|By PR Newswire||
|June 10, 2013 07:05 AM EDT||
DUBLIN, June 10, 2013 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/p2ks9l/global_airline) has announced the addition of the "Global Airline Industry 2013-2020: Trend, Profit, and Forecast Analysis" report to their offering.
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The global airline industry comprises air transport service providers of passenger and cargo. Industry services are used by individuals and business,international, domestic, and regional and governments around the world. The industry is fragmented in terms of suppliers and buyers. North America led this industry, followed by Europe and Asia in 2012. Growth of the North American market is driven by growing demand in long-haul international services.
The global airlines industry experienced good growth during the past five years and is expected to reach an estimated $832.8 billion in 2020 with a CAGR of 3.7% over the next seven years (2013-2020). Increasing demand from emerging economies, continuous demand for new low-cost carriers, deregulation, and rising middle class are factors driving growth in markets such as Asia and the Middle East.
As the study indicates, the European market growth is driven by development of air transport in Eastern Europe and intra-continental travel within the European Union. Asian growth is driven by rising per capita GDP in emerging economies such as China, India, and countries in the Middle East such as UAE and Saudi Arabia.
Features and Scope of this Report:
To make any investment or strategic decision, you need adequate and timely information. This market report fulfills this core need. Some of the features of this market report are:
- Industry size estimates in terms of (US $) value by regions and by segments
- Global airline industry analysis annual trend (2007-2012) and forecast (2013-2020)
- Porter's Five Force analysis
- New product launch and merger and acquisition activity in global airline industry analysis
- Gross and net profit trends in the global airline industry analysis
- Cost structure trend in the global as well as regional airline analysis
For more information visit http://www.researchandmarkets.com/research/p2ks9l/global_airline
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