Press release
Efficiency on the Tarmac : Examining the Airport Ground Handling Market
According to a new report published by Allied Market Research, titled, "Airport Ground Handling Market," The airport ground handling market was valued at $31.8 billion in 2022, and is estimated to reach $76.1 billion by 2032, growing at a CAGR of 9.2% from 2023 to 2032.North America includes the U.S., Canada, and Mexico. The expansion of the airline industry, and the rise in air traffic is expected to drive the growth of the market in the region. According to International Air Transport Association (IATA), North American airlines reported a 130.2% annual traffic rise in 2022 compared to 2021. As more people travel by air, the demand for efficient and reliable ground-handling services increases. Therefore, the surge in air traffic drives the demand for airport ground handling services. Moreover, an increase in demand for air cargo services owing to the rise in e-commerce and international trade activities contributes to the growth of air traffic.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ : https://www.alliedmarketresearch.com/request-sample/5585
The rise in demand for air travel, the expansion of airline fleets, and the surge in demand for air cargo services are expected to drive the growth of the market. Moreover, the U.S. invests in upgrading its airports and modernizing the infrastructure of airports. For instance, in February 2023, the U.S. awarded $1 billion in federal funds for various upgrades to infrastructure including terminals, security screening and baggage systems, access roads, and air traffic control towers. Such developments lead to increased demand for more advanced and efficient ground-handling services which further drive the growth of the market.
The market for airport ground handling in Canada has grown steadily owing to factors such as increased air traffic, a rise in demand for freight transportation, and the need for efficient and cost-effective ground handling services. Moreover, there is a rise in demand for ground handling facilities to provide cargo handling services to airports in Canada. For instance, in March 2022, Air Canada announced the completion of Air Canada Cargo's new cold chain handling facility at the Cargo Facility at Toronto Pearson International Airport.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ : https://www.alliedmarketresearch.com/airport-ground-handling-market/purchase-options
๐๐๐๐๐-๐๐ ๐๐ฆ๐ฉ๐๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ :
The outbreak of COVID-19 led to the disruption of the entire global automotive supply chain, impacting airport ground handling sales. However, post-pandemic, as travel restrictions have eased in some regions, the demand for air travel has started to increase. This has resulted in more flights and passengers served by airports, leading to an increase in the demand for airport ground handling service. Moreover, governments in some regions have provided support to the aviation industry to help it recover from the impacts of the pandemic. This support has helped airport ground handling service providers to remain in business and continue to provide services to their customers.
๐๐๐ ๐ ๐๐๐๐๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐๐ :
By service, the cargo handling segment is anticipated to exhibit significant growth in the near future.
By airport, the international segment is anticipated to exhibit significant growth in the near future.
By provider, the independent segment is anticipated to exhibit significant growth in the near future.
By region, Asia-Pacific is anticipated to register the highest CAGR during the forecast period.
๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ : https://www.alliedmarketresearch.com/purchase-enquiry/5585
๐๐๐๐๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ :
Fraport AG
Qatar Airways
SATS Ltd
Aviapartner
Swissport International AG
The Emirates Group
Flughafen Mรผnchen GmbH
Menzies Aviation Limited
Celebi Aviation
AOT Ground Aviation Services Co., Ltd.
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Web: www.alliedmarketresearch.com
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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