Airport Infrastructure Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Airport Type (Commercial Airport, Military Airport, General Aviation Airport); Infrastructure Type (Terminal, Control Tower, Taxiway and Runway, Apron Hangar, Others) and Geography
Report Code: TIPRE00023774
| No. of Pages: 150
| Category: Aerospace and Defense
| Status: Upcoming
Airports play a vital role in the economic development of a nation and facilitate the fast movement of people and cargo, thereby fostering trade and commerce. Air passenger traffic and the number of aircraft handled by airports across the world is increasing every year, which has resulted in terminals becoming remarkably crowded. Several airports are struggling with the current volume of passengers. As the number of air passengers is expected to almost double over the next two decades, there is an increasing need to expand the existing airport infrastructure to cater to future growth in air traffic.
The "Global Airport Infrastructure Market Analysis to 2028" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of the airport infrastructure market with detailed market segmentation by airport type, infrastructure type and geography. The report provides key statistics on the market status of the leading airport infrastructure market players and offers key trends and opportunities in the market.
- Based on airport type, the global airport infrastructure market is segmented into commercial airport, military airport, general aviation airport
- On the basis of infrastructure type, the market is segmented terminal, control tower, taxiway and runway, apron hangar, others
MARKET DYNAMICS Drivers:
- Increasing air traffic, emergence of new business destinations, increased affordability of air travel, booming tourism, among others are some of the important factors driving India airport infrastructure market..
- Additionally, rising government spending and support is further fueling growth in the market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The airport infrastructure market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porter's five forces analysis highlighting factors affecting the airport infrastructure market in these regions.
IMPACT OF COVID-19 ON AIRPORT INFRASTRUCTURE MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
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The report covers key developments in the airport infrastructure market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from airport infrastructure market are anticipated to lucrative growth opportunities in the future with the rising demand for airport infrastructure in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the airport infrastructure market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Hensel Phelps
- Turner Construction Company
- Austin Industries
- PCL Constructors Inc
- TAV Construction
- BIC Contracting LLC
- Hill International Inc.
- Sundt Construction
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
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The List of Companies
1. Hensel Phelps
3. Turner Construction Company
5. Austin Industries
6. PCL Constructors Inc
7. TAV Construction
8. BIC Contracting LLC
9. Hill International Inc.
10. Sundt Construction