South Korea Aviation Market Report by Aircraft Type (Commercial Aviation, General Aviation, Military Aviation), and Region 2024-2032

South Korea Aviation Market Report by Aircraft Type (Commercial Aviation, General Aviation, Military Aviation), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A17576
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Market Overview:

South Korea aviation market size is projected to exhibit a growth rate (CAGR) of 4.20% during 2024-2032. The growing number of business and leisure trips for travelling distant places quickly and efficiently, increasing investments in strengthening the defense system, and rising adoption of fuel-efficient aircraft and advanced avionics represent some of the key factors driving the market.

Report Attribute
Key Statistics
Base Year
Forecast Years
Historical Years
Market Growth Rate (2024-2032) 4.20%

Aviation refers to a dynamic field that encompasses a wide range of activities related to the design, development, operation, and maintenance of aircraft. It comprises fixed-wing aircraft and rotary-wing aircraft, such as helicopters, which are capable of vertical takeoff and landing. It consists of balloons, airships, gliders, and sailplanes that use rising air currents to stay aloft and are popular in recreational aviation. It also includes unmanned aerial vehicles (UAVs) like drones, which are used for surveillance, photography, and scientific research. It relies on engineers who work on aerodynamics, materials, propulsion, and avionics. It employs pilots who undergo rigorous training to operate various types of aircraft safely and are trained in navigation, weather interpretation, and emergency procedures. It also includes air traffic controllers who guide aircraft, prevent collisions, and manage airport operations. It depends on maintenance crews who are responsible for keeping aircraft in optimal condition, ensuring passenger safety and flight reliability. Aviation connects people and places across the globe, facilitating trade, tourism, and cultural exchange. It creates jobs, supports tourism, and drives technological innovation. It plays a critical role in disaster relief, enabling rapid response to emergencies and delivering aid to affected areas. It supports scientific research and space exploration and strengthens defense and security systems.

South Korea Aviation Market Trends:

At present, the increasing utilization of flights for business and leisure trips and travelling distant places quickly and efficiently represents one of the crucial factors impelling the growth of the market in South Korea. Besides this, the adoption of cutting-edge technologies, such as more fuel-efficient aircraft, advanced avionics, and the emergence of electric and hybrid propulsion systems are contributing to the market growth in the country. Additionally, the integration of artificial intelligence (AI), data analytics, and automation in various aspects of aviation operations, from air traffic management to maintenance procedures, is enhancing safety, efficiency, and cost-effectiveness. The need to reduce greenhouse gas emissions is leading to the development of cleaner aviation fuels and biofuels and adoption of carbon offset initiatives. Apart from this, the rise of urban air mobility and electric vertical takeoff and landing (eVTOL) aircraft is supporting the market growth. Additionally, mergers and acquisitions (M&As), as well as partnerships and alliances, enable airlines to enhance their reach, optimize route networks, and improve cost efficiency. Moreover, the ongoing need for stringent security measures due to the evolving threats is encouraging airline companies to invest in advanced security technologies and procedures. Furthermore, the increasing investments in strengthening the defense system by employing efficient fighter jets, transport planes, and helicopters are bolstering the market growth in the country.

South Korea Aviation Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on aircraft type.

Aircraft Type Insights:

  • Commercial Aviation 
    • Freighter Aircraft
    • Passenger Aircraft
      • Narrowbody Aircraft
      • Widebody Aircraft
  • General Aviation 
    • Business Jets
      • Large Jet
      • Light Jet
      • Mid-Size Jet 
    • Piston Fixed-Wing Aircraft
    • Others
  • Military Aviation 
    • Fixed-Wing Aircraft
      • Multi-Role Aircraft
      • Training Aircraft
      • Transport Aircraft
      • Others
    • Rotorcraft
      • Multi-Mission Helicopter
      • Transport Helicopter
      • Others

The report has provided a detailed breakup and analysis of the market based on the aircraft type. This includes commercial aviation [freighter aircraft and passenger aircraft (narrowbody aircraft and widebody aircraft)], general aviation [business jets (large jet, light jet, and mid-size jet), piston fixed-wing aircraft, and others)], and military aviation [fixed-wing aircraft (multi-role aircraft, training aircraft, transport aircraft, and others] and rotorcraft (multi-mission helicopter, transport helicopter, and others)].

Regional Insights:

  • Seoul Capital Area
  • Yeongnam (Southeastern Region)
  • Honam (Southwestern Region)
  • Hoseo (Central Region)
  • Others

The report has also provided a comprehensive analysis of all the major regional markets, which include Seoul Capital Area, Yeongnam (Southeastern Region), Honam (Southwestern Region), Hoseo (Central Region), and others.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the key players include:

  • Airbus SE
  • Dassault Aviation
  • Korea Aerospace Industries
  • Leonardo S.p.A
  • Lockheed Martin Corporation
  • The Boeing Company

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

South Korea Aviation Market Report Coverage:

Report Features Details
Base Year of the Analysis 2023
 Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Million
Scope of the Report Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
  • Aircraft Type
  • Region
Aircraft Types Covered
  • Commercial Aviation: Freighter Aircraft, Passenger Aircraft
  • General Aviation: Business Jets, Piston Fixed-Wing Aircraft, Others
  • Military Aviation: Fixed-Wing Aircraft, Rotorcraft
Regions Covered Seoul Capital Area, Yeongnam (Southeastern Region), Honam (Southwestern Region), Hoseo (Central Region), Others
Companies Covered Airbus SE, Dassault Aviation, Korea Aerospace Industries, Leonardo S.p.A, Lockheed Martin Corporation, The Boeing Company, etc. (Please note that this is only a partial list of the key players, and the complete list is provided in the report.)
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699
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)

Key Questions Answered in This Report:

  • How has the South Korea aviation market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the South Korea aviation market?
  • What is the breakup of the South Korea aviation market on the basis of aircraft type?
  • What are the various stages in the value chain of the South Korea aviation market? 
  • What are the key driving factors and challenges in the South Korea aviation?
  • What is the structure of the South Korea aviation market and who are the key players?
  • What is the degree of competition in the South Korea aviation market? 

Key Benefits for Stakeholders:

  • IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the South Korea aviation market from 2018-2032.
  • The research report provides the latest information on the market drivers, challenges, and opportunities in the South Korea aviation market.
  • Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the South Korea aviation industry and its attractiveness.
  • Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

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.
South Korea Aviation Market Report by Aircraft Type (Commercial Aviation, General Aviation, Military Aviation), and Region 2024-2032
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