Westford, USA, Feb. 15, 2024 (GLOBE NEWSWIRE) -- According to SkyQuest's latest global research of the Aviation Asset Management market, outsourced asset management services, predictive maintenance solutions, data-driven decision-making, sustainable aviation practices, adoption of blockchain technology, aviation analytics, IoT-enabled asset tracking, focus on fleet digitalization, virtual reality (VR) and augmented reality (AR) applications, and emphasis on cybersecurity measures are the trends that aid in the market's growth.
Browse in-depth TOC on "Aviation Asset Management Market"
- Pages - 157
- Tables - 90
- Figures - 76
Aviation asset management is optimizing the value and performance of aviation assets throughout their lifecycle. This includes aircraft, engines, and other aviation-related equipment.
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Prominent Players in the Aviation Asset Management Market
- Boeing Global Services
- GE Capital Aviation Services
- Aercap Holdings NV
- Airbus Group
- BOC Aviation
- Avolon
- Air Lease Corporation
- ST Engineering
- Dubai Aerospace
- SMBC Aviation
- BBAM Aircraft Leasing & Management
- GA Telesis
- Acumen
- Aviation Asset Management Inc. (AAMI)
- SkyWorks Holdings
- Charles Taylor
- AeroTargets International L.L.C.
- Air Affairs Australia
- L3Harris Technologies
- Lockheed Martin Corporation
- Saab
- Leonardo S.p.A.
Aircraft Demand to Grow Substantially in the Forecast Period
Aircraft dominates the global online market as they represent the most valuable and complex assets in the aviation industry. They require significant investment, making them a major focus for asset management to maximize their lifespan and operational efficiency.
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Fleet Management is the Leading Application Segment
In terms of application, the fleet management is the leading segment as it is critical for ensuring that aircraft and related assets are operated efficiently. It involves optimizing maintenance schedules, routes, and asset utilization, which directly impacts cost savings and revenue generation.
North America is the leading Market Due to the Technological Advancements
North America, particularly the United States, has one of the world's largest and most developed aviation industries, with numerous airlines, airports, and aviation-related businesses. This extensive industry presence creates a significant demand for aviation asset management services.
A recent report thoroughly analyzes the major players operating within the Aviation Asset Management market. This comprehensive evaluation has considered several crucial factors, such as collaborations, mergers, innovative business policies, and strategies, providing invaluable insights into the key trends and breakthroughs in the market. Additionally, the report has carefully scrutinized the market share of the top segments and presented a detailed geographic analysis. Finally, the report has highlighted the major players in the industry and their ongoing endeavors to develop innovative solutions that cater to the ever-increasing demand for Aviation Asset Management.
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Key Developments in the Aviation Asset Management Market
- In January 2023, AerCap Holdings N.V., the world's largest aircraft leasing company, acquired Aviation Asset Management Inc., a leading provider of aviation asset management software.
- In February 2023, Boeing announced the launch of its new aviation asset management solution, Boeing Flight Portfolio.
- In March 2023, GE Capital Aviation Services (GECAS) announced the expansion of its aviation asset management services to include data analytics and predictive maintenance.
Key Questions Answered in Aviation Asset Management Market Report
- What specific growth drivers are projected to impact the market during the forecast period?
- Can you list the top companies in the market and explain how they have achieved their positions of influence?
- In what ways do regional trends and patterns differ within the global market, and how might these differences shape the market's future growth?
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