Skip to main content

Market Overview

The Global Airport Handling Services Market is Expected to Grow by $ 43.06 Billion During 2020-2024 at a CAGR of Over 5% |Technavio


NEW YORK, May 5, 2021 /PRNewswire/ -- 

The "Airport Handling Services Market by Service and Geography - Forecast and Analysis 2020-2024" report has been added to Technavio's offering.

The airport handling services market is poised to grow by USD 43.06 billion between 2020-2024, progressing at a CAGR of over 5% during the forecast period. 

Download FREE Sample Report in Minutes!

To increase the efficiency of ground handling operations, a collective pooling method is used which helps to procure airport equipment and store them centrally to lease them to ground handling service providers as per requirement. Ground handling equipment for different airport ground handling services is leased or owned by ground handlers and stored at airport terminals. When the number of stored ground handling equipment becomes greater than the actual requirement the storage costs for vendors increases. Hence, to ensure cost and capacity efficient airport operations, airports, airlines, and ground handlers are taking up initiatives such as collective pooling of airside equipment. Various benefits, including reduction of storage, maintenance and equipment purchasing expenditure, terminal stands congestion, and flight delays due to the unavailability of equipment can be enjoyed by the vendors by collective pooling of airside equipment. These factors will boost the growth of the airport handling services market.

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

View market snapshot before purchasing

52% of the market's growth will originate from APAC during the forecast period. China is the key market for airport handling services market in APAC. Market growth in this region will be faster than the growth of the market in other regions. The airport handling services market growth in APAC can be attributed to the increasing preference for air travel.

Know About the Key Opportunities and Growth of Airport Handling Services Market in Airport Services Industry

The airport handling services market is segmented by service (GSHS and CHS) and geography (APAC, North America, Europe, MEA, and South America).

Between the time of aircraft arrival and its departure, ground handling services comprise many services related to it. These services include passenger services, check-in services, airport lounges, shower and smoking facilities in selected lounges, internet connectivity, entertainment, and VIP handling services. Market growth in this segment will be slower than the growth of the market in the CHS segment.

The airport handling services market is concentrated and the vendors are deploying growth strategies such as product differentiation to compete in the market.

Key Market Dynamics:

Market Drivers

  • Increasing infrastructure developments in the aviation industry
  • Growing demand for outsourced ground handling services
  • Rise in the number of airline passengers

Market Challenges

  • Accidents and aircraft damages at airports due to human error
  • High market intensity leading to price cuts
  • Increasing number of HSR projects

Future Trends

  • Collective pooling of air side equipment
  • Growing market consolidations
  • Increasing adoption of technology

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports. Register for a free trial today and gain instant access to 17,000+ market research reports.

   Technavio's SUBSCRIPTION platform

Companies Mentioned

  • Celebi Hava Servisi AS
  • Delta Air Lines Inc.
  • Fraport Group
  • Signature Aviation plc
  • Swissport International AG
  • The Carlyle Group Inc.
  • The Emirates Group
  • Universal Weather and Aviation Inc.
  • Worldwide Flight Services Bangkok Air Ground Handling Co. Ltd.

Related Reports on Industrials Industry Include:
Fixed-Base Operators Market by Service and Geography - Forecast and Analysis 2021-2025: The fixed-base operators market size has the potential to grow by USD 16.80 billion during 2021-2025, and the market's growth momentum will decelerate at a CAGR of 13.86%. To get extensive research insights: Download Our Exclusive Sample Report

Aerospace Insurance Market by End-user, Insurance Type, and Geography - Forecast and Analysis 2020-2024: The aerospace insurance market size will decrease by USD 58.70 million during 2020-2024, and the market's growth momentum will accelerate during the forecast period. To get extensive research insights: Download Our Exclusive Sample Report

Travel Insurance Market by End-user and Geography - Forecast and Analysis 2021-2025: The travel insurance market has the potential to grow by USD 12.61 billion during 2021-2025, and the market's growth momentum will accelerate at a CAGR of 8.60%. To get extensive research insights: Download Our Exclusive Sample Report 

Key Topics Covered:

  • Executive Summary
  • Market Landscape
  • Market Sizing
  • Five Forces Analysis
  • Market Segmentation by Service
  • Customer landscape
  • Geographic Landscape
  • Vendor Landscape
  • Vendor Analysis
  • Appendix

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200


Cision View original content to download multimedia:

SOURCE Technavio

View Comments and Join the Discussion!
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at