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Aerospace insurance to reach new heights in next few years

November 30, 2023


The aerospace insurance market is poised for growth, with an expected increase of US$763.67 million from 2022 to 2027. During this forecast period, the market is projected to advance at a compound annual growth rate (CAGR) of 4.36%.

A new report from Technavio revealed that this market is categorised by end-user segments including service providers, airport operators, and others, and by types such as in-flight insurance, public liability insurance, passenger liability insurance, and more. Geographically, the market spans across regions like Europe, North America, Asia-Pacific, the Middle East and Africa, and South America.

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