As of 2023, the renting and leasing of air transport equipment in the UK is represented by 322 enterprises. Projections indicate incremental growth, with the number of enterprises expected to reach 335 by 2028. This represents a steady year-on-year increase with an approximate CAGR of around 0.79% during this period, signifying moderate growth within the industry. Notable increments are observed annually, each year showing slight upward trends in enterprise numbers compared to the previous year.
Future trends to monitor include:
- The impact of technological advancements on operational efficiency in leasing businesses.
- The potential influence of environmental regulations on leasing strategies.
- Shifts in global economic conditions affecting demand for air transport equipment.
- Trends in aviation fuel prices that could impact leasing cost and demand.