Europe Airport Infrastructure Market Forecast to 2030
Europe Airport Infrastructure Market Forecast to 2030 – Regional Analysis – By Airport Type (Commercial Airport, Military Airport, and General Aviation Airport) and Infrastructure Type ( Terminal, Control Tower, Taxiway and Runway, Hangar, and Others)
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Description
Rising Investments in New Military Air Bases Fuel the Europe Airport Infrastructure Market
The evolving modern warfare scenario has compelled governments of various countries across the globe to assign significant funds and financial aid toward respective defense and military forces. The defense budget allocation supports army and military forces to purchase enhanced technologies and equipment from domestic or international developers. On the other hand, military and army vehicle upgrades are on the rise owing to growing defense budget allocation. Furthermore, the increasing governmental expenditure showcases the government’s focus on strengthening national security forces. For this, governments of various countries are taking several initiatives to deploy a huge number of military bases for ground, airborne, and naval operations. As per the Stockholm International Peace Research Institute (SIPRI), global military expenditure increased to US$ 2,148 billion in 2022, representing a 3.5% increase from 2021. For instance, the Russia military expenditure accounted for US$ 61,712.5, US$ 65,907.7, and US$ 86,373.1 for the years 2020, 2021, and 2022, respectively.
Europe Airport Infrastructure Market Overview
Regional airports are an important part of the air transport system in the European Union (EU). Airports are the drivers of socio-economic development and improve accessibility to certain places, those that are remote or not well served by other means of transportation. Sustainability measures, encompassing eco-friendly designs and energy-efficient practices, underscore a commitment to environmental responsibility. Pressure is growing on regional airports to become more environmentally friendly, particularly in the context of the Paris Agreement. The agreement aimed to maintain or limit global warming to below 2°C more than before industrialization, and the European Green Deal aimed to make Europe the first climate-neutral continent until 2050. Airport infrastructure development projects under construction include Son Sant Joan Mallorca Airport Redevelopment, which is expected to be completed in 2026.
Hence, Europe’s collective efforts in airport infrastructure expansion reflect a dedication to maintaining a competitive edge and ensuring seamless travel experiences amid evolving industry standards and passenger expectations. This is further anticipated to drive the growth of the market during the forecast period.
Europe Airport Infrastructure Market Revenue and Forecast to 2030 (US$ Million )
Europe Airport Infrastructure Market Segmentation
The Europe airport infrastructure market is segmented based on airport type, infrastructure type, and country. Based on airport type, the Europe airport infrastructure market is segmented into commercial airport, military airport, and general aviation airport. The commercial airport segment held the largest market share in 2022.
By infrastructure type, the Europe airport infrastructure market is segmented into terminal, control tower, taxiway and runway, hangar, and others. The terminal segment held the largest market share in 2022.
In terms of country, the Europe airport infrastructure market is categorized into Germany, the UK, France, Italy, Russia, and the Rest of Europe. Russia dominated the Europe airport infrastructure market share in 2022.
AECOM, Skanska AB, Tav Tepe Akfen Investment Construction & Operation Co Inc, PCL Constructors Inc, and Hill International Inc are some of the leading companies operating in the Europe airport infrastructure market.
Summary Info
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According to the Research Team’ research, the Europe airport infrastructure market was valued at US$ 20,000.57 million in 2022 and is expected to reach US$ 36,421.65 million by 2030, registering a CAGR of 7.8% from 2022 to 2030. Construction of new airports and vertiports as well as new airport terminals, runways, taxiways, and hangars are among the critical factors attributed to the Europe airport infrastructure market expansion.
Vertiports are centers for vertical takeoff and landing vehicles such as eVTOL vehicles, drones, and air taxis. The increasing demand for competent urban transportation and developments in eVTOL technology, and the shortage of available land to build conventional vertiports fuel the need for advanced vertiports. In 2023, Ferrovial Airports collaborated with Eve Air Mobility to develop vertiports for eVTOL aircraft. In 2022, The world’s first guidelines for the construction of vertiports-the ground infrastructure required for the safe operation of urban air mobility services like air taxis in sites throughout Europe, including urban areas-were released by the European Union Aviation Safety Agency
The growing demand for sustainable and low-carbon emission approaches in the aviation and logistics sectors boosts the demand for new airports for eVTOL aircraft. The advancement of vertiports can transform urban strategies for efficient and eco-friendly city transport or logistic modes. Air pollution, traffic congestion, and the high expenditure on infrastructure are among the major challenges for vertiport construction. To mitigate these issues, lower travel time, reduce carbon emissions, and improve accessibility, vertiports are one of the most promising solutions. Vertiports are similar to helipads but developed for a wider range of aircraft. Vertiports can be situated in any location, including parking spaces, rooftops, and a few public spaces. In addition, vertiports are landing pads, but they can be used for other services such as maintenance facilities, charging stations, and passenger amenities. Thus, the growing construction of new vertiports is expected to create new opportunities for the Europe airport infrastructure market growth in the coming years.
On the contrary, reducing number of flights in some specific airports to cut down noise pollution hampering the scope of airports expansion.
Based on airport type, the Europe airport infrastructure market is categorized into commercial airport, military airport, and general aviation airport. The commercial airport segment held 47.9% market share in 2022, amassing US$ 9,571.44 million. It is projected to garner US$ 17,668.58 million by 2030 to expand at 8.0% CAGR during 2022-2030.
By infrastructure type, the Europe airport infrastructure market is segmented into terminal, control tower, taxiway and runway, hangar, and others. The terminal segment held 45.6% share of Europe airport infrastructure market in 2022, amassing US$ 9,124.36 million. It is projected to garner US$ 16,690.19 million by 2030 to expand at 7.8% CAGR during 2022-2030.
In terms of country, the Europe airport infrastructure market is categorized into the Germany, France, Italy, the UK, Russia, and the Rest of Europe. Our regional analysis states that Russia captured 33.8% share of Europe airport infrastructure market in 2022. It was assessed at US$ 6,765.37 million in 2022 and is likely to hit US$ 11,912.25 million by 2030, exhibiting a CAGR of 7.3% during 2022-2030.
Key players operating in the Europe airport infrastructure market are AECOM, Skanska AB, Tav Tepe Akfen Investment Construction & Operation Co Inc, PCL Constructors Inc, and Hill International Inc, among others.
In November 2023, AECOM signed a memorandum of understanding with Boryspil International Airport to serve as a reconstruction delivery partner for the rebuilding of Boryspil International Airport and to support the wider aviation sector reconstruction in Ukraine.
o Highlights key business priorities in order to assist companies to realign their business strategies
o The key findings and recommendations highlight crucial progressive industry trends in the Europe Airport Infrastructure market, thereby allowing players across the value chain to develop effective long-term strategies
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
o Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the Europe Airport Infrastructure market, as well as those hindering it
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution.
1. Introduction
1.1 The the Reporting Teams Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Airport Infrastructure Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
5. Airport Infrastructure Market – Key Industry Dynamics
5.1 Airport Infrastructure Market – Key Industry Dynamics
5.2 Market Drivers
5.2.1 Construction of New Airport Terminals, Runways, Taxiways, and Hangars
5.2.2 Rising Investments in New Military Air Bases
5.3 Market Restraints
5.3.1 Reducing Number of Flights in Some Specific Airports to Cut Down Noise Pollution Hampering the Scope of Airports Expansion (in Short-Term Context)
5.4 Market Opportunities
5.4.1 Construction of New Airports and Vertiports
5.5 Future Trends
5.5.1 Rising Initiatives to Upgrade Military Airbases for Use of Commercial Aviation
5.6 Impact of Drivers and Restraints:
6. Airport Infrastructure Market -Europe Market Analysis
6.1 Airport Infrastructure Market Revenue (US$ Million), 2022 – 2030
6.2 Airport Infrastructure Market Forecast and Analysis
7. Europe Airport Infrastructure Market Analysis -Airport Type
7.1.1 Airport Infrastructure Market, By Airport Type (2022 and 2030)
7.2 Commercial Airport Market
7.2.1 Overview
7.2.2 Commercial Airport Market, Revenue and Forecast to 2030 (US$ Million)
7.3 Military Airport
7.3.1 Overview
7.3.2 Military Airport Market, Revenue and Forecast to 2030 (US$ Million)
7.4 General Aviation Airport
7.4.1 Overview
7.4.2 General Aviation Airport Market, Revenue and Forecast to 2030 (US$ Million)
8. Europe Airport Infrastructure Market Analysis -Infrastructure Type
8.1.1 Airport Infrastructure Market, By Infrastructure Type (2022 and 2030)
8.2 Terminal
8.2.1 Overview
8.2.2 Terminal Market, Revenue and Forecast to 2030 (US$ Million)
8.3 Control Tower
8.3.1 Overview
8.3.2 Control Tower Market, Revenue and Forecast to 2030 (US$ Million)
8.4 Taxiway and Runway
8.4.1 Overview
8.4.2 Taxiway and Runway Market, Revenue and Forecast to 2030 (US$ Million)
8.5 Hangar
8.5.1 Overview
8.5.2 Hangar Market, Revenue and Forecast to 2030 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others Market, Revenue and Forecast to 2030 (US$ Million)
9. Europe Airport Infrastructure Market -Country Analysis
9.1 Europe
9.1.1 Europe Airport Infrastructure Market Overview
9.1.2 Europe Airport Infrastructure Market Revenue and Forecasts and Analysis – By Country
9.1.2.1 Germany Airport Infrastructure Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.2.1.1 Germany Airport Infrastructure Market Breakdown by Airport Type
9.1.2.1.2 Germany Airport Infrastructure Market Breakdown by Infrastructure Type
9.1.2.2 France Airport Infrastructure Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.2.2.1 France Airport Infrastructure Market Breakdown by Airport Type
9.1.2.2.2 France Airport Infrastructure Market Breakdown by Infrastructure Type
9.1.2.3 Italy Airport Infrastructure Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.2.3.1 Italy Airport Infrastructure Market Breakdown by Airport Type
9.1.2.3.2 Italy Airport Infrastructure Market Breakdown by Infrastructure Type
9.1.2.4 UK Airport Infrastructure Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.2.4.1 UK Airport Infrastructure Market Breakdown by Airport Type
9.1.2.4.2 UK Airport Infrastructure Market Breakdown by Infrastructure Type
9.1.2.5 Russia Airport Infrastructure Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.2.5.1 Russia Airport Infrastructure Market Breakdown by Airport Type
9.1.2.5.2 Russia Airport Infrastructure Market Breakdown by Infrastructure Type
9.1.2.6 Rest of Europe Airport Infrastructure Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.2.6.1 Rest of Europe Airport Infrastructure Market Breakdown by Airport Type
9.1.2.6.2 Rest of Europe Airport Infrastructure Market Breakdown by Infrastructure Type
10. Competitive Landscape
10.1 Heat Map Analysis by Key Players
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
12. Company Profiles
12.1 AECOM
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Skanska AB
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Tav Tepe Akfen Investment Construction and Operation Co Inc
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 PCL Constructors Inc
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Hill International Inc
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
13. Appendix
13.1 About The the Reporting Teams
Table 1. Airport Infrastructure Market Segmentation
Table 2. Airport Infrastructure Market Revenue and Forecasts to 2030 (US$ Million)
Table 3. Airport Infrastructure Market Revenue and Forecasts to 2030 (US$ Million) -Airport Type
Table 4. Airport Infrastructure Market Revenue and Forecasts to 2030 (US$ Million) -Infrastructure Type
Table 5. Germany Airport Infrastructure Market Revenue and Forecasts to 2030 (US$ Mn) – By Airport Type
Table 6. Germany Airport Infrastructure Market Revenue and Forecasts to 2030 (US$ Mn) – By Infrastructure Type
Table 7. France Airport Infrastructure Market Revenue and Forecasts to 2030 (US$ Mn) – By Airport Type
Table 8. France Airport Infrastructure Market Revenue and Forecasts to 2030 (US$ Mn) – By Infrastructure Type
Table 9. Italy Airport Infrastructure Market Revenue and Forecasts to 2030 (US$ Mn) – By Airport Type
Table 10. Italy Airport Infrastructure Market Revenue and Forecasts to 2030 (US$ Mn) – By Infrastructure Type
Table 11. UK Airport Infrastructure Market Revenue and Forecasts to 2030 (US$ Mn) – By Airport Type
Table 12. UK Airport Infrastructure Market Revenue and Forecasts to 2030 (US$ Mn) – By Infrastructure Type
Table 13. Russia Airport Infrastructure Market Revenue and Forecasts to 2030 (US$ Mn) – By Airport Type
Table 14. Russia Airport Infrastructure Market Revenue and Forecasts to 2030 (US$ Mn) – By Infrastructure Type
Table 15. Rest of Europe Airport Infrastructure Market Revenue and Forecasts to 2030 (US$ Mn) – By Airport Type
Table 16. Rest of Europe Airport Infrastructure Market Revenue and Forecasts to 2030 (US$ Mn) – By Infrastructure Type
Figure 1. Airport Infrastructure Market Segmentation, By Country.
Figure 2. PEST Analysis
Figure 3. Ecosystem: Airport Infrastructure Market
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. Airport Infrastructure Market Revenue (US$ Million), 2022 – 2030
Figure 6. Airport Infrastructure Market Share (%) -Airport Type, 2022 and 2030
Figure 7. Commercial Airport Market Revenue and Forecasts to 2030 (US$ Million)
Figure 8. Military Airport Market Revenue and Forecasts to 2030 (US$ Million)
Figure 9. General Aviation Airport Market Revenue and Forecasts to 2030 (US$ Million)
Figure 10. Airport Infrastructure Market Share (%) -Infrastructure Type, 2022 and 2030
Figure 11. Terminal Market Revenue and Forecasts to 2030 (US$ Million)
Figure 12. Control Tower Market Revenue and Forecasts to 2030 (US$ Million)
Figure 13. Taxiway and Runway Market Revenue and Forecasts to 2030 (US$ Million)
Figure 14. Hangar Market Revenue and Forecasts to 2030 (US$ Million)
Figure 15. Others Market Revenue and Forecasts to 2030 (US$ Million)
Figure 16. Europe Airport Infrastructure Market, by Key Countries – Revenue (2022) (US$ Million)
Figure 17. Europe Airport Infrastructure Market Breakdown by Country (2022 and 2030)
Figure 18. Germany Airport Infrastructure Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 19. France Airport Infrastructure Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 20. Italy Airport Infrastructure Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 21. UK Airport Infrastructure Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 22. Russia Airport Infrastructure Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 23. Rest of Europe Airport Infrastructure Market Revenue and Forecasts to 2030 (US$ Mn)
Figure 24. Heat Map Analysis by Key Players
The List of Companies – Europe Airport Infrastructure Market
1. AECOM
2. Skanska AB
3. Tav Tepe Akfen Investment Construction & Operation Co Inc
4. PCL Constructors Inc
5. Hill International Inc
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