Market Size of Airport Ground Handling Systems Industry
| Study Period | 2024 - 2029 |
| Market Size (2024) | USD 4.52 Billion |
| Market Size (2029) | USD 8.44 Billion |
| CAGR (2024 - 2029) | 13.33 % |
| Fastest Growing Market | North America |
| Largest Market | Asia Pacific |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Airport Ground Handling Systems Market Analysis
The Airport Ground Handling Systems Market size is estimated at USD 4.52 billion in 2024, and is expected to reach USD 8.44 billion by 2029, growing at a CAGR of 13.33% during the forecast period (2024-2029).
The aviation sector has been affected greatly due to the slump in demand among travelers and the travel restrictions imposed by many countries due to the COVID-19 pandemic. As aircraft movements decreased, the demand for airport ground handling services was significantly affected, affecting the airport ground handling systems market in 2020. However, the notable increase in passenger traffic and aircraft movements in 2021 supported the revival of the ground handling systems market.
With air travel gradually returning to pre-COVID levels, delivering new aircraft, introducing new routes, and increasing flight movements are resuming. This is anticipated to drive the investments of airport ground handlers into new-generation ground support systems that reduce the turnaround time of the aircraft.
The construction of new airports, expansion of existing airports to increase passenger and cargo handling capacities, and privatization of airports are expected to drive the growth of the airport ground handling systems market during the forecast period. The current plans of airports to decrease their carbon footprint has accelerated the deployment of electric ground handling equipment and the integration of advanced technologies like automation systems ramp and cargo handling operations. Such green initiatives by airport operators are expected to accelerate the market's growth in the coming years.
