Market Overview:
The global aircraft management service market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for aircraft management services from private owners and aircraft manufacturers. Additionally, the growing number of business and operational audits is also contributing to the growth of this market. The global aircraft management service market can be segmented by type, application, and region. By type, the market can be divided into technical evaluations, business and operational audits, and aircraft trades. The technical evaluations segment is expected to grow at a CAGR of 6% during the forecast period owing to an increase in demand for these services from private owners as well as aircraft manufacturers. By application, the private owner segment is projected to account for majority share of revenue in 2018 followed by Aircraft Manufacturer segments respectively during forecast period .
Product Definition:
The management of an aircraft comprises the planning, organizing, directing and controlling of its activities. The management service is responsible for providing the necessary resources to ensure that the aircraft is operated in a safe and efficient manner. This may include such services as hangarage, fuelling, ground handling and air traffic control.
Technical and Market Evaluations:
Technical and market evaluations is a service in Aircraft Management that provides technical evaluation of aircraft, based on certain parameters entered by the user. It also provides market evaluation for similar type aircrafts. The service helps to choose best possible option among several alternatives available in the market according to user requirements.
Technological advancement has led to development of several innovative solutions such as SaaS (Software as a Service) and PaaS (Platform as a Software).
Business and Operational Audits:
Business and operational audits are used by aircraft management service providers to ensure compliance with regulations, policies, and standards. These audits help the service provider to determine areas of improvement in order to improve customer satisfaction level. It also helps them understand the effectiveness of their processes which further helps them develop an effective strategy for future business development.
2) What is Business.
Application Insights:
The private owner application segment accounted for the largest revenue share in 2016 and is expected to continue its dominance over the forecast period. The growth can be attributed to factors such as growing preference for aircraft ownership among high-net-worth individuals, increasing disposable income, and rising demand for air travel services.
Aircraft manufacturer is estimated to be the fastest growing application segment from 2017 to 2030 owing to factors such as an increase in production rates of commercial aircraft by major manufacturers including Airbus, Boeing, and ATR; rise in order cancellation rate due to economic slowdown post 2008; rise in air traffic resulting into higher utilization of Aircraft Management Services (AMS);and favorable government regulations that support manufacturing activities.
Demand from other applications includes business aviation and military aviation which accounts for a smaller market share on account of various regulatory constraints imposed on these sectors.
Regional Analysis:
North America dominated the global aircraft management services market in 2016 and is expected to continue its dominance over the forecast period. The presence of a large number of aircraft owners, coupled with stringent regulations regarding maintenance activities, has contributed to this dominance. In addition, an increase in airline operations due to low fares and surge in travel demand is anticipated to drive growth across North America.
Asia Pacific is expected to be one of the fastest-growing regions during the forecast period owing to increasing air traffic congestion issues at major airports across countries such as India and China. This has led governments across these countries towards privatization for improving airport infrastructure efficiency.
Growth Factors:
- Increasing demand for air travel: The global air travel market is expected to grow at a CAGR of 6.4% from 2016 to 2021, reaching a total value of 7.8 billion by 2021. This growth is being driven by the increasing number of passengers travelling by air, rising disposable incomes in emerging markets, and the development of new airports and aviation infrastructure.
- Growing fleet size: The global aircraft fleet size is expected to grow at a CAGR of 5% from 2016 to 2021, reaching 41,030 aircraft by 2021. This growth is being driven by the increasing demand for air travel, rising disposable incomes in emerging markets, and the development of new airports and aviation infrastructure.
- Proliferation of low-cost carriers: The proliferation of low-cost carriers (LCCs) is driving down average fares and stimulating demand for air travel worldwide. LCCs accounted for 31% share of global airline traffic in 2016 and are projected to account for 45% share by 2036 .This presents opportunities for aircraft management service providers as they can offer their services at lower costs than full-service airlines due to their leaner operations structures .
- . Development Of New Aircraft Technologies: Aircraft manufacturers are investing heavily in developing new technologies that will improve fuel efficiency and reduce emissions levels across the entire aircraft lifecycle .This presents opportunities for aircraft management service providers as they can help operators adopt these new technologies more quickly into their fleets ,
Scope Of The Report
Report Attributes
Report Details
Report Title
Aircraft Management Service Market Research Report
By Type
Technical and Market Evaluations, Business and Operational Audits, Aircraft Trades
By Application
Private Owner, Aircraft Manufacturer
By Companies
Luxaviation, Jet Aviation, TMC Jets, Delta Private Jets, Deer Jet, Corporate Flight Management, Gama Aviation, BAA, TAG Aviation, Executive Jet Management, Royal Jet, AMS
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
151
Number of Tables & Figures
106
Customization Available
Yes, the report can be customized as per your need.
Global Aircraft Management Service Market Report Segments:
The global Aircraft Management Service market is segmented on the basis of:
Types
Technical and Market Evaluations, Business and Operational Audits, Aircraft Trades
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Private Owner, Aircraft Manufacturer
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Luxaviation
- Jet Aviation
- TMC Jets
- Delta Private Jets
- Deer Jet
- Corporate Flight Management
- Gama Aviation
- BAA
- TAG Aviation
- Executive Jet Management
- Royal Jet
- AMS
Highlights of The Aircraft Management Service Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Technical and Market Evaluations
- Business and Operational Audits
- Aircraft Trades
- By Application:
- Private Owner
- Aircraft Manufacturer
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aircraft Management Service Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aircraft management service is a type of air travel that allows customers to book and manage their flights online. This service can be used by individuals, businesses, or organizations who need to fly frequently.
Some of the key players operating in the aircraft management service market are Luxaviation, Jet Aviation, TMC Jets, Delta Private Jets, Deer Jet, Corporate Flight Management, Gama Aviation, BAA, TAG Aviation, Executive Jet Management, Royal Jet, AMS.
The aircraft management service market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aircraft Management Service Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aircraft Management Service Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aircraft Management Service Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aircraft Management Service Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aircraft Management Service Market Size & Forecast, 2018-2028
4.5.1 Aircraft Management Service Market Size and Y-o-Y Growth
4.5.2 Aircraft Management Service Market Absolute $ Opportunity
Chapter 5 Global Aircraft Management Service Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Aircraft Management Service Market Size Forecast by Type
5.2.1 Technical and Market Evaluations
5.2.2 Business and Operational Audits
5.2.3 Aircraft Trades
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aircraft Management Service Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Aircraft Management Service Market Size Forecast by Applications
6.2.1 Private Owner
6.2.2 Aircraft Manufacturer
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aircraft Management Service Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aircraft Management Service Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Aircraft Management Service Analysis and Forecast
9.1 Introduction
9.2 North America Aircraft Management Service Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Aircraft Management Service Market Size Forecast by Type
9.6.1 Technical and Market Evaluations
9.6.2 Business and Operational Audits
9.6.3 Aircraft Trades
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Aircraft Management Service Market Size Forecast by Applications
9.10.1 Private Owner
9.10.2 Aircraft Manufacturer
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Aircraft Management Service Analysis and Forecast
10.1 Introduction
10.2 Europe Aircraft Management Service Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Aircraft Management Service Market Size Forecast by Type
10.6.1 Technical and Market Evaluations
10.6.2 Business and Operational Audits
10.6.3 Aircraft Trades
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Aircraft Management Service Market Size Forecast by Applications
10.10.1 Private Owner
10.10.2 Aircraft Manufacturer
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Aircraft Management Service Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aircraft Management Service Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Aircraft Management Service Market Size Forecast by Type
11.6.1 Technical and Market Evaluations
11.6.2 Business and Operational Audits
11.6.3 Aircraft Trades
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Aircraft Management Service Market Size Forecast by Applications
11.10.1 Private Owner
11.10.2 Aircraft Manufacturer
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Aircraft Management Service Analysis and Forecast
12.1 Introduction
12.2 Latin America Aircraft Management Service Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Aircraft Management Service Market Size Forecast by Type
12.6.1 Technical and Market Evaluations
12.6.2 Business and Operational Audits
12.6.3 Aircraft Trades
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Aircraft Management Service Market Size Forecast by Applications
12.10.1 Private Owner
12.10.2 Aircraft Manufacturer
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Aircraft Management Service Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aircraft Management Service Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Aircraft Management Service Market Size Forecast by Type
13.6.1 Technical and Market Evaluations
13.6.2 Business and Operational Audits
13.6.3 Aircraft Trades
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Aircraft Management Service Market Size Forecast by Applications
13.10.1 Private Owner
13.10.2 Aircraft Manufacturer
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aircraft Management Service Market: Competitive Dashboard
14.2 Global Aircraft Management Service Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Luxaviation
14.3.2 Jet Aviation
14.3.3 TMC Jets
14.3.4 Delta Private Jets
14.3.5 Deer Jet
14.3.6 Corporate Flight Management
14.3.7 Gama Aviation
14.3.8 BAA
14.3.9 TAG Aviation
14.3.10 Executive Jet Management
14.3.11 Royal Jet
14.3.12 AMS
