The Air Charter Services Global Market Report 2023, provides comprehensive information on the air charter services market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Air Charter Services Global Market Report 2023, the global air charter services market is expected to grow from $27.88 billion in 2022 to $29.65 billion in 2023 at a compound annual growth rate (CAGR) of 6.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The air charter services market is expected to reach $36.11 billion in 2027 at a CAGR of 5.1%.
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Product innovation has emerged as a key trend gaining popularity in the air charter services market. Major market players are concentrating their efforts on creating innovative products to strengthen their position in the market. For instance, in October 2022, Air Charter Services, a UK-based air charter company, launched a dedicated time-critical division to consolidate its various services for urgent shipment requests. Several current services are combined under the new air charter services time-critical sub-brand to offer multiple services and a complete door-to-door solution. The new air charter service (ACS) critical time offers integrated trucking solutions, go-now cargo airplane charters with the onboard courier (OBC), and next-flight-out alternatives.
The air charter services market is segmented:
1) By Type: Business Charter Services, Private Charter Services
2) By Aircraft Type: Private Jets, Helicopters, Turbo-props, Wide-Body Aircraft
3) By Application: Charter Passenger, Charter Freight
4) By End-User: Business Travelers, Leisure Travelers, Government And Diplomatic Entities, Sports Teams And Entertainment Industry
North America was the largest region in the air charter services market in 2022.
The table of contents in TBRC’s air charter services market report includes:
- Executive Summary
- Air Charter Services Market Characteristics
- Air Charter Services Market Trends And Strategies
- Air Charter Services Market – Macro Economic Scenario
- Global Air Charter Services Market Size and Growth
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- Global Air Charter Services Market Competitive Benchmarking
- Global Air Charter Services Market Competitive Dashboard
- Key Mergers And Acquisitions In The Air Charter Services Market
- Air Charter Services Market Future Outlook and Potential Analysis
- Appendix
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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