UK aviation industry is expected to see a CAGR of 3.3% during the period (2019-2025). The aviation sector contributes significantly to boosting economic activity in UK. According to the IATA, in 2019, this sector provided 1.56 million jobs, and $110 billion of gross value to the GDP, which accounts for 4.5% of UK GDP. Due […]
Category Archives: Aerospace & Defence
The Middle East & Africa (MEA) aviation industry is expected to see a CAGR of around 3.2% during the period (2019-2025). Saudi Arabia, Qatar, and Iran are the key economies of the MEA region that contributes to the growth of the aviation industry. The significant cases of COVID-19 in the region further impacted the aviation […]
Latin American aviation industry is expected to see a CAGR of around 2.8% during the period (2019-2025). Economies such as Brazil, Argentina, and Venezuela are primarily in the aviation market of Latin America due to the well-developed passenger and cargo airline sector compared to other Latin American countries. Demand for air transport is closely tied […]
Japan aviation industry is expected to see a CAGR of 2.1% during the period (2019-2025). Japan’s aviation industry supports more than one million jobs in the country and contributes close to $83 billion annually to its GDP. The growth of Japan’s aviation industry was attributed to the new airport projects, a reinvention of airspace, and […]
Indian aviation industry is expected to see a CAGR of 4.5% during the period (2019-2025). India, in total, has 464 airports and airstrips, of which 125 airports are owned by the Airport Authority of India (AAI). The 125 airports under the control of AAI manage around 78% of the domestic passenger traffic and 22% of […]
Germany aviation industry is expected to see a CAGR of 2.6% during the period (2019-2025). Germany has the largest number of flight movements and the second largest number of passenger traffic in 2019, as per ICAO. The air connectivity in Germany grew by nearly 30.0% between 2013-2018, as per IATA. The contribution of the aviation […]
The global intelligent airways transportation system market is anticipated to grow at a significant CAGR during the forecast period. The Intelligent Airways Transportation System (IATS) enables airlines to better manage aviation operations through the use of information technology (IT). The primary purpose of Intelligent Airways Transportation System technology is to give passengers a pleasant flying […]
The China aircraft cabin interior market is projected to grow at a significant CAGR of 7.6% during the forecast period. The key factors that drive the China aircraft cabin interior market include the rising aviation industry in the country. According to the International Air Transport Association (IATA), China is expected to replace the US as […]
The Europe aircraft cabin interior market is projected to grow at a significant CAGR of 7.5% during the forecast period. The key factors that drive the Europe aircraft cabin interior market include the increased disposable income along with the availability of international traveling packages at modest prices are some aspects that fuels the aircraft cabin […]
The global Aircraft Cabin Interior market is projected to grow at a significant CAGR of 7.8% during the forecast period. The key factors that drive the global Aircraft Cabin Interior market are the rising aviation industry, enhancing the passenger’s experience, rise in aircraft deliveries, and providing secure and comfortable surroundings. According to the World Bank, […]