Commercial Aerospace

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Global Commercial Aerospace sector encompasses the design, manufacturing, and support of civil aircraft, including passenger and cargo jets, helicopters, engines, and avionics, as well as providing maintenance, repair, and overhaul (MRO) services. It is a highly cyclical, capital-intensive industry driven by global air travel demand, fleet modernization, and the expansion of emerging economies.

The Commercial Aerospace market is projected to experience strong growth, driven by the post-pandemic recovery and fleet expansion. The global aerospace market (which includes Commercial Aerospace) is expected to grow at a Compound Annual Growth Rate (CAGR) of around 7.18% from 2026 to 2035, reaching a projected revenue of approximately $762.7 billion by 2035. Specific to the commercial aircraft segment, one forecast projects a CAGR of 5.3% from 2024 to 2033.

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