Press release
Airside Services Market Size Projected To Reach $7.74 Billion By 2034 With A Cagr Of 9.7%
Airside Services
What Is the Projected Growth of the Airside Services Market?
The Airside Services Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Projected Growth of the Airside Services Market?
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What Are the Different Airside Services Market Segments?
The airside services market covered in this report is segmented -
1) By Platform: Hardware, Software, Services
2) By Service: Ramp Handling, Ground Handling, Aircraft Maintenance, Fuel And Oil Handling, Traffic Control, Other Services
3) By Airport Class: Class A, Class B, Class C, Class D
4) By Application: Commercial Airports, Military Airports
Subsegments:
1) By Hardware: Ground Support Equipment (GSE), Baggage Handling Systems, Fueling Systems, Aircraft Towing Equipment
2) By Software: Air Traffic Management Software, Flight Operations Software, Maintenance Management Systems, Resource Allocation Software
3) By Services: Ground Handling Services, Ramp Services, Passenger Services, Cargo Handling Services
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What Are the Primary Drivers Shaping the Airside Services Market?
The expansion of the commercial aviation sector is set to stimulate the development of the airside services market in the future. This industry involves the use of aircraft for commercial uses, predominantly for the transportation of people and goods in return for financial gain. The critical role of airside services in ensuring the safe, efficient and punctual operation of aircraft for the commercial aviation sector cannot be overstated. These services facilitate the entire process of passenger and cargo transport at the ground level of the airport. To illustrate, the Bureau of Transportation Statistics - a US government agency - reported in March 2023 that American airlines oversaw the transportation of an additional 194 million passengers compared to the previous year in 2022, marking an annual increase of 30%. Moreover, throughout 2022, US airlines serviced 853 million passengers (unadjusted), a considerable rise from the 658 million in 2021 and 388 million in 2020. Consequently, the ascent of the commercial aviation industry is indeed fuelling the expansion of the airside services market.
Which Companies Are Leading in the Airside Services Market?
Major companies operating in the airside services market include United Aviation Services, Honeywell International Inc., Aeromexico Servicios, Acciona S.A., Worldwide Flight Services (WFS), Dnata, Aviapartner Holding NV, BBA Aviation plc, Singapore Airport Terminal Services Ltd, DAL Global Services LLC, Menzies Aviation Limited, John Menzies Plc., SATS Ltd., PrimeFlight Aviation Services, Flughafen München GmbH, Saudi Ground Services Company, NAS Airport Services Limited, Celebi Aviation Holding, Aviator Airport Alliance AB, Sky Handling Partner, JetEx Flight Support, Aircraft Service International Group Inc., Transworld Aviation FZE, Universal Aviation Corporation, SAS Ground Handling, Aloha Group, Alitalia Airlines, Servisair, Aero Ground Handling (AGH).
What Are the Major Trends Shaping the Airside Services Market?
Technological enhancements are emerging as a significant trend in the airside services industry. To maintain their market standing, key corporations in this sector are embracing innovative technologies. Honeywell International Inc., a tech and manufacturing corporation based in the US, exemplifies this trend. In May 2023, Honeywell introduced an improved offering of airside solutions, featuring the NAVITAS Smart Visual Docking system and an all-in-one ramp management system. The amalgamation of a comprehensive ramp management system and secure airfield solutions enhance arrival readiness, buttress the docking process, and streamline departure management. The Smart Visual Docking system contributes to more precise and informed gate management decisions. These initiatives promote better gate operations and increase situation awareness for pilots and airside operations crew, subsequently reducing aircraft turnaround times.
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What Are the Top Revenue-Generating Geographies in the Airside Services Market?
North America was the largest region in the airside services market in 2024. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the airside services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Airside Services Market?
2. What is the CAGR expected in the Airside Services Market?
3. What Are the Key Innovations Transforming the Airside Services Industry?
4. Which Region Is Leading the Airside Services Market?
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