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Rising Demand for US Airport Non-Aeronautical Revenue Market Key Players, Growth Analysis during 2022-2028

04-12-2022 08:13 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Reports

The US airport non-aeronautical revenue market is anticipated to grow at a CAGR of 6.8% during the forecast period (2022-2028). Growing passenger traffic is key factors contributing to the non-aeronautical revenue market in the US. Company's are investing in food & beverage, rental services, and other services to capture audience at airport. Sale of consumer goods or services to the public under an agreement with an airport has increased outreach of brands and products. In the United States, there has recently been a greater emphasis on airport resilience through land-use diversity.

Airports can enhance their control and engagement in operations while also keeping more of the revenue generated. These services include baggage handling systems, which are typically managed by a consortium of airlines; ground handling and fueling, which are typically hired by airlines; and, on occasion, these services are provided by fixed-base operators. Another possibility is the operation of a jet bridge.

Some major players in the market are Airports of Thailand Public Co., Ltd. Corporacion America, Flughafen Zuerich AG, Fraport AG, and VINCI SA, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market.

Awards and Recognition
In March 2022, in the ACI rankings (Airport Council International), which are the global reference in terms of airport service quality, nine of VINCI Airports' airports are ranked among the finest in the world this year.

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Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028

• Segment Covered-
o By Service

• Competitive Landscape- Airports of Thailand Public Co., Ltd. Corporacion America, Flughafen Zuerich AG, Fraport AG, and VINCI SA, among others.

Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

A full report of US Airport Non-Aeronautical Revenue Market is available at:
https://orionmarketreports.com/us-airport-non-aeronautical-revenue-market/97930/

US Airport Non-Aeronautical Revenue Market Report by Segment

By Service
• Concessionaries
• Airport Parking & Car Rental
• Land Rental
• Airport Terminal Rent by Airlines
• Others

Company name: Orion Market Reports
Contact person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404

About us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

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