Market Size of India Aviation Infrastructure Industry
| Study Period | 2019-2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 99.43 Billion |
| Market Size (2029) | USD 121 Billion |
| CAGR (2024 - 2029) | 4.00 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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India Aviation Infrastructure Market Analysis
The India Aviation Infrastructure Market size is estimated at USD 99.43 billion in 2024, and is expected to reach USD 121 billion by 2029, growing at a CAGR of 4% during the forecast period (2024-2029).
The Indian aviation infrastructure market is projected to grow significantly during the forecast period owing to the growth in the number of aviation operations and growing investments in commercial aircraft acquisitions by various airline companies. Such acquisitions have been mainly driven by the significant growth in terms of air traffic passengers within the country in recent years.
The introduction of new low-cost carrier airlines, such as Akasa Air, is expected to lead to the opening up of new routes and destinations within the country. Such opportunities are also anticipated to lead to a significant increase in the number of investments by airport authorities toward new airport construction/expansion programs in order to meet the future needs of the Indian aviation industry.
On the other hand, stringent regulations imposed by the Indian aviation authority are expected to hamper the growth of the market studied in the long run. The growth in the usage of artificial intelligence and blockchain technologies is expected to further increase the business opportunities for aviation infrastructure companies in India in the coming years.
