Market Size of North America Aviation Infrastructure Industry
| Study Period | 2019-2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 122.11 Billion |
| Market Size (2029) | USD 149.86 Billion |
| CAGR (2024 - 2029) | 4.18 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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North America Aviation Infrastructure Market Analysis
The North America Aviation Infrastructure Market size is estimated at USD 122.11 billion in 2024, and is expected to reach USD 149.86 billion by 2029, growing at a CAGR of 4.18% during the forecast period (2024-2029).
A significant growth in terms of commercial aircraft operations, number of air traffic passengers as well as aviation infrastructure projects to meet future aviation requirements in the North American region will lead the market to grow significantly in the coming years.
A growing number of commercial aircraft operations coupled with increasing airport bottleneck issues will lead aviation authorities in the North American region to enter into partnerships with established infrastructure companies to ensure the development of sustainable airport infrastructure projects which are capable of handling future aviation requirements thereby driving the market in the long run.
On the other hand, factors such as stringent regulations imposed by the aviation authority will lead to hampering market growth in the long run. In addition, the growing usage of artificial intelligence as well as blockchain technologies will lead to increasing business opportunities for aviation infrastructure companies in North America thereby driving market growth in the coming years.
