Dublin, Aug. 10, 2023 (GLOBE NEWSWIRE) -- The "Aircraft Leasing Global Market Report 2023" report has been added to ResearchAndMarkets.com's offering.
This comprehensive report provides valuable insights into the global aircraft leasing market, including market size, growth trends, key players, and growth opportunities.
Market Overview:
The global aircraft leasing market is projected to grow from $162.50 billion in 2022 to $178.31 billion in 2023, with an impressive compound annual growth rate (CAGR) of 9.7%. Despite the challenges posed by the Russia-Ukraine war and the lingering impact of COVID-19, the market is expected to continue its growth trajectory, reaching an estimated value of $247.4 billion by 2027, with a CAGR of 8.5% during the forecast period.
Technological Advancements:
A key trend gaining popularity in the aircraft leasing market is technological advancements. Major companies in the industry are investing in advanced analytics platforms to maintain their market position. For example, in April 2023, LEASEWORKS, a US-based company offering cloud-based software solutions for aircraft leasing and asset management, launched the LeaseWorks Utilization Tracker. This utilization records software for lessors streamlines the collection of usage records from airlines operating across multiple regions and asset groups. Lessors can ensure compliance by scrutinizing and auditing airline utilization data, comparing aircraft usage patterns to the fleet and regional trends, and tracking aircraft movements by country or city.
Acquisition News:
In October 2021, SMBC Aviation Capital, an Ireland-based aircraft leasing company, acquired Goshawk Management Ltd. for $6.7 billion. This strategic and complementary acquisition expanded SMBC Aviation Capital's ability to provide diverse and innovative solutions to its customers. Additionally, it facilitated the sector's transition to newer technology aircraft. Goshawk Management Ltd., an Ireland-based company, specializes in providing aircraft leasing services.
Regional Insights: Asia-Pacific emerged as the largest region in the aircraft leasing market in 2022. North America is expected to be the fastest-growing region during the forecast period. The report also covers other regions, including Western Europe, Eastern Europe, South America, Middle East, and Africa.
Key Players:
The aircraft leasing market includes major players such as AerCap Holdings N.V., Air Lease Corporation, BOC Aviation Limited, Aviation Capital Group LLC, BBAM LLC, GE Capital Aviation Services LLC, BBAM Aviation Services Limited, CIT Aerospace International, International Lease Finance Corporation, Dubai Aerospace Enterprise Ltd., Nordic Aviation Capital A/S, Avolon Holdings Limited, CIT Aerospace Inc., Industrial and Commercial Bank of China Limited, and Sumitomo Mitsui Finance and Leasing Company Limited.
Reasons to Purchase:
- Gain a global perspective with the most comprehensive report available, covering 50+ geographies.
- Understand the impact of COVID-19 on the market and its response as the situation improves.
- Assess the influence of the Russia-Ukraine war on agriculture, energy, mineral commodity supply, and its implications for the aircraft leasing market.
- Measure the market's response to high global inflation.
- Create regional and country strategies based on local data and analysis.
- Identify investment opportunities in growth segments.
- Outperform competitors using forecast data and market trends.
- Understand customer preferences based on the latest market shares.
- Benchmark performance against key competitors.
- Utilize reliable high-quality data and analysis for internal and external presentations.
Key Questions Answered:
- Where is the largest and fastest-growing market for aircraft leasing?
- How does the market relate to the overall economy, demography, and other similar markets?
- What forces will shape the market going forward?
The "Aircraft Leasing Global Market Report 2023" offers comprehensive insights and a complete perspective on the aircraft leasing market, empowering businesses to make informed decisions and capitalize on growth opportunities.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 175 |
| Forecast Period | 2023 - 2027 |
| Estimated Market Value (USD) in 2023 | $178.31 billion |
| Forecasted Market Value (USD) by 2027 | $247.4 billion |
| Compound Annual Growth Rate | 8.5% |
| Regions Covered | Global |
For more information about this report visit https://www.researchandmarkets.com/r/9u7t42
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