Airport Operations Market

Global Airport Operations Market is valued at USD 7438.5 Million in 2021 and is expected to reach USD 11559.3 Million by 2028 with a CAGR of 6.5% over the forecast period. 

Global Airport Operations Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2021-2028- Growing adoption of new technologies couples with the rising passenger traffic globally, and increasing government initiatives for modern airport infrastructure are the major driving factors for the growth of Global Airport Operations Market.

Scope of Global Airport Operations Market Report:-

All the processes involved in the airport for customers for a smooth & seamless travel experience are known as the airport operations. These operations include landside operations, airside operations, billing and invoicing operations, information management, and others. These airport operations require a lot of operators to take care of every operation. As every part of an airport’s entire operational life makes a significant impact on the airport experience of any passenger and it has an impact beyond the airport community that's why these airport operations are so important. 

Covid-19 has shown slight negative impact on global airport operations market at initial stage owing to lockdown restrictions imposed by all nation’s government around the world. Due to which, travels bans were there and as airport operations relies on air travel revenue, pandemic was halted the airport operations industry. All necessary equipment demand was disrupted due to supply chain & transportation disruptions. Although, post Covid-19 situation has increased the demand for smart equipment used for passengers’ safety and the demand for smart airport operations has increased. It has supported the further market growth. 

Global Airport Operations Market Segmentation:-

Global airport operations market is segmented into operation area, airport category, technology and region. On the basis of operation areas, the market is segmented into ground operations, airside operations, billing and invoicing, information management areas and others. On the basis of airport category, the market is segmented into class A, class B, class C, class D, and class E. On the basis technology the market is segmented into passenger screening, baggage scanners, 5G infrastructure, E-Kiosk, and others. 

By Operation Area: 

• Ground Operations 
• Airside Operations 
• Billing and Invoicing 
• Information Management Areas 
• Others

By Airport Category 

• Class A 
• Class B 
• Class C 
• Class D 
• Class E 

By Technology 

• Passenger Screening 
• Baggage Scanners 
• 5G Infrastructure 
• E-Kiosk 
• Others 

Key Players for Global Airport Operations Market Report:-

Some of the key players for Global Airport Operations Market are such as

• Honeywell International Inc.
• Siemens AG
• Amadeus IT Group
• Rockwell Collins Inc.
• IBM Corporation
• Cisco Systems Inc.
• Inform GmbH
• Sita, Daifuku Co. Ltd.
• Qinetiq
• Others

Recent Developments

News- LLA Automates Airport Operations with SITA Technology. 

On February 28th, 2022; London Luton Airport (LLA) in U.K. has announced that it has implemented SITA’s Airport Management Solution to modernize its day-to-day operations at the airport. Further LLA added that with this technology it has automated its daily routines at the airport including aircraft bus schedules & weekly aircraft stand planning.

Brussels South Charleroi Airport and EMMA Systems Collaborated to Implement an Airport Operations Management Platform. 

On November 9th, 2021; Belgium’s second largest airport Brussels South Charleroi Airport agreed to collaborate with EMMA System’s platform. The main aim of this collaboration is to jointly configure, test & commission an airport operations management platform at BSCA.

Global Airport Operations Market Dynamics- 

Currently, with increasing number of airports and growing demand of digital transformation at airport, are driving the market growth. According to Central Intelligence Agency, there are over 41,700 airports all over the world. Along with this there is increasing smart transformation of airports, which has raised the massive changes in management systems of airports internally which includes the proper airport management systems, smart passenger screening, security solutions and other advancements. It is about evolving processes and services to deliver a better experience for passengers and customers at airport. Moreover, such transformations allow for both a seamless customer experience in the airport and a seamless integration of systems & services, including partners such as airlines, security, customs, concessions and ground handlers. This has raised the demand for airport management systems which are associated with the airport operations. This is boosting the growth of the market.

In addition, with increasing number of government initiatives for aviation sectors, the upgradation and modernization of infrastructure & its efficient use have a critical importance. For example; Indian Government is separately developing a policy framework for the entire civil aviation sector, this policy relates to use and development of airport infrastructure. The Policy on Airport Infrastructure should always be read along with the National Policy on Civil Aviation. Thus, many associations are focusing on airport digitalization and further improving the airport operations. Foe example; on July 22nd, 2021; an association of the world's airports Council International (ACI) World launched comprehensive guidance to help airport executives approach digital transformation as the industry enters a post-pandemic environment. This is also supporting the growth of airport operations market growth.

However, stringent government regulations, ongoing Covid-19 situation, which has led to travel bans across the globe which severely impacted the operations of airports & support staff may limit the market growth. In spite of that, technological advancements in the field of software systems, screening procedures, security aspects may offer more growth opportunities to the market. 

Global Airport Operations Market Regional Analysis- 

Globally, North America is at forefront of airport operations market. This is due to surge in number of airports in the region, strategic uptake of vendors, and recommendations for airport operations market considering the current update into the region. In terms of number of airports, there are about approximately 13,000 airports are there in United States alone and in terms of airport operations also United States is at important pace as there are many small & medium companies. For example; on April 13th, 2022; The Kentucky-based Louisville Muhammad Ali International Airport (SDF) has announced that it has redesigned their security operations center (SOC) to reflect the technology & security strategies necessary to protect the passengers & cargo that travel through its facilities. This SDF is ranked third in the United States. It is driving the growth of the market into the region.

On Special Requirement Airport Operations Market Report is also available for below Regions and Countries:

North America

• U.S.
• Canada

Europe

• Germany
• France
• U.K.
• Italy
• Spain
• Sweden
• Netherland
• Turkey
• Switzerland
• Belgium
• Rest of Europe

Asia-Pacific

• South Korea
• Japan
• China
• India
• Australia
• Philippines
• Singapore
• Malaysia
• Thailand
• Indonesia
• Rest Of APAC

Latin America

• Mexico
• Colombia
• Brazil
• Argentina
• Peru
• Rest of South America

Middle East and Africa

• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest Of MEA

Report Analysis	Details
Historical data	2018 - 2021
Forecast Period	2021 - 2028
Market Size in 2020:	USD 7438.5 Million
Base year considered	2020
Forecast Period CAGR %:	6.5%
Market Size Expected in 2027:	USD 11559.3 Million
Tables, Charts & Figures:	175
Pages	200
Key Players/Companies	Honeywell International Inc., Siemens AG, Amadeus IT Group, Rockwell Collins Inc., IBM Corporation, Cisco Systems Inc., Inform GmbH, Sita, Daifuku Co. Ltd., Qinetiq, and others.
Segments Covered	By Operation Area, By Airport Category, By Technology
Regional Analysis	North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa

Key Benefits of Global Airport Operations Market Report:-

• Global Airport Operations Market report covers in-depth historical and forecasts analysis. 
• Global Airport Operations Market research report provides detailed information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, and Regional and Country Level. 
• Global Airport Operations Market report helps to identify opportunities in the marketplace. 
• Global Airport Operations Market report covers extensive analysis of emerging trends and the competitive landscape.