Posted 2/19/2024, 2:30:00 PM
Airport Ground Operations Market to Reach $68 Billion by 2030, Driven by Passenger Growth and Infrastructure Demand
- Global airport ground and cargo handling market to reach $68.67 billion by 2030, driven by increased efficiency between aircraft arrival and departure
- Ground operations play critical role in airport functioning including catering, logistics, ramp operations, passenger care
- Passenger services segment dominates market due to emphasis on comfort and security
- Aircraft baggage and document handling to see significant growth due to increased air cargo transportation
- Asia Pacific predicted to have fastest regional market growth fueled by passenger traffic increases and airport infrastructure investments