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Global Air Charter Services Market Report Description:
Global air charter services market report gives comprehensive outlook on air charter services across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East & Africa. The report on global air charter services market gives historical, current, and future market sizes (US$ Mn) on the basis of type, application, ales channel and region. This report studies global air charter services market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global air charter services market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global air charter services market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global air charter services market report include suppliers, manufacturers, marketers, policy makers, and service providers engaged in global air charter services products.
Global Air Charter Services Market:
The global air charter services market valued US XX Mn in 2019 and is poised to grow with a CAGR of XX% over 2020-2026. Some of the key factor fueling the market growth include growth in demand in the air cargo, rising demand by the customers for instant and timely delivery of their products, increasing demand for cargo charters, last-minute capacity and unanticipated applications. In addition, shift towards aircraft renting and introduction of membership programs are other factors responsible for market growth. However, volatility in aviation fuel prices, shortage of skilled pilots, inadequate infrastructure and rising operational cost are hampering the market growth.
Business Charter Services Accounts for Larger Market Revenue Share:
Business Charter Services accounted for larger revenue share in global market with a CAGR of XX% and is expected to grow over the forecast years due to a surge in corporate profits and the time saved by employees, which is a crucial benefit of aviation. Charter operators use their expertise to offer the best suitable options, such as a short-haul business flight or an extended business trip. Air charter operators allow their customers to schedule according to convenience and select the preferred route to be taken.
Asia Pacific Accounts for Larger Market Revenue Share:
Asia Pacific accounted for larger revenue share in global market with a CAGR of XX% and is expected to grow over the forecast years. The region will offer several growth opportunities to market vendors during the forecast period. The presence of a large number of active airports and general aviation aircraft and an increase in the number of charter flight hours will significantly influence market growth in this region. China is a crucial market for the market in the region. Market growth in this region will be faster than the growth of the market in other regions.
Competition Assessment
Key player’s profiled in the report include:
- VistaJet
- Luxaviation
- Jet Aviation
- Air Partner
- TMC Jets
- Delta Private Jets
- Deer Jet
- Corporate Flight Management
- Gama Aviation
- BAA
- TAG Aviation
- Executive Jet Management
Global air charter services market is surging owing to strategic alliances by key players for air charter services to meet the demands of the customers in the market.
Key Findings of the Report:
- Global air charter services market expanding at significant CAGR over 2020 to 2026 owing to growing demand by the customers for instant and timely delivery of their products
- Based on region, Asia Pacific accounted for larger market revenue share in 2019 and projected gain market revenue share over the forecast period
- Players focusing on innovation of newer products and collaboration strategies to retain market position in global air charter services market
Key Features of the Report:
- The report provides granular level information about the market size, regional market share, historic market (2015-2019) and forecast (2020-2026)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments and startup’s details that are actively working in the market
- The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
- The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Detailed Segmentation
By Type
- Private Charter Services
- Business Charter Services
By Application
- Charter Passenger
- Charter Freight
By Sales Channel
- Direct Channel
- Distribution Channel
By Geography
North America
- US
- Canada
Europe
- UK
- Germany
- France
- Italy
- Spain
- Russia
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Au & NZ
- Rest of Europe
Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
Middle East & Africa
- South Africa
- Turkey
- GCC
- Rest of MEA
Location
GEOGRAPHY
