DUBLIN, June 15, 2023 /PRNewswire/ -- The "Aerotropolis: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Aerotropolis Market to Reach $7.4 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Aerotropolis estimated at US$3.5 Billion in the year 2022, is projected to reach a revised size of US$7.4 Billion by 2030, growing at a CAGR of 10% over the analysis period 2022-2030.
The U.S. Market is Estimated at $805 Million, While China is Forecast to Grow at 11.3% CAGR
The Aerotropolis market in the U.S. is estimated at US$805 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.1 Billion by the year 2030 trailing a CAGR of 11.3% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8% and 8.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 8.5% CAGR.
Looking Ahead to 2023
The global economy is at a critical crossroads with a number of interlocking challenges and crises running in parallel. The uncertainty around how Russia`s war on Ukraine will play out this year and the war`s role in creating global instability means that the trouble on the inflation front is not over yet. Food and fuel inflation will remain a persistent economic problem.
Higher retail inflation will impact consumer confidence and spending. As governments combat inflation by raising interest rates, new job creation will slowdown and impact economic activity and growth. Lower capital expenditure is in the offing as companies go slow on investments, held back by inflation worries and weaker demand. With slower growth and high inflation, developed markets seem primed to enter into a recession.
Fears of new COVID outbreaks and China's already uncertain post-pandemic path poses a real risk of the world experiencing more acute supply chain pain and manufacturing disruptions this year. Volatile financial markets, growing trade tensions, stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced.
Year 2023 is expected to be tough year for most markets, investors and consumers. Nevertheless, there is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Topics Covered:
MARKET OVERVIEW
- Impact of Covid-19 and a Looming Global Recession
- Aerotropolis Faces a Challenging Environment
- How Was the Aerospace Industry Impacted by the Pandemic & What's the New Normal?
- Aerospace Industry Recovery to Strengthen by 2022
- Global Airline Industry Market Reset & Trajectory - Market Size Outlook (In US$ Billion) For Years 2018 Through 2022
- Global Airlines Performance by Region: 2020 Vs 2019
- A Review of Impact on Airport Industry
- Global Passenger Lost Traffic (in %): Q1 2020 to Q4 2021
- Influencer Market Insights
- World Market Trajectories
- Aerotropolis - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- An Insight into the Concept of Aerotropolis
- Aerotropolises Set to Emerge as Economic Catalysts for Countries
- Challenges and Issues
- Market Outlook
- Factors Influencing Aerotropolis Investments
- Expanding Passenger Traffic and Airport Modernization Programs in Asia-Pacific to Drive Gains
- Asia-Pacific Hails Super Conscious Efforts to Lead Aerotropolis Development from Front
- China Remains at Epicenter of Aerotropolis Development
- Recent Market Activity
MARKET TRENDS & DRIVERS
- Surging Demand for Air Travel Drives Need for New Airport Construction and Expansion Projects
- Global Air Traffic Passenger Traffic Estimates and Forecasts in Billion for the Period 2015-2025
- Increase in Aircrafts in Operation and Number of Flights Undertaken by Airlines Drives Prospects
- Global Aircraft Fleet by Aircraft Type for the Years 2018 and 2038
- A Glimpse of Airport Construction Projects Scheduled for Conclusion in the Near Future
- Global Investments into New and Existing Airport Construction Projects in US$ Billion for the Years 2018-2022
- Select Airport Construction/ Expansion Projects in Asia-Pacific
- Airport Construction Projects in Latin America
- Aerotropolis Ambitious Projects in Key Regions
- Select Aerotropolis in Asia-Pacific
- Aerotropolis Playing an Important Role in Facilitating Trade
- Strive for Better Tourist Experience to Drive Aerotropolis Construction
- Air Travel Dominates International Tourism Industry: Breakdown of Tourism Market (in %) by Mode of Transportation for 2000 and 2025
- Tourism as a % of GDP for Popular Destinations
- International Tourism as Share of Total Tourism for Select Countries (in %)
- Pandemic Impact on Tourism Industry: A Review
- Global Tourism Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025
- E-Commerce Growth Spurs Industrial Development in the Aerotropolis Region
- Rise in Passenger Numbers to Drive Shift to Smart Aerotropolis
- Aerotropolis Development Using a Hybrid Model
- Growing Investments in Airport IT Infrastructure Drive Healthy Growth in Spending on Aerotropolis Projects
- Smart Cities to Fuel Investments in Aerotropolis Projects
- Smart Technologies Promote Diversification of Revenue Generation for Airport
- Rapid Urbanization & Expanding Middle Class: Megatrends Favoring Market Growth
FOCUS ON SELECT PLAYERS (Total 50 Featured)
- Austin Industries Inc.
- Balfour Beatty PLC
- Clark Construction Group, LLC
- HENSEL PHELPS
- Manhattan Construction Company
- McCarthy Building Companies, Inc.
- Skanska AB
- The Walsh Group Ltd.
- Turner Construction Company
For more information about this report visit https://www.researchandmarkets.com/r/mbtpg9
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