Market Size of Business Jet Ground Handling Services Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 1.42 Billion |
| Market Size (2029) | USD 2.48 Billion |
| CAGR (2024 - 2029) | 11.87 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Business Jet Ground Handling Services Market Analysis
The Business Jet Ground Handling Services Market size is estimated at USD 1.42 billion in 2024, and is expected to reach USD 2.48 billion by 2029, growing at a CAGR of 11.87% during the forecast period (2024-2029).
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 services market during the forecast period.
Globally, charter activities are increasing and gaining momentum. The industry is flying high due to growth in the demand from the downstream markets. The growth in purchasing private and charter aircraft is expected to increase the demand for ground-handling services in the coming years. With the rise in fuel prices, FBOs face difficulty in offering discounts. Smaller players suffer the most during such instances and can incur huge losses. This may challenge the growth of the market studied in the coming years.
