Europe MEA Aviation Infrastructure Market Size
| Study Period: | 2018 - 2028 |
| Fastest Growing Market: | Europe |
| Largest Market: | Europe |
| CAGR: | > 4 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Europe MEA Aviation Infrastructure Market Analysis
The Europe, Middle-East and African aviation infrastructure market is expected to register a CAGR of over 4% during the forecast period.
- The aviation sector remained as one of the best performing sectors for many countries in the EMEA region. The growth in the passenger traffic in the region forced the governments to increase their investments in the airport infrastructure, to make the airports highly adaptive and proactive to the ever-changing dynamics of the aviation industry.
- The advent of newer technologies and more efficient aviation equipment has necessitated the airport infrastructure modernization. The aviation authorities, especially in Middle-East and Europe, are focusing on the use of emerging technologies and newer processes to enhance the passenger experience both in the airports and on the aircraft.
Europe MEA Aviation Infrastructure Industry Segmentation
The study considers the planned investments for new airport construction, as well as the modernization of existing airports.
| Airport Type | |
| Commercial Airport | |
| Military Airport | |
| General Aviation Airport |
| Infrastructure Type | |
| Terminal | |
| Control Tower | |
| Taxiway and Runway | |
| Apron | |
| Hangar | |
| Other Infrastructure Types |
| Geography | |||||||||
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Europe MEA Aviation Infrastructure Market Trends
This section covers the major market trends shaping the Europe MEA Aviation Infrastructure Market according to our research experts:
The Construction and Expansion of Airports are Driving the Market
As several airports are projected to reach their maximum capacities in passenger handling during the forecast period, new airport expansion and construction activities are underway in the EMEA region, and the plans for several others are in the pipeline, which is expected to bolster the market prospects during the forecast period. With the growing emphasis on the concept of smart airports, the operators are investing in new and improved infrastructure. The evolution of technology has enabled the authorities to incorporate various advanced technologies, ranging from 5G wireless connectivity to biometric screening and baggage drop solutions, which enhance the passenger experience at the airports. Europe region made one of the highest investments in the world on airport construction and expansion activities in 2019. Even in Middle-East and Africa, several airport construction projects are underway in countries, including the Saudi Arabia, United Arab Emirates, Oman, Kuwait, Bahrain, Egypt, South Africa, Ethiopia, Democratic Republic of Congo, Cameroon, Tanzania, and Kenya, among others, to improve the safety, security, and operations of public transport hubs through strategic infrastructure investments and capacity planning, thereby driving the market for aviation infrastructure in the years to come.
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Europe is Expected to Register the Highest CAGR During the Forecast Period
During the forecast period, Europe is projected to dominate the market by registering the highest CAGR. The country also accounted for the highest market share in terms of geography in 2019. In 2019, 2.43 billion passengers traveled by air in the European region, which is a 3.2 % increase as compared to 2018. Major European airports, like London-Heathrow airport, Paris-CDG, Frankfurt airport, Amsterdam-Schiphol, Madrid Adolfo Suarez airport, Barcelona airport, Munich airport, and Rome-Fiumicino airport witnessed a huge surge in the number of air passengers in 2019. Correspondingly, several airport expansion and modernization plans are underway in the country. For instance, the Birmingham International Airport in the United Kingdom is undergoing a major terminal transformation and airfield reconfiguration, as a part of the airport’s 2018 Master Plan. The airport is self-financing the investment of about USD 650 million, mainly for improvement, modernization, and extension of the current facilities that will increase the airport’s annual passenger handling capacity to 18 million by 2033. Likewise, the construction of Terminal 3 at the Frankfurt Airport is underway and is expected to increase the passenger handling capacity of the airport by 21 million annually, by 2023. The approved budget amounts between EUR 3.5 and 4 billion and includes over 500 individual contracts to various companies. Such developments are expected to boost the market prospects of Europe during the forecast period.
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Europe MEA Aviation Infrastructure Industry Overview
The Europe, Middle-East and African aviation infrastructure market is fragmented, with many local as well international players providing various airport construction and infrastructure support services in the region. Bechtel Corporation, VINCI Airports, Skanska, Bouygues Construction, and Eiffage SA are some of the prominent players in the market studied. Airport construction companies are working closely with the airport authorities in understanding the requirements and barriers faced by the airports during operation, thereby ensuring smooth workflow during the construction activities. Construction companies are rapidly adopting advanced technologies, like augmented and virtual reality (VR), and small drones, among others, that can help them in reducing the time required to approve design changes and to better understand the bottlenecks in construction, which will help the growth of the players during the forecast period.
Europe MEA Aviation Infrastructure Market Leaders
Bechtel Corporation
VINCI Airports
Skanska
Bouygues Construction
Eiffage S.A.
*Disclaimer: Major Players sorted in no particular order
Europe MEA Aviation Infrastructure Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Market Drivers
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4.3 Market Restraints
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4.4 Porter's Five Forces Analysis
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4.4.1 Threat of New Entrants
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4.4.2 Bargaining Power of Buyers/Consumers
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4.4.3 Bargaining Power of Suppliers
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4.4.4 Threat of Substitute Products
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4.4.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 Airport Type
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5.1.1 Commercial Airport
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5.1.2 Military Airport
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5.1.3 General Aviation Airport
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5.2 Infrastructure Type
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5.2.1 Terminal
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5.2.2 Control Tower
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5.2.3 Taxiway and Runway
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5.2.4 Apron
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5.2.5 Hangar
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5.2.6 Other Infrastructure Types
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5.3 Geography
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5.3.1 Europe
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5.3.1.1 United Kingdon
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5.3.1.2 Germany
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5.3.1.3 France
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5.3.1.4 Russia
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5.3.1.5 Italy
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5.3.1.6 Denmark
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5.3.1.7 Rest of Europe
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5.3.2 Middle-East and Africa
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5.3.2.1 Saudi Arabia
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5.3.2.2 United Arab Emirates
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5.3.2.3 Egypt
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5.3.2.4 Qatar
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5.3.2.5 Rest of Middle-East and Africa
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6. COMPETITIVE LANDSCAPE
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6.1 Company Profiles
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6.1.1 Bechtel Corporation
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6.1.2 VINCI Airports
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6.1.3 Skanska
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6.1.4 Bouygues Construction
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6.1.5 Eiffage SA
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6.1.6 STRABAG International GmbH
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6.1.7 Balfour Beatty PLC
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6.1.8 Impresa Pizzarotti & C SpA
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6.1.9 BAM International
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6.1.10 Limak Construction
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6.1.11 TAV Construction
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6.1.12 BIC Contracting LLC
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6.1.13 ALEC Engineering and Contracting
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Europe MEA Aviation Infrastructure Market Research FAQs
What is the study period of this market?
The Europe, Middle-East and Africa Aviation Infrastructure Market is studied from 2018 - 2028.
What is the growth rate of Europe, Middle-East and Africa Aviation Infrastructure Market?
The Europe, Middle-East and Africa Aviation Infrastructure Market is growing at a CAGR of >4% over the next 5 years.
Which region has highest growth rate in Europe, Middle-East and Africa Aviation Infrastructure Market?
Europe is growing at the highest CAGR over 2018 - 2028.
Which region has largest share in Europe, Middle-East and Africa Aviation Infrastructure Market?
Europe holds highest share in 2021.
Who are the key players in Europe, Middle-East and Africa Aviation Infrastructure Market?
Bechtel Corporation, VINCI Airports, Skanska, Bouygues Construction, Eiffage S.A. are the major companies operating in Europe, Middle-East and Africa Aviation Infrastructure Market.
Europe, Middle-East and Africa Aviation Infrastructure Industry Report
Statistics for the 2023 Europe, Middle-East and Africa Aviation Infrastructure market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe, Middle-East and Africa Aviation Infrastructure analysis includes a market forecast outlook to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.
