Outlook on the Passenger Air Transport Global Market to 2030 - Identify Growth Segments for Investment

Research and Markets
·8 min read

Dublin, March 04, 2021 (GLOBE NEWSWIRE) -- The "Passenger Air Transport Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering.

This report provides strategists, marketers and senior management with the critical information they need to assess the global passenger air transport market as it emerges from the COVID-19 shut down.

The global passenger air transport market is expected to grow from $460.07 billion in 2020 to $524.82 billion in 2021 at a compound annual growth rate (CAGR) of 14.1%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $657.15 billion in 2025 at a CAGR of 6%.

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Where is the largest and fastest growing market for the passenger air transport? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Passenger Air Transport market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider passenger air transport market, and compares it with other markets.

  • The market characteristics section of the report defines and explains the market.

  • The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the COVID-19 virus and forecasting its recovery.

  • Market segmentations break down market into sub markets.

  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of COVID-19 for all regions, key developed countries and major emerging markets.

  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.

  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

  • The passenger air transport market section of the report gives context. It compares the passenger air transport market with other segments of the air transport market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, passenger air transport indicators comparison.

Major companies in the passenger air transport market include American Airlines; Delta Airlines; UnitedContinental; Deutsche Lufthansa and Air France KLM.

The passenger air transport services market consists of sales of passenger air transportation services and related goods by entities (organizations, sole traders and partnerships) that use aircraft, such as airplanes and helicopters to provide air transportation services for passengers. It includes services offered by both scheduled and nonscheduled air carriers. The passenger air transport market is segmented into domestic air passengers and international air passengers.

Asia Pacific was the largest region in the global passenger air transport market, accounting for 31% of the market in 2020. North America was the second largest region accounting for 30% of the global passenger air transport market. Africa was the smallest region in the global passenger air transport market.

The use of analytics is rapidly growing in the aviation industry to capture critical insights from customers and operations data. It allows airlines to offer personalized services to its customers by using data analytics tools at every customer touch point. The growing use of analytics in the aviation industry is mainly a result of increasing competition between airlines. As a result, commercial airline is looking to enhance customer satisfaction levels by analysing parameters such as ticket sales and passenger profile and purchase history. For instance, Chicago-based United Airlines analyses 150 variables in a customer profile to offer a more personalized offer. Major companies using analytics in the aviation industry are Southwest Airlines, Delta Airlines, United Airlines.

The increase in global tourism is expected to fuel the growth of the passenger air transport market in the forecast period. Global tourism is probably the largest movement of goods, services and people and it is a major force for economic growth and socio-political transition. According to the United Nations World Tourism Organization (UNWTO) global investment on tourism reached US$1.7 billion, an increase of 4%, outpacing the national economy in 2018 and is expected to cross US$ 23 million by 2023. Therefore, the increase in global tourism drives the growth of the passenger air transport market.

Key Topics Covered:

1. Executive Summary

2. Report Structure

3. Passenger Air Transport Market Characteristics
3.1. Market Definition
3.2. Key Segmentations

4. Passenger Air Transport Market Product Analysis
4.1. Leading Products/ Services
4.2. Key Features and Differentiators
4.3. Development Products

5. Passenger Air Transport Market Supply Chain
5.1. Supply Chain
5.2. Distribution
5.3. End Customers

6. Passenger Air Transport Market Customer Information
6.1. Customer Preferences
6.2. End Use Market Size and Growth

7. Passenger Air Transport Market Trends and Strategies

8. Impact of COVID-19 on Passenger Air Transport

9. Passenger Air Transport Market Size and Growth
9.1. Market Size
9.2. Historic Market Growth, Value ($ Billion)
9.2.1. Drivers of the Market
9.2.2. Restraints on the Market
9.3. Forecast Market Growth, Value ($ Billion)
9.3.1. Drivers of the Market
9.3.2. Restraints on the Market

10. Passenger Air Transport Market Regional Analysis
10.1. Global Passenger Air Transport Market, 2020, by Region, Value ($ Billion)
10.2. Global Passenger Air Transport Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Region
10.3. Global Passenger Air Transport Market, Growth and Market Share Comparison, by Region

11. Passenger Air Transport Market Segmentation
11.1. Global Passenger Air Transport Market, Segmentation by Type
11.2. Global Passenger Air Transport Market, Segmentation by Class

12. Passenger Air Transport Market Metrics
12.1. Passenger Air Transport Market Size, Percentage of GDP, 2015-2025, Global
12.2. Per Capita Average Passenger Air Transport Market Expenditure, 2015-2025, Global

13. Asia-Pacific Passenger Air Transport Market

14. Western Europe Passenger Air Transport Market

15. Eastern Europe Passenger Air Transport Market

16. North America Passenger Air Transport Market

17. South America Passenger Air Transport Market

18. Middle East Passenger Air Transport Market

19. Africa Passenger Air Transport Market

20. Passenger Air Transport Market Competitive Landscape
20.1. Competitive Market Overview
20.2. Market Shares
20.3. Company Profiles
20.3.1. American Airlines
20.3.1.1. Company Overview
20.3.1.2. Products and Services
20.3.1.3. Strategy
20.3.1.4. Financial Performance
20.3.2. Delta Airlines
20.3.2.1. Company Overview
20.3.2.2. Products and Services
20.3.2.3. Strategy
20.3.2.4. Financial Performance
20.3.3. UnitedContinental
20.3.3.1. Company Overview
20.3.3.2. Products and Services
20.3.3.3. Strategy
20.3.3.4. Financial Performance
20.3.4. Deutsche Lufthansa
20.3.4.1. Company Overview
20.3.4.2. Products and Services
20.3.4.3. Strategy
20.3.4.4. Financial Performance
20.3.5. Air France KLM
20.3.5.1. Company Overview
20.3.5.2. Products and Services
20.3.5.3. Strategy
20.3.5.4. Financial Performance

21. Key Mergers and Acquisitions in the Passenger Air Transport Market

22. Market Background: Air Transportation Market
22.1. Air Transportation Market Characteristics
22.2. Air Transportation Market Historic and Forecast, 2015-2020, 2020-2025F, 2030F Growth, by Segment, Value ($ Billion), Global
22.3. Global Air Transportation Market, 2020, by Region, Value ($ Billion)
22.4. Global Air Transportation Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Region
22.5. Global Air Transportation Market, 2015-2020, 2020-2025F, 2030F, Segmentation by Type, Value ($ Billion)

23. Recommendations
23.1. Global Passenger Air Transport Market in 2025 - Growth Countries
23.2. Global Passenger Air Transport Market in 2025 - Growth Segments
23.3. Global Passenger Air Transport Market in 2025 - Growth Strategies

24. Appendix
24.1. NAICS Definitions of Industry Covered in this Report
24.2. Abbreviations
24.3. Currencies
24.4. Research Inquiries
24.5. About the Publisher

25. Copyright and Disclaimer

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