Press Release

Airport Modernization Market is Expected to grow at a robust CAGR of 5.89% through 2030F

The increasing global Airport Modernization market is driven by the emergence of smart airports through IoT and AI Integration, rise of contactless technology and seamless travel experience during the forecast period 2026-2030F.


According to TechSci Research report, “Airport Modernization Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2020-2030F”, The Global Airport Modernization Market was valued at USD 38.56 Billion in 2024 and is expected to reach USD 54.85 Billion by 2030 with a CAGR of 5.89% during the forecast period. One of the most prominent trends in airport modernization is the evolution toward smart airports—facilities that use digital technologies like IoT, AI, big data, and cloud computing to enhance operational efficiency and passenger experience. Airports are deploying IoT sensors for real-time monitoring of baggage movement, HVAC systems, lighting, passenger flow, and energy consumption. These interconnected systems allow airport operators to optimize resource utilization, reduce downtime, and enable predictive maintenance. AI algorithms are also being used to analyze flight data, predict passenger volumes, and automate decision-making processes such as gate assignments and security staffing. For instance, some airports use AI-driven queue management systems that predict congestion and reroute passengers accordingly. Facial recognition and video analytics powered by AI are being used for both security surveillance and automated boarding. The convergence of IoT and AI is transforming traditional airports into intelligent ecosystems capable of self-monitoring and autonomous response. This shift is especially visible in technologically advanced airports in Singapore, South Korea, the UAE, and parts of Europe. As more airports upgrade, the demand for integrated platforms and AI-enabled applications is becoming a standard feature in modernization projects.

The post-pandemic world has accelerated the adoption of contactless technologies across the aviation sector. Airports are prioritizing systems that reduce human interaction and physical touchpoints. Biometric solutions like facial recognition and iris scanning are now integrated into check-in, security, boarding, and immigration processes to enable a seamless passenger journey. Mobile-based self-check-in, e-gates, digital boarding passes, and contactless payment systems are now widely implemented. Airlines and airports are collaborating to deploy end-to-end biometric journeys, wherein passengers can move through the airport using only their face as identification. For example, major airports in Dubai, Amsterdam, and Atlanta now offer biometric boarding and self-service immigration. This trend not only boosts passenger convenience but also improves operational throughput by reducing queues and manual verification. With global travelers now expecting a touchless experience, contactless innovation has become a core element of airport modernization strategies. The shift is also driving demand for advanced IT infrastructure, cybersecurity, and data analytics solutions that support seamless integration across platforms and devices.

 

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Based on infrastructure type, runway & taxiway modernization is the fastest growing segment in the global Airport Modernization market during the forecast period, driven by the increasing need for enhanced safety, operational efficiency, and capacity management. As global air traffic continues to surge, the demand for upgraded runways and taxiways is becoming critical to minimize congestion, reduce delays, and support larger aircraft operations. Many airports worldwide operate with aging runway infrastructure that cannot efficiently accommodate modern aircraft fleets or handle growing traffic volumes. Upgrades often include resurfacing, runway extensions, strengthening of pavements, and improved lighting and signage systems. In addition, the modernization of taxiways—such as the development of parallel taxiways, rapid-exit taxiways, and holding bays—helps reduce aircraft taxi times and fuel consumption, contributing to cost savings and environmental sustainability. Advanced technologies are also being integrated into runway and taxiway systems. For example, LED-based lighting, runway status lights, and surface movement guidance systems (SMGS) enhance visibility and safety, particularly in low-visibility conditions. Further, the integration of ground radar systems and surface detection equipment helps prevent runway incursions and collisions, which are significant safety concerns at high-traffic airports.

Airports in regions like North America, Europe, and Asia-Pacific are allocating substantial portions of their infrastructure budgets to airside development projects. For instance, U.S. airports are investing billions through FAA’s Airport Improvement Program (AIP) specifically for runway rehabilitation and expansion. In developing economies, emerging airport hubs are prioritizing robust runway and taxiway designs to future-proof against rising demand. Runway and taxiway modernization plays a vital role in improving aircraft turnaround times, enhancing safety, and accommodating next-generation aircraft. As airports worldwide strive to meet International Civil Aviation Organization (ICAO) and national regulatory standards, this segment is experiencing accelerated growth and is expected to remain a priority in airport development plans.

 

Based on region, Asia Pacific is the fastest growing region in the Global Airport Modernization Market during the forecast period primarily driven by rapid urbanization, expanding air travel demand, rising middle-class populations, and significant government investments in aviation infrastructure. Countries like China, India, Indonesia, Vietnam, and the Philippines are witnessing exponential growth in domestic and international passenger traffic, prompting urgent upgrades to outdated airport infrastructure. The region is experiencing a construction boom, with several new airports under development and existing ones undergoing large-scale modernization. India, for example, plans to build and upgrade over 200 airports by 2026, while China aims to have over 400 operational airports by 2035. These projects involve expanding terminals, enhancing runway and taxiway capacity, and integrating advanced air traffic control and safety systems.

Technological adoption is also accelerating in Asia Pacific. Airports are increasingly implementing smart solutions such as facial recognition, automated check-ins, and IoT-based monitoring systems to enhance passenger experience and streamline operations. Additionally, the region is investing in sustainable airport infrastructure by incorporating solar power, energy-efficient HVAC systems, and eco-friendly building materials. Moreover, governments across Asia Pacific are launching favorable policies and offering public-private partnership (PPP) models to attract private investments into the airport sector. For instance, Japan and South Korea are supporting smart airport initiatives, while ASEAN nations are liberalizing airspace policies to boost regional connectivity. The competitive labor market, lower construction costs, and increasing presence of regional and global airport infrastructure companies are further fueling growth. Airports like Changi (Singapore), Incheon (South Korea), and Delhi International (India) are already global benchmarks for innovation and efficiency.

 

Key market players in the Global Airport Modernization market are: -

  • Honeywell International Inc.  
  • Siemens AG
  • Thales Group
  • SITA
  • Raytheon Technologies Corporation
  • ADB SAFEGATE
  • TAV Technologies
  • Hensel Phelps Construction Co.
  • Bechtel Corporation
  • L3Harris Technologies, Inc.   

 

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The Global Airport Modernization Market presents significant opportunities driven by rising air passenger traffic, expanding airline networks, and demand for enhanced operational efficiency. Emerging economies are investing heavily in airport infrastructure, creating opportunities for construction, technology integration, and engineering services. Advancements in smart airport technologies—such as IoT, biometrics, AI, and digital towers—offer growth prospects for tech providers. Sustainability trends are also generating demand for energy-efficient designs and green infrastructure. Additionally, public-private partnerships (PPP) and favorable government policies are enabling large-scale modernization projects, opening doors for global investors, contractors, and solution providers across both commercial and military airport segments.Top of Form” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based Global management consulting firm.

“Airport Modernization Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Infrastructure Type (Terminal Modernization, Runway & Taxiway Modernization, Air Traffic Control (ATC) Modernization, Parking & Ground Access, Security Infrastructure, Others), By Airport Type (Commercial Airports, Cargo Airports, Military Airports), By End User (Airport Authorities, Government Agencies, Private Operators, Defense Organizations), By Region, and By Competition, 2020-2030F,” has evaluated the future growth potential of Global Airport Modernization Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Airport Modernization Market.

 

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