Please Wait.....
Report
Business Jet Ground Handling Services - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2019 - 2029
Market Report I 2024-02-17 I 86 Pages I Mordor Intelligence
The Business Jet Ground Handling Services Market size is estimated at USD 1.42 billion in 2024, and is expected to reach USD 2.48 billion by 2029, growing at a CAGR of 11.87% during the forecast period (2024-2029).
The construction of new airports, expansion of existing airports to increase passenger and cargo handling capacities, and privatization of airports are expected to drive the growth of the airport ground handling services market during the forecast period.
Globally, charter activities are increasing and gaining momentum. The industry is flying high due to growth in the demand from the downstream markets. The growth in purchasing private and charter aircraft is expected to increase the demand for ground-handling services in the coming years. With the rise in fuel prices, FBOs face difficulty in offering discounts. Smaller players suffer the most during such instances and can incur huge losses. This may challenge the growth of the market studied in the coming years.
Business Jet Ground Handling Services Market Trends
Aircraft Handling Services to Dominate the Market During the Forecasted Period
The aircraft handling segment dominates the market during the forecast period due to the increasing technological advances in aircraft handling systems. Aircraft handling is a service that takes care of aircraft's movement, positioning, and parking. These services include turnaround services (refueling, storage, cleaning,) pushback services, car parking services (catering, lavatory services, water services,) and flight line services (safety checks, inspections, and repairs). The US Federal Aviation Administration (FAA) has allocated a budget to various airports in the United States for the procurement of ground power units (GPUs), pre-conditioned air (PCA) units, and de-icing equipment during the forecast period.
For instance, in June 2022, Charles M. Schulz-Sonoma Airport was allocated USD 220,411 to procure two mobile GPUs.Similarly, Boise Air Terminal/Gowen Field, Philadelphia International Airport, and Pittsburgh International Airport were awarded USD 1 million, USD 2.8 million, and USD 4.6 million, respectively. Such development of new equipment, as well as investments into procurement of aircraft handling equipment, is anticipated to propel the growth of the market during the forecast period.
North America Held the Highest Shares in the Market
The North American region is expected to grow most during the forecast period. This is due to the rapid recovery of the aviation industry from the COVID-19 pandemic impact, along with investments of the civil aviation authority and airport operators in the region in expanding airports and developing ground handling equipment modernization. The increasing demand for business jets in the region and the growing number of airports and airfields is also a driving factor for the growth of this market. The region is also home to many affluent individuals and businesses, which drive the demand for private jet services. The increasing number of business jet operators in the region also drives the market. These operators seek efficient, cost-effective ground-handling services to ensure their operations run smoothly. Factors such as these drive the market's growth during the forecasted period.
Business Jet Ground Handling Services Industry Overview
The business jet ground handling services market is semi-consolidated due to numerous local players providing a wide range of ground handling services. The key players in the market include Signature Aviation Limited, Jet Aviation AG, TAG Aviation, ExecuJet Aviation Group AG, and Aviation Services Management (ASM). However, mergers and acquisitions are expected to consolidate the market. In addition, partnerships with dealers and outsourcing activities are being done by companies to expand their global footprint. The Middle East and Asia-Pacific are projected to undergo numerous developments in the market studied. Hence, extending to the regions either by partnerships or through mergers and acquisitions may help the existing players to increase their revenues further.
Additional Benefits:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
1 INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Challenges
4.4 Industry Attractiveness - Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.1 Type
5.1.1 Aircraft Handling
5.1.2 Passenger Handling
5.1.3 Cargo and Baggage Handling
5.2 Geography
5.2.1 North America
5.2.2 Europe
5.2.3 Asia-Pacific
5.2.4 Latin America
5.2.5 Middle East & Africa
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles*
6.1.1 IGS Ground Services
6.1.2 Signature Aviation Limited
6.1.3 Jet Aviation AG
6.1.4 TAG Aviation
6.1.5 Aviation Services Management (ASM)
6.1.6 Atlantic Aviation
6.1.7 World Fuel Services Corporation
6.1.8 Dnata
6.1.9 Dassault Falcon Service
6.1.10 RoyalJet LLC
6.1.11 Universal Weather and Aviation, LLC
6.1.12 ExecuJet Aviation Group AG
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security