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Aviation

The overall growth of the global aviation market directly depends on the increasing rates of military airforce and scheduled air transport.

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ASIA-PACIFIC UNMANNED AERIAL VEHICLE MARKET 2021-2028
Aerospace & Defense

ASIA-PACIFIC UNMANNED AERIAL VEHICLE MARKET 2021-202 ..

Market by UAV Size, End-use, and Country | Forecast 2021-202 ..

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EUROPE UNMANNED AERIAL VEHICLE MARKET 2021-2028
Aerospace & Defense

EUROPE UNMANNED AERIAL VEHICLE MARKET 2021-2028

Market by UAV Size, End-use, and Country | Forecast 2021-202 ..

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GLOBAL UNMANNED AERIAL VEHICLE MARKET 2021-2028
Aerospace & Defense

GLOBAL UNMANNED AERIAL VEHICLE MARKET 2021-2028

Market by UAV Size, End-use, and Geography | Forecast 2021-2 ..

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LATIN AMERICA UNMANNED AERIAL VEHICLE MARKET 2021-2028
Aerospace & Defense

LATIN AMERICA UNMANNED AERIAL VEHICLE MARKET 2021-20 ..

Market by UAV Size, End-use, and Country | Forecast 2021-202 ..

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MIDDLE EAST AND AFRICA UNMANNED AERIAL VEHICLE MARKET 2021-2028
Aerospace & Defense

MIDDLE EAST AND AFRICA UNMANNED AERIAL VEHICLE MARKE ..

Market by UAV Size, End-use, and Country | Forecast 2021-202 ..

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NORTH AMERICA UNMANNED AERIAL VEHICLE MARKET 2021-2028
Aerospace & Defense

NORTH AMERICA UNMANNED AERIAL VEHICLE MARKET 2021-20 ..

Market by UAV Size, End-use, and Country | Forecast 2021-202 ..

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Aviation

Aviation

The overall growth of the global aviation market directly depends on the increasing rates of military airforce and scheduled air transport. Intra-regional routes hold the majority share of global traffic, thus, are projected to hold the strings of the international commercial aircraft market.

The aviation market has witnessed some of its own strategic shifts in the years. Due to declining yields, airline fleet decisions are migrating towards profit-driven models coming from the earlier capacity-driven models to focus on capacity discipline. Also, with a broad consensus among the World Bank, OPEC and the US Energy Information Agency about increasing long-term oil prices, airlines are expected to retire or replace their less efficient fleet of aircraft with those that have more of it. The industry is however currently constrained by aircraft OEMs with issues in engines and cabin segments for some selected suppliers.

Massive expenditure by emerging economies is driving tremendous growth for the military turbine fixed wing segment. In addition, the tourism and aviation industries will also continue to enjoy a symbiotic relationship. With a spend of $776bn on travel in 2018, factors like successful tourism campaigns, e-commerce growth and niche-market development are expected to lead greater demand for the aviation industry in the coming years.

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