What is Business Aircraft Finance Market?
Business aircraft are defined as those flying machines which are neither utilized by the air forces of a country nor are they deployed as scheduled operators which are approved by the aviation regulatory authority of a country. They can be bought by individuals for their exclusive use or by organizations for exploitation by their own employees or can be hired out to other willing flying customers. Business aircraft are expensive and hence, require a substantial amount of money to be paid upfront for their acquisition. Most of these aircraft are built in Europe or in the United States of America.
The market study is being classified by Type (Below 6 seats, 6-12 seat and Others), by Application (Financial Leasing and Financing Purchase) and major geographies with country level break-up.
Embraer (Brazil), Airbus (France), ATR (France), Dassault (France), CFM (United States), Pratt & Whitney (Canada), Boeing (United States), Bombardier (Canada), GE (United States) and IAE (United States) are some of the key players profiled in the study.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Business Aircraft Finance market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Business Aircraft Finance market by Type, Application and Region.
On the basis of geography, the market of Business Aircraft Finance 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.
Market Drivers
- Consistent Passenger Growth is Leading to the Rising Market of Aircraft Finance
- Airlines and Lessors Are Expected to Have Some of Their Lowest Historical Costs of Financing
Restraints
- High Interest Rates are Hampering the Market Growth
Opportunities
- Increased Capacity for Pre-Delivery Payment and Mezzanine Debt Financing, And the Continued Maturity of the Global Aircraft Financing Legal Framework
Challenges
- Stiff Competition Among the Major Players
Market Leaders and some development strategies
Key Target Audience
Finance institutes, Government associations, Research organizations and Others