Market Overview:
The global aviation consulting service market is expected to grow from USD 2.02 Billion in 2018 to USD 3.06 Billion by 2030, at a CAGR of 5.5% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for air travel, rising number of aircraft orders, and growing need for airport modernization and expansion projects across the globe. The investment assessment & auditing segment is expected to hold the largest share of the global aviation consulting service market in 2018.
Product Definition:
Aviation Consulting Service is a professional service that provides expert advice and support to the aviation industry. It can help with issues such as safety, operations, regulatory compliance, and airport management. The importance of Aviation Consulting Service is that it can help businesses improve their efficiency and reduce costs.
Investment Assessment & Auditing:
Investment assessment and auditing is a process of evaluating the aviation investment projects such as aircraft purchase/sale, expansion, modernization, etc. The IAA service providers perform an audit of the aviation company’s books to prepare financial statements for external reporting purposes.
Permitting & Compliance:
Permitting & compliance is the process of obtaining required governmental approvals and licenses for construction, operations, and maintenance of airports. Permits & compliance are also used in aviation consulting service to ensure that airport operators comply with international standards regarding air traffic control (ATC) procedures.
The aviation industry has witnessed significant growth over the past few years due to increased passenger traffic coupled with expansion activities at various airports across the globe.
Application Insights:
Airport was the dominant segment in 2017 and accounted for a revenue share of more than 60%. The growth can be attributed to the rapid expansion of airports across the globe. For instance, as per Airports Council International Europe (ACI Europe), there were 5,068 airports in operation worldwide and with an estimated capacity to handle 98% of passenger traffic by 2030. Furthermore, according to ACI Americas, at present around 446 billion passengers are served annually which is expected to grow at an estimated rate of 6.5% over the forecast period thus driving demand for aviation consulting services globally.
The aerospace segment is anticipated to witness significant growth over the forecast period owing to increasing investments by companies such as Airbus SE & narrow-body manufacturer; Boeing Co., L-3 Communications and others in R&D activities relatedto aircraft development along with maintenance services catered by contractors such as United Technologies Corporation among others.
Regional Analysis:
The North American regional market dominated the global aviation consulting service industry in 2016 and accounted for over 38% of the total revenue share. The growth can be attributed to a rise in demand for efficient management of airport infrastructure coupled with stringent government regulations. The Asia Pacific region is expected to witness significant growth over the forecast period owing to increasing investments by governments as well as private players in developing new airports and expanding existing ones, thereby creating ample opportunities for vendors operating within this sector.
Moreover, rising air passenger traffic has resulted in an increased need for development of new airports across various countries such as China, India, Thailand among others which will further boost market growth during the forecast period. Furthermore, growing trade relations between Asia Pacific and Europe have led to an increase in flights connecting these regions which has also contributed significantly towards industry expansion over past few years.
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. This growth is primarily driven by the increasing number of passengers travelling for both business and leisure purposes.
- Proliferation of low-cost carriers: The proliferation of low-cost carriers (LCCs) has led to an increase in the number of affordable air travel options, thereby driving passenger demand. LCCs accounted for more than 50% of the global aviation market in 2016 and are expected to grow at a CAGR of 9% from 2016 to 2021.
- Development of new airports and expansion/upgradation of existing airports: There is a significant investment being made in airport development across the globe, which is expected to drive growth in the aviation consulting services market over the next few years. For instance, Dubai Airport plans to invest USD 7 billion in its expansion project by 2020 while Beijing Capital International Airport plans to invest USD 11 billion between 2017 and 2025). In addition, many existing airports are also undergoing modernization/expansion projects in order cater increased traffic volumes efficiently.
Scope Of The Report
Report Attributes
Report Details
Report Title
Aviation Consulting Service Market Research Report
By Type
Investment Assessment & Auditing, Permitting & Compliance, Project & Information Management, Monitoring & Testing, Other
By Application
Airport, Aerospace
By Companies
ACS, WSP, Black & Veatch, Ramboll Group, IATA, Alton Aviation Consultancy, ATPCO, Baines Simmons, The Aviation Consulting Group, Mott MacDonald, Ricondo, ICF, Emerald Aviation, AeroLogistix
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
150
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Aviation Consulting Service Market Report Segments:
The global Aviation Consulting Service market is segmented on the basis of:
Types
Investment Assessment & Auditing, Permitting & Compliance, Project & Information Management, Monitoring & Testing, Other
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
Airport, Aerospace
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:
- ACS
- WSP
- Black & Veatch
- Ramboll Group
- IATA
- Alton Aviation Consultancy
- ATPCO
- Baines Simmons
- The Aviation Consulting Group
- Mott MacDonald
- Ricondo
- ICF
- Emerald Aviation
- AeroLogistix
Highlights of The Aviation Consulting 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:
- Investment Assessment & Auditing
- Permitting & Compliance
- Project & Information Management
- Monitoring & Testing
- Other
- By Application:
- Airport
- Aerospace
- 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 Aviation Consulting 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.
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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?
Aviation Consulting Service is a company that provides aviation consulting services. These services include providing advice on aircraft design, development, and operation; conducting safety audits of aircraft operations; and providing other aviation-related consulting services.
Some of the key players operating in the aviation consulting service market are ACS, WSP, Black & Veatch, Ramboll Group, IATA, Alton Aviation Consultancy, ATPCO, Baines Simmons, The Aviation Consulting Group, Mott MacDonald, Ricondo, ICF, Emerald Aviation, AeroLogistix.
The aviation consulting 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 Aviation Consulting 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 Aviation Consulting Service Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aviation Consulting 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 Aviation Consulting 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 Aviation Consulting Service Market Size & Forecast, 2018-2028
4.5.1 Aviation Consulting Service Market Size and Y-o-Y Growth
4.5.2 Aviation Consulting Service Market Absolute $ Opportunity
Chapter 5 Global Aviation Consulting 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 Aviation Consulting Service Market Size Forecast by Type
5.2.1 Investment Assessment & Auditing
5.2.2 Permitting & Compliance
5.2.3 Project & Information Management
5.2.4 Monitoring & Testing
5.2.5 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aviation Consulting 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 Aviation Consulting Service Market Size Forecast by Applications
6.2.1 Airport
6.2.2 Aerospace
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aviation Consulting 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 Aviation Consulting 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 Aviation Consulting Service Analysis and Forecast
9.1 Introduction
9.2 North America Aviation Consulting 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 Aviation Consulting Service Market Size Forecast by Type
9.6.1 Investment Assessment & Auditing
9.6.2 Permitting & Compliance
9.6.3 Project & Information Management
9.6.4 Monitoring & Testing
9.6.5 Other
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 Aviation Consulting Service Market Size Forecast by Applications
9.10.1 Airport
9.10.2 Aerospace
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 Aviation Consulting Service Analysis and Forecast
10.1 Introduction
10.2 Europe Aviation Consulting 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 Aviation Consulting Service Market Size Forecast by Type
10.6.1 Investment Assessment & Auditing
10.6.2 Permitting & Compliance
10.6.3 Project & Information Management
10.6.4 Monitoring & Testing
10.6.5 Other
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 Aviation Consulting Service Market Size Forecast by Applications
10.10.1 Airport
10.10.2 Aerospace
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 Aviation Consulting Service Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aviation Consulting 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 Aviation Consulting Service Market Size Forecast by Type
11.6.1 Investment Assessment & Auditing
11.6.2 Permitting & Compliance
11.6.3 Project & Information Management
11.6.4 Monitoring & Testing
11.6.5 Other
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 Aviation Consulting Service Market Size Forecast by Applications
11.10.1 Airport
11.10.2 Aerospace
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 Aviation Consulting Service Analysis and Forecast
12.1 Introduction
12.2 Latin America Aviation Consulting 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 Aviation Consulting Service Market Size Forecast by Type
12.6.1 Investment Assessment & Auditing
12.6.2 Permitting & Compliance
12.6.3 Project & Information Management
12.6.4 Monitoring & Testing
12.6.5 Other
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 Aviation Consulting Service Market Size Forecast by Applications
12.10.1 Airport
12.10.2 Aerospace
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) Aviation Consulting Service Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aviation Consulting 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) Aviation Consulting Service Market Size Forecast by Type
13.6.1 Investment Assessment & Auditing
13.6.2 Permitting & Compliance
13.6.3 Project & Information Management
13.6.4 Monitoring & Testing
13.6.5 Other
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) Aviation Consulting Service Market Size Forecast by Applications
13.10.1 Airport
13.10.2 Aerospace
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 Aviation Consulting Service Market: Competitive Dashboard
14.2 Global Aviation Consulting Service Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ACS
14.3.2 WSP
14.3.3 Black & Veatch
14.3.4 Ramboll Group
14.3.5 IATA
14.3.6 Alton Aviation Consultancy
14.3.7 ATPCO
14.3.8 Baines Simmons
14.3.9 The Aviation Consulting Group
14.3.10 Mott MacDonald
14.3.11 Ricondo
14.3.12 ICF
14.3.13 Emerald Aviation
14.3.14 AeroLogistix
