Aviation Asset Management Market Worth 229.04 Billion USD by 2022

Wednesday, May 3, 2017

Pune: The aviation asset management market is projected to grow from USD 171.72 Billion in 2016 to USD 229.04 Billion by 2022, at a CAGR of 4.92% from 2017 to 2022 according to a report published by MarketsandMarkets. The objectives of this study are to analyze the aviation asset management market, along with the statistics from 2015 to 2022 as well as to define, describe, and forecast the aviation asset management market on the basis of end use, service type, and region. The year 2016 has been considered as the base year, whereas, 2017 to 2022 has been considered as the forecast period for the market study.

The research methodology used to estimate and forecast the aviation asset management market begins with capturing data on key aviation asset management equipment revenues through secondary sources, such as International Air Transport Association (IATA), Federal Aviation Administration (FAA), European Aviation Safety Agency (EASA), and paid databases. The aviation asset management offerings are also taken into consideration to determine the market segmentation. The bottom-up procedure was employed to arrive at the overall aviation asset management market size from the revenue of key players in the market.

After arriving at the overall market size, the total market was split into several segments and subsegments, which were then verified through primary research by conducting extensive interviews with key people, such as CEOs, VPs, directors, and executives. These data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all the segments and subsegments.

The aviation asset management ecosystem comprises companies such as GE Capital Aviation Services (U.S.), AerData (U.S.), and Airbus Group (Netherlands), among others.

Target Audience for this Report are Software Providers. Airline Operators, System Integrators, Potential Investors (Venture Capitalists), Original Equipment Manufacturers (OEMs), Research Institutes and Organizations and Regulatory Bodies, such as Federal Aviation Administration (FAA). “The study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years for prioritizing the efforts and investments.” according to the publisher. More details are available in the link: http://www.marketsandmarkets.com/Market-Reports/aviation-asset-managemen...