America Airport Ground Handling Systems Market Growth, Trends, and Forecasts Report 2020-2025 - ResearchAndMarkets.com
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The America airport ground handling systems market is expected to exhibit a growth rate of more than 6% during the forecast period.
The growth in air passenger and cargo traffic in the region is propelling the demand for efficient ground handling systems in the region. According to ICAO, in 2018, the revenue passenger-kilometres (RPK) in North America and Latin America grew by 4.7% and 7.7% respectively. The freight tonne-kilometres grew by 5.9% and 6% in North and Latin America.
The development of new airports and the expansion of existing ones is significantly driving the market growth in the region. Projects such as the Baltimore-Washington International airport expansion project, New Sao Paulo airport project, etc. are expected to generate a high demand for ground support equipment in the region.