Search and Filter Through Our Comprehensive Database of Airport Terminal Facility Projects and Tenders.
Identify and track latest global airport terminal facility projects (upcoming, ongoing/under-construction, completed), tenders, and contract awards. Our extensive database and user-friendly interface make it easy for you to find the right business opportunity.
Global Airport Terminal Facility Industry Analysis
The aviation industry is experiencing rapid growth, fueled by increasing passenger numbers, expanding economies, and a greater need for efficient and modern infrastructure. This unprecedented growth has necessitated the construction of new airport terminals and the expansion of existing ones around the world. In this article, we delve into the current scenario of the global airport terminal projects industry, the construction of new projects, major drivers, and the industry's outlook.
The demand for new and expanded airport terminals has led to a boom in the global airport terminal projects industry. The surge in air travel, coupled with technological advancements and a focus on passenger experience, has given rise to numerous projects across the globe. Some of the most significant airport terminal projects currently underway include:
Istanbul New Airport, Turkey: Opened in 2018, Istanbul's new airport is planned to become the largest in the world, with a capacity of 200 million passengers per year when fully completed. The ongoing expansion of the airport aims to establish Istanbul as a major global aviation hub.
Beijing Daxing International Airport, China: This airport, opened in 2019, is projected to become one of the busiest in the world. The starfish-shaped terminal, designed by the late Zaha Hadid, aims to ease congestion at the existing Beijing Capital International Airport and accommodate China's growing air traffic.
Western Sydney Airport, Australia: Expected to open in 2026, this airport aims to serve the growing population of Western Sydney and provide a much-needed economic boost to the region. The terminal will initially have a capacity of 10 million passengers per year, with plans to expand in the future.
Several factors are driving the growth of the global airport terminal projects industry:
Rising Passenger Numbers: The International Air Transport Association (IATA) predicts that the number of air passengers will nearly double by 2037. This increase in air travel necessitates the construction and expansion of airport terminals to accommodate the growing number of travelers.
Economic Growth: Expanding economies, particularly in developing countries, are fueling the demand for more airport terminals. As GDP and income levels rise, more people can afford to travel by air, leading to increased air traffic and the need for additional infrastructure.
Tourism: The tourism industry plays a significant role in driving airport terminal projects, as nations seek to capitalize on the economic benefits of attracting international travelers. Countries are investing in modern and efficient airport terminals to enhance the overall visitor experience.
Technological Advancements: With an increasing focus on automation, sustainability, and passenger experience, airports are adopting state-of-the-art technologies to improve efficiency and attract travelers. The demand for modern and technologically advanced airport terminals is driving the construction of new projects.
The global airport terminal projects industry is expected to continue its upward trajectory in the coming years. According to a report by Research and Markets, the airport construction market is projected to grow at a CAGR of 5.3% between 2021 and 2026. Several factors contribute to this positive outlook, including the ongoing recovery of the aviation industry from the COVID-19 pandemic, continuous growth in passenger numbers, and the need to replace or upgrade aging airport infrastructure.
In addition, emerging markets in regions such as Asia-Pacific, the Middle East, and Africa are expected to drive much of the industry's growth. These regions are witnessing rapid economic development, population growth, and increased urbanization, all of which contribute to the demand for new and expanded airport terminals.
The global airport terminal projects industry is experiencing significant growth, driven by factors such as rising passenger numbers, economic growth, tourism, and technological advancements. With the ongoing construction
Looking for a List of Global Airport Terminal Facility Projects?
Are you searching for airport terminal facility projects and tenders around the world? Look no further.
We have compiled the most comprehensive and up-to-date database of airport terminal facility to quickly find opportunities needing your services.
Blackridge Research's government (administrative) building facility project database is a valuable resource for EPC companies, general contractors, subcontractors, manufacturers, suppliers, operation & maintenance (O&M) companies, investors, consulting companies, and law firms looking for new business opportunities.
Our database includes all the essential project details, including contact information of project owners and stakeholders, making it easy for you to establish your connection and grow your business.