Global aircraft demand is expected to surge over the next two decades, with forecasts projecting between 40,000 and 45,000 new deliveries by 2040–2043.

The main driver is the urgent need for more fuel-efficient, environmentally sustainable fleets.

Single-aisle jets will make up approximately 70–75% of all new aircraft deliveries.

This demand is fueled by sustained air travel recovery, economic and GDP growth, rapid urbanization—especially in Asia-Pacific—and the expansion of low-cost carriers and e-commerce, which also boosts the need for cargo aircraft.

Around half of future deliveries are intended for fleet replacement, enabling airlines to meet sustainability standards and reduce costs.

Airbus and Boeing lead the market, each forecasting deliveries of roughly 39,000 to 43,000 aircraft through the 2040s.

Their flagship single-aisle models, the Airbus A320neo and Boeing 737 MAX, are set to dominate this segment.

Airbus has recently outpaced Boeing in new orders but both hold similar long-term market expectations.

Looking ahead, both companies are preparing to introduce next-generation single-aisle aircraft in the 2030s.

Asia-Pacific—specifically China and India—will drive growth, with China alone accounting for up to 20% of global demand.

COMAC is gaining share regionally with its C919, targeting single-aisle demand in China and Asia-Pacific, but remains behind Airbus and Boeing globally.

Embraer holds a strong position in the regional jet and turboprop segment, especially for emerging market and short-haul routes.

Sustainability innovation is a crucial differentiator.

Both Airbus and Boeing are investing in advanced materials, aerodynamics, and alternative propulsion, including Boeing’s NASA partnership to cut emissions by up to 30%.

The market’s long-term winners will be those able to deliver sustainable fleets and capitalize on Asia-Pacific’s growth story, positioning Airbus and Boeing at the forefront, with COMAC rising regionally and Embraer strong in niche markets.

Global aircraft demand is expected to surge over the next two decades, with forecasts projecting between 40,000 and 45,000 new deliveries by 2040–2043.

Title:

Content: Boeing expects the aviation industry to need 44,000 aircraft by 2043
T + T - normal size
Boeing expects the aviation industry to need 44,000 aircraft over the next two decades.
Boeing, in its latest long-range forecast on Friday, said it expected the total number of passenger and cargo planes in use around the world would almost double by 2043.
Boeing director Darren Holst explained that travel is more important to people now than during the coronavirus pandemic.
Demand is also increasing as aircraft are replaced later than usual due to delivery bottlenecks.
Holst said the age of the fleet was one to one-and-a-half years older, on average, than before the pandemic.
Boeing raised its demand forecast by 3% in a year, and about three-quarters of the aircraft required will be single-aisle aircraft.
Low-cost aircraft play a key role in this, Holst said, adding that one-fifth of expected long-term demand is expected to come from China alone.
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The main driver is the urgent need for more fuel-efficient, environmentally sustainable fleets.

Title:

Content: Friday, 08 September 2023 05:25 GMT

Global Single-Aisle Aircraft Market Is Projected To Reach The Value Of $222.20 Billion By 2030 X Herald

(MENAFN- Ameliorate Digital Consultancy) According to the latest report by Virtue Market Research, in 2022, the Global Single-Aisle Aircraft Market was valued at USD 86.6 billion and is projected to reach a market size of USD 222.20 billion by 2030. Over the forecast period of 2023-2030, the market is projected to grow at a CAGR of 12.5%.

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A prominent long-term driver for the Single-Aisle Aircraft market is the growing global demand for air travel. Even though the COVID-19 pandemic had a severe impact on the aviation industry, the long-term trend remains robust. The demand for single-aisle aircraft is fueled by several factors, including the expansion of low-cost carriers, increasing urbanization, and rising middle-class populations in emerging economies.

The COVID-19 pandemic had an unprecedented impact on the aviation sector, leading to grounded fleets, reduced passenger demand, and financial strain on airlines. This setback prompted airlines to rethink their fleet strategies, with some deferring aircraft orders and retiring older aircraft to cut costs. Additionally, the pandemic accelerated the adoption of safety and hygiene measures in aircraft cabins, leading to increased investments in cabin air filtration and touchless technologies.

A notable short-term driver for the Single-Aisle Aircraft market is the rebound in domestic and regional air travel. As countries reopen their borders and vaccination efforts progress, there is a growing preference for shorter flights, leading to increased demand for single-aisle aircraft. Airlines are reactivating grounded aircraft and placing orders for new, fuel-efficient models to meet this surge in regional travel.

An exciting opportunity in the Single-Aisle Aircraft market is the development of next-generation, fuel-efficient aircraft. With a growing emphasis on sustainability and reducing carbon emissions, aircraft manufacturers are investing in research and development to create more eco-friendly models. This includes the use of advanced materials, aerodynamic improvements, and more efficient engines. Airlines that invest in these next-gen aircraft can not only reduce their environmental footprint but also benefit from lower operating costs in the long run.

One of the prominent trends observed in the Single-Aisle Aircraft industry is the rise of digitalization and connectivity. In-flight Wi-Fi, entertainment systems, and integrated passenger services are becoming standard features in modern single-aisle aircraft. Airlines are leveraging these trends to enhance the passenger experience and gain a competitive edge. Additionally, digitalization plays a crucial role in aircraft maintenance and operations, helping airlines optimize their fleet performance and reduce downtime.

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Segmentation Analysis:

The global Single-Aisle Aircraft Market segmentation includes:

By Type of Aircraft: Narrow-Body, Wide-Body, Regional Aircraft

Among these, the Narrow-Body aircraft category stands out as the largest segment. These aircraft are designed for short to medium-haul flights and are favored by airlines for their versatility and cost-efficiency. Narrow-Body aircraft are well-suited for both domestic and international routes, making them the preferred choice for many carriers.

In terms of growth, the Narrow-Body segment takes the lead yet again. The market for Narrow-Body aircraft is witnessing significant expansion due to the increasing demand for regional and domestic travel. Airlines are looking to replace older aircraft with more fuel-efficient and environmentally friendly Narrow-Body models, driving the growth of this segment.

By Engine Type: Turbofan, Turboprop

Among these categories, Turboprop engines are the largest segment. These engines are commonly found in regional aircraft that operate shorter routes and require a different set of performance characteristics compared to their Turbofan counterparts. Turboprop engines are known for their fuel efficiency and reliability, making them a preferred choice for regional carriers.

However, when it comes to growth, Turbofan engines take the lead. The demand for Turbofan-powered Single-Aisle Aircraft is on the rise, driven by the need for higher efficiency, reduced emissions, and greater operational range. Airlines are increasingly opting for Turbofan engines in their narrow-body aircraft to meet the growing demand for longer-haul regional and international flights.

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Regional Analysis:

The Single-Aisle Aircraft market spans across variregions, including North America, Europe, Asia-Pacific, South America, and the Middle East & Africa. Each of these regions has its unique characteristics and influences on the market.

Asia-Pacific emerges as the largest region in this segment. This region encompasses numerfast-growing economies, a burgeoning middle class, and a robust travel and tourism industry. As a result, airlines in Asia-Pacific have been expanding their fleets to meet the increasing demand for air travel. With a foon domestic and regional routes, narrow-body aircraft have been particularly favored in this region, contributing to its leadership in the Single-Aisle Aircraft market.

In terms of growth, Europe takes the lead. Despite being a mature aviation market, Europe is experiencing a surge in demand for narrow-body aircraft, primarily due to the need for more fuel-efficient and environmentally friendly options. European airlines are increasingly looking to modernize their fleets with state-of-the-art single-aisle aircraft, thereby driving the growth of this segment in the region.

The Middle East & Africa region also shows promise in terms of growth, driven by the emergence of airlines in the Middle East as major global players. These airlines are expanding their networks and investing in modern, fuel-efficient narrow-body aircraft to meet the growing demand for long-haul travel.

North America, with its well-established aviation industry, continues to be a significant market for single-aisle aircraft. While it may not be the fastest-growing region, North America remains a stable and vital market for these aircraft, catering to both domestic and international routes.

South America, although a smaller market compared to the other regions, also contributes to the demand for single-aisle aircraft. Airlines in South America are focusing on modernizing their fleets to enhance operational efficiency and reduce emissions.

Latest Industry Developments:

  • One of the key strategies adopted by companies is a strong emphasis on fuel-efficient and environmentally friendly aircraft. With the aviation industry facing increasing pressure to reduce carbon emissions, manufacturers are investing in the development of next-generation single-aisle aircraft with improved fuel efficiency. This includes the use of advanced materials, aerodynamic design enhancements, and the incorporation of more fuel-efficient engines. Furthermore, there is a growing trend towards the electrification of aircraft systems, including electric taxiing systems and more electric aircraft architectures. These innovations aim to reduce the overall carbon footprint of single-aisle aircraft, aligning with global sustainability goals.
  • To enhance their market share, aircraft manufacturers are expanding their global reach and customer base. They are targeting emerging markets with fast-growing air travel demand, such as Asia-Pacific and the Middle East. These regions represent significant opportunities for fleet expansion, especially with narrow-body aircraft designed for short- to medium-haul routes. Another trend is fleet modernization. Airlines, particularly in mature markets like North America and Europe, are retiring older aircraft and replacing them with state-of-the-art single-aisle aircraft. This trend is driven by the need to improve operational efficiency, reduce maintenance costs, and enhance passenger comfort. Manufacturers that offer the latest technology and fuel-efficient options have a competitive advantage in this regard.
  • Connectivity and digital solutions are becoming increasingly important in the aviation industry. Airlines are seeking aircraft equipped with advanced connectivity options to enhance the passenger experience, provide in-flight entertainment, and enable seamless inteaccess. Manufacturers are responding by integrating cutting-edge connectivity solutions into their single-aisle aircraft offerings. Additionally, the use of data analytics and predictive maintenance has gained prominence. Airlines are leveraging data from their aircraft to optimize operations, reduce downtime, and lower maintenance costs. Aircraft manufacturers are incorporating these features into their products to meet the demand for data-driven solutions.

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Virtue Market Research stands at the forefront of strategic analysis, empowering businesses to navigate complex market landscapes with precision and confidence. Specializing in both syndicated and bespoke consulting services, we offer in-depth insights into the ever-evolving interplay between global demand and supply dynamics. Leveraging our expertise, businesses can identify emerging opportunities, discern critical trends, and make decisions that pave the way for future success.

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What does NASA want to do with Boeing in aviation industy?

It wants to build, test, and fly a single-aisle aircraft to reduce emissions before the end of the decade.

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 making efforts to improve aircraft efficiency.

What is the main objective of the ReFuelEU Aviation initiative?

To increase demand and supply for sustainable aviation fuel

Single-aisle jets will make up approximately 70–75% of all new aircraft deliveries.

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
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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

This demand is fueled by sustained air travel recovery, economic and GDP growth, rapid urbanization—especially in Asia-Pacific—and the expansion of low-cost carriers and e-commerce, which also boosts the need for cargo aircraft.

Around half of future deliveries are intended for fleet replacement, enabling airlines to meet sustainability standards and reduce costs.

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 making efforts to improve aircraft efficiency.

Airbus and Boeing lead the market, each forecasting deliveries of roughly 39,000 to 43,000 aircraft through the 2040s.

Title:

Content: The leaders of demand growth are expected to be Asian companies, mainly Chinese and Indian.
The total demand for aircraft in 2023-2042 will be 40,85 thousand units, including 32,630 thousand for narrow-body liners, 8,220 thousand for wide-body liners, Airbus predicts.
It is expected that in the next 20 years, the world ’ s airlines will replace about 17,17 thousand old aircraft with new, more energy-efficient liners.
In the future, the demand for aircraft will increasingly be determined by the need to replace the old generation, given that the aviation sector sets itself sustainable development goals, according to the Global Market Forecast 2023 review.
Demand for cargo aircraft in 2023-2042 is expected to reach 2,510 thousand units.
According to the forecast of Airbus, by 2042, the global fleet of aircraft will be 46,560 thousand, including 3,23 thousand cargo ships.
The average growth rate of passenger traffic in the world 2019-2042 will be 3.6%, freight - 3.2%, Airbus expects.
Last year, the aerospace corporation predicted total demand for aircraft in the next 20 years at 39,490 units.

Their flagship single-aisle models, the Airbus A320neo and Boeing 737 MAX, are set to dominate this segment.

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.

Airbus has recently outpaced Boeing in new orders but both hold similar long-term market expectations.

Title:

Content: 6 / 28 Hot Spots in the Market
Today ’ s (6 / 28) hot focus stocks are as follows, for reference only:
(1) Buy more than expected Chinese auto show smile
After the Chinese car (2204) opened higher on Wednesday (6 / 28), it was not easy to small, and the market price at 9: 47 am was tentatively reported at 96.5 yuan, up 7.34%, returning to the five-day line and the monthly line, and performing well.
This year, the car market is expected to buy more than expected! The car manufacturers are optimistic about the second half of the year to continue to improve the sales target of the whole year, and continue to repair the HYUNDAI and LEXUS sales volume of Sanyang Hyundai and Hetai cars. sales throughout the year.
After returning to Taiwan last year, MG launched HS 1.5T Flagship Edition and HS PHEV Power Edition successively. The monthly delivery volume has been growing all the way. In order to meet the market demand, the Chinese car production line has applied for relocation for a new era. The car's target.
With the HS 2.0T AWD flagship version listed in March also began delivery in June, with increased production capacity, the legal person estimated that MG in May after the license reached 1032 vehicles, June should be able to further grow to a new monthly license high, MG HS car series will be stable in the domestic medium-sized SUV market sales runner-up.
Since China MG will also launch another new cross-boundary SUV in September, and the performance of the brand in May and June is better than expected, with the new car will bring another wave of purchase gas after the listing, China Automobile is optimistic, and the annual sales volume is expected to grow further to 13,000 vehicles compared with the estimated 12,000 vehicles in March.
In fact, in addition to sales performance better than expected, China Motor Vehicle MG production line has begun to make profits in the first half of the year, with the second half of the monthly production capacity to maintain at more than 1000 vehicles, will further promote the growth of China Motor Vehicle revenue.
In addition to applying for migrant workers to join production, the current production line is mainly based on the one-shift overtime system, and Chunghwa says that due to the serious shortage of labor in the market, it will not be planning for a two-shift system in the near future.
With this year 's new car buyout, the current domestic three Yang Hyundai has increased the annual sales of HYUNDAI from 17,300 vehicles to 18,500 vehicles, and the annual sales target of Hetai car repair LEXUS from 23,000 to 30,000 vehicles, and the Chinese car is expected to be repaired twice to 13,000 vehicles. (Business Times Chen Wei, digital editor)
(2) The United States intends to expand the layout of high-speed network in Lei attack
Zhonglei (5388) benefited from the United States to expand investment in high-speed networks, in the multi-structure supply chain imagination space, after this high, the desire to small is not easy, the early market rose to 105.5 yuan, as of 9: 54 am provisional market price of 103 yuan, still up 6.74%.
It is understood that US President Joe Biden announced a network plan of more than $42 billion on the 26th, which aims to make high-speed Internet available to every American family by 2030.
Biden used this to promote the policies he promoted during his tenure, paving the way for the next presidential re-election, and the market interpreted that the policy has a positive impact on the development of Internet stocks such as Zhonglei in the supply chain of Taiwan stocks.
Telecom broadband equipment manufacturer Zhonglei recently held a general meeting of shareholders, which passed a private placement plan, hoping to introduce strategic investment partners, improve operational efficiency, and accumulate momentum for the next stage of operational growth.
Wang Wei, chairman of Zhonglei, said that with the network becoming indispensable in life, the rapid transformation of digital transformation leads to innovative business models, and the global government actively invests in infrastructure to drive the demand for Netcom equipment.
In addition, Zhonglei has mastered key technologies and provides a full range of solutions such as optical fiber access equipment, DOCSIS Cable products, commercial network equipment, 5G FWA fixed network wireless access equipment, 5G small base stations and video streaming equipment.
(Zheng Shu-fang, Chen Yi-jun, Digital Editor, Business Times)
(3) Hot focus stocks in the market:
1. Zhong Qi (2419): Benefiting from the US Broadband, the company will face a large order, the stock price is fast rising and stopping price is 30.05 yuan, creating a high band, and the volume is increased by more than 10 times.
2. Gao Lin (2906): Foreign investors have been selling for days, but the stock price is still rising, and the price of shares is still rising. This morning, the pursuit of buying orders poured in, and the explosion stopped at 19.55 yuan, rewriting the band's new high on February 21.
3. Dongtai (4526): New products to enhance energy saving, collect carbon footprint data, July 5 ex-dividend, interest rate 0.2 yuan, buy card sharp stop.
4. Good power (2462): Q3 into the peak season, this year the gross profit margin is estimated to have jumped significantly, the volume of the attack stopped, and another wave of high.
5. Liande Holdings - KY (4912): Obtained orders from AI server manufacturers, and this year ’ s operation has been rising quarter by quarter.
6. Jiang Shen (1525): The bus frame in hand orders nearly a thousand, the current production capacity is full to the end of the year, this year the industry will be high season, yesterday foreign capital to buy more than 103, the beginning of the surge stopped, jumped over the 5 day line.
7. Wufu (2745): retaliatory tourism after the epidemic, this year's operation is bullish, the stock price rose to a new high.
Hetai Car (2207): Decided to pay a profit of 2.2 yuan, optimistic that the scale of the car market this year is better than 450,000 vehicles, and the stock price was flat at the beginning of the session.
9. South Asia Branch (2408): today the interest rate, opening reference price of 68.7 yuan, the stock price rose to 70.3 yuan, stride towards the road of interest filling.
China (2204): intends to increase MG sales for the second time in the whole year, the stock price rebounded by more than 3.5% at the beginning of the session, surpassing the 5 day line and the sword month line.
11. Daewoo Capital (6111): Entering the Indian market has been lackluster, falling by more than 6.5% at the beginning of the session
Sun Moon Investment Control (3711): Chief Operating Officer Wu Tianyu pointed to a slower than expected recovery in demand, but the crisis is a turnaround, and the stock price is under pressure.
13. Yilong (2458): Q2 pull the strength of the heat, revenue is expected to be better than financial estimates, stock price to maintain 100 yuan.
MediaTek (2454): Dong Zong Cai Mingjie visited the Ministry of Land Industry and Information Technology this week to discuss semiconductors and 5G, and the stock price rose slightly.
15. Xia Du (2722): Profit of 1.25 million yuan since May, net profit of 0.01 yuan per share after tax, stock price fell.
16. Li Cheng (6239): Disposal of the shares of Suzhou Plant to JiangboLong, the expected disposal interest is equivalent to NT $2.384 billion, can contribute more than NT $3 EPS, is expected to be recognized before the end of the year.
The stock price is flat.
17. Zhiyuan (3035): The operation will resume growth, HSBC, KGI shouted to buy, the stock price is more than 200 yuan high-grade strong finishing.
18. Evergreen Airlines (2618): The third season of summer vacation season is coming, this year's operation is challenging new highs, foreign investment is overbought, and the stock price stands at 40 yuan.
19. Sichuan Lake (2059): Foreign investment confidence is low to buy, and Taiwan stocks are high 100 points to assist, and the market hit a stop.
20. Jian Zhen (2421): High-end fan solutions shipped smoothly, performance can be expected this year, early hit 90 yuan, strong 5 days online.
21. Haiyundian (6203): H2 revenue, profits increased year by year, recently, the total of 984 shares bought in a row of four, and continued to attack above 100 yuan, up 3%.
22. Jinbao (2312): Today's interest rate, up 3%, take the upper stock rebound train, go to fill the interest road.
23. Cathay Gold (2882): Divided interest rate of $0.9 today, by foreign investors sold 2, the morning market to fill the interest road small steps.
24. Weichuang (3231): Joint attack on AI, HPC and automotive business opportunities, invested 1 billion shares in the world core, re-listed in the 80 yuan and 5 day line high grade area.
25. ADLINK (6166): Edge AI attracted attention, orders took off in the wind, and the volume once shot up 4%, standing on the five-day line.
26. GuangHuanke (3287): The shareholders' meeting was held on the 30th, and the recent operation of foreign capital was excessive, and the sharp attack stopped to catch up with the two-year high.
27. Datong (2371): Foreign investors bought more than 10,000 shares, and the stock price rose nearly 4% at one time, and the sky price was 54.8 yuan.
28. Changjia Intelligence (6841): The cerebral hemorrhage detection system obtained the TFDA secondary medical device license, and the stock price once rushed 102 yuan to close, closing the second half of the line.
29. Odd (3356): Driven by AI craze + performance growth, the stock price rose by about 2%.
30. Taiyao (4746): At the end of July, the Asian Biotechnology Conference attracted popularity, but after the stock price broke the 100 yuan mark, the reverse pressure came out of the cage, and the black fell by about 2.5%.
31. United Regeneration (3576): Invest in TOPCon M10 battery and module, estimated next year Q3 mass production, the stock price rose, close to the monthly line.
(Times Information Lee Hui-lan)
(4) New aircraft orders increased sharply
Zilong Precision (4572) opened three high, all the way steady higher, as of 10: 00 in the morning, the market price tentatively reported 182.5 yuan, an increase of 5.8%, back on the five-day line, the performance is good.
On the 27th, Wang Kunsheng, chairman of Zilong Precision, said at the shareholders' meeting that the company 's orders for products have increased significantly. According to Boeing and Airbus' delivery forecasts this year, and Zilong 's new orders have been gradually developed and entered mass production.
The net profit after tax last year was 184 million yuan, an annual increase of 2.42 times, EPS 5.13 yuan, up from 1.5 yuan the year before.
Mainly benefiting from the rapid recovery of travel business air passenger traffic after the unsealing, the two major aircraft manufacturers Boeing and Airbus have received orders, and the rapid increase in production speed has also led to a steady upward performance of the overall aerospace industry.
Due to the European Union ’ s decision to introduce a carbon tax in 2026, governments and airlines are increasingly focusing on carbon reduction, which is conducive to the sales of new, more fuel-efficient aircraft, and it is expected that the aviation industry will accelerate the demand for replacement aircraft.
According to the order status of Boeing and Airbus in 2021 and 2022, new orders from airlines have increased significantly, especially for narrow-body aircraft such as the B737max and A320.
In addition, according to Boeing and Airbus ’ demand forecasts for new aircraft in the next 20 years, both show stable growth, but currently limited by aerospace supply chain restructuring and labor shortage, the production and supply of aircraft are temporarily limited, and it is generally expected to be improved by the third quarter of next year.
The industry predicts that the monthly production rate of narrow-body aircraft in the fourth quarter of next year may rebound or exceed pre-epidemic levels.
However, Zilong benefited from the benefits of changing orders during the epidemic, and the product categories have increased significantly.
This year, according to the traffic forecasts of the two major aircraft manufacturers, and the company's new product orders have been gradually developed and entered mass production, the company estimates that the performance of Dragon should still be able to increase significantly compared with last year.
Looking after the future city, Zilong has begun planning and building a new factory in Renwu Aerospace Park to advance the layout for the growth period.
(Business Times, Liu Jusong, Digital Editor)
(5) Air Double Male Popular Huaxin GDR Discount Issuance with Volume Kill
Taiwan stocks are now rebounding with the US stocks, focusing on the market returning to the monthly line to challenge the Wanqi level, and the aviation duo have once again become the top five most popular stocks, and AI index stock Weichun is also in the top five stocks.
In addition, Huaxin (1605) is now issuing additional common shares to participate in the issuance of overseas depository certificates, which is equivalent to about NT $40.22 per share.
Evergreen Airlines (2618) currently ranks first in the trading volume of listed stocks, with close to 65,000 shares traded in the opening hour.
Benefiting from the arrival of the summer peak season in the third quarter, coupled with the recovery of tourism opportunities after the epidemic, high ticket prices and the decline of oil prices in the second quarter, it is expected that the second and third quarters of the operation will continue to improve.
China Airlines (2610) also benefited from the post-epidemic travel opportunities, increased airfares and lower oil prices.
On Tuesday, foreign investors bought more than 10,000 Super China Airlines, and backhand bought 4418 Super Evergreen Airlines. Both stocks rose more than 3% this morning, and Evergreen Terminal returned to the 40 yuan level.
Huaxin, which has the second largest trading volume of the listed shares, is now issuing additional common shares to participate in the pricing of the issue of overseas depositary certificates, which is equivalent to about NT $40.22 per share.
Foreign investors have sold more than 75,484 copies to Huaxin for six days on Tuesday, and only one day in the past 14 days, with a total of 118,850 copies sold.
Huaxin has increased its participation in the issuance of overseas trust certificates (GDRs), raising nearly US $390 million, or about NT $12.06 billion. The issue price per share is 40.22 yuan. Compared with the closing price of 43.55 yuan on the previous day (27 day), the price difference is about 7.6%. A drop of about 5%.
Huaxin announced this morning a cash increase in the issuance of common shares to participate in the issuance of overseas depository certificates; the total amount of overseas depository certificates issued is US $389.1 million, and the issuance price of overseas depository certificates is US $12.97 per unit; the overseas depository certificate issued 30 million units, commending 300 million ordinary shares; the scheduled issuance date is June 30, 112.
1 Unit of overseas depository certificate recognizes 10 shares of common stock of the company, which is equivalent to about NT $40.22 per share (converted to US $1 = NT $31.008).
Huaxin said that the fundraising will be used to purchase raw currency to strengthen the financial structure.
This cash capital increase of 300 million ordinary shares to participate in the issuance of overseas depository certificates, the dilution ratio of the original shareholders' equity is about 7.44%, will not cause a significant dilution of the original shareholders' equity, and after the capital increase benefits appear, it should have positive benefits for future development, and there should be no adverse impact on the shareholders' equity.
US stocks stopped falling and rebounded, Huida surged 3.06%; Taiwan stock AI index stock Weichuang (3231) counterattacked this morning, and the stock price opened higher, currently rising nearly 1.8% to about 81 yuan.
In addition, Datong (2371), which has been continuously overbought by foreign investors, continues to take the lead and hit new highs in the band. It is also listed in the top five trading stocks of listed stocks. (Times Information Shen Peihua)
(6) Biden opens the red carpet of the Golden Mouth Spread Coin Netcom Stock Exchange
Netcom community is encouraged by Biden 's US $42 billion investment in broadband infrastructure, including Huaxing (4979), Yuzhi (6470), Desheng (8048), Zhongqi (2419), and Plaid (6263). Zhonglei (5388), Xingtong (3025), Unixin (6426), Text (4906), Mingtai (3380) KASUS (8059), Shen Zhen (3558), Vantage (6190) and other large gains and half of the board jumped, pushing the Netcom category to occupy the top of the list of various stocks.
US President Joe Biden has fought hard for broadband infrastructure, announcing a network plan of more than US $42 billion to make high-speed Internet available to all US households by 2030, thereby promoting domestic policies and paving the way for the next presidential election.
The states are expected to put forward preliminary plans later this year, and the US government will release 20% of the funds, and it is estimated that the balance will be allocated in 2025, which will encourage the Internet communication community including Huaxing (4979), Yuzhi (6470), Desheng (8048), Zhong Qi (2419) and other bright lights to stop.
In addition to the stable monthly revenue, the major network companies including Zhibang (2345), Zhonglei (5388), Zhong Qi (2419), Ming Tai (3380) and others have recorded double-digit revenue growth in the second half of the year. It is expected to maintain the growth pace.
Zhonlei (5388) reported revenue of 26.18 billion yuan in May, an annual increase of 18.1%, a record high for the same period. Due to the strengthening of digital infrastructure in all countries, the market inventory gradually turned healthy after 4 quarters of adjustment.
Optical module manufacturer Huaxiang (4979) is currently focusing on the application of 70mW CW LD and advanced packaging technology above 400G. The new products drive the performance growth. May revenue was 199 million yuan, an annual increase of 105.22%. In May, the revenue was 816 million yuan, an annual increase of 107.85%. A $100 club for a $100 club.
Zhong Qi (2419) May revenue of 984 million yuan, an annual increase of 10.91%, the previous May revenue of 4.827 billion yuan, an annual increase of 17.59%. Highpoint.
Analysts said that the recent international market in the stock price rose more, will face the institutional evaluation adjustment, short-term is not easy to have a large market, Taiwan stocks will return to the low-base period rotating structure, stock selection to low-base growth stocks as the first choice, optimistic about automotive components, seals, industrial computers, networking, passive components and other sub-industries. (Times Information Long Cailin)
(7) Q2 peak season dynamic energy, Yang Qin and another new high price
The stock price of Yangqin (2755), a chain restaurant group, has risen since this year. Recently, the upward momentum has strengthened again. Today (28), the volume increased by 6.3% to 194 yuan, and the price has reached a new high since the listing.
The three major legal entities yesterday backhand to buy more than 89, so far this week a total of more than 39.
Yangqin benefited from the expansion of the operation scale of the two brands of “McDonald ’ s ” and“ Fried Chicken Lion ”. In line with the adjustment of the structure of “McDonald ’ s ” stores, the net profit after tax in the first quarter of 2023 increased by 45.28% in the quarter, an annual increase of 2.72%.
With the timing gradually entering the peak brunch season and the impact of the epidemic on consumer flow slowing down, Yangqin consolidated revenue of 182 million yuan in May 2023, an increase of 6.48% month-on-month and 16% year-on-year, setting a new record high.
Cumulative consolidated revenue of NT $842 million in May, an annual increase of 13.83%, a new high for the same period, and the second quarter of operation continued to enjoy a good period.
Looking forward to 2023, Yangqin not only continues to expand its stores through effective strategies to enhance its overall revenue and brand impact, but also expands its business performance through five major business strategies.
In addition to continuing the business expansion in the ASEAN region, this year, we also joined hands with our strategic partner, Yarming-KY, to jointly develop the US market through “Fried Chicken and Lion ” and“ Happy Lemon ” to increase the brand ’ s market visibility and influence.
Yang Qin has held a general meeting of shareholders at the end of May to approve the distribution of earnings, and resolved to distribute dividends of 1.6 yuan, 3.7 yuan, and a total dividend of 5.3 yuan.

What happened to the market shares between Boeing and Airbus after the Covid-19 crisis?

Airbus announced order intent for 408 new aircraft, while Boeing has secured contracts for 78 aircraft.

Looking ahead, both companies are preparing to introduce next-generation single-aisle aircraft in the 2030s.

Asia-Pacific—specifically China and India—will drive growth, with China alone accounting for up to 20% of global demand.

COMAC is gaining share regionally with its C919, targeting single-aisle demand in China and Asia-Pacific, but remains behind Airbus and Boeing globally.

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.

Embraer holds a strong position in the regional jet and turboprop segment, especially for emerging market and short-haul routes.

Sustainability innovation is a crucial differentiator.

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.

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What is Airbus doing to achieve sustainable aviation?

It is working on adopting innovative strategies.

Both Airbus and Boeing are investing in advanced materials, aerodynamics, and alternative propulsion, including Boeing’s NASA partnership to cut emissions by up to 30%.

Title:

Content: A Glance at NASA Planes That Will Change Air Travel by 2030
TOURISM
Publish
5 minutes read
DUBAI, United Arab Emirates (CNN) -- NASA's most important aircraft projects were unveiled on Monday, which the agency wants to embody the next generation of sustainable aviation provided it enjoys a beautiful look in the meantime.
First, there ’ s the X-66A that NASA created in parallel with Boeing as part of its Sustainable Flight Project.
US space giants want to build, test and fly single-aisle aircraft to reduce emissions before the contract expires.
The X-66A will be the overall model they will offer.
NASA Administrator Bill Nelson said in January, “Through NASA ’ s partnership with Boeing, we are seeking to produce and test a life-size aircraft that will help deliver future commercial aircraft that are more fuel-efficient, benefit the environment, the commercial aviation industry, and passengers around the world. ”
"If we succeed, we may see these technologies with the airplanes that the public will be flying in the sky in the 1930s."
According to the agency, the design that NASA and Boeing are working on could reduce fuel consumption and emissions by up to 30% compared to today ’ s more efficient aircraft.
It is called the Transonic Truss-Braced Wing concept, which relies on long, thin wings fixed by diagonal supports that connect the wings to the aircraft.
The shape of the design creates less resistance, which means less fuel is burned.
The new model was unveiled at EAA AirVenture Oshkosh and features a white body with a blue, orange and red striped tail.
"Experimental aircraft"
Bob Pierce, NASA's assistant director for the Flight Research Task Force, said in January: "This is an experimental aircraft."
"This is not a commercial development of an aircraft that passengers will be flying today.
The reason we need to do this is because this is a high-risk technology, and we're trying to verify the technology. "
The first test flight of this aircraft in its actual size is scheduled for 2028.
NASA hopes the technology will one day serve about half of the commercial market with a single-aisle short- to medium-range aircraft.
Airlines rely heavily on single-aisle aircraft, which account for nearly half of aviation emissions worldwide, according to NASA.
Boeing estimates that demand for new single-aisle aircraft will increase by 40,000 between 2035 and 2050.
The goal is for the technology to serve about 50% of the commercial market with short- to medium-range single-aisle aircraft.
Other aircraft that will get a new look are hybrid electric aircraft being developed by GE Aerospace and MagniX as part of NASA ’ s Flight Show Project (EFPD).
The project aims to enable a new generation of electric powered aircraft.
NASA is collaborating with industry partners to work on new technologies, including engines, electronics, and lighter, more efficient materials that can improve fuel efficiency and reduce emissions.
More future flight tests
These technologies will be tested and demonstrated in existing modified aircraft.
Developed in white and blue, the Saab 340B is used for ground and air tests on the MW hybrid electric powertrain developed by GE Aerospace (the powertrain, for starters, is the system that combines all the components to drive the aircraft forward).
NASA says the flights will take place by the middle of this decade.
The modified DeHavilland "Dash 7" aircraft, in red and white, is home to the MagniX hybrid powertrain and is partnering with AeroTEC and Air Tindi on test flights.
There is hope that the project will benefit short-range turboprop aircraft of the type that carry between 30 and 70 passengers, as well as single-aisle commercial aircraft that carry up to 180 passengers.
NASA said it plans to conduct a minimum of two experimental demonstrations over the next five years so it can introduce commercially prescribed new technologies in the United States between 2030 and 2035.

What is Airbus doing to achieve sustainable aviation?

It is working on adopting innovative strategies.

It is making efforts to improve aircraft efficiency.

The market’s long-term winners will be those able to deliver sustainable fleets and capitalize on Asia-Pacific’s growth story, positioning Airbus and Boeing at the forefront, with COMAC rising regionally and Embraer strong in niche markets.

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?

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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.

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