Latest News- Airport Handling Services Market: International is expected to lead the Type segment during 2025-2029

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 a substantial amount of ground support equipment to deliver various services to airlines. This equipment, which can include tugs, belt loaders, and passenger stairs, is typically leased or owned by the ground handlers and stored at airport terminals. However, there may be instances where the quantity of equipment on-site exceeds the current demand, resulting in unnecessary costs for the companies. To mitigate this issue, airlines, airports, and ground handlers are collaborating to enhance airport operations' efficiency through the implementation of collective pooling of airside equipment. This approach allows for the sharing of resources, reducing the overall need for excess inventory and minimizing costs. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Type
  • International
  • Domestic
• Service
  • GSHS
  • CHS
• Geography
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • Europe
    • Germany
    • UK
    • France
  • North America
    • Canada
    • US
  • Middle East and Africa
  • South America

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increasing infrastructure developments in aviation industry
• Growing demand for outsourced ground handling services
• Rise in the number of airline passengers

However, the market also witnesses some limitations, which are as follows:

• Accidents and aircraft damages at airports due to human error
• High market intensity leading to price cuts
• Increasing number of HSR projects

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Market Scope in Airport Handling Services Market Research Report

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Research Analysis Overview

The Airport Handling Services Market encompasses ground handling services such as ramp handling, marshaling, and servicing, as well as catering and aircraft cleaning. Key players include Celebi Aviation and Nimbus Gateway. Airports, with increasing passenger traffic and aircraft movements, require ground support systems for efficient operations. Privatization of airports and focus on reducing carbon footprint drive the adoption of automation systems. Airlines, passengers, aircraft, and cargo all benefit from these essential services.

Market Research Overview

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 handling and movement of aircraft, tracking of goods in transit, and customs agents. According to Technavio, the market's size is determined by the revenues generated by these providers. Factors driving growth in this sector include the surge in cross-border e-commerce activities, where customers purchase goods from foreign sources, necessitating efficient and reliable aircraft handling and logistics services.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
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