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.
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 $201.6 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Airport Construction Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Airport Construction Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Airport Construction Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ 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.
Select Competitors (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
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISSOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
- 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
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 467 |
| Published | December 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 1.3 Trillion |
| Forecasted Market Value ( USD | $ 1.8 Trillion |
| Compound Annual Growth Rate | 4.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
