Industry Analysis & Industry Trends
Over the five years to 2015, revenue for the Airports industry in China has been growing at an annualized rate of 12.6%, driven by the rapid development of the Chinese economy. Cultural exchange campaigns between China and other countries also contributed to revenue growth. However, growth is expected to slow in 2015, as the continued smog in large cities such as Beijing severely affects the operations of airlines nationwide. Competition from high-speed rail is also suppressing demand for airlines, due to its lower price and convenience.
Over the past five years, the industry has changed significantly.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
Over the decade to 2020, industry value added is expected to increase at an annualized rate of 8.6%, higher than China's average GDP growth rate (6.5%) during the same period. The rapid overall growth of the industry is mainly driven by rising demand for downstream air passenger transportation services.
The average airport density was calculated at about 20.9 units per million square kilometers in China in 2014, with the level being the highest at 52.6 in East China and the lowest at 9.77 in North West China. This is much lower than that in developed countries. The US, for example, with a similar land size to China, has 65 airports per million square kilometers... purchase to read more