Aviation Asset Management Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027, Segmented By Service Type (Leasing Services, Technical Services, Regulatory Certifications), By Type (Direct Purchase, Operating Lease, Finance Lease, Sale & Lease Back) , By End Use (Commercial Platforms, MRO Services), and By Region
Published Date: January - 2025 | Publisher: MIR | No of Pages: 280 | Industry: Aerospace and Defense | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationAviation Asset Management Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027, Segmented By Service Type (Leasing Services, Technical Services, Regulatory Certifications), By Type (Direct Purchase, Operating Lease, Finance Lease, Sale & Lease Back) , By End Use (Commercial Platforms, MRO Services), and By Region
The global aviation asset management market is anticipated to register an impressive CAGR in the forecast period, 2023-2027. The market is driven by the development of new aircraft models and a surge in the air passenger traffic owing to the changed preference of consumers to travel via air mode and the increased per capita income of consumers. Also, the development of retrofit & after markets and advancements in technology are expected to influence the growth of the global aviation asset management market in the forecast period.
Rise in Air Traffic Drives the Market Growth
According to the International Civil Aviation Organization (ICAO) data, passenger traffic and freight volume are expected to double by 2035. The growing popularity of the air transport modes among passengers is due to the increase in disposable income of the middle-class population and the comfort, convenience, and time-saving offered by the air travel mode of transportation. Also, the availability of low-cost airline tickets to popular tourist destinations across the world is attracting consumers to opt for air travel modes. The government of several countries is significantly investing in the development of the tourism industry and making the process of obtaining visas easier for international tourists.
The adoption of an aviation asset management system is considered beneficial for the aviation industry as it helps to lower the fixed and variable management costs and is highly effective. The market players also focus on improving their services by adopting intelligence and real-time analytical solutions to boost profits and reduce costs in crucial areas, including fraud detection, marketing, data management, and tracking. Therefore, a rise in the number of passengers willing to travel by using the air transportation modes and supportive government policies and regulations are expected to accelerate the growth of the global aviation asset management market over the next five years.
Ongoing Technological Advancements Supports the High Market Demand
Modern aviation consists of many parts that need to be properly managed to function properly. Aviation asset management service providers are making heavy investments in the technological advancement of the existing system and finding innovative solutions to improve the system's overall efficiency. The advent of novel technologies and developments in connected technologies is fueling the number of companies who can integrate their systems with the cloud, internet of things, data management tools, and predictive analysis technology to improve their performance. Also, to lower the disruptions and increase the security, the market players are adopting blockchain technology as it is highly secure. Blockchain technology can be used in several applications, including tokenization, smart contracts, certification, and digital IDs. The launch of better performing aviation asset management system by the players is expected to create new growth avenues for the market in the forecast period.
Market Segmentation
In terms of country, United States is anticipated to be a promising market owing to the increase in expenditure capacity and number of passengers willing to travel via air ways.
Market Players
AerCap Holdings N.V, Aviation Asset Management Inc, BBAM Aircraft Leasing & Management, Acumen Aviation, AerData (Boeing Company), GA Telesis, LLC, Skyworks Capital, LLC., Charles Taylor Aviation (Asset Management) Ltd., GE Capital Aviation Services (General Electric Company), Airbus Group, are the major market players operating in the global aviation asset management market.
|
Attribute |
Details |
|
Base Year |
2021 |
|
Historic Data |
2017 – 2020 |
|
Estimated Year |
2022 |
|
Forecast Period |
2023 – 2027 |
|
Quantitative Units |
Revenue in USD Million, and CAGR for 2017-2021
and 2022-2027 |
|
Report coverage |
Revenue forecast, company share, competitive landscape, growth
factors, and trends |
|
Segments covered |
·
Service Type ·
Type ·
End Use |
|
Regional scope |
North America; Asia Pacific; Europe & CIS; South America;
Middle East & Africa |
|
Country scope |
United States; Canada; Mexico; China,
India, Japan, Thailand, Indonesia, Australia, South Korea; Germany, France,
United Kingdom, Spain, Italy, Netherlands, Russia, Poland; Brazil, Argentina;
Saudi Arabia, Iran, Israel, UAE, Turkey |
|
Key companies profiled |
AerCap Holdings N.V, Aviation Asset Management Inc, BBAM
Aircraft Leasing & Management, Acumen Aviation, AerData (Boeing Company),
GA Telesis, LLC, Skyworks Capital, LLC., Charles Taylor Aviation (Asset
Management) Ltd., GE Capital Aviation Services (General Electric Company), Airbus
Group |
|
Customization scope |
10% free report customization with
purchase. Addition or alteration to country, regional & segment scope. |
|
Pricing and purchase options |
Avail customized purchase options to meet your exact research
needs. Explore purchase options |
|
Delivery Format |
PDF and Excel through Email (We can also provide the editable
version of the report in PPT/Word format on special request) |
FAQ'S
For a single, multi and corporate client license, the report will be available in PDF format. Sample report would be given you in excel format. For more questions please contact:
Within 24 to 48 hrs.
You can contact Sales team (sales@marketinsightsresearch.com) and they will direct you on email
You can order a report by selecting payment methods, which is bank wire or online payment through any Debit/Credit card, Razor pay or PayPal.
Discounts are available.
Hard Copy