Domestic flight means where the departure and arrival take place in the same country. Various commercial aviation companies and government & defense bodies use domestic flights to transport goods and people. Domestic Aviation Industry have shown significant growth in the recent years due to the growing industries such as ecommerce, IT and Travel & Tourism Industry. Moreover the improved standard of living of people in emerging economies such as China and India is also expected to drive the market during the forecast period.
Market Dynamics
The global domestic aviation market is expected to grow significantly during the forecast period owing to an increase in the defense budget of various countries. The increasing military budget is resulting into the procurement of new military aircraft. For instance, according to CMI analysis in 2020, the defense budget of China increased from US$ 20 billion to US$ 170 Billion in the last 20 years. Moreover, in February 2020, the finance ministry of India announced a defense budget of US$ 65.3 billion for the FY 2020 which was an increase of 7% from FY 2019. A portion of the defense budget is spent on the procurement of weapons and military aircraft. Moreover various countries are also replacing old aircraft with new advanced aircraft. Owing to all these reasons, the global domestic airline market is expected to show a significant growth during the forecast period.
Key features of the study:
- This report provides in-depth analysis of global domestic aviation market size (US$ Billion), and compound annual growth rate (CAGR %) for the forecast period (2020– 2027), considering 2019 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategy adopted by the leading market players
- It profiles leading players in the global domestic aviation market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
- Companies covered as part of this study are Singapore Airlines, Air New Zealand, Qantas, Qatar Airways, Virgin Australia, Emirates, All Nippon Airways, EVA Air, American Airline, Spicejet and others.
- Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
- The global domestic aviation market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global domestic aviation market.
Detailed Segmentation
- Global Domestic Aviation Market, By Type:
- Commercial Aircraft
- Passenger
- Freight
- Others (Hybrid, Private Jets)
- Others
- Helicopter
- Private jet
- Turboprop
- Global Domestic Aviation Market, By End-User:
- Government
- Commercial
- Private
- Global Domestic Aviation Market, By Region:
- North America
- By Type:
- Commercial Aircraft
- Passenger
- Freight
- Others (Hybrid, Private Jets)
- Others
- Helicopter
- Private jet
- Turboprop
- By End-User:
- Government
- Commercial
- Private
- By Country:
- Europe
- By Type
- Commercial Aircraft
- Passenger
- Freight
- Others (Hybrid, Private Jets)
- Others
- Helicopter
- Private jet
- Turboprop
- By End-User:
- Government
- Commercial
- Private
- By Country:
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- By Type
- Commercial Aircraft
- Passenger
- Freight
- Others (Hybrid, Private Jets)
- Others
- Helicopter
- Private jet
- Turboprop
- By End-User:
- Government
- Commercial
- Private
- By Country:
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Latin America
- By Type
- Commercial Aircraft
- Passenger
- Freight
- Others (Hybrid, Private Jets)
- Others
- Helicopter
- Private jet
- Turboprop
- By End-User:
- Government
- Commercial
- Private
- By Country:
- Brazil
- Mexico
- Rest of Latin America
- Middle East and Africa
- By Type
- Commercial Aircraft
- Passenger
- Freight
- Others (Hybrid, Private Jets)
- Others
- Helicopter
- Private jet
- Turboprop
- By End-User:
- Government
- Commercial
- Private
- By Country:
- GCC Countries
- South Africa
- Rest of Middle East
- Company Profiles
- Air New Zealand
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/ Updates
- All Nippon Airways
- American Airline
- Emirates
- EVA Air
- Qantas
- Qatar Airways
- Singapore Airlines
- Spicejet
- Virgin
- “*” marked represents similar segmentation in other categories in the respective section.
