Dublin, Jan. 15, 2025 (GLOBE NEWSWIRE) — The “Airport Construction – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
The global market for Airport Construction is estimated at US$1.3 Trillion in 2023 and is projected to reach US$1.8 Trillion by 2030, growing at a CAGR of 4.4% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the airport construction market is driven by several factors, including increasing global air traffic, advancements in construction and design technologies, and a heightened focus on sustainability and passenger experience. The surge in global tourism and the expansion of international trade have necessitated larger and more sophisticated airports. This demand encourages not only the construction of new airports but also the expansion and modernization of existing ones.
Technological advancements, particularly in building information modeling (BIM) and automated construction techniques, enable more precise and efficient construction processes, reducing costs and timelines while increasing safety. Moreover, the focus on sustainability is driving innovations in materials and building techniques that meet stricter environmental standards.
Additionally, as the economic impact of airports becomes more pronounced, with many serving as key drivers of local economies, there is a push to enhance the overall utility and attractiveness of airports as destinations themselves, incorporating extensive retail, dining, and even cultural experiences. This broad scope of influences ensures continuous investment and innovation in airport construction, aiming to accommodate the needs of modern travelers and economic demands.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Greenfield Airport Construction segment, which is expected to reach US$459.4 Billion by 2030 with a CAGR of a 5.3%. The Airport Replacement segment is also set to grow at 3.1% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $127.4 Billion in 2023, and China, forecasted to grow at an impressive 7.4% CAGR to reach $201.6 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Airport Construction Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Airport Construction Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Fluor Corporation, Jacobs Engineering Group Inc., Balfour Beatty PLC, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 467 |
| Forecast Period | 2023 – 2030 |
| Estimated Market Value (USD) in 2023 | $1.3 Trillion |
| Forecasted Market Value (USD) by 2030 | $1.8 Trillion |
| Compound Annual Growth Rate | 4.4% |
| Regions Covered | Global |
Key Topics Covered:
MARKET OVERVIEW
- An Introduction to Airport Construction
- Airport Construction Market: Poised for Stable Growth
- Airport Construction – Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
MARKET TRENDS & DRIVERS
- Surging Demand for Air Travel Drives Need for New Airport Construction and Expansion Projects
- Global Air Traffic Demand: Number of Air Passengers in Billion for the Years 2011 to 2025
- Shift towards Larger Aircrafts, Increase in Aircrafts in Operation and Number of Flights Undertaken by Airlines: A Market Opportunity
- Increasing Investments into New Airport Constructions, Development Projects & Modernization Plans
- Airport Construction Projects Scheduled for Conclusion in the Near Future: A Review
- Existing Airport Construction Projects in Asia-Pacific
- New Airport Construction Projects in Asia-Pacific
- Existing Airport Construction Project in the United States
- Airport Construction Project in Latin America
- Number of Airports Worldwide with Paved Runways by Select Countries
- World’s Largest Airport Construction Projects
- Airport Construction Projects Worldwide: Percentage Breakdown of Investment by Funding Type
- Emergence of Smart Airports: An Opportunity for Growth
- Latest Trends Promoting Airport Construction Efficiency
- Airports Embrace New Solutions to Integrate Technology into Construction Projects
- Technology Advancements in New Airport Terminal Projects
- Technology Integration at Airport and Terminal Construction Stages Offers Significant Advantages
- Engineered Fabric Buildings in Airport Construction
- Advantages of Engineered Fabric Structures
- Environmental Sustainability, Pollution and Waste from Airports: Major Concerns for Airports Worldwide
FOCUS ON SELECT PLAYERS(Total 58 Featured)
- Fluor Corporation
- Jacobs Engineering Group Inc.
- Balfour Beatty PLC
- Laing O`Rourke
- Burns & McDonnell
- GVK Industries Ltd.
- Tuv Sud AG
- Lendlease Corporation Limited
- Bechtel Corporation
- Clark Construction Group, LLC
- DPR Construction
- Holder Construction Group
- Turner Construction Company
- Reliance Infrastructure
- Dibble
For more information about this report visit https://www.researchandmarkets.com/r/4kw2mu
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- Global Airport Construction Market
