Market Size of America Airport Ground Handling Systems Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 1.66 Billion |
| Market Size (2029) | USD 3.21 Billion |
| CAGR (2024 - 2029) | 14.20 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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America Airport Ground Handling Systems Market Analysis
The America Airport Ground Handling Systems Market size is estimated at USD 1.66 billion in 2024, and is expected to reach USD 3.21 billion by 2029, growing at a CAGR of 14.20% during the forecast period (2024-2029).
In the region, the growth in the demand for air travel and aerial connectivity has driven the airlines to introduce new routes and increase flight movements to cater to its growing demand. For instance, in 2022 the air passenger traffic in the Americas recorded approximately 1.37 billion, this was a growth of 6% compared to 2021, and compared to 2020 the growth was at 183% respectively. Additionally, new airport constructions and expansions are also propelling the demand for efficient ground-handling systems in America. Projects such as the John F. Kennedy International Airport new terminal one redevelopment, Reno-Tahoe International Airport expansion, Los Angeles International Airport, etc. are expected to generate a high demand for ground support equipment in the region. Furthermore, owing to the stringent emission norms and regulations, demand for electric ground handling systems is on the rise. Airports in the region are rapidly adopting equipment such as electric tugs, and electric tractors and this factor is significantly driving the market growth for airport ground handling systems.
