Airport Infrastructure Investment in India: A Growing Market with Significant Growth Prospects

Strategic Insights -

The aviation industry in India has experienced rapid growth over the past few years, driven by the government's open sky policy, increasing business opportunities, and growing tourism. According to a report by Research and Markets, the country's airport infrastructure investment market is expected to continue its upward trajectory, with leading players such as Jet Airways, Air India, Indigo, Spice Jet, and Go Air driving growth. The government's initiatives and new operating models of airlines are also expected to contribute to the dynamic growth of the airport infrastructure development in India.

Key Takeaways:

  • The Indian airport infrastructure spending market is expected to grow significantly, driven by the government's initiatives and increasing demand for air travel.
  • The report segments the market and identifies drivers and restraints, providing insights on trends, opportunities, and challenges.
  • Leading players in the industry include Jet Airways, Air India, Indigo, Spice Jet, and Go Air, which are expected to drive growth in the market.
  • The aviation industry in India has experienced rapid growth over the past few years, driven by the government's open sky policy and increasing business opportunities.
  • The government's initiatives and new operating models of airlines are expected to contribute to the dynamic growth of the airport infrastructure development in India.
  • Airports play a critical role in economic development, and their effective and efficient development and functioning are essential for the sustainable development of air transport and the economy.
  • The report provides a detailed analysis of the market size and growth prospects, as well as a comprehensive overview of the competitive landscape.

Statistics:

  • The Indian airport infrastructure spending market is expected to grow at a CAGR of 10% from 2015 to 2020.
  • The total addressable market (TAM) for airport infrastructure spending in India is estimated to be $13.4 billion by 2020.
  • The number of new airport projects in India is expected to increase from 20 in 2015 to 50 by 2020.
  • The government's initiatives and new operating models of airlines are expected to contribute to the dynamic growth of the airport infrastructure development in India, with a potential growth rate of 15% per annum.
  • Airports in India are expected to handle 350 million passengers by 2020, up from 150 million in 2015.

Sources:

  • Research and Markets, "Airport Infrastructure Investment in India (Infrastructure Investments, Projects, Airport, Airlines, & Associations) By Five Year Plans (12th Plan - 15th Plan)"
  • GlobeNewswire, "Research and Markets Announces the Addition of Airport Infrastructure Investment in India Report"