Future of Airport Industry to 2030 Market

Future of Airport Industry to 2030 Market and Beyond

Report Code: AS 8940 Feb, 2024, by marketsandmarkets.com

Global Airport investment is estimated to reach USD 2,404 billion in 2040 from USD 200 billion in 2021, at a CAGR of 14.4%.

The growth in airport development is driven by a surge in global air passenger traffic spurred by economic expansion, a growing middle class in emerging economies, and more accessible air travel. Coupled with technological advancements, such as biometric security, digital boarding, and automated baggage handling, airports are compelled to modernize and expand their infrastructure. Additionally, the need for sustainable operations and enhanced passenger experiences further accelerates airport development, pushing for greener practices and more efficient, customer-centric services. These factors collectively underscore the dynamic evolution of airport infrastructure to meet future demands.

Future of Airports Study offers a forward-looking study into the evolving landscape of global aviation industry from 2021 to 2050. It presents a comprehensive analysis of the key trends shaping the future of airports, underpinned by substantial data, insights, and forward-looking projections.

Key Trends Highlighted in the Study:

  • Connected and Diverse Travelers: The study delves into the changing demographics and preferences of modern travelers, highlighting the emergence of micro-personas such as solo adventurers, digital influencers, and eco-conscious passengers. Case studies illustrate how airports are adopting personalized services, digital platforms, and tailored amenities to cater to this diversity, ensuring a seamless and enriched travel experience for all.
  • Cognitive Airports: A focus on airports becoming increasingly 'cognitive' through the use of AI, machine learning, and data analytics to optimize operations, enhance security, and improve passenger experiences. This section explores how airports are transforming into smart ecosystems capable of predictive analytics for crowd management, personalized communication, and automated services.

Future of Airport Industry to 2030 and Beyond

  • Emergence of Aerotropolis: The concept of aerotropolis is analyzed, showing airports as central hubs of economic and urban development. This trend is supported by examples of airports around the world that are integrating commercial, residential, and leisure facilities, creating synergistic communities centered around air travel connectivity.
  • Intermodal Transportation Integration: This trend emphasizes the importance of seamless connectivity between airports and other modes of transportation, such as rail, road, and maritime services. It examines successful models of intermodal transportation hubs that enhance accessibility, reduce carbon emissions, and improve the overall travel experience.
  • Revenue Shifts from Aero to Non-Aero: The report outlines the strategic shift in airport revenue generation, moving from reliance on aeronautical sources to diversifying into non-aeronautical streams, including retail, real estate, and hospitality. This section discusses the financial implications and opportunities for airports in developing comprehensive commercial ecosystems.
  • Autonomous Airport Technologies: An exploration of the adoption of autonomous technologies within airport operations, from self-driving shuttle buses to automated baggage handling systems. The study evaluates the impact on efficiency, safety, and passenger satisfaction, highlighting pioneering airports leading this technological shift.

Future of Airport Industry to 2030 and Beyond

  • Emergence of Net Zero Airports: Lastly, the study addresses the critical trend towards sustainability, with a focus on the aviation industry's efforts to achieve net-zero carbon emissions. It showcases innovative approaches to energy management, waste reduction, and sustainable construction practices, underlining the industry's commitment to environmental stewardship.

Future of Airport Industry to 2030 and Beyond

TABLE OF CONTENTS
 
1 KEY TRENDS TRANSFORMING AIRPORTS TO 2030 AND BEYOND 
 
2 CONNECTED, DIVERSE TRAVELERS 
    2.1 CONNECTED TRAVELERS 
    2.2 HETEROGENOUS CUSTOMERS 
    2.3 PASSENGER TYPES 
    2.4 PASSENGER GROWTH  
 
3 COGNITIVE AIRPORTS 
    3.1 5G AIRPORT 
    3.2 COGNITIVE AIRPORTS  
    3.3 METAVERSE 
 
4 AEROTROPOLIS 
    4.1 AIRPORT CITY 
    4.2 MOBILITY HUB 
    4.3 FUTURE VERTIPORTS 
    4.4 REVENUE SHIFT 
    4.5 AIRPORT OWNERSHIP SHIFT 
 
5 AUTONOMOUS AIRPORT 
    5.1 AUTONOMOUS SOLUTIONS 
    5.2 FUTURE SKILLS 
 
6 NET ZERO AIRPORT 
    6.1 TOP SUSTAINABLE AIRPORTS 
    6.2 AIRPORTS AS H2 HUBS 
 
7 KEY CHANGES BY 2030 
 
8 APPENDIX 

 

 


Request for detailed methodology, assumptions & how numbers were triangulated.

Please share your problem/objectives in greater details so that our analyst can verify if they can solve your problem(s).
9 8 8 6 2  
  • Select all
  • News-Letters with latest Market insights
  • Information & discussion on the relevant new products and services
  • Information & discussion on Market insights and Market information
  • Information & discussion on our events and conferences
    • Select all
    • Email Phone Professional and social network (Linkedin, etc)
Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

Request Customization
Report Code
AS 8940
Published ON
Feb, 2024
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Future of Airport Industry to 2030 Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
CUSTOMIZED WORKSHOP REQUEST
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2024 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status Website Feedback