DUBLIN--(BUSINESS WIRE)--The "North America Air Cargo Market to 2027 - Regional Analysis and Forecasts by Type; Service; and End User" report has been added to ResearchAndMarkets.com's offering.
The North America air cargo market accounted for US$ 21.01 Bn in 2018 and is expected to grow at a CAGR of 2.4% over the forecast period 2019-2027, to account for US$ 25.99 Bn in 2027.
The positive impact of the growing e-commerce sector is the key driver that is propelling the growth of the air cargo market. Moreover, the focus on design and implementation of various software solutions across the region is expected to boost the air cargo market growth in the forecast period. The e-commerce industry gathered pace in the early part of this decade with advancements in the internet infrastructures & speed, as well as increasing smartphones and internet penetration among the users.
E-commerce sparked an upheaval in the consumers buying behavior and also changed how businesses interact with each other. As the global e-commerce market is heating up, changing buying patterns and trends, have been observed in different countries of the region with regards to the product category preferred for online purchase. Air cargo is a significant component of the e-commerce ecosystem to manage the transportation of goods globally.
In contrast with the retail store, the e-commerce business is accountable for ensuring timely delivery, and if the goods or products are returned, then the company has to manage all the operations in reverse logistics. In the e-commerce business, air cargo service providers deliver flexibility & scalability, upgraded technology, and efficiency & specialization. Moreover, the services provided by air cargo firms to e-commerce business are data management, real-time tracking, safe transportation, reduced time, and others. The air cargo market players are focusing on various initiatives to enhance its reach to rural areas and boost its position in the market.
The air cargo market is fragmented with the presence of several industries, and the competitive dynamics in the market is expected to change during the upcoming years. In addition to this, various initiatives are undertaken by the governmental bodies to accelerate the air cargo market further.
Key Topics Covered:
1.1 Scope of the Study
1.2 Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.2 Secondary Research
3.3 Primary Research
4. Air Cargo Market Landscape
4.1 Market overview
4.2 Ecosystem Analysis
4.3 PEST Analysis
4.3.1 North America PEST Analysis
5. Air Cargo Market - Key Industry Dynamics
5.1 Key Market Drivers
5.1.1 Positive Impact of Growing E-Commerce Sector
5.2.1 Negative Influence of Market Uncertainty
5.3.1 Increase in Adoption of Air Freight Services By Consumer Electronics Industry
5.4 Future Trends
5.4.1 Design and Implementation of Various Software Solutions
5.5 Impact Analysis of Drivers & Restraints
6. Air Cargo - North America Market Analysis
6.1 North America Air Cargo Market Overview
6.2 North America Air Cargo Market Forecast and Analysis
7. North America Air Cargo Market Analysis - By Type
7.2 North America Air Cargo Market Breakdown, By Type, 2018 & 2027
7.3 Air Mail
7.4 Air Freight
8. North America Air Cargo Market Analysis - By Service
8.2 North America Air Cargo Market Breakdown, By Service, 2018 & 2027
9. Air Cargo Market Revenue and Forecasts to 2027 -End-User
9.2 North America Air Cargo Market Breakdown, By End-User, 2018 & 2027
9.4 Pharmaceutical & Healthcare
9.5 Food & Beverages Market
9.6 Consumer Electronics Market
10. North America Air Cargo Market - Country Analysis
11. Industry Landscape
12. Company Profiles
- ANA Cargo Inc. (ANA Group)
- Lufthansa Cargo AG
- United Parcel Service of America, Inc.
- Etihad Cargo
- Fedex Corporation
- Cargolux Airlines International S.A.
- DHL International GmbH
- Emirates SkyCargo
- Cathay Pacific Cargo
- Zela Aviation
For more information about this report visit https://www.researchandmarkets.com/r/on60kz