Latest research on South-East Asia Aviation Infrastructure Market report covers forecast and analysis on a worldwide, regional and country level. The study provides historical information of 2016-2021 together with a forecast from 2021 to 2025 supported by both volume and revenue (USD million). The entire study covers the key drivers and restraints for the South-East Asia Aviation Infrastructure market. this report included a special section on the Impact of COVID19. Also, South-East Asia Aviation Infrastructure Market (By major Key Players, By Types, By Applications, and Leading Regions) Segment’s outlook, Business assessment, Competition scenario and Trends. The report also gives 360-degree overview of the competitive landscape of the South-East Asia Aviation Infrastructure industries.
South-East Asia Aviation Infrastructure market is growing at a CAGR of 4% during the forecast period (2021-2025).
The South-East Asia Aviation Infrastructure market is highly competitive and consists of a number of major players. Top Companies like AECOM Limited, GMR Group, Groupe ADP, JGC Holdings Corporation, Megawide Construction Corporation, Mott MacDonald Group Limited, NEAPOLI Sdn Bhd, Ove Arup & Partners International Limited
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Furthermore, to broaden the understanding, researchers have studied the global South-East Asia Aviation Infrastructure market from a geographical point of view, considering the potential regions and countries. The regional analysis will assist the market players in making sound decisions regarding their future investments.
South-East Asia Aviation Infrastructure Market report includes the following geographic areas such as North America, Europe, China, Japan, Southeast Asia, India and ROW.
Scope of the Report
– The South-East Asian aviation industry is poised for rapid expansion with estimated delivery of around 3,000 new commercial aircraft by 2032. The impetus undertaken by the regional governments in the form of the ASEAN Single Aviation Market (ASAM) depicts the role of aviation in the economic development of the ASEAN Economic Community. Thus, a significant allocation of financial resources towards the development of critical aviation infrastructure is anticipated during the forecast period.
– However, currently, the investments in aviation infrastructure development are not at par with the required rate in most South-East Asian countries due to cost escalations and other development complexities that limit the growth of the market.
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Key Market Trends
Commercial Airport Segment to Dominate the Market During the Forecast Period
The rapid passenger growth in the region has resulted in several airports operating at their threshold capacity to facilitate the movement of aircraft, passengers, and freight. Besides, the introduction of ASAM could include the relaxation of bilateral agreements and the dropping of visa requirements will further ignite the development and enhance growth opportunities for the airlines and the airports. Thus, to cater to the burgeoning demand, all major airports in the region are planning or are now implementing bigger airport solutions involving either new runways or new passenger terminals. For instance, as of February 2019, Indonesia was planning to invest USD 7 billion towards the construction of a greenfield airport in Jakarta to support the growing demand for air travel in the country. The construction on the new terminal is scheduled to commence in 2021 and would be designed to effectively serve around 45 million passengers annually. Also, existing terminals in the country would be modernised to accommodate 25 million passengers each from almost nine million passengers per year.
Singapore to emerge as a Major Aviation Hub During the Forecast Period
The total fleet size of South-East Asia commercial airline operators is anticipated to witness a three-fold growth by 2039. Thus, the development of new airports in the region would be critical to foster the booming tourism sector. On this note, in April 2018, the Changi Airport Group (CAG) announced that Ove Arup & Partners International Limited, Mott MacDonald Group Limited, and Surbana Jurong Consultants have been contracted to provide full consultancy services for the design of the key structures including the main terminal building, satellite terminal building and ground transportation center at the Terminal 5 of the Changi Airport, slated to become operational by 2030.
What are the market factors that are explained in the report?
–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
–Analytical Tools: South-East Asia Aviation Infrastructure Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market.
The research includes historic data from 2015 to 2020 and forecasts until 2025 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
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