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Expanding air travel, growing airport infrastructure development, and increasing emphasis on efficient ground handling services, is expected to drive market expansion in the near future at a CAGR of 7.50% during the forecast period 2023 to 2032

Market Research Future (MRFR) has published on the “Global Airside Services Market” 


that contains information from 2018 to 2032. The airside services market is estimated to register a CAGR of 7.50% during the forecast period of 2023 to 2032.


MRFR recognizes the following companies as the key players in the global airside services market— Aena, Amadeus IT Group SA, Cisco Systems, Inc., Daifuku Co. Ltd, Damarel System International Ltd., Honeywell International Inc., HUAWEI TECHNOLOGIES CO., LTD., IBM, INFORM GMBH, Indra, QinetiQ, Raytheon Technologies Corporation, Siemens, SITA, Teledyne Technologies Incorporated, and Thales


Airside Services Market Highlights


The global airside services market is accounted to register a CAGR of 7.50% during the forecast period and is estimated to reach USD 5.6 Billion by 2032.


The airside services market encompasses a range of ground handling services provided at airports, including baggage handling, aircraft fuelling, aircraft marshalling, and ramp services. With the increasing number of air travelers and the growth of the aviation industry, the demand for efficient and reliable airside services is on the rise globally.


Access full report @ https://www.marketresearchfuture.com/reports/airside-services-market-11807


Segment Analysis


The global airside services market has been segmented based airport class, operation, platform, and end use.


On the basis of airport class, the market is segmented into class A, class B, class C, and class D. Class B segment dominated the global market in 2022. Due to growing expansion in the tourism, business, and other sectors, a surge in domestic flights is anticipated to fuel segment growth.


Based on operation, the global airside services market has been segmented into more aircraft handling, passenger handling, and cargo handling. In 2022, the passenger handling category controlled the world market. Customer flow is streamlined by passenger service from initial check-in until boarding.


Based on platform, the global airside services market has been segmented into hardware, software, and service. In 2022, the hardware category dominated the global market for airside services. Improvements in OEM baggage handling equipment and growing airport security concerns are to blame for this.


Based on end use, the global airside services market has been segmented into commercial and military. In 2022, the commercial category dominated the global market for airside services. Due to increased demand for air freight to transport commodities, such as emergency medical services during a pandemic, there is an expectation that demand for the commercial segment would rise during the predicted time.


Regional Analysis


The global Airside Services Market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Airside Services Market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Airside Services Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Airside Services Market comprises of Middle East, Africa, and Latin America.


The North America airside services market dominated this market in 2022 (45.80%). This is a result of the widespread use of technology, stringent laws governing air travel, and continually increasing air traffic. The demand for commercial and business aircraft in North America has been spurred by the expansion of airports and order backlogs.


Moreover, Europe airside services market accounted for the healthy market share in 2022. This expansion is the result of increased air travel in nations like the United Kingdom, Germany, and France. Spending more money in the aviation industry will also help the European market flourish.


Additionally, from 2023 to 2032, the Asia Pacific airside services market is anticipated to grow significantly. It is projected that increased passenger travel both domestically and internationally will encourage market expansion. Due to the enormous investment being made in new airport projects in India, there will also be an increase in demand for better ground and cargo handling services at airports. The demand for IoT-based interfaces at airports to improve customer experiences and conduct surveillance operations is growing, which is driving the market in Asia Pacific.


Furthermore, the rest of the world's airside services market is divided into the Middle East, Africa, and Latin America. Due to the region's rising air travel passenger traffic, the market for airside services in Latin America is expanding significantly. Ground handling, aircraft maintenance, cargo handling, and fueling services are all considered airside services. The market is expected to grow as a result of airport expansion, an increase in tourists, and rising need for dependable and effective airport operations.


Key Findings of the Study



  • The global airside services market is expected to reach USD 5.6 Billion by 2032, at a CAGR of 7.50% during the forecast period.

  • The Asia-Pacific region accounted for the fastest-growing global market. It is projected that increased passenger travel both domestically and internationally will encourage market expansion. Due to significant investment in new airport projects in India, the demand for better ground and cargo handling services at airports would also increase.

  • Based on end use, the commercial and military segment was attributed to holding the largest market in 2022.

  • Aena, Amadeus IT Group SA, Cisco Systems, Inc., Daifuku Co. Ltd, Damarel System International Ltd., Honeywell International Inc., HUAWEI TECHNOLOGIES CO., LTD., IBM, INFORM GMBH, Indra, QinetiQ, Raytheon Technologies Corporation, Siemens, SITA, Teledyne Technologies Incorporated, and Thales

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Report details
Companies Covered 15
Pages 128
Certified Global Research Member
Isomar fd.webp Wcrc 57.webp
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