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$48.8 Billion by the year 2027.
The 143-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others:
Cebu Pacific Air
JetBlue Airways Corporation
Jetstar Airways Pty Ltd.
Norwegian Air Shuttle ASA
Royal Air Maroc
Southwest Airlines Co.
Thai AirAsia Company Limited (TAA)
Virgin Australia Airlines Pty Ltd.
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Impact of Covid-19 and a Looming Global Recession
Global Competitor Market Shares
Low-Cost Carrier Competitor Market Share Scenario Worldwide (in %): 2018E
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
World Current & Future Analysis for Low-Cost Carrier by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ 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
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
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/
Laura Wood, Senior Press Manager
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