Airport Infrastructure Services Market: Predicted Rapid Growth with Trends, Competition, and Opportunity AnalysisPosted by Kumar on March 15th, 2023 ![]() The global airport infrastructure services market is growing rapidly, thanks to the increasing per capita income of consumers and their improved living standards, as indicated by the TechSci report titled "Airport Infrastructure Services Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027". The market is further expanding due to the lifting of travel restrictions imposed during the COVID-19 pandemic. The availability of low-cost airline operators offering affordable airfares has also contributed to the growth in passenger numbers. Consequently, there is an increased demand for efficient ground services such as quick check-in, baggage handling, and airport security. To meet these demands, market leaders are adopting smart airport technologies that use artificial intelligence to improve the efficiency, safety, and productivity of airport services. Additionally, government initiatives and financial incentives aimed at revamping old airports and constructing new ones have positively impacted the market growth. For example, the US federal government granted USD 20 million for the construction of a new terminal at Pittsburgh International Airport, which will include a new passenger security screening checkpoint, customs area, and other support functions. Browse over XX market data Figures spread through 110 Pages and an in-depth TOC on "GLOBAL AIRPORT INFRASTRUCTURE SERVICES MARKET" - https://www.techsciresearch.com/report/airport-infrastructure-services-market/11751.html The Global airport infrastructure services market comprises segments based on application, type, service type, catering services, competitive landscape, and regional distribution. The aeronautical and non-aeronautical segments are differentiated based on application. The aeronautical services, including aircraft maintenance services, passenger services, and flight tickets, are more profitable and estimated to hold a significant market share. The aircraft maintenance services segment is growing robustly due to the increasing demand for MRO and line maintenance services across the world. The market is bifurcated into International Ports and Domestic Ports by type. The domestic port segment is projected to hold a considerable market share due to increasing passenger traffic in domestic airlines amid pandemic. The demand for domestic flights is increasing due to several factors such as increased development in businesses, rising numbers of jobs in metropolitan cities, growing tourism, and inflating disposable income of consumers. However, the international ports are anticipated to be the fastest-growing segment post-pandemic as worldwide restrictions have been lifted. Based on the service type, the market is segmented into air traffic services, ground facilities, cargo facilities, airport security, and others. The air traffic type is further segmented into area control service, flight information services, air traffic advisory services, alarm services, and others. The ground facilities are divided among ticketing, check-in, baggage handling, lobby management, aircraft boarding, toilet and water servicing, and others. The cargo facilities are further segmented into cargo terminals management, automatic storage and retrieval systems, cargo transport, and others. The airport security is bifurcated between baggage x-rays, metal detecting scans, elevated-risk screening, and others. The global market is segmented based on catering services, including lounges offering, canteen services, and others. Canteen services have led the market in the past and are expected to lead the market in the coming years as they are affordable and easily accessible to travelers. However, lounge services offer some complementary services such as free food, Wi-Fi, and fully stocked bars. To avail such services, travelers must hold specific cards of well-renowned banks. A list of major market players of the global airport infrastructure services market includes:
Customers can also request for 10% free customization on this report.
“Airport Infrastructure Services Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented By Application (Aeronautical & Non-Aeronautical), By Type (International Ports, Domestic Ports), By Service Type (Air Traffic Services, Ground Facilities, Cargo Facilities, Airport Security, Others), By region, Competitive Analysis” has evaluated the future growth potential of Global airport infrastructure services market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global airport infrastructure services market. DOWNLOAD FREE SAMPLE REPORT - https://www.techsciresearch.com/sample-report.aspx?cid=11751 About TechSci Research: TechSci Research is a research-based management consulting firm providing market research and advisory solutions to its customers worldwide, spanning a range of industries. TechSci Research’s core values are value, integrity and insight. Led by a team of dynamic industry experts, TechSci Research provides its customers with high value market research and advisory services that helps them identify new market opportunities, growth engines and innovative ways to capture the market share. As a result, TechSci’s client leads rather than follow market trends. Not bound by legacy, TechSci’s cutting-edge research model leverages its decades of research knowledge and an increased use of technology as engines of innovation to deliver unique research value. Provided as an alternative to traditional market research, TechSci Research reports do not just deliver data and knowledge rather highlights the insights in a more usable and interactive format for its clients. Contact Mr. Ken Mathews 708 Third Avenue, Manhattan, NY, New York – 10017 Tel: +1-646-360-1656 Email: sales@techsciresearch.com Like it? Share it!More by this author
|