Globalization of aircraft manufacturing: New markets, new players

Fast-growing markets, fierce competition

There are strong signs that in the next decade, the commercial aviation industry may not only have many more jets and air travelers—but also more industry players. China is on an aggressive course to build a world-class commercial aviation manufacturing base. Mexico continues as an important supplier to the North American industry. Cross-border partnerships further enmesh global players.

Looking into the next couple of decades, forecasts for growth in new markets drastically alter today’s world mapping of commercial aviation—not only in sheer air traffic demand, but also the geographies where fleets will be needed to satisfy that demand. And perhaps most important, which companies will supply the new aircraft? In Boeing’s latest outlook, the world will see demand for 35,280 new jet aircraft from 2013–2032 at a value of $4.8 trillion, with single-aisle aircraft accounting for most of that demand.

Check out how economies rank in PwC’s Global aviation manufacturing attractiveness index in our main report.

Roughly 2 out 3 of the world’s new commercial planes will be single-aisle, with wide bodies making up only 1 out of every 5.  The Asia-Pacific is expected to be the hottest global market for commercial aircraft in the next two decades, with demand for nearly 13,000 new commercial aircraft.  In 2012, Asia Pacific had 30% of the world’s air traffic—edging out both North America and Europe. The greatest growth in air traffic occurred in the Middle East, which saw about 13% more travelers in the region compared to 2011.