C919 set to lead way as Chinese aircraft forecast to secure 5% of world market in 20 years

China's aircraft manufacturer Comac is expected to secure a 5% share of the global market by 2045, according to a forecast by aviation analytics firm Cirium. This growth is driven by strong demand for narrowbody jets and a significant domestic order book. Comac's rise is significant, as it will surpass Embraer's 3% and ATR's 2% market shares, but still trail behind industry leaders Airbus and Boeing, which are forecast to hold 47% and 39% of the market respectively.

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China's aircraft builder is expected to secure a significant share of the global market. This could lead to increased demand for Chinese aviation products and services.

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MeridStreet does not reproduce source articles. The summary and analysis above are generated by MeridStreet from public headlines and its own market model; the original reporting belongs to South China Morning Post. For information only — not financial advice.