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United States Air Freight Market Share, Trends and Forecast 2023-2028 | IMARC Group
United States Air Freight Market Share 2023-2028
How big is the United States Air Freight market?
The United States air freight market is expected to exhibit a growth rate (CAGR) of 4.4% during 2023-2028.
What is Air Freight?
Air Freight refers to the transportation of packages by air, utilizing specialized cargo aircraft or commercial passenger flights. It is ideal for transporting goods that are highly valuable or perishable, including pharmaceuticals, electronics, or fresh produce. It offers the fastest shipping method for international and long-distance domestic transportation. It also provides essential connections to areas where ground or sea transport is less feasible or efficient. It enables businesses to access markets worldwide, promoting international trade and economic growth. Furthermore, as air freight is a vital component of the global logistics system, offering unparalleled speed and efficiency in the transportation of goods, its demand is increasing in the United States.
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What are the growth prospects and trends in the United States air freight industry?
At present, the increasing advancements in technology, such as real-time tracking and automation, enhancing the operational efficiency of air freight represents one of the crucial factors impelling the market growth in the United States.
Besides this, the rising demand for reliable shipping options in the e-commerce sector is propelling the growth of the market. In addition, the growing adoption of cleaner fuels and energy-efficient technologies in the air freight industry to reduce their carbon footprint is offering a favorable market outlook in the United States.
Apart from this, the increasing integration of machine learning (ML) and artificial intelligence (AI) to enhance the efficiency of the air freight processes are supporting the growth of the market.
Additionally, the rising demand for specialized services, such as temperature-sensitive shipping and personalized courier services, is bolstering the market growth in the United States.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Service:
• Freight
• Express
• Others
Breakup by Destination:
• Domestic
• International
Breakup by End User:
• Private
• Commercial
Breakup by Region:
• Northeast
• Midwest
• South
• West
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