Market Snapshot
Study Period | 2015 - 2024 |
Base Year For Estimation | 2020 |
CAGR (2024 - 2031) | 320.00 % |
Fastest Growing Market | Australia and New Zealand |
Largest Market | Asia |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Market Overview
The Aerobatic Aircraft Market is expected to register a CAGR of 320% during the forecast period.
The COVID-19 pandemic resulted in a full-scale crisis, with the imposition of travel restrictions and the suspension of flights in a global effort to contain the spread of the virus. The aviation industry is in survival mode, crippled by traffic and revenue losses. According to the most recent updates from IATA, ICAO, the Airports Council International (ACI), and the United Nations World Tourism Organization (UNWTO), international air passenger traffic in 2022 climbed 152.7% versus 2021 and reached 62.2% of 2019 levels. December 2022 international traffic climbed 80.2% over December 2021, reaching 75.1% of the level in December 2019.
The expansion of major airlines' fleet sizes and the rapid growth of the commercial aviation sector are expected to drive demand for new airliners and, as a result, landing gear. Due to the increased production of next-generation aircraft, the civil aviation sector is expected to grow significantly. Improvements in global economic conditions have increased global air passenger traffic. To meet rising air travel demand, the number of commercial airplanes has increased dramatically. This increase in the number of commercial aircraft is expected to drive demand for commercial aircraft landing gear systems
Key Market Trends
Sub Heading
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Competitive Landscape
The COVID-19 pandemic resulted in a full-scale crisis, with the imposition of travel restrictions and the suspension of flights in a global effort to contain the spread of the virus. The aviation industry is in survival mode, crippled by traffic and revenue losses. According to the most recent updates from IATA, ICAO, the Airports Council International (ACI), and the United Nations World Tourism Organization (UNWTO), international air passenger traffic in 2022 climbed 152.7% versus 2021 and reached 62.2% of 2019 levels. December 2022 international traffic climbed 80.2% over December 2021, reaching 75.1% of the level in December 2019.
The expansion of major airlines' fleet sizes and the rapid growth of the commercial aviation sector are expected to drive demand for new airliners and, as a result, landing gear. Due to the increased production of next-generation aircraft, the civil aviation sector is expected to grow significantly. Improvements in global economic conditions have increased global air passenger traffic. To meet rising air travel demand, the number of commercial airplanes has increased dramatically. This increase in the number of commercial aircraft is expected to drive demand for commercial aircraft landing gear systems. Source: https://www.mordorintelligence.com/industry-reports/commercial-aircraft-landing-gear-market
Major Players
Hero Example
*Disclaimer: Major Players sorted in no particular order
Recent Development
The COVID-19 pandemic resulted in a full-scale crisis, with the imposition of travel restrictions and the suspension of flights in a global effort to contain the spread of the virus. The aviation industry is in survival mode, crippled by traffic and revenue losses. According to the most recent updates from IATA, ICAO, the Airports Council International (ACI), and the United Nations World Tourism Organization (UNWTO), international air passenger traffic in 2022 climbed 152.7% versus 2021 and reached 62.2% of 2019 levels. December 2022 international traffic climbed 80.2% over December 2021, reaching 75.1% of the level in December 2019.
The expansion of major airlines' fleet sizes and the rapid growth of the commercial aviation sector are expected to drive demand for new airliners and, as a result, landing gear. Due to the increased production of next-generation aircraft, the civil aviation sector is expected to grow significantly. Improvements in global economic conditions have increased global air passenger traffic. To meet rising air travel demand, the number of commercial airplanes has increased dramatically. This increase in the number of commercial aircraft is expected to drive demand for commercial aircraft landing gear systems. Source: https://www.mordorintelligence.com/industry-reports/commercial-aircraft-landing-gear-market
Aerobatic Aircraft Market Report - Table of Contents
1. INTRODUCTION Edited 1 2 3
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Value Chain / Supply Chain Analysis
4.5 Porters 5 Force Analysis
4.5.1 Threat of New Entrants
4.5.2 Bargaining Power of Buyers/Consumers
4.5.3 Bargaining Power of Suppliers
4.5.4 Threat of Substitute Products
4.5.5 Intensity of Competitive Rivalry
4.6 PESTLE Analysis
5. MARKET SEGMENTATION
5.1 Application
5.1.1 App2
5.1.2 App1
5.1.3 App3
5.2 Type
5.2.1 Type1
5.2.2 Type2
5.2.3 Type3
5.2.4 Type4
5.3 Geography
5.3.1 North America
5.3.1.1 US
5.3.1.2 Canada
5.3.1.3 Mexico
5.3.1.4 Rest of NA
5.3.2 Europe
5.3.2.1 Germany
5.3.2.2 UK
5.3.2.3 France
5.3.2.4 Russia
5.3.2.5 Spain
5.3.2.6 Rest of NA
5.3.3 Asia Pacific
5.3.3.1 India
5.3.3.2 China
5.3.3.3 Japan
5.3.3.4 Rest of AP
5.3.4 South America
5.3.4.1 Brazil
5.3.4.2 Argentina
5.3.5 Middle East
5.3.5.1 UAE
5.3.5.2 Saudi Arabia
5.3.5.3 Rest
6. COMPETITIVE LANDSCAPE
6.1 Vendor Market Share
6.2 Mergers & Acquisitions
6.3 Company Profile
6.3.1 Company A
6.3.2 Company B
6.3.3 Company C
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Scope of the Report
The COVID-19 pandemic resulted in a full-scale crisis, with the imposition of travel restrictions and the suspension of flights in a global effort to contain the spread of the virus. The aviation industry is in survival mode, crippled by traffic and revenue losses. According to the most recent updates from IATA, ICAO, the Airports Council International (ACI), and the United Nations World Tourism Organization (UNWTO), international air passenger traffic in 2022 climbed 152.7% versus 2021 and reached 62.2% of 2019 levels. December 2022 international traffic climbed 80.2% over December 2021, reaching 75.1% of the level in December 2019.
The expansion of major airlines' fleet sizes and the rapid growth of the commercial aviation sector are expected to drive demand for new airliners and, as a result, landing gear. Due to the increased production of next-generation aircraft, the civil aviation sector is expected to grow significantly. Improvements in global economic conditions have increased global air passenger traffic. To meet rising air travel demand, the number of commercial airplanes has increased dramatically. This increase in the number of commercial aircraft is expected to drive demand for commercial aircraft landing gear systems. Source: https://www.mordorintelligence.com/industry-reports/commercial-aircraft-landing-gear-market
Aerobatic Aircraft Market Research Faqs
What is the current Aerobatic Aircraft Market size?
The Aerobatic Aircraft Market is projected to register a CAGR of 320% during the forecast period (2021-2024)
Who are the key players in Aerobatic Aircraft Market?
Hero Example are the major companies operating in the Aerobatic Aircraft Market.
Which is the fastest growing region in Aerobatic Aircraft Market?
Australia and New Zealand is estimated to grow at the highest CAGR over the forecast period (2021-2024).
Which region has the biggest share in Aerobatic Aircraft Market?
In 2021, the Asia accounts for the largest market share in Aerobatic Aircraft Market.
What years does this Aerobatic Aircraft Market cover?
The report covers the Aerobatic Aircraft Market historical market size for years: 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Aerobatic Aircraft Market size for years: 2024.
Aerobatic Aircraft Industry Report
Statistics for the 2024 Aerobatic Aircraft market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Aerobatic Aircraft analysis includes a market forecast outlook and historical overview. Get a sample of this industry analysis as a free report PDF download.