In 2020, the regional jets market was worth around USD 9.40 billion. It is expected that this market will go through a significant expansion, with its value rising from USD 10.47 billion in 2021 to USD 16.58 billion in 2028. This growth is projected to happen at an average annual rate of 6.8% between 2021 and 2028. The sudden increase in this growth rate can be attributed to the growing demand and overall growth of the regional jet market, which is predicted to return to levels similar to those observed before the global pandemic.

𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐒𝐨𝐮𝐫𝐜𝐞:

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/regional-jet-market-106235

𝐒𝐨𝐦𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐊𝐞𝐲 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐂𝐨𝐯𝐞𝐫𝐞𝐝 𝐢𝐧 𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐉𝐞𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐚𝐫𝐞:

• Embraer (Brazil)
• Airbus (France)
• Leonardo Spa (Italy)
• Mitsubishi Heavy Industries (Japan)
• De Havilland Aircraft of Canada Ltd (Canada)
• Commercial Aircraft Corporation of China (China)
• United Aircraft Corporation (Russia)
• Antonov Company (Ukraine)

Regional jets, the workhorses of short-haul aviation, are undergoing a period of significant transformation. This report delves into the latest trends, technological advancements, and challenges shaping the regional jet landscape in 2024 and beyond.

Market Dynamics: A Shift in Focus

The traditional regional jet market, dominated by 50-100 seaters, is experiencing a contraction. Airlines are consolidating fleets and favoring larger, more fuel-efficient models like the Embraer E190-E2 and Airbus A220 series. This trend is driven by several factors:

• Pilot Shortage: The global pilot shortage puts pressure on airlines to optimize crew resources. Larger regional jets require fewer pilots per passenger compared to smaller models.
• Fuel Efficiency: As fuel costs remain a major operational expense, airlines prioritize aircraft with advanced turboprop technology or next-generation jet engines that offer significant fuel savings.
• Passenger Experience: Airlines are increasingly focused on improving passenger comfort. Larger regional jets offer amenities like wider seats, overhead bins, and improved lavatories, enhancing the travel experience.