Airport Ground and Cargo Handling Services Market Forecasts to 2028 – Global Analysis By Service (Cargo & Mail Handling, Passenger Handling, Baggage Handling, Ramp Handling, Aircraft Handling and Other Services), Airport Type (Domestic and International),

Airport Ground and Cargo Handling Services Market Forecasts to 2028 – Global Analysis By Service (Cargo & Mail Handling, Passenger Handling, Baggage Handling, Ramp Handling, Aircraft Handling and Other Services), Airport Type (Domestic and International), Infrastructure Type (Brownfield Airport and Greenfield Airport) and By Geography

According tStratistics MRC, the Global Airport Ground and CargHandling Services Market is accounted for $36.17 billion in 2022 and is expected treach $72.64 billion by 2028 growing at a CAGR of 12.32% during the forecast period. Airport ground and carghandling services include the care of aircraft while they are at the terminal. Airport ground and carghandling services are crucial tthe smooth and effective operation of airports and air travel. They provide passenger and cargsafety and security while lowering operational expenses and improving the entire customer experience. The importance of airport ground and carghandling services in sustaining airport and air travel efficiency cannot be emphasised. Airports would struggle thandle the volume of air traffic and the complicated requirements of modern air travel without competent ground and carghandling services.

According tthe Federal Aviation Administration (FAA) various funds tthe airports in the United States tintroduce electric ground support vehicles in the coming years. In October 2022, FAA, the largest United States transportation agency, awarded more than USD 27 million thelp a dozen airports tpurchase zero-emission buses, charging stations, and other equipment used tservice planes at gates.

Market Dynamics:

Driver:

Increased Demand for IoT-Enabled Solutions from a variety of End-Users

The Internet of Things (IoT) solutions based on cloud router technology are the most recent technological trend. The fence device is linked tthe cloud router via the Nimbus gateway. Real-time alerts, a user-friendly interface, and a sophisticated logging system are the major benefits of cloud router technology. A cloud router is a technologically sophisticated gateway that routes signal connections between the cloud router's administrator and the users of the electric fence and gadgets in their respective areas. Cloud router technology is widely used in warehouse security management. As more organisations in the United States use IoT-based cloud router technology for warehouse security, the market is likely texpand.

Restraint:

Short longevity and operational hazards connected tground processing equipment

Airlines offer a wide choice of high-quality airport system implementations and techniques timprove passenger travel experience in the lowest amount of time. The emphasis is on airport ground and carghandling services. As a result, airlines must make significant initial investments in order tdeliver better aircraft and passenger support services. Yet, replacing obsolete airport systems on a regular basis incurs significant costs. As a result, the initial investment and limited life of airport ground processing equipment will limit market growth.

Opportunity:

Expansion of existing airports and construction of new airports

Growth in air travel in developing countries will result in an increase in the number of new airports in all countries. Increasing government investment and the modernisation of existing airports are propelling the sector forward. New airports are continually being created, and the modernisation of existing airports will improve the customer experience in the future years. Furthermore, market growth is likely tbe driven by rising need for longer runways, better air traffic control systems, and higher gate capacity. Airport expansion projects around the world will raise demand for low-cost ground handling, commercial facilities, and airport services thereby propelling the market.

Threat:

Risks associated with the operation of ground treatment equipment

Ground treatment equipment dangers, such as lifting injuries, contact with moving vehicles, and aircraft collisions with ground treatment equipment, are impeding market growth. Furthermore, refuelling and the risk of refuelling might result in fuel burns or spills owing tequipment failure, distraction, and inappropriate practises. As a result, the short life of ground processing equipment and the need tupgrade airport systems on a regular basis owing toperational risk are hampering market growth.

Covid-19 Impact

The COVID-19 epidemic had a significant impact on passenger transportation. Airlines worldwide are alsworking on reducing active fleet sizes in order tsave operational expenses. As a result, despite the large fixed costs that airports cannot avoid, airport authorities have been able tcancel infrastructure projects, postpone capital expenditure, reduce investment in airport services, and handle employee expenses. The emphasis is on lowering variable costs. As a result, limiting the number of active fleets at the airport will reduce demand for airport services and hinder the expansion of the airport ground and carghandling services market.

The Domestic segment is expected tbe the largest during the forecast period

The Domestic segment is estimated thave a lucrative growth; due tincreased domestic aviation capacity is expected tsupport segment growth as tourism, business, and other sectors flourish. Domestic flights are frequently less expensive than using the train or driving your own automobile. Domestic flights can alsbe a quick way tget from point A tpoint B within a country. For example, if you need ttravel considerable distances within a country, it will take you many hours, if not days, tarrive at your destination by rail or car. Domestic flights can be inexpensive, a quick way tgaround, a dependable mode of transportation, domestic flights can be convenient, stress-relieving, and safe which enhanced the market.

The Greenfield airport segment is expected thave the highest CAGR during the forecast period

The Greenfield segment is anticipated twitness the fastest CAGR growth during the forecast period, due tthose that begin from scratch on previously underdeveloped land. They dnot include existing building refurbishment or destruction. There are nlimitations imposed by previous work on the land. The development of an airport is one of the most important facilitators of an industrial region's growth and is expected thave a significant economic multiplier impact. A Greenfield airport is one that is built from the ground up on an undeveloped site. It refers tan undertaking that is not constrained by previous effort. Such airports are built tmeet the expected traffic needs of the area.


Region with largest share:

North American is projected thold the largest market share during the forecast period owing tthe swift recovery of the aviation industry from the COVID-19 pandemic impact, as well as expenditures by the regional civil aviation authority and airport operators in airport expansion and ground handling equipment modernisation. Because of the presence of most airports, the booming aviation industry, and rising investment, the demand for smart airport infrastructure is rapidly expanding. As a result, higher growth rates are expected during the predicted period.

Region with highest CAGR:

Asia Pacific is projected thave the highest CAGR over the forecast period, owing tIncreasing international and domestic passenger transportation is predicted tfuel market expansion. Furthermore, significant investment in new airport projects in India would increase demand for enhanced airport ground and carghandling services. The development of smart airports is driving market expansion in various parts of the world the growing number of tourists in China is alsdriving industry expansion. The Asia Pacific market is alsbeing driven by an increase in demand for IoT-based interfaces at airports timprove customer experience and surveillance activities which encouraged the growth of the market.

Key players in the market

Some of the key players profiled in the Airport Ground and CargHandling Services Market include Aviapartner Group, Havas Ground Handling Co, Qatar Aviation Services, Airport Associates, Worldwide Flight Services, Dnata, Swissport Interational AG, Menzies Aviation, Çelebi Ground Handling, AirPart GmbH, SATS Ltd., BBA Aviation plc, CargAirport Services, Celebi Aviation Holding Inc., ASIG and Lufthansa CargAG

Key Developments:

In Sep 2022, Swissport continues texpand in Italy: operations at Milan City Airport in Linate Swissport is starting operations at Milan Linate, adding another leading European business hub tits vast and growing network.

In July 2022, Swissport launches test of automated guided vehicle in Frankfurt the autonomous vehicle has been substituting the manual transport of cargo. It forms part of Swissport's continuous pursuit of innovative and efficient cargprocesses.

In Sep 2020, Qatar Aviation Services newly acquired Honeywell Aerospace UV Cabin System, will be deployed as an additional step after manual aircraft disinfection, tensure the very highest standards of cleanliness on board.

In April 2018, Qatar Aviation Services announced collaboration with Qatar Airways, The announcement was made by IATA during the 30th IGHC held at Bangkok

Services Covered:
• Carg& Mail Handling
• Passenger Handling
• Baggage Handling
• Ramp Handling
• Aircraft Handling
• Other Services

Airport Types Covered:
• Domestic
• International

Infrastructure Types Covered:
• Brownfield Airport
• Greenfield Airport

Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements