Asia Pacific Airport Infrastructure Market Forecast to 2030 - Regional Analysis

Description

List of Tables

The Asia Pacific airport infrastructure market was valued at US$ 25,301.37 million in 2022 and is expected to reach US$ 51422.26 million by 2030; it is estimated to record a CAGR of 9.3% from 2022 to 2030.

Construction of New Airports and Vertiports Fuels the Asia Pacific Airport Infrastructure Market

Vertiports are centers for vertical takeoff and landing vehicles such as eVTOL vehicles, drones, and air taxis. The increasing demand for competent urban transportation and developments in eVTOL technology, and the shortage of available land to build conventional vertiports fuel the need for advanced vertiports.

In 2023, the Japanese vertiport firm Skyscape has unveiled ambitious new plans to build an "Integrated Aviation Centre," or "IAC," which will be among the nation's first vertiport establishments. Also, in 2022, Skyportz unveiled the design for Australia's first vertiport. The design was released at the AAM Summit.

The growing demand for sustainable and low-carbon emission approaches in the aviation and logistics sectors boosts the demand for new airports for eVTOL aircraft. The advancement of vertiports can transform urban strategies for efficient and eco-friendly city transport or logistic modes. Air pollution, traffic congestion, and the high expenditure on infrastructure are among the major challenges for vertiport construction. To mitigate these issues, lower travel time, reduce carbon emissions, and improve accessibility, vertiports are one of the most promising solutions. Vertiports are similar to helipads but developed for a wider range of aircraft. Vertiports can be situated in any location, including parking spaces, rooftops, and a few public spaces. In addition, vertiports are landing pads, but they can be used for other services such as maintenance facilities, charging stations, and passenger amenities. Thus, the growing construction of new vertiports is expected to create new opportunities for the airport infrastructure market growth in the coming years.

Asia Pacific Airport Infrastructure Market Overview

Asia-Pacific's airport infrastructure is undergoing robust expansion and development initiatives, propelled by the region's surging economic growth, and increasing air travel demands. Key airports, including Singapore Changi, Beijing Capital International, and Incheon International, are pivotal hubs spearheading modernization projects. The focus extends beyond major hubs, with countries like Indonesia and Thailand investing in regional airports to improve connectivity. Currently, 155 Airport and airport infrastructure development projects with an investment of $209 billion in Asia Pacific are under development out of 425 across the globe. For example, one of the biggest airport development projects in the Asia Pacific is Long Thanh International Airport in Vietnam, which has an investment of $14.5 billion and is expected to be completed by 2025. In addition, the expansion of Terminal 5 at Changi Airport Singapore is a $10 billion project and is expected to be completed by 2030.

As Asia Pacific solidifies its position as a global aviation hub, these collective efforts ensure a resilient and advanced airport infrastructure that meets the evolving needs of the burgeoning air travel market.

Asia Pacific Airport Infrastructure Market Revenue and Forecast to 2030 (US$ Million )

Asia Pacific Airport Infrastructure Market Segmentation

The Asia Pacific airport infrastructure market is segmented based on airport type, infrastructure type, and country. Based on airport type, the Asia Pacific airport infrastructure market is segmented into commercial airport, military airport, and general aviation airport. The commercial airport segment held the largest market share in 2022.

By infrastructure type, the Asia Pacific airport infrastructure market is segmented into terminal, control tower, taxiway and runway, hangar, and others.The terminal segment held the largest market share in 2022.

In terms of country, the Asia Pacific airport infrastructure market is segmented into Australia, China, India, Japan, South Korea, and the Rest of Asia Pacific. China dominated the Asia Pacific airport infrastructure market share in 2022.

AECOM, Turner Construction company, PCL Constructors Inc, and Hill International Inc are some of the leading companies operating in the Asia Pacific airport infrastructure market.

Product Code: BMIRE00030349

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Asia Pacific Airport Infrastructure Market Landscape

4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis

5. Asia Pacific Airport Infrastructure Market - Key Industry Dynamics

5.1 Airport Infrastructure Market - Key Industry Dynamics
5.2 Market Drivers
- 5.2.1 Construction of New Airport Terminals, Runways, Taxiways, and Hangars
- 5.2.2 Rising Investments in New Military Air Bases
5.3 Market Restraints
- 5.3.1 Delay in the Airport Project Developments of Expected Airport Construction Targets
5.4 Market Opportunities
- 5.4.1 Construction of New Airports and Vertiports
5.5 Future Trends
- 5.5.1 Rising Initiatives to Upgrade Military Airbases for Use of Commercial Aviation
5.6 Impact of Drivers and Restraints:

6. Airport Infrastructure Market - Asia Pacific Market Analysis

6.1 Airport Infrastructure Market Revenue (US$ Million), 2022 - 2030
6.2 Airport Infrastructure Market Forecast and Analysis

7. Asia Pacific Airport Infrastructure Market Analysis -Airport Type

7.1.1 Airport Infrastructure Market, By Airport Type (2022 and 2030)

7.2 Commercial Airport Market
- 7.2.1 Overview
- 7.2.2 Commercial Airport Market, Revenue and Forecast to 2030 (US$ Million)
7.3 Military Airport
- 7.3.1 Overview
- 7.3.2 Military Airport Market, Revenue and Forecast to 2030 (US$ Million)
7.4 General Aviation Airport
- 7.4.1 Overview
- 7.4.2 General Aviation Airport Market, Revenue and Forecast to 2030 (US$ Million)

8. Asia Pacific Airport Infrastructure Market Analysis -Infrastructure Type

8.1.1 Airport Infrastructure Market, By Infrastructure Type (2022 and 2030)

8.2 Terminal
- 8.2.1 Overview
- 8.2.2 Terminal Market, Revenue and Forecast to 2030 (US$ Million)
8.3 Control Tower
- 8.3.1 Overview
- 8.3.2 Control Tower Market, Revenue and Forecast to 2030 (US$ Million)
8.4 Taxiway and Runway
- 8.4.1 Overview
- 8.4.2 Taxiway and Runway Market, Revenue and Forecast to 2030 (US$ Million)
8.5 Hangar
- 8.5.1 Overview
- 8.5.2 Hangar Market, Revenue and Forecast to 2030 (US$ Million)
8.6 Others
- 8.6.1 Overview
- 8.6.2 Others Market, Revenue and Forecast to 2030 (US$ Million)

9. Asia Pacific Airport Infrastructure Market - Country Analysis

9.1 Asia Pacific
- 9.1.1 Asia Pacific Airport Infrastructure Market Overview
- 9.1.2 Asia Pacific Airport Infrastructure Market Revenue and Forecasts and Analysis - By Country
  - 9.1.2.1 Australia Airport Infrastructure Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.1.2.1.1 Australia Airport Infrastructure Market Breakdown by Airport Type
    - 9.1.2.1.2 Australia Airport Infrastructure Market Breakdown by Infrastructure Type
  - 9.1.2.2 China Airport Infrastructure Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.1.2.2.1 China Airport Infrastructure Market Breakdown by Airport Type
    - 9.1.2.2.2 China Airport Infrastructure Market Breakdown by Infrastructure Type
  - 9.1.2.3 India Airport Infrastructure Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.1.2.3.1 India Airport Infrastructure Market Breakdown by Airport Type
    - 9.1.2.3.2 India Airport Infrastructure Market Breakdown by Infrastructure Type
  - 9.1.2.4 Japan Airport Infrastructure Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.1.2.4.1 Japan Airport Infrastructure Market Breakdown by Airport Type
    - 9.1.2.4.2 Japan Airport Infrastructure Market Breakdown by Infrastructure Type
  - 9.1.2.5 South Korea Airport Infrastructure Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.1.2.5.1 South Korea Airport Infrastructure Market Breakdown by Airport Type
    - 9.1.2.5.2 South Korea Airport Infrastructure Market Breakdown by Infrastructure Type
  - 9.1.2.6 Rest of Asia Pacific Airport Infrastructure Market Revenue and Forecasts to 2030 (US$ Mn)
    - 9.1.2.6.1 Rest of Asia Pacific Airport Infrastructure Market Breakdown by Airport Type
    - 9.1.2.6.2 Rest of Asia Pacific Airport Infrastructure Market Breakdown by Infrastructure Type

10. Industry Landscape

10.1 Overview
10.2 Market Initiative

11. Company Profiles

11.1 AECOM
- 11.1.1 Key Facts
- 11.1.2 Business Description
- 11.1.3 Products and Services
- 11.1.4 Financial Overview
- 11.1.5 SWOT Analysis
- 11.1.6 Key Developments
11.2 Turner Construction Co
- 11.2.1 Key Facts
- 11.2.2 Business Description
- 11.2.3 Products and Services
- 11.2.4 Financial Overview
- 11.2.5 SWOT Analysis
- 11.2.6 Key Developments
11.3 PCL Constructors Inc
- 11.3.1 Key Facts
- 11.3.2 Business Description
- 11.3.3 Products and Services
- 11.3.4 Financial Overview
- 11.3.5 SWOT Analysis
- 11.3.6 Key Developments
11.4 Hill International Inc
- 11.4.1 Key Facts
- 11.4.2 Business Description
- 11.4.3 Products and Services
- 11.4.4 Financial Overview
- 11.4.5 SWOT Analysis
- 11.4.6 Key Developments

12. Appendix

12.1 About The Insight Partners