The global aircraft leasing market size is anticipated to reach over USD 453.2 billion by 2026 grow at 6.8% during the forecast period according to a new research published by Polaris Market Research. The report ‘Aircraft Leasing Market Share, Size, Trends, & Industry Analysis Report [By Lease Type (Dry Lease, Wet Lease) By Aircraft Type (Wide Body Aircraft, Narrow Body Aircraft) By Region]: Market Size & Forecast, 2020 – 2026’ provides a comprehensive analysis of present market insights and future market trends.
The increased air travel rate is fuming the demand for aircrafts, leading to a huge traction in the aircraft leasing market. Aircraft are leased for a substantial fee depending upon the type of lease, dry or wet. In dry leasing, the lessor offers the aircraft without crew members while in wet leasing aircrafts are offered along with trained crew, maintenance and insurance.
The demand for aircraft leasing has increased owing to increasing air traffic, and rising regulations. The growth in global aviation industry and increasing need for efficient aircrafts has resulted in the market growth. The rising demand for fuel-efficient commercial aircraft, attractive tax policies, and affordable lease rates further increase the adoption if aircraft leasing. Growing demand from emerging economies, and technological advancements are factors expected to provide numerous growth opportunities in the aircraft leasing industry during the forecast period.
The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global Aircraft Leasing Market, 2020-2026. This report comprises a detailed geographic distribution of the market across North America, Europe, Asia-Pacific, Latin America, and MEA. North America is further segmented into U.S., Canada, and Mexico. Europe is divided into Germany, UK, Italy, France, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.
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Europe generated the highest revenue in the aircraft leasing industry in 2019 owing to high disposable income and living standards in the region. Development of new aircrafts, increase in air traffic, operation of efficient commercial aircrafts, and technological advancements has resulted in increasing adoption of aircraft leasing in the region.
Competitive Landscape and Key Vendors
The global aircraft leasing industry is characterized by the presence of well-diversified international and small and medium-sized vendors. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.
The leading companies profiled in the report include Aviation Capital Group, Boeing Capital Corporation, Air Lease Corporation, International Lease Finance Corporation, BOC Aviation, SAAB Aircraft Leasing, AerCap, GE Capital Aviation Services, CIT Aerospace, Inc., and BBAM LLC.
Polaris Market Research has segmented the global aircraft leasing market report on the basis of lease type, aircraft type and Region:
Aircraft Leasing Lease Type Outlook (Revenue USD Billions 2015 – 2026)
- Dry Lease
- Wet Lease
Aircraft Leasing Type Outlook (Revenue USD Billions 2015 – 2026)
- Wide Body Aircraft
- Narrow Body Aircraft
Aircraft Leasing Regional Outlook (Revenue USD Billions 2015 – 2026)
- North America
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- Saudi Arabia
- South Africa