Airbus projects aviation services market to exceed $420 bn by 2045

Airbus projects aviation services market to exceed $420 bn by 2045
Image: avweb.com

Written by AI from 4 reports listed below. Not checked by a person before publication. How we use AI

Airbus forecasts that global demand for aviation services will more than double by 2045, reaching over $420 billion annually, with the commercial fleet expanding to 45,550 aircraft and passenger traffic hitting 10 billion.

Market size

Airbus expects the total demand for aviation services to more than double from 2026, exceeding $420 billion annually by 2045.

Fleet and traffic

The forecast calls for the global commercial aircraft fleet to reach 45,550 aircraft by 2045 and for annual passenger traffic to double to 10 billion.

Workforce requirements

Meeting the projected demand will require an estimated 2.44 million additional aviation professionals, including 730,000 maintenance technicians, 660,000 pilots and 1.05 million cabin crew members.

Service segments

Off‑wing maintenance is projected to reach $217 billion, while digital services and connectivity are expected to grow 5.3% annually to $27 billion by 2045. Maintenance is expected to account for the largest share of the market.

Key regions

Europe, the Commonwealth of Independent States, North America and China are identified as the largest markets by total demand.

Analysed 4 reports from 3 publishers

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