1. Market Research
  2. > Transportation
  3. > Logistics and Freight Market Trends
North America Air Cargo Market to 2027 - Regional Analysis and Forecasts by Type; Service; and End User

North America Air Cargo Market to 2027 - Regional Analysis and Forecasts by Type; Service; and End User

  • May 2019
  • 126 pages
  • ID: 5783136
  • Format: PDF
  • By The Insight Partners

Summary

Table of Contents

Search Inside

The North America air cargo market accounted for US$ 21.01 Bn in 2018 and is expected to grow at a CAGR of 2.4% over the forecast period 2019-2027, to account for US$ 25.99 Bn in 2027. The positive impact of the growing e-commerce sector is the key driver that is propelling the growth of the air cargo market. Moreover, the focus on design and implementation of various software solutions across the region is expected to boost the air cargo market growth in the forecast period. The e-commerce industry gathered pace in the early part of this decade with advancements in the internet infrastructures & speed, as well as increasing smartphones and internet penetration among the users. E-commerce sparked an upheaval in the consumers buying behavior and also changed how businesses interact with each other. As the global e-commerce market is heating up, changing buying patterns and trends, have been observed in different countries of the region with regards to the product category preferred for online purchase. Air cargo is a significant component of the e-commerce ecosystem to manage the transportation of goods globally.
In contrast with the retail store, the e-commerce business is accountable for ensuring timely delivery, and if the goods or products are returned, then the company has to manage all the operations in reverse logistics.In the e-commerce business, air cargo service providers deliver flexibility & scalability, upgraded technology, and efficiency & specialization.

Moreover, the services provided by air cargo firms to e-commerce business are data management, real-time tracking, safe transportation, reduced time, and others. The air cargo market players are focusing on various initiatives to enhance its reach to rural areas and boost its position in the market.

The air cargo market is fragmented with the presence of several industries, and the competitive dynamics in the market is expected to change during the upcoming years.In addition to this, various initiatives are undertaken by the governmental bodies to accelerate the air cargo market further.

For instance, the North American Free Trade Agreement (NAFTA) is an agreement signed between the US, Canada, and Mexico, this has reduced most tariff and non-tariff barriers to free trade and investment between the three countries, further, this has helped in increasing the trade and investment level in North American countries.The NAFTA has benefitted the transportation & logistics industry.

Also, the decentralization of large sectors in the US, setting up their manufacturing bases in Mexico has further led to increased transportation & logistics activities within the North American region.Any logistic service provider needs to take into considerations the regulations under the domain of NAFTA.

Any changes in the regulations are sure to have an impact on the air cargo market. These initiative provide various benefits to the US air cargo based companies located in the region, thus, increasing the growth of the air cargo market.

Based on type, the air freight segment is leading the air cargo market and is expected to continue its dominance during the forecast period.Air freight is the transportation of goods via an air carrier, which can be commercial or charter.

With the increasing demand for quick delivery, express shipping is trending in the air freight market.The express shipping option of air freight makes it valuable for coordinating time-sensitive shipments across the globe.

The small and mid-sized companies are highly benefited by air freight as it allows them to participate in international trade expeditiously and effectively.The air freight market is expected to witness significant growth during the forecast period due to the booming e-commerce sector.

The air freight market is highly influenced by regional regulations. With the implementation of advanced technologies such as IoT, big data, real-time tracking, and others are expected to have a significant positive impact on the market.
The overall air cargo market size has been derived using both primary and secondary source.The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the air cargo market.

It also provides an overview and forecast for the air cargo market based on all the segmentation provided for the North America region.Also, primary interviews were conducted with industry participants and commentators to validate data and analysis.

The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the air cargo industry. Some of the players present in air cargo market are FedEx Express, UPS Airlines, DHL Aviation, Emirates, Cathay Pacific Airways, Korean Air Cargo, Lufthansa, Singapore Airlines Cargo, China Airlines, British Airways, Cargolux, ANA CARGO, and Zela Aviation The Air Charter Company among others.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Asia Pacific Air Cargo Market to 2027 - Regional Analysis and Forecasts by Type; Service; and End User

Asia Pacific Air Cargo Market to 2027 - Regional Analysis and Forecasts by Type; Service; and End User

  • $ 3000
  • May 2019

The Asia Pacific air cargo market accounted for US$ 37.63 Bn in 2018 and is expected to grow at a CAGR of 5.2% over the forecast period 2019-2027, to account for US$ 59.13 Bn in 2027. The rapid growth ...

Europe Air Cargo Market to 2027 - Regional Analysis and Forecasts by Type; Service; and End User

Europe Air Cargo Market to 2027 - Regional Analysis and Forecasts by Type; Service; and End User

  • $ 3000
  • May 2019

The Europe air cargo market accounted for US$ 24.68 Bn in 2018 and is expected to grow at a CAGR of 4.4% over the forecast period 2019-2027, to account for US$ 36.15 Bn in 2027. The growth of the e-commerce ...

Air Freight Global Industry Almanac 2014-2023

Air Freight Global Industry Almanac 2014-2023

  • $ 2995
  • April 2019

Air Freight Global Industry Almanac 2014-2023SummaryGlobal Air Freight industry profile provides top-line qualitative and quantitative summary information including: sector size (value and volume 2014-18, ...


ref:plp2019

Reportlinker.com © Copyright 2019. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on