Airport Handling Services Market to Reach USD 43.06 Billion by 2024, Celebi Hava Servisi AS and Delta Air Lines Inc. Emerge as Key Contributors to Growth | Technavio

Technavio has announced its latest market research report titled Global Airport Handling Services Market 2020-2024 (Graphic: Business Wire)

LONDON--()--Technavio has been monitoring the airport handling services market and it is poised to grow by USD 43.06 billion during 2020-2024, progressing at a CAGR of over 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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This Report Addresses:

  • The market size from 2020-2024
  • Expected market growth until 2024
  • Forecast of how market drivers, restraints, and future opportunities will affect the market dynamics
  • Segments and regions that will drive or lead market growth and why
  • Comprehensive mapping of the competitive landscape
  • In-depth analysis of key sustainability strategies adopted by market players

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts

Frequently Asked Questions-

  • Based on segmentation by service, which is the leading segment in the market?
  • The GSHS segment is expected to be the leading segment based on service in the global market during the forecast period.
  • What are the major trends in the market?
  • Rising infrastructure developments in the aviation industry is one of the major trends in the market.
  • At what rate is the market projected to grow?
  • Growing at a CAGR of over 5%, the incremental growth of the market is anticipated to be USD 6.4 billion.
  • Who are the top players in the market?
  • Celebi Hava Servisi AS, Delta Air Lines Inc., Fraport Group, Signature Aviation plc, Swissport International AG, TAV AIRPORTS HOLDING, The Carlyle Group Inc., The Emirates Group, Universal Weather and Aviation Inc., and Worldwide Flight Services Bangkok Air Ground Handling Co. Ltd. are some of the major market participants.
  • What are the key market drivers and challenges?
  • Collective pooling of air side equipment is one of the major factors driving the market. However, the accidents and aircraft damages at airports due to human error restrain the market growth.
  • How big is the APAC market?
  • The APAC region will contribute 52% of market growth.

The market is concentrated, and the degree of concentration will accelerate during the forecast period. Celebi Hava Servisi AS, Delta Air Lines Inc., Fraport Group, Signature Aviation plc, Swissport International AG, TAV AIRPORTS HOLDING, The Carlyle Group Inc., The Emirates Group, Universal Weather and Aviation Inc., and Worldwide Flight Services Bangkok Air Ground Handling Co. Ltd. are some of the major market participants. The collective pooling of air side equipment will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Airport Handling Services Market 2020-2024: Segmentation

Airport Handling Services Market is segmented as below:

  • Service
    • GSHS
    • CHS
  • Geography
    • APAC
    • North America
    • Europe
    • MEA
    • South America

Airport Handling Services Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The airport handling services market report covers the following areas:

  • Airport Handling Services Market Size
  • Airport Handling Services Market Trends
  • Airport Handling Services Market Analysis

This study identifies rising infrastructure developments in the aviation industry as one of the prime reasons driving the airport handling services market growth during the next few years.

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.
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Airport Handling Services Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist airport handling services market growth during the next five years
  • Estimation of the airport handling services market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the airport handling services market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of airport handling services market vendors

Table of Contents:

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Service

  • Market segments
  • Comparison by Service
  • GSHS - Market size and forecast 2019-2024
  • CHS - Market size and forecast 2019-2024
  • Market opportunity by Service

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Celebi Hava Servisi AS
  • Delta Air Lines Inc.
  • Fraport Group
  • Signature Aviation plc
  • Swissport International AG
  • TAV AIRPORTS HOLDING
  • The Carlyle Group Inc.
  • The Emirates Group
  • Universal Weather and Aviation Inc.
  • Worldwide Flight Services Bangkok Air Ground Handling Co. Ltd.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

     

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Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Release Summary

The Global Airport Handling Services Market will grow by USD 43.06 bn during 2020-2024

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/