Global Air Transport Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Passenger Air Transport, Chartered Air Transport, and Air Cargo Services.

By Distance;

Long-Distance and Short-Distance.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn820380633 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Air Transport Market (USD Million), 2021 - 2031

In the year 2024, the Global Air Transport Market was valued at USD 90,583.26 million. The size of this market is expected to increase to USD 194,076.09 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 11.5%.

The global air transport market encompasses the transportation of passengers and cargo via air travel, serving as a critical component of international and domestic mobility and trade. This market includes a wide range of services provided by airlines, airports, and related industries such as aircraft manufacturing and maintenance. Air transport facilitates rapid and efficient movement of people and goods across long distances, connecting cities and countries around the world.

Key drivers of the global air transport market include economic growth, globalization, and increasing demand for travel and tourism. As economies expand and incomes rise, more people have the financial means to travel for business, leisure, and personal reasons. This has led to a steady increase in passenger traffic and air cargo volumes over the years. Moreover, globalization has spurred international trade and supply chain integration, driving demand for air freight services to transport goods quickly and reliably across borders.

Technological advancements in aircraft design, navigation systems, and operational efficiency are also shaping the evolution of the air transport market. Airlines are continuously upgrading their fleets with newer, more fuel-efficient aircraft to reduce operating costs and environmental impact. Additionally, innovations in passenger experience, such as inflight entertainment and connectivity, and improvements in airport infrastructure contribute to enhancing the overall efficiency and competitiveness of the global air transport industry.

However, the air transport market faces challenges such as volatile fuel prices, regulatory constraints, and geopolitical tensions that can impact operations and profitability. Despite these challenges, the resilience of the air transport sector is evident in its ability to adapt to changing market conditions and technological advancements. Looking ahead, the global air transport market is expected to continue its growth trajectory, driven by increasing urbanization, rising middle-class populations in emerging markets, and ongoing innovations that enhance safety, efficiency, and sustainability in air travel.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Distance
    3. Market Snapshot, By Region
  4. Global Air Transport Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Economic Growth and Rising Disposable Incomes
        2. Globalization and International Trade
        3. Technological Advancements
      2. Restraints
        1. Volatile Fuel Prices
        2. Regulatory Constraints and Safety Regulations
        3. Geopolitical Instability
      3. Opportunities
        1. Increasing Demand for Travel and Tourism
        2. Growth in Emerging Markets
        3. Innovation in Sustainable Aviation Technologies
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Air Transport Market, By Type, 2021 - 2031 (USD Million)
      1. Passenger Air Transport
      2. Chartered Air Transport
      3. Air Cargo Services
    2. Global Air Transport Market, By Distance, 2021 - 2031 (USD Million)
      1. Long-Distance
      2. Short-Distance
    3. Global Air Transport Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Delta Air Lines
      2. United Continental Holdings
      3. Lufthansa Group
      4. FedEx
  7. Analyst Views
  8. Future Outlook of the Market