Study Period | 2019-2032 |
Base Year | 2023 |
Forcast Year | 2023-2032 |
CAGR | 8.35 |
Aircraft Leasing Market Analysis Report 2023-2032
The Aircraft Leasing Market is poised to experience a Compound Annual Growth Rate (CAGR) of 8.2% between 2022 and 2032. Over this period, the market size is expected to witness substantial growth, with an estimated increase of USD 98.7 billion. This growth is attributed to various factors, including the increasing global demand for air travel, cost-efficiency for airlines, and the flexibility offered by leasing, which allows airlines to access modern and fuel-efficient aircraft.
Aircraft Leasing Market Overview
Drivers
One of the primary drivers behind the expansion of the Aircraft Leasing Market is the continuous growth of air travel worldwide. Airlines are expanding their fleets to meet the rising passenger demand. Leasing aircraft allows them to access the latest models without the upfront capital costs associated with purchasing.
Additionally, cost-efficiency and flexibility are significant drivers. Aircraft leasing enables airlines to match their fleet size to market demand. During economic downturns or unforeseen events like the COVID-19 pandemic, leasing provides the flexibility to adjust fleet sizes quickly.
Trends
An important trend shaping the Aircraft Leasing Market is the increasing demand for fuel-efficient and environmentally friendly aircraft. With environmental concerns and regulatory pressure, airlines are keen on leasing modern, fuel-efficient planes, reducing their carbon footprint.
Another trend is the rise of regional aircraft leasing companies. Smaller, more agile lessors are gaining prominence, offering specialized services and regional expertise to airlines.
Restraints
The Aircraft Leasing Market does face challenges, including the financial risks associated with leasing, such as fluctuating interest rates and maintenance costs. The high upfront costs of leasing an aircraft can also deter some airlines, especially during economic downturns.
Moreover, during market downturns, there may be an oversupply of leased aircraft, impacting leasing rates. The COVID-19 pandemic demonstrated the challenges the industry can face during such crises.
Aircraft Leasing Market Segmentation By Lease Type
The wet lease segment is expected to be a prominent growth sector within the Aircraft Leasing Market. This type of lease includes not only the aircraft but also the crew, maintenance, and insurance. It is particularly popular among airlines looking for quick solutions to meet sudden demand surges or aircraft maintenance.
The dry lease segment also forms a significant part of the market. Airlines opt for dry leases when they require the aircraft only, without additional services. This lease type provides more flexibility to airlines in terms of aircraft usage.
Aircraft Leasing Market Segmentation By Aircraft Type
The narrow-body aircraft segment is projected to experience substantial growth during the forecast period. Narrow-body aircraft are versatile and commonly used for short to medium-haul routes, making them a preferred choice for many airlines.
Wide-body aircraft leasing is also significant, especially for long-haul international flights. As airlines look to expand their international routes, the demand for wide-body aircraft leasing remains strong.
North America is anticipated to be a key driver of global Aircraft Leasing Market growth. The region is home to several major aircraft leasing companies and is a hub for aviation finance. The demand for leasing services from both domestic and international airlines is significant.
The Asia-Pacific (APAC) region is also showing robust growth potential, with the expansion of regional airlines and an increasing number of passengers. APAC offers a growing market for aircraft leasing, driven by the need to modernize fleets.
Aircraft Leasing Market Customer Landscape
The Aircraft Leasing Market report offers insights into the customer landscape, ranging from established legacy carriers to low-cost and regional airlines. Understanding the diverse requirements and preferences of these customers is crucial for leasing companies to offer tailored solutions.
Major Aircraft Leasing Market Companies
Prominent players in the Aircraft Leasing Market are actively engaging in strategies to expand their market presence. These strategies may involve expanding their aircraft portfolios, entering new markets, and forming partnerships with airlines and manufacturers.
Sample list of major companies in the market:
Qualitative and quantitative analyses of these companies provide insights into the competitive landscape, allowing stakeholders to understand market dynamics and assess the strengths and weaknesses of key players.
Segment Overview
The Aircraft Leasing Market report provides revenue forecasts on a global, regional, and country level. The report also includes an analysis of emerging trends and growth opportunities spanning from 2019 to 2032.
Lease Type Outlook (USD Million, 2019 - 2032)
Aircraft Type Outlook (USD Million, 2019 - 2032)
Geography Outlook (USD Million, 2019 - 2032)
TABLE OF CONTENTS: GLOBAL Aircraft Leasing MARKET
Chapter 1. MARKET SYNOPSIS
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. EXECUTIVE SUMMARY
2.1. Summary Snapshot, 2016 – 2027
Chapter 3. INDICATIVE METRICS
3.1. Macro Indicators
Chapter 4. Aircraft Leasing MARKET SEGMENTATION & IMPACT ANALYSIS
4.1. Aircraft Leasing Segmentation Analysis
4.2. Industrial Outlook
4.3. Price Trend Analysis
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.5.1. Power Of Suppliers
4.5.2. Power Of Buyers
4.5.3. Threat Of Substitutes
4.5.4. Threat Of New Entrants
4.5.5. Competitive Rivalry
Chapter 5. Change Aircraft Leasing MARKET BY Aircraft type INSIGHTS & TRENDS
5.1. Segment 1 Dynamics & Market Share, 2019 & 2027
5.2. Wide Body
5.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)
5.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
5.3. Narrow Body
5.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)
5.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
Chapter 6. Aircraft Leasing MARKET BY lease type INSIGHTS & TRENDS
6.1. Segment 2 Dynamics & Market Share, 2019 & 2027
6.2. Dry leasing
6.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)
6.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
6.3. Wet Leasing
6.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)
6.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)
Chapter 7. Aircraft Leasing MARKET REGIONAL OUTLOOK
7.1. Aircraft Leasing Market Share By Region, 2019 & 2027
7.2. NORTH AMERICA
7.2.1. North America Aircraft Leasing Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.2.2. North America Aircraft Leasing Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.2.3. North America Aircraft Leasing Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.2.4. North America Aircraft Leasing Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.2.5. U.S.
7.2.5.1. U.S Aircraft Leasing Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.2.5.2. U.S. Aircraft Leasing Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.2.5.3. U.S. Aircraft Leasing Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.2.5.4. U.S. Aircraft Leasing Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.2.6. CANADA
7.2.6.1. Canada Aircraft Leasing Market Estimates And Forecast, 2016 – 2027, (USD Million)
7.2.6.2. Canada Aircraft Leasing Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.2.6.3. Canada Aircraft Leasing Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.2.6.4. Canada Aircraft Leasing Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.3. EUROPE
7.3.1. Europe Aircraft Leasing Estimates And Forecast, 2016 – 2027, (USD Million)
7.3.2. Europe Aircraft Leasing Estimates And Forecast By Segment 1, 2016 –2027, (USD Million
7.3.3. Europe Aircraft Leasing Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.3.4. Europe Aircraft Leasing Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.3.5. GERMANY
7.3.5.1. Germany Aircraft Leasing Estimates And Forecast, 2016 – 2027, (USD Million)
7.3.5.2. Germany Aircraft Leasing Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.3.5.3. Germany Aircraft Leasing Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.3.5.4. Germany Aircraft Leasing Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.3.6. FRANCE
7.3.6.1. France Aircraft Leasing Estimates And Forecast, 2016 – 2027, (USD Million)
7.3.6.2. France Aircraft Leasing Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.3.6.3. France Aircraft Leasing Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.3.6.4. France Aircraft Leasing Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.3.7. U.K.
7.3.7.1. U.K. Aircraft Leasing Estimates And Forecast, 2016 – 2027, (USD Million)
7.3.7.2. U.K. Aircraft Leasing Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.3.7.3. U.K. Aircraft Leasing Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.3.7.4. U.K Aircraft Leasing Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.4. ASIA-PACIFIC
7.4.1. Asia Pacific Aircraft Leasing Estimates And Forecast, 2016 – 2027, (USD Million)
7.4.2. Asia Pacific Aircraft Leasing Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.4.3. Asia Pacific Aircraft Leasing Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.4.4. Asia Pacific Aircraft Leasing Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.4.5. CHINA
7.4.5.1. China Aircraft Leasing Estimates And Forecast, 2016 – 2027, (USD Million)
7.4.5.2. China Aircraft Leasing Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.4.5.3. China Aircraft Leasing Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.4.5.4. China Aircraft Leasing Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.4.6. INDIA
7.4.6.1. India Aircraft Leasing Estimates And Forecast, 2016 – 2027, (USD Million)
7.4.6.2. India Aircraft Leasing Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.4.6.3. India Aircraft Leasing Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.4.6.4. India Aircraft Leasing Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.4.7. JAPAN
7.4.7.1. Japan Aircraft Leasing Estimates And Forecast, 2016 – 2027, (USD Million)
7.4.7.2. Japan Aircraft Leasing Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.4.7.3. Japan Aircraft Leasing Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.4.7.4. Japan Aircraft Leasing Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.4.8. AUSTRALIA
7.4.8.1. Australia Aircraft Leasing Estimates And Forecast, 2016 – 2027, (USD Million)
7.4.8.2. Australia Aircraft Leasing Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.4.8.3. Australia Aircraft Leasing Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.4.8.4. Australia Aircraft Leasing Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.5. MIDDLE EAST AND AFRICA (MEA)
7.5.1. Mea Aircraft Leasing Estimates And Forecast, 2016 – 2027, (USD Million)
7.5.2. Mea Aircraft Leasing Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.5.3. Mea Aircraft Leasing Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.5.4. Mea Aircraft Leasing Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
7.6. LATIN AMERICA
7.6.1. Latin America Aircraft Leasing Estimates And Forecast, 2016 – 2027, (USD Million)
7.6.2. Latin America Aircraft Leasing Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)
7.6.3. Latin America Aircraft Leasing Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)
7.6.4. Latin America Aircraft Leasing Estimates And Forecast By Production Process, 2016 –2027, (USD Million)
7.6.5. Latin America Aircraft Leasing Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)
Chapter 8. COMPETITIVE LANDSCAPE
8.1. Market Share By Manufacturers
8.2. Strategic Benchmarking
8.2.1. New Product Launches
8.2.2. Investment & Expansion
8.2.3. Acquisitions
8.2.4. Partnerships, Agreement, Mergers, Joint-Ventures
8.3. Vendor Landscape
8.3.1. North American Suppliers
8.3.2. European Suppliers
8.3.3. Asia-Pacific Suppliers
8.3.4. Rest Of The World Suppliers
Chapter 9. COMPANY PROFILES
9.1 AerCap
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. Product Insights
9.1.4. Strategic Initiatives
9.2 Air Lease Corporation
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. Product Insights
9.2.4. Strategic Initiatives
9.3 BOC Aviation
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.3. Product Insights
9.3.4. Strategic Initiatives
9.4 GECAS
9.4.1. Company Overview
9.4.2. Financial Performance
9.4.3. Product Insights
9.4.4. Strategic Initiatives
9.5 BBAM
9.5.1. Company Overview
9.5.2. Financial Performance
9.5.3. Product Insights
9.5.4. Strategic Initiatives
9.6. CIT Commercial Air
9.6.1. Company Overview
9.6.2. Financial Performance
9.6.3. Product Insights
9.6.4. Strategic Initiatives
9.7. Aviation Capital Group
9.7.1. Company Overview
9.7.2. Financial Performance
9.7.3. Product Insights
9.7.4. Strategic Initiatives
9.8. Boeing Capital Corporation
9.8.1. Company Overview
9.8.2. Financial Performance
9.8.3. Product Insights
9.8.4. Strategic Initiatives
9.9 SAAB Aircraft Leasing
9.9.1. Company Overview
9.9.2. Financial Performance
9.9.3. Product Insights
9.9.4. Strategic Initiatives
9.10. International Lease Finance Corporation
9.10.1. Company Overview
9.10.2. Financial Performance
9.10.3. Product Insights
9.10.4. Strategic Initiatives
A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.
Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.
Now let’s take a closer look at the research methods here.
Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.
Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.
However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.
The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.
Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.
The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.
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