PUBLISHER: GlobalData | PRODUCT CODE: 1599151
PUBLISHER: GlobalData | PRODUCT CODE: 1599151
This report provides a detailed analysis of airport construction projects globally, based on projects tracked by GlobalData.
The global airport projects pipeline, as tracked by GlobalData in Q4 2024, is worth $593.7 billion - a marginal increase to the $589.2 billion pipeline recorded in Q3 2024. By region, North America accounts for the largest portion of the total, with a pipeline valued at $129 billion, followed by North-East Asia, which has a pipeline value of $109.1 billion, and South-East Asia, $88.2 billion. The pipeline of projects in Middle East and North Africa stands at $77.2 billion, $56 billion for Western Europe, $40.8 billion for South Asia, $38.1 billion for Eastern Europe, $19.7 billion for Latin America, $18.2 billion for Australasia, and $17.6 billion for Sub-Saharan Africa (SSA). The global pipeline is dominated by projects in the advanced stages of development, with 81.4% of projects being in the pre-execution and execution phases - this amounts to $483.2 billion in total value. Of this amount, $353.8 billion is in the execution stage and $129.4 billion is in the pre-execution stages of design, tender, and EPC award. Projects in the early stages account for a relatively small share, with 18.6% of the pipeline by value reflecting projects in the pre-planning stage (announcement and study), and planning stages.