The Airport Handling Services Market is being driven by Increasing infrastructure developments in aviation industry
The Airport Handling Services Market is expected to grow at a CAGR of 7.5% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 71.1 billion. Ground handling companies at airports require an array of ground support equipment to deliver various services, which are often leased or owned and stored at terminal facilities. However, there may be instances where the quantity of equipment on-site exceeds the current demand, resulting in unnecessary costs for businesses. To mitigate these expenses and enhance operational efficiency, stakeholders, including airlines, airports, and ground handlers, are implementing initiatives. One such approach is the collective pooling of airside equipment at airports, enabling more effective and cost-efficient utilization of resources.
Get more information on Airport Handling Services Market by requesting a sample report
The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
Rich Experience: 20+ years leading global market research, trusted insights across industries.
Unlock Business Potential with Technavio: Maximize ROI with Technavio's tailored market research: deep dives and actionable insights.
Your Guide to Market Success: Empower your business with Technavio's market research and future-proof your decisions.
|
Market Scope |
|
|
Report Coverage |
Details |
|
Page number |
198 |
|
Base year |
2024 |
|
Historic period |
2019-2023 |
|
Forecast period |
2025-2029 |
|
Growth momentum & CAGR |
Accelerate at a CAGR of 7.5% |
|
Market growth 2025-2029 |
USD 71.1 billion |
|
Market structure |
market_structure.ucfirst |
|
YoY growth 2024-2025(%) |
6.8 |
|
Key countries |
US, China, Japan, India, UK, South Korea, Germany, Canada, France, and Australia |
|
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Find out which segment is leading the market by accessing the free PDF report
The Airport Handling Services Market encompasses Ground Handling and Ramp Handling services, including Nimbus Gateway and Celebi Aviation. These services cater to Passenger Traffic and Aircraft Movements at Airport Terminals, utilizing Ground Support Systems. Privatization of Airports drives market growth, while addressing Carbon Footprint through Automation Systems. Services include Cargo Handling, Aircraft Servicing, Fueling, Maintenance Support, and Passenger Services. Airside Equipment, Baggage Handling, Ramp Operations, and Safety Protocols ensure Operational Efficiency and Infrastructure Upgrades in Aviation Logistics.
The global air freight and logistics market encompasses the revenue generated by businesses offering air freight transportation, courier services, and logistics solutions, which involve the tracking and management of goods from origin to destination. According to Technavio's market analysis, the market's size is determined by the revenue earned by providers of air freight and logistics services. Key growth drivers for this market include the surge in cross-border e-commerce activities, where consumers purchase goods from foreign sources, leading to an increase in aircraft handling and movements.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
Safe and Secure SSL Encrypted
One user only.
Quick & easy download option
Unlimited user access (Within your organization).
Complimentary Customization Included
*For Enterprise license, go to checkout page
Get the report (PDF) sent to your email within minutes.
