Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

Air transport is the fastest mode of transport compared to road, rail and marine transport. Due to the increasing demand for faster transport of perishable pharmaceutical products, the aviation industry has witnessed a significant growth in the recent years. Domestic flight means where the departure and arrival take place in the same country. In aviation industry different types of aircraft such as passenger, freight, hybrid and private jets are used to transport the goods or people.

The global domestic aviation market is expected to witness significant growth during the forecast period (2020–2027). The growth of the domestic aviation market is majorly attributed to the improving standard of living of standard in emerging economies such as China and India. Moreover the GPD per capita income around the globe is also expected to propel the growth of the market in the coming years.

The major factors restraining the growth of the global domestic aviation market are higher air fares and effect of contagious diseases such as COVID-19. Many countries have banned domestic air travel as a precautionary measure to prevent the spread of COVID-19. For instance, according to the Directorate General of Civil Aviation of India all domestic air flights were suspended till 3 May, 2020 due to COVID-19. The domestic air flights were banned from 20 March in India. COVID-19 is expected to have the long term implications on the global domestic aviation market.

North America is expected to dominate the global domestic aviation market during the forecast period owing to the presence of some of the largest commercial aviation companies in countries such as the U.S.

Statistics:

North America held dominant position in the global domestic aviation market in 2019, accounting for 43.7% share in terms of value, followed by Europe and Asia Pacific, respectively

Figure 1: Global Domestic Aviation Market Share (%), By Region, 2019

Domestic Aviation  | Coherent Market Insights

North America held dominant position in the global domestic aviation market in 2019, and is projected to retain its dominance throughout the forecast period owing to the presence of the largest commercial airline company and the highest number of air fleets.

According to CMI analysis, the American Airline is the largest airline in the world based upon the revenue. In 2018, the American Airline generated a revenue of US$ 44.5 billion and had a fleet of 917 aircraft as of 2018. According to same analysis, the Asia Pacific region is expected to show highest growth during the forecast period owing to the emerging economies such as China and India. Moreover, according to a report by the India Brand Equity Foundation, India is expected to become the 3rd largest aviation market by the end of 2020.

Major players operating in the global domestic aviation market are Singapore Airlines, Air New Zealand, Qantas, Qatar Airways, Virgin Australia, Emirates, All Nippon Airways, EVA Air, American Airline, Spicejet and others.

Surge in demand for commercial aircraft across the globe is expected to drive the growth of the Domestic Aviation Market during the forecast period

Based on type, the commercial aircraft segment is expected dominate the global domestic aviation market during the forecast period. This is owing to the rising demand of new aircraft to cater the increasing demand of air travel. Also aviation companies are replacing older aircraft by the new advanced aircraft. For instance, Indigo airline signed a agreement to buy 300 new aircraft from Airbus SE in October, 2019. Moreover, United Airlines made a US$ 6 Billion deal with Airbus SE to buy 50 Long Range Airbus A321XLR Aircraft. Companies around the globe are purchasing aircraft to cater the increasing air travel demand. Owing to all these reasons the global domestic aviation Market is anticipated to show the significant growth during the forecast period.

Figure 2: Global Domestic Aviation Market Value (US$ Bn), 2016 - 2027

Domestic Aviation  | Coherent Market Insights

The global domestic aviation market was valued at US$ 878.9 Bn in 2019 and is expected to reach US$ 1,130.8 Bn by 2027 at a CAGR of 3.2% between 2020 and 2027.

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:
        • U.S.
        • Canada
    • 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.

Table of Contents

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Type
      • Market Snippet, By End-user
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • Merger and Acquisitions
      • New system Launch/Approvals
      • Value Chain Analysis
      • Porter’s Analysis
      • PEST Analysis
  4. Global Domestic Aviation Market, By Type, 2017-2027  (US$ Billion)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Segment Trends
    • Commercial Aircrafts
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Billion)
        • Passenger
        • Freight
        • Others (Hybrid, Private Jets)
    • Others
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Billion)
        • Helicopter
        • Private jet
        • Turboprop
  5. Global Domestic Aviation Market, By End-user, 2017-2027  (US$ Billion)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Segment Trends
    • Government
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Billion)
    • Commercial
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Billion)
    • Private
      • Introduction
      • Market Size and Forecast, 2019–2027, (US$ Billion)
  6. Global Domestic Aviation Market, By Region, 2017-2027  (US$ Billion)
    • Introduction
      • Market Share Analysis, By Region, 2017 and 2027 (%)
    • North America
      • Regional Trends
      • Market Size and Forecast, By Type, 2019–2027 (US$ Billion)
      • Market Size and Forecast, By End-user, 2019–2027 (US$ Billion)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • U.S.
        • Canada
    • Europe
      • Regional Trends
      • Market Size and Forecast, By Type, 2019–2027 (US$ Billion)
      • Market Size and Forecast, By End-user, 2019–2027 (US$ Billion)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • U.K.
        • Germany
        • Italy
        • France
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Regional Trends
      • Market Size and Forecast, By Type, 2019–2027 (US$ Billion)
      • Market Size and Forecast, By End-user, 2019–2027 (US$ Billion)
      • Market Share Analysis, By Country, 2019 and 2027 (%)
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Regional Trends
      • Market Size and Forecast, By Type, 2019–2027 (US$ Billion)
      • Market Size and Forecast, By End-user, 2019–2027 (US$ Billion)
      • Market Share Analysis, By Country, 2019 and 2027 (%)

        • Brazil
        • Argentina
        • Mexico
        • Rest of Latin America
    • Middle East and Africa
      • Regional Trends
      • Market Size and Forecast, By Type, 2019–2027 (US$ Billion)
      • Market Size and Forecast, By End-user, 2019–2027 (US$ Billion)
      • Market Share Analysis, By Country/Region, 2019 and 2027 (%)
        • South Africa
        • GCC Countries
        • Rest of the Middle East
  7. Competitive Landscape
    • Company Profiles
      • Air New Zealand
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • All Nippon Airways
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • American Airline
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Emirates
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • EVA Air
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Qantas
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Qatar Airways
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Singapore Airlines
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Spicejet
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Virgin
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
    • Analyst Views
  8. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse 60 market data tables and 40 figures on "Domestic Aviation Market - Global forecast to 2027”.

Frequently Asked Questions

The global domestic aviation market is expected to reach US$ 936.1 Billion by 2022.
The market is expected to witness CAGR of 3.2% during the forecast period (2020-2027).
Surge in demand for commercial aircraft across the globe is expected to drive the growth of the Domestic Aviation Market during the forecast period.
The commercial segment held the largest market share among Type, contributing 63.7% in terms of value in 2019.
North America region held the largest share in the global domestic aviation market in 2019, accounting for 43.7% share in terms of value.
Key players operating in the global domestic aviation market are Singapore Airlines, Air New Zealand, Qantas, Qatar Airways, Virgin Australia, Emirates, All Nippon Airways, EVA Air, American Airline, Spicejet and others.
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