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Air Charter Services Market by Application and Geography - Forecast and Analysis 2021-2025

  • Published: Apr 2021
  • Pages: 120
  • SKU: IRTNTR40516
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The air charter services market size is expected to grow by USD 7.67 billion and record a CAGR of 5.09% during 2021-2025.

This post-pandemic global air charter services market report has assessed the shift in consumer behavior and has identified and explored the upcoming trends and drivers that the vendors can capitalize on to support prompt business decisions. In this air charter services market analysis report, key drivers such as increasing demand for cargo charters have been discussed with emerging growth regions, which will offer immense business opportunities. Our analysts have also identified challenges such as volatility in aviation fuel prices, which will impede the market growth. With these insights, the vendors can recreate their plan of action to obtain growth opportunities in the future.

What will the Air Charter Services Market Size be in 2021?

Air-Charter-Services-Market-Market-Size-2020-2025

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Who are the Key Vendors in the Air Charter Services Market?

The air charter services market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies including:

 

  • Air Charter Service Group Ltd.
  • Air Partner Plc
  • Asia Jet Partners Ltd.
  • Flexjet LLC
  • GlobeAir AG
  • Jet Aviation AG
  • Jet Linx Aviation LLC
  • NetJets Aviation Inc.
  • VistaJet Group Holding Ltd.
  • Wheels Up Partners LLC

 

The air charter services market is fragmented and the vendors are deploying various growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.

This air charter services market report further entails segmentation by application (charter passenger, charter freight, and others) and geography (North America, Europe, APAC, South America, and MEA). View our sample report to gather market insights on the segmentations.

To make the most of the opportunities, vendors should focus on fast-growing segments, while maintaining their positions in the slow-growing segments. Fetch actionable market insights on post COVID-19 impact on each product and service segments.

 

Which are the Key Regional Markets for Air Charter Services Market?

Air-Charter-Services-Market-Market-Share-by-Region-2020-2025

For more insights on the market share of various regions Request for a FREE sample now!

The report offers an up-to-date analysis of the geographical composition of the market. APAC had the largest market share in the air charter services market in 2021, and the region will offer several growth opportunities to market vendors during the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

40% of the market’s growth will originate from APAC during the forecast period. China and Singapore are the key markets for air charter services in the region. This report provides estimations of the contribution of all regions to the growth of the air charter services market size.

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What are the Key Factors Covered in this Air Charter Services Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive air charter services market growth during the next five years
  • Precise estimation of the air charter services market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the air charter services industry across North America, Europe, APAC, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of air charter services market vendors

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1. Executive Summary                           

2. Market Landscape                             

                2.1 Market ecosystem             

                           Exhibit 01:  Parent market        

    Exhibit 02:  Market characteristics         

                2.2 Value chain analysis           

                                2.2.1    Inputs

                                2.2.2    Operations

                                2.2.3    Outbound logistics

                                2.2.4    Marketing and sales

                                2.2.5    Services

                Value chain analysis: Airlines 

3. Market Sizing                       

                3.1 Market definition

        Exhibit 04:  Offerings of vendors included in the market definition          

                3.2 Market segment analysis 

        Exhibit 05:  Market segments  

                3.3 Market size 2020 

                3.4 Market outlook: Forecast for 2020 - 2025 

          Exhibit 06:  Global - Market size and forecast 2020 - 2025 ($ million)      

          Exhibit 07:  Global market: Year-over-year growth 2020 - 2025 (%)         

4. Five Forces Analysis                          

                4.1 Five Forces Summary        

          Exhibit 08: Five forces analysis 2020 & 2025       

                4.2 Bargaining power of buyers           

                4.3 Bargaining power of suppliers       

                4.4 Threat of new entrants    

                4.5 Threat of substitutes         

                4.6 Threat of rivalry   

                4.7 Market condition

            Exhibit 14:  Market condition - Five forces 2020               

5. Market Segmentation by Application                       

                The segments covered in this chapter are:

  • Charter passenger
  • Charter freight
  • Others                    

Buy the full air charter services market forecast report for exhaustive analytical data on the segmentations.

5.1 Market segments

        Exhibit 15:  Application - Market share 2020-2025 (%)  

                5.2 Comparison by Application             

                5.3 Charter passenger - Market size and forecast 2020-2025    

                5.4 Charter freight - Market size and forecast 2020-2025           

               Exhibit 19:  Charter freight - Market size and forecast 2020-2025 ($ million)        

        Exhibit 20:  Charter freight - Year-over-year growth 2020-2025 (%)         

                5.5 Others - Market size and forecast 2020-2025           

            Exhibit 21:  Others - Market size and forecast 2020-2025 ($ million)       

            Exhibit 22:  Others - Year-over-year growth 2020-2025 (%)         

                5.6 Market opportunity by Application              

6. Customer landscape                         

     Technavio’s customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria               

7. Geographic Landscape                     

                The regions covered in the report are:

  • North America
  • Europe
  • APAC
  • South America
  • MEA 

North America was the largest region of the market in 2020 and would continue to be the largest segment of the market in 2025.   

Buy the report now to obtain meticulously researched actionable insights on the emerging and potential regional markets.         

                7.1 Geographic segmentation

  Exhibit 25: Market share by geography 2020-2025 (%) 

                7.2 Geographic comparison   

            Exhibit 26: Geographic comparison       

                7.3 North America - Market size and forecast 2020-2025           

                Exhibit 27: North America - Market size and forecast 2020-2025 ($ million)         

            Exhibit 28: North America - Year-over-year growth 2020-2025 (%)          

                7.4 Europe - Market size and forecast 2020-2025          

              Exhibit 29: Europe - Market size and forecast 2020-2025 ($ million)        

                Exhibit 30: Europe - Year-over-year growth 2020-2025 (%)         

                7.5 APAC - Market size and forecast 2020-2025          

                Exhibit 31: APAC - Market size and forecast 2020-2025 ($ million)           

              Exhibit 32:  APAC - Year-over-year growth 2020-2025 (%)           

                7.6 South America - Market size and forecast 2020-2025        

              Exhibit 33: South America - Market size and forecast 2020-2025 ($ million)         

                Exhibit 34:  South America - Year-over-year growth 2020-2025 (%)         

                7.7 MEA - Market size and forecast 2020-2025           

                Exhibit 35: MEA - Market size and forecast 2020-2025 ($ million)             

              Exhibit 36:  MEA - Year-over-year growth 2020-2025 (%)             

                7.8 Key leading countries    

                7.9 Market opportunity by geography                           

8. Drivers, Challenges, and Trends                   

                8.1 Market drivers 

        8.1.1    Increasing demand for cargo charters    

             8.1.2    Shift toward aircraft renting       

          8.1.3    Introduction of membership programs  

                8.2 Market challenges              

             8.2.1    Volatility in aviation fuel prices  

               8.2.2    Shortage of skilled pilots              

            8.2.3    Inadequate infrastructure and rising operational costs    

          Exhibit 39:  Impact of drivers and challenges     

                8.3 Market trends      

                8.3.1    Innovative additions to charter service portals   

                8.3.2    Growth in new-generation commercial aircraft procurement       

              8.3.3    Charter arrangement ensures lower risk

9. Vendor Landscape                             

                9.1 Vendor landscape           

                Analysis of Criticality of inputs and Factors of differentiation     

                9.2 Competitive scenario    

                9.3 Landscape disruption    

Technavio’s Analysis on the impact of Disruption Threats by comparing Disruptive sources and Factors driving disruption            

                Exhibit 42:  Industry risks           

10. Vendor Analysis               

                10.1 Vendors covered              

                10.2 Market positioning of vendors    

                10.3  Air Charter Service Group Ltd.   

                Overview         

                Business Segments      

                Key Offering   

              Segment Focus              

                10.4 Air Partner Plc  

              Overview         

               Business Segments      

               Key news         

          Key Offering   

              Segment Focus              

                10.5 Asia Jet Partners Ltd.     

                Overview         

                Product and service     

                Key Offering   

                10.6  Flexjet LLC          

                Overview         

              Business Segments      

                Key news         

                Key Offering   

                10.7 GlobeAir AG      

              Overview         

               Business Segments      

               Key news         

        Key Offering   

                10.8 Jet Aviation AG

                Overview         

                Business Segments      

              Key news         

              Key Offering   

                10.9 Jet Linx Aviation LLC       

            Overview         

             Business Segments      

               Key Offering   

      Segment Focus              

  10.10 NetJets Aviation Inc.    

               Overview         

               Product and service     

             Key news         

      Key Offering   

                10.11 VistaJet Group Holding Ltd.      

            Overview         

               Product and service     

          Key Offering   

                10.12 Wheels Up Partners LLC             

              Overview         

                Business Segments      

                Key news         

                Key Offering   

11. Appendix                            

                11.1 Scope of the report         

                11.2 Currency conversion rates for US$            

                11.3 Research Methodology 

              Validation techniques employed for market sizing          

                11.4 List of abbreviations        

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The air charter services market growth will increase by $7.35 billion during 2020-2024.
The air charter services market is expected to grow at a CAGR of 5.01% during 2020-2024.
Technavio has segmented the air charter services market by application (Charter passenger, Charter freight, and Others) ,component (North America, Europe, APAC, South America, and MEA) , and geographic (North America, Europe, APAC, and South America).
Air Charter Service Group Ltd., Air Partner Plc, Asia Jet Partners Ltd., ASIAN SKY GROUP, Delta Private Jets Inc. , Flexjet LLC, Gama Aviation Plc, GlobeAir AG, NetJets Aviation Inc., XO Global LLC  are a few of the key vendors in the air charter services market.
APAC will register the highest growth rate of 39.74% among the other regions. Therefore, the air charter services market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the air charter services market growth are:
  • Increasing demand for cargo charters
  • Innovative additions to charter service portals
The air charter services market vendors should focus on grabbing business opportunities from the charter passenger segment as it accounted for the largest market share in the base year.
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