Deerfield Beach, FL -- (SBWire) -- 07/23/2015 --Aviation Market in North America 2015-2018
The Airport and Airlines comprise the Aviation market in North America. This market includes some of the legacy airlines in the world such as Delta Airlines and United Airlines and some of the world's busiest airports such as Atlanta Airport and Chicago O'Hare International Airport. Atlanta Airport, keeping its title "World's Busiest," is the hub airport of North America.
Aviation market in North America to grow at a CAGR of 3.16 percent over the period 2015-2018.
One key trend witnessed in this market is the emergence of the aerotropolis concept in North America, which is expected to increase air traffic in the region. It is a concept in which the plan and layout of a city is concentrated around the airport. The airport is in the center of the city, and all the business centers are built around the circumference of the airport.
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With the increase in the number of commercial airports across the world, there has been a corresponding increase in the number of passengers that travel through them. Increase in global air traffic has also led to an increase in the number of passengers traveling on North American airlines. This is in turn has led to an increase in the demand for airports and airlines in this region.
Covered in this Report
This report covers the present scenario and the growth prospects of the Aviation market in North America for the period 2015-2018. To calculate the market size, the report considers the revenue passenger kilometres (RPK) of the airports and airlines in North America. The report provides the market share of the airports and airlines in North America.
Aviation Market in North America 2015-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the Aviation market in North America and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
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"With an increase in the number of people who travel by air and a corresponding increase in the number of commercial airports and airlines, there is an increased need to effectively manage and monitor passengers to deliver their baggage and cargo to the correct destinations, thereby driving the overall Aviation market in the region,".
To define the market conditions in the next 3-4 years, our analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
Aviation Market in North America 2015 Share, Scope, Trends and Forecast to 2019
Aviation market in North America to grow at a CAGR of 3.16 percent over the period 2015-2018.