Dublin, June 19, 2023 (GLOBE NEWSWIRE) -- The "Airport Construction: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Airport Construction estimated at US$1.3 Trillion in the year 2022, is projected to reach a revised size of US$1.8 Trillion by 2030, growing at a CAGR of 4.3% over the analysis period 2022-2030.
Greenfield Construction, one of the segments analyzed in the report, is projected to record a 5.2% CAGR and reach US$459.4 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Airport Replacement segment is readjusted to a revised 3.1% CAGR for the next 8-year period.
The U.S. Market is Estimated at $123.9 Billion, While China is Forecast to Grow at 7.2% CAGR
The Airport Construction market in the U.S. is estimated at US$123.9 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$201.6 Billion by the year 2030 trailing a CAGR of 7.2% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.7% and 2.7% respectively over the 2022-2030 period.
Within Europe, Germany is forecast to grow at approximately 2.6% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$535.8 Billion by the year 2030.
Select Competitors (Total 58 Featured) -
- AECOM
- Austin Industries
- Bechtel Corporation
- Fluor Corporation
- Hensel Phelps Construction Company
- Hill International, Inc.
- GMR Group
- Jacobs Engineering Group
- L&T Construction
- McCarthy Holdings, Inc.
- PCL Constructors, Inc.
- Skanska USA, Inc.
- Suffolk Construction
- Sundt Construction
- TAV Construction
- The Walsh Group
- Turner Construction Company
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 467 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $1.3 Trillion |
| Forecasted Market Value (USD) by 2030 | $1.8 Trillion |
| Compound Annual Growth Rate | 4.2% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- An Introduction to Airport Construction
- Airport Construction Market: Poised for STable Growth
- Global Economic Outlook: Implications for Airport Construction Market
- Global Economic Outlook: Real GDP Growth Rates in % by Country/Region for the Years 2017 through 2020
- Airport Construction - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Surging Demand for Air Travel Drives Need for New Airport Construction and Expansion Projects
- Demand Growth in Global Air Traffic Passenger Traffic for the Period 2006-2019
- Global Air Traffic Demand: Number of Air Passengers in Billion for the Years 2011 to 2025F
- Shift towards Larger Aircrafts, Increase in Aircrafts in Operation and Number of Flights Undertaken by Airlines: A Market Opportunity
- Global Aircraft Fleet by Aircraft Type for the Years 2018 and 2038
- Number of Flights Performed by Airline Industry Worldwide in Millions for the Years 2011, 2013, 2015, 2017 and 2019
- Increasing Investments into New Airport Constructions, Development Projects & Modernization Plans
- Global Investments into New and Existing Airport Construction Projects in US$ Billion for the Years 2018-2022
- Airport Improvement Projects: Percentage Breakdown of Global Investments for Improvement of Existing Airport by Type for the Period 2018-2022
- Airport Construction Projects Scheduled for Conclusion in the Near Future: A Review
- Existing Airport Construction Projects in Asia-Pacific
- New Airport Construction Projects in Asia-Pacific
- Existing Airport Construction Project in the United States
- Airport Construction Project in Latin America
- Number of Airports Worldwide with Paved Runways by Select Countries
- World's Largest Airport Construction Projects
- Airport Construction Projects Worldwide: Percentage Breakdown of Investment by Funding Type for the Year 2018
- Emergence of Smart Airports: An Opportunity for Growth
- Global Smart Airports Market: Annual Spending Figures in US$ Million by Geographic Region for the Years 2018 and 2024
- Latest Trends Promoting Airport Construction Efficiency
- Airports Embrace New Solutions to Integrate Technology into Construction Projects
- Technology Advancements in New Airport Terminal Projects
- Technology Integration at Airport and Terminal Construction Stages Offers Significant Advantages
- Engineered Fabric Buildings in Airport Construction
- Advantages of Engineered Fabric Structures
- Environmental Sustainability, Pollution and Waste from Airports: Major Concerns for Airports Worldwide
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/cmib9l
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