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Passenger to Freighter Market Size, Share & COVID-19 Impact Analysis, By Build Type (New Build and Refurbished), By Aircraft Model (Narrow Body, Wide Body, and Regional Jets), By Fitment (Slot/Retro Fitment and Line Fitment), and Regional Forecast, 2022-2029

Last Updated: November 17, 2025 | Format: PDF |Report ID: FBI107354

 

Fortune Business Insights follows a systematic, precise, and transparent research process, designed to deliver accurate and reliable information. Primary Data Collection – the strong foundation of our methodology, where we conduct in-depth interviews with key industry stakeholders, executives, product managers, distributors, regulators, and subject matter experts. This approach allows us to capture real-time perspectives, industry trends, emerging opportunities, and hidden challenges that remain absent from public sources.

Our primary research is reinforced by factual data gathered from credible secondary sources. Plus our desk research process collects information from company annual reports, industry association publications, government and regulatory databases, and paid commercial databases such as Factiva, Bloomberg, and Statista. These findings aid in mapping industry size, competitive dynamics, regulatory landscapes, and historical trends, which build the core of our data-driven approach.

Research Methodology- Research Process

Project Kick off
Project Kick-off
Setting up the research team
Clearly define the research objectives, research scope, methodology, timelines and challenges
Desk research
Desk Research
Develop contact lists, discussion guides, and market models.
Conduct desk research through credible published sources and in-house databases to collect relevant data for meeting research objectives.
Primary Research
Primary Research
Discussions with key opinion leaders (KOLs), industry experts and stakeholders to gather insights for meeting research objectives and validate market numbers estimated through market models.
Analysis and Report Writing
Analysis & Report Writing
Analyze the data gathered through desk & primary research to build the report, conclusions and recommendations based on research objectives by seasoned internal domain experts.

Focus On Accuracy

Step 1

Validation of all figures through proprietary modeling and data triangulation, combining primary insights, secondary data, and bottom-up/top-down approaches to ensure accuracy and consistency.

Step 2

Use of a transparent, systematic research process centered on primary interviews with industry experts to deliver accurate, real-time insights and uncover hidden market challenges.

Step 3

Use of credible secondary sources such as company reports, association data, and databases to build a data-driven foundation for industry size, competition, regulation, and trend analysis.

Step 4

Report authored by domain experts who provide sector-specific insights that reflect real market nuances.

Step 5

All market estimates and insights are developed by human analysts, with AI used only to support data sourcing and process efficiency.

WHAT SETS US APART FROM OTHER COMPANIES

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Our ready reports, which are well-researched are delivered immediately post purchase and we need substantial timelines for upcoming/revamp reports to ensure we follow a robust research methodology. We DO NOT build reports in 24 to 48 hours as it is not possible for any credible firm to deliver a quality report within this timeframe.
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We use a detailed bottom-up approach to estimate the market numbers. The distribution of the market by various segments is analyzed at the regional/country level based on various market dynamics, trends and developments. We DO NOT apply the global distribution to the regional/country markets that lacks thorough research.
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All our market numbers estimated through various market models/approaches are validated through paid interviews with key stakeholders. We DO NOT build reports based on desk research sources only.
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We provide continuous support after the delivery of the report to address queries and cover additional requirements (free customization or additional cost). Our relationship with the client DOES NOT end with the delivery of the report.
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We have an experienced and dedicated research panel in each domain. We publish only limited well researched reports, with an average timeline of 1.5 to 2 months for each report.

TEAM SIZE

Team size

On an average, an analyst (and supporting team) spends around 1.5-2 months to build a single report.

The timeline ensures that we are able to adopt a robust research methodology involving a top-down and bottom-up approach to estimate the market numbers.

We DO NOT rely on desk research sources only to build our reports. Data collected through credible desk research sources is supported by insights gathered through considerable number of paid interviews with relevant stakeholders (supply-side and demand-side).

Building an accurate & credible report through secondary and primary research sources is possible in a longer timeline only.

Proprietary market modeling techniques and a robust data triangulation approach are employed to validate every published figure. We arrive at our final estimates and forecasts by aligning findings from primary interviews, secondary data, and internal models. This tiered filter ensures the cross-verification of all data points for accuracy, consistency, and logical coherence. Our analysts implement bottom-up and top-down approaches, drawn from demand-side and supply-side perspectives.

Research Methodology Approach

Research Methodology - Data Source

Primary Research

Interviews with stakeholders in major

companies operating in the market (supply-side interviews)

Interviews with stakeholders in the end-user industries (demand-side interviews)

Interviews with experts and key opinion leaders with considerable experience in the specific industry

Secondary Research

Annual reports & investor presentations published by major companies operating in the market

Reports, articles, surveys published by relevant associations and trade bodies

Government databases and regulatory filings

Academic journals, articles, and whitepapers

Paid databases such as Statista, Bloomberg, Factiva, D&B Hoovers, and other databases relevant to the market

  • 2018-2029
  • 2021
  • 2018-2020
  • 200
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Airbus
Mitsubishi - AD
Bae Systems
Booz Allen Hamilton
Fukuda Densji
Hanwha
Korea Aerospace Research Institute
Leonardo DRS
Lufthansa
National Space Organization, Taiwan
NEC
Nokia
Northrop Grumman Corporation
Rafael
Safran
Saudi Telecommunication Company
Swissport
Tata Advanced Systems
Teledyne
Textron