Freighter Conversions Market: The Transformational Role in Global Air Cargo (2024-2030)
The global Freighter Conversions Market is the constantly evolving aviation industry, one of the most notable trends is the surge in freighter conversions—transforming passenger aircraft into cargo planes. This growing market is driven by the increasing demand for air cargo, the rise of e-commerce, and the need for more cost-effective and environmentally sustainable air freight solutions. Freighter conversions allow airlines and cargo operators to adapt their fleets to the expanding global logistics sector without the significant expense of purchasing new aircraft. The freighter conversions market was valued at $2.30 billion in 2023 and is expected to grow to $2.62 billion in 2024, eventually reaching a robust $5.00 billion by 2030. With a compound annual growth rate (CAGR) of 5.80%, this market is poised for rapid growth. This blog explores the key drivers, trends, challenges, and opportunities in the freighter conversions market and how it is reshaping the future...