he global Aircraft Insurance Market was valued at USD 5.79 billion in 2023 and is projected to grow steadily over the coming years. According to recent estimates, the market is expected to increase from USD 6.07 billion in 2024 to reach USD 10.2 billion by 2035, growing at a compound annual growth rate (CAGR) of 4.82% between 2025 and 2035.
This growth is driven by rising air traffic, increasing commercial and defense aircraft fleets, and the growing need for comprehensive risk coverage. As aviation activities expand globally, airlines and operators are placing greater emphasis on asset protection, boosting demand for aircraft insurance services. Furthermore, advancements in aviation technology and stricter regulatory compliance contribute to the rising insurance needs. With the aviation industry rapidly recovering and evolving post-pandemic, insurers are also innovating in policy structures, creating a dynamic outlook for the Aircraft Insurance Market.
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