$194.4bn
$XX.Xbn
2m
31,670
$XX.Xbn
Airport operators have faced complex operating conditions in recent years. The pandemic completely disrupted operations in 2020, causing revenue losses of more than 50.0% in that year alone. As vaccinations began globally dispensing, air travel recommenced, growing substantially in recent years, but not enough to reach pre-pandemic levels. As a result, global airport revenue has been shrinking at a CAGR of 4.0% over the past five years and is expected to reach $194.4 billion in 2024 when revenue will rise an estimated 5.8%, continuing to benefit from rising travel activity.
Industry revenue has declined at a CAGR of 4.0 % over the past five years, to reach an estimated $194.4bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Groupe ADP | 6,366.3 | N/A | N/A | |
Fraport AG Frankfurt Airport Services Worldwide | 4,838.4 | N/A | N/A | |
The Port Authority of New York and New Jersey | 3,310.5 | N/A | N/A |
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Industry revenue is measured across several distinct product and services lines, including Aeronautical services: passengers, Aeronautical services: airlines and Nonaeronautical services: parking and ground transportation. Aeronautical services: passengers is the largest segment of the Global Airport Operation.
Passenger charges are the largest product segment for airport operators
The Global Airport Operation industry includes businesses that operate international, national or civil airports or public flying fields. It also includes operators that support airports, except special food services contractors, offering aircraft refueling, aircraft parking, hangar space rental, air traffic control services, baggage handling services, cargo handling services and other services. A fixed-base operator commonly provides these services.
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Revenue growth will slow in the coming years. Passenger recovery from the COVID-19 pandemic has mostly been completed, which will cause diminishing revenue expansion.
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Internal competition is low for airport operators. Many metropolitan areas are served by a small number of airports., leaving little room for additional competitors.
Learn about the performance of the top companies in the industry.
There are no major airport operators. They are often limited to one area, which limits market share.
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Capital intensity is very high. Airports require a large space and many capital outlays, including baggage equipment and many vehicles.
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Depreciation costs are massive for airport operators. There is a large amount of infrastructure and equipment required to efficiently run an airport.
Including values and annual change:
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Key data sources globally include:
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The market size of the Global Airport Operation industry in Global is $194.4bn in 2024.
There are 31,670 businesses in the Global Airport Operation industry in Global, which has grown at a CAGR of 1.4 % between 2019 and 2024.
The market size of the Global Airport Operation industry in Global has been declining at a CAGR of 4.0 % between 2019 and 2024.
Over the next five years, the Global Airport Operation industry in Global is expected to grow.
The biggest companies operating in the Global Airport Operation market in Global are Groupe ADP, Fraport AG Frankfurt Airport Services Worldwide and The Port Authority of New York and New Jersey
Operation and maintenance of airports and runways and Air traffic control are part of the Global Airport Operation industry.
The company holding the most market share in Global is Groupe ADP.
The level of competition is low and steady in the Global Airport Operation industry in Global.