Market Size of South-East Asia Aviation Infrastructure Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | > 4.00 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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South East Asia Aviation Infrastructure Market Analysis
The South-East Asian aviation infrastructure market is anticipated to register a CAGR of over 4% during the forecast period.
- The South-East Asian aviation industry is poised for rapid expansion with estimated delivery of around 3,000 new commercial aircraft by 2032. The impetus undertaken by the regional governments in the form of the ASEAN Single Aviation Market (ASAM) depicts the role of aviation in the economic development of the ASEAN Economic Community. Thus, a significant allocation of financial resources toward the development of critical aviation infrastructure is anticipated during the forecast period.
- However, currently, the investments in aviation infrastructure development are not at par with the required rate in most South-East Asian countries due to cost escalations and other development complexities that limit the growth of the market.
