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The low-cost carrier market and is forecasted to grow by $248.65 bn during 2022-2027, accelerating at a CAGR of 15.15% during the forecast period. The report on the low-cost carrier market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in air passenger traffic, rising demand for air cargo, and creation of new air routes to tap market potential.
The low-cost carrier market is segmented as below:
By Service
- Passenger service
- Cargo service
By Type
- Narrow body
- Wide body
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
The report on the low-cost carrier market covers the following areas:
- Low-cost carrier market sizing
- Low-cost carrier market forecast
- Low-cost carrier market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Service
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global low-cost carrier market: Air Arabia PJSC, Air Canada, Capital A Berhad, Cebu Pacific, Deutsche Lufthansa AG, easyJet Airline Co. Ltd., Fly LEVEL SL, InterGlobe Aviation Ltd., Jet2 Plc, Lion Air, Norwegian Air Shuttle ASA, PAL Holdings Inc., Pegasus Air Transport Corp., PT Garuda Indonesia (Persero) Tbk., Qantas Airways Ltd., Ryanair DAC, Singapore Airlines Ltd., Southwest Airlines Co., Vueling Airlines SA, and WestJet Airlines Ltd.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is rising preference for smart airports.'
According to the report, one of the major drivers for this market is the increase in air passenger traffic.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Air Arabia PJSC
- Air Canada
- Capital A Berhad
- Cebu Pacific
- easyJet plc
- Fly LEVEL SL
- FLYPOP Ltd.
- Frontier Group Holdings Inc.
- InterGlobe Aviation Ltd.
- JetBlue Airways Corp.
- Lion Air
- Norwegian Air Shuttle ASA
- Qantas Airways Ltd.
- Ryanair Holdings plc
- Singapore Airlines Ltd.
- Southwest Airlines Co.
- SpiceJet Ltd.
- Spirit Airlines Inc.
- Vueling Airlines SA
- WestJet Encore Ltd.
