Lucintel’s latest market report analyzed that airport service provides attractive opportunities in the hospitality event, cargo handling, and aircraft handling services. The airport service market is expected to reach $206.9 billion by 2025 with a CAGR of 2.4%. In this market, hospitality event service and cargo handling service is the largest segment by service type. Dynamics of the airport service industry, include increasing trends of artificial intelligence in the air transport industry, introducing green gates to reduce emissions, introducing virtual technology to improve customer service, and increasing use of smartphone apps to helps the passenger for schedule planning provides strategic growth path in this market.
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Based on application, the airport service market is segmented into hospitality event services: (catering services, special passenger care services, passenger parking field, retail and duty-free, training, security services, and baggage handling segments), cargo handling services: (cargo operations and ground support services segment), aircraft handling and its related services: (operation of fueling, ramp services, runway maintenance, aircraft de-icing and others segment), and other services: (cabin cleaning and sanitary services, real estate development, and others)]. The hospitality event services and cargo handling services segment accounted for the largest share of the market in 2020.
Browse in-depth TOC on “Airport Service Market”
87 – Tables
111 – Figures
190 – Pages
The Airport Service Market is marked by the presence of several big and small players. Some of the prominent players offering airport service include Fraport Frankfurt Airport Services Worldwide, Aeroports de Paris SA, Japan Airport Terminal Co. Ltd, BBA Aviation plc, Beijing Capital International Airport Co., Ltd, Tav Havalimanlari Holding A.S, Sats Ltd, Auckland International Airport Limited, Flughafen Wien AG, and Malaysia Airports Holdings Berhad.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.
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