You are here :
Global Aviation Infrastructure Market - Segmented By Airport Type, By Application And By Geography - Growth, Trends, And Forecast (2018 - 2023)
Published on: Sep 2018 | From USD $4250 | Published By: MORDOR INTELLIGENCE | Number Of Pages: 104
The market for aviation infrastructure market is anticipated to witness a CAGR of about 7% during the forecast period. The increase in the expansion plans for existing airports, as well as the growing demand regarding construction of smart airports, are some of the factors which shall drive the market in the coming years.
The booming aviation sector, as well as the rise in the number of air travelers, in the present scenario, have led to various airport operators coming up with newer expansion plans and strategies, to accommodate the growing number of passengers. Furthermore, in the present scenario, the airport operators are facing immense challenges related to airport expansion. The ever-increasing number of air travelers are leading the airport operators seeking out the various unused land, constructing new airports to cope up with the rising demand. Moreover, the growing aviation industry has led to the development of various advanced technologies to provide the necessary support for the smooth functioning of the airport. Different new construction plans, such as smart airports has been witnessed in the present scenario. Moreover, various technologies, such as beacon technology, facial recognition systems, as well as air traffic management software have helped in maintaining smooth operations at the airport
Market Dynamics
The increase in the expansion plans for existing airports, as well as the growing demand regarding construction of smart airports, are some of the factors which shall drive the market in the coming years.
Airports worldwide are in under immense pressure, owing to the increase in the number of aircraft, as well as air travelers. The growing economy of various countries worldwide have fueled the growth regarding air travel which has led to the significant increase in the demand of passengers, as well as aircraft at the airports. Furthermore, in the present scenario, airport operators are facing challenges regarding handling the rising number of passengers, as well as aircraft in their airports, which have led to airport operators finalizing newer plans to modernize and improve their existing airports, to handle the ever-rising demand from the aviation industry. Also, various regions worldwide are upgrading their existing airports or are in the process of constructing newer airports, to meet the ever-increasing demands. London Heathrow Airport, in the present scenario, is formulating expansion plans, to include a third runway. Heathrow Airport, one of the busiest airports in the European region, is in need of a third runway because the airport always operates at full capacity. The significant growth in terms of passenger number has led to Heathrow facing extreme challenges concerning passenger handling. Furthermore, Denver International Airport, which has handled more than 58 million passengers in 2016 is, in the present scenario, focused on developing expansion plans to modernize their airport to handle the growing number of aviation operations taking place from the airport. The above factors have contributed towards a rise in the number of expansion plans for the modern day airports.
Regional Insights
North America dominates the market in 2017; however, Asia-Pacific is expected to register the highest CAGR during the forecast period and may exceed the North American market share by the end of 2023. The high CAGR growth is mainly due to the booming aviation sector in the Asia-Pacific region. This has fueled the development of airport infrastructure, to meet the requirements of the growing aviation market in the area. The United States dominates and accounts for a significant share in the North American aviation infrastructure market in 2017. The Aviation infrastructure in the United States, particularly regarding airports, shall witness considerable growth in the coming years, owing to the increasing demand by the rising number of passengers. This situation has put immense pressure on officials to construct new airports or modernize their existing ones. The boom in the air travel in the American region has led to a rise in the construction of various airports, hangars, terminals as well as runways, however, regarding market share, it is anticipated that North America will lose some of its share to Asia-Pacific region, owing to the significant growth of the aviation sector in the Asia-Pacific region.
Major Players:
Hensel Phelps Construction Co., Turner Construction Company, Skanksa AB, Austin Commercial, and Aecom, among others.
Recent Developments:
Jun 2018: The government of the United Kingdom has approved plans for the construction of a third runway at the Heathrow International Airport. The new third runway shall help the Heathrow Airport to boost their capabilities, in terms of conducting airport operations.
Apr 2018: Officials of Sharjah Airport have finalized their plans of constructing a new airport terminal at the airport. Moreover, the construction of the new airport terminal will help Sharjah International Airport to boost the capacity of the airport to 25 million passengers in the near future.
Reasons to Purchase this Report
Analyzing various perspectives of the market with the help of PorterÕs Five Forces Analysis
Detailed analysis of the segment that is expected to register the highest growth rate
Study of the region and country that are expected to dominate the market
Identifying the latest developments, market shares, and strategies employed by the major market players
3-month analyst support, along with the Market Estimate Sheet (in Excel)
Customization of the Report
This report can be customized to meet your requirements. Please connect with our analyst, who will ensure you get a report that suits your needs.
1. INTRODUCTION
1.1 Scope of the Study
1.2 Market Definition
1.3 Executive Summary
2. RESEARCH METHODOLOGY
2.1 Study Deliverables
2.2 Study Assumptions
2.3 Research Phases
3. MARKET INSIGHTS
3.1 Current Market Scenario
3.2 Technology Trends
3.3 Industry Attractiveness - Porter's Five Forces Analysis
3.3.1 Bargaining Power of Buyers
3.3.2 Bargaining Power of Supplier
3.3.3 Threat of New Entrants
3.3.4Threat of Substitute Products
3.3.5 Intensity of Competitive Rivalry
4. MARKET DYNAMICS
4.1 Drivers
4.2 Restraints
4.3 Opportunities
5. AVIATION INFRASTRUCTURE MARKET, SEGMENTED BY AIRPORT TYPE
5.1 Brownfield Airport
5.2 Greenfield Airport
6. AVIATION INFRASTRUCTURE MARKET, SEGMENTED BY APPLICATION
6.1 Hangars
6.2 Maintenance, Repair, and Overhaul Facilities
6.3 Terminal
6.4 Warehousing
6.5 Runways
7. AVIATION INFRASTRUCTURE MARKET, SEGMENTED BY GEOGRAPHY
7.1 North America
7.1.1 United States
7.1.2 Canada
7.1.3 Mexico
7.1.4 Rest of North America
7.2 Europe
7.2.1 United Kingdom
7.2.2 France
7.2.3 Germany
7.2.4 Rest of Europe
7.3 Asia-Pacific
7.3.1 India
7.3.2 China
7.3.3 Japan
7.3.4 Rest of Asia-Pacific
7.4 South America
7.4.1 Brazil
7.4.2 Argentina
7.4.3 Rest of South America
7.5 Middle East & Africa
7.5.1 Saudi Arabia
7.5.2 United Arab Emirates
7.5.3 South Africa
7.5.4 Rest of Middle East & Africa
8. COMPETITIVE LANDSCAPE
8.1 Introduction
8.2 Market Share Analysis
9. COMPANY PROFILES
9.1 Hensel Phelps Construction Co.
9.2 Turner Construction Company
9.3 Skanska AB
9.4 Austin Industries (Austin Commercial)
9.5 Aecom
9.6 Manhattan Construction Group
9.7 Crisdel Group, Inc.
9.8 Clark Construction Group, LLC
9.9 Vecellio & Grogan, Inc.
9.10 VRH Construction
10. FUTURE MARKET OUTLOOK
11. DISCLAIMER
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
FAQs
The process usually includes collection and interpretation of market data by using statistical and analytical techniques to support the decision making process.
The report helps in identifying and tracking emerging players in the market and their portfolios, enhances decision making capabilities and helps to create effective counter strategies to gain competitive advantage.
Market research reports provide in-depth analysis about the market conditions and requirements for effective decision making.
The report provides a snapshot of the global market size, segmentation data, marketing growth strategies, market share, export and import information, analysis and forecast of market trends, competition, domestic production, best sales prospects, statistical data, tariffs, regulations, distribution and business practices, end-user analysis, contact points and more.
These research reports include information about competitive strategies, solutions, fact-based research, key takeaways, recommendations, market considerations, emerging business models and market opportunities for multiple segments of an industry.
Market research reports assist in solving business problems and making better decisions to improve business as per the prevalent market trends.
Any person who has the capacity to make decisions for the business must buy the reports. These reports help management in decision making process. Market research helps person to obtain market information from different sources, and in multiple formats. It aims to study supply and demand, analyze data as per geography, age factors, demography, technology, product, psychographic & gender differences, and many other parameters. Access to in-depth market trends helps person to assess the market effectiveness. Some of the multiple techniques used for market research include customer analysis, choice modeling, competition and risk analysis, product research, advertising the research, marketing mix modeling, simulated test marketing, and more.
Market research studies several features of business environment, such as competitors, market structure, government regulations, economic trends, technological advances and financial analysis of companies, industries, and sectors. This helps person in the decision-making process of planning and implementing strategies for their markets.
1. Choose a topic.
2. Make skeleton catalogue.
3. Fill content. As for report content, there are two main information source, Primary and Secondary data collection. Secondary data collectionrefers to information searched from the Internet or data bought from database. Primary data collection refers to information concluded from telephone interview, face-to-face interview, expert’s interview, meeting etc.
4. Audit the report
5. Publish the report.
With regard to information cost, information searching costs the least, database support the second least, and telephone interview the third least. Face-face interview cost higher, in-depth interview much higher and expert interview the highest. A research may adopt all of these approaches, or just some of them.
In general, a good-quality research report needs 1-3 months to be finished. Time and method varies according to different Publishers. Thus, it’s difficult to define an exact procedure or process of making research report. Both time and cost vary. However, specialization has become a basic industry standard. Professional and dedicated products will be more and more popular.
There may be exceptions to this if you place order on a non-working day specifically because our publisher partners are located all over the globe. In case of physical delivery report will be couriered to you within 3 working days from the date of the receipt of payment and delivery time will differ based on your location
Why Us
In-depth database
Our Report’s database covers almost all topics of all regions over the Globe..
Recognised publishing sources
Tie ups with top publishers around the globe.
Customer Support
Complete pre and post sales support.
Safe & Secure
Complete secure payment process.