Outsize Air Cargo Market Trends and Forecast
The future of the global outsize air cargo market looks promising with opportunities in the aerospace & aviation, automotive, energy generation, heavy construction, military, and oil & gas markets. The global outsize air cargo market is expected to reach an estimated $29.7 billion by 2030 with a CAGR of 10.4% from 2024 to 2030. The major drivers for this market are rise in e-commerce and online shopping, expansion of manufacturing and industrial sectors, and globalization and supply chain optimization.
• Lucintel forecasts that nose-loading freighter is expected to witness the highest growth over the forecast period.
• Within this market, aerospace & aviation is expected to witness the highest growth.
• APAC is expected to witness highest growth over the forecast period.
United States – Boeing announced plans to expand its air cargo fleet with the introduction of more efficient and larger freighter aircraft, aiming to capture a larger share of the outsized air cargo market. Government initiatives support infrastructure development to accommodate increased cargo traffic.
China – AlibabaÄX%$%Xs logistics arm, Cainiao, unveiled a partnership with Chinese airlines to enhance capacity for outsized air cargo shipments, aiming to meet growing demand fueled by e-commerce. Government incentives encourage investment in logistics infrastructure and support for air cargo operations.
United Arab Emirates – Emirates SkyCargo announced investments in its fleet expansion, targeting the acquisition of specialized freighter aircraft to cater to the outsized air cargo market, particularly for transporting oversized machinery and equipment. Government initiatives promote DubaiÄX%$%Xs role as a global logistics hub.
Germany – Lufthansa Cargo outlined its strategy to leverage its extensive network and fleet modernization efforts to strengthen its position in the outsized air cargo market, targeting increased market share and enhanced service capabilities. Government support includes incentives for sustainable aviation and cargo infrastructure development.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Outsize Air Cargo by Segment
The study includes a forecast for the global outsize air cargo by aircraft type, end use, and region.
Outsize Air Cargo Market by Aircraft Type [Shipment Analysis by Value from 2018 to 2030]:
• Nose-Loading Freighters
• Ramp-Loading Aircraft
• Rear-Loading Freighters
Outsize Air Cargo Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Aerospace & Aviation
• Automotive
• Energy Generation
• Heavy Construction
• Military
• Oil & Gas
• Others
Outsize Air Cargo Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Outsize Air Cargo Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies outsize air cargo companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the outsize air cargo companies profiled in this report include-
• Adl
• Air Charter Service Worldwide
• Air Partner
• Airbridgecargo Airlines
• ACC Aviation
• Augustin Quehenberger
• Cal Cargo Airlines
Recent Development in the Outsize Air Cargo Market
Boeing: Introduced a new variant of its 747 freighter aircraft optimized for outsized air cargo transport, featuring increased payload capacity and improved fuel efficiency.
Emirates SkyCargo: Expanded its fleet with the addition of specialized freighter aircraft equipped with oversized cargo handling capabilities, aiming to enhance service offerings for outsized air cargo customers.
Lufthansa Cargo: Launched a dedicated outsized air cargo division to provide tailored solutions for transporting large and heavy shipments, including machinery, equipment, and oversized components, leveraging its global network and expertise.
AlibabaÄX%$%Xs Cainiao: Partnered with leading airlines to establish dedicated routes and capacity for outsized air cargo shipments, facilitating the transportation of bulky items ordered through e-commerce platforms to various destinations worldwide.
Features of the Global Outsize Air Cargo Market
Market Size Estimates: Outsize air cargo market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Outsize air cargo market size by aircraft type, end use, and region in terms of value ($B).
Regional Analysis: Outsize air cargo market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different aircraft types, end uses, and regions for the outsize air cargo market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the outsize air cargo market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the outsize air cargo market size?
Answer: The global outsize air cargo market is expected to reach an estimated $29.7 billion by 2030.
Q2. What is the growth forecast for outsize air cargo market?
Answer: The global outsize air cargo market is expected to grow with a CAGR of 10.4% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the outsize air cargo market?
Answer: The major drivers for this market are rise in e-commerce and online shopping, expansion of manufacturing and industrial sectors and globalization and supply chain optimization.
Q4. What are the major segments for outsize air cargo market?
Answer: The future of the outsize air cargo market looks promising with opportunities in the aerospace & aviation, automotive, energy generation, heavy construction, military, and oil & gas markets.
Q5. Who are the key outsize air cargo market companies?
Answer: Some of the key outsize air cargo companies are as follows:
• Adl
• Air Charter Service Worldwide
• Air Partner
• Airbridgecargo Airlines
• ACC Aviation
• Augustin Quehenberger
• Cal Cargo Airlines
Q6. Which outsize air cargo market segment will be the largest in future?
Answer: Lucintel forecasts that nose-loading freighter is expected to witness the highest growth over the forecast period.
Q7. In outsize air cargo market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the outsize air cargo market by aircraft type (nose-loading freighters, ramp-loading aircraft, and rear-loading freighters), end use (aerospace & aviation, automotive, energy generation, heavy construction, military, oil & gas, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Outsize Air Cargo Market Market, Outsize Air Cargo Market Market Size, Outsize Air Cargo Market Market Growth, Outsize Air Cargo Market Market Analysis, Outsize Air Cargo Market Market Report, Outsize Air Cargo Market Market Share, Outsize Air Cargo Market Market Trends, Outsize Air Cargo Market Market Forecast, Outsize Air Cargo Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.