Fixed Wing Turbine Aircraft Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Global Fixed-Wing Turbine Aircraft Market Segmentation by Aircraft Type (Business Jets, Military Aircraft, and Commercial Aircraft), Application (General Aviation, Scheduled Air Transport, and Military Aviation), and Geography (North America, Europe, Asia-pacific, Latin America, and Middle East and Africa). The market size and forecasts for all the above segments are provided in terms of value in USD billion.

Fixed Wing Turbine Aircraft Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Fixed Wing Turbine Aircraft Market Size

Fixed Wing Turbine Aircraft Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 5.20 %
Fastest Growing Market Asia-Pacific
Largest Market Asia-Pacific
Market Concentration High

Major Players

Fixed Wing Turbine Aircraft Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Fixed Wing Turbine Aircraft Market Analysis

The Fixed Wing Turbine Aircraft Market is expected to register a CAGR of 5.2% during the forecast period.

  • The COVID-19 pandemic affected air passenger traffic globally in 2020, reducing flight activity and impacting domestic and international travel. As a result, private aircraft original equipment manufacturers (OEMs) trimmed their production rates as the pandemic decreased the demand for new jets.
  • However, after the COVID-19 pandemic, the restrictions on traveling rules and regulations were reduced. Furthermore, with the increased use of turbine-powered aircraft for training and recreational activities, along with regional travel, the demand for these aircraft grew by significant margins, with a steady increase. Owing to this, the market has witnessed a gradual economic revival from the economic slump caused due to the pandemic.
  • There were 56.1 million high-net-worth individuals (HNWI) worldwide at the end of 2021. This represents around 1.1% of the world's adult population, driving significant demands for market growth, and is expected to drive market growth during the forecast period.

Fixed Wing Turbine Aircraft Industry Overview

The fixed-wing turbine aircraft market is consolidated, with major players holding a large market share. The prominent player in the market is Bombardier, Embraer, Boeing, Airbus, and Textron Aviation. In the wake of the COVID-19 pandemic, defense organizations of several countries invested in increasing their fleet of fixed-wing turbine-powered aircraft. As a result, turbine-powered aircraft companies have been receiving orders for aircraft, increasing the market value and revenue influx into the market. For instance,

In July 2022, Textron Aviation's defense division was awarded a USD 90 million US Air Force contract modification to provide Tunisia with eight T-6C turboprops. In July 2022, the militarized version of the Cessna Citation Longitude featured an impressive 3,500 nautical mile (nm) range, along with a comprehensive suite of sensors specifically designed for security and law enforcement applications.

Consequently, the aircraft providers will witness a competitive advantage in terms of market penetration and market share.

Fixed Wing Turbine Aircraft Market Leaders

  1. Textron Aviation Inc.

  2. Embraer S.A.

  3. Bombarider Inc.

  4. Airbus SE

  5. The Boeing Company

  6. *Disclaimer: Major Players sorted in no particular order
Fixed Wing Turbine Aircraft Market Concentration
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Fixed Wing Turbine Aircraft Market News

  • May 2022: Bombardier unveiled the newest member of its industry-leading business jet portfolio with the introduction of the Global 8000 aircraft, the world's fastest and longest-range purpose-built business jet.
  • June 2022: Brazilian plane maker, Embraer SA, is exploring strategic partnerships globally, including in India, to build its first turboprop aircraft.

Fixed Wing Turbine Aircraft Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
  • 4.3 Market Restraints
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Threat of New Entrants
    • 4.4.2 Bargaining Power of Buyers/Consumers
    • 4.4.3 Bargaining Power of Suppliers
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 Aircraft Type
    • 5.1.1 Business Jets
    • 5.1.2 Military Aircraft
    • 5.1.3 Commercial Aircraft
  • 5.2 Application
    • 5.2.1 General Aviation
    • 5.2.2 Scheduled Air Transport
    • 5.2.3 Military Aviation
  • 5.3 Geography
    • 5.3.1 North America
    • 5.3.1.1 United States
    • 5.3.1.2 Canada
    • 5.3.2 Europe
    • 5.3.2.1 Germany
    • 5.3.2.2 United Kingdom
    • 5.3.2.3 France
    • 5.3.2.4 Russia
    • 5.3.2.5 Spain
    • 5.3.2.6 Rest of Europe
    • 5.3.3 Asia-Pacific
    • 5.3.3.1 India
    • 5.3.3.2 China
    • 5.3.3.3 Japan
    • 5.3.3.4 South Korea
    • 5.3.3.5 Rest of Asia-Pacific
    • 5.3.4 Latin America
    • 5.3.4.1 Mexico
    • 5.3.4.2 Brazil
    • 5.3.4.3 Rest of Latin America
    • 5.3.5 Middle East and Africa
    • 5.3.5.1 United Arab Emirates
    • 5.3.5.2 Saudi Arabia
    • 5.3.5.3 South Africa
    • 5.3.5.4 Rest of Middle East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Vendor Market Share**
  • 6.2 Company Profiles*
    • 6.2.1 Bombardier Inc.
    • 6.2.2 Embraer S.A.
    • 6.2.3 Airbus SE
    • 6.2.4 Textron Aviation
    • 6.2.5 Pilatus Aircraft Ltd.
    • 6.2.6 Dassault Falcon Jet Corp.
    • 6.2.7 Gulfstream Aerospace Corporation
    • 6.2.8 The Boeing Company
    • 6.2.9 De Havilland Aircraft of Canada

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Fixed Wing Turbine Aircraft Industry Segmentation

Fixed-wing turbine-powered aircraft means an aircraft that is powered by turbine engines and wings that are permanently attached to the fuselage of the aircraft.

The fixed-wing turbine-powered market is segmented by aircraft type, application, and geography. By aircraft type, the market is segmented into business jets, military aircraft, and commercial aircraft. By application, the market is segmented into general aviation, scheduled air transport, and military aviation. By geography, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. 

The report offers market size and forecast in terms of value in USD billion for all the above segments.

Aircraft Type Business Jets
Military Aircraft
Commercial Aircraft
Application General Aviation
Scheduled Air Transport
Military Aviation
Geography North America United States
Canada
Geography Europe Germany
United Kingdom
France
Russia
Spain
Rest of Europe
Geography Asia-Pacific India
China
Japan
South Korea
Rest of Asia-Pacific
Geography Latin America Mexico
Brazil
Rest of Latin America
Geography Middle East and Africa United Arab Emirates
Saudi Arabia
South Africa
Rest of Middle East and Africa
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Fixed Wing Turbine Aircraft Market Research FAQs

What is the current Fixed Wing Turbine Aircraft Market size?

The Fixed Wing Turbine Aircraft Market is projected to register a CAGR of 5.2% during the forecast period (2025-2030)

Who are the key players in Fixed Wing Turbine Aircraft Market?

Textron Aviation Inc., Embraer S.A., Bombarider Inc., Airbus SE and The Boeing Company are the major companies operating in the Fixed Wing Turbine Aircraft Market.

Which is the fastest growing region in Fixed Wing Turbine Aircraft Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Fixed Wing Turbine Aircraft Market?

In 2025, the Asia-Pacific accounts for the largest market share in Fixed Wing Turbine Aircraft Market.

What years does this Fixed Wing Turbine Aircraft Market cover?

The report covers the Fixed Wing Turbine Aircraft Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Fixed Wing Turbine Aircraft Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Fixed Wing Turbine Aircraft Industry Report

Statistics for the 2025 Fixed Wing Turbine Aircraft market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Fixed Wing Turbine Aircraft analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.