Flight Planning Software Market is expected to reach US$ 1,292.06 Million by 2031

Increasing Orders and Deliveries of Narrow Body Aircraft to Fuel Flight Planning Software Market Growth During Forecast Period 

According to our latest study, "Flight Planning Software Market Size and Forecast (2021–2031), Global and Regional Share, Trend, and Growth Opportunity Analysis – by Component, Deployment, Application, and Geography," the market was valued at US$ 734.98 million in 2023 and is expected to reach US$ 1,292.06 million by 2031; it is estimated to record a CAGR of 7.3% from 2023 to 2031. The report includes growth prospects owing to the current flight planning software market trends and their foreseeable impact during the forecast period.  

Airlines are maximizing the utilization of their aircraft to meet the growing passenger demand. According to the Airports Council International (ACI) World's Industry Outlook for 2023–2024, as global passenger traffic recovers, 2024 is predicted to represent a turning point, with 9.4 billion passengers traveling worldwide, up from 9.2 billion in 2019 (102.5% of 2019 levels). In 2021, the European Union (EU) experienced a significant rebound in air travel as the total number of passengers reached 373 million. This figure reflects a remarkable increase of 34.9% compared to 2020. The flight planning software market is expected to continue growing, driven by increasing air traffic, safety requirements, and technological advancements. The focus is likely to remain on efficiency, integration capabilities, and advanced features utilizing AI and machine learning. Safety and regulatory compliance has emerged as a key driver in the flight planning software market, molded by more stringent international aviation laws from organizations such as the International Civil Aviation Organization (ICAO), Federal Aviation Administration (FAA), and European Union Aviation Safety Agency (EASA).

Flight Planning Software Market Analysis — by Geography

Source: The Insight Partners Analysis

India is one of the emerging countries in the flight planning software market. From 2020 to 2023, the civil aviation sector has emerged as one of the fastest-growing industries in India. According to data from the Government of India in 2023, 327.28 million aircraft movements were recorded in FY23, up from 188.89 million in FY22. India is expected to overtake China and the US as the world's third-largest air passenger market by 2030. Freight traffic increased at a growth rate of 2.20% from 2.97 million tonnes to 3.47 million tonnes between FY16 and FY23. To match the needs of the growing air traffic, the government is focusing on increasing the number of airports. There are currently 148 airports in India. India planned to increase the number of operational airports to 220 by 2025.

Due to government initiatives and developments in the aviation sector, the demand for aircraft fleets from airline operators has increased. For instance, in 2023–2024, Akasa Air, Air India, and IndiGo, three Indian airlines, collectively ordered 1,120 aircraft in less than a year to expand in India's fast-growing civil aviation market. Akasa Air, a two-year-old airline, has placed an order for 150 Boeing 737 Max aircraft. In 2023, Air India and IndiGo ordered 970 aircraft from Boeing and Airbus. Tata Group-owned Air India ordered 470 aircraft, while IndiGo ordered 500 narrow-body aircraft. Additionally, domestic airlines are expected to receive over 1,600 aircraft in the coming years, with the fleet size of Indian airlines expected to reach 1,500–2,000 by 2030. The rise in investment in aircraft fleet expansion by airline operators is projected to fuel the demand for flight planning software.

Amadeus IT Group SA; Collins Aerospace; CAE Inc; NAV Flight Services; Jeppesen; Sabre GLBL Inc; AIR SUPPORT A/S; FSS Flight Planning; Navblue; Laminaar Aviation Infotech Pvt Ltd.; Universal Weather and Aviation, Inc.; Lufthansa Systems; ForeFlight; Chetu Inc; eTT Aviation; GE Aerospace; and IBS Software are among the key players profiled in the global flight planning software market report. Several other major players were also studied and analyzed during the market study to get a holistic view of the market and its ecosystem.

The report includes the flight planning software market forecast by component, deployment, and application. Based on component, the flight planning software market is categorized into software and services. By deployment, the flight planning software market is divided into cloud and on-premise. Based on application, the market is divided into logistics and cargo, airport, private airlines, commercial airlines, flight school and training center, and military and defense.

The scope of the flight planning software market report focuses on North America (the US, Canada, and Mexico), Europe (Spain, the UK, Germany, France, Italy, and the Rest of Europe), Asia Pacific (South Korea, China, India, Japan, Australia, and the Rest of Asia Pacific), the Middle East & Africa (South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa), and South America (Brazil, Argentina, and the Rest of South America). Asia Pacific dominated the market in 2023, followed by North America and Europe.

The Asia Pacific flight planning software market is segmented into Australia, China, Japan, India, South Korea, and the Rest of APAC. In terms of revenue, China held the largest flight planning software market share in APAC in 2023. China is densely populated and one of the major exporters of consumer and industrial goods. As a result, the airlines with cargo services are investing significant capital in expanding the aircraft fleet to fulfill the demand for cargo transportation. For instance, in June 2023, China Airlines signed firm orders for eight Boeing 787 passenger aircraft at the Paris Air Show. The 787 fleet will increase to 24 aircraft after all ordered aircraft are delivered by 2028. In August 2022, China Airlines decided to purchase 16 Boeing 787 passenger aircraft fitted with General Electric GEnx engines, with expected delivery by 2025. The rise in investment in expanding the aircraft fleet is anticipated to drive the flight planning software market from 2023 to 2031.

The government of China's commitment to establishing key airports as international hubs has resulted in colossal investments, cutting-edge terminals, and advanced technologies. For example, according to the government's transportation network planning outline, China aims to add 400 airports by 2035. The country had a fleet of more than 240 in 2022. In addition, as per the Civil Aviation Administration of China (CAAC), China has 32 airports suffering from capacity overload, and 40 of the country's 50 largest airports need renovation or expansion. China's 14th Five-Year Plan covers 140 airport projects, including greenfield construction, relocation, renovation, and expansion, by 2025. With sustained investments and a focus on innovation toward airport infrastructure, China continues to shape its airport infrastructure to accommodate escalating passenger numbers and assert its influence in the global aviation landscape. This is expected to boost the demand for flight planning software to monitor and analyze the rise in the number of flights, schedule routes, and optimize fuel efficiency and air traffic in the coming years.

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