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The low-cost carrier (LCC) market is forecasted to grow by USD 348.2 billion during 2024-2029, accelerating at a CAGR of 15.4% during the forecast period. The report on the low-cost carrier (LCC) 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 (LCC) 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 (LCC) market covers the following areas:
- Low-Cost Carrier (LCC) Market sizing
- Low-Cost Carrier (LCC) Market forecast
- Low-Cost Carrier (LCC) 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 report 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 primary and secondary research. 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 Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Service
9 Market Segmentation by Type
10 Customer Landscape
11 Geographic Landscape
12 Drivers, Challenges, and Opportunity/Restraints
13 Competitive Landscape
14 Competitive Analysis
15 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global low-cost carrier (LCC) market: 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, and WestJet Encore 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.
