Freighter Aircraft Market Driven by Rising E-commerce Logistics and Global Trade Expansion - Mordor intelligence

Introduction

According to a recent report by Mordor Intelligence, the market is expected to reach roughly USD 6.95 billion in 2025 and climb to around USD 9.19 billion by 2030 at a CAGR of 5.76%.

The freighter aircraft market is experiencing steady growth as global trade and e-commerce continue to surge. These aircraft play a critical role in enabling the rapid movement of high-value and time-sensitive goods across continents. Both purpose-built and converted freighters are seeing strong demand from logistics providers and airlines seeking to expand their cargo capacity and network reach.

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Key Market Trends

Rising Demand for Dedicated Freighter Aircraft: The freighter aircraft market is being influenced by strong global trade activity and the rapid growth of e-commerce logistics. The rising need for efficient, high-capacity air transport is encouraging airlines to expand their fleets through the acquisition of dedicated cargo aircraft. In addition, carriers are increasingly converting passenger aircraft nearing the end of their passenger-service lifespan into cargo configurations to meet rising freight volumes.

Growing Passenger-to-Freighter (P2F) Conversions: A notable trend shaping the market is the surge in passenger-to-freighter (P2F) conversions. This approach provides a cost-effective alternative for airlines constrained by limited cargo capacity. The derivative non-cargo segment, which includes converted passenger aircraft, is projected to record the fastest growth, highlighting its strategic importance in sustaining freight capacity and optimizing asset utilization.

Regional Growth Dynamics in Asia-Pacific: Regional patterns are critical to understanding freighter aircraft market trends. The Asia-Pacific region stands out as the fastest-growing market, propelled by expanding trade flows, escalating e-commerce activity, and rising domestic consumption. The region's increasing integration into global supply chains further strengthens its role as a key hub for freighter aircraft operations.

Engine and Aircraft Type Preferences: Engine type and aircraft classification also play a major role in market segmentation. Turbofan engines continue to hold the largest value share, particularly for large wide-body freighters and new production models. Meanwhile, operators are making strategic decisions between investing in purpose-built cargo aircraft or opting for derivative conversions, influencing fleet modernization and operating economics.

Strategic Fleet Choices Driving Market Growth: Collectively, these forces underscore that freighter aircraft market growth will not only depend on cargo demand but also on how airlines balance their fleet strategies, adopt cost-effective conversion programs, and leverage regional opportunities to expand capacity and efficiency.

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Market Segmentation

By Aircraft Type
-Dedicated Cargo Aircraft
-Derivative of Non-cargo Aircraft

By Engine Type
-Turboprop Aircraft
-Turbofan Aircraft

By Geography
-North America
-Europe
-South America
-Middle east&Africa

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Key Players

The Boeing Company

Airbus SE

Textron Inc.

ATR

Singapore Technologies Engineering Ltd.

Conclusion

As freight volumes continue to grow worldwide and e-commerce becomes ever more dominant, fleet strategies, powerplant choices, and regional deployment will matter. The freighter aircraft market share and market growth will be influenced by how well operators, lessors and OEMs adapt to the dual challenge of meeting capacity demand quickly and doing so cost-effectively.

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Get More information: https://www.mordorintelligence.com/industry-reports/americas-fighter-aircraft-market?utm_source=openpr

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Get More information: https://www.mordorintelligence.com/industry-reports/fighter-aircraft-irst-market?utm_source=openpr

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