Industries in Growth Stage of Life Cycle Global in 2026

1. Global Airlines

2026 Units *: 23.3

• IBISWorld estimates that revenue earned by companies in the Global Passenger Airlines industry will increase at an annualized rate of 5.7% between 2003 and 2008. Revenue is estimated to reach an estimated $381,796.7 million in 2008. Revenue is projected to increase during the current performance period due to strong worldwide real GDP (and disposable income) growth that spurred consumer and business demand for air travel. Industry revenue is expected to take a hit during 2008 as high fuel costs constrain the entire industry forcing many airlines to reduce flights, staff and delay new aircraft orders. IBISWorld forecasts industry revenue to... Learn More

• 2. Global Tourism

  2026 Units *: 16.2

  Important Note The report only deals with the international tourism component of the total tourism industry. In many developed countries, on average, this component can vary between 20% and 24% of total tourism revenue (with domestic tourism accounting for the remainder). However, this proportion does vary significantly across countries, particularly with small, geographically isolated and developing nations. On this basis, total global domestic and international tourism expenditure could be about $4,100 billion in 2008. The International Labour Organization also estimates that global total direct employment in tourism is about 80 million, but with about 200 million people directly and indirectly reliant... Learn More

• 3. Global Music Production & Distribution

  2026 Units *: 11.5

  'Music piracy' is a term that has been tossed about with reckless abandon since the introduction of the cassette tape in the early 1970s. However, the development of the CD and, more recently, the digital download - exemplified by the ubiquitous iTunes - have imbued the phrase with a very real terror for record companies. First, the ability to copy CDs across to 'pirate' - or illegal - discs at equal quality appeared to diminish consumers' need for legitimate CDs. However, in retrospect, this was merely a precursor of the digital revolution that was set to unfold. Today, billions of... Learn More

• 4. Global Travel Agency Services

  2026 Units *: 10.9

  The Global Travel Arrangement and Reservation Industry's performance is particularly sensitive to any economic or other factor (including geopolitical instability and actual or threatened terrorism) that affects holiday, pleasure, sport and corporate/business travel by either internationally or domestically. Some of the main economic factors affecting this industry include trends in country and regional economic growth (particularly Europe, the US and UK) and especially from changes in real household disposable income (resulting from changes in the growth of general employment and from interest and tax rate movements). Also important is changes in the relative price of international travel which is... Learn More

• 5. Global Sports Betting & Lotteries

  2026 Units *: 8.3

  • The Global Gambling and Wagering Industry is sensitive to changes in household disposable income, from which gambling is financed by consumers, as well as competition between some gaming and wagering forms, including now from online gambling sites.
  • International Gaming & Wagering Magazine (September 2007 edition) estimated that in 2006, total global lottery sales was more than $200 billion and increased 10.0%, in nominal terms.
  • Unless otherwise stated, all financial data is presented in constant 2007 US dollars from national currency converted using an annual average exchange rate.
  Revenue and Value Added
  • IBISWorld forecasts that gross revenue of the Global Gambling and... Learn More

  • 6. Global Deep-Sea, Coastal & Inland Water Transportation

    2026 Units *: 8.2

    • IBISWorld estimates that revenue earned by companies in the global Shipping industry will increase at an annualized rate of 11.3% from $78,378.3 million at the end of 2002 to $134,013.9 million by the end of 2007 (in constant 2006 dollars). The industry has recorded positive growth throughout the majority of the current performance period due to robust international trade and the shift in production from western nations such as the US and Europe to China, India and other developing markets. Strong global demand for commodities especially in the second half of the current performance period also contributed to... Learn More

    • 7. Global Respiratory Ventilator Manufacturing

      2026 Units *: 8.2

      Products produced by the Global Respiratory Ventilator Manufacturing industry have long been a staple of the global healthcare sector. Demand for ventilators has historically been stable since they are a life-saving device for patients with limited breathing function. While hospitals do not usually need a significant number of ventilators, the COVID-19 (coronavirus) pandemic has caused demand for ventilators to skyrocket in 2020. Patients with severe coronavirus symptoms often need to be ventilated because their lungs become so inflamed that they are unable to provide the body with enough oxygen. While ventilation is not always successful, at this stage of the... Learn More

    • 8. Global Hotels & Resorts

      2026 Units *: 7.4

      The Global Hotels and Resorts Industry is sensitive to any economic, social, demographic or geo-political factors that affects domestic overnight travel within any country, for any purpose, as well as global international travel demand and patterns. Revenue and Value Added

      • In 2008 the Global Hotels and Resorts Industry is forecast by IBISWorld to generate revenue of $546,740 million, in constant 2008 prices, representing real growth of 3.2% compared to 2007, due to the forecast economic slowdown in the US and some other major Developed Regions. It is also estimated to generate value added of $262,322 million, in 2008 prices, of... Learn More

      • 9. Global Military Aircraft & Aerospace Manufacturing

        2026 Units *: 6.8

        • IBISWorld estimates that revenue from the Military Aerospace Product Manufacturing industry will increase at an annualized rate of 3.4% between end-2002 and end-2007. Revenue will reach an estimated $130,608.8 million by end 2007 (constant 2006 dollars) after increasing by 2.3% compared to 2006. The projected growth in revenue during the five year period is primarily attributed to an increase in demand for military aircraft and missile systems especially from the North American (US) and Europe regions since 2002. Factors that contributed to the growth for military aerospace equipment include the Iraq War, the war on terrorism and homeland security. ... Learn More

        • 10. Global Biotechnology

          2026 Units *: 5.6

          • IBISWorld estimates that revenue earned by establishments in the Global Biotechnology industry will increase at an average annualized rate of 11.9% between end-2003 and end-2008, to reach $146,458.6 million. Revenue is expected to reach an estimated $168,280.9 million in 2009 (constant 2007 US dollars), after rising by 14.9% on the 2008 figure.
          • The vast majority of revenue is generated in the EU and the US, where the industry has been showing positive growth over the past five years. While the US generated the largest share of revenue on a global scale, the EU dominates international trade in biotechnology products. In 2007,... Learn More