(MENAFN- GlobeNewsWire - Nasdaq) Key opportunities in the airport construction market include adoption of green construction technologies, smart airport projects, and investments in runway and terminal upgrades. Rising air traffic and smart airport solutions enhance operational efficiency. North America is the fastest-growing region, fueled by local innovations.Dublin, Jan. 19, 2026 (GLOBE NEWSWIRE) -- The "Airport Construction Market Report 2026" has been added to ResearchAndMarkets's offering.
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The airport construction market is witnessing substantial growth, projected to rise from $1.21 trillion in 2025 to $1.25 trillion in 2026, with a compound annual growth rate (CAGR) of 3.1%. This expansion is driven by increased international air travel, public-private partnerships, government initiatives for airport development, modernization of aging infrastructure, and expansion projects globally.
Looking ahead, the market is expected to reach $1.43 trillion by 2030, with a CAGR of 3.3%. Key factors contributing to this growth include the adoption of sustainable construction technologies, smart airport projects, mega airport construction, and investments in terminal and runway upgrades. Innovations such as modular construction techniques, prefabricated terminals, smart runway systems, advanced baggage handling, and eco-friendly materials are gaining traction in the industry.
The surge in global air traffic is poised to further propel the airport construction market. As economic expansion continues globally and the middle class grows, there is an increasing demand for air travel. This has resulted in more passengers and frequent flights, necessitating the expansion of runway and terminal capacities to manage higher flight volumes, reduce congestion, and enhance connectivity. According to Airports Council International, global passenger traffic hit 8.7 billion in 2023, marking a 30.6% increase compared to the previous year. This trend is likely to continue boosting airport construction efforts in the coming years.
Leading companies in the airport construction sector are focusing on smart airport solutions to elevate their market position. Notably, in November 2023, Huawei Technologies Co. Ltd. unveiled innovative smart airport solutions at the Airports Innovate Exhibition in Muscat, Oman. These include Fully Connected Fiber Network Solution, Smart Airport Perimeter Security with Fiber, and panoramic smart airport platforms, designed to enhance efficiency, security, and passenger experience globally.
In a notable acquisition, AviAlliance acquired AGS Airports in January 2025 for an enterprise value of £1.53 billion ($1.78 billion), aiming to expand its global airport portfolio, boost regional connectivity, and improve passenger services in the UK.
The Asia-Pacific region was the largest segment of the market in 2025, with North America forecasted to be the fastest-growing region. Key industry players include China State Construction Engineering Corporation, Vinci Construction, Hochtief AG, and Bechtel Corporation, among others. Other regions covered in this growth include South East Asia, Western and Eastern Europe, South America, the Middle East, and Africa.
However, global trade relations and tariffs have impacted project costs, leading to increased expenses for imported construction equipment and smart infrastructure components. These changes have prompted increased local manufacturing, spurred domestic investment, and driven innovation in sustainable construction solutions.
Despite challenges, the airport construction market remains robust, offering numerous opportunities for growth and innovation. A detailed market research report provides in-depth analysis, including global market size, shares, competitor analysis, market trends, and opportunities, offering a comprehensive outlook on the industry's future.
The market continues to evolve with technological advancements in security, communication, and control systems applied across various airport zones. Countries included in the market report encompass Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, USA, Canada, Italy, and Spain, reflecting the global nature of the airport construction industry.
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