Airport Design Market Statistics, Trends, Size, Share, and Key Players by 2031

The Airport Design Market is expected to register a CAGR of 6.5% from 2024 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.

The report is segmented by Type (Interior Design, Exterior Design); Application (New Airport Construction, Renovation, Expansion). The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.

Purpose of the Report

The report Airport Design Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:

• Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
• Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
• Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.

Airport Design Market Segmentation

Type

• Interior Design
• Exterior Design

Application

• New Airport Construction
• Renovation
• Expansion

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Airport Design Market Growth Drivers

• Construction of New Airport Terminals, Runways, Taxiways, and Hangars: The rising global commercial aircraft fleet is one of the major factors generating the demand for new flights, terminals, runways, and hangars across different airports to cater to the growing passenger traffic worldwide. This also boosts the investments from airport authorities to upgrade their respective airport premises to cater to a larger number of aircraft, which also improves the overall airport’s operational efficiency. This is also backed up by the introduction of low-cost airlines that have supported air passenger traffic worldwide. In March 2023, the Canadian Kelowna City Council announced approval for funding of US$ 90 million for the expansion project of the Kelowna Airport terminal. Thus, the construction of new airport terminals, runways, taxiways, and hangars contributes to the growth of the airport design market across the globe.
  
• Passenger Growth and Air Travel Demand: As global air travel continues to recover and expand, driven by rising middle-class populations, tourism, and international business, there is an increasing need for airports to modernize and expand. This growing demand for passenger capacity and more efficient operations is a key driver for investment in new airport designs and infrastructure upgrades.Construction of New Airports and Vertiports : 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 2022, VPorts declared to establish a network of vertiports in Quebec and to form corridors between Quebec and the US specifically for eVTOL aircraft. In 2023, Ferrovial Airports collaborated with Eve Air Mobility to develop vertiports for eVTOL aircraft. 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. Thus, the growing construction of new vertiports is expected to create new opportunities for the airport design market growth in the coming years.

Airport Design Market Future Trends

• Rising Initiatives to Upgrade Military Airbases for Use of Commercial Aviation: Governments of several countries have been taking initiatives to allow their respective military airports for commercial aircraft landings and operations to provide better convenience for managing rising passenger traffic across different regions until new commercial airports are operational. A few other initiatives include upgrading selective military airports to hybrid airports. For instance, several military airports in the US such as AF Plant 42, Palmdale, CA; Barter Island LRRS, Barter Island; AK Charleston AFB, Charleston, SC; Dover AFB, Dover, DE; Eglin AFB, Valparaiso, FL; Grissom AFB, Peru, IN; and Kelly/Lackland AFB, TX allow joint-use of these existing military airports when a civil sponsor wants to use the military airfield for its landing or takeoff operations. Thus, rising initiatives to upgrade military airbases for the use of commercial aviation are anticipated to fuel the growth of the airport design market during the forecast period.
  
• Expansion of Air Cargo Infrastructure: With the rise of e-commerce and global trade, there is increasing demand for advanced air cargo facilities. This offers an opportunity for the airport design market to create specialized infrastructure that accommodates growing air freight volumes, incorporating efficient logistics systems, dedicated cargo terminals, and enhanced security features.

Airport Design Market Opportunities

• Rising Investments in New Military Air Bases: 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. For instance, in October 2022, the Government of India announced the construction of a new military air base in Gujarat state of Western India that is expected to reduce the long-pending strategic gap of 355km between the Bhuj and Uttarlai air bases. Thus, the rising investment in new military base development drives the airport design market.
  
• Smart Airports and Technology Integration: The trend towards "smart" airports is accelerating, with the integration of advanced technologies like biometric identification, AI-powered security systems, IoT for real-time monitoring, and automated check-in processes. These innovations enhance operational efficiency, improve passenger experience, and increase security and safety.

Airport Design Market Regional Insights

The regional trends and factors influencing the Airport Design Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Airport Design Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

Airport Design Market Report Scope

Airport Design Market Players Density: Understanding Its Impact on Business Dynamics

The Airport Design Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

Major Companies operating in the Airport Design Market are:

1. Arup
2. AVIC CAPDI
3. Deerns
4. Gold Mantis
5. HOK

Disclaimer: The companies listed above are not ranked in any particular order.

Key Selling Points

• Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Airport Design Market, providing a holistic landscape.
• Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
• Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
• Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.

The research report on the Airport Design Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.