All updated as on -
With a CAGR of 5.9% between 2022 and 2030, the value of the global aviation asset management market is projected to reach $288.38 billion by that year. As the aviation sector continues to develop and flourish, the Global Aviation Asset Management Market is predicted to increase rapidly in the next years. Market expansion and new prospects will be fueled by rising consumer interest in cost-effective asset management solutions and by developments in related technologies.
Reasons Why
Air travel demand has increased due to factors including a larger global population, stronger economies, and more people entering the middle class. Because of this, airlines have increased their fleet sizes to better serve their customers. Therefore, effective asset management systems are required to maximise the value, utility, and efficiency of these planes. Incorporating cutting-edge technology like the IoT, AI, and big data analytics has completely reworked the aviation industry's approach to asset management. These innovations allow for predictive maintenance and data-driven decision making in addition to real-time monitoring of aircraft performance. The aviation industry as a whole may benefit from increased efficiency, less downtime, and better utilisation of assets by leveraging these new technologies. Significant prospects for aviation asset management exist as the aviation industry grows in emerging economies. Aircraft leasing, fleet management, and technical consultancy services are in high demand as these sectors expand. There is a growing need for effective asset management solutions in these areas because of airport development, the advent of low-cost carriers, and the liberalisation of air transport policy.
Limiting Circumstances
Significant initial investments are needed for successful aircraft asset management technologies to be implemented. The investment required to acquire and deploy cutting-edge technology like Internet of Things (IoT) sensors, data analytics systems, and artificial intelligence (AI) platforms can be considerable. This preliminary investment may function as a barrier to entrance or hamper the capacity to adopt comprehensive asset management practises for smaller airlines or lessors with low financial resources. Regulations and compliance standards in the aviation business are extremely high. Maintaining compliance with these rules and the ever-evolving safety and upkeep benchmarks can be difficult. Regulatory frameworks might vary from one jurisdiction to the next, thus it is up to asset managers to make sure their processes and procedures are compliant. It can take a lot of effort and time to figure out the rules and regulations that apply to your situation.
The Global Aviation Asset Management Market is a dynamic industry that seeks to maximise the use, durability, and worth of aviation's physical resources. Aircraft leasing, fleet management, remarketing, and technical advice services are just some of the many solutions and services that fall under this umbrella. Demand for air travel is on the rise because to reasons including an expanding middle class and rising tourist and economic activity. As a result, airlines now have more planes than they know what to do with, calling for better methods of asset management. By guaranteeing maximum fleet utilisation, lowering operational costs, and enhancing overall efficiency, aviation asset management helps airlines and aircraft lessors get the most out of their investments. Effective fleet management requires forethought, data analysis, and technical know-how when deciding on fleet size, type, and maintenance schedules. Numerous firms compete for the business of airlines, aircraft lessors, and everyone else with a stake in the aviation industry. Companies such as Aircraft Leasing, Aviation Consultants, and Specialised Asset Management Firms play crucial roles in this sector. In addition, the market is international, with ample room for expansion in the aviation sectors of emerging economies.
This study breaks down the worldwide market for aircraft asset management into distinct submarkets, complete with estimates for revenue growth and analyses of current trends. The study examines the market for aircraft asset management, focusing on its key growth drivers, prospects, and obstacles. The competitive landscape has been drawn taking into account the most up-to-date market changes and strategic moves, such as expansion, product launch and development, collaboration, merger, and acquisition. Each subsegment of the aviation asset management market is broken down and the report's top players are strategically identified and profiled, along with an analysis of their core strengths.
Direct purchase, operational lease, finance lease, and sale lease back are the types that make up the aviation asset management market worldwide. The worldwide aviation asset management market is divided into several submarkets, with operating lease anticipated to expand at the highest compound annual growth rate (CAGR) throughout the projected period. The popularity of operating leases in the aviation industry can be ascribed to the benefits they provide in terms of adaptability, cost-effectiveness, and risk mitigation for both airlines and lessors. Aircraft are leased from lessors for short and intermediate periods of time in the operating lease market. Leasing allows airlines to use planes for short or long periods of time without taking ownership.
Leasing services, technical services, and regulatory certifications make up different segments of the worldwide aviation asset management industry. The global aviation asset management industry is divided into several submarkets, with leasing services projected to dominate over the next few years. Reasons for this market's preeminence include its lower costs, greater fleet adaptability, and reduced risk. When it comes to acquiring aircraft, airlines and other operators can take advantage of the several leasing options provided by aeroplane leasing companies, including operating leases and finance leases. Airline fleet size and composition can be adjusted in response to market demand with the use of leasing services.
The global aviation asset management industry can be broken down into commercial platforms and maintenance, repair, and overhaul (MRO) services. Among these, MRO services are anticipated to account for the highest proportion of the aviation asset management market worldwide over the predicted time frame. Maintenance is a crucial part of aviation asset management, and the need for MRO services is being fueled by the requirements of a massive global fleet of aircraft. Maintenance, repair, and overhaul (MRO) companies provide a variety of services for keeping aeroplanes, engines, and other systems in good working order. Maintenance, emergency fixes, upgrades, inspections, and complete overhauls of parts are all included in this category of work. Maintenance, repair, and overhaul services guarantee the integrity of aviation infrastructure.
Report Coverage
Global Aviation Asset Management research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Aviation Asset Management report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Aviation Asset Management competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Aviation Asset Management market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Aviation Asset Management market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Aviation Asset Management market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
GA Telesis, LLC, BBAM Aircraft Leasing & Management, Aviation Asset Management Inc, Airbus Group, Charles Taylor Aviation (Asset Management) Ltd., Skyworks Capital, LLC., AerCap Holdings N.V, AerData, Acumen, GE Capital Aviation Services, Others
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Aviation Asset Management market based on the below-mentioned segments:
Global Aviation Asset Management Market, By Type
Direct Purchase
Operating Lease
Finance Lease
Sale Lease Back
Global Aviation Asset Management market, By Service Type
Leasing Services
Technical Services
Regulatory Certifications
Global Aviation Asset Management Market, By End User
Commercial Platforms
MRO Services
Global Aviation Asset Management market, Regional Analysis
Reasons Why
Air travel demand has increased due to factors including a larger global population, stronger economies, and more people entering the middle class. Because of this, airlines have increased their fleet sizes to better serve their customers. Therefore, effective asset management systems are required to maximise the value, utility, and efficiency of these planes. Incorporating cutting-edge technology like the IoT, AI, and big data analytics has completely reworked the aviation industry's approach to asset management. These innovations allow for predictive maintenance and data-driven decision making in addition to real-time monitoring of aircraft performance. The aviation industry as a whole may benefit from increased efficiency, less downtime, and better utilisation of assets by leveraging these new technologies. Significant prospects for aviation asset management exist as the aviation industry grows in emerging economies. Aircraft leasing, fleet management, and technical consultancy services are in high demand as these sectors expand. There is a growing need for effective asset management solutions in these areas because of airport development, the advent of low-cost carriers, and the liberalisation of air transport policy.
Limiting Circumstances
Significant initial investments are needed for successful aircraft asset management technologies to be implemented. The investment required to acquire and deploy cutting-edge technology like Internet of Things (IoT) sensors, data analytics systems, and artificial intelligence (AI) platforms can be considerable. This preliminary investment may function as a barrier to entrance or hamper the capacity to adopt comprehensive asset management practises for smaller airlines or lessors with low financial resources. Regulations and compliance standards in the aviation business are extremely high. Maintaining compliance with these rules and the ever-evolving safety and upkeep benchmarks can be difficult. Regulatory frameworks might vary from one jurisdiction to the next, thus it is up to asset managers to make sure their processes and procedures are compliant. It can take a lot of effort and time to figure out the rules and regulations that apply to your situation.
The Global Aviation Asset Management Market is a dynamic industry that seeks to maximise the use, durability, and worth of aviation's physical resources. Aircraft leasing, fleet management, remarketing, and technical advice services are just some of the many solutions and services that fall under this umbrella. Demand for air travel is on the rise because to reasons including an expanding middle class and rising tourist and economic activity. As a result, airlines now have more planes than they know what to do with, calling for better methods of asset management. By guaranteeing maximum fleet utilisation, lowering operational costs, and enhancing overall efficiency, aviation asset management helps airlines and aircraft lessors get the most out of their investments. Effective fleet management requires forethought, data analysis, and technical know-how when deciding on fleet size, type, and maintenance schedules. Numerous firms compete for the business of airlines, aircraft lessors, and everyone else with a stake in the aviation industry. Companies such as Aircraft Leasing, Aviation Consultants, and Specialised Asset Management Firms play crucial roles in this sector. In addition, the market is international, with ample room for expansion in the aviation sectors of emerging economies.
This study breaks down the worldwide market for aircraft asset management into distinct submarkets, complete with estimates for revenue growth and analyses of current trends. The study examines the market for aircraft asset management, focusing on its key growth drivers, prospects, and obstacles. The competitive landscape has been drawn taking into account the most up-to-date market changes and strategic moves, such as expansion, product launch and development, collaboration, merger, and acquisition. Each subsegment of the aviation asset management market is broken down and the report's top players are strategically identified and profiled, along with an analysis of their core strengths.
Direct purchase, operational lease, finance lease, and sale lease back are the types that make up the aviation asset management market worldwide. The worldwide aviation asset management market is divided into several submarkets, with operating lease anticipated to expand at the highest compound annual growth rate (CAGR) throughout the projected period. The popularity of operating leases in the aviation industry can be ascribed to the benefits they provide in terms of adaptability, cost-effectiveness, and risk mitigation for both airlines and lessors. Aircraft are leased from lessors for short and intermediate periods of time in the operating lease market. Leasing allows airlines to use planes for short or long periods of time without taking ownership.
Leasing services, technical services, and regulatory certifications make up different segments of the worldwide aviation asset management industry. The global aviation asset management industry is divided into several submarkets, with leasing services projected to dominate over the next few years. Reasons for this market's preeminence include its lower costs, greater fleet adaptability, and reduced risk. When it comes to acquiring aircraft, airlines and other operators can take advantage of the several leasing options provided by aeroplane leasing companies, including operating leases and finance leases. Airline fleet size and composition can be adjusted in response to market demand with the use of leasing services.
The global aviation asset management industry can be broken down into commercial platforms and maintenance, repair, and overhaul (MRO) services. Among these, MRO services are anticipated to account for the highest proportion of the aviation asset management market worldwide over the predicted time frame. Maintenance is a crucial part of aviation asset management, and the need for MRO services is being fueled by the requirements of a massive global fleet of aircraft. Maintenance, repair, and overhaul (MRO) companies provide a variety of services for keeping aeroplanes, engines, and other systems in good working order. Maintenance, emergency fixes, upgrades, inspections, and complete overhauls of parts are all included in this category of work. Maintenance, repair, and overhaul services guarantee the integrity of aviation infrastructure.
Report Coverage
Global Aviation Asset Management research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Aviation Asset Management report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Aviation Asset Management competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Aviation Asset Management market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | GA Telesis, LLC, BBAM Aircraft Leasing & Management, Aviation Asset Management Inc, Airbus Group, Charles Taylor Aviation (Asset Management) Ltd., Skyworks Capital, LLC., AerCap Holdings N.V, AerData, Acumen, GE Capital Aviation Services, Others |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Aviation Asset Management Market from 2021 to 2030.
- Market Forecast for Aviation Asset Management Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Aviation Asset Management competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Aviation Asset Management
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Aviation Asset Management market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Aviation Asset Management market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
GA Telesis, LLC, BBAM Aircraft Leasing & Management, Aviation Asset Management Inc, Airbus Group, Charles Taylor Aviation (Asset Management) Ltd., Skyworks Capital, LLC., AerCap Holdings N.V, AerData, Acumen, GE Capital Aviation Services, Others
Primary Target Market
- Market Players of Aviation Asset Management
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Aviation Asset Management market based on the below-mentioned segments:
Global Aviation Asset Management Market, By Type
Direct Purchase
Operating Lease
Finance Lease
Sale Lease Back
Global Aviation Asset Management market, By Service Type
Leasing Services
Technical Services
Regulatory Certifications
Global Aviation Asset Management Market, By End User
Commercial Platforms
MRO Services
Global Aviation Asset Management market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
You will get in-depth and extensive aviation asset management market market research and competitor analysis for your business to help you develop more profound insights into the aviation asset management market Market.
Through INFINITIVE Data Expert is a professional Market Research services, I will identify the aviation asset management market market size, demand & opportunities, growth rate, and target audience with a comprehensive analysis of your competitors.