.
North America Commercial Aviation Industry Overview
Top Companies in North America Commercial Aviation Market
The commercial aviation market in North America is characterized by intense competition among established commercial aircraft manufacturers focusing on technological advancement and operational excellence. Companies are heavily investing in developing fuel-efficient aircraft models and sustainable aviation solutions, with particular emphasis on reducing carbon emissions and operating costs. Strategic partnerships with airlines and leasing companies have become increasingly important for securing long-term contracts and maintaining market position. Manufacturers are also expanding their production facilities and strengthening their supply chain networks to meet growing demand. The industry has witnessed significant product innovations, particularly in narrowbody aircraft development, while operational agility has become crucial as companies adapt to changing market conditions and customer preferences. Regional expansion strategies, particularly in maintenance and support services, have helped companies enhance their market presence and customer relationships.
Consolidated Market Led By Global Players
The North American commercial aircraft industry exhibits a highly consolidated structure dominated by global aerospace conglomerates with extensive manufacturing capabilities and comprehensive product portfolios. These major players leverage their established brand reputation, technological expertise, and extensive distribution networks to maintain their market positions. The market is characterized by high entry barriers due to substantial capital requirements, complex regulatory frameworks, and the need for advanced technological capabilities, which limits new entrant potential.
The industry landscape is shaped by strategic alliances and collaborations rather than traditional mergers and acquisitions, as major players focus on strengthening their core competencies and market presence. Companies are increasingly partnering with technology firms and research institutions to enhance their innovation capabilities and develop next-generation aircraft solutions. The market structure favors established players who can offer comprehensive solutions including aircraft manufacturing, after-sales support, and maintenance services, while smaller players typically focus on specialized components or regional market segments.
Innovation and Sustainability Drive Future Success
Success in the commercial aviation market increasingly depends on manufacturers' ability to develop innovative, fuel-efficient aircraft while meeting stringent environmental regulations and safety standards. Incumbent manufacturers must focus on expanding their product portfolios with next-generation aircraft that offer improved performance metrics and reduced operating costs. Companies need to strengthen their research and development capabilities while maintaining efficient production systems and robust supply chain networks. Building strong relationships with airlines and leasing companies through comprehensive support services and flexible financing options has become crucial for maintaining market share.
For contenders looking to gain ground, focusing on specific market segments or specialized aircraft types offers potential opportunities for growth. Success factors include developing innovative technologies that address specific customer needs, establishing strong partnerships with suppliers and service providers, and building efficient production systems. Companies must also navigate complex regulatory requirements while maintaining cost competitiveness and service quality. The increasing focus on environmental sustainability and operational efficiency presents opportunities for companies that can offer innovative solutions in these areas, while the growing importance of after-market services provides additional avenues for market expansion. Commercial aircraft manufacturers must also consider their market share of aircraft manufacturers and market share of aircraft manufacturing companies as they strategize for future growth.
North America Commercial Aviation Market Leaders
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Airbus SE
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ATR
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Embraer
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The Boeing Company
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United Aircraft Corporation
- *Disclaimer: Major Players sorted in no particular order
North America Commercial Aviation Market News
- June 2023: Boeing received solid 40 737 Max 8s orders from Irish aircraft leasing company Avolon.
- June 2023: Air Algérie, the national airline of Algeria, signed a contract to purchase seven wide-body aircraft to support commercial development.
- June 2023: Delta Air Lines Inc. is in talks with Airbus SE (AIR.PA) for a jumbo jet order. Orders include both A350 and A330neo dual-aisle.
Free With This Report
We provide a complimentary and exhaustive set of data points on global and regional metrics that present the fundamental structure of the industry. Presented in the form of 45+ free charts, the section covers data on commercial aircraft deliveries by manufacturer, backlogs of commercial aircraft, active military aircraft fleet by type of aircraft, overall business jets and helicopters fleet by manufacturer and also classified by type of ownership.
North America Commercial Aviation Market Report - Table of Contents
1. EXECUTIVE SUMMARY & KEY FINDINGS
2. REPORT OFFERS
3. INTRODUCTION
- 3.1 Study Assumptions & Market Definition
- 3.2 Scope of the Study
- 3.3 Research Methodology
4. KEY INDUSTRY TRENDS
- 4.1 Air Passenger Traffic
- 4.2 Air Transport Freight
- 4.3 Gross Domestic Product
- 4.4 Revenue Passenger Kilometers (rpk)
- 4.5 Inflation Rate
- 4.6 Regulatory Framework
- 4.7 Value Chain Analysis
5. MARKET SEGMENTATION (includes market size in Value in USD and Volume, Forecasts up to 2030 and analysis of growth prospects)
-
5.1 Sub Aircraft Type
- 5.1.1 Freighter Aircraft
- 5.1.2 Passenger Aircraft
- 5.1.2.1 Narrowbody Aircraft
- 5.1.2.2 Widebody Aircraft
-
5.2 Country
- 5.2.1 Canada
- 5.2.2 Mexico
- 5.2.3 United States
- 5.2.4 Rest of North America
6. COMPETITIVE LANDSCAPE
- 6.1 Key Strategic Moves
- 6.2 Market Share Analysis
- 6.3 Company Landscape
-
6.4 Company Profiles
- 6.4.1 Airbus SE
- 6.4.2 ATR
- 6.4.3 COMAC
- 6.4.4 De Havilland Aircraft of Canada Ltd.
- 6.4.5 Embraer
- 6.4.6 The Boeing Company
- 6.4.7 United Aircraft Corporation
- *List Not Exhaustive
7. KEY STRATEGIC QUESTIONS FOR AVIATION CEOS
8. APPENDIX
-
8.1 Global Overview
- 8.1.1 Overview
- 8.1.2 Porter’s Five Forces Framework
- 8.1.3 Global Value Chain Analysis
- 8.1.4 Market Dynamics (DROs)
- 8.2 Sources & References
- 8.3 List of Tables & Figures
- 8.4 Primary Insights
- 8.5 Data Pack
- 8.6 Glossary of Terms
List of Tables & Figures
- Figure 1:
- AIR PASSENGER TRAFFIC, NUMBER OF PASSENGERS TRAVELLED, NORTH AMERICA, 2017 - 2030
- Figure 2:
- AIR TRANSPORT FREIGHT, MILLION TON-KM, NORTH AMERICA, 2017 - 2030
- Figure 3:
- GROSS DOMESTIC PRODUCT, USD, NORTH AMERICA, 2017 - 2028
- Figure 4:
- DISTANCE TRAVELLED BY REVENUE PASSENGERS BY COUNTRY, RPK, NORTH AMERICA, 2017 - 2030
- Figure 5:
- INFLATION RATE, %, NORTH AMERICA, 2017 - 2030
- Figure 6:
- NUMBER OF NEW AIRCRAFT DELIVERIES, VOLUME, NORTH AMERICA, 2017 - 2030
- Figure 7:
- NUMBER OF NEW AIRCRAFT DELIVERIES, USD, NORTH AMERICA, 2017 - 2030
- Figure 8:
- COMMERCIAL AVIATION DELIVERIES BY SUB AIRCRAFT TYPE, VOLUME, NORTH AMERICA, 2017 - 2030
- Figure 9:
- COMMERCIAL AVIATION DELIVERIES BY SUB AIRCRAFT TYPE, USD, NORTH AMERICA, 2017 - 2030
- Figure 10:
- COMMERCIAL AVIATION DELIVERIES BY SUB AIRCRAFT TYPE, VOLUME %, NORTH AMERICA, 2017 VS 2023 VS 2030
- Figure 11:
- COMMERCIAL AVIATION DELIVERIES BY SUB AIRCRAFT TYPE, VALUE %, NORTH AMERICA, 2017 VS 2023 VS 2030
- Figure 12:
- NORTH AMERICA COMMERCIAL AVIATION MARKET, BY FREIGHTER AIRCRAFT, UNITS, 2017 - 2030
- Figure 13:
- NORTH AMERICA COMMERCIAL AVIATION MARKET, BY FREIGHTER AIRCRAFT, USD, 2017 - 2030
- Figure 14:
- NORTH AMERICA COMMERCIAL AVIATION MARKET, BY SUB AIRCRAFT TYPE, USD, %, 2023 VS 2030
- Figure 15:
- PASSENGER AIRCRAFT DELIVERIES BY BODY TYPE, VOLUME, NORTH AMERICA, 2017 - 2030
- Figure 16:
- PASSENGER AIRCRAFT DELIVERIES BY BODY TYPE, USD, NORTH AMERICA, 2017 - 2030
- Figure 17:
- PASSENGER AIRCRAFT DELIVERIES BY BODY TYPE, VOLUME %, NORTH AMERICA, 2017 VS 2023 VS 2030
- Figure 18:
- PASSENGER AIRCRAFT DELIVERIES BY BODY TYPE, VALUE %, NORTH AMERICA, 2017 VS 2023 VS 2030
- Figure 19:
- NORTH AMERICA COMMERCIAL AVIATION MARKET, BY NARROWBODY AIRCRAFT, UNITS, 2017 - 2030
- Figure 20:
- NORTH AMERICA COMMERCIAL AVIATION MARKET, BY NARROWBODY AIRCRAFT, USD, 2017 - 2030
- Figure 21:
- NORTH AMERICA COMMERCIAL AVIATION MARKET, BY BODY TYPE, USD, %, 2023 VS 2030
- Figure 22:
- NORTH AMERICA COMMERCIAL AVIATION MARKET, BY WIDEBODY AIRCRAFT, UNITS, 2017 - 2030
- Figure 23:
- NORTH AMERICA COMMERCIAL AVIATION MARKET, BY WIDEBODY AIRCRAFT, USD, 2017 - 2030
- Figure 24:
- NORTH AMERICA COMMERCIAL AVIATION MARKET, BY BODY TYPE, USD, %, 2023 VS 2030
- Figure 25:
- COMMERCIAL AVIATION DELIVERIES BY COUNTRY, VOLUME, NORTH AMERICA, 2017 - 2030
- Figure 26:
- COMMERCIAL AVIATION DELIVERIES BY COUNTRY, USD, NORTH AMERICA, 2017 - 2030
- Figure 27:
- COMMERCIAL AVIATION DELIVERIES BY COUNTRY, VOLUME %, NORTH AMERICA, 2017 VS 2023 VS 2030
- Figure 28:
- COMMERCIAL AVIATION DELIVERIES BY COUNTRY, VALUE %, NORTH AMERICA, 2017 VS 2023 VS 2030
- Figure 29:
- NORTH AMERICA COMMERCIAL AVIATION MARKET, BY CANADA, UNITS, 2017 - 2030
- Figure 30:
- NORTH AMERICA COMMERCIAL AVIATION MARKET, BY CANADA, USD, 2017 - 2030
- Figure 31:
- COMMERCIAL AVIATION DELIVERIES SHARE, VALUE, %, CANADA, 2023 VS 2030
- Figure 32:
- NORTH AMERICA COMMERCIAL AVIATION MARKET, BY MEXICO, UNITS, 2017 - 2030
- Figure 33:
- NORTH AMERICA COMMERCIAL AVIATION MARKET, BY MEXICO, USD, 2017 - 2030
- Figure 34:
- COMMERCIAL AVIATION DELIVERIES SHARE, VALUE, %, MEXICO, 2023 VS 2030
- Figure 35:
- NORTH AMERICA COMMERCIAL AVIATION MARKET, BY UNITED STATES, UNITS, 2017 - 2030
- Figure 36:
- NORTH AMERICA COMMERCIAL AVIATION MARKET, BY UNITED STATES, USD, 2017 - 2030
- Figure 37:
- COMMERCIAL AVIATION DELIVERIES SHARE, VALUE, %, UNITED STATES, 2023 VS 2030
- Figure 38:
- NORTH AMERICA COMMERCIAL AVIATION MARKET, BY REST OF NORTH AMERICA, UNITS, 2017 - 2030
- Figure 39:
- NORTH AMERICA COMMERCIAL AVIATION MARKET, BY REST OF NORTH AMERICA, USD, 2017 - 2030
- Figure 40:
- COMMERCIAL AVIATION DELIVERIES SHARE, VALUE, %, REST OF NORTH AMERICA, 2023 VS 2030
- Figure 41:
- MOST ACTIVE COMPANIES, NUMBER OF STRATEGIC MOVES, NORTH AMERICA, 2018-2023
- Figure 42:
- MOST ADOPTED STRATEGIES, COUNT, NORTH AMERICA, 2018 - 2023
- Figure 43:
- MAJOR PLAYERS REVENUE SHARE (%), NORTH AMERICA
North America Commercial Aviation Industry Segmentation
Freighter Aircraft, Passenger Aircraft are covered as segments by Sub Aircraft Type. Canada, Mexico, United States are covered as segments by Country.Sub Aircraft Type | Freighter Aircraft | ||
Passenger Aircraft | Narrowbody Aircraft | ||
Widebody Aircraft | |||
Country | Canada | ||
Mexico | |||
United States | |||
Rest of North America |
Market Definition
- Aircraft Type - Commercial Aviation includes aircraft used to haul passengers and freight on a scheduled basis between selected airports.
- Body Type - Narrowbody and widebody aircraft which are single aisle and twin aisle are included under this study.
- Sub-Aircraft Type - Fixed-Wing passenger aircraft and freighter aircraft operated by airlines and adapted for carrying passengers and cargo are considered under the study.
Keyword | Definition |
---|---|
IATA | IATA stands for the International Air Transport Association, a trade organization composed of airlines around the world that has an influence over the commercial aspects of flight. |
ICAO | ICAO stands for International Civil Aviation Organization, a specialized agency of the United Nations that supports aviation and navigation around the globe. |
Air Operator Certificate (AOC) | A certificate granted by a National Aviation Authority permitting the conduct of commercial flying activities. |
Certificate Of Airworthiness (CoA) | A Certificate Of Airworthiness (CoA) is issued for an aircraft by the civil aviation authority in the state in which the aircraft is registered. |
Gross Domestic Product (GDP) | Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced in a specific time period by countries. |
RPK (Revenue Passenger Kilometres) | The RPK of an airline is the sum of the products obtained by multiplying the number of revenue passengers carried on each flight stage by the stage distance - it is the total number of kilometers traveled by all revenue passengers. |
Load Factor | The load factor is a metric used in the airline industry that measures the percentage of available seating capacity that has been filled with passengers. |
Original Equipment Manufacturer (OEM) | An original equipment manufacturer (OEM) traditionally is defined as a company whose goods are used as components in the products of another company, which then sells the finished item to users. |
International Transportation Safety Association (ITSA) | International Transportation Safety Association (ITSA) is an international network of heads of independent safety investigation authorities (SIA). |
Available Seats Kilometre (ASK) | This metric is calculated by multiplying Available Seats (AS) in one flight, defined above, multiplied by the distance flown. |
Gross Weight | The fully-loaded weight of an aircraft, also known as “takeoff weight,” which includes the combined weight of passengers, cargo, and fuel. |
Airworthiness | The ability of an aircraft, or other airborne equipment or system, to operate in flight and on the ground without significant hazard to aircrew, ground crew, passengers or to other third parties. |
Airworthiness Standards | Detailed and comprehensive design and safety criteria applicable to the category of aeronautical product (aircraft, engine or propeller). |
Fixed Base Operator (FBO) | A business or organization that operates at an airport. An FBO provides aircraft operating services like maintenance, fueling, flight training, charter services, hangaring, and parking. |
High Net worth Individuals (HNWIs) | High Net worth Individuals (HNWIs) are individuals with over USD 1 million in liquid financial assets. |
Ultra High Net worth Individuals (UHNWIs) | Ultra High Net worth Individuals (UHNWIs) are individuals with over USD 30 million in liquid financial assets. |
Federal Aviation Administration (FAA) | The division of the Department of Transportation is concerned with aviation. It operates Air Traffic Control and regulates everything from aircraft manufacturing to pilot training to airport operations in the United States. |
EASA (European Aviation Safety Agency) | The European Aviation Safety Agency is a European Union agency established in 2002 with the task of overseeing civil aviation safety and regulation. |
Airborne Warning and Control System (AW&C) aircraft | Airborne Warning and Control System (AEW&C) aircraft is equipped with a powerful radar and on-board command and control center to direct the armed forces. |
The North Atlantic Treaty Organization (NATO) | The North Atlantic Treaty Organization (NATO), also called the North Atlantic Alliance, is an intergovernmental military alliance between 30 member states – 28 European and two North American. |
Joint Strike Fighter (JSF) | Joint Strike Fighter (JSF) is a development and acquisition program intended to replace a wide range of existing fighter, strike, and ground attack aircraft for the United States, the United Kingdom, Italy, Canada, Australia, the Netherlands, Denmark, Norway, and formerly Turkey. |
Light Combat Aircraft (LCA) | A light combat aircraft (LCA) is a light, multirole jet/turboprop military aircraft, commonly derived from advanced trainer designs, designed for engaging in light combat. |
Stockholm International Peace Research Institute (SIPRI) | Stockholm International Peace Research Institute (SIPRI) is an international institute that provides data, analysis, and recommendations for armed conflict, military expenditure, and arms trade as well as disarmament and arms control. |
Maritime Patrol Aircraft (MPA) | A maritime patrol aircraft (MPA), also known as maritime reconnaissance aircraft is a fixed-wing aircraft designed to operate for long durations over water in maritime patrol roles, in particular, anti-submarine warfare (ASW), anti-ship warfare (AShW), and search and rescue (SAR). |
Mach Number | The Mach number is defined as the ratio of true airspeed to the speed of sound at the altitude of a given aircraft. |
Stealth Aircraft | Stealth is a Common term applied to low observable (LO) technology and doctrine, that makes an aircraft near invisible to radar, infrared or visual detection. |
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