100+ datasets found
  1. Global Airline Industry market size is USD 548415.2 million in 2024.

    • cognitivemarketresearch.com
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    Updated Aug 10, 2024
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    Cognitive Market Research (2024). Global Airline Industry market size is USD 548415.2 million in 2024. [Dataset]. https://www.cognitivemarketresearch.com/airline-industry-market-report
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    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Aug 10, 2024
    Dataset authored and provided by
    Cognitive Market Research
    License

    https://www.cognitivemarketresearch.com/privacy-policyhttps://www.cognitivemarketresearch.com/privacy-policy

    Time period covered
    2021 - 2033
    Area covered
    Global
    Description

    According to Cognitive Market Research, the global Airline Industry market size will be USD 548415.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 4.00% from 2024 to 2031.

    North America held the major market share for more than 40% of the global revenue with a market size of USD 219366.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.2% from 2024 to 2031.
    Europe accounted for a market share of over 30% of the global revenue with a market size of USD 164524.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.5% from 2024 to 2031.
    Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 126135.50 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.0% from 2024 to 2031.
    Latin America had a market share of more than 5% of the global revenue with a market size of USD 27420.76 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.4% from 2024 to 2031.
    Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 10968.30 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031.
    The Passenger Aircraft held the highest Airline Industry market revenue share in 2024.
    

    Market Dynamics of Airline Industry Market

    Key Drivers for Airline Industry Market

    Increased demand for air cargo to propel market growth

    Increased demand for air cargo is a key driver of growth in the airline sector market. The advent of e-commerce, combined with global supply chain integration, has increased the demand for rapid and dependable delivery services. Airlines are profiting from this trend by increasing cargo capacity, investing in specialist freighter aircraft, and improving logistics. Furthermore, the increased importance of carrying high-value, time-sensitive items like medications and electronics drives up demand. By focusing on air cargo, airlines may diversify income streams, increase profitability, and reduce the volatility of passenger travel demand, ensuring long-term market growth.

    Growing technological advancements to propel market growth

    Technological advances are expected to drive significant expansion in the airline sector market. Aircraft design innovations, such as more fuel-efficient engines and lightweight materials, help to minimize operational costs and environmental effects. Advanced avionics and navigation systems increase safety and efficiency, while digital technologies such as artificial intelligence and big data analytics improve route planning, maintenance, and customer service. The use of automation in ticketing, check-in, and baggage processing enhances both the passenger experience and operational efficiency. Furthermore, the use of in-flight connections and individualized entertainment selections improves client happiness. Airlines that embrace these technological innovations can raise competitiveness, save costs, and satisfy changing consumer expectations, resulting in long-term market growth and profitability.

    Restraint Factor for the Airline Industry Market

    Fuel price fluctuation severely limits expansion in the airline sector market. Fuel expenditures make up a significant amount of an airline's operating expenses. Therefore, fluctuations in crude oil prices are a major worry. Sudden increases in fuel prices can erode business margins, causing airlines to boost ticket rates, which may reduce demand. Unpredictable declines in fuel prices, on the other hand, present budgeting and financial planning issues. Furthermore, hedging options for managing fuel price risks can be costly and difficult. This unpredictability complicates long-term strategy planning, fleet upgrade investments, and other capital expenditures. As a result, airlines must constantly react to fluctuating fuel costs, compromising their capacity to maintain stable and competitive operations and limiting total market growth and profitability.

    Impact of Covid-19 on the Airline Industry Market

    The COVID-19 pandemic had a major impact on the airline industry market, resulting in an unparalleled fall in air travel demand. Travel restrictions, quarantine measures, and health concerns led to a significant drop in both passenger and freight flights, resulting in substantial economic losses. Airlines experienced severe liquidity constrai...

  2. Market size of the global airline industry 2018-2023

    • statista.com
    Updated Dec 11, 2024
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    Statista (2024). Market size of the global airline industry 2018-2023 [Dataset]. https://www.statista.com/statistics/1110342/market-size-airline-industry-worldwide/
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    Dataset updated
    Dec 11, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Worldwide
    Description

    In 2023, the global market size of the industry was estimated at 762.8 billion U.S. dollars, a five percent increase in value from the year before. Amid the coronavirus pandemic, the airline industry was one of the most affected businesses worldwide.

  3. v

    Global Airlines Market Size By Transport (Domestic, International), By...

    • verifiedmarketresearch.com
    Updated Nov 22, 2024
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    VERIFIED MARKET RESEARCH (2024). Global Airlines Market Size By Transport (Domestic, International), By Application (Passenger, Freight), By Geographic Scope And Forecast [Dataset]. https://www.verifiedmarketresearch.com/product/airlines-market/
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    Dataset updated
    Nov 22, 2024
    Dataset authored and provided by
    VERIFIED MARKET RESEARCH
    License

    https://www.verifiedmarketresearch.com/privacy-policy/https://www.verifiedmarketresearch.com/privacy-policy/

    Time period covered
    2024 - 2031
    Area covered
    Global
    Description

    Airlines Market size was valued at USD 569.02 Billion in 2023 and is projected to reach USD 732.66 Billion by 2031, growing at a CAGR of 3.21% from 2024 to 2031.

    Key Market Drivers:

    Rising Air Passenger Traffic: Global air travel demand is increasing, driven by a growing middle class and expanding tourism. The International Air Transport Association (IATA) forecasts global passenger numbers will reach 8.2 billion by 2037, up from 4.5 billion in 2019. Emerging economies in Asia-Pacific and the Middle East are leading this growth, accounting for more than 50% of new passenger demand.

  4. Global airline industry - revenue market share 2023

    • statista.com
    Updated Dec 16, 2024
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    Statista (2024). Global airline industry - revenue market share 2023 [Dataset]. https://www.statista.com/statistics/1537128/global-airline-industry-revenue-market-share/
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    Dataset updated
    Dec 16, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2023
    Area covered
    Worldwide
    Description

    The global airline industry's revenue distribution showcased the dominance of established markets, with the United States and Canada leading at 29.4 percent market share. This North American stronghold was closely followed by Europe at 28.2 percent, while emerging markets in Latin America contributed a modest 5 percent to the industry's revenue landscape. North American carriers maintain leadership American carriers continued to set the pace in the global airline sector. American Airlines stood out as a front-runner, operating 178,878 flights in North America in 2024, surpassing Delta Air Lines' 140,950 flights. This operational prowess was similar in passenger traffic, with American Airlines carrying nearly 211 million passengers in 2023, while Delta Air Lines followed with 190 million. The financial implications of the company were significant. In the fiscal year 2023, American Airlines Group's operating revenue was 52.8 billion U.S. dollars, representing an eight percent increase from the previous year. Ancillary revenue and Middle Eastern growth While North American carriers led in overall market share, other regions and revenue streams were gaining importance. In 2023, Middle Eastern carriers were making significant strides in passenger traffic. Emirates Airline transported nearly 52 million passengers in 2023, with Qatar Airways Group following at 40 million, highlighting the growing influence of Middle Eastern airlines in the global aviation landscape.

  5. Aviation Market Analysis APAC, Europe, North America, Middle East and...

    • technavio.com
    Updated Jul 15, 2024
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    Technavio (2024). Aviation Market Analysis APAC, Europe, North America, Middle East and Africa, South America - US, China, UK, Germany, India - Size and Forecast 2024-2028 [Dataset]. https://www.technavio.com/report/aviation-market-analysis
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    Dataset updated
    Jul 15, 2024
    Dataset provided by
    TechNavio
    Authors
    Technavio
    Time period covered
    2021 - 2025
    Area covered
    Germany, United Kingdom, United States, Global
    Description

    Snapshot img

    Aviation Market Size 2024-2028

    The aviation market size is forecast to increase by USD 636.7 billion at a CAGR of 8.09% between 2023 and 2028.

    The market is witnessing significant growth due to several key trends. The increasing efficiency of commercial airlines is driving market growth, as carriers seek to reduce operational costs and enhance passenger experience. Another trend is the shift toward the use of radio-frequency identification (RFID) technology in air cargo and maintenance operations, which improves supply chain management and reduces errors. 
    However, the complexities arising from the rapid advancement of technology pose challenges to market growth. Additionally, the growing demand for business travel, especially in e-commerce and construction sectors, is fueling the market. The use of lightweight materials such as aluminum and rubber In the production of aircraft, including helicopters, piston engines, electric aircraft, and even fighter jets, is also contributing to market expansion.
    The adoption of batteries, both lithium-ion and others, in various aviation applications, including electric aircraft and backup power systems, is another emerging trend. Overall, the market is poised for robust growth, driven by these trends and the evolving needs of various industries.
    

    What will be the Size of the Aviation Market During the Forecast Period?

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    The commercial the market encompasses various segments, including passenger aircraft, freighters, military aviation, general aviation, helicopters, piston fixed-wing aircraft, turboprop aircraft, and business jets. This dynamic industry is driven by increasing passenger traffic and the growing demand for air transportation services. According to Airports Council International, global passenger traffic surpassed 8.8 billion in 2019, reflecting a steady growth trend. 
    Market participants include aircraft manufacturers, nodes, material suppliers, and third-party sales and distributors. Key materials used in aircraft production include steel, rubber, aluminum, and composite materials. The industry is undergoing significant transformation, with electrification and overhaul services gaining prominence. Private jet owners, government private airlines, business aircraft owners, and combat and non-combat aircraft operators continue to drive demand for new and used aircraft.
    The market's size and direction remain positive, with ongoing advancements in technology and sustainability shaping its future.
    

    How is this Aviation Industry segmented and which is the largest segment?

    The aviation industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

    Type
    
      Commercial aviation
      Military aviation
      General aviation
    
    
    Revenue Stream
    
      Passenger
      Freight
    
    
    Geography
    
      APAC
    
        China
        India
    
    
      Europe
    
        Germany
        UK
    
    
      North America
    
        US
    
    
      Middle East and Africa
    
    
    
      South America
    

    By Type Insights

    The commercial aviation segment is estimated to witness significant growth during the forecast period. The commercial aviation sector withIn the global aviation industry is projected to experience substantial growth in terms of market revenue compared to other segments. Commercial aviation refers to the transportation of people or cargo between different locations. This segment consists of both general aviation and scheduled airline services. Key components of commercial aviation include the wings, power plants, fuselage, tail or empennage, and landing gear. Commercial aviation serves various purposes, such as tourism, passenger travel, business travel, and freight transportation. Factors contributing to its growth include the expanding disposable income of the middle class and the emergence of low-cost airline companies, leading to an increase in air passenger numbers and the demand for commercial aviation services.

    Additionally, the air cargo market, which is a significant part of commercial aviation, is driven by e-commerce operations and the need for transporting medical supplies, cargo, and VIPs through charter operations. Commercial aircraft OEMs are focusing on delivering newer generation aircraft with improved fuel efficiency, which is a key trend In the industry. The aviation sector also includes military aviation, with spending on combat aircraft, non-combat aircraft, fixed-wing aircraft, and rotary-wing aircraft. The industry is undergoing electrification, with a focus on electric aircraft, electric motors, propellers, and electricity, as well as battery packs and carbon emission levels. Airports, private jet owners, government private airlines, business aircraft owners, and aircraft manufacturers are all integral parts of the aviation sector. The globa

  6. Worldwide Airlines Industry Share, Market Growth & Trends Forecasts Report,...

    • polarismarketresearch.com
    Updated Jan 1, 2024
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    Polaris Market Research (2024). Worldwide Airlines Industry Share, Market Growth & Trends Forecasts Report, 2024 - 2032 [Dataset]. https://www.polarismarketresearch.com/industry-analysis/airlines-market
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    Dataset updated
    Jan 1, 2024
    Dataset provided by
    Polaris Market Research & Consulting
    Authors
    Polaris Market Research
    License

    https://www.polarismarketresearch.com/privacy-policyhttps://www.polarismarketresearch.com/privacy-policy

    Description

    Global airlines market size and share are estimated to attain USD 473.91 billion by 2032, with a forecasted CAGR of 3.53% during the period. The domestic segment accounted for the largest market share in 2022, which is mainly driven by its low air fares and increasing standard of living.

  7. Airlines Market Size Worth $473.91 Billion By 2032 | CAGR: 3.53%

    • polarismarketresearch.com
    Updated Jan 2, 2025
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    Polaris Market Research (2025). Airlines Market Size Worth $473.91 Billion By 2032 | CAGR: 3.53% [Dataset]. https://www.polarismarketresearch.com/press-releases/airlines-market
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    Dataset updated
    Jan 2, 2025
    Dataset provided by
    Polaris Market Research & Consulting
    Authors
    Polaris Market Research
    License

    https://www.polarismarketresearch.com/privacy-policyhttps://www.polarismarketresearch.com/privacy-policy

    Description

    Worldwide airlines market szie and share is expected to generate revenue of USD 473.91 billion, with an impressive CAGR of 3.53% anticipated between 2023 to 2032.

  8. Commercial Airlines Market Analysis, Size, and Forecast 2025-2029: North...

    • technavio.com
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    Technavio, Commercial Airlines Market Analysis, Size, and Forecast 2025-2029: North America (US, Canada), Europe (Germany, UK, Italy, France), APAC (China, India, Japan), South America (Brazil), Middle East & Africa [Dataset]. https://www.technavio.com/report/commercial-airlines-market-analysis
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    Dataset provided by
    TechNavio
    Authors
    Technavio
    Time period covered
    2021 - 2025
    Area covered
    Italy, Japan, France, China, Brazil, Europe, Canada, Germany, United Kingdom, United States, Global
    Description

    Snapshot img

    Commercial Airlines Market Size 2025-2029

    The commercial airlines market size is forecast to increase by USD 430.2 billion at a CAGR of 8.7% between 2024 and 2029.

    The global commercial airlines market is growing steadily, driven by rising demand for air travel, air cargo, and advancements in fuel-efficient aircraft technology. Consumer preferences are shifting toward affordable, flexible travel options, while innovations like next-generation planes are helping airlines meet stricter environmental standards and cut operational costs.
    This report delivers a clear picture of the market, including its current size, growth forecasts through 2029, and key segments such as passenger airlines and low-cost carriers. It offers practical data for business applications—think strategic planning, customer outreach, or operational efficiency—with details on market value and regional performance. A key trend is the increasing adoption of sustainable aviation practices, though a persistent challenge lies in supply chain disruptions, particularly with aircraft parts and maintenance. For businesses looking to thrive in the global commercial airlines market, this report provides valuable insights to navigate sustainability trends and supply chain hurdles, ensuring smarter decisions in a competitive and evolving industry.
    

    What will be the Size of the Commercial Airlines Market During the Forecast Period?

    To learn more about the market report, Request Free Sample

    The commercial aviation industry continues to evolve, with passenger aircraft being a significant segment. Among the various sub-aircraft types, narrowbody aircraft have gained considerable attention due to their fuel-efficiency and modern design. These aircraft cater to the product offerings of numerous airlines worldwide, enhancing connectivity and mobility. Aircraft OEMs are constantly improving their product offerings to cater to a wider segment of a booming market, including commercial aircraft passenger service units (PSU). Fuel-efficient narrowbody aircraft are the backbone of many airline industry business models. Manufacturers invest heavily in new aircraft technologies, including engine programs, to meet the growing demand for more sustainable and cost-effective solutions. 
    
    
    
    Body type, fuselage, wings, cockpit, engine, tail assembly, and landing gear are essential components of passenger aircraft. Modern aircraft designs optimize these elements to improve fuel efficiency and reduce operational costs. Turbofan engines have become increasingly popular due to their high thrust-to-weight ratio and lower fuel consumption than propeller engines. Cargo transportation is another essential aspect of the commercial aviation industry. Commercial helicopters and gliders serve specific niches, providing unique solutions for transporting goods in challenging terrains and short-haul routes. Integrating these aircraft types into the broader aviation landscape offers a more comprehensive and interconnected transportation network.
    

    How is the Commercial Airlines Market Segmented?

    The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.Revenue StreamPassengerCargoTypeInternationalDomesticRange OutlookShort-haulMedium-haulLong-haulUltra-long haulFuel EfficiencyConventional Jet FuelBiofuelsElectric PropulsionHydrogen-poweredOperation ModelScheduled FlightsCharter FlightsWet LeasingBusiness ModelNetwork CarriersPoint-to-Point CarriersUltra-Low-Cost Carriers (ULCCs)GeographyAPACChinaIndiaJapanEuropeGermanyUKFranceItalyNorth AmericaCanadaUSMiddle East and AfricaEgyptSouth AmericaBrazilArgentina

    By Revenue Stream Insights

    The passenger segment is estimated to witness significant growth during the forecast period. The market experienced significant growth in passenger traffic in 2024, with approximately 4.6 billion air passengers passing through airports, marking a 28.3% increase. This expansion was primarily driven by the burgeoning air travel sector in emerging countries, particularly in the Asia Pacific region. In response, aircraft original equipment manufacturers (OEMs) have ramped up production to meet demand and fulfill scheduled deliveries. low-cost carriers (LCCs) are also modernizing their fleets to capitalize on new market opportunities.

    However, controlling operating costs remains a significant challenge for commercial airline operators. The increasing number of air passengers is a primary factor fueling the procurement of new aircraft, as fleet expansion is essential to meet the growing demand. Infrastructure growth and rising per capita income in developing countries are also contributing factors to the market's expansion.

    Get a glance at the market report of share of various segments. Request Free Sample

    The passenger

  9. US Aviation Market Size & Share Analysis - Industry Research Report - Growth...

    • mordorintelligence.com
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    Mordor Intelligence, US Aviation Market Size & Share Analysis - Industry Research Report - Growth Trends [Dataset]. https://www.mordorintelligence.com/industry-reports/us-aviation-market
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    pdf,excel,csv,pptAvailable download formats
    Dataset authored and provided by
    Mordor Intelligence
    License

    https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy

    Time period covered
    2017 - 2030
    Area covered
    United States
    Description

    The US Aviation Market is segmented by Aircraft Type (Commercial Aviation, General Aviation, Military Aviation). Key Data Points observed include air passenger traffic, air transport freight, defense spending, military aircraft active fleet, revenue passenger kilometers, high-net worth individuals, and inflation rate.

  10. Japan Aviation Market Size & Share Analysis - Industry Research Report -...

    • mordorintelligence.com
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    Mordor Intelligence, Japan Aviation Market Size & Share Analysis - Industry Research Report - Growth Trends [Dataset]. https://www.mordorintelligence.com/industry-reports/japan-aviation-market
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset authored and provided by
    Mordor Intelligence
    License

    https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy

    Time period covered
    2017 - 2030
    Area covered
    Japan
    Description

    The Japan Aviation Market is segmented by Aircraft Type (Commercial Aviation, General Aviation, Military Aviation). Key Data Points observed include air passenger traffic, air transport freight, defense spending, military aircraft active fleet, revenue passenger kilometers, high-net worth individuals, and inflation rate.

  11. North American Aviation Market - Trends & Industry Revenue

    • mordorintelligence.com
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    Mordor Intelligence, North American Aviation Market - Trends & Industry Revenue [Dataset]. https://www.mordorintelligence.com/industry-reports/north-america-aviation-market
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    pdf,excel,csv,pptAvailable download formats
    Dataset authored and provided by
    Mordor Intelligence
    License

    https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy

    Time period covered
    2024 - 2030
    Area covered
    North America
    Description

    The North America Aviation Market is Segmented by Type (Commercial Aircraft (Passenger Aircraft and Freighter Aircraft), Military Aircraft (Combat Aircraft and Non-Combat Aircraft), and General Aviation (Helicopter, Piston Fixed-Wing Aircraft, Turboprop Aircraft, and Business Jet)) and Geography (United States and Canada). The Report Offers Market Sizes and Forecasts for all the Above Segments in Value (USD).

  12. Latin American Airlines Market - Aircraft Manufacturers

    • mordorintelligence.com
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    Mordor Intelligence, Latin American Airlines Market - Aircraft Manufacturers [Dataset]. https://www.mordorintelligence.com/industry-reports/south-america-aviation-market
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    pdf,excel,csv,pptAvailable download formats
    Dataset authored and provided by
    Mordor Intelligence
    License

    https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy

    Time period covered
    2019 - 2030
    Area covered
    Latin America, Americas
    Description

    The Latin America Airlines Market is Segmented by Type (Commercial Aircraft, Military Aircraft, and General Aviation) and Geography (Brazil, Mexico, Argentina, and the Rest of Latin America). The Report Offers Market Sizes and Forecasts for all the Above Segments in Terms of Value (USD).

  13. India Aviation Market Size & Share Analysis - Industry Research Report -...

    • mordorintelligence.com
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    Mordor Intelligence, India Aviation Market Size & Share Analysis - Industry Research Report - Growth Trends [Dataset]. https://www.mordorintelligence.com/industry-reports/analysis-of-aviation-industry-in-india
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset authored and provided by
    Mordor Intelligence
    License

    https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy

    Time period covered
    2017 - 2030
    Area covered
    India
    Description

    The India Aviation Market is segmented by Aircraft Type (Commercial Aviation, General Aviation, Military Aviation). Key Data Points observed include air passenger traffic, air transport freight, defense spending, military aircraft active fleet, revenue passenger kilometers, high-net worth individuals, and inflation rate.

  14. Artificial Intelligence (AI) In Aviation Market Analysis North America,...

    • technavio.com
    Updated Feb 23, 2022
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    Technavio (2022). Artificial Intelligence (AI) In Aviation Market Analysis North America, Europe, APAC, South America, Middle East and Africa - US, Germany, China, UK, France - Size and Forecast 2024-2028 [Dataset]. https://www.technavio.com/report/artificial-intelligence-in-aviation-market-analysis
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    Dataset updated
    Feb 23, 2022
    Dataset provided by
    TechNavio
    Authors
    Technavio
    Time period covered
    2021 - 2025
    Area covered
    Global
    Description

    Snapshot img

    Artificial Intelligence In Aviation Market Size 2024-2028

    The artificial intelligence (AI) in aviation market size is forecast to increase by USD 11.69 billion at a CAGR of 65.25% between 2023 and 2028.

    The aviation industry is witnessing significant advancements with the integration of Artificial Intelligence (AI) technology. Virtual assistants are being increasingly used for quicker check-in processes and customer service, enhancing the overall travel experience. AI is also revolutionizing flight operations through dynamic pricing, which optimizes ticket pricing based on real-time demand and supply analysis. Furthermore, AI-powered computer vision is being employed for surveillance purposes, ensuring system efficiency and timely management of airport infrastructure.
    However, the high cost of AI implementation, data privacy concerns, and a shortage of skilled tech workers pose challenges for the aviation industry. However, AI's potential to enhance training, data analysis, and operational efficiency makes it a crucial investment for future growth.
    

    Artificial Intelligence In Aviation Market Analysis

    Request Free Sample

    How is this market segmented and which is the largest segment?

    The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

    Component
    
      Software
      Hardware
      Service
    
    
    Application
    
      Airline and airport operations
      Manufacturing and MRO activities
    
    
    Geography
    
      North America
    
        US
    
    
      Europe
    
        Germany
        UK
        France
    
    
      APAC
    
        China
    
    
      South America
    
    
    
      Middle East and Africa
    

    By Component Insights

    The software segment is estimated to witness significant growth during the forecast period. Artificial Intelligence (AI) plays a pivotal role in the aerospace sector, particularly in the airline industry and airports. Cloud-based technologies facilitate the implementation of AI solutions, including machine learning, in various aviation applications. AI software streamlines operations in the aviation industry, with the software segment witnessing significant growth. In the airline industry, AI is utilized for flight planning and optimization, predictive maintenance, and air traffic management. Flight planning software uses AI algorithms to determine optimal flight routes, thereby reducing fuel consumption and improving flight efficiency. Predictive maintenance software analyzes aircraft data to anticipate maintenance requirements, thereby minimizing downtime and operational disruptions.

    Additionally, air traffic management software optimizes air traffic flow, reducing congestion and enhancing airspace utilization. Moreover, AI-based chatbots offer customer service solutions, providing real-time support and streamlining passenger interactions. In the aviation industry, AI applications extend to crew management, where software assists in optimizing crew assignments and scheduling, ensuring operational smoothness. The machine learning segment is expected to dominate the AI market in aviation due to its ability to learn and adapt to new data, providing more accurate and efficient solutions. In conclusion, AI software is a vital driver of innovation and efficiency in the aviation industry, with applications ranging from flight planning and optimization to predictive maintenance, air traffic management, and customer service. The adoption of AI technologies is poised to revolutionize the aviation sector, enhancing operational efficiency and improving the passenger experience.

    Get a glance at the market share of various segments Request Free Sample

    The software segment was valued at USD 109.10 million in 2018 and showed a gradual increase during the forecast period.

    Will North America become the largest contributor to the Artificial Intelligence In Aviation Market?

    North America is estimated to contribute 45% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

    For more insights on the market share of various regions Request Free Sample

    In the aviation industry, North America led the global market for AI technologies in 2023, driven by the adoption of Internet of Things (IoT), big data, and factory automation. The aerospace sector's heightened reliance on data analytics and cloud-based applications further fueled this growth. In the US, airports employ AI remote security technology to enhance security, with plans to install six ROSA180 units for detecting and deterring unauthorized access to parking garages and secure areas. AI's role in aviation is expanding, with applications in areas such as baggage screening, passenger identification, maintenance, customer support,

  15. Airlines Global Market Report 2025

    • thebusinessresearchcompany.com
    pdf,excel,csv,ppt
    Updated Jan 9, 2025
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    The Business Research Company (2025). Airlines Global Market Report 2025 [Dataset]. https://www.thebusinessresearchcompany.com/report/airlines-global-market-report
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    pdf,excel,csv,pptAvailable download formats
    Dataset updated
    Jan 9, 2025
    Dataset authored and provided by
    The Business Research Company
    License

    https://www.thebusinessresearchcompany.com/privacy-policyhttps://www.thebusinessresearchcompany.com/privacy-policy

    Description

    Explore the Airlines Global Market Report 2025 Market trends! Covers key players, growth rate 9% CAGR, market size $845.97 Billion, and forecasts to 2033. Get insights now!

  16. Asia Pacific Aviation Market - Share, Size & Growth

    • mordorintelligence.com
    pdf,excel,csv,ppt
    + more versions
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    Mordor Intelligence, Asia Pacific Aviation Market - Share, Size & Growth [Dataset]. https://www.mordorintelligence.com/industry-reports/asia-pacific-aviation-market
    Explore at:
    pdf,excel,csv,pptAvailable download formats
    Dataset authored and provided by
    Mordor Intelligence
    License

    https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy

    Time period covered
    2020 - 2030
    Area covered
    Asia
    Description

    The Asia-Pacific Aviation Market Report is Segmented by Type (Commercial Aircraft, Military Aircraft, and General Aviation) and Geography (China, India, Japan, South Korea, Australia, and the Rest of Asia-Pacific). The Report Offers Market Size and Forecast for all the Above Segments in Value (USD).

  17. Leading airlines in the U.S. by domestic market share 2023-2024

    • statista.com
    Updated May 28, 2024
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    Statista (2024). Leading airlines in the U.S. by domestic market share 2023-2024 [Dataset]. https://www.statista.com/statistics/250577/domestic-market-share-of-leading-us-airlines/
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    Dataset updated
    May 28, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    Mar 2023 - Feb 2024
    Area covered
    United States
    Description

    During this time period, American Airlines was the leading airline in the U.S., with a domestic market share of 17.5 percent, closely followed by Delta Airlines, which had a 17.3 percent market share.

    U.S. airlines' domestic market share

    The passenger air transportation market is a thriving industry, taking individuals to locations around the globe. American Airlines was the second largest airline in the North America based on operating revenue, reaching nearly 50 billion U.S. dollars in 2022. Passenger airlines can face much scrutiny for their passenger satisfaction and comfort. A 2022 North American Airline Satisfaction Study by J.D. Power & Associates listed Southwest Airlines as the best long-haul, closely followed by low-cost carrier JetBlue Airways.

    United Airlines, Delta Air Lines, American Airlines and Southwest Airlines are the top ranked airlines based on 2022 domestic market share. Delta operates out of Atlanta, and Hartsfield-Jackson Atlanta International Airport, Delta’s hub, sees the most passenger traffic in the United States. Chicago-headquartered United Airlines is a subsidiary of United Continental Holdings. United has flights to 210 domestic destinations and 120 destinations internationally, the Denver International Airport in Colorado being its largest passenger hub with over 8.4 million passengers in 2021.

  18. South Korea Aviation Market Size & Share Analysis - Industry Research Report...

    • mordorintelligence.com
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    Mordor Intelligence, South Korea Aviation Market Size & Share Analysis - Industry Research Report - Growth Trends [Dataset]. https://www.mordorintelligence.com/industry-reports/south-korea-aviation-market
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    pdf,excel,csv,pptAvailable download formats
    Dataset authored and provided by
    Mordor Intelligence
    License

    https://www.mordorintelligence.com/privacy-policyhttps://www.mordorintelligence.com/privacy-policy

    Time period covered
    2017 - 2030
    Area covered
    South Korea
    Description

    The South Korea Aviation Market is segmented by Aircraft Type (Commercial Aviation, General Aviation, Military Aviation). Key Data Points observed include air passenger traffic, air transport freight, defense spending, military aircraft active fleet, revenue passenger kilometers, high-net worth individuals, and inflation rate.

  19. A

    Airline A-la-carte Services Market Analysis by Product Type, Carrier Type...

    • futuremarketinsights.com
    pdf
    Updated Feb 28, 2025
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    Future Market Insights (2025). Airline A-la-carte Services Market Analysis by Product Type, Carrier Type and Region from 2025 to 2035 [Dataset]. https://www.futuremarketinsights.com/reports/airline-a-la-carte-services-market
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    pdfAvailable download formats
    Dataset updated
    Feb 28, 2025
    Dataset authored and provided by
    Future Market Insights
    License

    https://www.futuremarketinsights.com/privacy-policyhttps://www.futuremarketinsights.com/privacy-policy

    Time period covered
    2025 - 2035
    Area covered
    Worldwide
    Description

    The global airline a-la-carte services market is projected to witness substantial growth, reaching a CAGR of 13.2% throughout the period from 2025 to 2035. Market forecasts suggest that the market value will rise from USD 202 billion in 2025 to USD 700.8 billion by 2035, primarily driven by the increasing demand for personalized and flexible travel experiences.

    MetricsValues
    Industry Size (2025E)USD 202 billion
    Industry Value (2035F)USD 700.8 billion
    CAGR (2025 to 2035)13.2%

    Country-Wise Analysis

    CountriesCAGR (2025 to 2035)
    USA7.8%
    UK7.5%
    European Union8.1%
    Japan7.9%
    South Korea8.3%

    Competitive Landscape

    Company NameEstimated Market Share (%)
    Ryanair Holdings18-22%
    American Airlines Group15-20%
    Delta Air Lines12-16%
    Lufthansa Group10-14%
    Southwest Airlines6-10%
    Other Companies (combined)30-40%
  20. In-flight Entertainment and Connectivity Market Report by Aircraft Type...

    • imarcgroup.com
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    IMARC Group, In-flight Entertainment and Connectivity Market Report by Aircraft Type (Narrow-Body Aircraft, Wide-Body Aircraft, Business Jets, and Others), Component Type (Content, Hardware, Connectivity), Class (Economy Class, Premium Economy Class, Business Class, First Class), Technology (Air-to-Ground Technology, Satellite Technology), End User (OEM, Aftermarket), Region and Competitive Landscape (Market Share, Business Overview, Products Offered, Business Strategies, SWOT Analysis and Major News and Events) 2024-2032 [Dataset]. https://www.imarcgroup.com/in-flight-entertainment-connectivity-market-report
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    pdf,excel,csv,pptAvailable download formats
    Dataset provided by
    Imarc Group
    Authors
    IMARC Group
    License

    https://www.imarcgroup.com/privacy-policyhttps://www.imarcgroup.com/privacy-policy

    Time period covered
    2024 - 2032
    Area covered
    Global
    Description

    In-flight Entertainment and Connectivity Market Size:

    The in-flight entertainment and connectivity market size reached US$ 5.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 10.5 Billion by 2032, exhibiting a growth rate (CAGR) of 7.9% during 2024-2032. The in-flight entertainment and connectivity market is experiencing significant growth driven by rising demand of passenger for personalized entertainment options, heightening airline investments in improving cabin facilities for better customer experience, and innovations in connectivity technologies enabling uninterrupted internet access and smooth streaming services even at high altitudes.

    Report Attribute
    Key Statistics
    Base Year
    2023
    Forecast Years
    2024-2032
    Historical Years
    2018-2023
    Market Size in 2023US$ 5.2 Billion
    Market Forecast in 2032US$ 10.5 Billion
    Market Growth Rate (2024-2032)7.9%


    In-flight Entertainment and Connectivity Market Analysis:

    • Major Market Drivers: The in-flight entertainment and connectivity market growth is significantly driven by increasing passenger's demand for improved travel atmosphere, the Airlines' endeavors of distinguishing themselves with progressed amenities, and the developments in connectivity technology that afford internet access sans interference and streaming services while flying. Moreover, the incidents of BYOD (Bring Your Own Device) among passengers stimulate the installed in-flight entertainment and connectivity systems.
    • Key Market Trends: The in-flight entertainment and connectivity market trends include The Main Trends in In-flight entertainment and connectivity entail integration of wireless streaming solutions, personalized content delivery, and collaborations offer between airlines and content providers to avail of most exclusive entertainment options. Besides that, the embrace of the satellite-based connectivity facilities and the integration of three-dimensional technology such as VR are the current marketing approaches that control the global satellite space industry.
    • Geographical Trends: North America dominates the in-flight entertainment and connectivity industry due to the influence of leading carriers, high passenger traffic, and earlier application of advanced in-flight entertainment equipment. Along with this, the North America continent hosts a lot of technology providers and content creators which dominate the aviation industry and is one of the main factors that contribute to the overall solid market position. As a result, better regulatory frameworks and sanctioned infrastructures facilitate the operating environment for the introduction of in-flight entertainment & connectivity solutions, confirming the leading role of North America in the global market.
    • Competitive Landscape: Some of the major market players in the in-flight entertainment and connectivity industry include BAE Systems Plc, Cobham Limited (Advent International), Global Eagle Entertainment Inc., Honeywell International Inc., Lockheed Martin Corporation, Lufthansa Systems GmbH & Co. KG (Deutsche Lufthansa AG), Panasonic Avionics Corporation (Panasonic Corporation), Rockwell Collins Inc. (United Technologies Corporation), Thales Group, The Boeing Company and Viasat Inc., among many others.
    • Challenges and Opportunities: The market faces challenges such as regulatory obstacles, bandwidth limitations and cybersecurity issues. Moreover, the emergence of new content delivery platforms, the escalating demand for top class passenger experience and the possibility to earn extra revenues from advertising and extra services ensure that the film industry expand through all the media platforms. The adoption of AI and data analysis can be viewed as a chance for airlines to tailor content and give even more exciting experiences for their passengers onboard.

    In-flight Entertainment and Connectivity Market Drivers:

    Boost in In-flight Connectivity Demand

    The rising demand of inflight connectivity is fueled by the modern traveler's dependence on digital devices for quick communication, entertainment, and productivity. The passengers will demand untroubled connection with the Internet, social media, and e-mail both for staying in touch with relatives and friends as well as for leisure purposes. This growing need determines the new digital lifestyle of travelers, who do not wish to miss the opportunity of staying online during the voyage. Airlines are investing in these requirements in advanced satellite-based connectivity solutions to keep the in-flight internet connection steady and fast. Airlines can meet these demands and maintain their competitiveness in the market by providing adequate connectivity options that meet the needs of passengers who are tech-savvy.

    Growing Demand Among Passengers

    Traveling passengers give more preference to in-flight entertainment and connectivity options while making their travel choices. Nowadays, travelers have the expectation of remaining connected to their web 24/7 and entertained in-flight. This affects the travelers' choice and loyalty to the airlines greatly. This forces airlines to find ways to improve their in-flight entertainment to match the changing tastes and expectations of their passengers. Through offering a wide range of entertainment options, such as movies, TV shows, music, and games, airlines can guarantee a great travel experience and keep a strong presence in the market, thus attracting and retaining passengers, who are increasingly becoming more competitive.

    Rising Expectation of Personalized Entertainment Options

    The increasing demand for personalized entertainment features results from the flights passengers who want their experience to be tailored and allow them to be immersed. Nowadays, frequent travelers look for value-added services and content that matches their individual moods and interests, raising the level of joy of their journey. They anticipate the airlines to have an abundance of movies, TV shows, music and games, which can be customized to cater to the diverse cultures and tastes. In addition, users expect a wide variety of entertainment platforms that offer content recommendation algorithms to curate personalized playlists and smartly select appropriate entertainment options. Airlines meet this new standard by installing digital flight entertainment that focus on personalization and on-the-spot best changes. As a result, airlines that offer customized amusement to their consumers fulfill the needs of picky passengers and create mesmeric travel experiences that help to stand out the service from competitors in a dynamic business atmosphere.

    In-flight Entertainment and Connectivity Market Opportunities:

    Enhanced Solutions for Connectivity and Entertainment

    Airline companies are investing in modern IFEC systems to stay in touch with the requirements of passengers. Moreover, advanced connectivity offers internet access without interruption as well as streaming services, and multipurpose entertainment system provides a wide range of options, such as new-release movies, TV shows, music, and video games. These strategies are focused on improving the passenger`s holistic experience, keeping them entertained and connected during their trips. Through the provision of a full range of IFEC services, airlines can distinguish their offerings from competitors, attract clients, and considerably increase the level of customer satisfaction, thus fueling market growth.

    Technological Advancement

    Ongoing technological advancements play an important role in molding the aviation industry concerning entertainment and connectivity. For instance, new developments like satellite-internet, free streaming, and VR integration are rewriting how passengers experience IFEC, making them more engaging and customized. Apart from this, the progress in content delivery platforms and user interfaces increases accessibility and simplifies operation which are among factors that add up to the overall satisfaction of the passenger. As a result, it is crucial to keep on investing in technological innovation to maintain an edge

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Cognitive Market Research (2024). Global Airline Industry market size is USD 548415.2 million in 2024. [Dataset]. https://www.cognitivemarketresearch.com/airline-industry-market-report
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Global Airline Industry market size is USD 548415.2 million in 2024.

Explore at:
pdf,excel,csv,pptAvailable download formats
Dataset updated
Aug 10, 2024
Dataset authored and provided by
Cognitive Market Research
License

https://www.cognitivemarketresearch.com/privacy-policyhttps://www.cognitivemarketresearch.com/privacy-policy

Time period covered
2021 - 2033
Area covered
Global
Description

According to Cognitive Market Research, the global Airline Industry market size will be USD 548415.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 4.00% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 219366.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 164524.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.5% from 2024 to 2031.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 126135.50 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 27420.76 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 10968.30 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031.
The Passenger Aircraft held the highest Airline Industry market revenue share in 2024.

Market Dynamics of Airline Industry Market

Key Drivers for Airline Industry Market

Increased demand for air cargo to propel market growth

Increased demand for air cargo is a key driver of growth in the airline sector market. The advent of e-commerce, combined with global supply chain integration, has increased the demand for rapid and dependable delivery services. Airlines are profiting from this trend by increasing cargo capacity, investing in specialist freighter aircraft, and improving logistics. Furthermore, the increased importance of carrying high-value, time-sensitive items like medications and electronics drives up demand. By focusing on air cargo, airlines may diversify income streams, increase profitability, and reduce the volatility of passenger travel demand, ensuring long-term market growth.

Growing technological advancements to propel market growth

Technological advances are expected to drive significant expansion in the airline sector market. Aircraft design innovations, such as more fuel-efficient engines and lightweight materials, help to minimize operational costs and environmental effects. Advanced avionics and navigation systems increase safety and efficiency, while digital technologies such as artificial intelligence and big data analytics improve route planning, maintenance, and customer service. The use of automation in ticketing, check-in, and baggage processing enhances both the passenger experience and operational efficiency. Furthermore, the use of in-flight connections and individualized entertainment selections improves client happiness. Airlines that embrace these technological innovations can raise competitiveness, save costs, and satisfy changing consumer expectations, resulting in long-term market growth and profitability.

Restraint Factor for the Airline Industry Market

Fuel price fluctuation severely limits expansion in the airline sector market. Fuel expenditures make up a significant amount of an airline's operating expenses. Therefore, fluctuations in crude oil prices are a major worry. Sudden increases in fuel prices can erode business margins, causing airlines to boost ticket rates, which may reduce demand. Unpredictable declines in fuel prices, on the other hand, present budgeting and financial planning issues. Furthermore, hedging options for managing fuel price risks can be costly and difficult. This unpredictability complicates long-term strategy planning, fleet upgrade investments, and other capital expenditures. As a result, airlines must constantly react to fluctuating fuel costs, compromising their capacity to maintain stable and competitive operations and limiting total market growth and profitability.

Impact of Covid-19 on the Airline Industry Market

The COVID-19 pandemic had a major impact on the airline industry market, resulting in an unparalleled fall in air travel demand. Travel restrictions, quarantine measures, and health concerns led to a significant drop in both passenger and freight flights, resulting in substantial economic losses. Airlines experienced severe liquidity constrai...

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