Global Airport On-Ground Service Market Report Size, Trends & Growth Opportunity, By Airport Type (Commercial airport, Cargo airport, Military airports, General aviation airport) , By Application Area (Customer Experience, Aircraft Handling, Cargo Handling, Lounge and premium services, Load control, communication and flight operation, Others ), By Region (North America, Europe, Asia Pacific, Latin America, Middle East & South Africa ) And Forecast Till 2027.
Report ID : IR1001511 | Industries : Automotive and Transportation | Published On :July 2024 | Page Count : 249
Global Airport On-Ground Service Market Report Size, Trends & Growth Opportunity, By Airport Type (Commercial airport, Cargo airport, Military airports, General aviation airport) , By Application Area (Customer Experience, Aircraft Handling, Cargo Handling, Lounge and premium services, Load control, communication and flight operation, Others ), By Region (North America, Europe, Asia Pacific, Latin America, Middle East & South Africa ) And Forecast Till 2027.
Global Airport On-Ground Service Market
The Global Airport On-Ground Service Market was worth USD 6 Billion in 2021 and is estimated to be USD 16 Billion growing at a CAGR of 13.06 % from 2022 to 2027.
In order to improve amenities and customer service, airports are constantly being upgraded. In order to shorten the time spent on the ground and improve aircraft efficiency between arrival and departure, aircraft ground handling systems are used in a variety of operational facilities. The most important characteristics for ground handling services to decrease turnaround time are speed, reliability, and precision. factors include avoiding aircraft delays, bag safety & security, and a reduction in ground time to guarantee the operational effectiveness of the airport ground handling business.
Market Drivers
The airport's ground handling services market is being driven by the increasing number of travellers using both domestic and international airports. Businessmen and working professionals are flying more frequently thanks to the accelerated growth of businesses and rising corporate workforce. The market is expanding as a result of creative service concepts, increased airport authority investment in improving ground handling services to increase income, and other factors.
Another significant aspect influencing the market's growth is technical developments in the handling services. The development of the airport on ground services industry is being driven by technology like cloud-based software, enhanced logging systems, and handheld devices with internet of things (IoT) capabilities.
Market Restraints
In emerging economies, airport infrastructure is frequently underdeveloped. As a result, rail transit is crucial in these nations. Additionally, some nations, like South Korea, Germany, France, Spain, Italy, Japan, China, and others, have high-speed train networks. Because they are frequently more affordable, faster than short-haul flights, and simpler and quicker to board than planes, many travellers prefer these high-speed trains as a result.
Market Segmentation
The Global Airport On-Ground Service Market is segmented into Airport Type (Commercial airport, Cargo airport, Military airports, General aviation airport), Application (Customer Experience, Aircraft Handling, Cargo Handling, Lounge and premium services, Load control, communication and flight operation, Others) and Region (North America, Europe, Asia Pacific, Latin America, Middle East & South Africa).
Regional Analysis
The target market's largest revenue share contribution is expected to come from the airport on-ground services market in North America, which is also expected to continue to dominate the sector over the forecast period. A variety of equipment suppliers and service providers are involved, which is the attributed cause. Business growth would be fueled by a growing focus on operational efficiency and serving the ever-rising demand of flying passengers. Among the top five busiest airports in the globe are Los Angeles International Airport and Atlanta International Airport, the busiest airports in the nation. Strategic investments are being made by industrial firms to expand their service activities in order to gain a competitive edge.
Key Players
The Key Players in the Global Airport On-Ground Service Market are Aviapartner, Swissport International AG, Dnata, John Menzies plc, Amadeus IT Holding SA, DHL International, Fraport AG, Glamco Aviation, PrimeFlight Aviation Services and BBA aviation.
Market Taxonomy
Airport Type
• Commercial airport
• Cargo airport
• Military airports
• General aviation airport
Application Area
• Customer Experience
• Aircraft Handling
• Cargo Handling
• Lounge and premium services
• Load control
• Communication and flight operation
• Others
Regional Outlook
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and South Africa
Global Airport On-Ground Service Market Report Size, Trends & Growth Opportunity, By Airport Type (Commercial airport, Cargo airport, Military airports, General aviation airport) , By Application Area (Customer Experience, Aircraft Handling, Cargo Handling, Lounge and premium services, Load control, communication and flight operation, Others ), By Region (North America, Europe, Asia Pacific, Latin America, Middle East & South Africa ) And Forecast Till 2027.
Global Airport On-Ground Service Market
The Global Airport On-Ground Service Market was worth USD 6 Billion in 2021 and is estimated to be USD 16 Billion growing at a CAGR of 13.06 % from 2022 to 2027.
In order to improve amenities and customer service, airports are constantly being upgraded. In order to shorten the time spent on the ground and improve aircraft efficiency between arrival and departure, aircraft ground handling systems are used in a variety of operational facilities. The most important characteristics for ground handling services to decrease turnaround time are speed, reliability, and precision. factors include avoiding aircraft delays, bag safety & security, and a reduction in ground time to guarantee the operational effectiveness of the airport ground handling business.
Market Drivers
The airport's ground handling services market is being driven by the increasing number of travellers using both domestic and international airports. Businessmen and working professionals are flying more frequently thanks to the accelerated growth of businesses and rising corporate workforce. The market is expanding as a result of creative service concepts, increased airport authority investment in improving ground handling services to increase income, and other factors.
Another significant aspect influencing the market's growth is technical developments in the handling services. The development of the airport on ground services industry is being driven by technology like cloud-based software, enhanced logging systems, and handheld devices with internet of things (IoT) capabilities.
Market Restraints
In emerging economies, airport infrastructure is frequently underdeveloped. As a result, rail transit is crucial in these nations. Additionally, some nations, like South Korea, Germany, France, Spain, Italy, Japan, China, and others, have high-speed train networks. Because they are frequently more affordable, faster than short-haul flights, and simpler and quicker to board than planes, many travellers prefer these high-speed trains as a result.
Market Segmentation
The Global Airport On-Ground Service Market is segmented into Airport Type (Commercial airport, Cargo airport, Military airports, General aviation airport), Application (Customer Experience, Aircraft Handling, Cargo Handling, Lounge and premium services, Load control, communication and flight operation, Others) and Region (North America, Europe, Asia Pacific, Latin America, Middle East & South Africa).
Regional Analysis
The target market's largest revenue share contribution is expected to come from the airport on-ground services market in North America, which is also expected to continue to dominate the sector over the forecast period. A variety of equipment suppliers and service providers are involved, which is the attributed cause. Business growth would be fueled by a growing focus on operational efficiency and serving the ever-rising demand of flying passengers. Among the top five busiest airports in the globe are Los Angeles International Airport and Atlanta International Airport, the busiest airports in the nation. Strategic investments are being made by industrial firms to expand their service activities in order to gain a competitive edge.
Key Players
The Key Players in the Global Airport On-Ground Service Market are Aviapartner, Swissport International AG, Dnata, John Menzies plc, Amadeus IT Holding SA, DHL International, Fraport AG, Glamco Aviation, PrimeFlight Aviation Services and BBA aviation.
Market Taxonomy
Airport Type
• Commercial airport
• Cargo airport
• Military airports
• General aviation airport
Application Area
• Customer Experience
• Aircraft Handling
• Cargo Handling
• Lounge and premium services
• Load control
• Communication and flight operation
• Others
Regional Outlook
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and South Africa