Used Aircraft Market to grow at a CAGR of 7.02% from 2021 to 2026 | Airbus SE, BN Group Ltd., Bombardier Inc., and more to emerge as key players -Technavio

NEW YORK, July 18, 2023 -- The used aircraft market size is estimated to grow by USD 1.34 billion from 2021 to 2026, at a CAGR of 7.02% according to Technavio.The growing competition in the market is compelling vendors to adopt various growth strategies, such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market's competitive landscape and offers information on several market vendors, including Airbus SE, BN Group Ltd., Bombardier Inc., Breezer Aircraft GmbH and Co. KG, Cirrus Design Corp., Dassault Aviation SA, Deutsche Aircraft GmbH, Diamond Aircraft Industries GmbH, Embraer SA, General Dynamics Corp., Lancair International LLC, Piper Deutschland AG, and Textron Inc. Download a Sample Report Now!

Used Aircraft Market Market Insights -

• Vendors: 15+, Including Airbus SE, BN Group Ltd., Bombardier Inc., Breezer Aircraft GmbH and Co. KG, Cirrus Design Corp., Dassault Aviation SA, Deutsche Aircraft GmbH, Diamond Aircraft Industries GmbH, Embraer SA, General Dynamics Corp., Lancair International LLC, Piper Deutschland AG, and Textron Inc., among others
• Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
• Segments: Product (0-15 yr, 16-30 yr, and more than 30 yr) and Geography (North America, Europe, APAC, South America, and Middle East and Africa)

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Major Drivers - The growth in the number of low-cost carriers drives the used aircraft market during the forecast period. Low-cost carriers charge low fares that are beneficial for consumers traveling on a budget. The number of low-cost carriers such as Indigo, Southwest Airlines, AirAsia, and SpiceJet has increased due to high demand from developing countries such as India and China. Furthermore, they have low ticket rates, and purchasing new flights can cut their profit margins. Hence, such factors boost the market growth during the forecast period.

Significant Trends -Increasing demand from developing countries is an emerging trend in the used aircraft market during the forecast period. Globalization considerably increases cross-country travel for various business purposes, which is a major factor driving the global used aircraft. The number of high-net-worth individuals (HNWIs) in China increased nine-fold over the last decade. In order to capitalize on this potential demand, the company such as Bombardier is increasing the stock of used aircraft in the region. Hence, such trends fuel the market growth during the forecast period.

Key challenges - High maintenance and operation cost challenges the growth of the used aircraft market during the forecast period. Maintenance checks have various stages. These trained operators or MRO organizations follow using a preset document. Such tests that must be completed and certified before each trip incur high costs for the vendors. But due to the increasing age of aircraft, the maintenance costs become unpredictable. Hence, such challenges impede market growth during the forecast period.

Drivers, Trends, and Challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

The used aircraft market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

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What are the key data covered in this used aircraft market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the used aircraft market between 2022 and 2026
• Precise estimation of the size of the used aircraft market and its contribution to the market with a focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the used aircraft market across North America, Europe, APAC, South America, and Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of used aircraft market vendors

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Table of Contents

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Product

• 5.1 Market segments
• Exhibit 24: Chart on Product - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Product - Market share 2021-2026 (%)

• 5.2 Comparison by Product 
• Exhibit 26: Chart on Comparison by Product
• Exhibit 27: Data Table on Comparison by Product

• 5.3 0-15 yr - Market size and forecast 2021-2026 
• Exhibit 28: Chart on 0-15 yr - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on 0-15 yr - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on 0-15 yr - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on 0-15 yr - Year-over-year growth 2021-2026 (%)

• 5.4 16-30 yr - Market size and forecast 2021-2026 
• Exhibit 32: Chart on 16-30 yr - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on 16-30 yr - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on 16-30 yr - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on 16-30 yr - Year-over-year growth 2021-2026 (%)

• 5.5 More than 30 yr - Market size and forecast 2021-2026 
• Exhibit 36: Chart on More than 30 yr - Market size and forecast 2021-2026 ($ million)
• Exhibit 37: Data Table on More than 30 yr - Market size and forecast 2021-2026 ($ million)
• Exhibit 38: Chart on More than 30 yr - Year-over-year growth 2021-2026 (%)
• Exhibit 39: Data Table on More than 30 yr - Year-over-year growth 2021-2026 (%)

• 5.6 Market opportunity by Product 
• Exhibit 40: Market opportunity by Product ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview 
• Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation 
• Exhibit 42: Chart on Market share by geography 2021-2026 (%)
• Exhibit 43: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison 
• Exhibit 44: Chart on Geographic comparison
• Exhibit 45: Data Table on Geographic comparison

• 7.3 North America - Market size and forecast 2021-2026 
• Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.4 Europe - Market size and forecast 2021-2026 
• Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.5 APAC - Market size and forecast 2021-2026 
• Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.6 South America - Market size and forecast 2021-2026 
• Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa - Market size and forecast 2021-2026 
• Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026 
• Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 Canada - Market size and forecast 2021-2026 
• Exhibit 70: Chart on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on Canada - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on Canada - Year-over-year growth 2021-2026 (%)

• 7.10 China - Market size and forecast 2021-2026 
• Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.11 Germany - Market size and forecast 2021-2026 
• Exhibit 78: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.12 France - Market size and forecast 2021-2026 
• Exhibit 82: Chart on France - Market size and forecast 2021-2026 ($ million)
• Exhibit 83: Data Table on France - Market size and forecast 2021-2026 ($ million)
• Exhibit 84: Chart on France - Year-over-year growth 2021-2026 (%)
• Exhibit 85: Data Table on France - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography 
• Exhibit 86: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges 
• Exhibit 87: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape
• Exhibit 88: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption
• Exhibit 89: Overview on factors of disruption

• 9.4 Industry risks
• Exhibit 90: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 91: Vendors covered

• 10.2 Market positioning of vendors 
• Exhibit 92: Matrix on vendor position and classification

• 10.3 Airbus SE
• Exhibit 93: Airbus SE - Overview
• Exhibit 94: Airbus SE - Business segments
• Exhibit 95: Airbus SE - Key news
• Exhibit 96: Airbus SE - Key offerings
• Exhibit 97: Airbus SE - Segment focus

• 10.4 BN Group Ltd.
• Exhibit 98: BN Group Ltd. - Overview
• Exhibit 99: BN Group Ltd. - Product / Service
• Exhibit 100: BN Group Ltd. - Key offerings

• 10.5 Bombardier Inc.
• Exhibit 101: Bombardier Inc. - Overview
• Exhibit 102: Bombardier Inc. - Product / Service
• Exhibit 103: Bombardier Inc. - Key offerings

• 10.6 Cirrus Design Corp.
• Exhibit 104: Cirrus Design Corp. - Overview
• Exhibit 105: Cirrus Design Corp. - Product / Service
• Exhibit 106: Cirrus Design Corp. - Key offerings

• 10.7 Dassault Aviation SA
• Exhibit 107: Dassault Aviation SA - Overview
• Exhibit 108: Dassault Aviation SA - Product / Service
• Exhibit 109: Dassault Aviation SA - Key offerings

• 10.8 Deutsche Aircraft GmbH 
• Exhibit 110: Deutsche Aircraft GmbH - Overview
• Exhibit 111: Deutsche Aircraft GmbH - Product / Service
• Exhibit 112: Deutsche Aircraft GmbH - Key offerings

• 10.9 Diamond Aircraft Industries GmbH 
• Exhibit 113: Diamond Aircraft Industries GmbH - Overview
• Exhibit 114: Diamond Aircraft Industries GmbH - Product / Service
• Exhibit 115: Diamond Aircraft Industries GmbH - Key offerings

• 10.10 Embraer SA
• Exhibit 116: Embraer SA - Overview
• Exhibit 117: Embraer SA - Business segments
• Exhibit 118: Embraer SA - Key offerings
• Exhibit 119: Embraer SA - Segment focus

• 10.11 General Dynamics Corp. 
• Exhibit 120: General Dynamics Corp. - Overview
• Exhibit 121: General Dynamics Corp. - Business segments
• Exhibit 122: General Dynamics Corp. - Key news
• Exhibit 123: General Dynamics Corp. - Key offerings
• Exhibit 124: General Dynamics Corp. - Segment focus

• 10.12 Textron Inc.
• Exhibit 125: Textron Inc. - Overview
• Exhibit 126: Textron Inc. - Business segments
• Exhibit 127: Textron Inc. - Key news
• Exhibit 128: Textron Inc. - Key offerings
• Exhibit 129: Textron Inc. - Segment focus

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist 
• Exhibit 130: Inclusions checklist
• Exhibit 131: Exclusions checklist

• 11.3 Currency conversion rates for US$ 
• Exhibit 132: Currency conversion rates for US$

• 11.4 Research methodology
• Exhibit 133: Research methodology
• Exhibit 134: Validation techniques employed for market sizing
• Exhibit 135: Information sources

• 11.5 List of abbreviations 
• Exhibit 136: List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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