TechNavio recognizes the following companies as the key players in the Global Air Cargo Market: Deutsche Post AG, FedEx Corp., TNT Express NV, and United Parcel Services Inc.
Commenting on the report, an analyst from TechNavio’s team said: “The Global Air Cargo market is witnessing an increase in airline research, which is resulting in the introduction of new air routes for cargo transportation purposes. This is a trend which is expected to continue over the years. Airlines are adopting the acquisitive route to enter the Global Air Cargo market to increase their revenue. Airline research has also resulted in the adoption of a new concept of dedicated cargo terminals at airports. Such terminals will be operated and maintained by cargo airlines and not by the airline that owns the airport. This concept can reduce the cost of airport operations for the airline. In this scenario, cargo airlines will use certain airports as their hub airports, from where they can transport goods and also try to capitalize on the air cargo markets in which those hubs are based.”
According to the report, the major growth driver is the increase in online retail stores. Online retail stores and fashion stores are the major revenue contributing sectors in the Global Air Cargo market. Over a period of many years these have been the major contributors to market share.
Further, the report states that the major challenge for the market is the increase in surface competition. For instance, bullet trains are giving tough competition to the Global Air Cargo market.
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. For further information on this report, please visit https://www.technavio.com/report/global-air-cargo-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/automotive-and-aerospace
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TechNavio Announces the Publication of its Research Report -Global Air Cargo Market 2012-2016
