Lucintel's latest market report analyzed that airport serviceprovidesattractive opportunities in the hospitality event, cargo handling, and aircraft handling services. The airport servicemarket is expected to reach $369.3 billion by 2028 with a CAGR of 9.8%. In this market, hospitality event serviceand cargo handling service is the largest segment by service type. Dynamics of the airport service industry, include increasing trends of artificial intelligence in the air transport industry, introducing green gates to reduce emissions, introducing virtual technology to improve customer service, and increasing use of smartphone apps to helps the passenger for schedule planning provides strategic growth path in this market.

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Based on applications, the airport service market is segmented intoby hospitality event services, cargo handling services, aircraft handling and related services, other services. The safety and security segment accounted for the largest share of the market in 2022 and is expected to register the highest CAGR during the forecast period.

Browse in-depth TOC on “Airport ServiceMarket”

87 – Tables

111 – Figures

190 – Pages

The Airport ServiceMarket is marked by the presence of several big and small players. Some of the prominent players offering airport service include Fraport Frankfurt Airport Services Worldwide, Aeroports de Paris SA, Japan Airport Terminal Co. Ltd, BBA Aviation plc, Beijing Capital International Airport Co., Ltd, TavHavalimanlari Holding A.S, Sats Ltd, Auckland International Airport Limited, Flughafen Wien AG, and Malaysia Airports Holdings Berhad.

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