Market Size of Middle-East And Africa Airport Ground Handling Systems Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 237.92 Million |
Market Size (2029) | USD 395.70 Million |
CAGR (2024 - 2029) | 10.71 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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MEA Airport Ground Handling Systems Market Analysis
The Middle-East and Africa Airport Ground Handling Systems Market size is estimated at USD 237.92 million in 2024, and is expected to reach USD 395.70 million by 2029, growing at a CAGR of 10.71% during the forecast period (2024-2029).
The ongoing construction and expansion activities related to several airports in the Middle East are expected to generate significant demand for ground-handling systems in the coming years. Also, countries in Africa have plans to enhance the passenger and cargo handling capacity of airports. This is likely to propel the growth of the market during the forecast period.
The growing emphasis on the modernization of ground handling systems to improve the reliability, safety, and efficiency of ground operations and aircraft handling is expected to propel the market in the years to come. Advancements in mechatronics and robotics, along with electrical and mechanical innovations, are expected to play a vital role in increasing the efficiency of ground handling operations in the airports in the region.
However, the inherent reluctance the adoption of new technologies among prospective customers and the high costs involved in procurement may prove to be challenging for the equipment suppliers in terms of pitching their innovative products in these turbulent seasons post-pandemic due to failing economies, rising inflation and a supply shortage. These factors may result in delays in the procurement of advanced systems, which may hamper the growth of the market during the forecast period.