Aviation Market in Africa to grow 2016 -2020 by 5.35%
The Aviation market in Africa includes the Airports and Airlines markets in the region. These markets include airlines such as Egypt Air and South African Airways and airports such as Cairo International Airport and Johannesburg Oliver R Tambo International Airport. The Aviation market in Africa is growing and is a vital factor for the economic growth of Africa. It also facilitates the growth of tourism and trade in the region.
One key trend upcoming in this market is the emergence of local players. Local companies have access to growing domestic traffic and to African passengers, which could be used as a competitive advantage.
With an increase in the number of people traveling by air and the corresponding increase in the number of commercial airports and airlines, there is increased need to effectively manage, monitor, and deliver passengers, baggage, and cargo to their correct destinations, driving the Aviation market in the region. Many people can now afford air travel and as a result of increased urbanization and direct air routes between cities, air travel has become one of the preferred means of transportation. Also, along with economic growth, the volume of trade has increased, which further facilitates the growth of air transportation.
Covered in this Report
This report covers the present scenario and the growth prospects of the Aviation market in Africa for the period 2014-2018. To calculate the market size, the report considers the RPK of the Aviation market in Africa. The report provides the market share of the airports and airlines operating in Africa. It also provides the vendor landscape and a corresponding detailed analysis of the top two airports and the top two airlines in the market. In addition, the report discusses the major drivers that influence the growth of the Aviation market in Africa. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends that are emerging in the market.
Aviation Market in Africa 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Eastern, Western, Central, Southern and Northern African regions. The report also includes a discussion of the key airlines and airports operating in this market.
“LCCs also provide a comparatively cheap alternative to air travel for millions of people from developing regions such as Africa. They make travel more affordable to a larger traveler base and are likely to have services to many destinations.”
To define the market conditions in the next 3-4 years, our analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.