Aviation Infrastructure Market Size, Share, Trends, Growth 2032

Aviation Infrastructure Industry Prospective:

The global aviation infrastructure market size was worth around USD 866.49 billion in 2023 and is predicted to grow to around USD 1254.79 billion by 2032 with a compound annual growth rate (CAGR) of roughly 4.2% between 2024 and 2032.

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Aviation Infrastructure Market: Overview

The aviation infrastructure market has likely to have prominent opportunities in the upcoming future and is expected to grow at a single digit CAGR within the forecast period. This market is growing at the substantial phase owing to rise in the numbers of air travelers. Most of the airport operators are investing on infrastructure development which will drive the market. Moreover, aviation industry is emphasizing on technology for better functioning and strategic development which will create demand for aviation infrastructure market. The International Air Transport Association works with government and airport authorities for airline safety, infrastructure development with high efficiency to strengthen the market.

Aviation Infrastructure Market: Growth Drivers

Some of the drivers which are propelling the growth of aviation infrastructure market are rise in air traffic or passengers, increased economy and affordable pricing. The no of passengers have increased due to higher disposable income and flourished tourism. Per Capita income is the major factor which is creating opportunities and demands for aviation infrastructure market. Airport Council International with NEXTT going to provide new experience travel technology and aims to sluggish in cost, improve safety and increase efficiency which will expand the growth.

Some of the factors which might hinder this market are the technological changes, existing infrastructure and huge investment for new infrastructure. To cater these changes national airspace system would require for driving the market. More involvement of government will make a massive impact, collaborating with aviation companies and private companies to build up new airports so as to boost up aggressively.

Global Aviation Infrastructure Market Size: Segmentation

The aviation infrastructure market has been segmented on the basis of airport type, geography and application.

Based on airport type, aviation infrastructure market is categorized in two types named as Brownfield and Greenfield Airport. The infrastructure which has done on unused land refers to green field airports whereas demolishing and upgrading existing infrastructure refers to brownfield type.

Based on application, this market caters to MRO facilities, warehousing, airport terminals and runways. In 2017 North America dominated the market but due to rise in per capita income in Asia-Pacific region, the aviation infrastructure market is on faster phase and anticipated to reach highest CAGR and market share by 2026.

Aviation Infrastructure Market: Report Scope

Aviation Infrastructure Market: Regional Analysis

In 2017 North America dominated the market but due to rise in per capita income in Asia-Pacific region, the aviation infrastructure market is on faster phase and anticipated to reach highest CAGR and market share by 2032.

Global Aviation Infrastructure Market Size: Competitive Players

• Hensel Phelps Construction Co.
• Turner Construction Company
• Skanska AB
• Austin Industries (Austin Commercial)
• Aecom
• Manhattan Construction Group
• Crisdel Group
• Clark Construction Group
• LLC Vecellio and Grogan
• VRH Construction

The report segments the global aviation infrastructure market as follows:

Aviation Infrastructure Market: Airport Type Segment Analysis

• Brownfield
• Greenfield Airport

Aviation Infrastructure Market:  Application Segment Analysis

• Hangars
• Maintenance
• Repair and Overhaul (MRO) Facilities
• Airport Terminal
• Warehousing
• Runways

Aviation Infrastructure Market: Regional Segment Analysis

• North America
  • U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa