Commercial Aircraft Market Worldwide Has Witnessed a Surge in Demand for New and Advanced Aircrafts
The Global Commercial Aircraft Market stood at US$189.2 bn in 2012 and is expected to reach US$265 bn towards the end of 2019, rising at a CAGR of 5.0% between 2013 and 2019. The study suggests that the global commercial aircraft market is mainly being driven by the increasing demand for single-aisle and narrow-body aircraft. Furthermore, the expanding projects in the commercial aircraft sector are also fueling the growth of this market.
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