Market Size of India Aviation Infrastructure Industry
| Study Period | 2019-2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 99.43 Billion |
| Market Size (2029) | USD 121 Billion |
| CAGR (2024 - 2029) | 4.00 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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India Aviation Infrastructure Market Analysis
The India Aviation Infrastructure Market size is estimated at USD 99.43 billion in 2024, and is expected to reach USD 121 billion by 2029, growing at a CAGR of 4% during the forecast period (2024-2029).
The Indian aviation infrastructure market is projected to grow significantly during the forecast period owing to the growth in the number of aviation operations and growing investments in commercial aircraft acquisitions by various airline companies. Such acquisitions have been mainly driven by the significant growth in terms of air traffic passengers within the country in recent years.
The introduction of new low-cost carrier airlines, such as Akasa Air, is expected to lead to the opening up of new routes and destinations within the country. Such opportunities are also anticipated to lead to a significant increase in the number of investments by airport authorities toward new airport construction/expansion programs in order to meet the future needs of the Indian aviation industry.
On the other hand, stringent regulations imposed by the Indian aviation authority are expected to hamper the growth of the market studied in the long run. The growth in the usage of artificial intelligence and blockchain technologies is expected to further increase the business opportunities for aviation infrastructure companies in India in the coming years.
India Aviation Infrastructure Industry Segmentation
The Indian aviation infrastructure refers to all the groups of constructions, passenger terminals, landing strips, taxiways, platforms, parking spaces, internal access roads, equipment and installations, and civil works which form part of the airports in India.
The Indian aviation infrastructure market is segmented based on airport construction type, airport type, and infrastructure type. By airport construction type, the market is segmented into greenfield airport and brownfield airport. By airport type, the market is segmented into commercial airport, military airport, and general aviation airport. By infrastructure type, the market is segmented into terminal, control tower, taxiway and runway, apron, hangar, and other infrastructure types. Other infrastructure types include maintenance facilities and fire and rescue facilities. The report offers the market size in value terms in USD for all the abovementioned segments.
| Airport Construction Type | |
| Greenfield Airport | |
| Brownfield Airport |
| Airport Type | |
| Commercial Airport | |
| Military Airport | |
| General Aviation Airport |
| Infrastructure Type | |
| Terminal | |
| Control Tower | |
| Taxiway and Runway | |
| Apron | |
| Hangar | |
| Other Infrastructure Type |
India Aviation Infrastructure Market Size Summary
The Indian aviation infrastructure market is poised for substantial growth over the forecast period, driven by an increase in aviation operations and significant investments in commercial aircraft by various airlines. The rise in air traffic within the country has been a key factor in this expansion. The entry of new low-cost carriers, such as Akasa Air, is expected to open new routes and destinations, prompting airport authorities to invest heavily in the construction and expansion of airports to accommodate future demand. However, the market's growth may be tempered by stringent regulations from the Indian aviation authority. Despite these challenges, the integration of artificial intelligence and blockchain technologies is anticipated to create new business opportunities for aviation infrastructure companies in India.
The terminal segment is expected to experience notable growth, with numerous airport terminal construction projects underway to meet the evolving needs of the aviation industry. The government's commitment to investing in airport infrastructure, including the development of greenfield airports, is set to further bolster the market. The expansion of airports in Tier 2 cities and the construction of new greenfield airports are part of the government's strategy to modernize the aviation sector. Major players in the market, such as GMR Infrastructure Limited, Adani Group, and Tata Sons Private Limited, are focusing on acquiring new contracts and developing smart airports to enhance their market share. These developments are crucial for the Indian aviation sector's performance in the coming years.
India Aviation Infrastructure Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Buyers/Consumers
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1.4.2 Bargaining Power of Suppliers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Airport Construction Type
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2.1.1 Greenfield Airport
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2.1.2 Brownfield Airport
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2.2 Airport Type
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2.2.1 Commercial Airport
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2.2.2 Military Airport
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2.2.3 General Aviation Airport
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2.3 Infrastructure Type
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2.3.1 Terminal
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2.3.2 Control Tower
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2.3.3 Taxiway and Runway
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2.3.4 Apron
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2.3.5 Hangar
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2.3.6 Other Infrastructure Type
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India Aviation Infrastructure Market Size FAQs
How big is the India Aviation Infrastructure Market?
The India Aviation Infrastructure Market size is expected to reach USD 99.43 billion in 2024 and grow at a CAGR of 4% to reach USD 121 billion by 2029.
What is the current India Aviation Infrastructure Market size?
In 2024, the India Aviation Infrastructure Market size is expected to reach USD 99.43 billion.
