Global Commercial Aircraft Markets Report 2022-2041: Overall Strategy Focus, Key Strategies & Plans, Strategic Positioning, Technology Trends – Yahoo Finance
DUBLIN , Oct. 4, 2022 /PRNewswire/ — The “Global Commercial Plane Market – 2022-2041 — Market Size, Competitive Landscape & Market Shares, Techniques & Programs for Airplane OEMs, Styles & Growth Opportunities, Marketplace Outlook & Demand Forecast through 2041” report has been added to ResearchAndMarkets. com’s offering.
The Global Commercial Aircraft market continues to be making a roaring comeback from the pandemic with strong passenger demand levels thanks in order to strong & sustained pent-up demand for travel across most key markets & regions apart from robust global cargo traffic volumes which collectively have been, in turn, driving up fleet utilization amounts across most carriers while also rekindling plans with regard to fleet expansion as well as recapitalization now.
The success of the Farnborough Airshow, held after a 4-year hiatus in July 2022 , further testified it and proved to be especially favorable for Boeing and its beleaguered 737MAX program which almost had a revenant with significant new orders from airlines at the show and is rapidly moving towards stability thanks to Delta’s mega order for 100 737MAX 10 aircrafts worth $13. 5 billion at Farnborough. Further, the ungrounding of the 787 by the FAA has come as another shot in the arm for Boeing which now seems to be inside the turnaround mode despite facing serious challenges.
The particular ongoing recovery in demand & activity levels throughout airlines globally has been steady and also encouraging especially for domestic travel and is projected to reach the pre-pandemic levels simply by 2023 to be followed by full recuperation in 2024 amid surging oil prices putting downward pressures on profitability
The picture from your supply side, however, is not that pretty with the Airbus-Boeing duopoly raring in order to ramp up production ranges specifically for narrow body lines with burgeoning demand.
However, their respective supply chains and the global aviation industrial base are unable to catch-up plus match the particular pace being expected by their aircraft OEM lords as they chug & carve their way out associated with the pandemic blues & financial blows inflicted by it while combating global supply chain disruptions marked simply by surging raw material costs as well as shortages following the ongoing Russia : Ukraine war.
The particular issues are especially acute in the engine manufacturers level with both Airbus and Boeing unable to really take-off on production numbers on the narrow bodies front owing to limited engine production & supplies by CFM International as well as Pratt & Whitney in terms of engines production in units regarding 2021 plus H1 2022, with the particular scenario likely to be unchanged intended for the rest of 2022.
The aviation supplier base, thus, needs to effectively offset the cuts made during the pandemic and instead gear up to get growth going forward along with production ramp-ups imminent over near term which are usually likely to peak again close to the pre-pandemic levels as Boeing already has plans in order to ramp-up 737 MAX manufacturing to 47 per month simply by the end of 2023 while Airbus is gunning for 65 each month by mid-2023 pertaining to its A320neo family.
The aviation supplier base, thus, needs to get in shape quickly while battling working capital crunch with weak balance sheets amid soaring inflation levels plus an unprecedented economic tightening by the Fed
Market Outlook, Developments & Challenges:
The particular long-term industry fundamentals, however, remain strong and firmly in place along with forecasts meant for strong tailwinds to prevail in form of deliveries of around 40, 000+ new airplanes by the particular industry forecasted over the next two decades.
Additionally, aviation needs to go green and absolutely carbon-neutral simply by 2050 by focusing upon sustainability and switching in order to sustainable power sources, with Electric plus Hydrogen-powered planes prone to rule the skies as well as the future, complemented simply by Sustainable Aviation Fuels (SAFs) powered traditional airplanes operating with conventional aviation turbofan engines
Nevertheless, these monumental shifts will entail massive & radical technological leaps along with equally humungous developmental challenges within virtually uncharted territories led from the motor OEMs and backed by deep R& D budgets, policy incentives & support along with commitments.
Commercial Modern aviation industrial foundation will also have to tackle huge creation capacity shortfalls and logistical challenges around the SAF front which need to be scaled up rapidly in production amounts from their own current availability levels of mere 1% of the worldwide demand designed for aviation fuels to substantial levels whilst maintaining a manageable economic & price equation with their conventional, fossil fuel counterparts.
Latest, under-development technological efforts by Engine OEMs promising substantial reduction in carbon emissions as compared to the current generation engines are encouraging signs & the much needed stepping stones auguring well for the future
Key Topics Covered:
Section 1: Global Industrial Aircraft Marketplace – Introduction & Overview
Section 2: Market Segmentation
Section 3: Global Commercial Aircraft Fleet
Section four: Commercial Aviators – Key Demand & Market Drivers
Section five: Competitive Scenery
Section 6: Segmentation simply by Geographic Regions and Customer Segments
Section 7: Business Structure & Snapshot
Area 8: Financial Performance Snapshot – Charts & Analysis for each OEM
Section 9: Strategic Positioning & SWOT Evaluation – For Each of the Top 4 Commercial Aeroplanes Manufacturers
Area 10: General Strategy Concentrate – For Each of the particular Top four Commercial Aircraft OEMs
Section 11: Key Strategies & Plans – For every associated with the Top 4 Commercial Aircraft OEMs
Section 12: Global Business Aircraft Market – Force Field Analysis – Evaluation of Driving & Restraining Forces plus their Overall Dynamics
Area 13: Industry Trends
Section 14: Marketplace Trends
Area 15: Technology Trends
Section 16: Essential Issues, Difficulties & Risk Factors
Area 17: Tactical Market Outlook – Industrial Aircraft Market – 2022-2041
For more information about this report visit https://www.researchandmarkets.com/r/s5xhis
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