Press release
Airport Operations Market to Grow at 10% CAGR, Reaching $10.51 Billion by 2029
Airport Operations
Airport Operations Market Outlook: How is the Market Expected to Grow by 2025?
In recent years, the market size of airport operations has seen robust growth. It is projected to expand, rising from $6.53 billion in 2024 to $7.18 billion in 2025 at a compound annual growth rate (CAGR) of 9.8%. The growth experienced in the historic period is due to multiple factors such as the surge in global air travel, upsizing of airline fleets, growth in international trade and cargo, airport infrastructure enlargement, government-led investments in airport modernization, and the emergence of budget airlines pushing up passenger volumes.
Airport Operations Market Forecast: What Size Will It Reach By 2029?
Significant expansion is anticipated in the airport operations market in the coming years, with predictions for it to reach $10.51 billion by 2029, reflecting a compound annual growth rate (CAGR) of 10.0%. Factors contributing to this projected growth include the increased use of smart technologies for improving operational efficiency, the rise in passenger numbers, an expanding e-commerce sector driving up air cargo demand, increased investment in the modernisation of airport infrastructure, and the growth of low-cost carriers making air travel more accessible. Forecasts for the coming period also reflect major trends such as the use of biometric authentication to streamline passenger processing, the application of AI to anticipate maintenance needs for both aircraft and infrastructure, the introduction of smart baggage tracking systems enabled by IoT, the use of advanced air traffic management systems to optimise efficiency, and the adoption of blockchain for secure data and cargo tracking.
Explore The Complete Report Now:
https://www.thebusinessresearchcompany.com/report/airport-operations-global-market-report
What Are the Strategic Drivers Boosting Airport Operations Market Performance?
The airport operations market is predicted to be driven by the escalating passenger traffic. This traffic includes individuals traveling via air, land, or sea, and it's quantified by the number of passengers transported within a specific time frame. Factors contributing to this increase include economic expansion, elevated demand for travel, affordable air travel rates, and heightened connectivity. This surge in traffic demands efficient airport operations to accommodate the increased need for services like check-ins, security, baggage handling, and broader infrastructure use. For example, the Airports Council International (ACI), a Canadian airport authority organization, predicted in January 2025 that global passenger traffic would exceed pre-pandemic figures, hitting 9.5 billion in 2024, 12 billion by 2030, and doubling to 19.5 billion by 2042 relative to 2024 numbers. Thus, the uptrend in passenger traffic is fueling the expansion of the airport operations market.
Get Free Sample Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=21389&type=smp
What Are the High-Growth Segments in the Airport Operations Market?
The airport operations market covered in this report is segmented -
1) By Platform: Hardware, Software, Service
2) By Airport Operation: Terminal Infrastructure Maintenance And Upgrade, Passenger Screening, Catering And Quick Service Restaurants, Smart Technologies, Baggage Screening, Aircraft Maintenance, Repair, And Overhaul
3) By Airport Size: Class A, Class B, Class C, Class D
4) By Airport Category: Commercial Service Airports, Cargo Service Airports, Reliever Airports, General Aviation Airports
Subsegments:
1) By Hardware: Air Traffic Control Systems, Baggage Handling Systems, Security Screening Equipment, Passenger Boarding Bridges, Ground Support Equipment
2) By Software: Airport Management Software, Flight Information Display Systems (FIDS), Passenger Processing Systems, Airport Security And Surveillance Software, Air Traffic Management Software
3) By Service: Maintenance And Repair Services, Airport Security Services, Ground Handling Services, IT And Consulting Services, Passenger Assistance Services
Which Global Trends Are Driving Airport Operations Market Expansion?
Leading firms in the airport operations industry are giving high importance to technological innovations such as the incorporation of artificial intelligence (AI), aiming to boost efficiency, simplify functions, and upgrade passenger traffic. The AI technology replicates human cognitive processes, providing the machines with learning, reasoning, and decision-making abilities. For example, GMR Airports Limited, an Indian construction enterprise, introduced an AI-driven digital twin platform at Rajiv Gandhi International Airport in Hyderabad in December 2024. This platform amalgamates real-time data from airside, landside, and terminal operations into a single system, harnessing cutting-edge technologies like AI, real-time analytics, and IoT. Its goal is to enhance decision-making effectiveness, simplify airport functions, and improve passenger experience by easing rush, reducing delays, and heightening security.
Customize Your Insights And Get The Full Report Here:
https://www.thebusinessresearchcompany.com/customise?id=21389&type=smp
Who Are the Fastest-Growing Companies in the Airport Operations Industry?
Major companies operating in the airport operations market are Siemens AG, Honeywell International Inc., Collins Aerospace, Thales S.A., Adani Enterprises Limited, AECOM Technology Corporation, Envoy Air Inc., Amadeus IT Group SA, Aena S.M.E. S.A., Daifuku Co. Ltd., Fraport AG, SABRE GLBL INC., Royal Schiphol Group N.V., Société Internationale de Télécommunications Aéronautiques SC., Flughafen Zürich AG, Fluke Corporation, TAV Airports Holding A.S., Changi Airport Group (Singapore) Pte. Ltd., ADELTE GROUP S.L, Das Handling LTD, GMR Airports Limited, AviAlliance GmbH, The Manchester Airports Group plc.
What Is the Regional Outlook for the Airport Operations Market by 2029?
North America was the largest region in the airport operations market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the airport operations market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Speak With Our Expert:
Saumya Sahay,
Americas: +1 310-496-7795,
Asia: +44 7882 955267 & +91 8897263534,
Europe: +44 7882 955267,
Email: saumyas@tbrc.info
The Business Research Company - www.thebusinessresearchcompany.com
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Airport Operations Market to Grow at 10% CAGR, Reaching $10.51 Billion by 2029 here
News-ID: 4256880 • Views: …
More Releases from The Business Research Company
Autonomous Mobile Robots Market Overview, Key Trends, and Insights on Leading Co …
The autonomous mobile robots market is positioned for remarkable expansion in the coming years, driven by numerous technological and industry-wide shifts. As these intelligent machines become more integrated across various sectors, their capabilities and applications are evolving rapidly, setting the stage for substantial market growth. Below is a detailed overview of the market's size, influential players, emerging trends, and key segments shaping this dynamic landscape.
Projected Market Growth and Size of…
Leading Companies Reinforcing Their Presence in the Electric Motor and Generator …
The electric motor and generator industry is poised for consistent expansion, driven by technological advancements and increasing demand across various sectors. As the world shifts toward greener energy solutions and smarter infrastructure, this market shows promising potential for growth and innovation in the coming years.
Electric Motor and Generator Market Size Forecast Through 2029
The market for electric motors and generators is projected to grow steadily, reaching a value of…
Leading Companies Spearheading Innovation and Growth in the Corn Wet-Milling Mar …
The corn wet-milling market is on track for significant expansion in the coming years as evolving consumer preferences and technological advancements reshape the industry landscape. This growth will be driven by rising demand for natural and clean-label ingredients, as well as innovations in product development. Below is a detailed overview of the market size, key players, emerging trends, and segmentation insights that define this dynamic sector.
Projected Market Size and Growth…
Key Strategic Developments and Emerging Changes Shaping the Transport Market Lan …
The transport industry is set for considerable expansion over the coming years, driven by several global economic and technological factors. As urban areas grow and environmental priorities shift, this sector is adapting rapidly to meet new demands and opportunities. Let's explore how the transport market is expected to evolve, the key players involved, emerging trends, and the major segments shaping its future.
Projected Growth and Scale of the Transport Market …
More Releases for Air
Thermoelectric Assemblies Market, By Type (Air to Air, Direct to Air, Liquid to …
The thermoelectric assemblies market is expected to witness market growth at a rate of 8.25% in the forecast period of 2021 to 2028. Data Bridge Market Research report on thermoelectric assemblies market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in the application of thermoelectric assemblies in the food and beverage industry…
Air Ambulance Market 2019 Global Analysis By Key Players – EMA Global , Native …
WiseGuyReports.Com Publish a New Market Research Report On –“ Air Ambulance Market 2019 Global Analysis By Key Players – EMA Global , Native American Air Ambulance, Air Medical Group, REVA Air Ambulance, PHI Air Medical ”.
Air Ambulance Industry 2019
Description:-
Air Ambulance is also known as helicopter emergency medical service, it refers to the aircraft specially adapted for carrying patients with critical condition and serious injury after permanent professional medical…
Air Ambulance Services Market 2019 AMR PHI Air Medical Scandinavian Air Ambulanc …
Air medical services is a comprehensive term covering the use of air transportation, airplane or helicopter, to move patients to and from healthcare facilities and accident scenes. Personnel provide comprehensive prehospital and emergency and critical care to all types of patients during aeromedical evacuation or rescue operations aboard helicopter and propeller aircraft or jet aircraft.
Request a Sample of this Report @ http://www.orbisresearch.com/contacts/request-sample/2398576 …
Air Ambulance Services Market 2026: Air Methods Corporation, Deccan Charters, Sc …
Coherent Market Insights has announced the addition of the “Air Ambulance Services Market Size Status and Forecast 2026”, The report classifies the global Air Ambulance Services Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
Publisher’s Air Ambulance Services market research report provides the newest industry data and industry future trends, allowing you to identify the products and…
Air Ambulance Services Market Growth, & Key Business Strategies by Leading Indus …
Coherent Market Insights has announced the addition of the “Air Ambulance Services Market Size Status and Forecast 2026”, The report classifies the global Air Ambulance Services Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
This report studies the global Air Ambulance Services Speaker market, analyzes and researches the Air Ambulance Services Speaker development status and forecast in…
Air Ambulance Services Market Analysis Report, Regional Outlook with Key Players …
Coherent Market Insights has announced the addition of the “Air Ambulance Services Market Size Status and Forecast 2026”, The report classifies the global Air Ambulance Services Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.
This report studies the global Air Ambulance ServicesSpeaker market, analyzes and researches the Air Ambulance Services Speaker development status and forecast in North…
