Product Code: IRTNTR40516
Technavio has been monitoring the air charter services market and is forecast to grow by USD 7759.6 mn during 2023-2028, accelerating at a CAGR of 4.6% during the forecast period. Our report on the air charter services market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for cargo charters, shift toward aircraft renting, and introduction of membership programs.
Technavio's air charter services market is segmented as below:
Market Scope |
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 4.32% |
CAGR | 4.6% |
Incremental Value | $7759.6mn |
By Application
- Charter passenger
- Charter freight
- Others
By Type
- Business charter services
- Private charter services
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the innovative additions to charter service portals as one of the prime reasons driving the air charter services market growth during the next few years. Also, growth in new-generation commercial aircraft procurement and charter arrangement ensures lower risk will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the air charter services market covers the following areas:
- Air charter services market sizing
- Air charter services market forecast
- Air charter services market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading air charter services market vendors that include Air charter service group ltd, Air Charters Europe NV, Air Partner Ltd., Asia Jet Sdn Bhd, ASIAN SKY GROUP, BlueStar Air Services, European Air Charter, Flexjet LLC, Gama Aviation Plc, GlobeAir AG, Jet Aviation AG, Jet Linx Aviation LLC, Luxaviation S.A., NetJets Aviation Inc., PrivateFly Ltd., Solairus Aviation, TAG Aviation, VistaJet Group Holding Ltd., and Wheels Up Partners LLC. Also, the air charter services market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 2.2 Market characteristics
- Market characteristics analysis
- 2.3 Value chain analysis
3 Market Sizing
- 3.1 Market definition
- Offerings of companies included in the market definition
- 3.2 Market segment analysis
- 3.3 Market size 2023
- 3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
- 4.1 Global Air Charter Services Market 2018 - 2022
- Historic Market Size - Data Table on Global Air Charter Services Market 2018 - 2022 ($ million)
- 4.2 Application segment analysis 2018 - 2022
- Historic Market Size - Application Segment 2018 - 2022 ($ million)
- 4.3 Type segment analysis 2018 - 2022
- Historic Market Size - Type Segment 2018 - 2022 ($ million)
- 4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
- 4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
- 5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
- 5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- 5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
- 5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
- 5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
- 5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Application
- 6.1 Market segments
- Chart on Application - Market share 2023-2028 (%)
- Data Table on Application - Market share 2023-2028 (%)
- 6.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application
- 6.3 Charter passenger - Market size and forecast 2023-2028
- Chart on Charter passenger - Market size and forecast 2023-2028 ($ million)
- Data Table on Charter passenger - Market size and forecast 2023-2028 ($ million)
- Chart on Charter passenger - Year-over-year growth 2023-2028 (%)
- Data Table on Charter passenger - Year-over-year growth 2023-2028 (%)
- 6.4 Charter freight - Market size and forecast 2023-2028
- Chart on Charter freight - Market size and forecast 2023-2028 ($ million)
- Data Table on Charter freight - Market size and forecast 2023-2028 ($ million)
- Chart on Charter freight - Year-over-year growth 2023-2028 (%)
- Data Table on Charter freight - Year-over-year growth 2023-2028 (%)
- 6.5 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ million)
- Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)
- 6.6 Market opportunity by Application
- Market opportunity by Application ($ million)
- Data Table on Market opportunity by Application ($ million)
7 Market Segmentation by Type
- 7.1 Market segments
- Chart on Type - Market share 2023-2028 (%)
- Data Table on Type - Market share 2023-2028 (%)
- 7.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
- 7.3 Business charter services - Market size and forecast 2023-2028
- Chart on Business charter services - Market size and forecast 2023-2028 ($ million)
- Data Table on Business charter services - Market size and forecast 2023-2028 ($ million)
- Chart on Business charter services - Year-over-year growth 2023-2028 (%)
- Data Table on Business charter services - Year-over-year growth 2023-2028 (%)
- 7.4 Private charter services - Market size and forecast 2023-2028
- Chart on Private charter services - Market size and forecast 2023-2028 ($ million)
- Data Table on Private charter services - Market size and forecast 2023-2028 ($ million)
- Chart on Private charter services - Year-over-year growth 2023-2028 (%)
- Data Table on Private charter services - Year-over-year growth 2023-2028 (%)
- 7.5 Market opportunity by Type
- Market opportunity by Type ($ million)
- Data Table on Market opportunity by Type ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
- 9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 9.3 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
- 9.4 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 9.5 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
- 9.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
- 9.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- 9.8 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
- 9.9 UK - Market size and forecast 2023-2028
- Chart on UK - Market size and forecast 2023-2028 ($ million)
- Data Table on UK - Market size and forecast 2023-2028 ($ million)
- Chart on UK - Year-over-year growth 2023-2028 (%)
- Data Table on UK - Year-over-year growth 2023-2028 (%)
- 9.10 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
- 9.11 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
- 9.12 Singapore - Market size and forecast 2023-2028
- Chart on Singapore - Market size and forecast 2023-2028 ($ million)
- Data Table on Singapore - Market size and forecast 2023-2028 ($ million)
- Chart on Singapore - Year-over-year growth 2023-2028 (%)
- Data Table on Singapore - Year-over-year growth 2023-2028 (%)
- 9.13 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Tables on Market opportunity By Geographical Landscape ($ million)
10 Drivers, Challenges, and Opportunity/Restraints
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
- 10.4 Market opportunities/restraints
11 Competitive Landscape
- 11.1 Overview
- 11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 11.3 Landscape disruption
- Overview on factors of disruption
- 11.4 Industry risks
- Impact of key risks on business
12 Competitive Analysis
- 12.1 Companies profiled
- 12.2 Market positioning of companies
- Matrix on companies position and classification
- 12.3 Air charter service group ltd
- Air charter service group ltd - Overview
- Air charter service group ltd - Product / Service
- Air charter service group ltd - Key offerings
- 12.4 Air Partner Ltd.
- Air Partner Ltd. - Overview
- Air Partner Ltd. - Product / Service
- Air Partner Ltd. - Key offerings
- 12.5 Asia Jet Sdn Bhd
- Asia Jet Sdn Bhd - Overview
- Asia Jet Sdn Bhd - Product / Service
- Asia Jet Sdn Bhd - Key offerings
- 12.6 ASIAN SKY GROUP
- ASIAN SKY GROUP - Overview
- ASIAN SKY GROUP - Product / Service
- ASIAN SKY GROUP - Key offerings
- 12.7 Flexjet LLC
- Flexjet LLC - Overview
- Flexjet LLC - Product / Service
- Flexjet LLC - Key offerings
- 12.8 Gama Aviation Plc
- Gama Aviation Plc - Overview
- Gama Aviation Plc - Business segments
- Gama Aviation Plc - Key offerings
- Gama Aviation Plc - Segment focus
- 12.9 GlobeAir AG
- GlobeAir AG - Overview
- GlobeAir AG - Product / Service
- GlobeAir AG - Key offerings
- 12.10 Jet Aviation AG
- Jet Aviation AG - Overview
- Jet Aviation AG - Product / Service
- Jet Aviation AG - Key offerings
- 12.11 Jet Linx Aviation LLC
- Jet Linx Aviation LLC - Overview
- Jet Linx Aviation LLC - Product / Service
- Jet Linx Aviation LLC - Key offerings
- 12.12 Luxaviation S.A.
- Luxaviation S.A. - Overview
- Luxaviation S.A. - Product / Service
- Luxaviation S.A. - Key offerings
- 12.13 NetJets Aviation Inc.
- NetJets Aviation Inc. - Overview
- NetJets Aviation Inc. - Product / Service
- NetJets Aviation Inc. - Key offerings
- 12.14 PrivateFly Ltd.
- PrivateFly Ltd. - Overview
- PrivateFly Ltd. - Product / Service
- PrivateFly Ltd. - Key offerings
- 12.15 Solairus Aviation
- Solairus Aviation - Overview
- Solairus Aviation - Product / Service
- Solairus Aviation - Key offerings
- 12.16 TAG Aviation
- TAG Aviation - Overview
- TAG Aviation - Product / Service
- TAG Aviation - Key offerings
- 12.17 VistaJet Group Holding Ltd.
- VistaJet Group Holding Ltd. - Overview
- VistaJet Group Holding Ltd. - Product / Service
- VistaJet Group Holding Ltd. - Key offerings
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 13.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 13.4 Research methodology
- 13.5 Data procurement
- 13.6 Data validation
- 13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 13.8 Data synthesis
- 13.9 360 degree market analysis
- 360 degree market analysis
- 13.10 List of abbreviations