Airlines Global Business Report 2024-2030: Low Cost Carriers (LCCs) to Expand Opportunities for MRO – A US$1.1 Trillion Market by 2030

DUBLIN, April 2, 2024 /PRNewswire/ — The “Airlines – Global Strategic Business Report” has been added to  ResearchAndMarkets.com’s offering.

The global market for Airlines estimated at US$638.7 Billion in the year 2023, is projected to reach a revised size of US$1.1 Trillion by 2030, growing at a CAGR of 7.6% over the analysis period 2023-2030.

Passenger Airlines, one of the segments analyzed in the report, is projected to record 8.2% CAGR and reach US$922.6 Billion by the end of the analysis period. Growth in the Freight Airlines segment is estimated at 5.4% CAGR for the next 8-year period.

The Airlines market in the U.S. is estimated at US$104.5 Billion in the year 2023. China, the world’s second largest economy, is forecast to reach a projected market size of US$238.9 Billion by the year 2030 trailing a CAGR of 9.1% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.7% and 6% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 7.1% CAGR.

Key Market Trends & Drivers

Air Passenger Traffic and Demand for Modern Aircraft Present Long-term Growth Opportunities for the MarketBusiness & General Aviation Segment Poised to Lead Future Growth in the MarketDemand for Airlines and Aircraft MRO Markets ForeseenNeed to Reduce Operating Costs Drives Growth in MRO Outsourcing ServicesLow Cost Carriers (LCCs) to Expand Opportunities for MROLow Cost Airlines Market Gives Rise to Need for Right Sized MRO Practices and ProceduresAging Aircraft Fleet Outlines the Importance of MRO ServicesCritical Importance of MRO in Aircraft Safety Reinforces MRO Logistics MarketAirlines Market to Reap Benefit from New Era of Connected AircraftBig Data Transforming Aviation SectorEmerging New Technologies for Urban Mobility to Step-Up the Excitement in the Market, Post Pandemic

The report features profiles of 350+ featured companies. A selection of companies in the report includes:

Japan Airlines Co., Ltd.EVA Airways CorporationAir AstanaAir New Zealand Ltd.Cathay Pacific Airways LimitedFINNAIRIcelandairEmirates SkyCargoFly LEVEL SLGOL (Gol Transportes Aereos)Air Charter Service India Pvt Ltd. (ACS)DHL AviationChangi Airport Group (Singapore)Coast To Coast Travel AgencyHotel Connections

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Airlines: A PreludePassenger Transport SectorCargo TransportIndustry StructureCargo vs. Passenger Traffic: A Comparative OverviewAirlines` Revenue StreamGlobal Airlines Market: Prospects & OutlookAntiquated Rules that Hampers Air IndustryWorld Airlines Market by Sector (2020 & 2027): Percentage Breakdown of Revenues for Passenger, and FreightAdvancements in Air TravelBoom in Aviation BiofuelsGeographic AnalysisWorld Airlines Market by Region (2023 & 2030): Percentage Breakdown of Revenues for Developed and Developing RegionsWorld Airlines Market – Geographic Regions Ranked by CAGR (Revenues) for 2023 & 2030: China, Asia-Pacific, Latin America, Europe, Middle East, Africa, Canada, USA, and JapanCompetitive LandscapeRecent Market ActivityAirlines – Global Key Competitors Percentage Market Share in 2023 (E)Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

Trends in Commercial Aviation ActivityExpected Revenue Losses in Global Aviation (In US$ Billion) for the Year 2023Global Commercial Aircraft Fleet Projections: Breakdown of Fleet (in Units) by Region for 2019 and 2039Global Airline Industry: Number of Scheduled Passengers Boarded (in Million) for 2010-2023Number of General Aviation Aircrafts Produced Worldwide for the Years 2010-2023Global General Aviation Market: Revenue Share (in %) by Aircraft Type for 2023Global Market for MRO (In US$ Million) for Years 2021, 2023, 2025, 2027Low Cost Airlines Market Gives Rise to Need for Right Sized MRO Practices and Procedures: Global Low Cost Airlines Market (In US$ Billion) for the Years 2019, 2022 & 2025Average Age of Globally Operating Aircraft Fleet (in Years): (2020 & 2030)Average Age of Select Airlines Around the World (in Years): 2023Global Number of Aircraft Accidents per Million Departures (2010-2023)Global Number of Fatalities on Commercial Flights (2010-2023)Global Number of Connected Aircraft (In Units) for the Years 2016, 2018, 2021, 2025 & 2029

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

United StatesCanadaJapanChinaEuropeFranceGermanyItalyUnited KingdomSpainRussiaRest of EuropeAsia-PacificAustraliaIndiaSouth KoreaRest of Asia-PacificLatin AmericaArgentinaBrazilMexicoRest of Latin AmericaMiddle EastIranIsraelSaudi ArabiaUnited Arab EmiratesRest of Middle EastAfrica

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/hsma53

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