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Sector Analysis
Low Cost Airlines Market Size and Forecast, Key Trends, Company Profiles, 2023-2027
Low-cost Airlines Report Overview Low-cost airlines revenue was $146.60 billion in 2022. Although the revenue is lower than the pre-pandemic level in 2019, it is gradually recovering as various countries started easing travel restrictions and encouraging international travel post-pandemic. The market is expected to grow at a CAGR of more than 13% from 2022 to 2027. Furthermore, growth in the aviation industry has been positively impacted by technological developments in aircraft design and operation. Airlines' operational costs are lowered by...
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Analyst Opinions
NewDecarbonizing Maritime and Aviation Overview by Key Energy Transition Technologies and Case Studies, 2024 Update
Decarbonizing Maritime and Aviation Market Report Overview The automotive sector experiences a strong growth in demand for electric vehicles. However, the aviation and maritime sectors have been slow to decarbonize. To incentivize emission reductions, both sectors have set bold net-zero targets. However, according to the IEA, the sectors remain disoriented. Demand for cost-competitive and energy-dense fuels has led aviation and maritime to represent two of the most difficult to abate sectors. Both sectors will likely need to engage with a...
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Sector Analysis
Italy Source Tourism Insight by Domestic and Outbound Tourism, Key Destinations and Tourist Profiles, 2024 Update
Italy Source Tourism Report Overview The total outbound trips in Italy surpassed pre-pandemic levels, increasing to 35.22 million in 2023. The strong desire to travel and experience new things post the easing of pandemic-related travel restrictions; the reduction in travel costs by low-cost airlines; and the growing disposable incomes of younger passengers are contributing to this development. The projected compound annual growth rate (CAGR) for international departures is more than 6% for 2023-2027. The Italy source tourism market research report...
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Thematic Analysis
Low Cost Evolution Travel and Tourism – Thematic Intelligence
Low-Cost Evolution Travel and Tourism Thematic Report Overview Travel companies are targeting a wider range of customers as airfares and hotel tariffs have become affordable in recent years. The travel industry now encompasses every type of traveler, and this has resulted in the rising popularity of low-cost travel and tourism operators. Travel apps such as Airbnb and Uber have been at the forefront of the low-cost evolution. These apps shape travelers’ spending habits by sending push notifications regarding last-minute deals...
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Analyst Opinions
Digging Deeper into Sustainability – Key Disruptive Forces in Mining (Vol.3)
Disruptive Forces in Mining Report Overview The demand for cleaner and more sustainable energy solutions such as flow batteries is rising owing to growing ESG pressure. Flow batteries have emerged as a promising technology that can contribute to a more reliable and environmentally friendly energy landscape. Leading players as well as startups are investing in developing sustainable solutions. For instance, the new kind of sodium batteries, being developed by startups such as Finland-based Broadbit and India-based AR4 Tech offer much...
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Company Insights
Ryanair Holdings Plc – Digital Transformation Strategies
Ryanair Digital Transformation Strategies Report Overview Ryanair is leveraging cloud infrastructure as a part of its digital transformation strategies. The annual ICT spending of Ryanair was estimated at $228.5 million in 2022. A major share of this spending is earmarked for acquiring software, ICT services, and network and communications from vendors. Ryanair Holdings Plc (Ryanair) is a low-cost scheduled passenger airline company. It offers short-haul, point-to-point routes in Europe. Ryanair also offers various ancillary services and other services such as...
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Sector Analysis
Turkey Destination Tourism Trends Insight by Type, Source Markets, Foreign Direct Investment and Future Opportunities, 2023 Update
Turkey Destination Tourism Insight Report Overview The total number of inbound tourists in Turkey is expected to exceed 2019 levels in 2023 reaching 48.5 million with a projected CAGR of more than 7% between 2022 and 2027. Turkey is a country that is geographically distinct because it is divided between Asia and Europe. Even though most of its tourism still centers on historical monuments and beach resorts, the country is growing as a popular destination for medical treatment, cosmetic procedures,...
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Case Studies
Indian Low-Cost Airlines Case Study – Analysis of Indian Low-Cost Airlines and their Evolution Including Key Trends, Industry Leaders and SWOT Analysis
This case study looks at the Indian low-cost airlines and their evolution including key trends, industry leaders and SWOT analysis.
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Sector Analysis
Netherlands Passenger Airlines Market Size by Passenger Type, Airline Category, Seats, Load Factor, Kilometres and Forecast to 2026
In Netherlands, the total number of passenger airlines seats (domestic and international combined) available were 46,048.12 thousands in 2021, recording a CAGR of -14.60% during the period 2017-2021. Netherlands Passenger Airlines market is broken down into Low cost, Full service and Charter segments. During the review period 2017-2021,Low cost is the slowest declining airlines segment with a CAGR of -10.43% while Charter is the slowest declining segment with a CAGR of -41.28%. The total number of passenger airlines seats however...
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Sector Analysis
Norway Passenger Airlines Market Size by Passenger Type, Airline Category, Seats, Load Factor, Kilometres and Forecast to 2026
In Norway, the total number of passenger airlines seats (domestic and international combined) available were 24,741.70 thousands in 2021, recording a CAGR of -15.45% during the period 2017-2021. Norway Passenger Airlines market is broken down into Low cost, Full service and Charter segments. During the review period 2017-2021,Low cost is the slowest declining airlines segment with a CAGR of -14.53% while Charter is the slowest declining segment with a CAGR of -38.80%. The total number of passenger airlines seats however...