Germany Airlines Market Report 2021: Technology, Application, Types, End-User, Geography, Competitive Analysis and the Impact of Covid-19 with Analysis 2021-2030

In a recent published report, Kenneth Research has updated the market report for Germany Airlines Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Germany Airlines Market products.

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REPORT HIGHLIGHT

The Germany Airlines Market was valued at USD 23.85 billion by 2017, growing with 3.9% CAGR during the forecast period, 2018-2025

The airlines market will be analysed taking airlines as players. For this study, individual consumers, travel agencies, and aircraft manufacturers are considered as the key buyers. Whereas, airline service providers, airline maintenance providers, and fuel companies are categorized under the key suppliers. Competition in the German airline industry is intensifying and is provoked from low-cost carriers that seek to increase their penetration.

The growth of the German airline industry is mostly attributable to the growth of the international flights segment as the domestic market is somewhat saturated. According to Eurostat data, the domestic flights segment has been almost stagnant while international flights have been growing at a 3.5% on average. On the other hand, airlines require large capital investment in aircraft and staff training; they are also often contracted for long periods in agreements with airport authorities. Exit from the market is difficult, and is mostly only done due to financial insolvency. Such factors would in turn hamper the industry growth to some extent.

Additionally, prices in the German industry are anticipated to come under pressure as a result of the increasing penetration of low-cost carriers. For instance, in February 2019, the Federal Association of German Air Transport (BDL) stated that the market share of German airlines continued to decline in 2018 owing to the international carriers build capacity.

“Final Report will add the analysis of the impact of COVID-19 on this industry.”

Types Takeaway
International had the highest volume in the German airlines industry in 2017, with total of over 86,000 thousand passengers, equivalent to 78% of the industry’s overall volume. On contrary, owing to the large geography, rail is widely used as an alternative mean of transportation instead of domestic flights. Thereby, in comparison to international flight segment, domestic had less than 24,000 thousand passengers in 2017, equating to 20% of the industry total.

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Key Vendors Takeaway
easyJet plc
Lufthansa
Etihad Airways
Deutsche Lufthansa AG
TUI Group
Emirates
Air Berlin PLC & Co. Luftverkehrs KG
Competition in the German industry is intensifying and that is provoked from low-cost carriers that seek to increase their penetration. Under these terms retaliation is expected on the grounds of low-cost carriage. The large size of air carriers, high fixed costs, low profit margins and the importance of this market to the airline industry players, comprise a highly competitive environment, which increases rivalry among the key players.

The market size and forecast for each segment and sub-segments has been considered as below:
Historical Year – 2014 & 2016
Base Year – 2017
Estimated Year – 2018
Projected Year – 2025

TARGET AUDIENCE
Traders, Distributors, and Suppliers
Manufacturers
Government and Regional Agencies and Research Organizations
Consultants
Distributors

SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:

MARKET, BY TYPES
International
Domestic

About Kenneth Research
Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

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