Airport Ground and Cargo Handling Services Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of the Airport ground and cargo handling services Market
The airport ground and cargo handling services market size was valued at USD 35.23 billion in 2022, and the market is now projected to grow from USD 39.91 billion in 2023 to USD 81.83 billion by 2030, exhibiting a CAGR of 10.80% during the forecast period of 2023-2030.
The COVID-19 pandemic significantly impacted the airport ground and cargo handling services market growth, in the main because of the drastic discount in air journey and load volumes. With severe flight cancellations and airport closures, the demand for floor coping with services plummeted. However, there has been an extremely good shift closer to air cargo services as e-trade boomed and essential medical components wished for swift transportation, in part offsetting the decline in passenger offerings.
Key driving factors inside the airport ground and cargo handling services market share encompass the fast boom of e-trade and the consequent growth in air freight call for. Additionally, the enlargement of world change and the restoration of the aviation industry put an up-pandemic contribution to the marketplace boom. Technological advancements in automation and green dealing with structures, along with the rising want for green ground operations to limit turnaround times, also propel the market forward.
Additionally, current developments inside the airport ground and load dealing with the services marketplace consist of the increasing adoption of automation and digitalization to decorate performance and decrease human blunders. The use of electrical ground assist devices (GSE) is growing, driven by way of the push for sustainable and green airport operations. Additionally, there may be a growing emphasis on enforcing superior tracking and monitoring structures for shipment to ensure actual-time visibility and protection.
Comprehensive Analysis of the Airport ground and cargo handling services Market
The airport ground and load dealing with offerings marketplace is segmented with the aid of carrier type, software, and region. By provider type, it consists of passenger coping with, luggage managing, cargo managing, and ramp coping with services. Application segmentation covers business airports, shipment terminals, and military airports. Regional segmentation includes North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa, with every area having awesome market dynamics and boom potentials.
North America leads the airport ground and load coping with services marketplace, pushed with the aid of its advanced aviation infrastructure, high air traffic volumes, and sizable investments in airport modernization. The presence of the most important airports and cargo hubs, along with the robust boom of e-trade, in addition, strengthens North America's leading role within the market.
Key gamers inside the airport floor and load coping with services marketplace encompass Swissport International Ltd (Switzerland), which is a main issuer of ground and air cargo services. Dnata (UAE), provides comprehensive ground coping with offerings throughout numerous airports global. Menzies Aviation (Scotland), specializes in passenger, ramp, and load-coping services. Worldwide Flight Services (WFS) (France), is thought for its good-sized shipment handling operations.
In April 2024, dnata introduced the expansion of its revolutionary cargo coping with centres at Dubai International Airport. The new ultra-modern facility includes superior automation and clever technology to beautify operational efficiency and capacity. This improvement seeks to meet the developing call for air cargo offerings and reflects the industry's awareness of leveraging the era to enhance provider first-class and operational overall performance.
Segmentation Table
Global Airport ground and cargo handling services Market Scope
Study Period 2019-2030
Base Year 2022
Forecast Period 2023-2030
Growth Rate CAGR of 10.80% from 2023-203
Historical Period 2019-2021
Unit Value (USD Billion)
Segmentation By services, airport Type, infrastructural type, and Region
By services Passenger type
Baggage type
Cargo and mail handling
Aircraft handling
Ramp handling
Others
By airport type
Domestic
International
By infrastructural typeGreenfield airport
Brownfield airport
By Region North America (By services, airport Type, infrastructural type, and Region)
- U.S. (By services, airport Type)
- Canada (By services, airport Type)
Europe (By services, airport Type, infrastructural type, and Region)
- U.K. (By services, airport Type)
- Germany (By services, airport Type)
- France (By services, airport Type)
- Italy (By services, airport Type)
- Spain (By services, airport Type)
- Rest of Europe (By services, airport Type)
Asia Pacific (By services, airport Type, infrastructural type, and Region)
- China (By services, airport Type)
- Japan (By services, airport Type)
- India (By services, airport Type)
- Australia(By services, airport Type0
- Rest of Asia Pacific (By services, airport Type)
Rest of the world(By services, airport Type, infrastructural type, and Region)
- Middle East & Africa (By services, airport Type)
- Latin America(By services, airport Type)
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