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

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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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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.

INFORMATION 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

DATA 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

REPORT 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 $6.51 billion during 2019-2024.
The air charter services market is expected to grow at a CAGR of 4.48% during 2019-2024.
Technavio has segmented the air charter services market by application (Charter passenger, Charter freight, and Others) and geographic (North America, Europe, APAC, South America, and MEA).
Air Charter Service Group Ltd., Air Partner Plc, Asia Jet Partners Ltd., Delta Private Jets Inc. , Flexjet LLC, Gama Aviation Plc, GlobeAir AG, NetJets Aviation Inc., VistaJet Group Holding Ltd., XO Global LLC  are a few of the key vendors in the air charter services market.
APAC will register the highest growth rate of 40.95% 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
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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