Airport Terminal Operations Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Airport Terminal Operations Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

The global airport terminal operations market size reached US$ 5.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 10.2 Billion by 2028, exhibiting a growth rate (CAGR) of 10.1% during 2023-2028.

Airport terminal operations refer to processes designed to ensure a streamlined flow of passengers, maintain parking facilities, and regulate vehicular traffic circular drives. It includes passenger and baggage screening, terminal infrastructure maintenance, catering, and aircraft maintenance, repair, and overhaul (MRO). Airport terminal operations help move the flow of passengers and their baggage efficiently to meet the needs of airline operators. It focuses on resource allocation, staff management, load and unloading passengers, aircraft service, and cargo handling. Airport terminal operations also coordinate responses to airside incidents, accidents, and emergencies, conduct runaway and taxiway inspections, allocate aircraft parking and escorts, and policing airside driving.

Airport Terminal Operations Market Trends:
The flourishing aviation industry across the globe is creating a positive outlook for the market. In line with this, the rapid modernization of airports and increasing demand for efficient services to manage passengers, aircraft, and baggage on time due to the growing air traffic is favoring the market growth. Furthermore, the increasing demand for baggage screens to enhance efficiency, improve passenger satisfaction, and prevent airline delays is providing an impetus to market growth. In addition, the rising adoption of advanced baggage and passenger screening systems to prevent smuggling and detect dangerous goods due to increasing security concerns is acting as another growth-inducing factor. Apart from this, the integration of blockchain technologies that provide secure identity verification and real-time luggage tracking to enhance safety and improve cargo delivery performance is facilitating the market growth. Moreover, the rising adoption of artificial intelligence (AI)-powered self-service kiosks and robots at modern airport terminals to increase service offerings to the passengers is providing a considerable boost to the market growth. Other factors, including the implementation of stringent regulations by several governments and airport regulatory agencies to boost security and screening infrastructure, increasing adoption of fifth generation (5G) communication to optimize operations, and rising automation in airport management systems, are anticipated to drive the market growth.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global airport terminal operations market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on operation type, airport category and technology.

Breakup by Operation Type:

Terminal Infrastructure Maintenance and Upgrade
Passenger Screening
Catering and QSR
Baggage Screening
Aircraft MRO

Breakup by Airport Category:

Class A
Class B
Class C
Class D
Class E

Breakup by Technology:

Passenger Screening
Baggage Scanners
5G Infrastructure
E-Kiosk
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Agilent Technologies Inc., Amadeus IT Group S.A., Beumer Group GmbH & Co. KG, C.E.I.A. SpA (Ceia Di Manneschi Giovanni & Benedetti Rosanna Sapa), Honeywell International Inc., Robert Bosch GmbH (Robert Bosch Stiftung GmbH), Siemens AG, SITA, Smiths Group plc and TAV Technologies.

Key Questions Answered in This Report

1. How big is the global airport terminal operations market?
2. What is the expected growth rate of the global airport terminal operations market during 2023-2028?
3. What are the key factors driving the global airport terminal operations market?
4. What has been the impact of COVID-19 on the global airport terminal operations market?
5. What is the breakup of the global airport terminal operations market based on the operation type?
6. What are the key regions in the global airport terminal operations market?
7. Who are the key players/companies in the global airport terminal operations market?