Global Aviation Infrastructure Market by Airport Type, Application and Geography (2018-2023) - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Oct 11, 2018--The “Global Aviation Infrastructure Market - Segmented by Airport Type, by Application and by Geography - Growth, Trends, and Forecast (2018 - 2023)” report has been added to ResearchAndMarkets.com’s offering.
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.
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.
The above factors have contributed towards a rise in the number of expansion plans for the modern day airports.
Recent DevelopmentsThe 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. 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.
Key Topics Covered
2. Research Methodology
3. Market Insights
4. Market Dynamics
5. Aviation Infrastructure Market, Segmented by Airport Type
6. Aviation Infrastructure Market, Segmented by Application
7. Aviation Infrastructure Market, Segmented by Geography
8. Competitive Landscape
9. Company ProfilesHensel Phelps Construction Co. Turner Construction Company Skanska AB Austin Industries (Austin Commercial) Aecom Manhattan Construction Group Crisdel Group Inc. Clark Construction Group LLC Vecellio & Grogan Inc. VRH Construction
For more information about this report visit https://www.researchandmarkets.com/research/xn2mxr/global_aviation?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181011005562/en/
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Related Topics:Commercial Aerospace,Airports and Air Traffic Control
INDUSTRY KEYWORD: TRANSPORT AIR MANUFACTURING AEROSPACE
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 10/11/2018 10:36 AM/DISC: 10/11/2018 10:36 AM