Aviation Asset Management Market

Aviation Asset Management Market Size By Service (Regulatory Certifications, Technical, and Leasing), By Type (Operating Lease, Sale & Lease Back, Direct Purchase, and Finance Lease), and By End-User (MRO Services and Commercial Platforms), Regions, Global Industry Analysis, Share, Growth, Trends, and Forecast 2024 to 2033

Base Year: 2023 Historical Data: 2020-22
  • Report ID: TBI-14015
  • Published Date: Jan, 2024
  • Pages: 237
  • Category: Information Technology & Semiconductors
  • Format: PDF
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The global aviation asset management market was valued at USD 321.3 billion in 2023, growing at a CAGR of 5.2% from 2024 to 2033. The market is expected to reach USD 533.4 billion by 2033. Increased air traffic, the procurement of new aircraft models with cutting-edge features, the growing significance of analytical solutions and competitive intelligence, and technological advancements contribute to the market's expansion. Increased airline passenger traffic, impending aircraft deliveries, and a demand for reduced fixed and variable management costs present investment opportunities.

Market Introduction:

The aviation asset management market comprises products and services that assist airlines and other aviation-related businesses manage their assets, such as aircraft, engines, and spare parts, throughout their lives. The market offers various services, including asset tracking and monitoring, asset purchase and disposition, repair and maintenance management, and fleet management and optimization. Aviation asset management seeks to ensure that aircraft are safe and compliant with the law and help businesses maximize the value of their assets while reducing expenses and risks. Among the main factors driving the market are the growing demand for flights and the complexity of aircraft operations, which necessitate creative preservation techniques. Large airlines operating in commercial airspace seek to outsource their aviation asset management services. Technological advancement is a significant trend that is gaining traction in the aviation asset management sector. Major players in the aviation asset management industry are focusing on new technologies to develop state-of-the-art asset management software systems to increase their market share.

Aviation Asset Management Market Size

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Recent Development

In 2022, Flydocs, a UK-based asset management solutions supplier, developed a financial asset management software system in collaboration with SGI Aviation Services, a Netherlands-based aviation asset management services provider. Flydocs' digital asset management tools will make this solution available to various aviation asset owners, optimizing asset value through technology and support.

In February 2022, AirAsia and Avalon, an Irish aircraft leasing company, agreed to lease a minimum of 100 VX4 eVTOL aircraft. This arrangement is expected to help the former transform air travel by improving passenger mobility in the air. This will help the airline and keep it competitive.

Market Dynamics:

Rise in air traffic- One important aspect that has propelled the market's expansion is the increase in air traffic. The International Civil Aviation Organisation (ICAO) projects that freight volume and passenger traffic will quadruple by 2035. Air travel is growing in popularity among passengers because of its comfort, convenience, and time-saving benefits and the middle-class population's increasing disposable income. People also travel by air because cheap plane tickets are readily available to popular tourist sites worldwide. Numerous governments are investing heavily in expanding the tourism industry and streamlining the procedure of obtaining a visa for foreign travellers.


Economic uncertainty- The overall status of the world economy greatly impacts the aircraft asset management industry. The aviation industry may be impacted by economic instability or volatility, which impacts the industry's need for asset management services. For example, a financial crisis or recession may result in airline bankruptcies and a decline in air travel demand, generating an excess of available aircraft and a decline in their value. As a result, aviation asset management companies may see a drop in revenue, which could restrict their capacity to create new goods or services.


Growing demand for aircraft leasing- The leasing of aeroplanes has grown significantly as airlines try to reduce expenses and focus on their core business operations. The increasing demand for aircraft leasing presents numerous opportunities for aviation asset management companies to expand their product offerings. Businesses that lease aircraft provide various services, such as purchasing, managing, and financing aircraft. Aviation asset management companies may be very important in leasing aircraft by providing services like aircraft appraisal, remarketing, and maintenance. These services are crucial to the survival of aeroplane leasing firms because they guarantee that the leased aircraft are maintained in high condition and remain attractive to future lessees.

Regional segmentation analysis:

The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. Asia Pacific emerged as the largest global aviation asset management market, with a 32.4% market revenue share in 2023.

Both governmental and commercial entities in developing countries are investing more in expanding their aircraft fleets and developing their aviation industries. For instance, India has lowered the customs tax on aircraft, engines, and parts production from 2.5% to 0% to position itself as the third-largest aviation market by 2024. The main authorities are also boosting their travel and tourism businesses by enacting helpful regulations and permitting foreign direct investments in the growing aviation sector. Through 2032, this is expected to support the expansion of the worldwide aviation asset management market.

Asia Pacific Region Aviation Asset Management Market Share in 2023 - 32.4%



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Service Segment Analysis

The service segment is divided into regulatory certifications, technical, and leasing. The leasing segment dominated the market, with a market share of around 42% in 2023. The large number of enterprises operating aircraft in commercial airspace and searching for ways to lease their aviation asset management services are expected to drive the segment's growth.

Type Segment Analysis

The type segment is divided into operating lease, sale & lease back, direct purchase, and finance lease. The direct purchase segment dominated the market, with a market share of around 33% in 2023. Throughout the forecast period, the direct purchase sector is expected to hold a significant market share due to the service providers' provision of a system with a range of features at reasonable rates.

End-User Segment Analysis

The end-user segment is divided into MRO services and commercial platforms. The commercial platforms segment dominated the market, with a market share of around 58% in 2023. The main factors driving the need for commercial platforms are the continuous rise in air traffic and the increased efforts made by the major powers to grow their respective countries' aircraft fleets to support economic development.

Some of the Key Market Players:
  • Aercap Holdings N.V.
  • Airbus Group
  • GA Telesis, LLC
  • Skyworks Capital, LLC
  • Cumen Aviation
  • Aerdata (Subsidiary of the Boeing Company)
  • Aviation Asset Management, Inc.
  • Charles Taylor Aviation (Asset Management) Ltd.
  • GE Capital Aviation Services (Subsidiary of General Electric Company)

Report Description:

Attribute Description
Market Size Revenue (USD Billion)
Market size value in 2023 USD 321.3 Billion
Market size value in 2033 USD 533.4 Billion
CAGR (2024 to 2033) 5.2%
Historical data 2020-2022
Base Year 2023
Forecast 2024-2033
Region The regions analyzed for the market are Asia Pacific, Europe, South America, North America, and Middle East & Africa. Furthermore, the regions are further analyzed at the country level.
Segments Service, Type, End-User

Frequesntly Asked Questions

As per The Brainy Insights, the size of the aviation asset management market was valued at USD 321.3 billion in 2023 to USD 533.4 billion by 2033.

The global aviation asset management market is growing at a CAGR of 5.2% during the forecast period 2024-2033.

Asia Pacific emerged as the largest aviation asset management market.

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This study forecasts global, regional, and country revenue from 2020 to 2033. The Brainy Insights has segmented the global aviation asset management market based on the below-mentioned segments:

Global Aviation Asset Management Market By Service:

  • Regulatory Certifications
  • Technical
  • Leasing 

Global Aviation Asset Management Market By Type:

  • Operating Lease
  • Sale & Lease Back
  • Direct Purchase
  • Finance Lease 

Global Aviation Asset Management Market By End-User:

  • MRO Services
  • Commercial Platforms 

Global Aviation Asset Management Market By Region:          

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
  • Asia-Pacific
    • Japan
    • China
    • India
  • South America
    • Brazil
  • Middle East and Africa  
    • UAE
    • South Africa


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