Airport Services Market

Airport Services Market Size Is Expected to Reach USD 241.07 Billion By 2030. At A CAGR Of 18% By 2022-2030

The growth of the airport services Market can be attributed to the increasing modernization of existing airports, developments in commercial aviation, and the establishment of new airports. The global market has been segmented on the basis of service type, airport type, and region.

Based on service type, the airport services Market overview has been divided into aircraft handling and related services, hospitality event services, and cargo handling services. The hospitality event services segment is expected to account for the largest share of the market and register the highest CAGR between 2019 and 2025. The rising number of smart airports and use of digital-based services at smart airports are expected to boost the growth of the hospitality event services segment during the forecast period.

Key Players

The key players in the global Airport Services Market are Fraport Frankfurt Airport Services (Germany), Aeroports de Paris SA (France), Tav Havalimanlari Holding AS (Turkey), Japan Airport Terminal Co., Ltd (Japan), BBA Aviation plc (UK), Beijing Capital International Airport Co., Ltd (China), SATS Ltd (Singapore), Auckland International Airport Ltd (New Zealand), Flughafen Wien AG (Austria), and Malaysia Airports Holdings Berhad (Malaysia).

Segmental Analysis:

In terms of airport type, the market has been divided into civil airports, military/federal government airports, and private airports.

The civil airports segment dominated the market in 2018 and is expected to register the highest CAGR during the forecast period due to advanced facilities, such as baggage handling and cargo handling, provided by the airport authorities.

Regional Analysis:

Airport services Market trend Based on region, the Airport Services Market has been classified as North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Asia-Pacific was a key region for this market in 2018. The presence of various airport service providers such as Beijing Capital International Airport Co., Ltd, SATS Ltd, and Malaysia Airports Holdings Berhad is propelling the market growth in the region. However, the market in Europe is expected to register the highest CAGR during the forecast period due to the growing demand for airport services such as baggage handling services and runway maintenance. Additionally, increasing passenger traffic at airports in countries such as the UK and  Germany is boosting the market growth in the region.

Related reports:

·       Aircraft Engine MRO Market Report: Information By Engine Type (Turbine Engine and Piston Engine), By Aircraft Type (Fixed-Wing Aircraft and Rotary-Wing Aircraft), By Application (Civil Aviation and Military Aviation) - Forecast till 2030

·       Wide-Body Aircraft MRO Market Research Report: By MRO Type (Engine, Component, Line Maintenance, Airframe and Modification), Platform (Commercial Air Transport, Military Aviation and Business and General Aviation) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and Latin America) - Forecast till 2027

About Market Research Future:

Market Research Future (MRFR) is a market research company that prides itself on its services, offering comprehensive and accurate analysis with respect to various markets and consumers worldwide. Market Research Future has the distinguished goal of providing customers with optimal quality research and granular research. Our market research by products, services, technologies, applications, end users, and market players for global, regional, and national market segments, allows our customers to see more, learn more, and do more, helping to answer your most important questions

Contact:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street, 5Th Floor, New York, New York 10013,

United States of America

+1 646 845 9312

Email: sales@marketresearchfuture.com