Overview and Scope
Airside services refer to the range of activities and support services provided at an airport on the airside, which is the area accessible only to aircraft, authorized personnel, and vehicles involved in aircraft operations that pass through strict security checking under aviation rules. These services ensure safe and efficient aircraft operations and support ground staff for improved aircraft turnaround.
Sizing and Forecast
The airside services market size has grown rapidly in recent years. It will grow from $4.47 billion in 2023 to $4.95 billion in 2024 at a compound annual growth rate (CAGR) of 10.7%. The growth in the historic period can be attributed to increased air travel, expansion of airport infrastructure, rising demand for airside services, expansion of low-cost carriers and globalization, security concerns and regulations.
The airside services market size is expected to see strong growth in the next few years. It will grow to $7.21 billion in 2028 at a compound annual growth rate (CAGR) of 9.8%. The growth in the forecast period can be attributed to evolving air travel trends, focus on sustainability and environmental regulations, integration of artificial intelligence (ai) and automation, e-commerce and drone cargo logistics, expansion of emerging markets. Major trends in the forecast period include strategic collaborations, automation and robotics, real-time data analytics and ai, green and sustainable technologies, biometric technologies.
To access more details regarding this report, visit the link:
https://www.thebusinessresearchcompany.com/report/airside-services-global-market-report
Segmentation & Regional Insights
The airside services market covered in this report is segmented –
1) By Platform: Hardware, Software, Services
2) By Service: Ramp Handling, Ground Handling, Aircraft Maintenance, Fuel And Oil Handling, Traffic Control, Other Services
3) By Airport Class: Class A, Class B, Class C, Class D
4) By Application: Commercial Airports, Military Airports
North America was the largest region in the airside services market in 2023. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the airside services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Intrigued to explore the contents? Secure your hands-on sample copy of the report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=12664&type=smp
Major Driver Impacting Market Growth
The growth of the commercial aviation industry is expected to propel the growth of the airside services market going forward. Commercial aviation refers to the aviation industry sector that involves the operation of aircraft for commercial purposes, primarily for transporting passengers and cargo in exchange for monetary compensation. Airside services are crucial for the smooth functioning of commercial aviation, which ensures the safety, efficiency, and timely operation of aircraft, supporting the overall passenger and cargo transportation process at the airport’s ground level. For instance, in March 2023, according to the Bureau of Transportation Statistics report, a US-based government agency, in 2022, US airlines transported 194 million more passengers than in 2021, a 30% increase yearly. Further, from January to December 2022, US airlines handled 853 million passengers (unadjusted), up from 658 million in 2021 and 388 million in 2020. Therefore, the growth of the commercial aviation industry is driving the growth of the airside services market.
Key Industry Players
Major companies operating in the airside services market report are United Aviation Services, Honeywell International Inc., Aeromexico Servicios, Collins Aerospace, Acciona S.A., Worldwide Flight Services (WFS), Dnata, Aviapartner Holding NV, BBA Aviation plc, Singapore Airport Terminal Services Ltd, DAL Global Services LLC, Menzies Aviation Limited, John Menzies Plc., SATS Ltd., PrimeFlight Aviation Services, Flughafen München GmbH, Saudi Ground Services Company, NAS Airport Services Limited, Celebi Aviation Holding, Aviator Airport Alliance AB, Sky Handling Partner, JetEx Flight Support, Aircraft Service International Group Inc., Transworld Aviation FZE, Universal Aviation Corporation, SAS Ground Handling, Aloha Group, Alitalia Airlines, Servisair, Aero Ground Handling (AGH).
The airside services market report table of contents includes:
1. Executive Summary
2. Airside Services Market Characteristics
3. Airside Services Market Trends And Strategies
4. Airside Services Market – Macro Economic Scenario
5. Global Airside Services Market Size and Growth
…
32. Global Airside Services Market Competitive Benchmarking
33. Global Airside Services Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Airside Services Market
35. Airside Services Market Future Outlook and Potential Analysis
36. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
