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General Aviation Market Trend Survey 2021 with Top Countries Data Research Reports, Industry Size, In-Depth Qualitative Insights, Explosive Growth Opportunity, Regional Analysis | With Covid 19 Analysis

General360 Market Updates adds Global General Aviation Market 2021 report that offers an exhaustive coverage of the industry with brief analysis, data charts, figures, statistics that help take business decisions, company profiles and more. General Aviation Market provides AN in-depth statement on the key influencing factors, market statistics in terms of revenues, segment-wise knowledge, region-wise knowledge, and country-wise knowledge are offered within the full study. COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets.

Global “General Aviation Market” Report 2021 studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors, and Porter’s Five Forces Analysis. Also, General Aviation Market is predicted to grow at a CAGR of 0.72 during the forecast period. And report provides a complete market overview, a list of top manufactures, the scope of the report, key market trends of the General Aviation market, and the main aspect of the report- why do you have to buy this research report? So don’t miss it.

The report gives – Who are the global key players in this keyword market? What are their company profile, product information, and contact information?  What Was the Global Market Status of General Aviation Market? What Was Capacity, Production Value, Cost and PROFIT of General Aviation Market?

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General Aviation Market Overview 2021:

The global general aviation market is valued at USD 21.1 billion in 2017, and is estimated to register a CAGR of 0.72% during the forecast period. The scope of the present market study includes all aviation other than military and scheduled commercial airlines. General aviation covers a broad range of activities, both commercial and non-commercial, including sports aircraft, flying clubs, flight training, agricultural aviation, and light aircraft manufacturing amongst others.

General aviation forms a considerable component of any national airspace and airport system. As a result, insight into general aviation industry is relevant to issues in air traffic management, air transportation infrastructure, and aviation safety, among others. Beyond the operational aspect, general aviation is of significance to society, as a whole and other stakeholders, including pilot groups, aircraft manufacturers, and the workforce.

The performance of general aviation industry is measured using various parameters, such as active pilots, new airplane deliveries, number of airports, etc. The market is influenced by several factors, such as the health of global economy, technology disruption, the price of avgas, and jet fuels, regulatory standards, etc. Increasing number of passengers using the chartered jet, travel, and tourism are some of the drivers identified in the current market.

Trends

In 2016, there were more than 416,000 general aviation aircraft in the worldwide fleet, ranging from small training aircraft and helicopters to intercontinental business jets. About 210,000 of these, or half the market share is occupied by the US. However, deliveries of general aviation aircraft are still way below their 2007 peak levels, both worldwide, and in the U.S., because the price per aircraft has doubled. Business jet deliveries were strongest in the North American market occupying 2/3rd of the market share, with an increase in market share compared to 2015. The worldwide business aircraft fleet continued to grow in 2016. At the end of the year, JETNET, LLC, showed that the turbine fleet consisted of 36,674 airplanes and 21,225 rotorcraft.

The share of turboprop shipments in North America increased slightly, in 2016, compared to the prior year, 57.8% compared to 56.2%. The second largest market share for turboprop airplane shipments in 2016 was the Asia-Pacific region at 13.2%. Piston-engine aircraft are the most frequently sold general aviation aircraft worldwide followed by business jets and turboprops. In 2016, of the 2,262 aircraft delivered worldwide, 1,019 (45%) were piston-powered, 661 (29%) were jets, and 582 (26%) were turboprops. Experimental airplanes are growing in popularity and make up an increasingly large part of the GA fleet. They are increasingly becoming more sophisticated and packed with advanced technology that is driving the market in many cases.

The number of active experimental airplanes increased to 27,922 in 2015 from 26,191 in 2014. In 2016, the US Federal Aviation Administration (FAA) selected two unleaded aviation fuels, developed by Shell and Swift Fuels, for testing as part of its effort to qualify and deploy unleaded aviation gasoline to replace the 100 low-lead avgas currently used in the piston aircraft fleet. Successful transition from leaded to unleaded avgas will mean the continued safety and utility of the fleet, and a reduced environmental impact. This becomes more important in the context of the recent adoption of Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) framework, which aims to adopt carbon neutral growth from 2021 onwards.

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Top Key-players/Leading Manufacturers of General Aviation Market:

  • ATR Aircraft
  • Textron Aviation Inc.
  • Airbus
  • Boeing
  • Embraer S.A
  • Bombardier Inc.
  • Pilatus Aircraft
  • One Aviation Corporation
  • Gulfstream
  • Cirrus Aircraft
  • Lockheed Martin
  • Dassault Aviation

With tables and figures helping analyze the worldwide Global General Aviation market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

The Global General Aviation market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed.

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Key Developments in the General Aviation Market:

  • January 2018: Embraer and Wide roe, which is the largest airline in Scandinavia for the E190-E2 aircraft, agreed on a Flight Hour Pool programme for the new E2 aircraft. The agreement shall contain more than 300 key notable components for the airlines E190-E2 fleet
  • January 2018: World Leading Turboprop manufacturer ATR announced that they will be adding a brand new Full Flight Simulator to its training center in Toulouse, France, which will help the crew members of the company to receive training on the ATR 72-600
  • September 2017: One Aviation reported flying an aerodynamic, proof-of-concept wing intended for its in-development Eclipse EA700 very light jet (VLJ). The structure was attached to a modified EA500, with the registration N990NE

    This General Aviation Market Research/analysis Report Contains Answers to your following Questions

    • What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for General Aviation Industry?
    • What Was the Global Market Status of General Aviation Market? What Was Capacity, Production Value, Cost, and PROFIT of General Aviation Market?
    • What Are Projections of Global General Aviation Industry Considering Capacity, Production, and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply, and Consumption? What about Import and Export?
    • What Is General Aviation Market Chain Analysis by Upstream Raw Materials and Downstream Industry?

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    • What Is Economic Impact On General Aviation Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
    • Which Manufacturing Technology is used for General Aviation? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
    • Who Are the Global Key Players in This General Aviation Market? What are Their Company Profile, Their Product Information, and Contact Information?
    • What Is the Current Market Status of the General Aviation Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of General Aviation Market by Taking Applications and Types in Consideration?
    • What Are Market Dynamics of General Aviation Market? What Are Challenges and Opportunities?

    Reasons to Purchase General Aviation Market Report:

    • The report analyses how stringent emission control norms will drive the global General Aviation market.
    • Analyzing various perspectives of the market with the help of Porter’s five forces analysis.
    • Study on the product type that is expected to dominate the market.
    • Study on the regions that are expected to witness the fastest growth during the forecast period.
    • Identify the latest developments, market shares, and strategies employed by the major General Aviation market players.
    • 3 months’ analyst support along with the Market Estimate sheet (in excel).

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