Dublin, October 4, 2022 /PRNewswire/ — “Global Commercial Aircraft Market – 2022-2041 – Market Size, Competitive Landscape and Market Shares, Aircraft OEM Strategies and Plans, Trends and Opportunities, Market Outlook and Demand Forecast to 2041” Report was added of ResearchAndMarkets.com Recruitment.
The global commercial aviation market has rebounded violently from the pandemic with strong levels of passenger demand, thanks to strong and sustained travel demand in most major markets and regions, apart from strong global cargo traffic. have achieved. , most airlines are increasing fleet utilization while reigniting plans to expand and recapitalize their fleets.
Successful Farnborough Air Show for the first time in four years July 2022further testified to that, and proved particularly advantageous to Boeing and its beleaguered 737 MAX program. $13.5 billion at Farnborough. Moreover, the FAA’s grounding of the 787 is yet another blow to Boeing, which now appears to be in rebuilding mode despite facing significant challenges.
The continued recovery in demand and activity levels across airlines around the world has been stable and particularly encouraging for domestic travel, reaching pre-pandemic levels by 2023 and falling below oil prices by 2024. A full recovery is projected as the surge puts downward pressure.Profitability
Industry Background:
But the situation on the supply side is not so pretty as the Airbus-Boeing duopoly seeks to raise production levels, especially for narrow bodylines for which demand is soaring.
But their respective supply chains and the global aviation industry base are expected by aircraft OEM lords to emerge from the gloom of the pandemic and the economic blow it has brought while battling a global crisis. I can’t keep up with the pace I’m doing, and I can’t match.Supply chain disruptions due to high raw material prices and ongoing shortages Russia–Ukraine war.
The problem is particularly acute at the engine manufacturer level, where both Airbus and Boeing are unable to really increase production numbers of narrow body fronts due to limited engine production and supply by CFM International and Pratt & Whitney. . In units of 2021 and the first half of 2022, the scenario is likely to remain unchanged for the remainder of his 2022.
The aviation supplier base will therefore have to effectively offset the cuts made during the pandemic, and instead Boeing is likely to peak again at levels already close to pre-pandemic levels in the near future. We need to be ready to move forward towards the imminent production ramp-up. Airbus is targeting 65 aircraft per month by mid-2023 for his A320neo family, while Airbus plans to increase its 737 MAX production to 47 per month by the end of 2023. .
So, amid soaring inflation and unprecedented Fed tightening, we need to quickly build up our aviation supplier base while combating the working capital crisis from balance sheet weakness.
Market Outlook, Trends and Challenges:
However, long-term industry fundamentals remain solid, with strong tailwinds expected to prevail in the form of over 40,000 new aircraft deliveries by the industry over the next 20 years.
Furthermore, by focusing on sustainability and switching to sustainable power sources, aviation should be green and completely carbon neutral by 2050. Electric and hydrogen-powered planes will dominate the skies and future, potentially complemented by sustainable aviation fuels (SAF). ) conventional aircraft with conventional aviation turbofan engines
But these game-changing changes are also driven by an equally vast amount of developmental pressure in virtually uncharted territory, led by engine OEMs and backed by ample R&D budgets, policy incentives, support and commitment. Along with the challenges comes a massive and radical technological leap.
The civil aviation industry base will need to rapidly scale up production levels from the current available level of just 1% of global demand for aviation fuel to a significant level. needs to be addressed as well. Maintain a manageable economic and price equilibrium with conventional fossil fuels.
The latest under-development technology efforts by engine OEMs that promise significant reductions in carbon emissions compared to current-generation engines are a promising sign and a much-needed stepping stone into the future. .
Main topics:
part 1
Section 1: Global Commercial Aircraft Market – Introduction and Overview
Section 2: Market Segmentation
Section 3: Global Civil Aircraft Fleet
Section 4: Commercial Aviation – Key Demand and Market Drivers
Section 5: Competitive Landscape
Section 6: Segmentation by Geographic Regions and Customer Segments
part 2
Section 7: Business Structure and Snapshot
Section 8: Financial Performance Snapshot – Charts and Analysis for Each OEM
Section 9: Strategic Positioning and SWOT Analysis – For Each of the Top 4 Commercial Aircraft Manufacturers
Section 10: Overall Strategic Focus – For Each of the Top 4 Commercial Aircraft OEMs
Section 11: Key Strategies and Plans – For Each of the Top 4 Commercial Aircraft OEMs
part 3
Section 12: Global Commercial Aircraft Market – Force Field Analysis – Analysis of Driving Forces and Binding Forces, and Their Overall Dynamics
Section 13: Industry Trends
Section 14: Market Trends
Section 15: Technology Trends
Section 16: Key Issues, Challenges and Risk Factors
Section 17: Strategic Market Outlook – Commercial Aviation Market – 2022-2041
For more information on this report, please visit https://www.researchandmarkets.com/r/s5xhis.
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