Global Airport Construction Projects Market Size Study, by Funding (Public, Private, Hybrid), by Application (Defense & Military, Commercial & Civil) and Regional Forecasts 2024-2032

Description

Global Airport Construction Projects Market was valued at approximately USD 1162.31 billion in 2023 and is anticipated to grow at a compound annual growth rate (CAGR) of 5.31% over the forecast period of 2024-2032. An airport construction project involves the planning, design, and development of infrastructure to build or expand an airport. This includes constructing runways, taxiways, terminals, control towers, and support facilities, as well as installing navigation and safety systems. The project encompasses various stages, from initial feasibility studies and environmental assessments to detailed engineering and project management. Furthermore, trends such as technological advancements play a crucial role in modern airport construction projects. Incorporating automated systems, smart infrastructure, and digital solutions enhances operational efficiency and security measures while providing passengers with a seamless travel experience. Additionally, the globalization of supply chains and business interconnectivity fuels the demand for enhanced cargo facilities. Airports are investing in dedicated cargo terminals and expanded apron areas to handle larger aircraft and increased cargo volumes, underscoring the critical role of air freight in the global economy.

The surge in air travel demand necessitates significant airport infrastructure enhancements. Airports globally are compelled to expand and modernize their facilities to handle the increasing influx of passengers, driven by factors such as economic growth, urbanization, and a burgeoning middle class. This infrastructure expansion includes constructing new terminals, expanding existing ones, and integrating advanced technologies to streamline operations and enhance passenger experiences. Furthermore, large-scale airport construction projects are pivotal in addressing capacity constraints. By expanding terminals and enhancing facilities, airports can efficiently manage the growing number of flights and passengers. These projects, encompassing additional boarding gates, security checkpoints, and baggage handling systems, not only accommodate more travelers but also enhance the overall passenger experience. Consequently, such developments facilitate economic growth, bolster international trade, and generate employment opportunities within the construction and aviation sectors. In addition, sustainability is also a key focus in modern airport construction projects. Airports are increasingly adopting green building practices, energy-efficient technologies, and eco-friendly designs to align with environmental initiatives and reduce the carbon footprint of the aviation industry.

The key region in the Airport Construction Projects Market includes North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In 2023, The North American market dominates the airport construction projects industry due to its substantial passenger volumes, extensive air transportation network, and robust aviation sector. Continuous infrastructure investments and technological advancements further bolster North America's leading position. Europe follows as the second-largest market, driven by rising air travel demand and stringent regulatory requirements. The Asia-Pacific region, experiencing rapid economic growth and urbanization, is projected to grow at the fastest CAGR, with China and India leading the expansion efforts in this dynamic market.

Major market players included in this report are:

Gilbane Building Company
Ledcor Group
Kimley-Horn
Doran Consulting
GMR Group
Treeland Builders
Fosroc
AFCONS Infrastructure Limited - A Shapoorji Pallonji Group Company
Hensel Phelps
AECOM
Skanska
Turner Construction
Bechtel
VINCI
Jacobs Engineering Group

The detailed segments and sub-segment of the market are explained below:

By Funding:

Public
Private
Hybrid

By Application:

Defense & Military
Commercial & Civil

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
Saudi Arabia
South Africa
RoMEA

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. Global Airport Construction Projects Market Executive Summary

1.1. Global Airport Construction Projects Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Funding
- 1.3.2. By Application
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Airport Construction Projects Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Airport Construction Projects Market Dynamics

3.1. Market Drivers
- 3.1.1. Continuous increase in air travel demand
- 3.1.2. Economic growth and urbanization
- 3.1.3. Globalization of supply chains
3.2. Market Challenges
- 3.2.1. Regulatory compliance and safety standards
- 3.2.2. High construction costs
3.3. Market Opportunities
- 3.3.1. Technological advancements
- 3.3.2. Sustainable construction practices
- 3.3.3. Expansion in emerging markets

Chapter 4. Global Airport Construction Projects Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Airport Construction Projects Market Size & Forecasts by Funding 2022-2032

5.1. Segment Dashboard
5.2. Global Airport Construction Projects Market: Funding Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. Public
- 5.2.2. Private
- 5.2.3. Hybrid

Chapter 6. Global Airport Construction Projects Market Size & Forecasts by Application 2022-2032

6.1. Segment Dashboard
6.2. Global Airport Construction Projects Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. Defense & Military
- 6.2.2. Commercial & Civil

Chapter 7. Global Airport Construction Projects Market Size & Forecasts by Region 2022-2032

7.1. North America Airport Construction Projects Market
- 7.1.1. U.S. Airport Construction Projects Market
  - 7.1.1.1. Funding breakdown size & forecasts, 2022-2032
  - 7.1.1.2. Application breakdown size & forecasts, 2022-2032
- 7.1.2. Canada Airport Construction Projects Market
7.2. Europe Airport Construction Projects Market
- 7.2.1. U.K. Airport Construction Projects Market
- 7.2.2. Germany Airport Construction Projects Market
- 7.2.3. France Airport Construction Projects Market
- 7.2.4. Spain Airport Construction Projects Market
- 7.2.5. Italy Airport Construction Projects Market
- 7.2.6. Rest of Europe Airport Construction Projects Market
7.3. Asia-Pacific Airport Construction Projects Market
- 7.3.1. China Airport Construction Projects Market
- 7.3.2. India Airport Construction Projects Market
- 7.3.3. Japan Airport Construction Projects Market
- 7.3.4. Australia Airport Construction Projects Market
- 7.3.5. South Korea Airport Construction Projects Market
- 7.3.6. Rest of Asia Pacific Airport Construction Projects Market
7.4. Latin America Airport Construction Projects Market
- 7.4.1. Brazil Airport Construction Projects Market
- 7.4.2. Mexico Airport Construction Projects Market
- 7.4.3. Rest of Latin America Airport Construction Projects Market
7.5. Middle East & Africa Airport Construction Projects Market
- 7.5.1. Saudi Arabia Airport Construction Projects Market
- 7.5.2. South Africa Airport Construction Projects Market
- 7.5.3. Rest of Middle East & Africa Airport Construction Projects Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. Gilbane Building Company
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Market Strategies
- 8.3.2. Ledcor Group
- 8.3.3. Kimley-Horn
- 8.3.4. Doran Consulting
- 8.3.5. GMR Group
- 8.3.6. Treeland Builders
- 8.3.7. Fosroc
- 8.3.8. AFCONS Infrastructure Limited - A Shapoorji Pallonji Group Company
- 8.3.9. Hensel Phelps
- 8.3.10. AECOM

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes