LONDON--(BUSINESS WIRE)--Technavio has been monitoring the commercial airlines market and it is poised to grow by USD 184.19 bn during 2020-2024, progressing at a CAGR of about 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Frequently Asked Questions:
What are the major trends in the market?
Increasing penetration of blockchain in the airlines industry is a major trend driving the growth of the market.
At what rate is the market projected to grow?
The year-over-year growth for 2020 is estimated at 4.66% and the incremental growth of the market is anticipated to be $ 184.19 bn.
Who are the top players in the market?
Air France-KLM SA, American Airlines Group Inc., ANA HOLDINGS Inc., China Eastern Airlines Corp. Ltd., China Southern Airlines Co. Ltd., Delta Air Lines Inc., Deutsche Lufthansa AG, International Consolidated Airlines Group SA, Southwest Airlines Co., and United Airlines Inc, are some of the major market participants.
What is the key market driver?
The creation of new air routes is one of the major factors driving the market.
How big is the APAC market?
The APAC region will contribute 54% of the market share.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Air France-KLM SA, American Airlines Group Inc., ANA HOLDINGS Inc., China Eastern Airlines Corp. Ltd., China Southern Airlines Co. Ltd., Delta Air Lines Inc., Deutsche Lufthansa AG, International Consolidated Airlines Group SA, Southwest Airlines Co., and United Airlines Inc. are some of the major market participants. The creation of new air routes will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Commercial Airlines Market 2020-2024: Segmentation
Commercial Airlines Market is segmented as below:
- North America
- South America
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Commercial Airlines Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The commercial airlines market report covers the following areas:
- Commercial Airlines Market Size
- Commercial Airlines Market Trends
- Commercial Airlines Market Industry Analysis
This study identifies the increasing penetration of blockchain in the airlines industry as one of the prime reasons driving the commercial airlines market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Commercial Airlines Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist commercial airlines market growth during the next five years
- Estimation of the commercial airlines market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the commercial airlines market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of commercial airlines market vendors
Table of Contents:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
- Value chain analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2019
- Market size and forecast 2019-2024
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY REVENUE STREAM
- Market segmentation by revenue stream
- Comparison by revenue stream
- Passenger - Market size and forecast 2019-2024
- Cargo - Market size and forecast 2019-2024
- Market opportunity by revenue stream
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 11: MARKET TRENDS
- Rising preference for smart airports
- Growing demand for luxury air travel
- Increasing penetration of blockchain in airlines industry
PART 12: VENDOR LANDSCAPE
- Landscape disruption
- Competitive scenario
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Air France-KLM SA
- American Airlines Group, Inc.
- ANA HOLDINGS Inc.
- China Eastern Airlines Corp. Ltd.
- China Southern Airlines Co. Ltd.
- Delta Air Lines Inc.
- Deutsche Lufthansa AG
- International Consolidated Airlines Group SA
- Southwest Airlines Co.
- United Airlines, Inc.
PART 14: APPENDIX
- Research methodology
- List of abbreviations
Definition of market positioning of vendors
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