Aviation
The global aviation market was valued at $762.8 billion in 2023, marking a 5% growth from 2022. The civil aviation sector is set for substantial growth, with projections indicating it will reach $1,631.25 billion by 2030.
India's aviation industry holds significant growth potential, driven by a growing middle class, rising disposable incomes, and a young population. The civil aviation sector in India has emerged as one of the fastest-growing industries, encompassing segments such as scheduled air transport (domestic and international airlines), non-scheduled air transport (charter and air taxi operators), and air cargo services (for cargo and mail transportation).
In terms of infrastructure, India has witnessed the establishment of new General Aviation terminals in cities such as Delhi, Mumbai, Ahmedabad, and Kochi. The country now operates a network of 149 airports, including 137 conventional airports, 2 water aerodromes, and 9 heliports. This includes 29 international airports, 92 domestic airports, and 10 customs airports, supporting the nation’s growing air connectivity.
India allows 100% foreign direct investment (FDI) in non-scheduled air transport services, helicopter services, and seaplanes, further enhancing the industry's growth prospects. The Maintenance, Repair, and Overhaul (MRO) industry in India is also expected to expand, growing from $800 million in 2018 to over $2.4 billion by 2028.
Why Choose EBS Consultancy for Aviation?
- Industry Expertise: Our team possesses extensive knowledge and experience in the aviation sector.
- Customized Solutions: We tailor our research to align with your unique needs and objectives.
- Data-Driven Insights: Our analyses are grounded in reliable data and sophisticated research methodologies.
- Strategic Guidance: We offer actionable recommendations to support you in achieving your business goals.
Aviation - $ 3.5 Trillion Global Industry
4.1%
Contribution to Global GDP
2000
Airlines Worldwide
3700
Airports Worldwide
23,000
Aircrafts Worldwide
Global Aviation Industry
The aviation sector supports millions of jobs both directly and indirectly. As of 2023, it directly employed over 11 million people, while the broader economic impact, including supply chains and tourism, supported around 87.7 million jobs globally.
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