Market Size of Europe, Middle-East And Africa Aviation Infrastructure Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 1.03 Billion |
Market Size (2029) | USD 1.27 Billion |
CAGR (2024 - 2029) | 4.42 % |
Fastest Growing Market | Europe |
Largest Market | Europe |
Major Players*Disclaimer: Major Players sorted in no particular order |
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EMEA Aviation Infrastructure Market Analysis
The Europe, Middle-East And Africa Aviation Infrastructure Market size is estimated at USD 1.03 billion in 2024, and is expected to reach USD 1.27 billion by 2029, growing at a CAGR of 4.42% during the forecast period (2024-2029).
The aviation sector remained one of the best-performing sectors for many countries in the EMEA region. The growth in 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 airport infrastructure modernization. The aviation authorities, especially in the 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.
On the other hand, the market is restrained by challenges such as limited funding for infrastructure development, regulatory complexities, and geopolitical uncertainties.