The latest research study “Airport Terminal Operations Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” the global airport terminal operations market size reached US$ 5.08 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 9.38 Billion by 2027, exhibiting a growth rate (CAGR) of 10.60% during 2022-2027.
Airport terminal operations represent the processes that are specifically designed to maintain parking facilities, ensure a streamlined flow of passengers, regulate vehicular traffic circular drives, etc. In line with this, they include baggage and passenger screening, terminal infrastructure maintenance, aircraft maintenance, repair and overhaul (MRO), etc. Airport terminal operations move the flow of passengers and their luggage efficiently to fulfill the requirements of airline operators. They focus on staff management, loading and unloading passengers, resource allocation, aircraft service, cargo handling, etc. Airport terminal operations also coordinate responses to airside accidents, incidents, and emergencies, allocate aircraft parking and escorts, conduct runaway and taxiway inspections, police airside driving, etc.
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Airport Terminal Operations Market Trends and Drivers:
The expanding aviation industry across the globe and the escalating demand for efficient services to manage passengers, aircraft, and baggage on time, owing to the rising air traffic, are among the primary factors driving the airport terminal operations market. Besides this, the inflating need for luggage screens to enhance efficiency and prevent airline delays is further augmenting the market growth. Moreover, the growing popularity of Artificial Intelligence (AI)-powered and self-service kiosks and robots at modern airport terminals that help in improving service offerings is also catalyzing the global market. Apart from this, the widespread adoption of advanced screening systems for preventing smuggling and detecting dangerous goods is acting as another significant growth-inducing factor. Additionally, the increasing integration of Blockchain technologies that provide secure identity verification and real-time luggage tracking and improve cargo delivery performance is expected to bolster the airport terminal operations market in the coming years.
Airport Terminal Operations Market Report Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Agilent Technologies Inc., Amadeus IT Group S.A., Beumer Group GmbH & Co. KG, C.E.I.A. SpA (Ceia Di Manneschi Giovanni & Benedetti Rosanna Sapa), Honeywell International Inc., Robert Bosch GmbH (Robert Bosch Stiftung GmbH), Siemens AG, SITA, Smiths Group plc and TAV Technologies.
The report has been segmented the market into following categories:
Breakup by Operation Type:
- Terminal Infrastructure Maintenance and Upgrade
- Passenger Screening
- Catering and QSR
- Baggage Screening
- Aircraft MRO
Breakup by Airport Category:
- Class A
- Class B
- Class C
- Class D
- Class E
Breakup by Technology:
- Passenger Screening
- Baggage Scanners
- 5G Infrastructure
- E-Kiosk
- Others
By Geography:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
Key highlights of the report:
- Market Performance
- Market Outlook
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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