Aviation asset management market to Signify Strong Growth by 2022-2028

The global aviation asset management market is anticipated to grow at a considerable CAGR of 4.9% during the forecast period. The growing number of air passengers and growing imports & exports for business are contributing to the growth of the aviation asset management market across the globe. According to the United Nations Conference on Trade and Development (UNCTAD) latest report of February 2022,

value of global trade reached a record level of $28.5 trillion in 2021, it is an increase of 25% on 2020 and 13% higher compared to 2019

• trade in services rose by $50 billion to reach $1.6 trillion

• Exports of developing countries were about 30% higher than during the same period in 2020,

• Global trade hit a record high of $28.5 trillion in 2021

Also, the latest report 2022, by the US Census Bureau and the US Bureau of Economic Analysis:

• April 2022 exports were $252.6 billion, $8.5 billion more than March exports

• Average exports increased by $40.4 billion from April 2021.

• Average imports increased by $68.3 billion from April 2021.

• Exports of goods increased from $6.1 billion to $176.1 billion in April.

• Foods feeds, and beverages increased by $2.2 billion.

According to U.S. Travel Association

• For the first time since the start of the pandemic, travel spending ($100 billion) was 3% ABOVE 2019 levels in April 2022

• More than one-quarter (28%) of traveler's plan to spend significantly more this summer over their 2019 travel budgets for marquee trips, due to higher prices as well as accumulated savings

These factors significantly contribute to the growth of the aviation asset management market during the forecast period. Due to the increasing number of air passengers and growing imports& export across the globe fuel the market, it becomes difficult to maintain the airport and its assets, so to properly manage the airport and to keep the operations running smoothly the aviation asset management company helps the airports for the proper functioning of the airport and to provide nice experience to the customers.

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Market Coverage

• The market number available for - 2021-2028

• Base year- 2021

• Forecast period- 2022-2028

Segment Covered-

• By End-Use

• By Service Type

Regions Covered-

• North America

• Europe

• Asia-Pacific

• Rest of the World

• Competitive Landscape- including SkyWorks Holdings, LLC, GA Telesis, LLC, AerCap Holdings N.V. (GE Capital Aviation Services), Charles Taylor Ltd, BBAM US LP, and others.

A full Report of Aviation asset management market is Available @ https://www.omrglobal.com/industry-reports/aviation-asset-management-market

Aviation Asset Management Market Report Segment

By End-Use

• Commercial Platforms

• MRO Services

By Service Type

• Leasing Services

• Technical Services

• Regulatory Certifications

Aviation Asset Management Market Report Segment by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

• Latin America

• Middle East and Africa

Company Profiles

• AerData B.V.

• Arena Aviation Capital Keizersgracht

• ABL Aviation (Ireland) Limited

• Acumen Aviation

• AerData (Boeing Company)

• Airbus S.A.S.

• AMC Aviation Management Corp

• Aviation Asset Management Inc

• DVB Bank SE

• Kestrel Aviation Management Inc.

• Singapore Technologies Engineering Ltd

• SMBC Aviation Capital

• Willis Asset Management Ltd

• WSP Global Inc.

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