Press release
Leveraging AI-Driven Innovations For Enhanced Airport Efficiency Trend: A Crucial Influence on the Airport Operations Market's Transformation in 2025
What industry-specific factors are fueling the growth of the airport operations market?The surge in people traveling is predicted to cause a boom in the airport operations market. This refers to the flux of individuals using various transportation modes such as air, land, or sea, quantified by counting the number of travelers during a particular duration. This influx is attributed to factors like economic expansion, enhanced travel requirements, cheap air prices, and better links. The increase in passenger movement warrants effective airport procedures to accommodate an amplified demand for facilities like registrations, security checks, luggage management, and the overall use of infrastructure. For example, the Airports Council International (ACI), an organization of airport authorities based in Canada, expects the global passenger movement in January 2025 to exceed the levels seen prior to the pandemic, hitting 9.5 billion in 2024, over 12 billion by 2030, and escalating drastically to 19.5 billion by 2042 compared to figures from 2024. As a result, the escalating passenger movement is a key contributor to the expansion of the airport operations market.
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What Is the projected market size and growth rate for the airport operations market?
In recent years, the market size of airport operations has experienced swift growth. Predictions show that it will increase from $6.53 billion in 2024 to $7.21 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 10.4%. The expansion in the historical period can be associated with the rise in demand for global air travel, growth in airline fleet sizes, enhancements in international trade and cargo, airport infrastructure enlargement, government investments in upgrading airports, and the emergence of low-cost carriers contributing to the increased passenger volumes.
Expectations are high for the airport operations market size to experience swift growth in the forthcoming years. The market is slated to increase to a sizeable $10.62 billion in 2029, boasting a compound annual growth rate (CAGR) of 10.2%. Factors contributing to growth during the expected period include a greater use of intelligent technology to increase operational efficiency, a surge in passenger traffic, expansion of e-commerce driving a higher demand for air cargo, growing investments in refurbishing airport infrastructure, and an increase in cost-effective carriers improving air travel accessibility. Key trends to watch out for in this period comprise of the use of biometric authentication for passenger processing, AI-facilitated proactive maintenance for aircraft and infrastructure, installation of IoT-assisted smart baggage tracking systems, launch of improved air traffic control systems for superior efficiency, and the adoption of blockchain for safe data exchange and cargo tracking.
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What new trends are reshaping the airport operations market and its opportunities?
Top firms in the airport operations sector are focusing on technological innovations, particularly the incorporation of artificial intelligence (AI), to boost efficiency, smoothen operations, and better passenger traffic. AI simulates human intelligence in machines, allowing them to learn, reason, and choose. For example, GMR Airports Limited, a construction firm from India, initiated an AI-enabled digital twin platform at Rajiv Gandhi International Airport in Hyderabad in December 2024. This platform consolidates real-time data from airside, landside, and terminal operations into a singular system, making use of advanced technologies like AI, real-time analytics, and IoT. It aims to enhance decision-making, smooth out airport operations, and improve the passenger experience by managing congestion, limiting delays, and strengthening security.
What major market segments define the scope and growth of the airport operations market?
The airport operations market covered in this report is segmented -
1) By Platform: Hardware, Software, Service
2) By Airport Operation: Terminal Infrastructure Maintenance And Upgrade, Passenger Screening, Catering And Quick Service Restaurants, Smart Technologies, Baggage Screening, Aircraft Maintenance, Repair, And Overhaul
3) By Airport Size: Class A, Class B, Class C, Class D
4) By Airport Category: Commercial Service Airports, Cargo Service Airports, Reliever Airports, General Aviation Airports
Subsegments:
1) By Hardware: Air Traffic Control Systems, Baggage Handling Systems, Security Screening Equipment, Passenger Boarding Bridges, Ground Support Equipment
2) By Software: Airport Management Software, Flight Information Display Systems (FIDS), Passenger Processing Systems, Airport Security And Surveillance Software, Air Traffic Management Software
3) By Service: Maintenance And Repair Services, Airport Security Services, Ground Handling Services, IT And Consulting Services, Passenger Assistance Services
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Which region dominates the airport operations market?
North America was the largest region in the airport operations market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the airport operations market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the airport operations industry growth?
Major companies operating in the airport operations market are Siemens AG, Honeywell International Inc., Collins Aerospace, Thales S.A., Adani Enterprises Limited, AECOM Technology Corporation, Envoy Air Inc., Amadeus IT Group SA, Aena S.M.E. S.A., Daifuku Co. Ltd., Fraport AG, SABRE GLBL INC., Royal Schiphol Group N.V., Société Internationale de Télécommunications Aéronautiques SC., Flughafen Zürich AG, Fluke Corporation, TAV Airports Holding A.S., Changi Airport Group (Singapore) Pte. Ltd., ADELTE GROUP S.L, Das Handling LTD, GMR Airports Limited, AviAlliance GmbH, The Manchester Airports Group plc.
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What Is Covered In The Airport Operations Global Market Report?
•Market Size Forecast: Examine the airport operations market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the airport operations market for a structured understanding.
•Key Players Overview: Analyze major players in the airport operations market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the airport operations market.
•Segment Contributions: Evaluate how different segments drive overall growth in the airport operations market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the airport operations market.
•Industry Challenges: Identify potential risks and obstacles affecting the airport operations market.
•Competitive Landscape: Review strategic developments in the airport operations market, including expansions, agreements, and new product launches.
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