The number of civil general aircraft in China has shown a steady increase over the past decade, reaching 3.34 thousand units by 2023. Year-on-year growth has generally declined over this period, from high double-digit growth in the early 2010s to single digits in more recent years. The most recent year-on-year increase stands at 4.78% in 2023, with the five-year CAGR slowing to 5.98% by this year. Forecast data indicates continued growth to 4.03 thousand units by 2028, albeit at a more modest average annual growth rate of 2.97%, reflecting a maturing market.
Future Trends to Watch for:
- Enhanced regulatory frameworks to support general aviation.
- Technological advancements and increased adoption of electric aircraft.
- Expansion of infrastructure such as airports and air traffic management systems.
- Potential shifts in market dynamics due to emerging air taxi services and UAV (Unmanned Aerial Vehicle) applications.
