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Aviation Market in the APAC 2015 Share, Scope, Trends and Forecast to 2019

Aviation market in the APAC region to grow at a CAGR of 6.37 percent over the period 2014-2019.


Deerfield Beach, FL -- (SBWIRE) -- 07/23/2015 -- Aviation Market in the APAC 2015-2019

About Aviation Market

The Aviation market in the APAC region includes airlines and airports in the region. This market comprises some of the leaders in the Global Airlines market such as Singapore Airlines, All Nippon Airways, Garuda Indonesia, China Southern, China Eastern Airlines, Qantas Airways, Thai Airways, and Air New Zealand. This market also consists of some of the leaders in the Global Airports market such as Singapore Changi Airport, Incheon International Airport, Hong Kong Airport, Beijing Capital International Airport, and Delhi Indira Gandhi International Airport. Beijing Capital International Airport and China Southern Airlines are the largest in the APAC region in terms of seating capacity. Airports in the region generate revenue from both aeronautical and non-aeronautical sources.

Aviation market in the APAC region to grow at a CAGR of 6.37 percent over the period 2014-2019.

Expansion of airport terminals to support the growing passenger traffic is one of the key trends being witnessed in the market. The airports are upgrading their existing terminals and adding new runways to meet the growing demand from passengers and cargo shippers. The construction of new infrastructure is expected to help airports maintain a smooth flow of cargo and passenger transportation and increase their non-aeronautical revenue.

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The rise in the middle-class population combined with an increase in GDP and an inclination to travel among both the middle class and youth is contributing to the growth of the market. Growing tourism combined with seasonal traveling within the region and internationally to countries such as China, India, Indonesia, and Malaysia is further boosting the growth of the market.

Covered in this Report

The Aviation market in the APAC region is segmented into two: Airports Market and Airlines Market.

Aviation Market in the APAC 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Aviation market landscape in the APAC region and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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"Airports are now becoming regional economic accelerators and are driving business development as they act as international gateways as well as connecting points for global enterprises and production systems,".

"The aerotropolis is a concept in which the plan and layout of a city is concentrated around an airport. In this concept, the airport is the center of the city and all the business centers are built around it."

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.