Global aircraft demand is entering a strong growth phase, driven by rebounding air travel, the pursuit of fuel efficiency, and industry-wide sustainability goals.

Long-term demand for new aircraft is robust, although evolving uncertainties and new competition are reshaping the competitive landscape among major manufacturers.

Industry forecasts from Cirium indicate roughly 45,000 new, fuel-efficient aircraft will be delivered worldwide by 2040, representing a $2.9 trillion market.

China is expected to be the leading region with around 20% of all deliveries, spurred by air passenger growth above 6% annually.

North America and Asia-Pacific (excluding China) will each account for approximately 20% of deliveries, Europe 17%, and the Middle East and Latin America 7% each.

A clear trend emerges: single-aisle jets will make up 70% of all planes delivered, reflecting strong demand from low-cost carriers and airlines serving domestic/regional routes—especially in rapidly expanding Asian markets.

These include models such as the Airbus A320neo and Boeing 737 Max 8, both of which are flagships of fleet renewal programs worldwide.

Boeing’s latest projection is slightly more conservative than Cirium’s: around 41,170 deliveries through 2041, down from previous estimates.

Boeing forecasts annual air passenger growth at 3.8% and expects airlines will need about 19,575 new jets by 2031.

It excludes Russia from its projections due to sanctions and political uncertainty.

Airbus is more bullish, expecting about 39,490 deliveries by 2041, increasing its prior outlook.

The difference in views underscores market uncertainty in more mature regions, with Boeing seeing some saturation ahead while Airbus believes in continued global growth.

Projected market share comparisons reflect the changing global competition.

Boeing and Airbus will continue to dominate the global market, historically splitting most deliveries.

However, Airbus has recently outperformed Boeing in annual narrowbody deliveries (e.g., in 2021, Airbus delivered 533 single-aisle jets to Boeing’s 263), partially due to safety concerns and regulatory issues hampering the 737 Max’s return.

Looking forward, Airbus is expected to gain additional share particularly in Europe, Middle East, and Asia-Pacific, while Boeing retains strength in North America.

COMAC is emerging as a formidable player in China, propelled by over 1,000 orders of its C919 narrowbody from Chinese carriers and strong state backing.

Its impact is currently concentrated in China, but growth may spill into export markets if certification and perception hurdles are overcome.

Embraer, while smaller, maintains leadership in the regional jet market—its E-Series jets are increasingly popular for short-haul, secondary, and “right-sizing” routes, especially in emerging markets.

Embraer’s growth strategy focuses on product innovation (such as the E2 series) and targeting airlines looking to optimize capacity in fluctuating demand environments.

Lockheed Martin, while primarily recognized for defense, has reinforced its civil and dual-use aerospace portfolio and is leveraging partnerships (including with Airbus Defence and Space) to capitalize on both government and commercial aerospace growth opportunities.

Regionally, demand patterns for aircraft types offer further clarity.

Single-aisle jets lead in Asia-Pacific (notably China, India, and Southeast Asia), North America, and Europe, where dense routes, budget carriers, and frequency-focused airlines dominate.

These markets underpin the narrowbody boom as they expand rapidly to serve rising traveler populations and new point-to-point connections.

In contrast, twin-aisle (widebody) jets are primarily driven by long-haul international routes, particularly in the Middle East (with carriers like Emirates and Qatar Airways), select European hubs, and certain North American airlines operating large intercontinental networks.

However, widebody demand as a share of total deliveries will be lower than narrowbody, reflecting ongoing recovery in long-haul traffic and a shift to more direct, lower-capacity flights.

Asia’s international gateway cities and the Middle East’s global connectors sustain the widebody market segment, with strategic orders for aircraft like the Boeing 787, 777X, and Airbus A350.

South Asia (primarily India) and Southeast Asia are forecast for the fastest fleet expansion.

India’s fleet alone is set to more than triple, reaching around 2,600 jets by 2041.

Southeast Asia will nearly double its fleet to 4,500, supported by growing economies, a burgeoning middle class, and increasing air travel liberalization.

In contrast, North America sees modest growth driven by major fleet renewal, while China, Europe, and Latin America are projected for a slower pace or even slight declines owing to market maturity, demographic constraints, and slower post-pandemic recovery in long-haul segments.

Several macrotrends underpin future aircraft demand.

Key drivers include the strong rebound in travel post-pandemic, accelerated by widespread fleet renewal to enhance efficiency and sustainability.

Airlines are prioritizing fuel savings and emissions reduction, leading to large-scale retirements of older, less efficient aircraft.

Government mandates and environmental, social, and governance (ESG) pressures further incentivize carriers to buy next-generation jets.

Technological advancements—more efficient engines, lightweight materials, digital cockpits, and passenger-centric features such as advanced lighting and inflight connectivity—are critical differentiators as airlines compete on product experience and cost-effectiveness.

Strategic manufacturer moves reflect these priorities.

Airbus and Boeing are both investing heavily in new aircraft programs centered on sustainability and digital transformation, with next-generation single-aisle jets likely in the 2030s.

COMAC leverages robust government-industry partnership to secure its place in the Chinese market and aims for future export potential.

Embraer is targeting fleet optimization for regional carriers and tapping into growing demand in emerging markets.

Lockheed Martin, with a traditional defense orientation, is expanding its civil aerospace exposure through technology partnerships and dual-use aviation solutions.

Additionally, both new aircraft purchases and the refurbishment of existing fleets (improving cabins, adding connectivity, and upgrading sustainability features) are being employed by airlines eager to extend asset lives while modernizing passenger experience.

Potential uncertainties and risks, however, could alter these forecasts.

Economic cycles, surges in oil prices, higher interest rates, or global recessions could suppress airline profitability and delay fleet investments.

Persistent supply chain disruptions, labor shortages, regulatory disagreements, and geopolitical conflicts (notably US-China tensions and Russia’s exclusion from Western markets) pose additional risk.

Further, pace of technology adoption and regulatory approvals for new aircraft (especially those powered by alternative energy) remains a wildcard for timelines and adoption curves.

In summary, the aerospace market is poised for sustained long-term growth, anchored by massive narrowbody demand in Asia and steady replacement cycles in North America and Europe.

Airbus and Boeing will continue to dominate with wide-reaching global customers and pioneering technologies, but COMAC’s rise in China and Embraer’s regional strategy signal growing fragmentation and opportunity in specific segments.

Lockheed Martin, meanwhile, advances its diversification, leveraging both commercial and defense growth.

Investors should weigh the strengths of established manufacturers that prioritize sustainability and innovation, while watching for incremental gains by regional leaders and emerging competitors, particularly as Asia’s aviation sector defines the trajectory of global fleet expansion.

Diverse regional trends, evolving technologies, and inherent industry risks demand a balanced, forward-looking approach to aerospace sector investment.

Global aircraft demand is entering a strong growth phase, driven by rebounding air travel, the pursuit of fuel efficiency, and industry-wide sustainability goals.

Title:

Content: NEW YORK, Sept. 13, 2021 /PRNewswire/ -- Research Dive has published a report titled, "Aerospace Avionics Market by Systems (Flight Control System, Communication System, Navigation System, Monitoring System, and Others), Application (Commercial Aviation, Military Aviation, and Business Jets & General Aviation), Distribution Channel (OEM and Aftermarket), and Regional Analysis (North America, Europe, Asia-Pacific, and LAMEA): Global Opportunity Analysis and Industry Forecast, 2021-2028"

The Global Aerospace Avionics Market is predicted to garner a revenue of $1,18,619.0 million at a CAGR of 6.7% during the forecast period, rising from $71,362.8 million in 2020.

Download PDF Sample Report of Global Aerospace Avionics Market

Regional Analysis

North America Aerospace Avionics Market accounted for $24,192.0 million in 2020 and is further predicted to generate a revenue of $38,990.1 million by the end of 2028.  The countries such as the U.S. and Canada have the most advanced infrastructure in the commercial and military aviation industry. Apart from this, the leading players of the industry are focusing on the research and development of aerospace avionics which has increased the chances of growth and sustainability of the market. These factors are expected to enhance the market growth during the forecast period.

Get 20% OFF on North America Aerospace Avionics Market Analysis (Customization)

Key Segments of the Market

The report has divided the market into different segments based on system, application, distribution channel, and regional analysis.

  • Systems: The flight control system sub-segment is predicted to garner a dominating revenue of $44,541.4 million in 2028, surging from $ 27,763.5 million in 2020. Demand of advanced aircraft operations in the military and commercial aviation is expected to be one of the main factors behind the growth of the market segment.
  • Application: The commercial aviation sub-segment is expected to register the highest revenue of $62,638.0 by the end of 2028, at a healthy CAGR of 7.0% during the forecast period.

The rising number of air travelers across the world is going to enhance the growth of the market segment during the forecast period.

  • Distribution Channel: The original equipment manufacturer (OEM) sub-segment is forecasted to garner a revenue of $67,910.5 million by 2028, increasing from $41,429.5 million in 2020. The growth of commercial, general, and military aviation in recent years is the main factor enhancing the growth of the market segment in upcoming years.

Get Additional 20% OFF on Report Customization: Grab PROMO CODE

Dynamics of the Market

Driver: The increasing number of air travelers has surged the demand of commercial aviation, propelling the growth of the global aerospace avionics market during the forecast period. Avionics systems such as communication systems, flight management system, navigation system, electrical, and surveillance systems are used in commercial systems. These factors are expected to enhance the growth of the market during the forecast period.

Restraint: Being highly sophisticated, the costs of commercial aircrafts are highly expensive. They require a huge investment for manufacturing, maintenance, and operations. This is expected to be the main restraining factor of the industry during the forecast period.

Opportunity: The increasing demand of military and commercial aircrafts is expected to create many opportunities for the market in upcoming years.

Key Market Players & Strategies

  1. NORTHROP GRUMMAN CORPORATION
  2. L3Harris Technologies, Inc.
  3. General Dynamics Corporation
  4. BAE Systems
  5. Thales Group
  6. Leonardo S.P.A
  7. Elbit Systems Ltd.
  8. Airbus
  9. General Electric
  10. Boeing

- Inquire and Get Quick Access to Top Companies Development Strategies Summary Report

These players are working on developing strategies such as product development, mergers and acquisitions, partnerships and collaborations to sustain the market growth.

The report also summarizes many important aspects including financial performance of the key players, SWOT analysis, product portfolio, and recent strategic developments.

Recent Development

In April 2021, Elbit Systems Ltd announced that its U.S. subsidiary, Elbit Systems of America, LLC, completed the acquisition of Sparton Corporation, a premier producer, developer, and supplier of systems helping Undersea Warfare for the U.S. Navy and allied military forces.

Elbit Systems expects that this acquisition will enhance its portfolio by the addition of the technological strength of Sparton to the long term strategy of the company.

Impact of COVID-19 on the Global Aerospace Avionics Market

The coronavirus outbreak has impacted the Global Aerospace Avionics Market in a negative way. Due to the restrictions imposed on the travel and tourism industry during the pandemic, the passenger demand of aircrafts has been declined. This factor resulted in the decreased demand of avionics hardware and software in the commercial aviation sector. However, with the revised and restructured business models of the industry, the global market is expected to growth after the end of the pandemic.

Access Our Comprehensive Analysis of the Impact of Covid-19 on GLOBAL AEROSPACE AVIONICS MARKET

More about Aerospace Avionics

Global Aerospace Avionics Market Is Anticipated To Generate A Revenue Of $1,18,619.0 Million, Growing At A CAGR Of 6.7% From 2021 To 2028

Global Aerospace Avionics Market Propelling with the Surging Demand of Commercial Aircrafts

How are New Technologies Going to Boom Aerospace Avionics Industry?

Related Trending Topics:

  1. Homeland Security Market: Global Opportunity Analysis and Industry Forecast, 2021-2028 – Request to Download Sample Report
  2. UAV Drone Market: Global Opportunity Analysis and Industry Forecast, 2020-2027 – Request to Download Sample Report
  3. Satellite Data Services Market: Global Opportunity Analysis and Industry Forecast, 2021-2028 – Request to Download Sample Report

About Research Dive:

Research Dive is a market research firm based in Pune, India. Maintaining the integrity and authenticity of the services, the firm provides the services that are solely based on its exclusive data model, compelled by the 360-degree research methodology, which guarantees comprehensive and accurate analysis. With an unprecedented access to several paid data resources, team of expert researchers, and strict work ethic, the firm offers insights that are extremely precise and reliable. Scrutinizing relevant news releases, government publications, decades of trade data, and technical & white papers, Research dive deliver the required services to its clients well within the required timeframe. Its expertise is focused on examining niche markets, targeting its major driving factors, and spotting threatening hindrances. Complementarily, it also has a seamless collaboration with the major industry aficionado that further offers its research an edge.

Contact Us:

Mr. Abhishek Paliwal

Research Dive

30 Wall St. 8th Floor, New York NY 10005

(P) +91-(788)-802-9103 (India)

Toll Free: 1-888-961-4454

E-mail: support@researchdive.com

Website: https://www.researchdive.com

Blog: https://www.researchdive.com/blog/

LinkedIn: https://www.linkedin.com/company/research-dive/

Twitter: https://twitter.com/ResearchDive

Facebook: https://www.facebook.com/Research-Dive-1385542314927521

View original content:https://www.prnewswire.com/news-releases/rising-demand-for-air-travel-expected-to-surge-the-growth-of-the-global-aerospace-avionics-market-in-upcoming-years-2021-2028---exclusive-report-285-pages-by-research-dive-301375095.html

SOURCE Research Dive

DISCLAIMER FOR COMMENTS: The views expressed by public comments are not those of this company or its affiliated companies. Please note by clicking on "Post" you acknowledge that you have read the TERMS OF USE and the comment you are posting is in compliance with such terms. Your comments may be used on air. Be polite. Inappropriate posts or posts containing offsite links, images, GIFs, inappropriate language, or memes may be removed by the moderator. Job listings and similar posts are likely automated SPAM messages from Facebook and are not placed by WFMZ-TV.

What impact shall the carbon tax to be imposed by EU in 2026 have on aircraft market?

It is conducive to the sales of new aircraft with better fuel efficiency.

Long-term demand for new aircraft is robust, although evolving uncertainties and new competition are reshaping the competitive landscape among major manufacturers.

Industry forecasts from Cirium indicate roughly 45,000 new, fuel-efficient aircraft will be delivered worldwide by 2040, representing a $2.9 trillion market.

Title:

Content: Cirium expects 45,000 more fuel-efficient aircraft to be delivered by 2040, worth $2.9 trillion
Cirium predicts that over the next 20 years, the world will spend $2.9 trillion on about 45,000 new aircraft.
• New aircraft expected to be delivered will replace the ageing fleet to meet projected annual growth of 3.7% in air passenger traffic
Single-aisle jets are expected to account for 70% of passenger aircraft deliveries by 2040
• China is expected to top the list with a 20% share in aircraft deliveries – the region ’ s air passenger growth is expected to exceed 6%
• Around 80% of existing passenger aircraft will be retired between 2021 and 2040
Over 3,500 freighter deliveries over the next 20 years – including new freighters and modified airliners
Download
Loading media player...
An estimated 45,000 aircraft worth U.S. $2.9 trillion to be delivered by 2040.
Revealed in Cirium's new Fleet Forecast.
LONDON -- The newly released 2021 Cirium Fleet Forecast shows that around 45,000 new, more fuel-efficient aircraft will be purchased globally over the next 20 years, with an estimated $2.9 trillion in aircraft purchases.
According to the Cirium Fleet Forecast released by Ascend by Cirium, a consulting firm of aviation analytics firm Cirium, global cumulative aircraft deliveries for the next 20 years will be 4% higher than predicted a year ago by 2040.
The report outlines the positive outlook for the aviation industry and its recovery from the COVID-19 pandemic.
The COVID-19 pandemic has severely affected air travel, as well as aircraft deliveries.
Global aircraft deliveries fell by 43% - or 600 aircraft - in 2020.
Aircraft deliveries recovered somewhat in 2021, but are still 25% below 2019 levels.
Air travel is reopening as global vaccination programs become more widespread, leading to an increase of 300 aircraft deliveries in 2021 — a feat achieved when Boeing 787 was found to be problematic.
Rob Morris, Global Advisory Director, Ascend by Cirium, said: “The Cirium Fleet Forecast 2021 presents an optimistic long-term outlook for the aviation industry, which will return to a more traditional growth trajectory after 2024, although structurally different from before.
Air passenger traffic is expected to grow at an annual rate of 3.7%, so the global passenger fleet will need to increase by almost 22,000 aircraft.
“If the above projections are realized, the global passenger fleet will reach the size of about 47,200 aircraft by the end of 2040. ”
The projected delivery of new aircraft will not only meet the growing demand for air transport, but will also replace older aircraft that are less fuel efficient. "
China leads in aircraft deliveries
The number of aircraft deliveries will vary depending on the region where the airline is located, and the Asian market is expected to be the growth engine.
China is expected to lead the world with more than 6% growth in air passenger traffic – also topping the list in aircraft deliveries, accounting for 20% of the world ’ s total.
China ’ s delivery figures are significantly ahead of all other Asia-Pacific countries, which together account for 22% of the total.
North American carriers are expected to account for 20 percent, while European carriers will account for 17 percent.
The Middle East is estimated to account for 7% of the share, but because the region will deliver a large number of twin-aisle aircraft, it will account for 11% in terms of aircraft value.
Latin America, which is similar to the Middle East, will also account for 7%.
Russia and the Commonwealth of Independent States (CIS) accounted for 4%, and Africa accounted for 3%.
Most of the new deliveries will be single-aisle jets
The fleet forecast report shows that over the next 20 years, single-aisle jets will account for 70% of total aircraft deliveries and 55% of total delivery value.
The total value of newly delivered single-aisle jets is $1.6 trillion.
The mainstream model will still be the 150-seat aircraft, represented by the Airbus A320neo and Boeing 737 Max 8, which will account for 50% of deliveries.
Popular models with more than 180 seats include the A321 neo and the B737 Max 10, which will have an increasing share each year and will account for 40% of deliveries over the next 20 years.
Airbus and Boeing are expected to develop a new generation of single-aisle aircraft in the early to mid-2030s.
The $1.1 trillion dual-aisle aircraft market will be dominated by the B787 and A350 models, with 250-300-seat “medium ” aircraft accounting for about 65% of the total value delivered.
The large passenger aircraft market will be contested by the A350-1000 and the B777-9.
Aircraft deliveries in regional markets are expected to reach a scale of $150 billion.
About a third of them will be turboprop aircraft, based on 70-seat models.
Starting in 2030, a larger 90-seat model will enter the market.
Future new aircraft projects in the market include the MA700 from China and an expected new line of aircraft from Embraer.
Older models will be replaced by a new generation of aircraft.
It is predicted that about 80% of current passenger aircraft will be out of passenger service between 2021 and 2040.
As the airline industry begins to focus on driving down carbon emissions and focusing on sustainability, it will become increasingly important to replace these older, more fuel-efficient aircraft with new models.
Overall, in addition to several relatively new aircraft that are being phased out earlier, around 19,000 aircraft in the global passenger fleet will be phased out by the end of 2020.
According to analysis by Ascend by Cirium, the average economic life expectancy for single-aisle aircraft is 22 years and for twin-aisle aircraft is 20 years.
The number of freighters is growing: including new freighters and refitted freighters
As the global freight industry continues to perform strongly, freighter capacity (based on available tonnage kilometres) is expected to grow by 3.3% over 2019, with a projected supply of around 3,500 freighters over the next 20 years.
Of this total, it is expected that 30 per cent will be new freighters and 70 per cent will be converted from passenger aircraft.
About 1,050 new freighters are expected to be shipped, valued at $121 billion.
More online shopping during the epidemic period has promoted the development of e-commerce, and the growth of e-commerce has promoted the conversion of airliners to freighters.
Modification projects are focused on newer models such as the A321, B737-800, A330 and B777-300ER.
The Cirium Fleet Forecast is an independent outlook report on the global commercial passenger and cargo aircraft market, based on the industry ’ s premier combination of data and years of expertise.
Click here to download the executive summary of the Cirium Fleet Forecast 2021.
About Cirium
Cirium is a company that combines powerful data and analytics services to drive the world ’ s continued growth. With decades of industry experience, Cirium provides clients with expert insights to help companies, aircraft manufacturers, airports, airlines and financial institutions make informed business decisions that shape the future of the travel industry, improve business returns and improve customer experience. RELX PLC is the world ’ s leading provider of information and data analytics to professional and commercial customers across a wide range of industries.
Shares of parent company RELX PLC are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX.
Visit cirium.com for more information or follow Cirium ’ s LinkedIn account and WeChat account, CiriumCN.
Disclaimer: The original version of this announcement is the official authorized version. The translation is for convenience only. Please refer to the original version, the original version is the only version with legal effect.
Contacts
For media inquiries, please contact:
Cirium Media Team
Rachel Humphries / June Lee
media @ Cirium.com
The PC Agency
Paul Charles / Michael Johnson / Callum McGoldrick
Cirium @ pc.agency
Contacts
For media inquiries, please contact:
Cirium Media Team
Rachel Humphries / June Lee
media @ Cirium.com
The PC Agency
Paul Charles / Michael Johnson / Callum McGoldrick
Cirium @ pc.agency

What impact shall the carbon tax to be imposed by EU in 2026 have on aircraft market?

It is conducive to the sales of new aircraft with better fuel efficiency.

China is expected to be the leading region with around 20% of all deliveries, spurred by air passenger growth above 6% annually.

North America and Asia-Pacific (excluding China) will each account for approximately 20% of deliveries, Europe 17%, and the Middle East and Latin America 7% each.

A clear trend emerges: single-aisle jets will make up 70% of all planes delivered, reflecting strong demand from low-cost carriers and airlines serving domestic/regional routes—especially in rapidly expanding Asian markets.

These include models such as the Airbus A320neo and Boeing 737 Max 8, both of which are flagships of fleet renewal programs worldwide.

What impact shall the carbon tax to be imposed by EU in 2026 have on aircraft market?

It is conducive to the sales of new aircraft with better fuel efficiency.

Boeing’s latest projection is slightly more conservative than Cirium’s: around 41,170 deliveries through 2041, down from previous estimates.

Title:

Content: Boeing cuts its forecast for commercial aircraft demand
Despite widespread concerns, demand for cargo planes remains strong
Ayman Azzam
8: 47 PM, Sunday, 17 Jul 22
Boeing has cut its forecast for commercial aircraft demand for the coming decades as deliveries are weighed down by the prospect of slowing global economic growth and uncertainty about Russia.
In its latest long-term market estimate, Boeing expects manufacturers to deliver about 41,170 new aircraft to customers through 2041.
This is a slower pace than forecast a year ago, when the company estimated 43,610 deliveries over a 20-year period to 2040 (a 5.5% decline).
Boeing also cut its forecast for annual passenger traffic growth over the next 20 years from 4% to 3.8%.
The discounted outlook sheds light on how geopolitical and economic disruptions are permanently affecting the commercial aviation industry.
Boeing ’ s rival Airbus similarly lowered its forecast for travel demand for the next two decades, citing rising energy costs as a key factor behind the decline.
Reduced demand for new aircraft
Darren Holst, Boeing ’ s vice president of commercial marketing, said his company also expects lower global economic growth until 2041 than last year ’ s forecast, which also translates into lower demand for new aircraft.
The latest forecast by the U.S. planemaker rules out any possible future deliveries to buyers from Russia, which has already been excluded from the global aviation market due to sweeping sanctions imposed by the United States and other countries following its invasion of Ukraine.
Boeing predicted last year that Russian customers would make up about 1,500 aircraft sales over the next two decades.
Holst told reporters before issuing the forecast: “Russia is not a viable market for us. ”
Demand for commercial aircraft
Despite widespread concerns, demand for cargo aircraft remains strong, with the global fleet expected to grow to 3,610 aircraft in 2041, from 2010 aircraft in 2019.
Sales of new aircraft are expected to be strong over the next decade, as airlines strengthen their fleets to meet the burgeoning demand for air travel after the coronavirus pandemic.
Based on this estimate, Boeing estimates that airlines will need 19,575 new aircraft by 2031, compared to 19,330 by 2030 as projected last year.
Holst said: “There is a huge amount of airport runways waiting for the travel industry to return to normal levels. ”

Boeing forecasts annual air passenger growth at 3.8% and expects airlines will need about 19,575 new jets by 2031.

It excludes Russia from its projections due to sanctions and political uncertainty.

Airbus is more bullish, expecting about 39,490 deliveries by 2041, increasing its prior outlook.

The difference in views underscores market uncertainty in more mature regions, with Boeing seeing some saturation ahead while Airbus believes in continued global growth.

Projected market share comparisons reflect the changing global competition.

Title:

Content: Commercial Aircraft Interior Lighting Global Market Report 2023: Increasing Aircraft Modernization Programs Drive Demand

Dublin, IRELAND

Dublin, April 21, 2023 (GLOBE NEWSWIRE) -- The "Commercial Aircraft Interior Lighting Market - Growth, Trends, COVID-19 Impact, and Forecasts (2023 - 2028)" report has been added to ResearchAndMarkets.com's offering.

The commercial aircraft interior lighting market is anticipated to grow at a CAGR of over 5.5% during the forecast period.

A growing number of air passengers, rising investments in the aviation sector, and increasing aircraft modernization programs create demand for internal systems, which drive market growth.

Increasing preference for new LED and OLED lights to enhance customer experience during the flight is expected to support the development of the market.

Furthermore, increased demand for non-electrical floor path lighting drive market growth. It consists of photoluminescent lighting strips installed on the cabin floor to guide passengers to emergency exists in case of lighting failures. The system does not require a lightweight power source, has an improved lifespan, and has zero maintenance.

Additionally, aging aircraft are undergoing refurbishments to extend their service lives, which may further generate demand for interior cabin products. Traditional lights are being replaced by advanced LEDs that have longer lives, low power consumption, robust designs, and enable easy installation, driving the market's growth during the forecast period.

Commercial Aircraft Interior Lighting Market Trends

Narrow-body Aircraft Segment is Expected to Show the Highest Growth During the Forecasts Period

Narrow-body aircraft are estimated to show remarkable growth during the forecast period. The growth is due to increasing narrow-body aircraft deliveries and investment in aircraft modernization programs.

In 2021, Boeing delivered 263 narrow-body aircraft (43 aircraft delivered in 2020), while Airbus delivered 533 narrow-body aircraft (484 aircraft delivered in 2020). Furthermore, Air India is planning to buy 300 narrow-body aircraft, one of the largest orders in India's commercial aviation.

Thus, growing orders for narrow-body aircraft and increasing expenditure from airlines on aircraft interior lighting systems drive the market growth. In addition, airlines are adopting advanced technologies to enhance passengers' experience during flights.

For instance, in November 2021, Singapore Airlines (SIA) launched new cabin products that were rolled out on its Boeing 737-8 fleet. The products include business class seats, Wi-Fi service, and others.

The business class seat has USB charging ports, an in-seat power supply, a reading light with adjustable brightness, and mood lighting. Such developments are likely to fuel the demand for commercial aircraft lighting over the forecast period.

North America Will Dominate the Market During the Forecast Period

North America is projected to show significant growth during the forecast period. The growth is due to the presence of well flourish aviation industry, increasing aircraft deliveries, and growing spending on the aviation sector. Developing air traffic and the modernization of aging aircraft is likely to boost market growth in the coming years.

Boeing, an aircraft manufacturer, forecasts that there is expected to be demand for about 41,170 new passenger and freighter aircraft deliveries over the next 20 years. Of the total projected deliveries, 23% of the new aircraft deliveries are likely to go to the North American region. In comparison, 63% will go to Europe, Asia-Pacific, and China, with a share of 21% respectively.

For instance, in June 2022, Delta Air Lines plans to buy 12 new A220-300 aircraft from Airbus. Also, Delta announced that it would buy 100 Boeing 737 MAX 10 jets worth about USD 13.5 billion and has options to buy another 30. In addition, in June 2021, United Airlines, an American airline, ordered 270 commercial aircraft, out of which 200 were Boeing Max jets and 70 Airbus A321neos.

The airline is planning to make seatback screens central to its new aircraft interiors and add higher numbers of roomier seats in coach. Thus, growing investments from airlines and increasing aircraft deliveries will create demand for advanced aircraft lighting systems that drive market growth across North America.

Commercial Aircraft Interior Lighting Industry Overview

The market for commercial aircraft interior lighting is fragmented, with several global and local players. Some prominent players are Collins Aerospace, STG Aerospace, Cobalt Aerospace, Safran SA, SELA, and Diehl Stiftung & Co. KG. The commercial aircraft interior lighting market is highly competitive. Product innovation is critical for the existing players to enhance their market presence. Moreover, long-term OEM contracts help companies maintain stable growth with increasing aircraft orders. For instance, Diehl Aviation and HAECO cabin solutions enter into a strategic commercial agreement to deliver a wide range of aircraft cabin interior components such as lighting systems, stowages, galleys, lavatories, seating, and reconfiguration engineering.

Key Topics Covered:

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

5 MARKET SEGMENTATION
5.1 Aircraft Type
5.1.1 Narrow-body Aircraft
5.1.2 Wide-body Aircraft
5.1.3 Regional Aircraft
5.2 Light Type
5.2.1 Reading Lights
5.2.2 Ceiling and Wall Lights
5.2.3 Signage Lights
5.2.4 Lavatory Lights
5.2.5 Floor Path Lighting Stripes
5.3 Cabin Class
5.3.1 Economy Class
5.3.2 Business Class
5.3.3 First Class
5.4 Geography
5.4.1 North America
5.4.1.1 United States
5.4.1.2 Canada
5.4.2 Europe
5.4.2.1 Germany
5.4.2.2 United Kingdom
5.4.2.3 France
5.4.2.4 Rest of Europe
5.4.3 Asia-Pacific
5.4.3.1 China
5.4.3.2 Japan
5.4.3.3 India
5.4.3.4 South Korea
5.4.3.5 Rest of Asia-Pacific
5.4.4 Latin America
5.4.4.1 Brazil
5.4.4.2 Mexico
5.4.4.3 Rest of Latin America
5.4.5 Middle East and Africa
5.4.5.1 United Arab Emirates
5.4.5.2 Saudi Arabia
5.4.5.3 South Africa
5.4.5.4 Egypt
5.4.5.5 Rest of Middle East & Africa

6 COMPETITIVE LANDSCAPE

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

A selection of companies mentioned in this report includes

  • Collins Aerospace (United Technologies Corporation)
  • STG Aerospace Limited
  • Cobalt Aerospace Group
  • Safran SA
  • Diehl Stiftung & Co. KG
  • SELA Lighting Systems
  • Astronics Corporation
  • Luminator Technology Group
  • Schott AG
  • Cobham PLC
  • Soderberg Manufacturing Co. Inc.
  • Bruce Aerospace

For more information about this report visit https://www.researchandmarkets.com/r/t8a1fn

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Attachment

Contact Data

Boeing and Airbus will continue to dominate the global market, historically splitting most deliveries.

What does Cirium Fleet Forecast predict about the market share of new aircrafts?

In the next 20 years, Airbus A320 and Boeing 737 Max will account for 50% of deliveries of 150 seat planes.

What is the position of China's COMAC in global aviation industry?

It will likely take 20 years for it to compete with Airbus or Boeing on a global scale, according to Willie Walsh, the IATA president.

However, Airbus has recently outperformed Boeing in annual narrowbody deliveries (e.g., in 2021, Airbus delivered 533 single-aisle jets to Boeing’s 263), partially due to safety concerns and regulatory issues hampering the 737 Max’s return.

Looking forward, Airbus is expected to gain additional share particularly in Europe, Middle East, and Asia-Pacific, while Boeing retains strength in North America.

COMAC is emerging as a formidable player in China, propelled by over 1,000 orders of its C919 narrowbody from Chinese carriers and strong state backing.

Title:

Content: Spokane, Washington  Est. May 19, 1883

China’s planemaker gets $9.9 billion order for 100 C919 jets

By Danny Lee Bloomberg

China Eastern Airlines Corp. ordered 100 C919 single-aisle planes from Commercial Aircraft Corp of China Ltd., dealing a potential blow to Boeing Co., which hasn’t had a large order from Chinese carriers in years.

The order is worth $9.9 billion at list prices, but a significant discount has been applied, Shanghai-based China Eastern said in a statement Thursday.

Airlines typically get reductions from the listed prices when making bulk orders. The planes will be delivered from 2024 to 2031.

Commercial Aircraft Corp of China, or Comac, produces the C919, seen as a possible rival to best-selling jets from Airbus SE and Boeing.

Thursday’s deal elevates the Chinese-made aircraft in terms of competitiveness, given it only made its first commercial flight in May, also operated by China Eastern.

China Eastern already operates two C919s, part of a previous order for five of the planes.

Comac, which also makes the smaller regional ARJ21 jet, has received more than 1,000 orders in total for the C919, primarily from China.

The order was determined according to the needs of the company “in respect of fleet structure, development strategy and route network, as well as the supply capacity of Comac,” China Eastern said.

The carrier will finance the purchase with its own funds, bank loans and proceeds from bond issues and other financing, it said.

Five C919 aircraft will be delivered in 2024 and then 10 a year from 2025 to 2027, rising to 15 in the next three years and 20 in 2031, China Eastern said.

The airline operates 782 aircraft and last year ordered 100 Airbus short-haul jets in a deal it said was worth $12.8 billion, prior to discounts.

That was part of a wider $37 billion deal from Chinese airlines for almost 300 Airbus planes.

Meanwhile, Boeing’s orders have dried up in China, its most important export market, partly due to simmering tensions between Washington and Beijing.China also took longer than other places to lift a ban on the U.S. manufacturer’s 737 Max, which was grounded in the wake of crashes in 2018 and 2019.

While China declared the Max airworthy again in December 2021, it took more than a year for the country’s airlines to start using the model.

China Southern Airlines Co. operated the first passenger flight in about four years in January.

In its latest commercial market outlook, Boeing said China will account for a fifth of the world’s new aircraft deliveries over the next 20 years, amounting to 8,560 planes.

Of those, 6,470 will be narrowbodies, such as the Max, it said.

Its impact is currently concentrated in China, but growth may spill into export markets if certification and perception hurdles are overcome.

Embraer, while smaller, maintains leadership in the regional jet market—its E-Series jets are increasingly popular for short-haul, secondary, and “right-sizing” routes, especially in emerging markets.

Embraer’s growth strategy focuses on product innovation (such as the E2 series) and targeting airlines looking to optimize capacity in fluctuating demand environments.

Lockheed Martin, while primarily recognized for defense, has reinforced its civil and dual-use aerospace portfolio and is leveraging partnerships (including with Airbus Defence and Space) to capitalize on both government and commercial aerospace growth opportunities.

Title:

Content: There were 708 press releases posted in the last 24 hours and 466,517 in the last 365 days.

Small Satellite Market Set to Expand, Valued at $7.0 Bn by 2028

Attractive Opportunities in the Small Satellite Market

The small satellite market is projected to grow from USD 3.2 Billion in 2023 to USD 7.0 Billion by 2028, at a CAGR of 16.8% during the forecast period.

CHICAGO, ILLINOIS, UNITED STATES, July 11, 2023/EINPresswire.com/ -- The Small Satellite Market by Mass (Small Satellite, CubeSat), Application, Subsystems (Satellite Bus, Payload, Solar Panel, Satellite Antenna), Frequency, End-use (Commercial, Government & Defence, Dual-use), Orbit and Region - Global Forecast to 2028”, North America is expected to lead the small satellite market in 2023. The US is the largest market for small satellite market in North America. The growth of the small satellite market in North America can be attributed to the increased demand for small satellite deployments, along with advancements in digital satellites carried out by NASA, the US Department of Defense, and private players, such as SpaceX (US), Sierra Nevada Corporation (US), and Lucix Corporation (US). The successful launch of flexible satellites in space has led to increased space expeditions.

Satellite bus segment of the small satellite market by subsystem is projected to witness the highest market share of the small satellite market.

The satellite bus segment is predicted to dominate the small satellite industry's market share. This supremacy is partly due to the growing use of tiny satellites for both government and commercial purposes. The satellite bus segment plays a vital role in facilitating the development and operation of small satellites by offering a standardized and cost-effective platform that can be easily customized for various applications. Satellite buses are the backbone of small satellite missions, providing vital functions and allowing for effective communication, power management, and data processing. As the demand for small satellite missions continues to grow, the market for satellite buses is expected to expand and innovate further, catering to the evolving needs of the industry.

Ask for PDF Brochure @
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=150947396

The laser/optical band segment of the small satellite market by frequency is projected to dominate the market.
The tiny satellite market is divided into frequency bands such as Ku-band, Ka-band, X-band, C-band, L-band, S-band, HF/VHF/UHF-band, laser/optical band, and Q/V-band. The laser/optical band has the highest compound annual growth rate (CAGR) among these segments during the predicted period. However, in terms of market share, the Ku-band is the clear winner. This is mostly owing to the Ku-band's technological advantages, such as high-speed data transfer, better connection, and the possibility for short-range and high-resolution imaging. These characteristics contribute to the increased demand for Ku-band in a variety of applications, including communication and Earth observation, pushing its market domination.

The LEO segment of the small satellite market by orbit is projected to dominate the market.
The Low Earth Orbiting (LEO) segment dominates the market share in the small satellite industry in terms of orbit segments. This is primarily driven by the increasing demand for launching CubeSats and small satellites that enable attitude and orbit control, as well as orbital transfers. The growth of the space sector has contributed to the greater utilization of advanced payload components. LEO satellites are positioned at relatively lower altitudes, offering advantages such as shorter signal latency, improved data transmission rates, and lower launch costs. These factors have led to the significant market presence of LEO satellites in the small satellite industry, making it the preferred orbit segment for various applications and driving its major market share.

INQUIRY BEFORE BUYING :
https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=150947396

“Browse in-depth TOC on "Small Satellite Market Trends, Growth Drivers"
307 – Tables
47 – Figures
327 – Pages

Top Small Satellite Companies | Small Satellite Industry Players

Lockheed Martin Corporation (US) specializes in the research, design, development, manufacturing, and integration of advanced technology systems and related products and services in the aerospace, defense, security, and advanced technologies sectors. The company develops, delivers, and supports aerospace & defense systems and operates through four segments, namely, Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. The company provides small satellite solutions with powerful and flexible buses to meet every mission. These small satellites cater to applications like Earth imaging, remote sensing, communications, and next-generation intelligence, surveillance, and reconnaissance capabilities. It has 572 manufacturing plants in 500 cities across all 50 states in the US. It is listed on the New York Stock Exchange with the ticker symbol of LMT. Some of the subsidiaries of Lockheed Martin Corporation are Lockheed Martin Australia Pty Limited (Australia), Lockheed Martin UK Limited (UK), Lockheed Martin Canada Inc. (Canada), Lockheed Martin Global, Inc. (US), and Lockheed Martin Logistics Management, Inc. (US).

Airbus Defence and Space (Germany) designs, develops, manufactures, and provides Earth-observation, navigation, and communication satellites; interplanetary probes; military aircraft; satellite launch vehicles; as well as offers cybersecurity, military intelligence, and One Atlas services. It provides satellite telecommunication and geo-information services as well. The company also focuses on strengthening its offerings through continuous investments in new technologies. These advancements act as a competitive advantage against competitors such as China Aerospace Science, Boeing, Embraer, General Dynamics, and Spirit AeroSystems. Airbus Defence and Space focuses on launching new products to meet the requirements of end users and gain an edge over its competitors. For example, in July 2020, it developed a next-generation software-defined radio payload, Prometheus 1, which will be launched on the Faraday-1 CubeSat from New Zealand. It also strives to increase its market share in the aerospace & defense sector by securing aerospace and government contracts and agreements across the world. For example, in June 2020, the European Space Agency (ESA) signed an agreement worth USD 19.38 million with Airbus Defence and Space to continue the operation and use of European components on the International Space Station (ISS).

Related Reports:
The Satellite Communication (SATCOM) Equipment Market is projected to grow from USD 22.6 billion in 2023 to USD 38.7 billion by 2028, growing at a CAGR of 11.3% from 2023 to 2028.
https://www.marketsandmarkets.com/Market-Reports/satellite-communication-satcom-equipment-market-159285646.html

About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com

MarketsandMarkets Research Pvt Ltd
MarketsandMarkets™ INC.
+1 888-600-6441
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn
Instagram
YouTube

Regionally, demand patterns for aircraft types offer further clarity.

Single-aisle jets lead in Asia-Pacific (notably China, India, and Southeast Asia), North America, and Europe, where dense routes, budget carriers, and frequency-focused airlines dominate.

These markets underpin the narrowbody boom as they expand rapidly to serve rising traveler populations and new point-to-point connections.

In contrast, twin-aisle (widebody) jets are primarily driven by long-haul international routes, particularly in the Middle East (with carriers like Emirates and Qatar Airways), select European hubs, and certain North American airlines operating large intercontinental networks.

Title:

Content: March 10, 2022
Abu Dhabi UAE
Prayer times
Flying...
Taking off from epidemic airports
Flying...
Taking off from epidemic airports
March 6, 2022 16: 52
Hassouna Al Tayeb (Abu Dhabi)
Major industries typically take over the helm of the economy and create jobs in society.
The growth of the world economy in the past decade has been boosted by developments in various industries, in particular technology, science, health and manufacturing.
As the pace of spending and wealth increases around the world, existing industries grow and others disappear from the scene amid the rising development of human society.
It is the responsibility of large industries to provide essential products and services that improve the lives of billions of people around the world.
The aviation industry is among the industries most affected by the COVID-19 virus, with Boeing, for example, suffering losses of about $11.9 billion in 2020.
This industry includes a number of companies that are involved in the development and manufacture of aircraft for purposes including commercial, passenger, military, cargo, government, surveillance and refueling of other aircraft in the air.
It also includes sales by private companies of equipment used for space flights and missions.
The value of the global aviation sector declined to $359.3 billion in 2020, from $818.3 billion in 2019, as a result of the Coronavirus epidemic, with expectations of $471.8 billion this year.
The aviation industry encompasses almost all aspects of air travel and related activities.
This means that it includes the entire aviation sector, the aircraft industry, research companies, military aviation, and others.
The term aviation is usually used to describe mechanical air transport that is carried out through the use of aircraft.
The sector consists of two types of aircraft, regular and helicopter, as well as the new type of drones.
The aviation industry has two types of activity, the first related to passenger and cargo transport, while the second includes aircraft manufacturing, research operations, safety and military aviation, as well as companies specialized in the production, design and use of drones.
The importance of the aviation industry lies in connecting different continents, countries and cultures, as well as facilitating long-distance travel.
It also contributes significantly to the global economy, trade between countries and the creation of millions of jobs around the world.
Among the largest aircraft manufacturers are Boeing, Airbus and Lockheed Martin.
The European Airbus, which has industrial facilities in Germany, France and the Netherlands, is the largest in the world.
The Airbus A380 is also the largest aircraft in the world.
American Boeing, based in Chicago, comes in second place.
In addition to producing military aircraft, the company is also known for manufacturing spaceships.
Lockheed Martin is the world's largest manufacturer of warplanes, including the F-16, F-35 and others.
Aircraft manufacturers are planning to reduce the rate of production of large aircraft and focus on smaller ones, a trend that began just before the outbreak of the pandemic.
These companies are working to convince airlines to buy this type of aircraft because of its fuel efficiency of 15%.
Among the largest suppliers in the aviation industry are United Technologies, General Electric Aviation, Safran, Rolls-Royce Holdings, Honeywell Aerospace and others.
The activities of manufacturers vary from the design, construction, testing, sale, maintenance and production of spare parts, spaceships and others.
The value of aircraft production in 2015 was about $180.3 billion, of which 61 percent was for airlines, 14 percent for business and general aviation, 12 percent for military helicopters and about 3 percent for civilian helicopters.
The value of maintenance, repairs and refurbishment of the aircraft is estimated at $135.1 billion, bringing the total volume of production to $315.4 billion.
Boosting demand activity is the growing affluence of the middle class in emerging markets.
Air traffic is expected to rebound significantly in Latin America and Africa, although these regions are expected to suffer even more from the spread of COVID-19.
While the proportion of aircraft grounded is usually estimated at 10%, it rose to 60% during the epidemic for 13,350 aircraft.
According to data from Asnad Aviation Consultancy, 902 new aircraft were ordered from Boeing and Airbus this year, excluding cancelled orders and orders from non-profit customers, compared to 672 in 2020.
In this climate of awakening, airlines are planning to renew their fleets, driven by a rebound in summer travel, even in Europe, despite the slower pace of recovery from the epidemic than in the United States.
All rights reserved to Al Ittihad Newspaper 2022 ©

However, widebody demand as a share of total deliveries will be lower than narrowbody, reflecting ongoing recovery in long-haul traffic and a shift to more direct, lower-capacity flights.

Asia’s international gateway cities and the Middle East’s global connectors sustain the widebody market segment, with strategic orders for aircraft like the Boeing 787, 777X, and Airbus A350.

South Asia (primarily India) and Southeast Asia are forecast for the fastest fleet expansion.

Title:

Content: Aircraft manufacturing giant Boeing recently released the 2022 "Civil Aviation Market Outlook" on the 18th local time.
In terms of the latest market demand forecast for the next 20 years, except for the increase in demand in North America compared to 2021, China, Europe, Latin America and other regions have decreased.
Among them, the report predicts that 9,310 will be delivered in North America from 2022 to 2041, an increase of 150 compared to the previous year.
China saw a decrease of 215 aircraft, or 2.5%, from 8,485 aircraft; Europe saw a decrease of 155 aircraft, or 1.78%, from 8,550 aircraft; and Latin America saw a decrease of 290 aircraft, or 11.46%, from 2,240 aircraft.
According to the report, the South Asian fleet continues to lead global growth at an average annual rate of 6.2%.
Led by India, the region ’ s fleet size is expected to reach more than 2,600 by 2041, nearly four times the 700 in 2019.
Southeast Asia is expected to experience the second fastest growth in the world, with its fleet expected to nearly double to 4,500 aircraft.
# South Asia # Global # Europe # Fleet # China

India’s fleet alone is set to more than triple, reaching around 2,600 jets by 2041.

Southeast Asia will nearly double its fleet to 4,500, supported by growing economies, a burgeoning middle class, and increasing air travel liberalization.

In contrast, North America sees modest growth driven by major fleet renewal, while China, Europe, and Latin America are projected for a slower pace or even slight declines owing to market maturity, demographic constraints, and slower post-pandemic recovery in long-haul segments.

Several macrotrends underpin future aircraft demand.

Key drivers include the strong rebound in travel post-pandemic, accelerated by widespread fleet renewal to enhance efficiency and sustainability.

What impact shall the carbon tax to be imposed by EU in 2026 have on aircraft market?

It is conducive to the sales of new aircraft with better fuel efficiency.

What impact shall the carbon tax to be imposed by EU in 2026 have on airlines?

They will accelerate the demand for aircraft replacement.

What is Airbus doing to achieve sustainable aviation?

It is working on adopting innovative strategies.

It is making efforts to improve aircraft efficiency.

Airlines are prioritizing fuel savings and emissions reduction, leading to large-scale retirements of older, less efficient aircraft.

What impact shall the carbon tax to be imposed by EU in 2026 have on aircraft market?

It is conducive to the sales of new aircraft with better fuel efficiency.

What impact shall the carbon tax to be imposed by EU in 2026 have on airlines?

They will accelerate the demand for aircraft replacement.

Government mandates and environmental, social, and governance (ESG) pressures further incentivize carriers to buy next-generation jets.

What impact shall the carbon tax to be imposed by EU in 2026 have on aircraft market?

It is conducive to the sales of new aircraft with better fuel efficiency.

What impact shall the carbon tax to be imposed by EU in 2026 have on airlines?

They will accelerate the demand for aircraft replacement.

Technological advancements—more efficient engines, lightweight materials, digital cockpits, and passenger-centric features such as advanced lighting and inflight connectivity—are critical differentiators as airlines compete on product experience and cost-effectiveness.

What is Airbus doing to achieve sustainable aviation?

It is making efforts to improve aircraft efficiency.

Strategic manufacturer moves reflect these priorities.

What is Airbus doing to achieve sustainable aviation?

It is working on adopting innovative strategies.

Airbus and Boeing are both investing heavily in new aircraft programs centered on sustainability and digital transformation, with next-generation single-aisle jets likely in the 2030s.

What impact shall the carbon tax to be imposed by EU in 2026 have on aircraft market?

It is conducive to the sales of new aircraft with better fuel efficiency.

What is Airbus doing to achieve sustainable aviation?

It is working on adopting innovative strategies.

It is making efforts to improve aircraft efficiency.

COMAC leverages robust government-industry partnership to secure its place in the Chinese market and aims for future export potential.

Embraer is targeting fleet optimization for regional carriers and tapping into growing demand in emerging markets.

Lockheed Martin, with a traditional defense orientation, is expanding its civil aerospace exposure through technology partnerships and dual-use aviation solutions.

Additionally, both new aircraft purchases and the refurbishment of existing fleets (improving cabins, adding connectivity, and upgrading sustainability features) are being employed by airlines eager to extend asset lives while modernizing passenger experience.

Potential uncertainties and risks, however, could alter these forecasts.

Economic cycles, surges in oil prices, higher interest rates, or global recessions could suppress airline profitability and delay fleet investments.

Persistent supply chain disruptions, labor shortages, regulatory disagreements, and geopolitical conflicts (notably US-China tensions and Russia’s exclusion from Western markets) pose additional risk.

Further, pace of technology adoption and regulatory approvals for new aircraft (especially those powered by alternative energy) remains a wildcard for timelines and adoption curves.

In summary, the aerospace market is poised for sustained long-term growth, anchored by massive narrowbody demand in Asia and steady replacement cycles in North America and Europe.

Airbus and Boeing will continue to dominate with wide-reaching global customers and pioneering technologies, but COMAC’s rise in China and Embraer’s regional strategy signal growing fragmentation and opportunity in specific segments.

Lockheed Martin, meanwhile, advances its diversification, leveraging both commercial and defense growth.

Title:

Content: In the past few months, the Democratic Progressive Party's Lai Ching-te and Hsiao Mei-chin won by 55.8 million votes, defeating the Kuomintang's Hou You-yi, Chao Shao-kang, and the Kuomintang's Ko Wen-che and Wu Hsin-ying.
This time the DPP won the presidential election, which means that the line of the small British government has been ensured. From 1996 to the present, the past two decades have seen a succession of political parties in Taiwan, such as the eight years of President Chen Shui-bian, to the eight years of President Ma, this time the eight years of President Xiao Ying, the continuation of the DPP has also been subjected to an unprecedented test.
Fortunately, 10 days before the election, President Hsiao Ying gave an interview on television to talk about his eight years in power, which received widespread response from Taiwan society, so that the election relied on Hsiao to hold the basic order, and finally ensured the opportunity to continue to govern after the Lan and Baihe situation was broken.
The military industry is moving forward.
However, the ruling Democratic Progressive Party successfully took power, but lost its majority in the legislative election, and the parliament formed a lame movement of only three and a half parties.
Next, the "white power" led by Ke Wen-chul will play an important role in the eight seats, and this result will also put an end to the beautiful era in which the DPP has been in power for eight years. The three-party majority also means that President Lai Ching-te must govern more humbly.
This time the stock market before the election many policy-related industries, almost all stopped, the most representative is the military industry, and offshore wind power, solar photovoltaic almost all temporarily stop, look, listen! We take the military shares of Hanxiang as an example, in the three months before the election, the stock price is almost entangled in the annual line, now all the average lines are entangled between 51 and 52. Although the three parties are not more than half, this is still conducive to the development of Hanxiang, Taiwan's military industry can still move forward, after the new government takes office, if Hanxiang can get another four from the higher education machine.
The future pattern will be even bigger for orders of fifth-generation machines.
In 2023, two of the world's largest aircraft manufacturers made a huge profit, with Airbus taking orders for a total of 2319 aircraft in 2023, and 2094 aircraft excluding cancellations, compared with 735 aircraft delivered last year. The loss of Boeing was politically interfered.
In 2023, Boeing ordered 1,314 net orders and delivered 528 aircraft, but Boeing has been in a row over the years. In January, the Boeing 737 MAX broke off the hatch, and the US regulatory authority ordered 17 737 MAX aircraft to be grounded for inspection. Boeing was also hit by this bearish impact, and the stock price fell continuously.
However, overall, after the epidemic aircraft orders have made Boeing and Airbus supply chains tight, and aerospace stocks in Taiwan's military industry may play a relatively important role in 24 years.
Hanxiang's revenue in 2003 was NT $391 billion, up 29.3% for the whole year, and EPS was about 2.
Up to eight yuan, there is more room for upward growth this year.
The supply chains connected with Hanxiang Shengtian and Baoyi also have the opportunity to grow, and Toyota, which produces aerospace fasteners, may have a greater opportunity to explode this year.
The ship is not alone.
FTC last December's revenue was three.
○ 600 million, a record high, an annual growth of 40%, last year EPS fell to about 5.
With an optimistic outlook for aerospace in the coming year, if Fundarco ’ s monthly revenue jumps from 300 million yuan, this year will be a wonderful year.
And the upstream materials from Fengda from Jinggang, Ronggang, Jinggang last year's turnaround has laid a good foundation, two years should have a stronger growth opportunity; Ronggang just maintain a quarter of EPS about one yuan, the market to give the profit ratio is not high, this year's growth power can not make the profit ratio effectively pull up, this is the key.
Linked to Boeing's Dragon, last year saw a 30% increase in revenue.
8%, EPS about 7 yuan, stock price between 150 ~ 160 yuan, depending on the order growth from Boeing this year, the Dragon stock price last year rose to 203 yuan, this year in the line waiting for greater growth.
Similarly, another stage of the national team nature of AirAsia last year pulled a large period of gains, up to 67.4 yuan, when the market speculation gyroscope, but AirAsia's performance has not pulled up, December revenue reached a record high of 516 million yuan, which is a good sign!
These pre-election military-industrial stocks, after the establishment of the Democratic Progressive Party in power, should have more room to play, global aircraft manufacturing in 2014 is still in short supply, Taiwan's aerospace stocks should not be too lonely.
After the Taiwan election, the market returned to the fundamentals. Last December, it announced that the sales of listed TPEs were 3.3 trillion yuan. Although the annual sales fell by 6.2%, this was the third highest in history. The annual sales of 39.4 trillion yuan were 8.4% lower than that of 2002.
For the full text and chart, please refer to "Investment Weekly 2283".
# Presidential Election # Blu-White Partnership # Military Industry # Cross-Strait # Taiwan-US Relations

Investors should weigh the strengths of established manufacturers that prioritize sustainability and innovation, while watching for incremental gains by regional leaders and emerging competitors, particularly as Asia’s aviation sector defines the trajectory of global fleet expansion.

Diverse regional trends, evolving technologies, and inherent industry risks demand a balanced, forward-looking approach to aerospace sector investment.