Airport Non-Aeronautical Revenue Market Demand, News and Report 2024

1. Downloaded from: justpaste.it/3ig4t Airport Non-Aeronautical Revenue Market Demand, News and Research 2024 Airport Non-Aeronautical Revenue Market size has the potential to grow by USD 46.93 billion during 2020-2024, and the market’s growth momentum will accelerate during the forecast period because of the steady increase in year-over-year growth. Get Report Sample: https://www.technavio.com/talk-to-us?report=IRTNTR43095&type=sample&src=report This report provides a detailed analysis of the market by service (concessionaires, parking and car rentals, land rental, terminal rent by airlines, and other services) and region (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market’s competitive landscape. It offers information on several market vendors, including Aena S.M.E. S.A., Aeroports de Paris SA, Airport Authority Hong Kong, Airports of Thailand Plc, Copenhagen Airports AS, Fraport AG, Heathrow (S.P.) Ltd., Japan Airport Terminal Co. Ltd., Korea Airports Corp., and Vinci SA. Market Competitive Analysis The airport non-aeronautical revenue market is fragmented and airports compete on the basis of brands, concessionaires, product quality, reliability, and cost. In order to survive and succeed in such an intensely competitive environment, it is crucial for vendors to provide high-quality and cost-effective services with the latest technology and materials. The growth of market vendors is dependent on market conditions, government support, and industry development. Thus, airports should focus on designing and implementing new strategies to discover new non-aeronautical sources. Aena S.M.E. S.A., Aeroports de Paris SA, and Airport Authority Hong Kong are some of the major market participants. Although the growing emphasis on value-added services will offer immense growth opportunities, the cost-intensive market penetration will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast- growing segments, while maintaining their positions in the slow-growing segments. To help clients improve their market position, this airport non-aeronautical revenue market forecast report provides a detailed analysis of the market leaders. It offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and provides information on the products offered by various companies. Moreover, this airport non-aeronautical revenue market analysis report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities. Airport Non-aeronautical Revenue Market: Key Drivers and Trends The growing emphasis on value-added services is one of the major factors driving the market growth. With the constant increase in passenger traffic, airport operators are developing airport terminals, and surrounding areas for commercial activities as these commercial activities attract passengers, thus enhancing the passenger travel

2. experience and increasing airport revenue. To improve the overall economy, countries across the globe are increasingly focusing on converting their international airports to business centers by developing museums and I.T. parks, which will also convert airports from being just infrastructures to commercial enterprises. Key airport non-aeronautical revenue market trends, such as the development of smart airport strategies, will also drive market growth. The smart airport approach involves the integration of all systems into one single digital grid, which allows the sharing of real-time information, resulting in enhanced operational efficiencies and superior passenger experience. As a result of such factors, the airport non-aeronautical revenue market will register a CAGR of over 9% by 2024.