The Freighter Aircraft Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The market size of the freighter aircraft industry has experienced significant growth in recent years. The market's worth was $7.23 billion in 2024 and is projected to increase to $7.85 billion in 2025, with a compound annual growth rate (CAGR) of 8.5%.
The Freighter Aircraft Global Market is predicted to grow to $10.77 billion by the year 2029 with a compound annual growth rate (CAGR) of 8.2%.
Download Your Free Sample of the 2025 Freighter Aircraft Market Report and Uncover Key Trends Now!The key drivers in the freighter aircraft market are:
• Rising demand for same-day and express delivery services
• Increasing investments in cargo infrastructure
• Rising adoption of converted freighters
• Increasing demand from developing economies and focus on supply chain resilience
The freighter aircraft market covered in this report is segmented –
1) By Type: Dedicated Cargo Aircraft, Derivative Of Non-cargo Aircraft
2) By Propulsion System: Jet, Turbo Prop
3) By Range: Short-Haul, Medium-Haul, Long-Haul
4) By Application: Commercial, Military
The key trends in the freighter aircraft market are:
• The adoption of advanced lightweight cargo materials is an emerging trend.
• Increasing adoption of digital cargo tracking systems is shaping the future in the market.
• Innovation in aircraft conversion technologies is an upcoming trend.
• Integration of AI in cargo management and advancements in fuel-efficient freighter designs are significant trends.
Major players in the freighter aircraft market are:
• The Boeing Company
• Lockheed Martin Corporation
• Airbus SE
• Northrop Grumman Corporation
• Leonardo S.p.A.
• Textron Aviation Inc.
• Kawasaki Heavy Industries
• Dassault Aviation
• Singapore Technologies Engineering Ltd.
• Gulfstream Aerospace
• Embraer S.A.
• Saab AB
• Piaggio Aerospace
• Kalitta Air LLC
• KF Aerospace
• PEMCO Conversions
• Antonov
• De Havilland Aircraft of Canada Limited
• Elbe Flugzeugwerke GmbH
• Precision Aircraft Solutions
North America was the largest region in the Freighter Aircraft market in 2024