Austin, TX, USA, April 24, 2023 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled Airport Operations Market Size, Trends and Insights By Operation Type (Baggage Screening, Catering and QSR, Passenger Screening, Terminal Infrastructure Maintenance Upgrade, Smart Technologies, Aircraft MRO, Others), By Airport Size (Class A, Class B, Class C, Class D), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2022–2030 in its research database.

“According to the latest research study, the demand of global Airport Operations Market size & share was valued at approximately USD 8.34 Billion in 2022 and is expected to reach USD 9.1 billion in 2023 and is expected to reach a value of around USD 13.5 Billion by 2030, at a compound annual growth rate (CAGR) of about 6.5% during the forecast period 2022 to 2030.”

CMI research report offers a 360-degree view of the Airport Operations market’s drivers and restraints, coupled with the impact they have on demand during the projection period. Also, the report examines global opportunities and competitive analysis for the Airport Operations market.

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Airport Operations Market: Overview

Companies that manage domestic, foreign, civil, and public airports or flying regions make up the airport industry. The industry can monitor and identify numerous components in a novel, elegant, and secure way thanks to airport operations’ distributed data network, enhancing maintenance capabilities and preventing forgeries.

Diverse technologies provide strong security with tamper-resistant data and encoded product information. This includes airport managers, except those offering to park, renting out hangar space, air traffic control, baggage handling, cargo handling, and other amenities. A fixed-base operator typically manages the services. TSA, gateway operations, and customer service are just a few of the services that make an airport work more efficiently.

(A free sample of the Airport Operations report is available upon request; please contact us for more information.)


Our Free Sample Report Consists of the following:

(Please note that the sample of the Airport Operations report has been modified to include the COVID-19 impact study prior to delivery.)

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Growth Factors

The airport operations market is increasing as a result of rising consumer demand for modern airport operations and the rising use of smartphones and other smart devices. Typically, an airport’s administration ensures smooth operations. Effective airport management results in shorter wait times and better amenities. Typically, an airport’s administration ensures smooth operations. Additionally, IoT integration into airport operations is predicted to grow the market for airport operations globally by improving the productivity and transparency of the supply chain. Additionally, the adoption of total airport management (TAM) technology to control aviation traffic will create new market opportunities.

An increase in the number of airports and a rising desire for digital transformation at airports is now driving the expansion of the airport operations market. The Central Intelligence Agency estimates that there are about 41,700 airports worldwide. Along with this, there is an increase in smart airport transformation, which has led to significant internal changes in management systems, including appropriate airport management systems, advanced passenger screening, security measures, and other developments. Processes and services must be updated to provide passengers and customers with a better airport experience.

The seamless integration of systems and services, including those provided by partners like airlines, security, customs, concessions, and ground handlers, is another benefit of such conversions.

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Segmental Overview

The airport operations market is bifurcated by the operation type and airport class. Baggage screening will dominate this market over the forecast period based on operation type. Important airports are working on reducing the time passengers must wait at checkpoints while upholding a high degree of security.

Airports are improving the screening of checked luggage by implementing cutting-edge technologies. Rising air passenger volumes and risks to international security are the primary drivers of the demand for sophisticated baggage screening technologies. New laws passed by regulatory organizations for airports compel airports to install cutting-edge technology that can identify a variety of dangerous items and substances in order to stop terrorism and the transfer of prohibited materials.

During the projected period, the class B segment will lead the market in terms of airport size. The surge in passenger traffic from smaller cities has significantly impacted airports’ desires to expand and modernize their facilities.

Key questions answered in this report:

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Regional Overview

Significant companies like IBM Corporation, Collins Aerospace, Raytheon Technologies Company, and other crucial players are expected to cause North America to witness a high CAGR in the market during the research period. The rising demand for digital management at airports is causing the industry in the US to grow. North America has seen the most development. The rising use of technology by airports and airlines is one of the key elements impacting the development of this field. Major airports and market participants must participate for the local airport operations market to expand.

Report Scope

Feature of the ReportDetails
Market Size in 2021USD 7.7 Billion
Projected Market Size in 2030USD 13.5 Billion
Market Size in 2022USD 8.34 Billion
CAGR Growth Rate6.5% CAGR
Base Year2021
Forecast Period2022-2030
Key SegmentBy Operation Type, Airport Size, and Region
Report CoverageRevenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional ScopeNorth America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying OptionsRequest tailored purchasing options to fulfil your requirements for research.

Competitive Landscape/ Key Players Insights

Our market analysis includes a section specifically devoted to key players operating in the Airport Operations Market. Our analysts give an overview of each player’s financial statements, along with product benchmarking and SWOT analysis. The competitive landscape section includes key development strategies, market share analysis, and market positioning analysis of the mentioned competitors globally.

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Browse the full “Airport Operations Market Size, Trends and Insights By Operation Type (Baggage Screening, Catering and QSR, Passenger Screening, Terminal Infrastructure Maintenance Upgrade, Smart Technologies, Aircraft MRO, Others), By Airport Size (Class A, Class B, Class C, Class D), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2022–2030” Report at https://www.custommarketinsights.com/report/airport-operations-market/

Some of the prominent players

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The global Airport Operations market is segmented as follows:

By Operation Type

By Airport Size

By Platform

By Airport Category

By Airport Class 

By Operation

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By Region

North America

Europe

Asia Pacific

The Middle East & Africa

Latin America

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This Airport Operations Market Research/Analysis Report Contains Answers to the following Questions.

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