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The Airport Infrastructure market encompasses all the physical and organizational structures, facilities, and systems required for the operation of airports and air traffic control services. This includes terminals, runways, aprons, taxiways, baggage handling systems, airport security, air traffic control towers, radar systems, navigation aids, and maintenance facilities. Investments in airport infrastructure are driven by various factors including advancements in technology, increasing passenger traffic, demands for improved security, and the need for enhanced operational efficiency to handle aircraft movements. Airports continuously upgrade and expand their infrastructure to accommodate growth in air travel, meet stricter safety standards, comply with environmental regulations, and improve the passenger experience. Air traffic control (ATC) also relies heavily on advanced technology for communication, navigation, and surveillance, requiring ongoing investments to ensure safe and efficient airspace management.
Some companies that are active in the Airport Infrastructure market and provide various services and products include Bechtel Corporation, Hensel Phelps, Turner Construction, AECOM, Skanska, GMR Group, Balfour Beatty, and Kiewit Corporation. These companies engage in the design, construction, and maintenance of airport facilities, and in some cases, they also offer specialized services in air traffic management systems and technology integration. Show Less Read more