Global General Aviation Market to Reach US$ 34.5 Billion by 2032, Propelled by Rising Air Travelling Activities

May 01, 2023 | Aerospace and Defense

According to the latest report by IMARC Group, titled "General Aviation Market Report by Product (Helicopters, Piston Fixed-wing Aircraft, Turboprop Aircraft, Business Jet), Application (Commercial, Non-Commercial), and Region 2024-2032," the global general aviation market size reached US$ 26.0 Billion in 2023. General aviation (GA) refers to all civil aviation operations other than any scheduled air services and non-scheduled air transport operations for hire or remuneration. It comprises a wide range of activities, such as pilot training, business aviation, agriculture crop spraying, monitoring ground traffic movements from the air, law enforcement, firefighting, aerial photography, and flight demonstrations. It also consists of emergency medical services, which are required for transporting severely ill or injured individuals and delivering transplant organs, medical equipment, and medicines to healthcare facilities. It operates with helicopters, piston fixed-wing, gliders, business jets, and turboprops. It also provides individuals with ultimate convenience and allows them to completely control a charter flight and determine when to depart and arrive at the designated destination. Furthermore, it is used in aerial survey work, news gathering, civil search and rescue activities, and air tours. 


Global General Aviation Market Trends:

At present, the increasing demand for GA, as it is convenient and offers spontaneous services, represents one of the primary factors influencing the market positively. Besides this, the rising interest of millennials in aircraft piloting as their career is propelling the growth of the market. In addition, the growing travel activities of individuals to explore new destinations and spend holidays, along with the thriving tourism industry around the world, is offering a favorable market outlook. Apart from this, the increasing adoption of chartered flights by corporate companies for traveling and attending cross-border meetings and operational sessions with other business personnel is contributing to the growth of the market. Additionally, the rising interest of individuals to indulge in various fun and exciting recreational activities, such as paragliding, ballooning, parachuting, air shows, and hang gliding, is supporting the growth of the market. Moreover, the increasing demand for GA among very important persons (VIPs) across the globe is bolstering the growth of the market. On account of the aforementioned factors, the market is anticipated to reach a value of US$ 34.5 Billion by 2032, exhibiting a CAGR of 3.1% during 2024-2032.


Market Summary:

  • On the basis of the product, the market has been segmented into helicopters, piston fixed-wing aircraft, turboprop aircraft, and business jet. Presently, piston fixed-wing aircraft represents the largest segment in the market.
  • Based on the application, the market has been bifurcated into commercial and non-commercial.
  • Region-wise, the market has been divided into North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others); Europe (the United Kingdom, Germany, France, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others) and the Middle East and Africa. Amongst these, North America (the United States and Canada) enjoys the leading position in the market.
  • The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market. Some of the key players include 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.

Report Scope:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Product, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered 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
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.


Contact Us:

IMARC Group
134 N 4th St.
Brooklyn, NY 11249, USA
Email: Sales@imarcgroup.com
Americas:- +1 631 791 1145 | Africa and Europe :- +44-753-713-2163 | Asia: +91-120-433-0800

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Global General Aviation Market to Reach US$ 34.5 Billion by 2032, Propelled by Rising Air Travelling Activities
Purchase options




Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Get in Touch With Us
UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-713-2163

Email: sales@imarcgroup.com

Client Testimonials

Aktive Services

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

Read More
Greenfish S.A.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

Read More
Colruyt Group

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Read More
KRISHAK BHARTI CO-OP LTD

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

Read More
Zee Media Corp. Ltd.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Read More
Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

Read More
Sumitomo Corporation

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

Read More
Hameln Rds

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

Read More
Quality Consultants BV

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

Read More
TATA Advanced Systems Limited

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

Read More
Stax

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

Read More