How big is the Airport Terminal Operations Market?

The Airport Terminal Operations Market size is expected to reach USD 7.96 billion in 2024 and grow at a CAGR of 9.95% to reach USD 12.79 billion by 2029. Read More

What is the current Airport Terminal Operations Market size?

In 2024, the Airport Terminal Operations Market size is expected to reach USD 7.96 billion. Read More

Who are the key players in Airport Terminal Operations Market?

SITA, Smiths Group, BEUMER Group GmbH & Co. KG, ADELTE GROUP S.L. and thyssenkrupp AG are the major companies operating in the Airport Terminal Operations Market. Read More

Which is the fastest growing region in Airport Terminal Operations Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Airport Terminal Operations Market?

In 2024, the Asia Pacific accounts for the largest market share in Airport Terminal Operations Market. Read More

What years does this Airport Terminal Operations Market cover, and what was the market size in 2023?

In 2023, the Airport Terminal Operations Market size was estimated at USD 7.17 billion. The report covers the Airport Terminal Operations Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Airport Terminal Operations Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Airport Terminal Operations Market - Size, Share & Industry Analysis

Airport Terminal Operations Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Airport Terminal Operations Market Report is Segmented by Operation Type (Terminal Infrastructure Maintenance and Upgrade, Passenger Screening, Catering and QSR, Smart Technologies, Baggage Screening, and Aircraft MRO) and Geography (North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa). The Report Offers Market Size and Forecast for all the Above Segments in Value (USD).

Airport Terminal Operations Industry Overview

The airport terminal operations market is fragmented, and the businesses are aligning their products and services to either be the best at one type of product or to become a full-service manufacturer and provider of security and detection products. Some major players in the airport passenger screening systems market are SITA, BEUMER Group GmbH & Co. K.G., ADELTE GROUP S.L., Smiths Group, and thyssenkrupp AG are some of the prominent players in the market studied.

These companies have expanded their presence in various regions through partnerships with airport authorities and airlines. For instance, in December 2022, TSA launched a high-tech baggage handling system at Denver International Airport. The Checked Baggage Inspection System (CBIS) features a complicated network of conveyor belts that sort and track the luggage through the security screening process at a potential cost of USD 160 million. As the market demand improves with the growth in passenger traffic, it is expected that the smaller players are expected to gain a competitive advantage to cater to customers’ needs.