Increasing Air Passenger Traffic & Rising Air Cargo Volumes Drives the Global Airport Airside Services Market, According to a New Report by Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive global report on Airport Airside Services. The global market for Airport Airside Services is projected to exceed US$51 billion by 2020, driven by reviving aviation sector and the growing number of Low Cost Carriers (LCCs) in developing countries.

Airport Airside Services: A Global Strategic Business Report

Follow us on LinkedIn – Airport airside services refer to services rendered in areas accessible to aircraft such as taxiway, runways, and ramp. Ground handling services, including airport airside services, evolved over the years to become one of the most focused service areas in the aviation industry. Increase in business and leisure travel, expansion in the number of passenger seats by airline companies, ever growing air freight volumes, growing pressure to reduce plane parking time in the airport, and efficient use of scarce airport resources are driving growth in the airport airside services market. Increase in number of hub airports and growing number of airlines, especially LCCs, is also benefiting demand as efficient delivery of these services becomes a key performance deliverable for airline companies.

The rise in prices of aviation fuel and the growing pressure to cut airline costs is resulting in airline operators increasingly outsourcing airside jobs to third party service providers. Outsourcing of ground handling activities is poised to evolve into an important trend with independent service providers expected to corner a major share of the market in the coming years. Independent ground handling service providers offer unrivalled advantages over captive services offered by airline companies in terms of skilled manpower, necessary equipment, and required technical expertise. Key benefits include reduced costs and need for investments in infrastructure and equipment, and greater efficiencies. Outsourced airside services also make strong business sense for airlines having limited services at a particular location.

As stated by the new market research report on Airport Airside Services, the United States represents the largest market worldwide. Asia-Pacific is forecast to emerge as the fastest growing market with a projected CAGR of 5.8 % over the analysis period. Increasing aviation activity, growing focus on airport infrastructure development, strong economic growth, and vast expanse of land that necessitates extensive domestic travelling represents key growth drivers in the region.

Key players covered in the report include ACCIONA Airport Services, AeroGround Flughafen München GmbH, Aircraft Service International Group Inc [ASIG], Aloha Contract Services, Aviapartner, Baltic Ground Services UAB, DAL Global Services LLC, Dnata, Impel SA, Menzies Aviation PLC, National Aviation Services [NAS], SATS Ltd, Saudi Ground Services Company, Swissport International Ltd., Universal Aviation, and Worldwide Flight Services, among others.

The research report titled “Airport Airside Services: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of industry segments, trends, growth drivers, restraints, market share, market size, product launches, mergers, acquisitions and other strategic industry activities. The report provides market estimates and projections for Airport Airside Services for all major geographic markets including the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (Australia, China, India, Indonesia, Malaysia, South Korea and Rest of Asia-Pacific), Middle East (Saudi Arabia, UAE and Rest of Middle East), Latin America (Argentina, Brazil, Mexico and Rest of Latin America) and Africa. Service segments analyzed in the report include Ramp Handling and Others (Includes Fuel & Oil Handling, Aircraft Maintenance, and Catering Services among Others).

For more details about this comprehensive market research report, please click here

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
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