Market Size of Europe Airport Ground Handling Systems Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 0.77 Billion |
| Market Size (2029) | USD 1.43 Billion |
| CAGR (2024 - 2029) | 13.17 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Europe Airport Ground Handling Systems Market Analysis
The Europe Airport Ground Handling Systems Market size is estimated at USD 0.77 billion in 2024, and is expected to reach USD 1.43 billion by 2029, growing at a CAGR of 13.17% during the forecast period (2024-2029).
The Europe Airport Ground Handling Systems Market size is estimated at USD 0.77 billion in 2024, and is expected to reach USD 1.43 billion by 2029, growing at a CAGR of 13.17% during the forecast period (2024-2029).
- The market is primarily driven by factors, such as the growing fleet of aircraft, to cater to the rise in the demand for air travel and the increasing need to avoid baggage handling and passenger handling delays to increase the operational efficiency of airports. Passenger traffic across the European airport network witnessed a 98% YoY growth in 2022, however, it was 21% below the pre-pandemic air passenger traffic in 2019.
- The increasing investments in airport infrastructure to increase the passenger and aircraft handling capacities through the expansion of existing airports and construction of new airports are anticipated to increase the flight frequency at airports, thereby, accelerating the growth of the market.
- The introduction of new eco-friendly ground handling systems may attract contracts from ground handling service providers to support the green airport initiatives of airport authorities.
