The Airside Services Global Market Report 2023, provides comprehensive information on the airside services market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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https://www.thebusinessresearchcompany.com/report/airside-services-global-market-report
As per The Business Research Company’s Airside Services Global Market Report 2023, the global airside services market is expected to grow from $4.04 billion in 2022 to $4.47 billion in 2023 at a compound annual growth rate (CAGR) of 10.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The airside services market is expected to reach $6.55 billion in 2027 at a CAGR of 10.0%.
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Advancements in technology are a key trend gaining popularity in the airside services market. Major companies operating in the airside services market are adopting new technologies to sustain their position in the market. For instance, in May 2023, Honeywell International Inc., a US-based technology and manufacturing company, launched an updated suite of airside solutions, including the NAVITAS Smart Visual Docking system and integrated ramp management system. Combining an integrated ramp management system and cyber-secure airfield solutions improves arrival preparedness, docking process support, turnaround, and departure management. A smart visual docking system enables more precise and informed gate operation decision-making. These solutions aid in optimizing gate operations and improving situational awareness for pilots and airside operations teams, leading to shorter aircraft turnaround times.
The airside services market is segmented:
1) By Platform: Hardware, Software, Services
2) By Service: Ramp Handling, Ground Handling, Aircraft Maintenance, Fuel And Oil Handling, Traffic Control, Other Services
3) By Airport Class: Class A, Class B, Class C, Class D
4) By Application: Commercial Airports, Military Airports
North America was the largest region in the airside services market in 2022.
The table of contents in TBRC’s airside services market report includes:
- Executive Summary
- Airside Services Market Characteristics
- Airside Services Market Trends And Strategies
- Airside Services Market – Macro Economic Scenario
- Global Airside Services Market Size and Growth
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- Global Airside Services Market Competitive Benchmarking
- Global Airside Services Market Competitive Dashboard
- Key Mergers And Acquisitions In The Airside Services Market
- Airside Services Market Future Outlook and Potential Analysis
- Appendix
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