An exciting new study from the team of Lucintel found that airport service market is expected to reach $206.9 billion by 2025 with a CAGR of 2.4%. There are significant money making opportunities available in thismarket and companies planning to enter this market need to differentiate in order to maximize their return on investment.
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The airport service market is segmented based on service type, and region. In this market,hospitality event service and cargo handling service is expected to remain the largest service type.Players can benefit from the available opportunities like removes air-service limitations between the countries, helping to drive tourism and the airport service industry.
Increasing trends of artificial intelligence in the air transport industry, introducing green gates to reduce emissions, introducing virtual technology to improve customer service, and increasing use of smartphone apps to helps the passenger for schedule planningare emerging trends having impact on dynamics of the industry.
Fraport Frankfurt Airport Services Worldwide, Aeroports de Paris SA, Japan Airport Terminal Co. Ltd, BBA Aviation plc, Beijing Capital International Airport Co., Ltd, TavHavalimanlari Holding A.S, Sats Ltd, Auckland International Airport Limited, Flughafen Wien AG, and Malaysia Airports Holdings Berhad.are some of the major players profiled in this 190 page report.
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Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the most promising, high-growth opportunities for the airport service market by service type [hospitality event services: (catering services, special passenger care services, passenger parking field, retail and duty-free, training, security services, and baggage handling segments), cargo handling services: (cargo operations and ground support services segment), aircraft handling and its related services: (operation of fueling, ramp services, runway maintenance, aircraft de-icing and others segment), and other services: (cabin cleaning and sanitary services, real estate development, and others)], and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3What are the business risks and threats to the airport servicemarket?
Q.4What are some changing demands of customers in the airport servicemarket?
Q.5What are the new developments in the airport servicemarket? Which companies are leading these developments?
Q.6What strategic initiatives are being implemented by key players for business growth?
Q.7What are some of the competitive products and processes in this airport servicearea and how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this airport servicemarket?
This unique report from Lucintelwill enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected]
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