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(USGovernment-News.Com, January 21, 2019 ) The Business Research Company’s air transportation global market report, covers the year-on-year growth of the global air transportation market historic and forecast growth. It also includes chapters on the air transportation market trends, geographical analysis, and competitive landscape.
The global air transportation market size is expected to reach $770 Billion by 2022, significantly growing at a CAGR of around 4% during the forecast period.
Air Transportation Market Trends:
The air transportation services market consists of sales of air transportation services by entities (organizations, sole traders and partnerships) that use aircraft, such as airplanes and helicopters to provide air transportation services of passengers and/or cargo. It includes services offered by both scheduled and nonscheduled air carriers, but scenic and sightseeing air transportation and air courier services are not included within the air transportation market.
Increasing focus on novelty and convenience in the aviation industry and adoption of automation techniques are the major trends witnessed in the global air transportation industry.
The global air transportation market is primarily driven by favorable government policies, rising disposable income and increasing public private in emerging markets.
The global air transportation market report covers the following regions under the geographical analysis section: Asia Pacific, Western Europe, North America, Middle East, Africa, South America, and Eastern Europe. Major countries under each of these regions are also covered under the country analysis chapters.
With stable economic growth outlook in many developed and developing economies and increasing public and private investments to develop airports in untapped regions, the global air transportation market is expected to increase in potential and scope. TBRC’s report also covers the air transportation drivers and restraints in the market.
The global air transportation market’s segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates.
The top companies included in the global air transportation market report are American Airlines Group, Delta Air Lines, United Continental Holdings, Lufthansa Group and FedEx.
About The Business Research Company:
The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.
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