The global narrow-body aircraft market is expected to reach the market value of around US$ 180 Bn by 2026 and is anticipated to grow at a CAGR of around 3.6% in terms of revenue during the forecasting period 2019 – 2026. In terms of volume (consumption) the market is expected to grow at CAGR of around 3.3% during the forecast period.
An aircraft with a narrow body is an airliner set up along a single all-way, enabling a cabin with up to 6 seats below the width of 4 metres. In comparison, the large-body aircraft has been designed to provide at least seven abreast seating and frequently more class transport. It generally has numerous aisles and a fuselages diameter of more than 5 meters (16 feet). The Boeing 757–300 offers the largest sitting ability of a narrow-body aircraft which can accommodate around 295 passengers, while the wide body planes are able to accommodate up to 250 to 600 passengers. A number of corporate airliners are also employing narrow body aircrafts, such as the Airbus A318, the Boeing BBJ.
The report provides analysis of global narrow-body aircraft market for the period 2015-2026, wherein 2019 to 2026 is the forecast period and 2018 is considered as the base year.
Market Segmentation
In the type segment the six-abreast cabin segment will dominate the narrow-body aircraft market. Reduced boarding and de-boarding time which is enough to allow for more utilization in a short range is key aspect that lead six-abreast cabin compared to other cabins. The B737 and A320 are the preferred form for significant aircraft carriers. The development of this segment is anticipated to drive increasing tourism activity worldwide as well as the strategy of service suppliers to provide better services with low operating costs.
Five-Abreast cabin aircraft generally has capacity of 85-130 passengers. Providers of services generally seek simple passenger services with a high ability. Quick urbanization and industrialization of the periphery and government approaches are leading to a growing demand for five-abreast cabin aircraft. This will drive the segment's development in the near future.
Four-abreast cabin aircraft usually has the carrying capacity of 44-80 passengers. Rising disposable income among consumers and increasing domestic air traffic in countries such as India and China is resulting in growing demand for four-abreast cabin aircraft.
The carry-on capability of three- abreast cabin aircraft is generally 24-45. The development of infrastructure for air transport in nations like Nigeria, Egypt, and South Africa etc., combined with implementation of a regional interconnecting program in the Asia-Pacific region is leading to an increase in air traffic across that region.
Two-abreast cabin aircraft usually has the carrying capacity of 14-19 passengers. Rising preference for air transport among consumers in developing countries, growing domestic air traffic is resulting in adoption of two-abreast cabin aircraft that is fuel efficient and is able to fly multiple times are the major factor expected to drive the segment growth.
Regional Stance
Rising consumer preference for air travel for domestic and international purpose in order to save time along with approach towards adoption of easy, reliable, and fast mode air transport is resulting in growing demand for narrow-body aircraft in North America. Low cost fairs, easy mode of transportation and rising preference for small carrier plans are some major factors expected to drive the growth of the target market in China. Rising tourism activities in the countries in this region, availability of low cost airlines, increasing government expenditure on development of air transportation facilities are some major factors expected to drive the growth of the Europe market. Whereas in Japan, rising demand for aircraft with improved design that has enhanced capabilities in flight, various technical and operational characteristics, and is able to support intense air traffic. Besides, rising tourism activities in the countries, coupled with increasing government spending on facilitation of air transport facility, and presence of prominent players providing better quality service at low price are some major factors expected to drive the growth of the target market in Southeast Asia. Rapid urbanization in the country, flourishing airline industry, and increasing spending capacity of consumer on luxury transportation facilities are some major factors expected to drive the growth of the market in India. Moreover, increasing government spending on development of civil aircraft through upgrading the present carriers is another factor expected to support the growth.
- Popular Aircraft Snapshots
Product
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Description
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AIRBUS A320
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A new-generation single-aisle twin jet narrow-body aircraft. The aircraft's cabin is spacious and lightweight and extremely popular and silent.
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AIRBUS A321
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The A321 is an extended version of the famous A320 jet, known as a new generation narrowbodies twin jet for its quiet, contemporary, convenient cabin. Highly advisable.
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BOEING B737-800
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A single aisle two-engined aircraft that can carries up to 189 passengers and is perfect for medium-sized flights.
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BOEING B757-200
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A quiet, single-aisle twin engine appropriate for medium-haul flights. Always an excellent alternative.
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Report coverage
The market research study on “Narrow-body Aircraft Market (By Type: Six-abreast Cabin, Five-abreast Cabin, Four-abreast Cabin, Three-abreast Cabin, Two-abreast Cabin; By Application: Self-Support, Aircraft Lease) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026” offers a detailed insights on the global narrow-body aircraft market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report covers global narrow-body aircraft market size in terms of value and volume, and segment markets by type, application, and geography along with the information on companies operating in the market. The narrow-body aircraft market analysis is provided for major regional markets including North America, China, Europe, Japan, Southeast Asia, India, and Rest of World. For each region, the market size for different segments has been covered under the scope of report.
The global narrow-body aircraft market is segmented as below:
Market Segmentation
Narrow-body Aircraft Market By Type
- Six-abreast Cabin
- Five-abreast Cabin
- Four-abreast Cabin
- Three-abreast Cabin
- Two-abreast Cabin
Narrow-body Aircraft Market By Application
- Self-Support
- Aircraft Lease
Narrow-body Aircraft Market By Geography
- North America
- China
- Europe
- Japan
- Southeast Asia
- India
- Rest of World
Key Players
Major players include in this report are Boeing, Airbus S.A.S., Bombardier, Embraer S.A., Commercial Aircraft Corporation of China, Ltd., IRKUT CORPORATION, Tupolev.
Table Of Content
Chapter 1. Narrow-body Aircraft Market Overview
1.1 Product Overview and Scope of Narrow-body Aircraft
1.2 Narrow-body Aircraft Segment by Types
1.2.1 Global Narrow-body Aircraft Revenue (US$ Bn) and Growth Rate (%) Comparison by Types (2018-2026)
1.2.2 Global Narrow-body Aircraft Revenue Market Share (%) by Types in 2018
1.2.3 Six-abreast Cabin
1.2.4 Five-abreast Cabin
1.2.5 Four-abreast Cabin
1.2.6 Three-abreast Cabin
1.2.7 Two-abreast Cabin
1.3 Global Narrow-body Aircraft Segment by Applications
1.3.1 Global Narrow-body Aircraft Revenue (US$ Bn) Comparison by Applications (2015-2026)
1.3.2 Self-Support
1.3.3 Aircraft Lease
1.4 Global Narrow-body Aircraft Market by Regions (2018-2026)
1.4.1 Global Narrow-body Aircraft Market Size and Growth Rate (%) Comparison by Regions (2018-2026)
1.4.2 North America Narrow-body Aircraft Status and Prospect (2015-2026)
1.4.3 China Narrow-body Aircraft Status and Prospect (2015-2026)
1.4.4 Europe Narrow-body Aircraft Status and Prospect (2015-2026)
1.4.5 Japan Narrow-body Aircraft Status and Prospect (2015-2026)
1.4.6 Southeast Asia Narrow-body Aircraft Status and Prospect (2015-2026)
1.4.7 India Narrow-body Aircraft Status and Prospect (2015-2026)
1.4.8 ROW Narrow-body Aircraft Status and Prospect (2015-2026)
1.5 Global Narrow-body Aircraft Market Size (2015-2026)
1.5.1 Global Narrow-body Aircraft Revenue (US$ Bn) Status and Outlook (2015-2026)
1.5.2 Global Narrow-body Aircraft Capacity, Production (Unit) Status and Outlook (2015-2026)
Chapter 2. Global Narrow-body Aircraft Market Competition by Manufacturers
2.1 Global Narrow-body Aircraft Production, Capacity and Share by Manufacturers (2015-2018)
2.1.1 Global Narrow-body Aircraft Production (Unit) and Share (%) by Manufacturers (2015-2018)
2.1.2 Global Narrow-body Aircraft Capacity (Unit) and Share (%) by Manufacturers (2015-2018)
2.2 Global Narrow-body Aircraft Revenue (Million USD) and Share (%) by Manufacturers (2015-2018)
2.3 Global Narrow-body Aircraft Average Price (US$ Mn/Unit) by Manufacturers (2015-2018)
2.4 Manufacturers Narrow-body Aircraft Manufacturing Base Distribution, Sales Area, Product Types
2.5 Narrow-body Aircraft Market Competitive Situation and Trends
2.5.1 Narrow-body Aircraft Market Share (%) of Top 3 and Top 5 Manufacturers
Chapter 3. Global Narrow-body Aircraft Production by Regions (2015-2018)
3.1 Global Narrow-body Aircraft Capacity (Unit) and Market Share (%) by Regions (2015-2018)
3.2 Global Narrow-body Aircraft Production (Unit) and Market Share (%) by Regions (2015-2018)
3.3 Global Narrow-body Aircraft Revenue and Market Share (%) by Regions (2015-2018)
3.4 Global Narrow-body Aircraft Capacity, Production (Unit), Revenue (US$ Bn), Price (US$/Unit) (2015-2018)
3.5 North America Narrow-body Aircraft Production (2015-2018)
3.5.1 North America Narrow-body Aircraft Production (Unit) and Growth Rate (%) (2015-2018)
3.5.2 North America Narrow-body Aircraft Capacity, Production (Unit), Revenue (US$ Bn), Price (US$/Unit) (2015-2018)
3.6 China Narrow-body Aircraft Production (2015-2018)
3.6.1 China Narrow-body Aircraft Production (Unit) (2015-2018)
3.6.2 China Narrow-body Aircraft Capacity, Production (Unit), Revenue (US$ Bn), Price (US$/Unit) (2015-2018)
3.7 Europe Narrow-body Aircraft Production (2015-2018)
3.7.1 Europe Narrow-body Aircraft Production (Unit) (2015-2018)
3.7.2 Europe Narrow-body Aircraft Capacity, Production (Unit), Revenue (US$ Bn), Price (US$/Unit) (2015-2018)
3.8 Japan Narrow-body Aircraft Production (2015-2018)
3.8.1 Japan Narrow-body Aircraft Capacity, Production (Unit), Revenue (US$ Bn), Price (US$/Unit) (2015-2018)
3.9 Southeast Asia Narrow-body Aircraft Production (2015-2018)
3.9.1 Southeast Asia Narrow-body Aircraft Capacity, Production (Unit), Revenue (US$ Bn), Price (US$/Unit) (2015-2018)
3.10 India Narrow-body Aircraft Production (2015-2018)
3.10.1 India Narrow-body Aircraft Capacity, Production (Unit), Revenue (US$ Bn), Price (US$/Unit) (2015-2018)
3.11 Rest of the World Narrow-body Aircraft Production (2015-2018)
3.11.1 Rest of the World Narrow-body Aircraft Production (Unit) (2015-2018)
3.11.2 Rest of the World Narrow-body Aircraft Capacity, Production (Unit), Revenue (US$ Bn), Price (US$/Unit) (2015-2018)
Chapter 4. Global Narrow-body Aircraft Consumption (Sales) (Unit) by Regions (2015-2018)
4.1 Global Narrow-body Aircraft Consumption (Sales) (Unit) by Regions (2015-2018)
4.2 North America Narrow-body Aircraft Consumption (Sales) (Unit) (2015-2018)
4.3 China Narrow-body Aircraft Consumption (Sales) (Unit) (2015-2018)
4.4 Europe Narrow-body Aircraft Consumption (Sales) (Unit) (2015-2018)
4.5 Japan Narrow-body Aircraft Consumption (Sales) (Unit) (2015-2018)
4.6 Southeast Asia Narrow-body Aircraft Consumption (Sales) (Unit) (2015-2018)
4.7 India Narrow-body Aircraft Consumption (Sales) (Unit) (2015-2018)
4.8 Rest of the World Narrow-body Aircraft Consumption (Sales) (Unit) (2015-2018)
Chapter 5. Global Narrow-body Aircraft Production, Revenue, Price Trend by Types
5.1 Global Narrow-body Aircraft Production (Unit) and Market Share (%) by Types (2015-2018)
5.2 Global Narrow-body Aircraft Revenue (US$ Bn) and Market Share (%) by Types (2015-2018)
5.3 Global Narrow-body Aircraft Price (US$/Unit) by Type (2015-2018)
5.4 Global Narrow-body Aircraft Production Growth (%) by Type (2015-2018)
Chapter 6. Global Narrow-body Aircraft Market Analysis by Applications
6.1 Global Narrow-body Aircraft Consumption (Sales) (Unit) and Market Share (%) by Applications (2015-2018)
6.2 Global Narrow-body Aircraft Consumption (Sales) Growth Rate by Applications (2015-2018)
Chapter 7. Global Narrow-body Aircraft Manufacturers Profiles/Analysis
7.1 Boeing
7.1.1 Company Basic Information, Manufacturing Base, Sales Area and Its Headquarters
7.1.2 Narrow-body Aircraft Product Category, and Specification
7.1.3 Boeing Narrow-body Aircraft Capacity, Production (Unit), Revenue (US$ Mn), Price (USD Mn/Unit) (2015-2018)
7.1.4 Main Business/Business Overview
7.2 Airbus S.A.S.
7.2.1 Company Basic Information, Manufacturing Base, Sales Area and Its Headquarters
7.2.2 Narrow-body Aircraft Product Category, and Specification
7.2.3 Airbus S.A.S. Narrow-body Aircraft Capacity, Production (Unit), Revenue (US$ Mn), Price (USD Mn/Unit) (2015-2018)
7.2.4 Main Business/Business Overview
7.3 Bombardier
7.3.1 Company Basic Information, Manufacturing Base, Sales Area and Its Headquarters
7.3.2 Narrow-body Aircraft Product Category, and Specification
7.3.3 Bombardier Narrow-body Aircraft Capacity, Production (Unit), Revenue (US$ Mn), Price (USD Mn/Unit) (2015-2018)
7.3.4 Main Business/Business Overview
7.4 Embraer S.A.
7.4.1 Company Basic Information, Manufacturing Base, Sales Area and Its Headquarters
7.4.2 Narrow-body Aircraft Product Category, and Specification
7.4.3 Embraer S.A. Narrow-body Aircraft Capacity, Production (Unit), Revenue (US$ Mn), Price (USD Mn/Unit) and Gross Margin (%) (2015-2018)
7.4.4 Main Business/Business Overview
7.5 Commercial Aircraft Corporation of China, Ltd.
7.5.1 Company Basic Information, Manufacturing Base, Sales Area and Its Headquarters
7.5.2 Narrow-body Aircraft Product Category, and Specification
7.5.3 Commercial Aircraft Corporation of China,Ltd. Narrow-body Aircraft Capacity, Production (Unit), Revenue (US$ Mn), Price (USD Mn/Unit) and Gross Margin (%) (2015-2018)
7.5.4 Main Business/Business Overview
7.6 IRKUT CORPORATION
7.6.1 Company Basic Information, Manufacturing Base, Sales Area and Its Headquarters
7.6.2 Narrow-body Aircraft Product Category, and Specification
7.6.3 Commercial Aircraft Corporation of China,Ltd. Narrow-body Aircraft Capacity, Production (Unit), Revenue (US$ Mn), Price (USD Mn/Unit) (2015- 2018)
7.6.4 Main Business/Business Overview
7.7 Tupolev
7.7.1 Company Basic Information, Manufacturing Base, Sales Area and Its Headquarters
7.7.2 Narrow-body Aircraft Product Category, and Specification
7.7.3 Tupolev Narrow-body Aircraft Capacity, Production (Unit), Revenue (US$ Mn), Price (USD Mn/Unit) (2015-2018)
7.7.4 Main Business/Business Overview
Chapter 8. Narrow-body Aircraft Manufacturing Cost Analysis
8.1 Narrow-body Aircraft Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Price Trend of Key Raw Materials
8.1.3 Key Suppliers of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.2.1 Raw Materials
8.2.2 Labor Cost
8.2.3 Manufacturing Expenses
Chapter 9. Marketing Strategy Analysis, Distributors/Traders
9.1 Narrow-body Aircraft Industrial Chain Analysis
9.2 Upstream Raw Materials Sourcing
9.3 Raw Materials Sources of Narrow-body Aircraft Major Manufacturers in 2018
9.4 Downstream Buyers
Chapter 10. Marketing Strategy Analysis
10.1 Marketing Channel
10.1.1 Direct Marketing
10.1.2 Marketing Channel Development Trend
10.2 Market Positioning
10.2.1 Pricing Strategy
10.2.2 Brand Strategy
Chapter 11. Market Effect Factors Analysis
11.1 Technology Progress/Risk
11.1.1 Substitutes Threat
11.1.2 Technology Progress in Related Industry
11.2 Consumer Needs/Customer Preference Change
11.3 Economic/Political Environmental Change
Chapter 12. Global Narrow-body Aircraft Market Forecast (2019-2026)
12.1 Global Narrow-body Aircraft Capacity, Production, Revenue Forecast (2019-2026)
12.1.1 Global Narrow-body Aircraft Capacity, Production (Unit) Forecast (2019-2026)
12.1.2 Global Narrow-body Aircraft Revenue (US$ Bn) and Growth Rate (%) Forecast (2019-2026)
12.1.3 Global Narrow-body Aircraft Price(US$/Unit) and Trend Forecast (2019-2026)
12.2 Global Narrow-body Aircraft Production (Unit) Forecast by Regions (2018-2026)
12.2.1 North America Narrow-body Aircraft Production (Unit) and Revenue (US$ Bn) Forecast (2019-2026)
12.2.2 China Narrow-body Aircraft Production (Unit), Revenue (US$ Bn) Forecast (2019-2026)
12.2.3 Europe Narrow-body Aircraft Production (Unit), Revenue (US$ Bn) Forecast (2019-2026)
12.2.4 Japan Narrow-body Aircraft Production (Unit), Revenue (US$ Bn) Forecast (2019-2026)
12.2.5 Southeast Asia Narrow-body Aircraft Production (Unit), Revenue (US$ Bn) Forecast (2019-2026)
12.2.6 India Narrow-body Aircraft Production (Unit), Revenue (US$ Bn) Forecast (2019-2026)
12.2.7 ROW Narrow-body Aircraft Production (Unit), Revenue (US$ Bn) Forecast (2019-2026)
12.3 Global Narrow-body Aircraft Consumption (Sales) (Unit) Forecast by Regions (2018-2026)
12.3.1 North America Narrow-body Aircraft Consumption (Sales) (Unit) Forecast (2019-2026)
12.3.2 China Narrow-body Aircraft Consumption (Sales) (Unit) Forecast (2019-2026)
12.3.3 Europe Narrow-body Aircraft Consumption (Sales) (Unit) Forecast (2019-2026)
12.3.4 Japan Narrow-body Aircraft Consumption (Sales) (Unit) Forecast (2019-2026)
12.3.5 Southeast Asia Narrow-body Aircraft Consumption (Sales) (Unit) Forecast (2019-2026)
12.3.6 India Narrow-body Aircraft Consumption (Sales) (Unit) Forecast (2019-2026)
12.3.7 ROW Narrow-body Aircraft Consumption (Sales) (Unit) Forecast (2019-2026)
12.4 Global Narrow-body Aircraft Production, Revenue and Price Forecast by Type (2018-2026)
12.5 Global Narrow-body Aircraft Consumption (Sales) Forecast by Application (2018-2026)
Chapter 13. Research Findings and Conclusion
Chapter 14. Methodology and Data Source
14.1 Methodology/Research Approach
14.1.1 Research Programs/Design
14.1.2 Market Size Estimation
14.1.3 Market Breakdown and Data Triangulation
14.2 Data Source
14.2.1 Secondary Sources
14.2.2 Primary Sources