India Aviation Infrastructure Market Size (2024 - 2029)

India Aviation Infrastructure Market Analysis

The India Aviation Infrastructure Market size is estimated at USD 99.43 billion in 2024, and is expected to reach USD 121 billion by 2029, growing at a CAGR of 4% during the forecast period (2024-2029).

The Indian aviation infrastructure market is projected to grow significantly during the forecast period owing to the growth in the number of aviation operations and growing investments in commercial aircraft acquisitions by various airline companies. Such acquisitions have been mainly driven by the significant growth in terms of air traffic passengers within the country in recent years.

The introduction of new low-cost carrier airlines, such as Akasa Air, is expected to lead to the opening up of new routes and destinations within the country. Such opportunities are also anticipated to lead to a significant increase in the number of investments by airport authorities toward new airport construction/expansion programs in order to meet the future needs of the Indian aviation industry.

On the other hand, stringent regulations imposed by the Indian aviation authority are expected to hamper the growth of the market studied in the long run. The growth in the usage of artificial intelligence and blockchain technologies is expected to further increase the business opportunities for aviation infrastructure companies in India in the coming years.

India Aviation Infrastructure Industry Segmentation

The Indian aviation infrastructure refers to all the groups of constructions, passenger terminals, landing strips, taxiways, platforms, parking spaces, internal access roads, equipment and installations, and civil works which form part of the airports in India.

The Indian aviation infrastructure market is segmented based on airport construction type, airport type, and infrastructure type. By airport construction type, the market is segmented into greenfield airport and brownfield airport. By airport type, the market is segmented into commercial airport, military airport, and general aviation airport. By infrastructure type, the market is segmented into terminal, control tower, taxiway and runway, apron, hangar, and other infrastructure types. Other infrastructure types include maintenance facilities and fire and rescue facilities. The report offers the market size in value terms in USD for all the abovementioned segments.