Market Overview

Global Air Charter Services Market 2018-2022| Innovative Additions to Charter Service Portals to Drive Growth| Technavio


The global air charter services market is expected to post a CAGR of
nearly 5% during the period 2018-2022, according to the latest
market research report by Technavio.

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Technavio has published a new market research report on the global air charter services market from  ...

Technavio has published a new market research report on the global air charter services market from 2018-2022. (Graphic: Business Wire)

A key factor driving the growth of the market is the increasing demand
for cargo charters. Some of the large charter operators across the globe
have reported robust demand for cargo charter. The upsurge in the air
cargo market is a positive prospect for air cargo providers and cargo
charter operators. This also leads to renewal of long-term charter
contracts. One of the major reasons for increasing demand for carter
cargo operators of the shipment of oversized and difficult to fit
products in comparison to the standard logistic containers and aircraft
used by air cargo operators.

This market research report on the global
air charter services market 2018-2022
also provides an analysis
of the most important trends expected to impact the market outlook
during the forecast period. Technavio classifies an emerging trend as a
major factor that has the potential to significantly impact the market
and contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time
market snapshot before purchasing

In this report, Technavio highlights the innovative additions to charter
service portals as one of the key emerging trends in the global air
charter services market:

Global air charter services market: Innovative
additions to charter service portals

Air charter booking websites have changed the whole scenario of private
jet booking making it as easy as booking a cab online. These online
platforms allow consumers to book a private jet in a quick and
easy-to-use manner by just selecting or entering a few required details
about the journey such as departure and arrival location and time, date
of journey, and number of passengers.

"In addition to instant bookings, these portals also offer other
information and tools to gain the required knowledge and make the
optimum decision as per the consumer requirement without involving a
middleman. This elimination of a middleman or agent also reduces the
cost significantly,"
says a senior analyst at Technavio for research
on aerospace.

Global air charter services market:
Segmentation analysis

This market research report segments the global air charter services
market by application (charter passenger and charter freight) and
geographical regions (APAC, EMEA, and the Americas).

The charter passenger segment held the largest market share in 2017,
accounting for nearly 65% of the market. This application segment is
expected to dominate the global market throughout the forecast period.

The Americas led the market in 2017 with a market share of nearly 43%.
The region is expected to dominate the market through 2022, however,
there will be a decrease in its market share by nearly 2%.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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