Market Share of Europe Aviation Industry
The European aviation market is consolidated, as few players hold significant amounts of shares. Airbus SE, Boeing, Lockheed Martin Corporation, Leonardo S.p.A., and Dassault Aviation SA are some of the major players in this region. Airbus dominates the market in Europe in commercial and military aviation.
The aircraft industry is expected to see innovations getting implemented in aircraft design, which is expected to change the landscape of safety, comfort, and efficiency for both passengers and aircraft manufacturers. Companies are looking forward to grabbing the opportunities offered by the new technological innovations, increasing their respective market shares. Multiple countries are partnering to develop new military aircraft models, which is expected to bolster the prospects of the local players in those countries.
For instance, Germany, France, and Spain are involved in the development of a next-generation fighter jet named Future Combat Air System (FCAS). Such programs are expected to drive the growth of the local players in these countries during the forecast period.
Europe Aviation Market Leaders
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Lockheed Martin Corporation
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Dassault Aviation
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The Boeing Company
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Airbus SE
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Leonardo S.p.A.
*Disclaimer: Major Players sorted in no particular order
