The UK Aviation Market is segmented by Aircraft Type (Commercial Aviation, General Aviation, Military Aviation). Key Data Points observed include air passenger traffic, air transport freight, defense spending, military aircraft active fleet, revenue passenger kilometers, high-net worth individuals, and inflation rate.

The revenue in the 'Flights' segment of the shared mobility market in the United Kingdom was forecast to continuously increase between 2024 and 2029 by in total 7.7 billion U.S. dollars (+29.7 percent). After the ninth consecutive increasing year, the indicator is estimated to reach 33.62 billion U.S. dollars and therefore a new peak in 2029. Find other key market indicators concerning the number of users and user penetration. The Statista Market Insights cover a broad range of additional markets.

The share of adults who had not flown because of travel costs in the United Kingdom from 2016 to 2023 had decreased in recent years between 2016 and 2021. This share has been increasing again and in October 2024, 38 percent of respondents reported that they were unable to fly due to travel costs.

Since 2010, the figure has been gradually increasing again but declined again amid the COVID-19 pandemic, dropping to around 64,400 employees in 2021. However, this figure rebounded and reached 79,199 employees in 2022.

In 2023, the registered airlines in the United Kingdom employed some 88,587 workers. Thies was the highest number of workforce registered in

The UK Military Aviation Market is segmented by Sub Aircraft Type (Fixed-Wing Aircraft, Rotorcraft). Key Data Points observed include air passenger traffic, air transport freight, defense spending, military aircraft active fleet, revenue passenger kilometers, high-net worth individuals, and inflation rate.

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Aviation Market Size 2024-2028

The aviation market size is forecast to increase by USD 636.7 billion at a CAGR of 8.09% between 2023 and 2028.

The market is witnessing significant growth due to several key trends. The increasing efficiency of commercial airlines is driving market growth, as carriers seek to reduce operational costs and enhance passenger experience. Another trend is the shift toward the use of radio-frequency identification (RFID) technology in air cargo and maintenance operations, which improves supply chain management and reduces errors. 
However, the complexities arising from the rapid advancement of technology pose challenges to market growth. Additionally, the growing demand for business travel, especially in e-commerce and construction sectors, is fueling the market. The use of lightweight materials such as aluminum and rubber In the production of aircraft, including helicopters, piston engines, electric aircraft, and even fighter jets, is also contributing to market expansion.
The adoption of batteries, both lithium-ion and others, in various aviation applications, including electric aircraft and backup power systems, is another emerging trend. Overall, the market is poised for robust growth, driven by these trends and the evolving needs of various industries.

What will be the Size of the Aviation Market During the Forecast Period?

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The commercial the market encompasses various segments, including passenger aircraft, freighters, military aviation, general aviation, helicopters, piston fixed-wing aircraft, turboprop aircraft, and business jets. This dynamic industry is driven by increasing passenger traffic and the growing demand for air transportation services. According to Airports Council International, global passenger traffic surpassed 8.8 billion in 2019, reflecting a steady growth trend. 
Market participants include aircraft manufacturers, nodes, material suppliers, and third-party sales and distributors. Key materials used in aircraft production include steel, rubber, aluminum, and composite materials. The industry is undergoing significant transformation, with electrification and overhaul services gaining prominence. Private jet owners, government private airlines, business aircraft owners, and combat and non-combat aircraft operators continue to drive demand for new and used aircraft.
The market's size and direction remain positive, with ongoing advancements in technology and sustainability shaping its future.

How is this Aviation Industry segmented and which is the largest segment?

The aviation industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Type

  Commercial aviation
  Military aviation
  General aviation


Revenue Stream

  Passenger
  Freight


Geography

  APAC

    China
    India


  Europe

    Germany
    UK


  North America

    US


  Middle East and Africa



  South America

By Type Insights

The commercial aviation segment is estimated to witness significant growth during the forecast period. The commercial aviation sector withIn the global aviation industry is projected to experience substantial growth in terms of market revenue compared to other segments. Commercial aviation refers to the transportation of people or cargo between different locations. This segment consists of both general aviation and scheduled airline services. Key components of commercial aviation include the wings, power plants, fuselage, tail or empennage, and landing gear. Commercial aviation serves various purposes, such as tourism, passenger travel, business travel, and freight transportation. Factors contributing to its growth include the expanding disposable income of the middle class and the emergence of low-cost airline companies, leading to an increase in air passenger numbers and the demand for commercial aviation services.

Additionally, the air cargo market, which is a significant part of commercial aviation, is driven by e-commerce operations and the need for transporting medical supplies, cargo, and VIPs through charter operations. Commercial aircraft OEMs are focusing on delivering newer generation aircraft with improved fuel efficiency, which is a key trend In the industry. The aviation sector also includes military aviation, with spending on combat aircraft, non-combat aircraft, fixed-wing aircraft, and rotary-wing aircraft. The industry is undergoing electrification, with a focus on electric aircraft, electric motors, propellers, and electricity, as well as battery packs and carbon emission levels. Airports, private jet owners, government private airlines, business aircraft owners, and aircraft manufacturers are all integral parts of the aviation sector. The globa

Aviation emissions in the United Kingdom from domestic and international flights more than doubled between 1990 and 2019, to 36 million metric tons of carbon dioxide equivalent (MtCO₂e). The following year saw UK aviation emissions plummet roughly 57 percent due to travel restrictions brought on by the outbreak of COVID-19. The aviation industry continued to be impacted in 2021, with emissions declining further. Although a sharp rebound in emissions was observed in 2022 as restrictions eased, they remained below pre-pandemic levels.The UK government has outlined plans to cut aviation emissions in order to achieve the country's net zero emissions target by 2050.

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Artificial Intelligence In Aviation Market Size 2024-2028

The artificial intelligence (AI) in aviation market size is forecast to increase by USD 11.69 billion at a CAGR of 65.25% between 2023 and 2028.

The aviation industry is witnessing significant advancements with the integration of Artificial Intelligence (AI) technology. Virtual assistants are being increasingly used for quicker check-in processes and customer service, enhancing the overall travel experience. AI is also revolutionizing flight operations through dynamic pricing, which optimizes ticket pricing based on real-time demand and supply analysis. Furthermore, AI-powered computer vision is being employed for surveillance purposes, ensuring system efficiency and timely management of airport infrastructure.
However, the high cost of AI implementation, data privacy concerns, and a shortage of skilled tech workers pose challenges for the aviation industry. However, AI's potential to enhance training, data analysis, and operational efficiency makes it a crucial investment for future growth.

Artificial Intelligence In Aviation Market Analysis

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How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Component

  Software
  Hardware
  Service


Application

  Airline and airport operations
  Manufacturing and MRO activities


Geography

  North America

    US


  Europe

    Germany
    UK
    France


  APAC

    China


  South America



  Middle East and Africa

By Component Insights

The software segment is estimated to witness significant growth during the forecast period. Artificial Intelligence (AI) plays a pivotal role in the aerospace sector, particularly in the airline industry and airports. Cloud-based technologies facilitate the implementation of AI solutions, including machine learning, in various aviation applications. AI software streamlines operations in the aviation industry, with the software segment witnessing significant growth. In the airline industry, AI is utilized for flight planning and optimization, predictive maintenance, and air traffic management. Flight planning software uses AI algorithms to determine optimal flight routes, thereby reducing fuel consumption and improving flight efficiency. Predictive maintenance software analyzes aircraft data to anticipate maintenance requirements, thereby minimizing downtime and operational disruptions.

Additionally, air traffic management software optimizes air traffic flow, reducing congestion and enhancing airspace utilization. Moreover, AI-based chatbots offer customer service solutions, providing real-time support and streamlining passenger interactions. In the aviation industry, AI applications extend to crew management, where software assists in optimizing crew assignments and scheduling, ensuring operational smoothness. The machine learning segment is expected to dominate the AI market in aviation due to its ability to learn and adapt to new data, providing more accurate and efficient solutions. In conclusion, AI software is a vital driver of innovation and efficiency in the aviation industry, with applications ranging from flight planning and optimization to predictive maintenance, air traffic management, and customer service. The adoption of AI technologies is poised to revolutionize the aviation sector, enhancing operational efficiency and improving the passenger experience.

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The software segment was valued at USD 109.10 million in 2018 and showed a gradual increase during the forecast period.

Will North America become the largest contributor to the Artificial Intelligence In Aviation Market?

North America is estimated to contribute 45% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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In the aviation industry, North America led the global market for AI technologies in 2023, driven by the adoption of Internet of Things (IoT), big data, and factory automation. The aerospace sector's heightened reliance on data analytics and cloud-based applications further fueled this growth. In the US, airports employ AI remote security technology to enhance security, with plans to install six ROSA180 units for detecting and deterring unauthorized access to parking garages and secure areas. AI's role in aviation is expanding, with applications in areas such as baggage screening, passenger identification, maintenance, customer support,

United Kingdom based airlines transported 106 million passengers in 2023, up from approximately 106 million registered in the previous year. Over the period given, the passenger traffic peaked at 176.22 million in 2018, before decreasing significantly due to the coronavirus pandemic.

EasyJet: king of the skies EasyJet is the largest airline company based in the United Kingdom. In 2022, the low-cost carrier transported 33.12 million passengers in UK via its operating company EasyJet UK Ltd. EasyJet was founded in 1995 and has seen an astonishing market growth since then, overtaking the country’s flag carrier British Airways as the leading airline in 2022.

Air traffic worldwide Globally, the number of scheduled passengers is expected to reach 1.17 billion users by the end of 2027. After continuing its recovery from the COVID-19 pandemic in 2023, the sector is expected to continue growing between 5.5 and 4 percent annually between 2024 and 2027.

United Kingdom UK: Air Transport: Freight data was reported at 5,917.239 Ton-km mn in 2017. This records an increase from the previous number of 5,512.673 Ton-km mn for 2016. United Kingdom UK: Air Transport: Freight data is updated yearly, averaging 4,651.350 Ton-km mn from Dec 1970 (Median) to 2017, with 48 observations. The data reached an all-time high of 7,618.100 Ton-km mn in 1996 and a record low of 516.900 Ton-km mn in 1970. United Kingdom UK: Air Transport: Freight data remains active status in CEIC and is reported by World Bank. The data is categorized under World Trend Plus’s Association: Aviation Sector – Table UK.World Bank.WDI: Transportation. Air freight is the volume of freight, express, and diplomatic bags carried on each flight stage (operation of an aircraft from takeoff to its next landing), measured in metric tons times kilometers traveled.; ; International Civil Aviation Organization, Civil Aviation Statistics of the World and ICAO staff estimates.; Sum;

The Aircraft, Engine and Parts Manufacturing industry’s revenue is forecast to dip at a compound annual rate of 2.8% to £39.9 billion over the five years through 2024-25, including an estimated revenue jump of 0.4% in 2024-25. The industry has been swiftly recovering from the pandemic-induced decline in 2020-21. The industry is a major investment, research and development source for world production of aircraft. Orders for aircraft and aircraft equipment are typically placed years in advance, meaning deliveries are relatively stable and can curb economic headwinds. A big backlog of orders held by Airbus and Rolls Royce has aided deliveries and revenue for much of the period. Revenue plunged in 2020-21 due to the pandemic, leading to a standstill in global travel. Commercial airlines cancelled or deferred orders as most of their fleet was grounded. Airbus reported that deliveries fell to 566 in 2020, a figure that is notably lower than the 863 delivered in 2019. Revenue began bouncing back in 2021-22 as commercial orders recovered due to rising air passengers. Airbus recorded its most successful year ever in 2023, reporting 2,094 gross new orders for aircraft. Revenue is forecast to expand at a compound annual rate of 5.5% to £52.2 billion over the five years through 2029-30. Growing international competition is projected to squeeze profit. The ongoing Russia-Ukraine war and changing US policy in Europe are causing a sharp rise in defence spending in the continent over the coming years as European countries are enhancing their security and pursuing security independence from the US. Rejuvenated public spending on defence will drive revenue for Airbus, Rolls Royce and BAE Systems, major European defence contractors. Global air travel will continue to soar, generating aircraft maintenance and replacements orders. The development of greener jets will be at the forefront of aircraft making.

The aviation sector in the United Kingdom consumed around 11.09 million metric tons of oil equivalent aviation turbine fuel in 2022. This figure represents an increase from previous years, when the aviation sector was significantly impacted by travel restrictions imposed during the coronavirus pandemic.

Forecast: Aerospace Industry Imports in the UK 2024 - 2028 Discover more data with ReportLinker!

The Europe General Aviation Market is segmented by Sub Aircraft Type (Business Jets, Piston Fixed-Wing Aircraft, Others) and by Country (France, Germany, Italy, Netherlands, Russia, Spain, Turkey, UK). Key Data Points observed include air passenger traffic, air transport freight, defense spending, military aircraft active fleet, revenue passenger kilometers, high-net worth individuals, and inflation rate.

Forecast: Aerospace Industry Exports in the UK 2023 - 2027 Discover more data with ReportLinker!

Forecast: Aerospace Industry Export Market Share in the UK 2024 - 2028 Discover more data with ReportLinker!

Ge Aviation Uk is a private company with an estimated 48,000 employees. In the US, the company has a notable market share in at least one industry: Aircraft, Engine & Parts Manufacturing, where they account for an estimated 5.8% of total industry revenue.

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Used Aircraft Market Size 2025-2029

The used aircraft market size is forecast to increase by USD 1.82 billion at a CAGR of 7.6% between 2024 and 2029.

The market is experiencing significant growth due to several key trends. The rise of low-cost carriers is driving demand for used aircraft, particularly in emerging economies. Additionally, increasing demand from developing countries is contributing to market expansion. However, the market faces challenges, including the high cost of maintenance and operation for used aircraft. These factors are shaping the dynamics of the market, making it an intriguing space for investors and industry players alike. The market is a dynamic and complex sector within commercial aviation, involving various stakeholders such as aircraft brokers, leasing organizations, individual buyers, sellers, and both commercial operators and private citizens. The integration of AI, data analytics, and advanced technologies in aircraft systems, including engine control devices, flight management systems, and power distribution, is shaping the future of commercial aviation.
Furthermore, the growth In the number of low-cost carriers is leading to increased demand for used aircraft, particularly in developing countries. This trend is expected to continue, as these carriers seek to expand their fleets while keeping costs low. At the same time, the high cost of maintaining and operating used aircraft remains a significant challenge for market participants. Despite these challenges, the market is poised for growth, driven by increasing demand and innovative solutions to address the cost challenges.

What will be the Size of the Used Aircraft Market During the Forecast Period?

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This market encompasses a diverse range of aircraft types, including regional jets, airlines' fleets, and cargo aircraft In the form of freighters. Fuel efficiency and passenger traffic are key drivers In the market, with e-commerce and tourism contributing significantly to increased flight activity. Airline cash flows and economic conditions also play a significant role in shaping the market, influencing both aircraft orders and deliveries. Engine technology and system integrators continue to innovate, offering more fuel-efficient options and extended ranges for commercial aircraft.
Furthermore, commercial aviation's continued growth is further fueled by cross-border travelers and the increasing demand for air passenger traffic. Used aircraft are often sourced from original equipment manufacturers (OEMs) through various channels, including direct sales, brokers, and leasing organizations. The market's diversity and constant evolution make it an intriguing and exciting space for all involved, from individual buyers to large commercial operators.

How is this Used Aircraft Industry segmented and which is the largest segment?

The used aircraft industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Product

  0-15 years
  16-30 years
  More than 30 years


Application

  Civil aviation
  Military aviation
  Others


Geography

  North America

    Canada
    US


  Europe

    Germany
    UK
    France
    Italy


  APAC

    China
    Japan
    South Korea


  Middle East and Africa



  South America

By Product Insights

The 0-15 years segment is estimated to witness significant growth during the forecast period.

The market, encompassing aircraft aged 0 to 15 years, is poised for significant expansion during the forecast period. Economic growth in developing nations, particularly India and China, driven by industrialization, fuels this segment's growth. Demand for private jets and regional passenger aircraft is high In these regions, bolstering market growth. Aircraft aged between six and ten years are most frequently available for purchase within this age group. Initial buyers typically retain their aircraft for several years due to minimal maintenance costs, leading to fewer sales during the early years. Commercial operators, including airlines, leasing organizations, individual buyers, sellers, private citizens, and businesses In the passenger, cargo, and freight sectors, are key market participants. Fuel-efficient options, passenger traffic, e-commerce, and tourism are significant factors influencing market trends. Engine technology, system integrators, and commercial aviation regulations also play crucial roles. Aircraft maintenance, aviation industry growth, and economic conditions further impact market dynamics.

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The 0-15 years segment was valued at USD 1.47 billion in 2019 and showed a gradual increase during the f

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Commercial Airlines Market Size 2025-2029

The commercial airlines market size is forecast to increase by USD 430.2 billion at a CAGR of 8.7% between 2024 and 2029.

The global commercial airlines market is growing steadily, driven by rising demand for air travel, air cargo, and advancements in fuel-efficient aircraft technology. Consumer preferences are shifting toward affordable, flexible travel options, while innovations like next-generation planes are helping airlines meet stricter environmental standards and cut operational costs.
This report delivers a clear picture of the market, including its current size, growth forecasts through 2029, and key segments such as passenger airlines and low-cost carriers. It offers practical data for business applications—think strategic planning, customer outreach, or operational efficiency—with details on market value and regional performance. A key trend is the increasing adoption of sustainable aviation practices, though a persistent challenge lies in supply chain disruptions, particularly with aircraft parts and maintenance. For businesses looking to thrive in the global commercial airlines market, this report provides valuable insights to navigate sustainability trends and supply chain hurdles, ensuring smarter decisions in a competitive and evolving industry.

What will be the Size of the Commercial Airlines Market During the Forecast Period?

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The commercial aviation industry continues to evolve, with passenger aircraft being a significant segment. Among the various sub-aircraft types, narrowbody aircraft have gained considerable attention due to their fuel-efficiency and modern design. These aircraft cater to the product offerings of numerous airlines worldwide, enhancing connectivity and mobility. Aircraft OEMs are constantly improving their product offerings to cater to a wider segment of a booming market, including commercial aircraft passenger service units (PSU). Fuel-efficient narrowbody aircraft are the backbone of many airline industry business models. Manufacturers invest heavily in new aircraft technologies, including engine programs, to meet the growing demand for more sustainable and cost-effective solutions. 



Body type, fuselage, wings, cockpit, engine, tail assembly, and landing gear are essential components of passenger aircraft. Modern aircraft designs optimize these elements to improve fuel efficiency and reduce operational costs. Turbofan engines have become increasingly popular due to their high thrust-to-weight ratio and lower fuel consumption than propeller engines. Cargo transportation is another essential aspect of the commercial aviation industry. Commercial helicopters and gliders serve specific niches, providing unique solutions for transporting goods in challenging terrains and short-haul routes. Integrating these aircraft types into the broader aviation landscape offers a more comprehensive and interconnected transportation network.

How is the Commercial Airlines Market Segmented?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.Revenue StreamPassengerCargoTypeInternationalDomesticRange OutlookShort-haulMedium-haulLong-haulUltra-long haulFuel EfficiencyConventional Jet FuelBiofuelsElectric PropulsionHydrogen-poweredOperation ModelScheduled FlightsCharter FlightsWet LeasingBusiness ModelNetwork CarriersPoint-to-Point CarriersUltra-Low-Cost Carriers (ULCCs)GeographyAPACChinaIndiaJapanEuropeGermanyUKFranceItalyNorth AmericaCanadaUSMiddle East and AfricaEgyptSouth AmericaBrazilArgentina

By Revenue Stream Insights

The passenger segment is estimated to witness significant growth during the forecast period. The market experienced significant growth in passenger traffic in 2024, with approximately 4.6 billion air passengers passing through airports, marking a 28.3% increase. This expansion was primarily driven by the burgeoning air travel sector in emerging countries, particularly in the Asia Pacific region. In response, aircraft original equipment manufacturers (OEMs) have ramped up production to meet demand and fulfill scheduled deliveries. low-cost carriers (LCCs) are also modernizing their fleets to capitalize on new market opportunities.

However, controlling operating costs remains a significant challenge for commercial airline operators. The increasing number of air passengers is a primary factor fueling the procurement of new aircraft, as fleet expansion is essential to meet the growing demand. Infrastructure growth and rising per capita income in developing countries are also contributing factors to the market's expansion.

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The passenger

Forecast: Aerospace Industry Trade Balance in the UK 2022 - 2026 Discover more data with ReportLinker!