Airport Terminal Construction
The Airport Terminal Construction industry undertakes the necessary construction of airport terminals, including expansion, upgrades and renovation. Over the five years to 2017, rising demand for air travel has led to higher levels of capital investment in airport structures. Moreover, industry revenue is projected to grow at an even faster rate over the next five years. While federal funding for transportation is expected to remain flat in coming years, budget projections reveal that there will still be investments to modernize airport terminals and improve efficiency, safety and capacity. In addition, demand from domestic and international airports is anticipated to rise steadily, as consumer confidence and per capita disposable income continues to rise.
Operators in this industry construct airport terminals, with contractors specifically engaging in new terminal construction, reconstruction and additions. This industry also includes construction management companies and special trade contractors that participate in the building of airport terminals.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook