The Europe Freighter Aircraft Market size is estimated at USD 770.11 million in 2024, and is expected to reach USD 956.53 million by 2029, growing at a CAGR of 4.43% during the forecast period (2024-2029).
The European freighter aircraft market is semi-consolidated and is expected to remain the same during the forecast period. The freighter aircraft market in Europe has two types of players: Original equipment manufacturers (OEMs) who manufacture freighter aircraft and P2F conversion companies. Some of the prominent players operating in the Europe freighter aircraft market are The Boeing Company, ATR, Airbus SE, Textron Inc., and Singapore Technologies Engineering Ltd. The provision of new certification and approvals from EASA to convert new passenger aircraft models into freighter aircraft is anticipated to help the companies increase their presence as well as market share during the forecast period. In addition to this, the fragmentation in the market is set to increase with new players entering the market, who provide aircraft conversion services.
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