The aviation asset management market was valued at over USD 178.50 billion in 2022 and is projected to expand at a CAGR of over 5% during the forecast period. By 2032, the market is expected to reach approximately USD 290.76 billion.

The growing demand for cargo planes to enhance freight efficiency is a key driver of this market's growth. The rise of asset management services within the aviation sector is further bolstered by the increasing reliance on cargo aircraft to facilitate agile and timely deliveries. These factors are expected to significantly contribute to the expansion of the aviation asset management market in the coming years.

๐…๐จ๐ซ ๐ฆ๐จ๐ซ๐ž ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ข๐ง๐ญ๐จ ๐ญ๐ก๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ, ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
https://www.factmr.com/connectus/sample?flag=S&rep_id=8047

Regional Insights

The Asia Pacific market accounted for over 50% of global revenue and is expected to experience significant growth during the forecast period. This expansion is attributed to increased government and public-private investments aimed at upgrading and modernizing airport infrastructure.

The regional market is also poised to benefit from a growing emphasis on adopting zero-emission technologies within the aviation sector, driven by robust government funding and support initiatives.

Segmentation Insights

The narrow-body aircraft segment is projected to grow at a CAGR of over 6%, achieving a substantial valuation by the end of the forecast period. This growth is primarily driven by increasing air traffic and the flourishing domestic air travel industry in emerging economies.

Rising demand for Low-Cost Carriers (LCCs), declining air travel costs, and the rapid expansion of business and medical tourism are expected to further accelerate the adoption of aviation asset management solutions for narrow-body aircraft in the years ahead.

๐†๐ž๐ญ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐จ๐ซ ๐’๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐’๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ:
https://www.factmr.com/connectus/sample?flag=S&rep_id=8047

Competitive Landscape

Leading market participants are prioritizing strategic alliances and the adoption of new technologies to address the rising demand for air travel while enhancing the customer experience.

Recent Developments

  • February 2022 – AirAsia | Partnership
    AirAsia entered into a partnership with Avolon, an Ireland-based aircraft leasing company, to lease at least 100 VX4 eVTOL aircraft. This collaboration aims to revolutionize air travel by introducing advanced air mobility for passengers, enabling AirAsia to maintain its competitive edge.
  • November 2021 – AerCap Holdings | Acquisition
    AerCap Holdings acquired GE Capital Aviation Services (GECAS) from General Electric, solidifying its position as a global leader in aircraft leasing. This acquisition made AerCap the largest customer of both Boeing and Airbus, with a client base of approximately 300 customers worldwide.
  • Airbus | Partnership
    Airbus partnered with AirLiquide and VINCI Airports to promote hydrogen adoption and accelerate efforts toward the decarbonization of the aviation industry.
  • 2022 – Flydocs | Partnership
    Flydocs, a UK-based asset management solutions provider, collaborated with SGI Aviation Services, a Netherlands-based firm, to develop a financial asset management software solution. This tool leverages Flydocs’ digitized asset management technology to maximize asset value for aviation asset owners.
  • June 2021 – EnTrust Global | Acquisition
    EnTrust Global and SVPGlobal acquired DVB Bank Group’s Aviation Investment and Asset Management division, forming Deucalion Aviation Limited. This move aims to establish a global leader in innovative financing solutions for airlines and leasing clients.

Read More: https://www.factmr.com/report/aviation-asset-management-market

Key Segments

  • By Type :
    • Aircraft
      • Wide body aircraft
      • Narrow body aircraft
      • Private jets
    • Helicopter
  • By Purchase Type :
    • Direct purchase
    • Operating lease
    • Finance lease
    • Sale & Lease Back (SLB)
  • By Service :
    • Leasing service
    • Technical service
    • Regulatory services
    • End-to-End
  • By End-Use :
    • Airline operators
    • Leasing companies
    • Cargo operators
    • MRO service providers
    • Commercial platforms
  • By Region :
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • MEA

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:

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