Air Charter Services Market
Air Charter Services Market Analysis by Private Charters, Group Charters, and Cargo Charters for Business/Corporates and Individuals from 2023 to 2033
Analysis of Air Charter Services Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Air Charter Services Market Outlook (2023-2033)
The air charter services market is expected to be worth US$ 31.9 billion by the end of 2023 and is projected to rise with a CAGR of 5.4% to reach a valuation of US$ 54.0 billion by 2033.
In 2022, the global air charter services market was valued at US$ 30.3 billion, which is around ~6% of the global airline industry.
Report Attributes |
Details |
Air Charter Services Market Size (2022A) |
US$ 30.3 Billion |
Estimated Market Value (2023E) |
US$ 31.9 Billion |
Forecasted Market Value (2033F) |
US$ 54.0 Billion |
Global Market Growth Rate (2023-2033) |
~5.4% CAGR |
North America Market Share (2022) |
~44.0% |
East Asia Market Growth Rate (2023-2033) |
~6.5% CAGR |
United States Market Growth Rate (2023-2033) |
~5.5% CAGR |
Key Companies Profiled |
|
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Burgeoning demand of air charter services from commercial sector
The ability of the charter plane to travel as per customer schedule, access to thousands of airports, and offering customized services will exhibit the demand for air charter services from the commercial sector. Hard-to-reach destinations in a given time could easily be achieved by the customers by opting air charter services.
Moreover, with the globalization of business worldwide, demand for group charters will be highly in demand in the commercial sector to offer quicker and timely access to the destination. The access to thousands of airports will make corporate professionals reach the closer location of their office by avoiding multiple long routes in commercial flights.
- Short Term (2023 Q1-2026): Post COVID-19, demand for air charter services has grown substantially among the customer who has better disposable income as they opt for safe travel practise and avoiding infectious diseases.
- Medium Term (2026-2029): Growing popularity of air cargo services worldwide and development in the e-commerce sector will be the leading factor attributing to the demand for air charter services worldwide.
- Long Term (2029-2033): With businesses gaining global exposure, demand for air charter services will be highly in demand from the corporate sector. Air charter services provide customized service, keeping consumer interest in the concern. Owing to this factor, these services will be highly in demand among people traveling for business operations.
North America and Europe to exhibit a leading share in the global air charter services market. Together these region holds more than 60% of share of the market.
The above image depicts the market share analysis of the global air charter services market based on application and region. The total addressable market value during 2023 is expected to be US$ 31.9 billion.
Factors driving the demand for Air Charter Services Market
“Growing demand for cargo charter services”
The demand for air charter services is growing due to the difficulty in the shipment of oversized and difficult-to-fit products in standard logistics containers and aircraft used by air cargo operators. This is resulting in demand for cargo charter services worldwide. Additionally, the air charter services are time and cost-efficient and provide easy and fast cargo delivery.
With the significant development of the e-commerce sector, demand for air charter services has grown. As cargo charter services are proving to be beneficial for the e-commerce sector to efficiently serve the global market and act as a promising option to fill the sudden demand for goods across the border. Owing to this factor, demand for air charter services has grown significantly across the globe.
“Customer-focused and customized service offering by market players”
Air charter services could be easily accessed by the customer remotely at any time with the use of online booking services and access to the internet. By just choosing or inputting a few necessary data regarding the route, like the departure and arrival location and times, the day of the flight, and the number of passengers, consumers may quickly and easily book a private jet on these online platforms.
For instance, companies for air charter booking like PrivateFly and BookMyCharters have completely transformed the way private jets are reserved, making the process as simple as calling a cab online.
In addition, these portals provide additional information and tools for rapid bookings so that customers may make the best choice possible without the need for a middleman.
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Key factor impeding the market growth
“High cost of air charter services and absence of skilled pilot”
Most of the air charter service providers have aircraft which run on fuel. Increasing prices of fuel will ultimately be transferred onto the customer while availing of air charter services, which hold about one-fourth of the total cost of air charter services. This might become a major factor that will hamper the demand for air charter services.
Additionally, the dearth of skilled pilots to operate aircraft might affect the market growth. As per Federal Aviation Administration, US, every year about 5,773 pilots are hitting the age of 65 in comparison to which hiring new pilot is low. Post-COVID-19, the aviation sector faced about 62% of shortage qualified pilots. This factor is likely to hamper the smooth operation, resulting in decreased revenue for air charter service providers.
Country-wise Insights
United States to hold largest share in North America region
The growing disposable income of the people in the economy is one of the leading factors attributing to the demand for air charter services in the country. Since, air charter services offer more access and flexibility to the customer than any other commercial airline, which attracts the focus of customers with good disposable income to travel as per their convenience.
Also, air charter services offer a sense of luxury to the customer with excessive comfort with negligible restrictions on carrying cargo and passengers. Due to this people with good disposable income are witnessed inclining towards air charter services.
Whereas, the United States is captured with various corporate offices and businesses having trade operations across the globe. Air charter services will be helpful in the trade operation of this business by offering customized cargo charter services to the businesses.
Chinese air charter services to grow with the highest CAGR
As businesses in China embrace more cost-effective travel policies for their high-flying leaders, demand for chartered private planes is skyrocketing. Demand for corporate jets has increased as a result of Chinese businesses' quick entry into foreign markets and their appeal as status symbols and modes of transportation.
However, many businesses have sold off their private planes and switched to more affordable charter jets as they become aware of their high cost of ownership as the economy slows down. Additionally, after 2020, business travel in China will change as a result of the country's economic recovery, leading to a rapid increase in the usage of private aircraft by rich corporations and people.
People with good disposable income have chosen charter plans to protect themselves from contracting the virus, in contrast to the quick outbreak of COVID-19.
Category-wise Insights
Group Charter to exhibit leading share in Air Charter Services Market
Group charter is the fastest, and most convenient travel option for corporate, sports, touring rock bands, and other groups of people. As it moves multiple people without the struggle of a mercantile flight at working at airports. The flight schedule for group air charters is malleable and tailored to their needs by providing the most advantageous departure and destination airports.
With the rising popularity of business events, sports events, and corporate travel worldwide, demand for group charter services is witnessed a significant rise. Additionally, it provides the operating authorities of these end-users complete control over their ongoing travel in comparison with scheduled services.
Business/Corporate holds the largest share in the end-user segment
Air charter services are beneficial for business and corporate trips as they can land in more airports than commercial airlines which offers passengers to reach a location that is close to their office and the destination they want to reach. Business or corporate employees avoid bondage with time and prefer to reach their destination by taking minimum time, therefore air charter services are highly in demand among them to travel with shorter and faster routes which generally commercial airlines do not offer.
These plans are specifically designed for the corporate customer with the advent of advanced technologies like Wi-Fi and other to accomplish business work while traveling. Owing to all these offering air charter services is in high demand from business/corporate sectors.
Competitive Landscape
Key market players offering air charter services are Air Charter Service India Pvt. Ltd., Gama Aviation, Air Partner, NetJets, Asia Jet Sdn Bhd, ASIAN SKY GROUP, BlueStar Air Services,European Air Charter, Flexjet LLC, GlobeAir AG, Jet Aviation AG, Luxaviation S.A., PrivateFly Ltd., Solairus Aviation, VistaJet Group Holding Ltd. and Wheels Up Partners LLC.
The market is highly fragmented with the presence of various large and small market players in the industry. These market players are taking favorable initiatives to establish their market presence worldwide and expand their service offerings.
For instance :
- In September 2022, Air Charter Service, a leading aircraft charter specialist announced the consolidation of its specialist urgent cargo products under a sub-brand called ACS time critical. Through this initiative, the company will offer go-now cargo aircraft charter services to the customer and provide door-to-door service to their client's urgent shipments.
- In December 2022, EaseMyTrip has announced the acquisition of air charter service provider Nutana Aviation.
Fact.MR has provided detailed information about the provider of air charter services market positioned across regions, revenue growth, and service offering expansion, in the recently published report.
Segmentation of the Air Charter Services Market :
-
By Application :
- Private Charter
- Group Charter
- Cargo Charter
-
By End-User :
- Business/Corporates
- Individuals
-
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa
Table of Content
1. Executive Summary - Global Market 2. Market Overview 2.1. Market Definition and Introduction 2.2. Market Taxonomy/ Research Scope 3. Market Characteristic – Bird Eye View 3.1. Number of Active Enterprises by Key Countries 3.2. Average Operating Margin 3.3. Threshold of Revenue Volatility 3.4. Consistency in Demand 3.5. Key Barriers to Entry 3.6. Key Customer Archetypes 4. Market Background and Foundation Data 4.1. Global Market Outlook Statistics (US$), 2018 – 2022 4.2. Offering & Adoption Analysis 4.3. Recent development in Market 4.4. Market Dynamics 4.4.1. Key Growth Drivers 4.4.2. Industry Challenges 4.4.3. Notable Current and Future Trends 4.5. Opportunity and White Space Assessment 4.5.1. Total Available Market (US$ Bn) 4.5.2. Serviceable Addressable Market (US$ Bn) 4.5.3. Serviceable Obtainable Market (US$ Bn) 4.6. Forecast and Macro-Economic Factors – Relevance and Impact 4.7. Key Success Factors and Winning Imperatives 5. Global Market Analysis and Forecast 5.1. Historical Market Value (US$ Bn) Analysis, 2018-2022 5.2. Current and Future Market Value (US$ Bn), 2023-2033 5.2.1. Y-o-Y Growth Trend Analysis 5.2.2. Absolute $ Opportunity Analysis 6. Global Market Analysis and Forecast, By Application 6.1. Introduction / Key Findings 6.2. Historical Market Size (US$ Bn) By Application, 2018-2022 6.3. Current and Future Market Size (US$ Bn) Forecast By Application, 2023-2033 6.3.1. Private Charter 6.3.2. Group Charter 6.3.3. Cargo Charter 6.4. Market Attractiveness Analysis By Application 7. Global Market Analysis and Forecast, By End-user 7.1. Introduction / Key Findings 7.2. Historical Market Size (US$ Bn) By End-user, 2018-2022 7.3. Current and Future Market Size (US$ Bn) Forecast By End-user, 2023-2033 7.3.1. Business/Corporates 7.3.2. Individuals 7.4. Market Attractiveness Analysis By End-user 8. Global Market Analysis and Forecast, By Region 8.1. Introduction 8.2. Historical Market Size (US$ Bn) By Region, 2018-2022 8.3. Current Market Size (US$ Bn) Forecast By Region, 2023-2033 8.3.1. North America 8.3.2. Latin America 8.3.3. Europe 8.3.4. East Asia 8.3.5. South Asia and Oceania 8.3.6. Middle East & Africa 8.4. Market Attractiveness Analysis By Region 9. North America Market Analysis and Forecast 9.1. Introduction / Key Findings 9.2. Historical Market Size (US$ Bn) Trend Analysis By Market Taxonomy, 2018-2022 9.3. Market Size (US$ Bn) Forecast By Market Taxonomy, 2023 - 2033 9.3.1. By Country 9.3.1.1. U.S. 9.3.1.2. Canada 9.3.2. By Application 9.3.3. By End-user 9.4. Market Attractiveness Analysis 9.4.1. By Country 9.4.2. By Application 9.4.3. By End-user 10. Latin America Market Analysis and Forecast 10.1. Introduction / Key Findings 10.2. Historical Market Size (US$ Bn) Trend Analysis By Market Taxonomy, 2018-2022 10.3. Market Size (US$ Bn) Forecast By Market Taxonomy, 2023 - 2033 10.3.1. By Country 10.3.1.1. Brazil 10.3.1.2. Mexico 10.3.1.3. Argentina 10.3.1.4. Peru 10.3.1.5. Rest of Latin America 10.3.2. By Application 10.3.3. By End-user 10.4. Market Attractiveness Analysis 10.4.1. By Country 10.4.2. By Application 10.4.3. By End-user 11. Europe Market Analysis and Forecast 11.1. Introduction / Key Findings 11.2. Historical Market Size (US$ Bn) Trend Analysis By Market Taxonomy, 2018-2022 11.3. Market Size (US$ Bn) Forecast By Market Taxonomy, 2023 - 2033 11.3.1. By Country 11.3.1.1. Germany 11.3.1.2. Italy 11.3.1.3. France 11.3.1.4. U.K. 11.3.1.5. Spain 11.3.1.6. BENELUX 11.3.1.7. NORDIC 11.3.1.8. Rest of Europe 11.3.2. By Application 11.3.3. By End-user 11.4. Market Attractiveness Analysis 11.4.1. By Country 11.4.2. By Application 11.4.3. By End-user 12. East Asia Market Analysis and Forecast 12.1. Introduction / Key Findings 12.2. Historical Market Size (US$ Bn) Trend Analysis By Market Taxonomy, 2018-2022 12.3. Market Size (US$ Bn) Forecast By Market Taxonomy, 2023 - 2033 12.3.1. By Country 12.3.1.1. China 12.3.1.2. Japan 12.3.1.3. South Korea 12.3.2. By Application 12.3.3. By End-user 12.4. Market Attractiveness Analysis 12.4.1. By Country 12.4.2. By Application 12.4.3. By End-user 13. South Asia & Oceania Market Analysis and Forecast 13.1. Introduction / Key Findings 13.2. Historical Market Size (US$ Bn) Trend Analysis By Market Taxonomy, 2018-2022 13.3. Market Size (US$ Bn) Forecast By Market Taxonomy, 2023 - 2033 13.3.1. By Country 13.3.1.1. India 13.3.1.2. Thailand 13.3.1.3. Indonesia 13.3.1.4. Malaysia 13.3.1.5. Australia 13.3.1.6. Rest of South Asia & Oceania 13.3.2. By Application 13.3.3. By End-user 13.4. Market Attractiveness Analysis 13.4.1. By Country 13.4.2. By Application 13.4.3. By End-user 14. Middle East & Africa Market Analysis and Forecast 14.1. Introduction / Key Findings 14.2. Historical Market Size (US$ Bn) Trend Analysis By Market Taxonomy, 2018-2022 14.3. Market Size (US$ Bn) Forecast By Market Taxonomy, 2023 - 2033 14.3.1. By Country 14.3.1.1. GCC Countries 14.3.1.2. Turkey 14.3.1.3. North African Region 14.3.1.4. South Africa 14.3.1.5. Rest of Middle East and Africa 14.3.2. By Application 14.3.3. By End-user 14.4. Market Attractiveness Analysis 14.4.1. By Country 14.4.2. By Application 14.4.3. By End-user 15. Country-level Market Analysis and Forecast 15.1. Introduction / Key Findings 15.1.1. Market Value Proportion Analysis, By Key Countries 15.1.2. Global Vs. Country Growth Comparison 15.2. US Market Analysis 15.2.1. Value Proportion Analysis By Market Taxonomy 15.2.2. Value (US$ Bn) Analysis and Forecast By Market Taxonomy, 2018-2033 15.2.2.1. By Application 15.2.2.2. By End-user 15.3. Canada Market Analysis 15.3.1. Value Proportion Analysis By Market Taxonomy 15.3.2. Value (US$ Bn) Analysis and Forecast By Market Taxonomy, 2018-2033 15.3.2.1. By Application 15.3.2.2. By End-user 15.4. Brazil Market Analysis 15.4.1. Value Proportion Analysis By Market Taxonomy 15.4.2. Value (US$ Bn) Analysis and Forecast By Market Taxonomy, 2018-2033 15.4.2.1. By Application 15.4.2.2. By End-user 15.5. Mexico Market Analysis 15.5.1. Value Proportion Analysis By Market Taxonomy 15.5.2. Value (US$ Bn) Analysis and Forecast By Market Taxonomy, 2018-2033 15.5.2.1. By Application 15.5.2.2. By End-user 15.6. Argentina Market Analysis 15.6.1. Value Proportion Analysis By Market Taxonomy 15.6.2. Value (US$ Bn) Analysis and Forecast By Market Taxonomy, 2018-2033 15.6.2.1. By Application 15.6.2.2. By End-user 15.7. Germany Market Analysis 15.7.1. Value Proportion Analysis By Market Taxonomy 15.7.2. Value (US$ Bn) Analysis and Forecast By Market Taxonomy, 2018-2033 15.7.2.1. By Application 15.7.2.2. By End-user 15.8. France Market Analysis 15.8.1. Value Proportion Analysis By Market Taxonomy 15.8.2. Value (US$ Bn) Analysis and Forecast By Market Taxonomy, 2018-2033 15.8.2.1. By Application 15.8.2.2. By End-user 15.9. Italy Market Analysis 15.9.1. Value Proportion Analysis By Market Taxonomy 15.9.2. Value (US$ Bn) Analysis and Forecast By Market Taxonomy, 2018-2033 15.9.2.1. By Application 15.9.2.2. By End-user 15.10. Spain Market Analysis 15.10.1. Value Proportion Analysis By Market Taxonomy 15.10.2. Value (US$ Bn) Analysis and Forecast By Market Taxonomy, 2018-2033 15.10.2.1. By Application 15.10.2.2. By End-user 15.11. Peru Market Analysis 15.11.1. Value Proportion Analysis By Market Taxonomy 15.11.2. Value (US$ Bn) Analysis and Forecast By Market Taxonomy, 2018-2033 15.11.2.1. By Application 15.11.2.2. By End-user 15.12. NORDIC Market Analysis 15.12.1. Value Proportion Analysis By Market Taxonomy 15.12.2. Value (US$ Bn) Analysis and Forecast By Market Taxonomy, 2018-2033 15.12.2.1. By Application 15.12.2.2. By End-user 15.13. BENELUX Market Analysis 15.13.1. Value Proportion Analysis By Market Taxonomy 15.13.2. Value (US$ Bn) Analysis and Forecast By Market Taxonomy, 2018-2033 15.13.2.1. By Application 15.13.2.2. By End-user 15.14. U.K. Market Analysis 15.14.1. Value Proportion Analysis By Market Taxonomy 15.14.2. Value (US$ Bn) Analysis and Forecast By Market Taxonomy, 2018-2033 15.14.2.1. By Application 15.14.2.2. By End-user 15.15. China Market Analysis 15.15.1. Value Proportion Analysis By Market Taxonomy 15.15.2. Value (US$ Bn) Analysis and Forecast By Market Taxonomy, 2018-2033 15.15.2.1. By Application 15.15.2.2. By End-user 15.16. Japan Market Analysis 15.16.1. Value Proportion Analysis By Market Taxonomy 15.16.2. Value (US$ Bn) Analysis and Forecast By Market Taxonomy, 2018-2033 15.16.2.1. By Application 15.16.2.2. By End-user 15.17. South Korea Market Analysis 15.17.1. Value Proportion Analysis By Market Taxonomy 15.17.2. Value (US$ Bn) Analysis and Forecast By Market Taxonomy, 2018-2033 15.17.2.1. By Application 15.17.2.2. By End-user 15.18. India Market Analysis 15.18.1. Value Proportion Analysis By Market Taxonomy 15.18.2. Value (US$ Bn) Analysis and Forecast By Market Taxonomy, 2018-2033 15.18.2.1. By Application 15.18.2.2. By End-user 15.19. ASEAN Countries Market Analysis 15.19.1. Value Proportion Analysis By Market Taxonomy 15.19.2. Value (US$ Bn) Analysis and Forecast By Market Taxonomy, 2018-2033 15.19.2.1. By Application 15.19.2.2. By End-user 15.20. GCC Countries Market Analysis 15.20.1. Value Proportion Analysis By Market Taxonomy 15.20.2. Value (US$ Bn) Analysis and Forecast By Market Taxonomy, 2018-2033 15.20.2.1. By Application 15.20.2.2. By End-user 15.21. Turkey Market Analysis 15.21.1. Value Proportion Analysis By Market Taxonomy 15.21.2. Value (US$ Bn) Analysis and Forecast By Market Taxonomy, 2018-2033 15.21.2.1. By Application 15.21.2.2. By End-user 15.22. South Africa Market Analysis 15.22.1. Value Proportion Analysis By Market Taxonomy 15.22.2. Value (US$ Bn) Analysis and Forecast By Market Taxonomy, 2018-2033 15.22.2.1. By Application 15.22.2.2. By End-user 16. Market Structure Analysis 16.1. Market Analysis By Tier of Companies 16.2. Market Concentration of Players 16.3. Market Share Analysis of Top Players 17. Competition Analysis 17.1. Competition Dashboard 17.2. Competition Deep Dive / Company Profiles: Market 17.2.1. Air Charter Service India Pvt. Ltd. 17.2.1.1. Overview 17.2.1.2. Service Portfolio 17.2.1.3. Key Financials 17.2.1.4. SWOT Analysis 17.2.1.5. Key Developments 17.2.1.6. Strategy Overview 17.2.2. Gama Aviation 17.2.2.1. Overview 17.2.2.2. Service Portfolio 17.2.2.3. Key Financials 17.2.2.4. SWOT Analysis 17.2.2.5. Key Developments 17.2.2.6. Strategy Overview 17.2.3. Air Partner 17.2.3.1. Overview 17.2.3.2. Service Portfolio 17.2.3.3. Key Financials 17.2.3.4. SWOT Analysis 17.2.3.5. Key Developments 17.2.3.6. Strategy Overview 17.2.4. NetJets 17.2.4.1. Overview 17.2.4.2. Service Portfolio 17.2.4.3. Key Financials 17.2.4.4. SWOT Analysis 17.2.4.5. Key Developments 17.2.4.6. Strategy Overview 17.2.5. Asia Jet Sdn Bhd 17.2.5.1. Overview 17.2.5.2. Service Portfolio 17.2.5.3. Key Financials 17.2.5.4. SWOT Analysis 17.2.5.5. Key Developments 17.2.5.6. Strategy Overview 17.2.6. ASIAN SKY GROUP 17.2.6.1. Overview 17.2.6.2. Service Portfolio 17.2.6.3. Key Financials 17.2.6.4. SWOT Analysis 17.2.6.5. Key Developments 17.2.6.6. Strategy Overview 17.2.7. BlueStar Air Services 17.2.7.1. Overview 17.2.7.2. Service Portfolio 17.2.7.3. Key Financials 17.2.7.4. SWOT Analysis 17.2.7.5. Key Developments 17.2.7.6. Strategy Overview 17.2.8. European Air Charter 17.2.8.1. Overview 17.2.8.2. Service Portfolio 17.2.8.3. Key Financials 17.2.8.4. SWOT Analysis 17.2.8.5. Key Developments 17.2.8.6. Strategy Overview 17.2.9. Flexjet LLC 17.2.9.1. Overview 17.2.9.2. Service Portfolio 17.2.9.3. Key Financials 17.2.9.4. SWOT Analysis 17.2.9.5. Key Developments 17.2.9.6. Strategy Overview 17.2.10. GlobeAir AG 17.2.10.1. Overview 17.2.10.2. Service Portfolio 17.2.10.3. Key Financials 17.2.10.4. SWOT Analysis 17.2.10.5. Key Developments 17.2.10.6. Strategy Overview 17.2.11. Jet Aviation AG 17.2.11.1. Overview 17.2.11.2. Service Portfolio 17.2.11.3. Key Financials 17.2.11.4. SWOT Analysis 17.2.11.5. Key Developments 17.2.11.6. Strategy Overview 17.2.12. Luxaviation S.A. 17.2.12.1. Overview 17.2.12.2. Service Portfolio 17.2.12.3. Key Financials 17.2.12.4. SWOT Analysis 17.2.12.5. Key Developments 17.2.12.6. Strategy Overview 17.2.13. PrivateFly Ltd. 17.2.13.1. Overview 17.2.13.2. Service Portfolio 17.2.13.3. Key Financials 17.2.13.4. SWOT Analysis 17.2.13.5. Key Developments 17.2.13.6. Strategy Overview 17.2.14. Solairus Aviation 17.2.14.1. Overview 17.2.14.2. Service Portfolio 17.2.14.3. Key Financials 17.2.14.4. SWOT Analysis 17.2.14.5. Key Developments 17.2.14.6. Strategy Overview 17.2.15. VistaJet Group Holding Ltd. 17.2.15.1. Overview 17.2.15.2. Service Portfolio 17.2.15.3. Key Financials 17.2.15.4. SWOT Analysis 17.2.15.5. Key Developments 17.2.15.6. Strategy Overview 17.2.16. Wheels Up Partners LLC 17.2.16.1. Overview 17.2.16.2. Service Portfolio 17.2.16.3. Key Financials 17.2.16.4. SWOT Analysis 17.2.16.5. Key Developments 17.2.16.6. Strategy Overview 17.2.17. Other Key Players 17.2.17.1. Overview 17.2.17.2. Service Portfolio 17.2.17.3. Key Financials 17.2.17.4. SWOT Analysis 17.2.17.5. Key Developments 17.2.17.6. Strategy Overview 18. Assumptions & Acronyms Used 19. Research Methodology
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List Of Table
Table 01. Global Market Value (US$ Billion) and Forecast By Region, 2018-2022
Table 02. Global Market Value (US$ Billion) and Forecast By Region, 2023-2033
Table 03. Global Market Value (US$ Billion) and Forecast By Application, 2018-2022
Table 04. Global Market Value (US$ Billion) and Forecast By Application, 2023-2033
Table 05. Global Market Value (US$ Billion) and Forecast By End-user, 2018-2022
Table 06. Global Market Value (US$ Billion) and Forecast By End-user, 2023-2033
Table 07. North America Market Value (US$ Billion) and Forecast By Country, 2018-2022
Table 08. North America Market Value (US$ Billion) and Forecast By Country, 2023-2033
Table 09. North America Market Value (US$ Billion) and Forecast By Application, 2018-2022
Table 10. North America Market Value (US$ Billion) and Forecast By Application, 2023-2033
Table 11. North America Market Value (US$ Billion) and Forecast By End-user, 2018-2022
Table 12. North America Market Value (US$ Billion) and Forecast By End-user, 2023-2033
Table 13. Latin America Market Value (US$ Billion) and Forecast By Country, 2018-2022
Table 14. Latin America Market Value (US$ Billion) and Forecast By Country, 2023-2033
Table 15. Latin America Market Value (US$ Billion) and Forecast By Application, 2018-2022
Table 16. Latin America Market Value (US$ Billion) and Forecast By Application, 2023-2033
Table 17. Latin America Market Value (US$ Billion) and Forecast By End-user, 2018-2022
Table 18. Latin America Market Value (US$ Billion) and Forecast By End-user, 2023-2033
Table 19. Europe Market Value (US$ Billion) and Forecast By Country, 2018-2022
Table 20. Europe Market Value (US$ Billion) and Forecast By Country, 2023-2033
Table 21. Europe Market Value (US$ Billion) and Forecast By Application, 2018-2022
Table 22. Europe Market Value (US$ Billion) and Forecast By Application, 2023-2033
Table 23. Europe Market Value (US$ Billion) and Forecast By End-user, 2018-2022
Table 24. Europe Market Value (US$ Billion) and Forecast By End-user, 2023-2033
Table 25. East Asia Market Value (US$ Billion) and Forecast By Country, 2018-2022
Table 26. East Asia Market Value (US$ Billion) and Forecast By Country, 2023-2033
Table 27. East Asia Market Value (US$ Billion) and Forecast By Application, 2023-2033
Table 28. East Asia Market Value (US$ Billion) and Forecast By Application, 2023-2033
Table 29. East Asia Market Value (US$ Billion) and Forecast By End-user, 2018-2022
Table 30. East Asia Market Value (US$ Billion) and Forecast By End-user, 2023-2033
Table 31. South Asia & Oceania Market Value (US$ Billion) and Forecast By Country, 2018-2022
Table 32. South Asia & Oceania Market Value (US$ Billion) and Forecast By Country, 2023-2033
Table 33. South Asia & Oceania Market Value (US$ Billion) and Forecast By Application, 2018-2022
Table 34. South Asia & Oceania Market Value (US$ Billion) and Forecast By Application, 2023-2033
Table 35. South Asia & Oceania Market Value (US$ Billion) and Forecast By End-user, 2018-2022
Table 36. South Asia & Oceania Market Value (US$ Billion) and Forecast By End-user, 2023-2033
Table 37. Middle East & Africa Market Value (US$ Billion) and Forecast By Country, 2018-2022
Table 38. Middle East & Africa Market Value (US$ Billion) and Forecast By Country, 2023-2033
Table 39. Middle East & Africa Market Value (US$ Billion) and Forecast By Application, 2018-2022
Table 40. Middle East & Africa Market Value (US$ Billion) and Forecast By Application, 2023-2033
Table 41. Middle East & Africa Market Value (US$ Billion) and Forecast By End-user, 2018-2022
Table 42. Middle East & Africa Market Value (US$ Billion) and Forecast By End-user, 2023-2033
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List Of Figures
Figure 01. Global Market Value (US$ Billion) Forecast, 2023-2033
Figure 02. Global Market Absolute $ Opportunity (US$ Billion), 2023-2033
Figure 03. Global Market Value (US$ Billion) By Region, 2023 & 2033
Figure 04. Global Market Y-o-Y Growth Rate By Region, 2023-2033
Figure 05. Global Market Value (US$ Billion) By Application, 2023 & 2033
Figure 06. Global Market Y-o-Y Growth Rate By Application, 2023-2033
Figure 07. Global Market Value (US$ Billion) By End-user, 2023 & 2033
Figure 08. Global Market Y-o-Y Growth Rate By End-user, 2023-2033
Figure 09. North America Market Value (US$ Billion) Forecast, 2023-2033
Figure 10. North America Market Absolute $ Opportunity (US$ Billion), 2023-2033
Figure 11. North America Market Value (US$ Billion) By Country, 2023 & 2033
Figure 12. North America Market Y-o-Y Growth Rate By Country, 2023-2033
Figure 13. North America Market Value (US$ Billion) By Application, 2023 & 2033
Figure 14. North America Market Y-o-Y Growth Rate By Application, 2023-2033
Figure 15. North America Market Value (US$ Billion) By End-user, 2023 & 2033
Figure 16. North America Market Y-o-Y Growth Rate By End-user, 2023-2033
Figure 17. North America Market Attractiveness Analysis By Country, 2023-2033
Figure 18. North America Market Attractiveness Analysis By Application, 2023-2033
Figure 19. North America Market Attractiveness Analysis By End-user, 2023-2033
Figure 20. Latin America Market Value (US$ Billion) Forecast, 2023-2033
Figure 21. Latin America Market Absolute $ Opportunity (US$ Billion), 2023-2033
Figure 22. Latin America Market Value (US$ Billion) By Country, 2023 & 2033
Figure 23. Latin America Market Y-o-Y Growth Rate By Country, 2023-2033
Figure 24. Latin America Market Value (US$ Billion) By Application, 2023 & 2033
Figure 25. Latin America Market Y-o-Y Growth Rate By Application, 2023-2033
Figure 26. Latin America Market Value (US$ Billion) By End-user, 2023 & 2033
Figure 27. Latin America Market Y-o-Y Growth Rate By End-user, 2023-2033
Figure 28. Latin America Market Attractiveness Analysis By Country, 2023-2033
Figure 29. Latin America Market Attractiveness Analysis By Application, 2023-2033
Figure 30. Latin America Market Attractiveness Analysis By End-user, 2023-2033
Figure 31. Latin America Market Y-o-Y Growth Rate By End-user, 2023-2033
Figure 32. Europe Market Value (US$ Billion) Forecast, 2023-2033
Figure 33. Europe Market Absolute $ Opportunity (US$ Billion), 2023-2033
Figure 34. Europe Market Value (US$ Billion) By Country, 2023 & 2033
Figure 35. Europe Market Y-o-Y Growth Rate By Country, 2023-2033
Figure 36. Europe Market Value (US$ Billion) By Application, 2023 & 2033
Figure 37. Europe Market Y-o-Y Growth Rate By Application, 2023-2033
Figure 38. Europe Market Value (US$ Billion) By End-user, 2023 & 2033
Figure 39. Europe Market Y-o-Y Growth Rate By End-user, 2023-2033
Figure 40. Europe Market Attractiveness Analysis By Country, 2023-2033
Figure 41. Europe Market Attractiveness Analysis By Application, 2023-2033
Figure 42. Europe Market Attractiveness Analysis By End-user, 2023-2033
Figure 43. East Asia Market Value (US$ Billion) Forecast, 2023-2033
Figure 44. East Asia Market Absolute $ Opportunity (US$ Billion), 2023-2033
Figure 45. East Asia Market Value (US$ Billion) By Country, 2023 & 2033
Figure 46. East Asia Market Y-o-Y Growth Rate By Country, 2023-2033
Figure 47. East Asia Market Value (US$ Billion) By Application, 2023 & 2033
Figure 48. East Asia Market Y-o-Y Growth Rate By Application, 2023-2033
Figure 49. East Asia Market Value (US$ Billion) By End-user, 2023 & 2033
Figure 50. East Asia Market Y-o-Y Growth Rate By End-user, 2023-2033
Figure 51. East Asia Market Attractiveness Analysis By Country, 2023-2033
Figure 52. East Asia Market Attractiveness Analysis By Application, 2023-2033
Figure 53. East Asia Market Attractiveness Analysis By End-user, 2023-2033
Figure 54. South Asia & Oceania Market Value (US$ Billion) Forecast, 2023-2033
Figure 55. South Asia & Oceania Market Absolute $ Opportunity (US$ Billion), 2023-2033
Figure 56. South Asia & Oceania Market Value (US$ Billion) By Country, 2023 & 2033
Figure 57. South Asia & Oceania Market Y-o-Y Growth Rate By Country, 2023-2033
Figure 58. South Asia & Oceania Market Value (US$ Billion) By Application, 2023 & 2033
Figure 59. South Asia & Oceania Market Y-o-Y Growth Rate By Application, 2023-2033
Figure 60. South Asia & Oceania Market Value (US$ Billion) By End-user, 2023 & 2033
Figure 61. South Asia & Oceania Market Y-o-Y Growth Rate By End-user, 2023-2033
Figure 62. South Asia & Oceania Market Attractiveness Analysis By Country, 2023-2033
Figure 63. South Asia & Oceania Market Attractiveness Analysis By Application, 2023-2033
Figure 64. South Asia & Oceania Market Attractiveness Analysis By End-user, 2023-2033
Figure 65. Middle East & Africa Market Value (US$ Billion) Forecast, 2023-2033
Figure 66. Middle East & Africa Market Absolute $ Opportunity (US$ Billion), 2023-2033
Figure 67. Middle East & Africa Market Value (US$ Billion) By Country, 2023 & 2033
Figure 68. Middle East & Africa Market Y-o-Y Growth Rate By Country, 2023-2033
Figure 69. Middle East & Africa Market Value (US$ Billion) By Application, 2023 & 2033
Figure 70. Middle East & Africa Market Y-o-Y Growth Rate By Application, 2023-2033
Figure 71. Middle East & Africa Market Value (US$ Billion) By End-user, 2023 & 2033
Figure 72. Middle East & Africa Market Y-o-Y Growth Rate By End-user, 2023-2033
Figure 73. Middle East & Africa Market Attractiveness Analysis By Country, 2023-2033
Figure 74. Middle East & Africa Market Attractiveness Analysis By Application, 2023-2033
Figure 75. Middle East & Africa Market Attractiveness Analysis By End-user, 2023-2033
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- FAQs -
What is the global market size of the air charter services market?
The global air charter services market is expected to be valued at US$ 31.9 billion in 2023.
Which country is set to witness the highest growth rate during the forecast period?
China’s air charter services market is expected to grow to the highest CAGR of 6.9% through 2033.
Which region holds the largest share of the air charter services market?
North America to exhibit a leading share with 44.0% of the air charter services market.
Which application segment accounts for the most demand for air charter services?
Group charter accounts for the leading share of approximately 53.0% during 2022.
How did the market for air charter services performed during the historic period?
From 2018 to 2022, the market revenue of air charter services increased at a CAGR of 4.5%.