Fixed-Base Operator Market Size to Witness Uptick at US$ 39,497.0 Million, with Growing CAGR of 6.0% by Forecast 2028 - The Insight Partners

The fixed-base operator market is expected to grow from US$ 23,567.8 million in 2021 to US$ 39,497.0 million by 2028; it is estimated to grow at a CAGR of 6.0% from 2021 to 2028.

Fixed-Base Operator Market report by "The Insight Partners" sheds light on the key drivers and opportunities attributing to market expansion over the analysis period. It also gives in-depth information pertaining to the challenges and threats poised to hinder revenue generation in the forthcoming years. Additionally, the report also provides crucial information regarding leading companies in this business sphere and the trends that are likely to prevail in the near future. The document entails a detailed rundown of the impact of the key factors on the development and growth of the of the business sphere over the forecast timeframe. Promising opportunities in the Fixed-Base Operator Market have also been mentioned in the study.

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Companies Profiled in Fixed-Base Operator Market report includes:
Avemex SA De CV
DEER JET CO. LTD.
dnata Corporation
General Dynamics Corporation
Jetex
Luxaviation
Signature Aviation
Swissport
Abilene Aero
Atlantic Aviation FBO Inc.
ExecuJet Aviation Group AG

Universal Weather and Aviation, Inc.

The Global Fixed-Base Operator Market has been Segmented as follows:

Fixed-Base Operator Market - by Service Offered:
Hangaring
Fuelling
Flight Training
Aircraft Maintenance
Aircraft Rental

Fixed-Base Operator Market - by Application:
Business Aviation
Leisure Aviation

Fixed-Base Operator Market - by Geography:
North America - US, Canada, Mexico.
Europe - France, Germany, Italy, Russia, UK, Russia, Rest of Europe.
Asia Pacific (APAC) - China, India, Japan, Australia, Malaysia, Rest of APAC.
Middle East & Africa (MEA) - Saudi Arabia, UAE, South Africa, Rest of MEA.
South & Central America (SAM) - Brazil, Argentina, Rest of SAM .

The overall fixed-base operator (FBO) market in APAC is witnessing slow growth as compared to other regions such as North America and Europe, which is mainly attributed to the presence of a smaller number of business as well as private jets across the region. The fixed-base operator market is observing slight growth in the Southeast countries such as Indonesia, Singapore, and Macau. The general aviation sector in APAC is expected to rise during the forecast period, which is also demanding the fixed-base operator service provider to offers enhanced services to the traveler. Currently, there are total 72 FBOs operating in Asia Pacific countries; of these, 23 are operating in Australia and serve a business aviation fleet of ~200 aircraft. The FBOs in Hong Kong operate with ~122 business jets. Tag Aviation has expanded its footprint in Macau in 2020, and it was the very first company to officially open its office in the region. Similarly, as per the survey conducted by the Aviation International News (AIN), in 2020, MJets FBO topped the list of FBOs operating in Asia Pacific, and it ranked seventh among the world's top FBOs for the for fifth consecutive year. MJets operates in Thailand for only Private Jet Terminal and has its FBO facility at Bangkok's Don Mueang International Airport. Thus, slow but promising increase in the number of FBOs in APAC is emerging as one of the significant opportunities for the growth of the fixed-base operator market players. Furthermore, The rising demand for business and private jets, including both small and large aircraft, is one of the significant factors driving the business growth of hangaring service providers. The steady rise in air traffic has created a need for new aircraft. The OEMs are also focusing on the development of new-generation aircraft with reduced fuel consumption, large size, and low noise and carbon emissions. As a result, the demand for hangars has increased in the recent time.

Fixed-Base Operator Market research report provides an in depth examination of the key factors stimulating market expansion. It also sheds light on the challenges or restraining factors that are poised to hinder industry growth over the forecast timeframe. Growth rate, market share captured, and valuation estimates for each region, segment, and company are documented as well.
Furthermore, the Fixed-Base Operator Market is segmented based on type, application, and region in order to study it exhaustively and provide the data in a systematic manner. Speaking of competitive landscape, the study includes a list of leading companies along with their product and service offerings, strategic decisions, SWOT analysis, latest developments, market share captured, growth rate, and valuation. The challenges faced by these companies are analyzed and solutions for them are given as well.

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Impact of COVID-19 Pandemic on Fixed-Base Operator Market:
The COVID-19 outbreak has significantly affected the world and is continuing to shatter several countries. Until the outbreak, the aviation industry was experiencing substantial growth worldwide. However, the outbreak of the novel coronavirus has been reflecting notable decline in the adoption of aviation-based services, such as fixed-base operators. Containment measures such as lockdown, business shutdown, and travel restriction disrupted the supply chain of fixed-base operators, leading to the decline in revenues among the service providers. Moreover, the restriction on travel activities in many countries impaired the adoption of fixed-base operator from demand side in 2020, and so far, 2021. However, as trading activities picked pace from the last quarter of 2020, market players are experiencing decent growth in demand from end users of fixed-base operators.

Essential points covered in Fixed-Base Operator Market report are:-
1 What will the Fixed-Base Operator Market size and the growth rate be in 2028?
2 What are the key growth stimulants of Fixed-Base Operator Market?
3 What are the key market trends impacting Fixed-Base Operator Market valuation?
4 What are the challenges to market proliferation?
5 Who are the key vendors in the Fixed-Base Operator Market?
6 Which are the leading companies contributing to Fixed-Base Operator valuation?
7 What was the market share held by each region in 2021?
8 What is the estimated growth rate and valuation of Fixed-Base Operator in 2028?

The report also puts forward the current and future market scenario derived after a thorough analysis of the markets across five major regions: North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America. PEST analysis for each region is incorporated as well.

Moreover, key companies contributing to Fixed-Base Operator Market valuation are studied thoroughly. The study entails a list of these companies along with exhaustive information regarding their offerings, strategic decisions such as partnerships, product launches, mergers & acquisitions and SWOT analysis.

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Reason to Buy:
• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Fixed-Base Operator Market.
• Highlights key business priorities in order to guide the companies to reform their business strategies and establish themselves in the wide geography.
• The key findings and recommendations highlight crucial progressive industry trends in the Fixed-Base Operator Market, thereby allowing players to develop effective long-term strategies in order to garner their market revenue.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those restraining the growth at a certain extent.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

Contact Us:
If you have any queries about this report or if you would like further information, please contact us:
Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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