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Domestic Aviation Market Overview 2023: Expected Market Growth Rate, Growth And Analysis 2032 | Singapore Airlines, Air New Zealand, Qantas, Qatar Airways, Virgin Australia
Domestic Aviation Market
Domestic Aviation Market Size, Growth Rate, And Forecast
The global domestic aviation market size is expected to grow from $932.68 billion in 2022 to $961.68 billion in 2023 at a compound annual growth rate (CAGR) of 3.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The domestic aviation market size is expected to grow to $1,084.18 billion in 2027 at a CAGR of 3.0%.
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Domestic Aviation Market Drivers
The increasing tourism industry is expected to boost the growth of the domestic aviation market going forward. The tourism sector also referred to as the travel sector, is associated with the idea of people traveling to other places, domestically or abroad, for leisure, social, or business reasons.
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Domestic Aviation Market Segments
• By Type: Commercial Aircrafts, Other Types
• By Engine Type: Turbofan, Turboprop, Turboshaft
• By End-User: Government, Commercial, Private
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Domestic Aviation market.
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Domestic Aviation Market Key Players
Major competitors in the domestic aviation market include Singapore Airlines, Air New Zealand, Qantas, Qatar Airways, Virgin Australia, Emirates, All Nippon Airways, EVA Air.
The Business Research Company's "Global Domestic Aviation Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Domestic Aviation Market Include:
1. Executive Summary
2. Domestic Aviation Market Characteristics
3. Domestic Aviation Market Trends And Strategies
4. Domestic Aviation Market - Macro Economic Scenario
5. Domestic Aviation Market Size And Growth
……
26. Africa Domestic Aviation Market
27. Domestic Aviation Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Domestic Aviation Market
29. Domestic Aviation Market Future Outlook and Potential Analysis
30. Appendix
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