Global Airport Ground and Cargo Handling Services Market Report and Forecast 2023-2028
Market Outlook
According to the report by Expert Market Research (EMR), the global airport ground and cargo handling services market is projected to grow at a CAGR of 10.40% between 2023 and 2028. Aided by the increasing number of international travellers and the rapid expansion of e-commerce platforms requiring air cargo services, the market is expected to grow significantly by 2028.
Airport ground and cargo handling services, which encompass the spectrum of operations assisting aircraft from landing to take-off, are the unsung linchpins in the aviation sector. These services ensure the smooth transfer of passengers and cargo between the aircraft and terminals. They also entail aircraft maintenance activities on the tarmac, such as refuelling, cleaning, and baggage loading/unloading. These operations not only ensure a seamless transit experience for passengers but also play a pivotal role in timely global commerce, especially with the surge in demand for quicker deliveries through e-commerce platforms.
The rapid globalisation and burgeoning demand for air travel are fuelling the airport ground and cargo handling services market growth. As businesses seek to establish a global footprint and tourism sees a surge, the demand for efficient and timely ground and cargo services at airports has grown manifold. This growth is intertwined with the quality of a traveller's experience and the reputation of airlines and airports alike.
Furthermore, the booming e-commerce sector stands as a testament of a potential global airport ground and cargo handling services market expansion. With platforms promising next-day or even same-day deliveries, the emphasis on efficient cargo handling has never been higher. As consumers globally become accustomed to the perks of online shopping, the swift transportation of goods, largely relying on air transit, becomes essential.
Yet, the sector is ripe with innovation and advancement. Automated systems, driven by artificial intelligence (AI) and the Internet of Things (IoT), are making headway into ground and cargo operations. These systems promise to not only improve operational efficiency but also reduce the human error margin, ensuring safer and swifter ground services.
In addition, the development of specialised zones within airports, dedicated to cargo handling for specific goods like perishables or pharmaceuticals, showcases the sector's drive to cater to niche markets more proficiently. This factor is expected to bolster the global airport ground and cargo handling services market demand in the forecast period.
Market Segmentation
The market can be divided based on airport type, infrastructure type, services, and region.
Market Breakup by Airport Type
Market Breakup by Infrastructure Type
- Greenfield Airport
- Brownfield Airport
Market Breakup by Services
- Baggage Handling
- Passenger Handling
- Cargo and Mail Handling
- Ramp Handling
- Aircraft Handling
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global airport ground and cargo handling services market. Some of the major players explored in the report by Expert Market Research are as follows:
- John Bean Technologies
- Tronair, Inc.
- Mallaghan (G.A.) Inc
- MULAG Fahrzeugwerk GmbH
- AMSS GSE
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.