General Aviation Market Report, Size, Industry Overview, Growth Rate and Forecast 2022-2027

General aviation market

SHERIDAN, WYOMING, USA, Nov. 17, 2022 /EINPresswire.com/ — IMARC Group’s latest research study “General Aviation Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” concludes that the global general aviation market size reached US$24.11 billion in 2021. Looking ahead, IMARC Group expects the market to reach US$30.09 billion by 2027, showing a growth rate (CAGR) of 3.60% over the period 2022-2027.

General aviation represents all flight operations other than military aircraft, commercial airlines and non-scheduled air transport services for remuneration or hire. It generally includes business jets, gliders, helicopters, fixed-wing piston aircraft and turboprops as standard aircraft. General aviation encompasses large-scale activities, such as cargo flights, civil search and rescue, medical evacuation, recreational flying, charter operations, flight training, crop spraying , etc. With this in mind, it offers increased efficiency, security, confidentiality, flexibility in travel, on-demand air transport services, etc. General aviation also helps to increase productivity, promote tourism, save lives, protect the environment, improve agricultural activities, assist law enforcement, and more.

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Note: We regularly track the direct effect of COVID-19 on the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.

General Aviation Market Trends and Drivers:

General aviation represents all flight operations other than military aircraft, commercial airlines and non-scheduled air transport services for remuneration or hire. It generally includes business jets, gliders, helicopters, fixed-wing piston aircraft and turboprops as standard aircraft. General aviation encompasses large-scale activities, such as cargo flights, civil search and rescue, medical evacuation, recreational flying, charter operations, flight training, crop spraying , etc. With this in mind, it offers increased efficiency, security, confidentiality, flexibility in travel, on-demand air transport services, etc. General aviation also helps to increase productivity, promote tourism, save lives, protect the environment, improve agricultural activities, assist law enforcement, and more.

Ask the analyst to customize and explore the full report with table of contents and list of figures: https://www.imarcgroup.com/general-aviation-market

General Aviation Market Analysis and Segmentation 2022-2027:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the major players operating in the market.

Airbus SE, Bombardier Inc., Dassault Aviation SA., Eclipse Aerospace Inc. (One Aviation Corporation), Honda Aircraft Company (Honda Motor Co. Ltd), Lockheed Martin, Pilatus Aircraft Ltd, Piper Aircraft Inc., Textron Aviation Inc. and The Boeing Company.

The report has segmented the market on the basis of product and application.

Breakdown by product:

• Helicopters
• Piston-powered fixed-wing aircraft
• Turboprop aircraft
• Business aircraft

Breakdown by application:

• Commercial
• Non-commercial

Breakdown by region:

• North America: (United States, Canada)
• Asia-Pacific: (China, Japan, India, South Korea, Australia, Indonesia, others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, others)
• Middle East and Africa

Main highlights of the report:

• Market performance (2016-2021)
• Market Outlook (2022-2027)
• Porter’s five forces analysis
• Market drivers and success factors
• SWOT analysis
• Value chain
• Complete mapping of the competitive landscape

If you need specific information that is not currently covered in the report, we can provide it to you as part of the customization.

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