DUBLIN--(BUSINESS WIRE)--The "Global Aviation Market - Growth, Trends and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.
The Aviation Market can be classified under two categories; Civil Aviation, and military aviation. Growth rates of scheduled air transport and military aviation market will set the trend for the overall rate of growth for global aviation. Intra-Regional routes are expected to remain the core of the commercial aircraft market, as it accounts for around 80% of global traffic. General Aviation Market with annual sales of just over $25 billion stands at a distant third, within the global aviation market.
It is observed that decisions of airline fleet are evolving from capacity-driven to profit-driven. Declining yields is driving this trend. Airlines will observe capacity discipline to achieve higher profits per passenger. There is a broad consensus about the long-term oil price outlook. Current forecasts by the US Energy Information Agency (EIA), OPEC and the World Bank indicate that the price of oil could bounce back to USD 80 from USD 100 per barrel. Higher oil prices influence airline decisions to replace or retire less efficient aircraft types. As oil price volatility surges, the demand for more fuel-efficient and segment optimized aircraft is likely to increase.
The Military Turbine Fixed Wing Market is showing tremendous growth due to massive spending in emerging economies, like India, China, and Russia. India recently placed an order for 6 Lockheed Martin Super Hercules Aircraft and the Boeing P8i Orion Maritime Surveillance aircraft, reaffirming the potential of the growth prospect for military aviation.
- Bombardier Inc
- Textron Aviation
- Lockheed Martin
- Honda Aircraft Company
- Piper Aircraft
- Dassault Aviation
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Market Overview And Technology Trends
5. Market Dynamics
6. Aviation Market, segmented by type
7. Aviation Market, Segmented by Geography
8. Competitive Landscape
9. Company Profiles
10. Future Outlook of the market
For more information about this report visit https://www.researchandmarkets.com/research/spmtxw/global_aviation?w=4