The "Low-Cost Carrier - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Global Low-Cost Carrier Market to Reach US$254.1 Billion by the Year 2027
Amid the COVID-19 crisis, the global market for Low-Cost Carrier, estimated at US$156.2 Billion in the year 2020, is projected to reach a revised size of US$254.1 Billion by 2027, growing at a CAGR of 7.2% over the period 2020-2027.
The U. S. Accounts for Over 28.9% of Global Market Size in 2020, While China is Forecast to Grow at a 11.1% CAGR for the Period of 2020-2027
The Low-Cost Carrier market in the U.S. is estimated at US$45.1 Billion in the year 2020. The country currently accounts for a 28.87% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$48.8 Billion in the year 2027 trailing a CAGR of 11.1% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4% and 6.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.7% CAGR while Rest of European market (as defined in the study) will reach US$48.8 Billion by the year 2027.
The 143-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others:
- AirAsia Berhad
- Cebu Pacific Air
- Flydubai
- GoAir
- JetBlue Airways Corporation
- Jetstar Airways Pty Ltd.
- Lion Air
- Norwegian Air Shuttle ASA
- Pegasus Airlines
- Royal Air Maroc
- Southwest Airlines Co.
- SpiceJet Ltd.
- Thai AirAsia Company Limited (TAA)
- Virgin Australia Airlines Pty Ltd.
- WestJet
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Impact of Covid-19 and a Looming Global Recession
- Global Competitor Market Shares
- Low-Cost Carrier Competitor Market Share Scenario Worldwide (in %): 2018E
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
- World Current & Future Analysis for Low-Cost Carrier by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2018 through 2027
- World Historic Review for Low-Cost Carrier by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017
- World 15-Year Perspective for Low-Cost Carrier by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2012, 2018 & 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
- Market Facts & Figures
- Market Analytics
- Current & Future Analysis for Low-Cost Carrier by Segment - Low Cost Carrier - Independent Analysis of Annual Sales in US$ Billion for the Years 2018 through 2027
- Historic Review for Low-Cost Carrier by Segment - Low Cost Carrier Markets - Independent Analysis of Annual Sales in US$ Billion for Years 2012 through 2017
IV. COMPETITION
- Total Companies Profiled: 43
For more information about this report visit https://www.researchandmarkets.com/r/etblik
View source version on businesswire.com: https://www.businesswire.com/news/home/20201027005735/en/
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