Air Cargo Market Forecast to Grow at 5.97% CAGR to 2019
PUNE, India, October 5, 2015 /PRNewswire/ --
Driven by increase in online retail stores, global air cargo market is set to see a steady growth of 5.97% CAGR during the 5 year review period of 2014 to 2015 according to this new 2015 published research report.
Complete report on air cargo market spread across 87 pages, analyzing 4 major companies and supported with 41 data exhibits is now available at http://www.sandlerresearch.org/global-air-cargo-market-2015-2019.html .
One of the major trends emerging in the air cargo market is the increase in airline research, which is resulting in the identification of new transportation routes and strategies in the market. Airlines are adopting the acquisition route to enter the global air cargo market to increase their revenue. According to the report, growing number of online retail stores is propelling the growth of the global air cargo market. Online retail stores, especially online fashion stores, are a major source of revenue for the market.
Further, the report states that one of the major challenges that air cargo market faces is competition from various modes of surface transportation such as bullet trains. As these modes of surface transportation are comparatively inexpensive and are much easier to operate, they find greater acceptance among enterprises. 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.
Cathay Pacific Cargo, FedEx, The Emirates Group and United Parcel Service (UPS) are the major players analyzed in this report. Other prominent companies active in the industry and simply mentioned in this research include Airfrance KLM Martinair Cargo, British Airlines, Cargolux, China Airlines, Delta Airlines, Deutsche Post DHL, Etihad Airways, Korean Airlines, Lufthansa, Qatar Airways, Saudi Arabian Airlines, Singapore Airlines and TNT Express. Order a copy of Global Air Cargo Market 2015-2019 research report at http://www.sandlerresearch.org/purchase?rname=31099 .
Air cargo companies or freight forwarders provide services including shipment of goods by airways, door-to-door delivery of goods, customs clearance, tracking of cargo and packaging of goods. The Global Air Cargo market can be classified into two segments: Airmail and Airfreight. The Global Air Cargo market is growing at a steady rate. To calculate the market size, the report considers the volume of cargo in RTK and metric tons. This research has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market in Africa, the APAC region, CIS, Europe, the Middle East region, North America, and South America; it also covers the Global Air Cargo landscape and its growth prospects in the coming years.
Comprehensive table of contents, list of 41 data exhibits provided in this research and more on the air cargo market report is available at http://www.sandlerresearch.org/toc/global-air-cargo-market-2015-2019.html .
Another relevant research titled Global Air Cargo Security and Screening Systems Market 2015-2019 says the air cargo industry is vulnerable to terror attacks, and there is an increased need for air cargo security and screening systems. For example, in 2010, two packages shipped from Yemen to Chicago were discovered to contain explosive materials. Also, in 2013, terrorist attacks increased by 43% worldwide. Therefore, the air cargo requires efficient and advanced cargo screening systems to handle the increasing volume, and provide enhanced security measures. This research provides a global overview and the growth prospects by region (the Americas, APAC, and EMEA). Companies like 3DX-RAY, American Science and Engineering, L-3 Security & Detection Systems, Morpho Detection, Rapiscan Systems, Armstrong Monitoring, Astrophysics, AUTOCLEAR, CEIA, Gilardoni, Nuctech and Smiths Detection are mentioned in this report available at http://www.sandlerresearch.org/global-air-cargo-security-and-screening-systems-market-2015-2019.html .
Explore more reports on the public sector at http://www.sandlerresearch.org/market-research/public-sector .
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