Press release
Aviation Asset Management Market Research, Size, Growth, Demand, Overview And Industry Forecast 2023-2032
Aviation Asset Management Market Report
The Business Research Company's Aviation Asset Management Global Market Report 2023 identifies the rise in air passenger traffic as the major driver for the aviation asset management market's growth in the forecast period. Air passenger traffic refers to the number of passengers who have booked a flight. Aviation asset management helps passengers travelling in the air by reducing customer complaints and minimising users' downtime.
The global aviation asset management market size will grow from $221.37 billion in 2022 to $237.18 billion in 2023 at a compound annual growth rate (CAGR) of 7.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global aviation asset management market is expected to grow to $310.87 billion in 2027 at a CAGR of 7.0%.
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Major competitors in the aviation asset management market are Aerdata, Airbus Group, Aercap Holdings N.V., GE Capital Aviation Services, Charles Taylor Aviation (Asset Management) Ltd.
A key trend in the aviation asset management market includes technological advancement. Major companies in the aviation asset management market are focusing on new technologies to develop advanced asset management software solutions to strengthen their position in the market. For instance, in 2022, flydocs, a UK-based asset management solution provider, partnered with SGI Aviation Services, a Netherlands-based aviation asset management company, to develop a financial asset management software solution to cater to a diverse range of aviation asset owners through flydocs' digitised asset management tools, maximising the value of assets with the use of technology and support.
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The aviation asset management market is segmented -
•By Service Types: Leasing Services, Technical Services, Regulatory Certifications, End-to-End
•By Types Of Aircraft: Wide-Body Aircraft, Narrow-Body Aircraft, Private Jets
•By End-User: Commercial Platforms, Maintenance, Repair, and Overhaul (MRO) Services
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the aviation asset management market.
The Business Research Company's "Global Aviation Asset Management Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Aviation Asset Management Market Include:
1. Aviation Asset Management Market Executive Summary
2. Aviation Asset Management Market Characteristics
3. Aviation Asset Management Market Trends And Strategies
4. Aviation Asset Management - Macro Economic Scenario
5. Aviation Asset Management Market Size And Growth
……
26. Africa Aviation Asset Management market
27. Aviation Asset Management market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Aviation Asset Management market
29. Aviation Asset Management market Future Outlook and Potential Analysis
30. Appendix
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