Research and Markets has announced the addition of Commercial Aircraft Global Market Report 2020-30: COVID- 19 Impact and Recovery report to ResearchAndMarkets.com´s offering, the company said.
This report provides the strategists, marketers and senior management with the critical information they need to assess the global commercial aircraft market as it emerges from the Covid 19 shut down.
The global commercial aircraft market is expected to decline from USD 243.6 billion in 2019 to USD 236.8 billion in 2020 at a compound annual growth rate (CAGR) of -2.9%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 5% from 2021 and reach USD 269 billion in 2023.
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