2019 Europe Aviation Market 2024 Estimated Size, Share, Emerging Technologies, Professional Outlook, Regional Segmentation by Type and Applications

Europe Aviation

The “Europe Aviation Market” Report 2019-2024 has adopted a systematic way to evaluate the dynamics of the overall market. Europe Aviation Market reports offers detailed assessment of the Europe Aviation including enabling technologies, key trends, market drivers, challenges, market landscape, opportunities and competitor strategies.

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Market Overview:

  • The Europe aviation market is anticipated to register a CAGR of over 2.4% during the forecast period.
  • – Increasing air passenger traffic to and from Europe may generate demand for new aircraft, as airlines look to expand and modernize their fleet.
  • – Due to the increasing pressure from the current government in the United States for NATO members to achieve their defense expenditure target (2% of GDP), several countries in Europe plan to increase their defense budget allocation in the coming years. It is estimated that a major share of the allocation is expected to be for the development of future military combat jets.
  • – Growing preference of people opting for charter and private jets to reduce their travel time is driving the general aviation market in Europe.<li

    Europe Aviation Market Covers the Following Manufacturers:

  • Saab AB
  • Airbus SE
  • Pilatus Aircraft Ltd
  • Dassault Aviation SA
  • Leonardo SpA
  • Lockheed Martin Corporation
  • The Boeing Company
  • Bombardier Inc.
  • Textron Inc.
  • Daher

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    Key Market Trends:

    The General Aviation Segment is Expected to Register the Highest CAGR during the Forecast period

    General Aviation in Europe is anticipated to grow at a fast pace in the coming years, primarily due to the procurement of private aircraft and the growth of the charter services. Textron Inc., one of the prominent manufacturer of general aviation aircraft, over the past two years delivered ten Cessna Grand Caravan EX turboprop aircraft to Tuareg Aerobatics. The aircraft fleet is operated by Mack Air, as part of the charter, cargo, and logistics services provided to a network of independently owned bush safari lodges in the Okavango Delta and Kalahari regions in Botswana. In mid 2018, Textron Inc. delivered a Cessna Citation M2 and a Cessna Citation CJ3+ for Guernsey Air Operations in the Channel Islands. The deliveries indicate the growing demand for general aviation aircraft even in smaller islands. The ORTA°C operations team manages the aircraft on behalf of its clients and use the aircraft for international commercial charter. Bell, a part of Textron Inc., delivered the first two Bell 505 Jet Ranger X for a European customer. The 505 received its certification from the European Aviation Safety Agency earlier in November 2017. Recently, Wijet took delivery of its first HondaJet. The aircraft is operated across Europe for charter services. Wijet and Honda Aircraft signed a MoU in 2018 for the delivery of 16 HondaJets. With growing procurement and growth of air taxi services, the general aviation market is anticipated for steep growth in the coming years.

    France Held a Major Share in the Europe Aviation Market in 2018

    Airbus and Dassault Aviation, two of the major aircraft OEMs are based in France. This has attracted several tier-1 and tier-2 suppliers to establish their facilities in this country. France is among the leading countries in Europe that have a vertically developed Aerospace industry. Recently, Web Industries Inc., a US-based formatter of advanced materials, including high-performance composites used in the aerospace, defense, and industrial markets, acquired 100% of the shares of Omega Systèmes Atlantique and Omega Systèmes Aquitaine in France. The acquisition is a strategic move to expand its presence in France and to provide services and engineering to support aerospace customers’ demand for formatting and materials management services. In 2018, Airbus reached its production target of 10 aircraft per month for its A350 XWB program. KLM operates 12 Boeing 747-400 and plans to retire the fleet by 2021. Likewise, Air France operates six A340-300s and foresees a full retirement of the type by the end of 2020. Air France-KLM has 28 A350-900s on firm order. Growth is equally strong even in the French defense sector. For instance, in 2018, the French Defence Procurement Agency placed an order for three more Airbus A330 MRTT tankers for the French Air Force. It is a part of the multi-year contract signed by Airbus with the French Ministry of Defence for 12 A330 MRTTs in 2014. France and Germany also teamed up to build a new fighter jet that is expected to enter service by 2040. As per the agreement signed in 2018, France may lead the program and Germany may help to finance the project. Such developments are likely to help France to maintain its market dominance and compete with the United Kingdom and Germany during the forecast period.

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    Scope of the Report:

  • This report studies the global Europe Aviation market size, industry status and forecast, competition landscape and growth opportunity.

    Important Points Covered in Europe Aviation Market Report:

    • Europe Aviation market gives assessments for the regional level analysis with Production, Consumption, Imports, and Exports.
    • Europe Aviation market forecasts for a minimum of five years of all the mentioned segments.
    • Europe Aviation market shares drivers, constraints, opportunities, threats, challenges, investment opportunities.
    • Share constraints for the new entrants in Europe Aviation market
    • Include manufacturing process, suppliers, price, production and consumption analysis.

    This report covers the following questions:

    • What are the difficulties to showcase development?
    • What will the market estimate be in 2024 and what will the improvement rate be?
    • Who are the major key venders in this market space?
    • What are the drivers and opportunities of Europe Aviation market?

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    Europe Aviation Market Covers Following Points in TOC:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 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 Industry Attractiveness – 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 Type
    5.1.1 Commercial Aviation
    5.1.1.1 Passenger
    5.1.1.2 Freight
    5.1.2 Military Aviation
    5.1.2.1 Combat Aircraft
    5.1.2.2 Non-combat Aircraft
    5.1.3 General Aviation
    5.1.3.1 Helicopter
    5.1.3.2 Piston Fixed-wing Aircraft
    5.1.3.3 Turboprop Aircraft
    5.1.3.4 Business Jet
    5.2 Country
    5.2.1 UK
    5.2.1.1 Air Passenger Traffic (2015-2018)
    5.2.1.2 Airline Fleet Expansion and the Introduction of New Routes
    5.2.1.3 Defense Expenditure Analysis and the Military Aircraft Procurement
    5.2.1.4 Investments on Airport Infrastructure
    5.2.2 Germany
    5.2.2.1 Air Passenger Traffic (2015-2018)
    5.2.2.2 Airline Fleet Expansion and the Introduction of New Routes
    5.2.2.3 Defense Expenditure Analysis and the Military Aircraft Procurement
    5.2.2.4 Investments on Airport Infrastructure
    5.2.3 France
    5.2.3.1 Air Passenger Traffic (2015-2018)
    5.2.3.2 Airline Fleet Expansion and the Introduction of New Routes
    5.2.3.3 Defense Expenditure Analysis and the Military Aircraft Procurement
    5.2.3.4 Investments on Airport Infrastructure
    5.2.4 Italy
    5.2.4.1 Air Passenger Traffic (2015-2018)
    5.2.4.2 Airline Fleet Expansion and the Introduction of New Routes
    5.2.4.3 Defense Expenditure Analysis and the Military Aircraft Procurement
    5.2.4.4 Investments on Airport Infrastructure
    5.2.5 Rest of Europe
    5.2.5.1 Air Passenger Traffic (2015-2018)
    5.2.5.2 Airline Fleet Expansion and the Introduction of New Routes
    5.2.5.3 Defense Expenditure Analysis and the Military Aircraft Procurement
    5.2.5.4 Investments on Airport Infrastructure

    6 COMPETITIVE LANDSCAPE
    6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
    6.2 Vendor Market Share
    6.3 Strategies Adopted by Leading Players
    6.4 Company Profiles
    6.4.1 Saab AB
    6.4.2 Airbus SE
    6.4.3 Pilatus Aircraft Ltd
    6.4.4 Dassault Aviation SA
    6.4.5 Leonardo SpA
    6.4.6 Lockheed Martin Corporation
    6.4.7 The Boeing Company
    6.4.8 Bombardier Inc.
    6.4.9 Textron Inc.
    6.4.10 Daher*

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

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