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Rising E-Commerce's Drives Content Transport Services Market Growth: A Significant Driver Propelling The Air Transport Market In 2025
Air Transport
What Is the Air Transport Market Size and Projected Growth Rate?
The air transport market has witnessed substantial growth over the past years. It is forecasted to increase from $1110.42 billion in 2024 to $1191.76 billion in 2025, reflecting a CAGR of 7.3%. This growth has been powered by global economic expansion, international trade, tourism growth, and improved connectivity.
The air transport market is expected to experience strong growth in the upcoming years. It will grow to $1503.69 billion by 2029, at a CAGR of 6.0%. The growth is driven by the expansion of emerging markets, global trade, urbanization, improvements in aircraft efficiency and sustainability, and network expansion. Major trends include sustainable aviation, digital transformation, air cargo and e-commerce growth, and the rise of ultra-long-haul flights.
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What Are the Major Segments in the Air Transport Market?
The air transport market covered in this report is segmented -
1) By Type: Passenger Air Transport, Chartered Air Transport, Air Cargo Services
2) By Distance: Long-Distance, Short-Distance
3) By End-Use: Private, Commercial
Subsegments:
1) By Passenger Air Transport: Domestic Passenger Air Transport, International Passenger Air Transport, Low-Cost Carrier (LCC) Air Transport, Full-Service Carrier (FSC) Air Transport
2) By Chartered Air Transport: Private Charter Flights, Business Charter Flights, Air Ambulance Services
3) By Air Cargo Services: Express Air Cargo, Freight Forwarding Services, Air Freight Services, Cold Chain Logistics
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What Are The Driving Air Transport Market Evolution?
The expansion of e-commerce and online retail is expected to fuel the growth of the air transport market in the coming years. Air transport plays a critical role in enabling fast and reliable delivery, broadening market reach, and improving customer satisfaction. For instance, the US Census Bureau reported that in August 2024, U.S. retail e-commerce sales for Q2 totaled $282.3 billion, marking a 5.3% increase from Q1 2023. This surge in online retail is a significant factor supporting the air transport market.
Which Firms Dominate The Air Transport Market Segments?
Major companies operating in the air transport market include The Emirates Group, China Airlines Ltd., American Airlines Group Inc., Delta Air Lines Inc., United Airlines Inc., China Southern Airlines, Qatar Airways Company Q.C.S.C, Air France-KLM SA, Deutsche Lufthansa AG, FedEx Corporation, United Parcel Service Inc., Cathay Pacific Airways Limited, Cargolux Airlines International SA, Japan Airlines Co. Ltd., ANA Holdings Inc., International Consolidated Airlines Group SA, Magma Aviation Limited, Deutsche Post AG, Kuehne Nagel International AG, AirBridgeCargo Airlines LLC, Cargojet Inc., Gol Linhas Aereas Inteligentes SA, Azul Linhas Aereas Brasileiras S/A, Latam Airlines, Compania Panamena de Aviacion SA, Lufthansa Cargo AG, Korean Air Lines Co. Ltd., Singapore Airlines Ltd., Air China Limited, Turkish Airlines Inc., Air Canada Inc., Ethiopian Airlines Group, British Airways plc, Air India Limited, Malaysia Airlines Berhad, Philippine Airlines Inc., Vietnam Airlines Corporation, Garuda Indonesia (Persero) Tbk PT, Royal Jordanian Airlines.
What Trends Are Expected to Dominate the Air Transport Market in the Next 5 Years?
In the air transport market, companies are developing advanced solutions like the NextGen eVTOL aircraft to meet the needs of urban air mobility. The CityAirbus NextGen, launched by Airbus in March 2024, is an all-electric vertical takeoff and landing aircraft. Designed for urban environments, it offers eco-friendly transportation with a range of up to 80 kilometers and can carry one pilot and three passengers. This innovative aircraft is set to transform urban transportation.
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Which Is The Largest Region In The Air Transport Market?
Asia-Pacific was the largest region in the air transport market in 2023. North America was the second largest region in the air transport market. The regions covered in the air transport market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Air Transport Market?
2. What is the CAGR expected in the Air Transport Market?
3. What Are the Key Innovations Transforming the Air Transport Industry?
4. Which Region Is Leading the Air Transport Market?
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