Airport Services Market Size, Status, Global Outlook 2023 To 2030
The Airport Services Market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive landscape, sales analysis, the impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.
The Global Airport Services Market Size Was Valued At USD 89.87 Billion In 2021. The Market Is Projected To Grow From USD 97.87 Billion In 2022 To USD 290.23 Billion By 2029, Exhibiting A CAGR Of 16.80% During The Forecast Period.
Top Companies in the Global Airport Services Market are:
Beijing Capital International Airport Co. Ltd. (China), Fraport AG Frankfurt Airport Services Worldwide (Germany), Air General Inc. (U.S.), dnata (UAE), Worldwide Flight Services (France), A.S. Services Group, Inc. (U.S.), LHR Airports Limited (U.K.), Acciona (Spain), Signature Aviation plc (U.K.), Tokyo International Air Terminal Corporation (Japan), Çelebi Aviation (Turkey), Airports de Paris SA (France), Others
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Market Overview
The airports conduct business with both airlines and individuals. Aeronautical services and non-aeronautical services are their primary sources of revenue. Both aviation management and logistics services could benefit from this industry. The market has been significantly impacted by developments in the aviation industry. The majority of these opportunities relate to passenger handling (customer service functions) and floor management (cargo and cargo/delivery, flight control, and other areas). The growth of infrastructure and the number of passengers in developing nations will drive the market. The airport services market is anticipated to expand due to the construction of new airports and the renovation of existing airports.Most airports have asphalt runways and repair areas. They also serve as hubs for passengers and cargo. Airport service providers are currently seeking additional business and trades associated with ongoing events, such as the modernization of airport infrastructure. Over the past two decades, airports around the world have increased security due to new threats. In the interim, the anticipated increase in passengers has put pressure on major transportation hubs to speed up traffic, shorten lines, and ensure that passengers can move as efficiently as possible from door to door and exit to door.
This report segments the global Airport Services Market:
By Type:
• International
• Domestic
• Others
By Application:
• Greenfield Airport
• Brownfield Airport
• Others
By Infrastructure Type:
• Aeronautical Services
• Non-Aeronautical Services
• Others
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Regional Analysis of Airport Services Market:
North America dominated the market in 2021. North America's market was worth USD 25.11 billion in 2021. Air General Inc. and S.A.S. Services Group, Inc. are major contributors to the expansion. In addition, after the pandemic, the region saw the most travellers during the base year. Consequently, higher growth rates are anticipated over the next few years.Europe's market is anticipated to expand significantly as airports in the United Kingdom, France, and Germany continue to improve. Additionally, major airport service providers with headquarters in Germany include Fraport AG Frankfurt Airport Services Worldwide, Worldwide Flight Services, and LHR airport. These service providers are well-known in the region and have international clients.As a result of the sudden increase in air passenger traffic, Asia-Pacific is anticipated to become the largest emerging market in the world. The growth of low-cost airlines and the number of air travellers in countries such as India and China are driving the development and modernization of airport infrastructure as well as the opening of additional airports in the region. According to the International Air Transport Association (IATA), China will have more air passengers than the United States in 2024.
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
Finally, the Airport Services Market report is a believable source for gaining market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure and so on. Airport Services industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.
KEY HIGHLIGHTS OF THE REPORT
– Quantitative market information and forecasts for the global Airport Services industry, segmented by type, end use, and geographic region.
– Expert analysis of the key technological, demographic, economic, and regulatory factors driving growth in Airport Services to 2030.
– Market opportunities and recommendations for new investments.
– Growth prospects among emerging nations through 2030.
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