The Asia Pacific flight planning software market was valued at approximately US$ 236.22 million in 2023 and is projected to grow to around US$ 453.51 million by 2031, reflecting a compound annual growth rate (CAGR) of 8.5% during the forecast period from 2023 to 2031.
In 2023, global military expenditure reached US$ 2.33 trillion, marking a 6% increase from the previous year, according to the Stockholm International Peace Research Institute (SIPRI). Major military spenders such as the US, China, India, Russia, the UK, and Saudi Arabia have been actively investing in new military bases and airports to bolster their operational capabilities. This surge in military spending is expected to create opportunities for flight planning software providers as governments invest in new military infrastructure and fleet enhancements.
The Civil Aviation Administration of China (CAAC) has identified that many of the largest airports in the country require renovation or expansion, which aligns with the government’s 14th Five-Year Plan that includes 140 airport projects by 2025. These developments are expected to drive demand for flight planning software, as airlines and airports seek to optimize flight schedules, routes, and fuel efficiency.
Reasons to Buy
Drivers of Market Growth
A significant factor driving the growth of the Asia Pacific flight planning software market is the increasing investment in military infrastructure and fleet expansion. The changing dynamics of modern warfare have compelled governments to allocate substantial resources to enhance their defense capabilities. This includes funding for advanced technologies and equipment, which in turn supports the modernization of military vehicles and infrastructure.In 2023, global military expenditure reached US$ 2.33 trillion, marking a 6% increase from the previous year, according to the Stockholm International Peace Research Institute (SIPRI). Major military spenders such as the US, China, India, Russia, the UK, and Saudi Arabia have been actively investing in new military bases and airports to bolster their operational capabilities. This surge in military spending is expected to create opportunities for flight planning software providers as governments invest in new military infrastructure and fleet enhancements.
Military Expenditure Trends
The following table summarizes the military expenditure of key countries from 2020 to 2023:
- Country | 2020 (US$ Million) | 2021 (US$ Million) | 2022 (US$ Million) | 2023 (US$ Million) |
- ---------|---------------------|---------------------|---------------------|---------------------|
- US | 880,185.2 | 870,751.2 | 860,692.2 | 880,070.6 |
- China | 257,973.4 | 293,351.9 | 291,958.4 | 309,484.3 |
- Russia | 77,544.9 | 79,081.2 | 102,366.6 | 126,473.4 |
- UK | 62,064.9 | 63,008.2 | 64,081.6 | 69,153.2 |
- India | 77,085.5 | 76,596.9 | 79,976.8 | 83,334.5 |
- Saudi Arabia | 68,182.2 | 64,758.1 | 70,920.0 | 73,983.9 |
Growth in Civil Aviation
In addition to military investments, the civil aviation sector in the Asia Pacific region is also experiencing significant growth. China, as a major player in the global market, is expanding its aircraft fleet to meet the rising demand for cargo transportation. For instance, in June 2023, China Airlines placed firm orders for eight Boeing 787 passenger aircraft, which will increase their fleet to 24 by 2028. Furthermore, the Chinese government is committed to enhancing its airport infrastructure, with plans to add 400 airports by 2035 and address capacity issues at existing airports.The Civil Aviation Administration of China (CAAC) has identified that many of the largest airports in the country require renovation or expansion, which aligns with the government’s 14th Five-Year Plan that includes 140 airport projects by 2025. These developments are expected to drive demand for flight planning software, as airlines and airports seek to optimize flight schedules, routes, and fuel efficiency.
Market Segmentation
The Asia Pacific flight planning software market can be segmented based on deployment, application, component, and country:- Deployment: The market is divided into cloud and on-premise solutions, with the cloud segment holding a larger share in 2023.
- Component: The market is categorized into software and services, where the software segment dominated in 2023.
- Application: The market includes logistics and cargo, airport operations, private airlines, commercial airlines, flight schools, and military & defense, with commercial airlines leading the market share.
- Country: The market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific, with China being the dominant player in 2023.
Key Players in the Market
Prominent companies in the Asia Pacific flight planning software market include CAE Inc., Collins Aerospace, NAV Flight Services LLC, Jeppesen Sanderson, Inc., Sabre Corp, NAVBLUE, FSS GmbH, Laminaar Aviation Infotech Pte Ltd, Chetu Inc., AIMS INTL DWC LLC, eTT Aviation, ForeFlight LLC, Amadeus IT Group SA, Universal Weather and Aviation, Inc., Airsupport A/S, Deutsche Lufthansa AG, and RocketRoute Ltd. These companies are at the forefront of providing innovative flight planning solutions to meet the growing demands of the aviation industry.Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Asia Pacific flight planning software market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific flight planning software market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the Asia Pacific flight planning software market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.
Table of Contents
1. Introduction
2. Executive Summary
3. Research Methodology
4. Asia Pacific Flight Planning Software Market Landscape
5. Asia Pacific Flight Planning Software Market - Key Market Dynamics
6. Flight Planning Software Market - Asia Pacific Analysis
7. Asia Pacific Flight Planning Software Market Analysis - by Component
8. Asia Pacific Flight Planning Software Market Analysis - by Deployment
9. Asia Pacific Flight Planning Software Market Analysis - by Application
10. Asia Pacific Flight Planning Software Market - Country Analysis
11. Competitive Landscape
12. Industry Landscape
13. Company Profiles
14. Appendix
List of Tables
List of Figures
Companies Mentioned
Some of the leading companies in the Asia Pacific Flight Planning Software Market include:
- CAE Inc
- Collins Aerospace
- NAV Flight Services LLC
- Jeppesen Sanderson, Inc.
- Sabre Corp
- NAVBLUE
- FSS GmbH
- Laminaar Aviation Infotech Pte Ltd
- Chetu Inc
- AIMS INTL DWC LLC
- eTT Aviation
- ForeFlight LLC
- Amadeus IT Group SA
- Universal Weather and Aviation, Inc.
- Airsupport A/S
- Deutsche Lufthansa AG
- RocketRoute Ltd.
