NEW YORK, Aug. 12, 2021 /PRNewswire/ — Technavio forecasts the airport handling services market to grow by USD 43.06 bn at over 5% during 2020-2024 in its latest market research report. The report entails comprehensive analysis on dominant and strong players including Celebi Hava Servisi AS (Turkey), Delta Air Lines Inc.(US), Fraport Group (Germany), Signature Aviation plc (UK), Swissport International AG (Switzerland), TAV AIRPORTS HOLDING (Turkey), The Carlyle Group Inc. (US), The Emirates Group (UAE), Universal Weather and Aviation Inc. (US), and Worldwide Flight Services Bangkok Air Ground Handling Co. Ltd. (Thailand).
The airport handling services market report covers insights on major trends, key growth drivers, and challenges impacting the overall growth of the market. The report identifies the growing demand for outsourced ground handling services as one of the major factors driving the growth of the market. In addition, increasing adoption of technology and rising infrastructure developments in the aviation industry will eventually lead the market to witness considerable growth during the forecast period. However, accidents and aircraft damages at airports due to human error are anticipated to hinder the growth of the market in the long run.
View our exclusive report on Market scenarios, Estimates, Lockdown Impact, and Customer Behavior.
The airport handling services market covers the following areas:
Airport Handling Services Market Sizing
Airport Handling Services Market Forecast
Airport Handling Services Market Analysis
The airport handling services market report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Technavio analyzes the market by Service (GSHS and CHS) and Geography (APAC, North America, Europe, MEA, and South America). The Ground handling services segment led the market share in 2019 and is anticipated to continue its dominance in the market over the forecast period. In addition, by geography, 52% of the market’s growth will originate from APAC during the forecast period owing to the increasing preference for air travel particularly in advanced and emerging economies including China.
Related Reports:
Airport Ground Support Equipment Market by Type and Geography – Forecast and Analysis 2021-2025
1. Executive Summary
2. Market Landscape
2.1 Market ecosystem
Exhibit 01: Parent market
Exhibit 02: Market characteristics
2.2 Value chain analysis
Exhibit 03: Value chain analysis: Airport services market
2.2.1 Inputs
2.2.2 Operations
2.2.3 Marketing and sales
3. Market Sizing
3.1 Market definition
Exhibit 04: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 05: Market segments
3.3 Market size 2019
3.4 Market outlook: Forecast for 2019 – 2024
Exhibit 06: Global – Market size and forecast 2019 – 2024 ($ billion)
Exhibit 07: Global airport handling services market 2019-2024 ($ billion), exclusive of COVID-19 impact
Exhibit 08: Global market: Year-over-year growth 2019 – 2024 (%)
4. Five Forces Analysis
4.1 Five Forces Summary
Exhibit 09: Five forces analysis 2019 & 2024
4.2 Bargaining power of buyers
4.3 Bargaining power of suppliers
4.4 Threat of new entrants
4.5 Threat of substitutes
4.6 Threat of rivalry
4.7 Market condition
Market condition – Five forces 2020
5. Market Segmentation by Service
Throughout the forecast period, the hospital segment will be the leading segment of the market. The high inclination of patients toward hospitals is due to the scale at which they operate, the rules and regulations followed, and the importance given to maintain health records.
Buy the airport handling services market forecast report for exhaustive analytical data on the segmentations.
5.1 Market segments
Exhibit 16: Service – Market share 2019-2024 (%)
5.2 Comparison by Service
5.3 GSHS – Market size and forecast 2019-2024
Exhibit 18: GSHS – Market size and forecast 2019-2024 ($ billion)
Exhibit 19: Global GSHS market 2019-2024 ($ billion), exclusive of COVID-19 impact
Exhibit 20: GSHS – Year-over-year growth 2019-2024 (%)
5.4 CHS – Market size and forecast 2019-2024
Exhibit 21: CHS – Market size and forecast 2019-2024 ($ billion)
Exhibit 22: Global CHS market 2019-2024 ($ billion), exclusive of COVID-19 impact
Exhibit 23: CHS – Year-over-year growth 2019-2024 (%)
5.5 Market opportunity by Service
Exhibit 24: Market opportunity by Service
6. Customer landscape
Technavio’s customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria
Exhibit 25: Customer landscape
Customer landscape analysis
7. Geographic Landscape
APAC contributed 41% to the overall market in 2019 and would increase its contribution to 43% of the global airport handling services market in 2024.
Buy the report now to obtain meticulously researched actionable insights on the emerging and potential regional markets.
7.1 Geographic segmentation
Exhibit 26: Market share by geography 2019-2024 (%)
7.2 Geographic comparison
Exhibit 27: Geographic comparison
7.3 APAC – Market size and forecast 2019-2024
Exhibit 28: APAC – Market size and forecast 2019-2024 ($ billion)
Exhibit 29: Airport services market in APAC 2019-2024 ($ billion), exclusive of COVID-19 impact
Exhibit 30: APAC – Year-over-year growth 2019-2024 (%)
7.4 North America – Market size and forecast 2019-2024
Exhibit 31: North America – Market size and forecast 2019-2024 ($ billion)
Exhibit 32: Airport services market in North America 2019-2024 ($ billion), exclusive of COVID-19 impact
Exhibit 33: North America – Year-over-year growth 2019-2024 (%)
7.5 Europe – Market size and forecast 2019-2024
Exhibit 34: Europe – Market size and forecast 2019-2024 ($ billion)
Exhibit 35: Airport services market in Europe 2019-2024 ($ billion), exclusive of COVID-19 impact
Exhibit 36: Busiest and fastest-growing airports in EU 2018
Exhibit 37: Europe – Year-over-year growth 2019-2024 (%)
7.6 MEA – Market size and forecast 2019-2024
Exhibit 38: MEA – Market size and forecast 2019-2024 ($ billion)
Exhibit 39: Airport services market in MEA 2019-2024 ($ billion), exclusive of COVID-19 impact
Exhibit 40: Key airport expansion projects in the Middle East
Exhibit 41: MEA – Year-over-year growth 2019-2024 (%)
7.7 South America – Market size and forecast 2019-2024
Exhibit 42: South America – Market size and forecast 2019-2024 ($ billion)
7.8 Key leading countries
Exhibit 42: Key leading countries
7.9 Market opportunity by geography
Exhibit 43: Market opportunity by geography ($ billion)
8. Drivers, Challenges, and Trends
8.1 Volume drivers – Demand led growth
8.1.1 Increasing infrastructure developments in the aviation industry
8.1.2 Growing demand for outsourced ground handling services
8.1.3 Rise in the number of airline passengers
8.2 Market challenges
8.2.1 Accidents and aircraft damages at airports due to human error
8.2.2 High market intensity leading to price cuts
8.2.3 Increasing number of HSR projects
8.2 Market challenges
8.3.1 Collective pooling of airside equipment
8.3.2 Growing market consolidations
8.3.3 Increasing adoption of technology
9. Vendor Landscape
9.1 Overview
9.2 Vendor landscape
9.3 Landscape disruption
Analysis of Criticality of inputs and Factors of differentiation
Competitive scenario
9.4 Landscape disruption
Technavio’s Analysis on the impact of Disruption Threats by comparing Disruptive sources and Factors driving disruption
Industry risks
10. Vendor Analysis
10.1 Vendors covered
10.2 Market positioning of vendors
10.3 Celebi Hava Servisi AS
Overview
Business Segments
Key Offering
Segment Focus
10.4 Delta Air Lines Inc.
Overview
Business Segments
Key Offering
Segment Focus
10.5 Fraport Group
Overview
Business Segments
Key Offering
Segment Focus
10.6 Signature Aviation plc
Overview
Business Segments
Key Offering
Segment Focus
10.7 Swissport International AG
Overview
Business Segments
Key Offering
Segment Focus
10.8 TAV AIRPORTS HOLDING
Overview
Business Segments
Key Offering
Segment Focus
10.9 The Carlyle Group Inc.
Overview
Business Segments
Key Offering
Segment Focus
10.10 The Emirates Group
Overview
Business Segments
Key Offering
Segment Focus
10.11 Universal Weather and Aviation Inc.
Overview
Business Segments
Key Offering
Segment Focus
10.12 Worldwide Flight Services Bangkok Air Ground Handling Co. Ltd.
Overview
Business Segments
Key Offering
Segment Focus
11. Appendix
11.1 Scope of the report
11.1.1 Market definition
11.1.2 Objectives
11.1.3 Notes and Caveats
11.2 Currency conversion rates for US$
11.3 Research methodology
11.4 List of abbreviations
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
Register for a free trial today and gain instant access to 17,000+ market research reports.
Technavio’s SUBSCRIPTION platform
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
View original content to download multimedia:https://www.prnewswire.com/news-releases/airport-handling-services-market-from-airport-services-industry-to-witness-emergence-of-celebi-hava-servisi-as-and-delta-air-lines-inctechnavio-301353479.html
SOURCE Technavio