What is Aviation Consulting Service Market?
The global aviation consulting service market is expected to grow at a significant rate during the forecast period, according to the AMA study. The rapid growth in number of COVID-19 suspects across the world leading to shutting down of almost all the airlines and have caused economic problems in the industry is one of the major short term drivers of this market. In addition, the expanding aviation industry owing to the rising investments in research & development across the aerospace & defense industry is another major driver of this market.
Highlights from Aviation Consulting Service Market Study
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | ACS (England), Aerologistix Aviation Consulting WLL (Bahrain), ALTON AVIATION CONSULTANCY LLC (United States), ATPCO (United States), Baines Simmons Ltd. (United Kingdom), Emerald Aviation (United States), International Air Transport Association (Canada), ICF International Inc. (United States), Mott MacDonald (United Kingdom), Ramboll Group A/S (Denmark), Ricondo & Associates, Inc. (United States), Aviation Consulting Group LLC (United States) and WSP (United States) |
The vendors in this market are majorly focusing on providing real-time qualitative as well as quantitative analysis & insights to the customers in order to remain competitive in the highly fragment global aviation consulting services market. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Aviation Consulting Service market throughout the forecasted period.
ACS (England), Aerologistix Aviation Consulting WLL (Bahrain), ALTON AVIATION CONSULTANCY LLC (United States), ATPCO (United States), Baines Simmons Ltd. (United Kingdom), Emerald Aviation (United States), International Air Transport Association (Canada), ICF International Inc. (United States), Mott MacDonald (United Kingdom), Ramboll Group A/S (Denmark), Ricondo & Associates, Inc. (United States), Aviation Consulting Group LLC (United States) and WSP (United States) are some of the key players profiled in the study. Aviation Consulting Service Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Investment Assessment & Auditing, Permitting & Compliance, Project & Information Management, Monitoring & Testing and Others |
End Users | Authorities {Airport, Airlines, Government, Other Associations},Aviation Industry Vendors {OEMs, Aftermarket} |
Service | Managed,Professional |
On the basis of geography, the market of Aviation Consulting Service has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Recent Economic Crisis in the Aviation Industry are Boosting the Demand for Aviation Consulting Services
Market Growth Drivers:
Increasing Demand for Asset Management is Generating the Demand for Aviation Consulting Services Across the World, Rising Number of Research and Developments Across Aerospace & Defense Industry for Numerous Applications and The Expansion of Aviation Industry
Restraints:
Presence of Large Number of Players Across the World
Opportunities:
The Outbreak of Coronavirus (COVID-19) Leading to Economic Crisi =s in the Aviation Industry and is Expected to Generate Huge Demand for Aviation Consulting Services During the Forecast Period
In July 2019, ALTON AVIATION CONSULTANCY LLC announced that it has extended its global reach with the opening of a new office in Singapore, along with its existing offices in New York, Dublin, Hong Kong, Tokyo, and Beijing.
Regulations Such as General Data Protection Regulation 2016/679 (GDPR) which is a regulation in EU law on data protection and privacy in the European Union and the European Economic Area.