Airport Construction and Design Market Size, Share, Growth, And Industry Analysis, By Type (Design-Build Services and Construction Services), By Application (Civil Airport, Heliport, Seaplane Bases and Others), Regional Forecast 2022 to 2028

Updated On: 08 April 2024

Airport Construction and Design Market Report Overview

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The global airport construction and design market size expanded rapidly in 2021 and the market is expected to generate substantial revenue by 2028, a robust CAGR during the forecast period. The sudden rise in CAGR is attributable to the market’s growth and demand returning to pre-pandemic levels once the pandemic is over.

The construction and expansion of amenities and infrastructure, as well as the design and development of the physical characteristics and layout of an airport, are referred to as airport construction and design. These can include entrances, aprons, ramps, air traffic management towers, terminals, runways, navigational aids, and other essential buildings and infrastructure. This is done in order to give both passengers and staff a comfortable and convenient experience, as well as a safe and effective environment for aircraft operations.

The total number of passengers flying has increased dramatically as a result of rising globalization and the quickly growing tourism sector, which is driving up the need for airports. Air traffic has also risen as a result of the creation of additional regional and domestic flights and destinations. A significant part of the expansion of the airport construction and design business is predicted to be played by the expanding government initiatives targeted at upgrading airport layout and the increasing restoration efforts of the existing airports.

COVID-19 Impact: Significant Drop in Air Travel Slowed Down the Development of New Airports

The COVID-19 epidemic has significantly impacted the airport construction and design sector. The worldwide shutdown and transportation restrictions have led to a significant drop in air travel, which has slowed the advancement of new airport projects. The epidemic impacted the distribution network, causing delays and higher prices for airport construction. Additionally, due to the epidemic, there was a decline in demand for additional airport facilities. However, it is projected that as the globe recovers from the upheaval and air travel consumption picks up in the medium to longer term, the airport construction sector will rebound.

Latest Trends

"Advancement in Technology are Heavily Influencing the Development of the Aviation Sector"

The industry of airport construction and design is continually changing. For instance, technological advancements are causing the process of designing airports to become more automated and digitalized. BIM software, drones, and other technological devices are used in this process to increase accuracy and efficiency. In addition, there is a move toward the creation of smart terminals, which employ technology to enhance the effectiveness and comfort of airport services. Using automated check-in and luggage handling systems, biometric authentication, and real-time travel information monitors are instances of this. These trends are influencing the development of the airport construction sector and are predicted to keep it growing and innovating.

Airport Construction and Design Market Segmentation

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• By Type Analysis

According to type, the market can be segmented into Design-Build Services and Construction Services

• By Application Analysis

Based on application, the market can be divided into Civil Airport, Heliport, Seaplane Bases and Others

Driving Factors

"Growing Investment and Need to Upgrade Facilities are Driving the Expansion of the Industry "

The post-pandemic period will see an expected rebound in air traffic, which will force the aviation sector to concentrate on building new airports and expanding current airports in order to alleviate congestion issues. The rapidly expanding passenger and freight activity will be addressed with a sizable percentage of airport investment capital, with the remainder going toward airport design. In addition to the need to meet the increasing demand for air travel, an important element driving the expansion of the airport construction and design sector is the requirement to upgrade deteriorating facilities.

"Growing Focus on Customer Comfort and Expanding Middle Class Encourages New Airport Constructions"

The demand for airport amenities that provide a high degree of ease and efficiency is being driven by an increasing focus on improving the customer experiences in airport design. In addition, the expanding middle class in developing markets is fueling demand for air travel and encouraging the construction of new airport infrastructure in these areas. The airport construction and design market growth is expanding as a result of these reasons, and this trend is predicted to continue in the years to come.

Restraining Factors

"Technical Challenges and Resistance from Political Parties are Factors Hindering Market Growth"

The development of the airport construction and design business is being constrained by a number of problems. The development may be hampered by technical problems associated with the building and architecture of airports, including the requirement to navigate mountainous circumstances, the need to reduce harmful emissions, and the necessity to preserve security and safety. Additionally, social and political resistance to the development of additional airports may restrain the market's expansion since community and environmental organizations may express worries about the effects of such facilities on nearby populations and the ecosystem.

Airport Construction and Design Market Regional Insights

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"Expanding Middle Class and Federal Programs are Promoting the Asia Pacific Regional Market "

The expanding middle class, rising air transport need, and federal programs to assist growth in the economy are some of the causes that have made the Asia Pacific area the industry leader in airport building and design. Countries such as India, China, and Southeast Asian nations are driving expansion in the region of Asia Pacific and are anticipated to keep playing a significant role in the airport industry in the years to come. These factors are aiding the region to hold the largest airport construction and design market share.

Key Industry Players

"Key Players are Investing in R&D to Increase their Market Share and Gain a Competitive Advantage "

The major companies in the airport construction and design sector are making multiple moves to improve their share of the market. They include cooperative bidding and project execution for airport creative projects with other industry members through strategic alliances and collaborations. Additionally, businesses are spending money on development and research to create cutting-edge airport solutions that will improve traveler satisfaction, increase security and safety and save costs. Additionally, businesses are growing their offerings to include program management, architecture, and building as part of a complete package of airport design services. These tactics are assisting businesses in maintaining their competitiveness in a market that is changing quickly.

List of Market Players Profiled

• Doran Consulting (U.K.)
• GMR Group (India)
• Treeland Builders (India)
• Fosroc (India)
• AFCO (U.S.)
• Hensel Phelps (U.S.)
• AECOM (U.S.)
• Turner Construction (U.S.)

Report Coverage

This report covers the airport construction and design market. The effect COVID-19 had on the market in the beginning of the pandemic. The latest trends taking place in this industry. The factors that are driving this market as well as the factors that are restraining the growth of industry. The segmentation of this market based on type and applications. The region leading in the industry and why they will continue to do so during the forecast period. Further, the key market players, what all is being done by them to stay ahead of their competition as well as retain their market positions. All these details are covered in the report.