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Latin America General Aviation Market - Growth, Trends, and Forecast (2019 - 2024)

  • ID: 4534312
  • Report
  • Region: Latin America
  • 82 pages
  • Mordor Intelligence
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FEATURED COMPANIES

  • AeroAndina SA
  • Airbus SE
  • Bombardier inc.
  • Dassault Aviation SA
  • Embraer S.A
  • Honda Aircraft Company
  • MORE
Market Overview

The Latin America general aviation market is anticipated to grow at a CAGR of above 0.5% during the forecast period.
  • Latin America experienced slow economic growth in the past five years which had a direct impact on the Latin America general aviation market.
  • The business jet fleet replacement plans of the government agencies, charter service providers, and private jet users are expected to fuel the growth of the market during the forecast period.
  • Some of the countries in Latin America have plans to modernize and expand their airports over the next decade. Such improvements in the airport infrastructure will create a positive impact on the general aviation market in the coming years.
Key Market Trends

Helicopters Segment to Experience the Highest Growth During the Forecast Period

Helicopters segment of the market is expected to grow at the highest CAGR during the forecast period. The growth in helicopters segment is fueled by the fleet expansion as well as the replacement plans of the helicopter operators in the region. Also, the development of new models of helicopters in specific to the business aviation and VIP transportation is expected to gain demand from the corporate companies and private helicopter operators in the region. For instance, Airbus Helicopters received the first order from an undisclosed customer in Brazil for one H160 for private and business aviation operations in April 2018. The aforementioned factors are leading to the growth of helicopters segment during the forecast period.

Brazil held the Highest Market Share in 2018

Brazil currently has the highest market share in the Latin America general aviation market. Brazil is one of the booming markets in the aviation industry with the country acting as the major hub for general aviation (business jet and helicopters majorly). The country has witnessed a significant growth of agricultural aviation fleet in the past few years. There were 2,115 aircraft in the agricultural aviation fleet of Brazil in 2017 with overall general aviation fleet being 15,800 aircraft. The growth in the number of charter operators and increasing infrastructure of general aviation will propel the growth of the market. In early 2019, Guarulhos International Airport (GRU) opened a new general aviation terminal with a handling capacity of 39 executive jets and 200 passengers per hour. With a lot of potential for the development of general aviation infrastructure, the market is poised to grow during the forecast period.

Competitive Landscape

Some of the prominent players in the Latin America general aviation market are Embraer S.A, Textron Inc., Gulfstream Aerospace Corporation (General Dynamics), Bombardier Inc., and Honda Aircraft Company. With the growing demand for business and VIP transportation in the region, various OEMs like Leonardo, Airbus, and Bell Helicopters among others are planning to develop new business strategies for increasing their presence in the general aviation market of Latin America. The companies are also planning to open new manufacturing and MRO facilities in the region which will help the existing as well as new customers, thereby making them the preferred aircraft/helicopter OEMs for new orders and deliveries in the coming years.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • AeroAndina SA
  • Airbus SE
  • Bombardier inc.
  • Dassault Aviation SA
  • Embraer S.A
  • Honda Aircraft Company
  • MORE
1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Buyers/Consumers
4.4.2 Bargaining Power of Suppliers
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 Helicopters
5.1.2 Piston Fixed-wing
5.1.3 Turboprop
5.1.4 Business Jet
5.2 Country
5.2.1 Mexico
5.2.2 Brazil
5.2.3 Columbia
5.2.4 Rest of Latin America

6 COMPETITIVE LANDSCAPE
6.1 Vendor Market Share
6.2 Company Profiles
6.2.1 Leonardo S.p.A
6.2.2 Textron Inc.
6.2.3 Embraer S.A
6.2.4 Pilatus Aircraft
6.2.5 Dassault Aviation SA
6.2.6 Piper Aircraft, Inc.
6.2.7 Bombardier inc.
6.2.8 Paradise Aircraft
6.2.9 AeroAndina SA
6.2.10 Gulfstream Aerospace Corporation
6.2.11 Honda Aircraft Company
6.2.12 Airbus SE

7 MARKET OPPORTUNITIES AND FUTURE TRENDS
Note: Product cover images may vary from those shown
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  • Leonardo S.p.A
  • Textron Inc.
  • Embraer S.A
  • Pilatus Aircraft
  • Dassault Aviation SA
  • Piper Aircraft, Inc.
  • Bombardier inc.
  • Paradise Aircraft
  • AeroAndina SA
  • Gulfstream Aerospace Corporation
  • Honda Aircraft Company
  • Airbus SE
Note: Product cover images may vary from those shown
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