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Companiesandmarkets.com: Independent Service Providers Constitute around 40% of the Airport Airside Services Market

Dépèche transmise le 29 septembre 2011 par Business Wire

LONDON--(BUSINESS WIRE)--By 2017 it is anticipated that the world airport airside services market will be worth nearly $43 billion, according to a new report available on companiesandmarkets.com. This encouraging growth forecast is being attributed to rising levels of world trade and the gradual increase in passenger numbers, with the Middle East and Asia-Pacific driving the market forward.

Airport Airside Services: A Global Strategic Business Report

http://www.companiesandmarkets.com/Market-Report/airport-airside-services-a-global-strategic-business-report-693040.asp?prk=7c4ed5b510c1ffe12b50d9829eddaba2

Airport airside services refer to a range of activities, including ramp handling, baggage handling, freight and mail handling, others, fuel and oil handling, aircraft maintenance and catering services. This grouping of activities is also termed ground handling.

Over time, the ground handling sector has evolved to meet the needs of the ever-expanding global aviation industry. Those active in the market have had to establish complex networks, relationships and alliances with peers in other countries, as it is not possible for a single player to compete successfully.

The US is the largest airport airside services market, trailed by Europe and Asia-Pacific, which is set to benefit from rapid growth of 6% throughout the reporting period. This robust growth is being triggered by growing business interest in the markets of Australia, Singapore, China and India, as well as increased tourism, buoyed by the introduction of low-cost airlines in these regions.

The highly fragmented airport airside services market is comprised of hundreds of participants and while it has experienced some consolidation in recent years, M&A activity is expected to ramp up, as organisations jostle for business and to remain economically viable.

The August 2011 report examines the airport airside services market, referencing historical and forecast data for the period 2003-2017 for the US, Canada, Japan, Europe, France, Germany, UK, Spain, Rest of Europe, Asia-Pacific, Latin America, Africa, Caribbean and Middle East.

Nearly 200 industry participants are profiled within the airport airside services research report including: Aviapartner, Air BP Limited, Menzies Aviation PLC, SAS Ground Handling, Servisair, Worldwide Flight Services, Gate Gourmet, LSG Sky Chefs and SATS Ltd.

Report Details:

http://www.companiesandmarkets.com/Market-Report/airport-airside-services-a-global-strategic-business-report-693040.asp?prk=7c4ed5b510c1ffe12b50d9829eddaba2

Business Wire

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