Market Size of North America Aviation Infrastructure Industry
![NAAviationMarket_Summary](https://www.mordorintelligence.com/images_db/RD_Images/1571046817657_NAAviationMarket_Summary.png)
Study Period | 2018 - 2028 |
Base Year For Estimation | 2021 |
Forecast Data Period | 2024 - 2028 |
Historical Data Period | 2018 - 2020 |
Fastest Growing Market | United States |
Largest Market | United States |
Major Players![]() *Disclaimer: Major Players sorted in no particular order |
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North America Aviation Infrastructure Market Analysis
The North America Aviation Infrastructure Market is anticipated to register a CAGR of over 4% during the forecast period.
- The air passenger traffic at airports in North America is experiencing accelerating growth which is generating the need for improvement and expansion of the existing airport infrastructure. Airport operators, in order to increase their passenger handling capacity, are investing in advanced systems and ground equipment for improved airport operations.
- Funding from the Federal Aviation Administration (FAA) to improve airport infrastructure is also supporting the growth of the market.
- Technological advancement and growing focus to shift towards smart airports will drive the market growth over the next decade.