How big is the Europe Aviation Market?

The Europe Aviation Market size is expected to reach USD 67.81 billion in 2024 and grow at a CAGR of 2.98% to reach USD 78.53 billion by 2029. Read More

What is the current Europe Aviation Market size?

In 2024, the Europe Aviation Market size is expected to reach USD 67.81 billion. Read More

Who are the key players in Europe Aviation Market?

Lockheed Martin Corporation, Dassault Aviation, The Boeing Company, Airbus SE and Leonardo S.p.A. are the major companies operating in the Europe Aviation Market. Read More

What years does this Europe Aviation Market cover, and what was the market size in 2023?

In 2023, the Europe Aviation Market size was estimated at USD 65.79 billion. The report covers the Europe Aviation Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Aviation Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

European Airline Industry - Analysis, Share

European Airline Industry Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Europe's Airline Industry Report is Segmented by Type (Commercial Aviation, Military Aviation, and General Aviation) and Geography (United Kingdom, Germany, France, Italy, Spain, Russia, and the Rest of Europe). The Report Offers Market Size and Forecast for all the Above Segments in Value (USD).

Europe Aviation Industry Overview

The European aviation market is consolidated, as few players hold significant amounts of shares. Airbus SE, Boeing, Lockheed Martin Corporation, Leonardo S.p.A., and Dassault Aviation SA are some of the major players in this region. Airbus dominates the market in Europe in commercial and military aviation.

The aircraft industry is expected to see innovations getting implemented in aircraft design, which is expected to change the landscape of safety, comfort, and efficiency for both passengers and aircraft manufacturers. Companies are looking forward to grabbing the opportunities offered by the new technological innovations, increasing their respective market shares. Multiple countries are partnering to develop new military aircraft models, which is expected to bolster the prospects of the local players in those countries.

For instance, Germany, France, and Spain are involved in the development of a next-generation fighter jet named Future Combat Air System (FCAS). Such programs are expected to drive the growth of the local players in these countries during the forecast period.