The Impact of COVID-19 is included in Airport Service Market. Buy it today to get an advantage.
Request the impact of COVID-19 on your product or industry
The future of the global airport service industry looks promising with opportunities in the hospitality event, cargo handling, and aircraft handling services. The global airport service industry is expected to decline in 2020 due to global economic recession led by COVID-19. However, market will witness recovery in the year 2021 and it is expected to reach an estimated $206.9 billion by 2025 with a CAGR of 1% to 3% from 2020 to 2025. The major growth drivers for this market are rising air passenger traffic, opening of new airports, and expansion of new domestic and regional routes in the aviation market.
Emerging trends, which have a direct impact on the dynamics of the airport service industry, include increasing trends of artificial intelligence in the air transport industry, introducing green gates to reduce emissions, introducing virtual technology to improve customer service, and increasing use of smartphone apps to helps the passenger for schedule planning.
A total of 111 figures / charts and 87 tables are provided in this 190 -page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of this airport service market report, download the report brochure.
Airport service opportunities have evolved through number of stages as presented in figure below:
Evolution of Airport Service Opportunities