Freighter Aircraft Market Size, Share, and Growth Analysis

Global Freighter Aircraft Market

Freighter Aircraft Market By Aircraft Type (Dedicated Cargo Aircraft, Derivative of Non-Cargo Aircraft), By Engine Type (Turboprop Aircraft, Turbofan Aircraft), By Payload Capacity (<20 Tons, 20-60 Tons, >60 Tons), By Region -Industry Forecast 2025-2032


Report ID: SQMIG20A2330 | Region: Global | Published Date: May, 2025
Pages: 179 |Tables: 88 |Figures: 71

Format - word format excel data power point presentation

Freighter Aircraft Market Insights

Global Freighter Aircraft Market size was valued at USD 6.21 Billion in 2023 and is poised to grow from USD 6.57 Billion in 2024 to USD 10.29 Billion by 2032, growing at a CAGR of 5.76% in the forecast period (2025-2032).

The global freighter aircraft market is going through tremendous transformation driven by evolving global trade trends and advancements in technology. Today, air cargo transports over USD 6 trillion worth of products annually, or approximately 35% of global trade in value, according to the International Air Transport Association (IATA). Digitalization of the sector is also accelerating, with airlines spending more on artificial intelligence and automation in operations to make them more efficient. Major airlines are equipping themselves with advanced tracking systems and online reservation systems, enabling tracking of packages in real-time and smooth operations. The push for sustainability has also gained speed, with carriers considering Sustainable Aviation Fuel (SAF) alternatives that can potentially reduce net carbon emissions by up to 80% compared with traditional jet fuel.

In addition, the e-commerce revolution has changed the air cargo sector tremendously, spurring record-breaking demand for conversion services and cargo airplanes. In 2024, global air cargo demand jumped 11.3% to a record high, pushed largely by cross-border e-commerce growth. Notably, e-commerce shipments accounted for an estimated 50% to 60% of China-U.S. air volumes and around 20% of total air cargo volumes, filling approximately 100 widebody freighter aircraft per day.

Market snapshot - 2025-2032

Global Market Size

USD 6.21 Billion

Largest Segment

Turbofan Aircraft

Fastest Growth

Turboprop Aircraft

Growth Rate

5.76% CAGR

Global Freighter Aircraft Market ($ Bn)
Country Share for North America (%)

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Freighter Aircraft Market Segments Analysis

The global freighter aircraft market is segmented into aircraft type, engine type, payload capacity, and region. By aircraft type, the market is bifurcated into dedicated cargo aircraft and derivative of non-cargo aircraft. Depending on engine type, it is divided into turboprop aircraft and turbofan aircraft. According to payload capacity, the market is classified into <20 tons, 20-60 tons, and >60 tons. As per region, it is analyzed across North America, Asia-Pacific, Europe, Latin America, and Middle East & Africa.

Why Does the Dedicated Cargo Aircraft Segment Lead the Freighter Market?

As per the 2024 global freighter aircraft industry analysis, the dedicated cargo aircraft segment continues to lead the market with approximately 61% market share. Its supremacy is being driven by growing expenditure on buying new dedicated freighter aircraft among major carriers around the world. Air carriers are investing heavily in dedicated freighter planes to handle the growing demands of global air freight transport. Strength in the segment is also enhanced by the solid demand from online business houses and the need for high-end cargo handling facilities.

The derivative of non-cargo aircraft segment has been expanding with the highest CAGR in freighter aircraft, registering a predicted growth of nearly 6% for the period of 2025-2032. Such impressive growth has been largely caused due to higher growth in passenger-to-freighter conversions that represent a cost-saving measure for air cargo capacity-restricted airlines. The converted passenger aircraft are particularly well suited for carrying lighter, bulkier freight such as e-commerce parcels.

How Do Turbofan Engines Enhance Freighter Aircraft Efficiency and Capacity?

Based on the 2024 global freighter aircraft market forecast, the turbofan aircraft category continues to lead the global freighter aircraft industry with a share of approximately 88%. This can be attributed to increasing expenditure on the procurement of new specialized freighter aircraft and increased focus on passenger-to-freighter conversions. Expansion in the segment is primarily by wide-body aircraft that have the capability of carrying containerized and palletized cargo on top and bottom (belly) decks, hence capable of applying both short regional and long-distance international routes. Major developments driving this segment are Airbus's new freighter A350F with next-generation efficiency with reduced fuel burn and CO2 emissions, and the A330-200F that meets cargo business requirements in mid-range and long-range segments. Conversion solutions like A330P2F and A321P2F are also providing cost-effective solutions to end-users, further strengthening the market position of the turbofan segment.

The turboprop aircraft category is a principal participant in short-haul and regional cargo flights in the cargo aircraft industry. These aircraft fit perfectly to deliver to airports that have short runway lengths and operate in challenging conditions. Turboprop freight aircraft, capable of carrying payload up to 10,000 pounds, fit perfectly to move small packages and perishable items and hence play a critical role in regional cargo networks.

Global Freighter Aircraft Market By Engine Type

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Freighter Aircraft Market Regional Insights

Why Does North America Remain a Powerhouse in Air Cargo Operations?

North America is a foremost contributor to the global freighter aircraft market, with the dominance of major cargo carriers and massive air transport networks. The United States and Canada are the key markets in North America, with the two countries possessing strong interest in the replacement of their freighter aircraft fleets and expanding air freight capacity. The region is underpinned by well-established aerospace manufacturing hubs, advanced technological capabilities, and airline and freight operator strategic ties. Industry majors like FedEx, UPS, and Atlas Air are also contributing to market growth with fleet expansion and upgrade initiatives.

Freighter Aircraft Market in United States

The United States is still the North American largest market, with a market share of nearly 99% in 2024. The country's leadership is supported through the world's largest fleet of freighter aircraft and continued investment in aviation infrastructure. Major US airlines are hectic ramping up freighter fleets, with FedEx Express operating 697 aircraft in eight different variants. The country's robust e-commerce economy and widening international trade ties continue to be the principal forces driving demand for air cargo capacity. Boeing's establishment of new freighter conversion lines and increased focus on the production of fuel-efficient airplanes also further establish United States leadership in the market.

Freighter Aircraft Market in Canada

Canada stands out as the largest-growing market in North America, with a predicted growth rate of approximately 4% between 2025 and 2032. The country's strategic focus on air cargo capacity development and upgrading of existing infrastructure drives the growth. Canadian airlines are making solid investments in fleet expansion and future programs, with leading carriers Air Canada and WestJet establishing independent cargo units. The domestic online shopping market in the nation has developed tremendously, thus creating greater demand for freighter aircraft services. Cargojet's heavy investment in aircraft conversion programs and alliance with global logistics players yet again proves that Canada is making serious investments in freighter aircraft growth.

How is Europe Responding to Growing Demand for Sustainable Freighters?

The European freighter aircraft market is a high-value market characterized by a rich mixture of mature carriers and new entrants in various countries. Germany, the United Kingdom, France, and Russia are leading the market in the region, and each contributes uniquely towards the market's dynamics. Europe has strong trading links, state-of-the-art aviation infrastructure, and increasing focus on green air cargo operations. The country has large aircraft production and conversion facilities, which enhance the country's standing in the global market.

Freighter Aircraft Market in United Kingdom

The UK is the largest market in Europe, accounting for a regional market share of approximately 41% in 2024. The country's strategic position as a global hub and its well-developed aviation infrastructure allows it to maintain the leadership position. Huge operators like DHL Aviation UK and West Atlantic UK continue to expand, and new entrants like One Air introduce innovative freighter aircraft solutions into the market. The country's airports, particularly Heathrow and London Luton, are significant cargo hubs serving massive freight in the region.

Freighter Aircraft Market in Germany

Germany ranks as Europe's fastest-growing market with an estimated growth rate of about 5% over 2025-2032. The nation's robust manufacturing sector and status as a prime logistics hub propel this growth pattern. Large carriers like DHL and Lufthansa Cargo are preoccupied expanding freighter aircraft fleets and establishing additional cargo routes. The country's airports, for example, Frankfurt and Leipzig/Halle, serve as key cargo hubs, and increasing investment in green aviation offerings and digitalization plans keeps strengthening market expansion.

Freighter Aircraft Market in France

France dominates the European freighter aircraft market, most significantly because Airbus has a production facility within the country and an otherwise healthy aerospace industry in the country, something that can sustain air cargo activity due to international logistics hubs such as Paris Charles de Gaulle Airport. Both increased demand for intra-European and transatlantic freight transport as well as increasing popularity of Airbus A330P2F and A350F models are leading to an acceleration of the expansion of the region's freighter fleet between 2024 and 2025.

Can Asia-Pacific Sustain Long-Term Freighter Aircraft Market Leadership?

Asia-Pacific is a prime example of healthy growth opportunities in the freighter aircraft market fueled by speeding industrialization and a growing e-commerce economy in major countries. It is comprised of leading markets like China, India, Japan, and South Korea that all contribute to form a dynamic marketplace. Increasing volumes of commerce, improving consumption locally, and high spending on aviation-related infrastructure characterize the market in this region. The introduction of new freighter aircraft carriers along with upgrading the existing ones strengthens the trend of market growth even more.

Freighter Aircraft Market in China

China is still the region's largest market due to its huge number of manufacturers and growing e-commerce market. China's strategic initiative to construct new conversion centers and alliances with other international aviation industry stakeholders are part of its plan. China's large carriers are actively expanding freighter capacity, while increasing amounts of domestic and foreign trade lead to continued market growth.

Freighter Aircraft Market in South Korea

As a result of its export of high-tech manufacturing and its high e-commerce development, South Korea is a major player in the Asia-Pacific freighter aircraft market. Additional growth in Korean Air Cargo's wide-body freighter fleet has helped the carrier maintain its position among the world's leading cargo carriers. New freighter demand and conversion programs are increasing with ongoing government support accorded to the aviation sector including infrastructure and growth in international trade with Southeast Asia and China.

Global Freighter Aircraft Market By Geography
  • Largest
  • Fastest

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Freighter Aircraft Market Dynamics

Freighter Aircraft Market Drivers

Evolution of E-Commerce

  • The global freighter aircraft industry is being significantly affected by the increasing popularity of online purchases on a global level. Amazon, Alibaba, and JD.com are some examples of web-based companies who need effective and secure air logistics for the transportation of their goods across international borders. Due to this, the demand for new and upgraded freighters has increased significantly in order to serve orders in time, especially for time-sensitive and high-value commodities. With the growth of express parcel business, airlines are racing to expand their air cargo carrying capacity.

Growth in the Volume of Air Cargo Trade

  • Air transportation remains a major player in global trade, particularly in the movement of perishable products, high-technology products, and medical equipment. Companies are investing in stronger logistics networks, and freighter planes are leading the way. This is a reaction to the realignment of supply chains around the world. The demand for widebody freighters and conversion projects is further being spurred by growing volumes of transcontinental trade and Asian-Pacific and European manufacturing taking place.

Freighter Aircraft Market Restraints

High Operational and Maintenance Costs

  • Fuel, maintenance, ground handling, and meeting international aviation rules are all added to the bill of costs. Nevertheless, freighters operate fewer routes, hence fewer revenue streams. Passenger planes operate more routes than freighters. Higher prices for jet fuel and the cost of maintaining older aircraft may deter smaller players and limit the growth of the fleet for low-cost operators. Furthermore, the maintenance cost of older aircraft can be too high.

Environmental Regulations and Concerns Regarding Emissions

  • There is a growing level of pressure being brought on the aviation community regarding its carbon record. Freighter planes, especially older converted planes, tend to produce more carbon monoxide per ton-kilometer than newer planes. Due to stricter noise and pollution regulations in the European Union and North America, freighter flight operations can be limited or costly retrofits mandated, which is a challenge for legacy fleet operators.

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Freighter Aircraft Market Competitive Landscape

There is a lot of competition in the global freighter aircraft industry, and strategies that are centered on fleet growth, plane conversion, and green technology are being adopted. Boeing and Airbus are the most prominent firms in new freighter production, while firms such as ST Engineering and EFW are responsible for the conversion sector. Amazon and DHL have invested in their own propriety digitalized logistics infrastructure and fleets. Airlines are creating joint ventures, leasing structures, and cargo partnerships in order to achieve maximum route coverage and operational adaptability as far as cargo is concerned.

  • Natilus (San Diego, United States, 2016): Natilus can make air freight cheaper by up to 60% with the creation of wing-body blended cargo planes. Carbon fiber composites are utilized for making their KONA regional freighter, which possesses a cargo payload of 3.8 metric tons and is capable of flying more than 900 nautical miles. Crewing is an optional aspect. Up to February 2025, Nolinor Aviation, a Canadian airline, has agreed to buy numerous aircraft from KONA. This is in addition to Natilus's total orders for 460 aircraft, valued at over USD 6.8 billion.
  • Elroy Air (San Francisco, United States, 2017): The Chaparral is an electric-hybrid vertical takeoff and landing (VTOL) cargo airplane in development by Elroy Air. It can transport a maximum of 500 pounds and fly a distance of 300 miles. Due to its autonomous nature, the Chaparral can potentially enhance logistics through the delivery of commercial cargo and humanitarian aid, especially in remote locations. FedEx Express is set to commence testing of Elroy Air's Chaparral product, a self-flying air freight solution, to transport packages among various sortation facilities.

Top Player’s Company Profile

  • CMA CGM Air Cargo
  • Boeing
  • Airbus
  • Emirates
  • Embraer
  • ATR
  • Kalitta Air
  • DHL Aviation
  • FedEx Express
  • UPS Airlines
  • Amazon Air
  • Atlas Air Worldwide
  • Lufthansa Cargo
  • Cargolux
  • EFW (Elbe Flugzeugwerke)

Recent Developments

  • In April 2025, CMA CGM Air Cargo launched new transpacific routes connecting the United States and Asia. The airline also added its fourth Boeing 777F operated by Atlas Air. Since the company chose to retire two Airbus A330-200Fs and ensure that deliveries of the A350F will have delays up until 2027, the firm has made it a strategic imperative to add its fleet of 777F airplanes in a move to capitalize on the increased demand.
  • In November 2024, Boeing projected that its freighter fleet would grow to 3,900 aircraft by 2043, the company estimated that air freight travel volume around the globe would double by 2043. The growth is being fueled by growth in e-commerce and emerging markets. As Boeing goes about ensuring that it will still be producing the 777F and 767-300BCF models, the firm is already anticipating the entry of the 777-8F in the market in 2027. The aircraft will have enhanced fuel efficiency and carrying capacity.
  • In October 2024, to cater to the growing extent of global trade, Emirates widened the capacity of its freighter fleet by ordering additional Boeing 777F freighters. Emirates now has a fleet of approximately twelve 777F aircraft. Emirates has a target to expand its freight fleet threefold by 2030, possibly by the acquisition of Airbus A350Fs and the forthcoming 777X aircraft.

Freighter Aircraft Key Market Trends

Freighter Aircraft Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.

As per SkyQuest analysis, due to the spread of e-commerce, global air cargo globalization, and the emergence of electronic supply chains, the global freighter aircraft market is rapidly changing. Demand for new constructions and P2F conversions has risen, especially in markets such as the Asia-Pacific region and North America. There are huge challenges, such as increasing operating expenses and concerns regarding the environment. Technological advancements like the implementation of artificial intelligence and fuel-efficient variants like the Airbus A350F and the Boeing 777-8F are defining the future of cargo aviation. Logistics companies are expanding their investments in joint ventures and in-house fleets, which is making competitive forces stronger. In general, it was expected that the sector would experience growth in the long term, with adaptability, sustainability, and automation being the three major pillars of success in the long term.

Report Metric Details
Market size value in 2023 USD 6.21 Billion
Market size value in 2032 USD 10.29 Billion
Growth Rate 5.76%
Base year 2024
Forecast period 2025-2032
Forecast Unit (Value) USD Billion
Segments covered
  • Aircraft Type
    • Dedicated Cargo Aircraft, and Derivative of Non-Cargo Aircraft
  • Engine Type
    • Turboprop Aircraft, and Turbofan Aircraft
  • Payload Capacity
    • <20 Tons, 20-60 Tons, and >60 Tons
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • CMA CGM Air Cargo
  • Boeing
  • Airbus
  • Emirates
  • Embraer
  • ATR
  • Kalitta Air
  • DHL Aviation
  • FedEx Express
  • UPS Airlines
  • Amazon Air
  • Atlas Air Worldwide
  • Lufthansa Cargo
  • Cargolux
  • EFW (Elbe Flugzeugwerke)
Customization scope

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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Freighter Aircraft Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Freighter Aircraft Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Freighter Aircraft Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Freighter Aircraft Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Freighter Aircraft Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Freighter Aircraft Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

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FAQs

Global Freighter Aircraft Market size was valued at USD 6.21 Billion in 2023 and is poised to grow from USD 6.57 Billion in 2024 to USD 10.29 Billion by 2032, growing at a CAGR of 5.76% in the forecast period (2025-2032).

There is a lot of competition in the global freighter aircraft industry, and strategies that are centered on fleet growth, plane conversion, and green technology are being adopted. Boeing and Airbus are the most prominent firms in new freighter production, while firms such as ST Engineering and EFW are responsible for the conversion sector. Amazon and DHL have invested in their own propriety digitalized logistics infrastructure and fleets. Airlines are creating joint ventures, leasing structures, and cargo partnerships in order to achieve maximum route coverage and operational adaptability as far as cargo is concerned. 'CMA CGM Air Cargo', 'Boeing', 'Airbus', 'Emirates', 'Embraer', 'ATR', 'Kalitta Air', 'DHL Aviation', 'FedEx Express', 'UPS Airlines', 'Amazon Air', 'Atlas Air Worldwide', 'Lufthansa Cargo', 'Cargolux', 'EFW (Elbe Flugzeugwerke)'

The global freighter aircraft industry is being significantly affected by the increasing popularity of online purchases on a global level. Amazon, Alibaba, and JD.com are some examples of web-based companies who need effective and secure air logistics for the transportation of their goods across international borders. Due to this, the demand for new and upgraded freighters has increased significantly in order to serve orders in time, especially for time-sensitive and high-value commodities. With the growth of express parcel business, airlines are racing to expand their air cargo carrying capacity.

Rise in the Number of Aircraft Conversion Programs: Aircraft conversion programs, like Passenger-to-Freighter (P2F) programs, are thriving because there are aircraft available and because conversion programs are cost-effective. Programs like the A321P2F, B737-800BCF, and A330P2F are getting extremely popular with cargo operators and airlines as a way to fulfill demand without having to acquire brand-new freighters. These programs are created to lengthen the life of older airplanes and to satisfy increasing demands for regional logistics and e-commerce demand.

Why Does North America Remain a Powerhouse in Air Cargo Operations?

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